openPR Logo
Press release

Fourth Party Logistics Market Outlook to 2027 - Allyn International Services, CEVA Logistics, DAMCO, DB Schenker, Deutsche Post, GEFCO, GEODIS, LOGISTICS PLUS, UPS Supply Chain Solutions, XPO Logistics

10-14-2019 08:34 AM CET | Logistics & Transport

Press release from: The Insight Partners

Fourth Party Logistics Market

Fourth Party Logistics Market

The global fourth party logistics market accounted to US$ 54.06 Bn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 - 2027, to account to US$ 84.17 Bn by 2027.

Asia-Pacific was the leading geographic market and it is anticipated to be the highest revenue contributor throughout the forecast period. The huge population, growing disposable incomes, rising domestic consumption and lower costs are some of the factors attributing to the growth of e-commerce sector in countries like China, India, Taiwan, Japan and South Korea, which is further expected to fuel fourth party logistics market in this region.

Request a Sample copy of Report -

Market Insights

Adoptions of Solution Integrator Model

The solution integrator model is known as the core 4PL model. In the solution integrator model, the 4PL providers is engaged in operating and managing a comprehensive end-to-end supply chain solution for a single client. This business model for 4PL leverages the resources, technology, and capabilities of 4PL and complementary service providers for provisioning a comprehensive supply chain solution to deliver value to their customers. Largely, all B2B businesses focus on the solution integrator model for optimizing their supply chains and ensuring the best customer service. Food & beverage, and retail sector customers prefer this type of business relationship with their 4PL service providers. The solution is supposed to grow at the fastest pace during the forecast period in the fourth party logistics market.

Retail and consumer electronics sector moving towards provisioning dynamic logistics

The high-tech consumer electronics and the medical equipment markets today are highly driven by diverse consumer demands coupled with customization features. Strategies such as build-to-order and postponement are often deployed for selling products from the high-tech electronic verticals by many retailers, websites, resellers etc. In many scenarios faced by consumer goods and retail sectors, a customer orders large volumes of products that might be sourced at different locations. These diverse products need to be assembled first, and then need to be shipped to the consumer at the earliest possible timelines. Fulfillment of such demands requires the deployment of a highly sophisticated and Omni-channel supply chain approach by the logistics service provider. This factor is anticipated to provide huge opportunities to the players operating in the fourth party logistics market.

Segment by Type Insights

The global fourth party logistics market by type was led by solution integrator model segment. The other type of fourth party logistics model include Synergy Plus Operating Model and Industry Innovator Model. The industry innovator model comprises of highest complexity and therefore incurs higher costs to the customers, leading to its slow growth over the forecast period in the fourth party logistics market.

Segment by End-User Insights

The fourth party logistics market by end-user is segmented into Aerospace and Defense, Automotive, Consumer Electronics, Food and Beverage, Industrial, Healthcare, Retail, and Others. Fourth Party Logistics industry is growing at a high rapid pace and successfully introduces new advancements. In a dynamic era, manufacturers are developing diversified product categories, packaging designs, and numerous logistics arrangements which results into astounding amount of complexity creation in the form of expanding product variations, fragmented channels, and rising customer demands for the tailored solutions. Therefore, it is projected to create tremendous opportunities for lead logistics providers in the fourth party logistics market. This are efficient in managing entire supply chain, starting from packaging till last mile delivery.

Strategic Insights

New market initiatives were observed as the most adopted strategy in global fourth party logistics industry. Few of the recent market initiatives are listed below:

2019: Logistics Plus Inc. Opened New "Logistics Plus Chemical SCM" Entity in India which will bring a full suite of 3½PL and 4PL solutions to petrochemical and chemical companies located in India.

2019: Deutsche Post DHL Group has concluded the landmark deal to transfer its supply chain operations in Mainland China, Hong Kong and Macau, herein after referred to as "China" to SF Holding ("SF"), a leading premium logistics service provider in the country.

2018: GEFCO launched global mission control centre for Time Critical Freight Forwarding solutions. Innovative Centre is expected to provide global operational support, control and coordination of time critical solutions shipments.

Leading Fourth Party Logistics Market Players:

• Allyn International Services, Inc.
• CEVA Logistics AG
• DB Schenker
• Deutsche Post AG
• GEFCO Group
• UPS Supply Chain Solutions (United Parcel Service, Inc.)
• XPO Logistics Inc.

Purchase this Report with 20% Customization at -

Key Elements that the report acknowledges:

• Market size and growth rate during forecast period.
• Key factors driving the Fourth Party Logistics Market.
• Key market trends cracking up the growth of the Fourth Party Logistics Market.
• Challenges to market growth.
• Key vendors of Fourth Party Logistics Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Fourth Party Logistics Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

Contact Us:
The Insight Partners
533, 5th Floor, Amanora Chambers,
Amanora Township, East Block,
Kharadi Road, Hadapsar, Pune-411028

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food & Beverages, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fourth Party Logistics Market Outlook to 2027 - Allyn International Services, CEVA Logistics, DAMCO, DB Schenker, Deutsche Post, GEFCO, GEODIS, LOGISTICS PLUS, UPS Supply Chain Solutions, XPO Logistics here

News-ID: 1847932 • Views: 481

More Releases from The Insight Partners

Neurorehabilitation Gaming Systems Market is Booming Worldwide - Jintronix, Mind …
A new research document with title Global Neurorehabilitation Gaming Systems Market Report covering detailed analysis, Competitive landscape, forecast and strategies has been added to the Insight Partners. The study covers geographic analysis that includes regions like North America, Europe and Asia-Pacific, South America, Middle East and Africa. The report will help user gain market insights, future trends and growth prospects for forecast to 2027. Neurorehabilitation is a complex medical process
IT Alerting Software Market To Observe Exponential Growth By 2020-2027|Atlassian …
IT alerting software provides notifications about failures in IT systems. These tools will monitor systems for poor performance, infrastructure problems, and other issues with IT management. Such notifications may be transmitted by email, SMS, or other means of communication. Companies use these tools to identify problems within their networks, IT infrastructure, and other IT systems to reduce downtime and avoid potential permanent damage. Some tools provide incident logging, historical records,
Homomorphic Encryption Market: Year 2020-2027 and its detail analysis by Focusin …
Homomorphic encryption solution ensures tightened security at each level of data transmission, which includes data reception, computation, and output result phases in the cloud. It enables complicated calculations to be achieved on encrypted data without compromising the encryption. It's set to play a crucial role in the cloud industry since investments are being made to improvise. Furthermore, the huge implementation of homomorphic encryption in the BFSI sector is projected to
Education Technology Market: Year 2020-2027 and its detail analysis by Focusing …
Education technology is utilized to enhance education with different types of devices, such as interactive displays, tablets, interactive whiteboards, adaptive devices, and many other types of products that are used for various educational purposes. The incredible advancements in education technology have led to the advancement of speech and recognition technology, interactive software, and portable products. Increasing Hardware and Connectivity, Increasing Demand for Digital Education and Lower Development Costs are some of

All 5 Releases

More Releases for Logistics

Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026. The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. Download Sample PDF copy of this report The study objectives of this report are: To analyze global Third-Party Logistics status, future forecast,
Asia Logistics Market Leading Vendors by COSCO Logistics, KYE Logistics, KAILUAN …
world economic growth, the Logistics industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Logistics market size to maintain the average annual growth rate of 2.08% from 375 Billion USD in 2014 to 407 Billion USD in 2017, BisReport analysts believe that in the next few years, Logistics market size will be further expanded, we expect that by 2022, The market
Contract Logistics Market is Booming | Sankyu, Allcargo Logistics, CEVA Logistic …
HTF MI recently introduced Contract Logistics Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CJ Korea Express, Deutsche Post DHL, Hitachi Transport System, Mitsubishi Logistics, Sankyu,
Logistics Market
Global Logistics Market Information Report: By Transportation Type (Airways, Waterways, Railways, Roadways), Logistic Type (First Party, Second Party, Third Party) End User (Industrial and Manufacturing, Retail, Healthcare, Oil & Gas) - Forecast 2023 Market Highlights Logistics is a supply chain management part with a detailed organization and implementation of a complex operation. It includes the movement of goods and information between the provider and the receiver. Moreover, logistics is the management of
Global Event Logistics Market 2017: Rhenus Logistics, ACME Global Logistics, Agi …
Global Event Logistics Market 2017-2022 QY Market Research include new Event Logistics market research report "2016-2022 Report on Global Event Logistics Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application" to its huge collection of research reports. This report on the global Event Logistics market is highly useful as it covers all the aspects which are important in determining the future of this industry. The Event Logistics report is