Contract Logistics Market Shows Positive Long-Term Growth Outlook by 2025 - GEODIS, DB Schenker, Hitachi Transport System, XPO Logistics, Ryder System, CEVA Logistics AG, Neovia Logistics Services and UPS Supply Chain Solutions
Contract Logistics Market is expected to grow from US$ 203.9 Bn in 2017 to US$ 298.8 Bn by 2025 at a CAGR of 5.0% between 2018 and 2025.
This report focuses on the Contract Logistics Market Size, Revenue, Share, status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Contract Logistics development in North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).
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Top Dominating Key Players:
1. Deutsche Post AG
3. DB Schenker
4. Hitachi Transport System, Ltd.
5. Kuehne + Nagel International AG
6. XPO Logistics, Inc.
7. Ryder System, Inc.
8. CEVA Logistics AG
9. Neovia Logistics Services, LLC
10. UPS Supply Chain Solutions
Worldwide Contract Logistics Market Analysis to 2025 is a specialized and in-depth study of the Contract Logistics industry with a focus on the global market trend. Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.
The advent of internet had taken global business markets by storm at the start of the 21st century. Countries and regions that realized its potentials have made most of the business opportunity provided by the internet and have been successful in improving their economies. With the rollout of internet, different business models were created and e- commerce is one such example. The E- commerce industry gathered pace in the early part of this decade with advancements in the internet infrastructures & speed, as well as increasing smartphones and internet penetration among the users. E- commerce sparked an upheaval in the consumers buying behavior and also changed the ways in which businesses interact with each other. As the global e- commerce market is heating up, varying buying patterns and trends have been observed in different countries of the region with regards to the product category preferred for online purchase.
Most of the buying is influenced by the demographics of the country such as the percentage of youth population indulging in e- commerce activity, the economy of the country, age group interested in e- commerce, and the level of awareness in the country. The categories the online shoppers most often purchase consist of electronics, apparel, accessories, and perfumes. Groceries, books, CDs, shopping for travel and entertainment are the things that are purchased online by customers globally. Fashion is currently the leading product category in many countries of the world, which is then followed by Electronics & Media.
The global contract logistics market has been segmented into four types namely by type, services, end- user, and geography. The market has been segmented on the basis of type into insourcing and outsourcing. Further the services segment is broken down by transportation, warehousing, packaging processes and solutions, distribution, production logistics, aftermarket logistics, and others. The contract logistics market has been further segmented on the basis of end- users into aerospace, automotive, consumer, high- tech, industrial, pharma & healthcare, retail, and others. Geographically the market is presently dominated by Asia Pacific region owing to the unprecedented growth of e- commerce sector in the region.
Global Contract Logistics Market Segmentation :
Global Contract Logistics Market - By Type
Global Contract Logistics Market - By Services
• Packaging Processes and Solutions
• Production Logistics
• Aftermarket Logistics
Global Contract Logistics Market - By End- User
• Pharma & Healthcare
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What our report offers:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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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, Automotive and Defense.
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