China's Third Party Logistics (3PL) Market to grow at a CAGR of 10.16% during 2017-2021 - Current MArket Trends, Growth and Survey Report

Albany, NY, March 20, 2017: Third-party logistics (3PL) is a business process, through which companies outsource logistics and distribution functions to a logistics service provider that specializes in transportation, warehousing, freight and forwarding, and others. 3PL is part of logistics services that specializes its logistics services according to the need of industry.

The third-party logistics market in China to grow at a CAGR of 10.16% during the period 2017-2021. The report covers the present scenario and the growth prospects of the third-party logistics market in China for 2017-2021. To calculate the market size, the report considers the revenue generated from the outsourcing of the different services.

Technavio's report, Third Party Logistics Market in China 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- CEVA Logistics
- China, China, and CMA CGM

Other prominent vendors
- Annto Logistics
- China Air Express
- China Deppon Logistics
- Collyer Logistics
- Deutsche Post DHL
- FedEx
- Jiangsu DTW International Transportation
- Kerry Logistics Network
- Logwin
- Menlo Worldwide Logistics
- Penske Logistics
- Schneider Logistics
- Sinotrans
- SF Express
- UPS
- Yusen Logistics

Market driver
- Inventory reduction and risk mitigation.
- For a full, detailed list, view our report

Market challenge
- High cost of operation and competitive pricing.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.