Press release
Europe Third Party Logistics Market Expected to reach US$ 312.5 Bn in 2027 - Deutsche Post AG, Kuehne + Nagel International AG, Nippon Express, DB Schenker
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Factors including benefits in managing seasonal variations of products driving the Europe Third party logistics market. Third party logistic (3PL) firms have diversified resource network which help core companies to expand quickly and efficiently in a cost-effective manner. Depending on the needs of core companies, 3PL possess the capability to scale labor, space, and transportation needs irrespective of the fluctuation in inventory. 3PL firms deliver adequate resources and flexibility in services even in case of seasonal inventory or new product release. Many of the businesses experience seasonal fluctuation in customer demand and it is essential to handle such swings in business in order to maintain efficiency in operations. The market players are focusing on various initiatives to enhance its reach to rural areas and boost its position in the Europe Third party logistics market.
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Some of the players present in Third party logistics market are Deutsche Post AG, Kuehne + Nagel International AG, Nippon Express Co., Ltd., DB Schenker, C.H. Robinson Worldwide, Inc., DSV A/S, XPO Logistics, Inc., Sinotrans Co., Ltd., Geodis, and UPS Supply Chain Solutionsamong others.
The Europe Third party logistics market is fragmented with the presence of several industries and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Europe Third party logistics market further. For instance, Third party logistics is becoming important for many companies with the increase in industrialization and growth in customer demand. However, in 2016, European Union has implemented the General Data Protection Regulation (GDPR), which is applicable from the 25th May 2018 and this regulation may act as a challenge for the logistic industry in order to manage the data. GDPR is European Union's act for data protection for the companies which are based in Europe as well as for the companies that are based outside Europe & doing business in collaboration with European based companies. These initiatives are implemented to enhance the technologies that positively impact on the Europe Third party logistics market. These initiative provide various benefits to the Third party logistics based companies located in the region thus, increasing the growth of Europe Third party logistics markets. This is further expected to provide the Europe Third party logistics market players to cope up with the rapidly transforming automotive industry. This initiative provides multiple benefits to the companies present in this region and thus increasing the growth of Europe Third party logistics market.
On the basis of mode of transport, the roadways segment is leading the Europe Third party logistics market. However, the airways segment are anticipated to grow at a highest CAGR. Airways is often considered as an alternative for other mode of transport especially in case of flooding and conflict situations. The factors that influence the selection for airway mode of transport are availability & cost of different types of aircraft, the distance to be travelled & possible constraints on certain airspace, and securing landing & over-flight permission. The air waybill is the most important document when transporting goods by airfreight which is the carrier's receipt for the contact of carriage and is commonly non-negotiable. Currently, the market players are looking ahead to support Europe Third party logistics industry by innovating advanced technological components.
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Table of Contents:
PART 1.INTRODUCTION
PART 2.KEY TAKEAWAYS
PART 3.EUROPE THIRD PARTY LOGISTICS MARKET LANDSCAPE
PART 4.EUROPE THIRD PARTY LOGISTICS MARKET - KEY INDUSTRY DYNAMICS
PART 5.THIRD PARTY LOGISTICS MARKET - EUROPE MARKET ANALYSIS
PART 6.EUROPE THIRD PARTY LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 - MODE OF TRANSPORT
PART 7.EUROPE THIRD PARTY LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 - BY SERVICE
PART 8.EUROPE THIRD PARTY LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 - BY END-USER
PART 9.EUROPE THIRD PARTY LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 - BY CUSTOMER
PART 10.EUROPE THIRD PARTY LOGISTICS - GEOGRAPHICAL ANALYSIS
PART 11.INDUSTRY LANDSCAPE
PART 12.COMPETITIVE LANDSCAPE
PART 13.EUROPE THIRD PARTY LOGISTICS MARKET- KEY COMPANY PROFILES
13.1DEUTSCHE POST AG
13.1.1Key Facts
13.1.2Business Description
13.1.3Financial Overview
13.1.4SWOT Analysis
13.1.5Key Developments
13.2KUEHNE + NAGEL INTERNATIONAL AG
13.2.1Key Facts
13.2.2Business Description
13.2.3Financial Overview
13.2.4SWOT Analysis
13.2.5Key Developments
13.3NIPPON EXPRESS CO., LTD.
13.3.1Key Facts
13.3.2Business Description
13.3.3Financial Overview
13.3.4SWOT Analysis
13.3.5Key Developments
13.4DB SCHENKER (DEUTSCHE BAHN AG)
13.4.1Key Facts
13.4.2Business Description
13.4.3Financial Overview
13.4.4SWOT Analysis
13.4.5Key Developments
13.5C.H. ROBINSON WORLDWIDE, INC.
13.5.1Key Facts
13.5.2Business Description
13.5.3Financial Overview
13.5.4SWOT Analysis
13.5.5Key Developments
13.6DSV A/S
13.6.1Key Facts
13.6.2Business Description
13.6.3Financial Overview
13.6.4SWOT Analysis
13.6.5Key Developments
13.7XPO LOGISTICS, INC.
13.7.1Key Facts
13.7.2Business Description
13.7.3Financial Overview
13.7.4SWOT Analysis
13.7.5Key Developments
13.8SINOTRANS CO., LTD.
13.8.1Key Facts
13.8.2Business Description
13.8.3Financial Overview
13.8.4SWOT Analysis
13.8.5Key Developments
13.9GEODIS
13.9.1Key Facts
13.9.2Business Description
13.9.3Financial Overview
13.9.4SWOT Analysis
13.9.5Key Developments
13.10UPS SUPPLY CHAIN SOLUTIONS (UNITED PARCEL SERVICE, INC.)
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