Press release
Europe Third Party Logistics Market 2020 is Thriving Worldwide | DB Schenker (DB Group), FM Logistics, Deutsche Post DHL, United Parcel Service, Yusen Logistic and KUEHNE+NAGEL
The Worldwide Europe Third Party Logistics Market was valued at USD 82.27 Billion in 2018 and is expected to witness a growth of 3.97% from 2019-2026 and reach USD 109.42 Billion by 2026.What is Third Party Logistics Market?
Third Party Logistics can be defined as a business process by which companies outsource logistics and distribution functions to a specialized logistics service provider. Third Part Logistics includes transportation, warehousing, freight as well as forwarding. Several third-party logistics operators also offer to integrate and customize their services for the individual needs of the customer.
Factors such as a solid economy, increasing consumer expectations as well as tightening capacity are creating an atmosphere for a strong operating environment for third party logistics providers as shippers are engaging more and more in outside resources in order to meet the stringent delivery deadlines and simultaneously boost customer satisfaction.
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Third Party Logistics Market: Demand Analysis & Opportunity Outlook 2027
Third Party Logistics research study is to define market sizes of various segments & countries by past years and to forecast the values by next 5 years. The report is assembled to comprise each qualitative and quantitative elements of the industry facts including: market share, market size (value and volume 2014-19, and forecast to 2027) which admire each countries concerned in the competitive examination. Further, the study additionally caters the in-depth statistics about the crucial elements which includes drivers & restraining factors that defines future growth outlook of the market.
Some of the key players/Manufacturers involved in the Market are –
DB Schenker (DB Group), FM Logistics, Deutsche Post DHL, United Parcel Service, Yusen Logistic and KUEHNE+NAGEL
Important years considered in the study are:
Historical year – 2014-2019 ; Base year – 2019; Forecast period** – 2020 to 2027 [** unless otherwise stated]
Europe Third Party Logistics Market Segmentation
The Europe Third Party Logistics Market is classified on the basis of Service Type and Region. The gist of breaking down the market into various segments is to gather information about various aspects of the market.
On the basis of Service Type, the market is bifurcated on the basis of International Transportation Management and Domestic Transportation Management. Domestic Transportation Management accounted for the largest market share of xx% in 2018, with a market value of USD xx Billion and is projected to grow at the highest CAGR of 4.2% during the forecast period. International Transportation Management was the second-largest market in 2018, valued at USD xx Billion in 2018; it is projected to grow at a CAGR of xx%.
On the basis of region, Germany is the largest economy in Europe and reported a GDP (nominal) of $3.35 trillion in 2015. The country is the third-largest exporter in the world and is home to many automotive companies and companies in the mechanical engineering, aerospace, chemical, logistics, and pharmaceutical industries. Owing to the above factors Germany is anticipated to account for the largest share of the 3PL market in Europe followed by France and the UK.
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If opting for the Global version of Third Party Logistics Market analysis is provided for major regions as follows:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, the United Kingdom, Netherlands, Russia , Italy and Rest of Europe)
• Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia, rest of countries etc.)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
Research objectives of the Third Party Logistics Market report:
-To analyze Third Party Logistics consumption (value and volume), product type and Application, History data from 2015 to 2020 and forecast.
-To understand the structure of the Third Party Logistics Market, identify the different sub-segments.
- Focuses on the most important Third Party Logistics manufacturers to define, describe and analyze sales volume, value, market share, market competition landscape, STREBER analysis and development plans in the coming years.
- To analyze the Third Party Logistics Market taking into account individual growth trends, future prospects and their contribution to the overall market
- Detailed information on the key factors influencing the Expansion of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To analyze competitive developments such as extensions, agreements, product launches and acquisitions within the company
- To strategically profile the main players and to comprehensively analyse their growth strategies.
The report also focuses on the world's leading industry players in the global Third Party Logistics Market, providing information such as company profiles, product images and specifications, capacity, production, price, cost, revenue and contacting information. In addition, upstream raw materials and equipment as well as downstream demand analyses are managed. The global Third Party Logistics Market development trends and market channels are analyzed. Finally, the feasibility of the latest investment projects is evaluated and general research results are offered. With tables and figures to help analyze the global Third Party Logistics Market, this study provides important statistics on the state of the industry and can be a valuable guide and guidance for companies and individuals who are curious about the market.
Reason for buying Third Party Logistics Market report:
- This report provides a pinpoint analysis of the change in competitive dynamics
- Third Party Logistics Market provides a forward-looking perspective on various factors that drive or inhibit market growth.
- It includes a six-year forecast, which is assessed on the basis of expected market growth
- Better understanding of the effects of specific conditions on the prevailing population of the Third Party Logistics Market.
- To understand the most important product segments and their future
- Transfer of more accurate information for clinical trials to determine research size and realistic recruitment for different countries
- Third Party Logistics Market helps with sound business decisions by having complete insights into the market and analyzing market segments in depth
-To provide distinctive graphics and exemplary STREBER analysis of the most important market segments
Purchase report with detailed assessment of the present and future impact of the COVID-19 pandemic on the industry @ https://www.verifiedmarketresearch.com/product/europe-third-party-logistics-market/?utm_source=OPR&utm_medium=001
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Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.
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