Contract Logistics Market Tremendous Growth till 2025 | Deutsche Post AG, GEODIS, DB Schenker, Hitachi Transport System, Ltd., Kuehne + Nagel International AG, XPO Logistics, Inc., Ryder System, Inc., CEVA Logistics AG

Logistic industry can be considered as the wheel of globalization and competitive product availability for the increase in the number of global consumers. Asia-Pacific is the fastest emerging region owing to the economic development and dynamic business environment. Currently, Asia-Pacific is leading the global contract logistics market overtaking Europe. The growth in this region is attributed to the rising retail enactment, strong economic growth, and increase in disposable income.

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Swift growth of manufacturing industry and their focus laid on core competencies, burgeoning needs for achieving cost efficiency, task optimizations & technological integrations pertaining to supply chain activities, and benefits in managing seasonal variations of products are projected to drive the market for contract logistics market during the forecast period.

The global contract logistics market has been segmented on the basis of type, services, and end user. On the basis of type, the contract logistics market is categorized into insourcing and outsourcing. Amongst them, insourcing is the dominant segment as many of the companies are shifting their insourcing the logistics services.

The List of companies covered in this Reports are:
1. Deutsche Post AG
2. GEODIS
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

The overall contract logistics market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Contract logistics market.

It also provides the overview and forecast for the global contract logistics market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis.

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