Press release
Forth Party Logistics Market Size, Outlook, Share, Top Players, Revenue, Size and Forecast 2031
Global Forth Party Logistics Market is valued approximately USD 57.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2022-2028.The Forth Party Logistics, also known as 4PL, it acts as intermediate between organization as service providing company this is a modern way for business owner to outsource the supply chain to external service providing service organization.
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Forth Party Logistics is responsible for readies, coordinated and manage all different responsibility of assessing, planning, designing, running, building supply chain solution in behalf of the firm. Demand of the effective and smooth supply chain is increasing the market of 4PL. Manufacturing different product and spread globally due to which wider network and connection has been created with company.
Major market players included in this report are:
C.H. Robinson Worldwide, Inc.
XPO Logistics, Inc.
4PL Group
Panalpina World Transport (Holding) Ltd.
Deloitte Touche Tohmatsu LLC
Global4PL
Logistics Plus Inc.
CEVA Logistics
DAMCO
And organization have to handle multiple online and offline channels across the globe. The increasing demand of innovative IT solution driving the growth of this market. Logistic solution pays more attention on their product that helps in on time delivery and order fulfilment. Hence, gives time to the organization manager to focus on core problems. Growth of E-Commerce is the biggest opportunity for 4PL to grow in upcoming period. Growing electronic industry market gives the manufactures the solution of doorstep delivery to customer with the help of forth party logistic. Meanwhile according to the Ministry of Electronica and Information Technology the global e-commerce market is approx. USD 26.7 trillion in 2019. However, regulations regarding logistics impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Forth Party Logistics study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share. Factors such as rapid increasing of industry and technological advancements in the manufacturing with the early adopting digitization in the region giving the boost in the global 4PL market. Whereas, South Asia expected to grow fastest with the CAGR of 5.3% due to the government support in improvement of technologically connected infrastructure that helps in advancing into transport and logistic hubs.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Industry Innovator Model
Solution Integrator Model
Synergy Plus Operation Model
By End User
Aerospace and Defence
Automotive
Consumer Electronics
Food and Beverages
Industrial
Retail
Healthcare
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix
Here is an overview of the different factual statements covered by the study:
The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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