Third Party Logistics Market Share, Growth, Trend Analysis By Americold Logistics, LLC., DHL Supply Chain, FedEx, Nippon Express, UPS Supply Chain Solutions

The forecast period from 2019 to 2023 is suitable for third-party logistics market. In addition, this Third Party Logistics Market report is very helpful in providing market constraints and driving forces with the help of SWOT analysis. The Third Party Logistics Market report includes predictions, analyzes, and discussions of current and future industry status, market size, market share assessments, and profiles of key industry suppliers.The value of the world's third-party logistics market is estimated at $ 665 million in 2017, reaching $ 990 million by the end of 2023, with an annual average growth of 5.6% between 2019 and 2023.

Third Party Logistics Market Segment by Companies, this report covers AmeriCold Logistics, DHL Supply Chain, FedEx, Nippon Express, UPS Supply Chain Solutions, and others.

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Third Party Logistics (3PL) is a business contract where a company outsources logistics operations to a professional service provider that provides customized on-demand shipping, warehousing, distribution and freight and delivery services.

Third Party Logistics Market Segment by Regions, regional analysis covers

· North America (United States, Canada and Mexico)
· Europe (Germany, France, UK, Russia and Italy)
· Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
· South America (Brazil, Argentina, Colombia)
· Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Third Party Logistics Market Segment by Type, covers

· DCC
· DTM
· ITM
· Logistics Software

Third Party Logistics Market Segment by Applications, can be divided into

· Manufacturing
· Consumer Goods
· Retail
· Automotive
· Food and Beverage
· Others

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Scope of the Third Party Logistics Market Report:

This Third Party Logistics Market report studies the status and outlook of third-party logistics markets in the world and major regions in terms of players, countries, product types, and end industries. This report analyzes the top companies in the global Third Party Logistics Market and breaks down the third-party logistics market by product type and application / end industry.

The evolution of e-commerce in the retail sector is expected to drive growth prospects for the 3PL market in the future. Some of the key factors responsible for the expansion of the e-commerce sector are increased adoption of the Internet and mobile services. It has also been observed that factors such as efficient inventory management and fast delivery are important for the successful operation of this sector. As a result, the demand for efficient delivery systems, inventory management, package delivery, individual delivery times, and freight shipments is increasing, leading to a growing third-party logistics market.

APAC holds the largest market share in 2017 and is expected to continue to dominate the market over the next few years. Some of the key drivers of market growth in the region are increased outsourcing of logistics services and increased imports and exports in major countries. In addition, APAC's demand for 3PL services is due to factors such as economic growth and globalization, requiring manufacturers to import and export raw materials and finished products worldwide.

The value of the global third-party logistics market is expected to reach $ 665 million in 2017, reaching $ 999 million by the end of 2023, with an annual average growth of 5.6% between 2017 and 2023.

· The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

· North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Third Party Logistics.

· Europe also play important roles in global market, with market size of million USD in 2017 and will be million USD in 2023, with a CAGR of %.

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