Press release
Asia-Pacific Third-Party Logistics Market Size and Trends | Exclusive Report till [2023-2032] | United Parcel Service of America, Inc., DHL International GmbH (a subsidiary of Deutsche Post AG), FedEx, XPO Logistics, Inc
Asia-Pacific third-party logistics market is gaining traction because of the rise in e-commerce sector and increase in focus of manufacturers and retailers on core competencies.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17556
Report Ocean, a leading strategic consulting and market research firm, in its recent study, estimated the Asia-Pacific third-party logistics market size at USD 201.86 billion in 2022. During the forecast period between 2023 and 2029, the Asia-Pacific third-party logistics market size is projected to grow at an impressive CAGR of 9.4% reaching a value of USD 405.33 billion by 2029. The market is flourishing at a high rate owing to the rising adoption of logistics across various industries including e-commerce, construction, retail, automotive, food and beverage, and hospitality. The introduction of technology advancements into the logistics industry, such as transportation management systems (TMS), supply chain management (SCM), international trade logistics systems (ITLS), and enterprise resource planning (ERP), is also expected to provide lucrative growth opportunities to the Asia-Pacific third-party logistics market during the forecast period.
Asia-Pacific Third-Party Logistics Market - Overview
Third-Party Logistics, or 3PL, is a partner or service that aids online retailers in managing their supply chain. The administration of warehouses and inventories, order fulfillment, shipping arrangements, retail distribution, exchanges, and returns are typical 3PL services. The need for 3PL services has increased as a result of rising online sales and rising customer demands for faster delivery and lower rates. In addition, the growth of 3PLs has been facilitated by monitoring technologies, such as GPS and RFID, which provide more comprehensive supply chain visibility. IoT technology has increased monitoring measures for trucks and other carriers.
Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report ) @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17556
Asia-Pacific Third-Party Logistics Market - By End Use
Based on end use, the Asia-Pacific third-party logistics market is segmented into manufacturing, retail, healthcare, automotive, and others. The manufacturing segment accounts for the highest market share as the industry focuses on efficient supply chain management along with keeping costs low. The manufacturing industry involves the procurement of raw materials and supply of final goods in large volumes regularly as well as engaging with a number of suppliers and distributors. The third-party logistics offer better routing management, reduced costs, freight bill auditing and invoice consolidation, and improved customer service to the manufacturing industry, which is propelling its market growth.
Impact of COVID-19 on Asia-Pacific Third-Party Logistics Market
Asia-Pacific third-party logistics market was disrupted due to the sudden COVID-19 pandemic outbreak. The lockdown imposed by the governments of Asia-Pacific countries halted the operations of the major industries including manufacturing and e-commerce, which resulted in a significant decline in the demand for third-party logistics. The trade of non-essential commodities was temporarily restricted and the transportation networks such as roads were blocked, which negatively affected the third-party logistics market in the Asia-Pacific region. However, third-party logistics gained momentum in the healthcare sector for transporting medical essentials, such as PPE kits and vaccines, which provided the market with a significant boost during this period.
Competitive Landscape:
Major players operating in Asia-Pacific third-party logistics market include United Parcel Service of America, Inc., DHL International GmbH (a subsidiary of Deutsche Post AG), FedEx, XPO Logistics, Inc, Kuehne+Nagel, Schenker AG, DSV, Expeditors International of Washington, Inc., C.H. Robinson Worldwide, Inc., SNCF, Nippon Express Co., Ltd., Toll Holdings Limited (a subsidiary of Japan Post Holdings Co., Ltd.), CJ Logistics Corporation, Kintetsu World Express, Inc., and Samudera Shipping Line Ltd, Singapore.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Get The Insights You Need By Customizing Your Report To Fit Your Unique Needs And Goals:https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17556
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Asia-Pacific Third-Party Logistics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Asia-Pacific Third-Party Logistics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Content
Chapter 1: Global Asia-Pacific Third-Party Logistics Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Asia-Pacific Third-Party Logistics market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Asia-Pacific Third-Party Logistics Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Asia-Pacific Third-Party Logistics market Size Forecast (2023-2030).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Asia-Pacific Third-Party Logistics market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Asia-Pacific Third-Party Logistics market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Asia-Pacific Third-Party Logistics market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Asia-Pacific Third-Party Logistics business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17556
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asia-Pacific Third-Party Logistics Market Size and Trends | Exclusive Report till [2023-2032] | United Parcel Service of America, Inc., DHL International GmbH (a subsidiary of Deutsche Post AG), FedEx, XPO Logistics, Inc here
News-ID: 3304089 • Views: …
More Releases from Report Ocean
Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan.
Internet Advertising are set…
Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders…
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030.
This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,…
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,…
More Releases for Logistics
Cold Chain Market 2021 Precise Outlook- AmeriCold Logistics, Nichirei Logistics …
The Global Cold Chain Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is…
Food Logistics Market Worth Observing Growth | Trinity Logistics, AmeriCold Logi …
The latest launched report on Global Food Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Food Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Port Jersey Logistics, DB Schenker, Henningsen Cold Storage, R2 Logistics, AN Deringer, ODW Logistics, Matson Logistics, Allen Lund,…
Logistics Market Future Outlook | AmeriCold Logistics, Nichirei Logistics, Linea …
WiseGuyRerports.com Presents “Global Logistics Market Size, Status and Forecast 2020-2026” New Document to its Studies Database
The extensive market study presents a complete analysis of the global Logistics market, including the latest developments, current market conditions, and the growth potentialities during the review period. Accurate statistics with regard to the product, methods as well as the share belonging to the key businesses in the market are also given in the report.…
Cold Chain Logistics Market Size 2020 by Top Key Players | Nichirei Logistics Gr …
Cold Chain Logistics Market report' to its research archive which allows exploring the industry in a 360-degree view while marking major insights and highlights accelerating the Cold Chain Logistics market trends. The data sourced from the report enables formulating business plans and helps decision making to improve profitability. The Cold Chain Logistics market has been witnessing consistent growth over the last few years and is projected to continue growing with…
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026.
The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.…
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments.
Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s.
The study objectives of this report are:
To analyze global Third-Party Logistics status, future forecast,…
