Third party logistics market size is valued at USD 8,30,213.10 million by 2020 expected to grow at a compound annual growth rate of 8.30% in the forecast period of 2021 to 2028. Data Bridge Market Research report on third party logistics provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
An international THIRD PARTY LOGISTICS MARKET analysis report provides market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. The report is a precious resource which provides current as well as upcoming technical and financial details of the ICT industry to 2028. It studies a choice of parameters throughout the report which analyses the market status in detail. This marketing report covers all the market shares and approaches of the major competitors or the key players in the market. Thus, Third Party Logistics business report is an ultimate solution for businesses if they want to stay ahead of the competition in today's fast moving business environment.
Businesses have started adopting a market research report solution for sound decision making and superior management of goods and services. To get detailed market insights and to have market place clearly into the focus, Third Party Logistics business report has to be there in the picture. This market document is mainly delivered to the users in the form of PDF or spreadsheet. However, PPT format can also be offered depending on the client’s requirement. Each of the topics covered in the report is studied very well to get clear idea about all the factors that are influencing the market growth. The competitive landscape part of the first class Third Party Logistics report gives a clear insight into the market share analysis of key industry players.
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Market Analysis and Insights: Global Third Party Logistics Market
Third-party logistics services lend a hand to the organizations to focus on their core business and make high revenue by dropping operating costs. These services also present value addition to companies for the complete process of the supply chain, leading to the well-organized and efficient supply chain.
The shippers are focusing on outsourcing the logistics activity to improve their operations and cost-effectiveness and are one of the key factors fueling the growth of the third party logistics market. In line with this, the increased working capital and globalization lead to the demand for proficient inventory management services which will also contribute to the growth of the target market. Also the rapid rise in globalization has helped in setting up a worldwide network of manufacturing activities and is also flourishing the growth of the third-party logistics market. The restructuring of the brick and mortar business models is also favoring the high adoption rates of third-party logistics market. Such factors are broadly supposed to hasten the growth of the third-party logistics market over the forecast period of 2021 to 2028. Moreover, the increasing number of manufacturing firms, improving economic conditions and internet penetration are also providing a boost to the market growth.
Global Third-party Logistics Market Scope and Market Size
- On the basis of the service type, the third-party logistics market is segmented into dedicated contract carriage (DCC)/ freight forwarding, domestic transportation management (DTM), international transportation management (ITM), warehousing and distribution (W&D) and value-added logistics services (VALS).
- Based on transport, the third-party logistics market is segmented intoroadways, railways, waterways and airways.
- The end users segment of the third-party logistics market is segmented intomanufacturing, retail, healthcare, automotive and others.
Third-Party Logistics Market Country Level Analysis
The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Third-Party Logistics Market Share Analysis
Third-party logistics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to third-party logistics market.
Major Technological Giants
The major players covered in the third-party logistics market report are BDP International, Burris Logistics, GEODIS, C.H. Robinson Worldwide, Inc., CEVA Logistics, NYK Line, Hub Group, Inc., GOGOX, DSV, SINOTRANS LIMITED, DB Schenker, FedEx, United Parcel Service of America, Inc., Deutsche Post AG, J.B. Hunt Transport, Inc., Nippon Express Co., Ltd., Maersk Logistics, XPO Logistics, Inc, Kuehne + Nagel, and YUSEN LOGISTICS CO. LTD among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: third-party logistics market
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