Third Party Logistics Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2026
The Third Party Logistics Market report add detailed competitive landscape of the global market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Global Third
(EMAILWIRE.COM, September 26, 2018 ) The global third party logistics market generated $795 billion in 2017 and is anticipated to grow at a CAGR of 5.3% during the forecast period.
Third Party logistics or 3PL is expected to replace the traditional ways in which companies handle their supply chain and logistics operations. It is the process of outsourcing majority or almost all of the supply chain and logistics operations to an independent company. This enables the manufacturers and retailers to focus on their core business and its competencies by subcontracting the skills they lack. The services offered by 3PL include dedicated contract carriage, domestic transportation management, international transportation management, warehousing distribution and other services.
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Increased globalization has propelled a strong connectivity of manufacturing and retail activities, which has greatly influenced the third-party logistics market growth. The increase in manufacturing productivity has increased the demand for supply chain, supporting the growth of the third-party logistics market. The reliability and cost effectiveness of services offered by 3PL has encouraged businesses to invest in it to increase their overall productivity. However, since there is no control of logistics with the manufacturers and retailers, a risk of loss of reputation hinders the market growth to a certain extent. The implementation of multi-channel logistics network to reduce the total time and cost, along with integration of IT software and services is expected to offer growth opportunities during the forecast period.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global third party logistics market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Asia-Pacific generated the highest revenue in the market in 2017 owing to increasing demand from automotive and manufacturing sectors. The emerging economies of China, Japan, India, and South Korea along with increasing trend of e-commerce impacts the market growth.
Make Inquiry about this report @ https://www.polarismarketresearch.com/industry-analysis/Third-Party-Logistics-Market/inquire-before-buying
Competitive Landscape and Key Vendors
The global third party logistics market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The key players operating the third party logistics market include FedEx Corporation, Union Pacific Corporation, Kuehne+Nagel Inc., BNSF Railway Company, AmeriCold Logistics, LLC, Landstar System, Inc., Ryder System, Inc., Burris Logistics, DB SCHENKER Logistics, and CEVA Logistics.
Key Segments
Service
• Dedicated Contract Carriage
• Domestic Transportation Management
• International Transportation Management
• Warehousing and Distribution
• Others
Mode of Transportation
• Roadways
• Railways
• Waterways
• Airways
End-User
• Retail
• Manufacturing
• Healthcare
• Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
Middle East and Africa.
Complete Report is Available at @ https://www.polarismarketresearch.com/industry-analysis/Third-Party-Logistics-Market/
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Third Party logistics or 3PL is expected to replace the traditional ways in which companies handle their supply chain and logistics operations. It is the process of outsourcing majority or almost all of the supply chain and logistics operations to an independent company. This enables the manufacturers and retailers to focus on their core business and its competencies by subcontracting the skills they lack. The services offered by 3PL include dedicated contract carriage, domestic transportation management, international transportation management, warehousing distribution and other services.
Request sample copy of this report @ https://www.polarismarketresearch.com/industry-analysis/Third-Party-Logistics-Market/request-for-free-sample
Increased globalization has propelled a strong connectivity of manufacturing and retail activities, which has greatly influenced the third-party logistics market growth. The increase in manufacturing productivity has increased the demand for supply chain, supporting the growth of the third-party logistics market. The reliability and cost effectiveness of services offered by 3PL has encouraged businesses to invest in it to increase their overall productivity. However, since there is no control of logistics with the manufacturers and retailers, a risk of loss of reputation hinders the market growth to a certain extent. The implementation of multi-channel logistics network to reduce the total time and cost, along with integration of IT software and services is expected to offer growth opportunities during the forecast period.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global third party logistics market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Asia-Pacific generated the highest revenue in the market in 2017 owing to increasing demand from automotive and manufacturing sectors. The emerging economies of China, Japan, India, and South Korea along with increasing trend of e-commerce impacts the market growth.
Make Inquiry about this report @ https://www.polarismarketresearch.com/industry-analysis/Third-Party-Logistics-Market/inquire-before-buying
Competitive Landscape and Key Vendors
The global third party logistics market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The key players operating the third party logistics market include FedEx Corporation, Union Pacific Corporation, Kuehne+Nagel Inc., BNSF Railway Company, AmeriCold Logistics, LLC, Landstar System, Inc., Ryder System, Inc., Burris Logistics, DB SCHENKER Logistics, and CEVA Logistics.
Key Segments
Service
• Dedicated Contract Carriage
• Domestic Transportation Management
• International Transportation Management
• Warehousing and Distribution
• Others
Mode of Transportation
• Roadways
• Railways
• Waterways
• Airways
End-User
• Retail
• Manufacturing
• Healthcare
• Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
Middle East and Africa.
Complete Report is Available at @ https://www.polarismarketresearch.com/industry-analysis/Third-Party-Logistics-Market/
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Contact Information:
Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
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Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results