Press release
Market Demand : 3PL Market in Europe Grow at a CAGR of 2.87% by 2019
ALBANY, NY, May 9, 2017 : 3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics such as transportation, warehousing, and freight and forwarding. A service provider that provides these services is called a 3PL provider. Often, 3PL providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. They also provide strategic and operational value to many shippers worldwide. 3PL uses new and innovative SCM to enhance efficiency.Technavio's analysts forecast the 3PL market in Europe to grow at a CAGR of 2.87% over the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the 3PL market in Europe for the period 2015-2019. To calculate the market size, this report covers revenue generated by 3PL providers. The report also presents the vendor landscape and a corresponding detailed analysis of the top 11 vendors in the European 3PL market. To provide a ranking of the leading vendors in the market, the report considers the revenue generated by the vendors of 3PL services. In addition, it discusses the major drivers that influence the growth of the market. It also summaries the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.
Technavio's report, 3PL Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also summaries the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.
The 3PL market in Europe is segmented on the basis of revenue generated from different European countries such as:
France
Germany
Italy
Spain
UK
Key Vendors
C.H. Robinson Worldwide
CEVA Logistics
DB Schenker Logistics
Deutsche Post DHL
Expeditors International of Washington (Expeditors)
J.B. Hunt Transport
Kuehne + Nagel International
SNCF GEODIS
TNT Express
United Parcel Service (UPS)
UTi Worldwide
Other Prominent Vendors
ACP Freight Services
Agility
Alkomtrans
APL Logistics
AWT Group
Baltic Rail
BDP International
BLS
Bulk Logistics Solutions
Czech Logistics Alliance
Dachser
Damco
DAN-CZECH
DEIJ Transport
DSV
FedEx Supply Chain
FERCAM
FM Logistic
Gondrand
H.P. Therkelsen
Hansa-express Logistics
Hub Group
Huktra
IMPERIAL Logistics International
Ital Logistics
Jawimex Logistics
John G Russell Transport
Jordon Freight
Karakus International Transportation
KLG Europe
LCL International
LKW WALTER International
LogServ
Mainfreight
Menlo Worldwide Logistics
Market Driver
Growing complexity of in-house logistic operations
For a full, detailed list, view our report
Market Challenge
High operational costs and competitive pricing
For a full, detailed list, view our report
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Market Trend
Increase in M&A
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 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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