3PL FMCG Logistics Market Projected to Show Strong Growth USD 1,789.94 billion at CAGR +7% by end 2027| C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation

3PL is the function by which a manufacturer outsources activities related to logistics and distribution. A 3PL company can provide specialized services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. The market for 3PL service is expected to witness significant growth, due to development of the e-commerce industry. Moreover, the demand for this service is expected to escalate in the near future, due to increase in focus of manufacturers and retailers on their core business (known as core competencies) and subcontracting activities, such as logistics where they have less expertise.

3PL FMCG Logistics Market was valued at $1,027.71 billion in 2021, and is projected to reach $1,789.94 billion by 2027, registering a CAGR of +7% from 2021 to 2027.

Outsourcing logistics to 3PL companies enables FMCG companies to focus on their core competencies. As the 3PL companies are equipped with a large resource network, they have significant advantages over in-house supply chains.

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Dynamic market conditions and improvement in the global economy are the key factors driving globalization. Various activities related to trade have been witnessed to increase, owing to rise in globalization. Hence, manufactures or retailers find it difficult to keep a track of these activities in an efficient manner, 3PL companies help these manufacturers to keep track and control these activities. This factor is expected to drive the market.

Key Players
C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad, United Parcel Service, and others.

It further focuses on Exhaustive geographical analysis is performed on the 3PL FMCG Logistics market report along with covering few major regions such as Europe, China, North America, Japan, India, and South America. Moreover, this report sheds light on some crucial key points that will impel the financial flow of the global market.
several crucial sources to apply in the business to accomplish the best outcomes and gains. It also covers some crucial approaches to explore global opportunities in the market and to expand the business. With the help of this comprehensive market analysis, key players can easily make a prominent place in the market. It also captures the global impacts of the Corona Virus on different segments and countries.

3PL FMCG Logistics Market Segmentation
By Mode of Transport
• Railways
• Roadways
• Waterways
• Airways
By Service Type
• Dedicated Contract Carriage (DCC)
• Domestic Transportation Management
• International Transportation Management
• Warehousing &Distribution
• Others
By Industry
• Technological
• Automotive
• Retailing
• Elements
• Food & Groceries
• Healthcare
• Others

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Regional Analysis:
• North America (The United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Detailed TOC of Global 3PL FMCG Logistics Market Research Report-
– 3PL FMCG Logistics Market Introduction and Market Overview
– 3PL FMCG Logistics Market, by Application
– 3PL FMCG Logistics Market Industry Chain Analysis
– 3PL FMCG Logistics Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– Global 3PL FMCG Logistics Market Status and SWOT Analysis by Regions
– Major Region of 3PL FMCG Logistics Market
i) Global 3PL FMCG Logistics Market Sales
ii) Global 3PL FMCG Logistics Market Revenue & market share
– Major Companies List
– Conclusion

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