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, warehousing, and freight and forwarding. A logistics service provider that provides these services is called a 3PL provider. Often, 3PL providers go beyond logistics and provide value-added services like inventory management, cross-docking, door-to-door delivery, and packaging of products. They also provide strategic and operational value to many shippers worldwide. This logistics improves effectiveness by introducing new and innovative SCM.
Pune, Maharashtra -- (SBWIRE) -- 01/18/2017 -- The Global 3PL Market to GROW at a CAGR of 5.52% during the period 2016-2020.
3PL Market is expected to witness growth at good pace owing to its use in today's competitive environment. Moreover, the demand is expected to rise due to increase in the focus of manufacturer and retailers on their core business (known as core competencies) and subcontracting activities, such as logistics where they have less expertise. Thus, the increase in the competition has diverted the focus of manufacturer to promote respective specializations in production and distribution.
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The Report segments the 3PL market on the basis of mode of transport, service type and geography. On the basis of mode of transport, the market is segmented into roadways, railways, airways and waterways. On the basis of service type, the market is segmented into dedicated contract carriage (DCC), domestic transportation management, International transportation management, warehousing and distribution, others (IT services and logistics software). Geographical breakdown is done as North America (U.S., Mexico and Canada), Europe (U.K., France, Germany, Italy and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia and Rest of Asia-Pacific) and LAMEA (Latin America, Middle East and Africa)
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- C.H. Robinson
- CEVA Holdings
- DB Schenker
- Deutsche Post DHL
- Kuehne + Nagel
- Nippon Express
Other Prominent Vendors
- XPO Logistics
- UPS Supply Chain Solutions
- SDV International logistics
- Expeditors International of Washington
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Key Benefits of 3PL Market Study:
- Comprehensive analysis of the current and the future trends in the global 3PL market have been provided in this report
- Geographically the global market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA
- In depth analysis has been done in this report by constructing market estimations for the key market segments from2014-2022
- This report provides the quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities
Key questions answered in 3PL Market report:
- What will the 3PL Market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving 3PL Market?
- What are the challenges to 3PL Market growth?
- Who are the key vendors in 3PL 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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List of Exhibits in 3PL Market report:
- Exhibit 01: Product offerings
- Exhibit 02: Impact of drivers
- Exhibit 03: Impact of drivers and challenges
- Exhibit 04: Key countries in each region
- Exhibit 05: Global 3PL Market shares by geographies 2015
- Exhibit 06: Global 3PL Market shares by geographies 2020
- Exhibit 07: Geographical segmentation by revenue 2015
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