Fourth Party Logistics Market Set For Rapid Industry Growth, To Reach Around US$ 84.17 Billion By 2027 with a CAGR of 5.2%

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.

The Fourth Party Logistics Market is among the fastest-growing branches of economy. To be successful in this rapidly evolving, highly competitive sector, companies need high-quality, up-to-date information and insight. The Insight Partners Research Publications have been providing research and market analysis services for the Fourth Party Logistics Market sectors.

Latest market study on "Fourth Party Logistics Market to 2027 by Type (Synergy Plus Operating Model, Solution Integrator Model, and Industry Innovator Model); and End User (Aerospace & Defense, Automotive, Consumer Electronics, Food & Beverage, Industrial, Healthcare, Retail, and Others) - Global Analysis and Forecast", the fourth party logistics market is estimated to reach US$ 84.17 Bn by 2027 from US$ 54.06 Bn in 2018. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

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The key companies operating in the field of fourth party logistics that are profiled in the report include Allyn International Services, Inc., United Parcel Service of America, Inc., GEFCO Group, XPO Logistics, DHL Group, DB Schenker, DAMCO, LOGISTICS PLUS Inc., GEODIS, and CEVA Logistics among others. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.

An exclusive Fourth Party Logistics Market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Fourth Party Logistics Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Fourth Party Logistics Market. Additionally, the report also highlights market entry strategies for various companies across the globe.

It has been observed that regional demographics have also played a crucial role in the growth of the 4PL services market. As an example, the 4PL adoptions is observed by the retail sector, which in-turn has propelled due to the advent of e-commerce. As APAC region boasts of more than one-third of the global population, the market attractiveness for e-commerce industry is very high in the region. Further, developing economies and rising disposable incomes with individuals have accentuated further the growth in e-commerce activities. Rising demand diversities on account of diverse demographics observed in the region contributes to the supply chain complexities, thus requiring the needs for 4PL services to be deployed by the shipping companies.

Fourth Party Logistics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2019 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Besides this, the report analyzes factors affecting Fourth Party Logistics Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis.

The report segments the global fourth party logistics market as follows:

Global Fourth Party Logistics Market - By Type
• Synergy Plus Operating Model
• Solution Integrator Model
• Industry Innovator Model

Global Fourth Party Logistics Market - By End-User
• Automotive
• Healthcare
• Food and Beverage
• Consumer Electronics
• Aerospace and Defense
• Retail
• Industrial
• Others

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