Press release
New Business Insights on United Kingdom Third Party Logistics (3PL) Market 2020-2025
United Kingdom Third Party Logistics (3PL) Market - Growth, Trends And Forecast (2020 - 2025)The United Kingdom Third Party Logistics (3PL) Market recently Published United Kingdom Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “United Kingdom Third Party Logistics (3PL) Market”.
The report provides information and the advancing business series information in the sector to the exchange. The report provides a notion connected to the progress of this market movement of significant players of this industry. An examination of this United Kingdom Third Party Logistics (3PL) market relies upon aims, which are of coordinated into market analysis, is incorporated into the reports.
Market Overview: Being a developed economy, the 3PL market in the country is well-developed and is expected to show a CAGR of over 6% during the forecast period 2020 - 2025.The United Kingdom is one of the major trading countries globally, which exports most of its products to many European countries. Owing to developed infrastructure, sophisticated supply chain network, and the presence of global players, the countrys freight and logistics market has gained a strong base over the years.
Top Companies: DHL Supply Chain, XPO, Wincanton, Kuehne Nagel and UPS
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Key Market Trends
Growth in Logistics Parks and Fulfilment Centers
Micro-fulfillment is drastically transforming the way logistics work across cities. This trend and the demand for last-mile delivery offer some interesting opportunities for investors and start-ups in the market.
The logistics sector is experiencing massive disruption where now the consumers will be able to receive their items in time as little as one hour. The rapidly-delivered services are already familiar to most urban consumers. Leaders like Deliveroo, Ofo and Uber have already made extreme efficiency a day-to-day reality for food and rides. When it comes to logistics, the principle is roughly the same but the potential is even further-reaching.
- In March 2020, infrastructure work on the north-east logistics and Manufacturing Park on a 270-acre land at Teesside International Airport. Further, the land on the south of the airport is expected to witness the development of up to 3.4 million sq. feet of warehousing space.
Explore Full Report With Detailed TOC Here:
https://www.marketinsightsreports.com/reports/07202152013/united-kingdom-third-party-logistics-3pl-market-growth-trends-forecasts-2020-2025?mode=31&OP
Technology aiding the growth of the sector
Many major logistics companies like DHL Supply Chain, DB Schenker and CEVA Logistics have started incorporating electric vehicles for transportation and renewable sources like solar energy to produce electricity in their warehouse centres. Moreover, the companies outsourcing their logistics services are focusing on alternative logistics modes like railways which is capable to transport bulk quantities with minimum emissions.
In February 2020, Bombardier Inc and Alstom announced their agreement, where Alstom buys Bombardier Transportation for a sum of USD 8 billion. With a collective pledge to the next generation of green and digital rail solutions, the deal would be beneficial providing economies of scale, improved investments and innovation capabilities in the logistics sector. Huge opportunities in intermodal transport have opened up. Companies like Tesco and Sainsburys are now using rail freight to transport goods from one place to another enabling fast delivery of goods to their network of UK distribution centres.
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of United Kingdom Third Party Logistics (3PL) Market
-Changing United Kingdom Third Party Logistics (3PL) market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected United Kingdom Third Party Logistics (3PL) market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of United Kingdom Third Party Logistics (3PL) Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours. Please connect with our sales team (sales@marketinsightsreports.com).
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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