Fourth Party Logistics Market Forecast to 2027 - GEFCO Group, XPO Logistics, Deutsche Post AG, DB Schenker, DAMCO, Logistics Plus Inc., GEODIS, CEVA Logistics AG

fourth party logistics market was valued at US$ 56,472.1 million in 2019 and is projected to reach US$ 78,981.5 million by 2027; it is expected to grow at a CAGR of 4.5% during the forecast period from 2020 to 2027.

The global fourth party logistics market is experiencing a steady growth with regards to the initial research activities, product innovations, investments, technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The fourth party logistics market is a highly fragmented market with the presence of significant number of players in each countries coupled with multiple players with a small and regional presence.

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The List of Companies - Fourth Party Logistics Market

- Allyn International Services, Inc.
- United Parcel Service, Inc.
- GEFCO Group
- XPO Logistics, Inc.
- Deutsche Post AG
- DB Schenker
- DAMCO
- Logistics Plus Inc.
- GEODIS
- CEVA Logistics AG

The fourth party logistics market is influenced by the consumer side demands where manufacturers of various commodities have focused on creating a diverse set of product options, packaging designs, and logistic arrangements. This has raised the complexity in the supply chains by means of fragmented channels, expanding product variations, as well as increasing demand for customized solutions. The advanced countries in North America and Europe are observed to be the pioneers in the installations of 4PL solutions; whereas, the market is gathering pace in the developing countries of Asia. Hence, the growth of e-commerce, retail sector, and manufacturing sector coupled with the digitalization of infrastructures in the developing economies across the world are driving the adoption for 4PL based services. Positive economic outlook in the developing economies of the world, especially in the APAC region, is augmenting the growth of 4PL services.

The latest research report on the “Fourth Party Logistics Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Fourth Party Logistics market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Fourth Party Logistics market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Fourth Party Logistics Market in order to help decision makers with various strategic insights and future outlook. The Fourth Party Logistics market is expected to witness continued growth during the forecast period from 2020 to 2027.

This is a professional and in-depth study on the current state of the Fourth Party Logistics Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Fourth Party Logistics Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The report focuses on global major leading Fourth Party Logistics Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Fourth Party Logistics market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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