Press release
The Third Party Logistics Market is expected to register USD 856.7 billion revenue generation in the year 2019, with a compound annual growth rate (CAGR) of 7.4%.
Third Party Logistics Market
The third party logistics (3PL) is the method of outsourcing operations of warehouse management, inventory operations, and shipping services across the globe. These services also augment the order fulfillment operations, transportation, freight forwarding, picking, and packing. The third party logistics (3PL) focuses on entire supply chain management operations, from the package pickup to the delivery of the products. The increasing trend of utilization of these services due to the emergence of distribution outsourcing drives the market growth.
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The Major Manufacturers Covered in this Report:
H. Robinson Worldwide (CHRW) Inc.
FedEx Corporation
Nippon Express Co., Ltd.
BDP International
XPO LogisticsInc
DB Schenker Logistics
Burris Logistics
CEVA Logistics
Kuehne + Nagel International AG
DSV Panalpina A/S
Yusen Logistics Co. Ltd. (Nippon Yusen)
UPS Supply Chain Solutions, Inc. and more...
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029
Market Segmentation:
By Mode of Transport
Ground/Roadways Transport
Waterways/ Maritime Transport
Railways Transport
Air Transport
By Industry Vertical
E-commerce and Retail
Healthcare and Pharmaceuticals
Manufacturing
Automotive
By Service
Freight forwarding
Warehousing and Distribution (W&D)
Domestic Transportation Management (DTM)
Value-Added Logistics Services (VALs)
International Transportation Management (ITM)
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Third Party Logistics Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Third Party Logistics Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Third Party Logistics Market sub-markets, depending on key regions (various vital states).
To analyze the Global Third Party Logistics Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Third Party Logistics Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Third Party Logistics Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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