Business

Third Party Logistics Market : Latest Trend In Global Industry 2019-2025

ResearchMoz presents professional and in-depth study of “Global Third Party Logistics Market Size, Status and Forecast 2019-2025”.

Third-party logistics (3PL) is a business arrangement in which companies outsource their logistics operations to a specialized service provider that offers customized on-demand transportation, warehousing, distribution, and freight and forwarding services.
Increasing advancements in e-commerce across the retail sector is expected to drive the growth prospects for the global 3PL market in the forthcoming years.

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Some of the major factors responsible for the expansion of the e-commerce sector includes the increased adoption of the Internet and mobile services. Also, it has been observed that elements such as efficient inventory management and quick delivery are important for the operational success of this sector. As a result, the demand for efficient delivery systems, inventory management, small package deliveries, individualized shipping time, and freight forwarding are increasing, driving the third-party logistics market size.
APAC accounts for the maximum market share in 2017 and is estimated to continue to dominate the market for the next few years. Some of the major factors responsible for the markets growth in the region is the increasing outsourcing of logistics services and an increase in imports and exports across key countries. Also, the strong demand for 3PL services in APAC is due to factors like economic growth and globalization that requires manufacturers to import and export raw materials and finished goods on a global level.
In 2018, the global Third Party Logistics market size was 67700 million US$ and it is expected to reach 106300 million US$ by the end of 2025, with a CAGR of 5.8% during 2019-2025.

This report focuses on the global Third Party Logistics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Third Party Logistics development in United States, Europe and China.

The key players covered in this study
AmeriCold Logistics
DHL Supply Chain
FedEx
Nippon Express
UPS Supply Chain Solutions

Market segment by Type, the product can be split into
DCC
DTM
ITM
Logistics Software

Market segment by Application, split into
Manufacturing
Consumer Goods
Retail
Automotive
Food and Beverage
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Third Party Logistics status, future forecast, growth opportunity, key market and key players.
To present the Third Party Logistics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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In this study, the years considered to estimate the market size of Third Party Logistics are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

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