Albany, NY -- (SBWIRE) -- 03/02/2016 -- ResearchMoz added Latest Research Report titled "3PL Market in the US 2016-2020 - Worldwide Industry Analysis, Size, Share, Growth, Trends and Forecast" to it's Large Report database.
3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics functions such as transportation and warehousing. 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 across the globe. There are currently new and innovative supply chain management techniques to improve overall service quality in the 3PL market. The 3PL market in the US to grow at a CAGR of 3.29% during the period 2016-2020.
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The report covers the present scenario and the growth prospects of the 3PL market in the US for 2016-2020. To calculate the market size, the report considers net revenue generated by 3PL service providers.
The market is divided into the following segments based on service area:
- Domestic transportation management (DTM)
- International transportation management (ITM)
- Dedicated contract carriage (DCC)
- Verified accredited wholesale distributors (AWD)
Technavio's report, 3PL Market in the US 2016-2020, 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.
Key vendors:
- C.H. Robinson
- Deutsche Post DHL
- Expeditors
- J B Hunt
- Kuehne + Nagel
- UPS
- UTi Worldwide
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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?
Related Reports:
Global IT Spending by 3PL Market 2015-2019
(http://www.researchmoz.us/global-it-spending-by-3pl-market-2015-2019-report.html)
The 3PL market is growing, especially in emerging countries, as it involves cheap labor, improved infrastructure, and loosening of barriers to trade. In Asia, China remains one of the largest markets for 3PL. However, it is gradually moving toward maturity. The logistics comprises various risks and obstacles, which include cumbersome clearance processes, lack of transport infrastructure, and inefficiencies in logistic processes.
3PL markets are still recovering from the 2008 recession and Eurozone crisis, which is leading to sluggish demand for logistic services in Europe. With the GDP in countries with mature markets hovering around only 1-3%, supply outstrips demand and businesses have become cautious about investing in technology. The global IT spending by 3PL market is expected to grow at a CAGR of 12.5% during the forecast period.
3PL Market in India 2015-2019
(http://www.researchmoz.us/3pl-market-in-india-2015-2019-report.html)
The 3PL market in India to grow at a CAGR of 8.43% during 2014-2019. This report covers the present scenario and the growth prospects of the 3PL market in India for the period 2015-2019. To calculate the market size, we consider revenue generated by 3PL service providers. We also present the vendor landscape and a corresponding detailed analysis of the top six vendors in the Indian 3PL market.
The Technavio report, 3PL Market in India 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. It summaries the major drivers influencing the market and the challenges facing by the vendors and the market as a whole. It evaluates the key trends emerging in the market as well.
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