Researchmoz added Most up-to-date research on "At 5.2% CAGR, Global Third-Party Logistics (3PL) Market Size is Expected to Exhibit 92945 Million by 2025" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 05/15/2019 -- Third-Party Logistics (3PL) Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Third-Party Logistics (3PL) industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Third-Party Logistics (3PL) market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.
Third-party logistics providers typically specialize in integrated operation,warehousingandtransportationservices which can be scaled and customized to customers' needs based on market conditions, such as the demands and delivery service requirements for their products and materials.
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Often, these services go beyond logistics and include value-added services related to the production or procurement of goods, i.e., services that integrate parts of the supply chain. When this integration occurs, the provider is then called a third-party supply chain management provider (3PSCM) or supply chain management service provider (SCMSP). 3PL targets particular functions within supply management, such as warehousing, transportation, or raw material provision.
The third-party logistics market is expected to progress as service providers are moving towards the use of automated freight payment and audit services to reduce costs. These providers are gaining competitive advantages by reducing capital expenditure (CAPEX), mitigating risks, managing inventory, and focusing on the core competencies of their business operations. The emergence of Big Data and availability of industry-specific logistics services are expected to be the key driving factors boosting the industry growth.
Lack of necessary internal control has resulted in the increase in outsourcing of these services by the middle market companies (including wholesalers and retailers) to overcome the logistic challenges. The manufacturers and end-use industries in the emerging countries lack the internal control required for addressing logistics challenges. This has provided an impetus to the 3PL industry growth.
Additionally, the key vendors are adopting cloud-based Customer Relationship Management (CRM) solutions to enhance the shipper-vendor relationship and reduce the supply chain complexities by providing increased visibility in the process. However, the economic downturn is dampening the interest of 3PL providers in making capital investments.
This report focuses on the global Third-Party Logistics (3PL) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Third-Party Logistics (3PL) development in United States, Europe and China.
The key players covered in this study
C. H. Robinson (USA)
CEVA Logistics (Netherlands)
Damco (Netherlands)
DBSchenker (Germany)
DHL (Germany)
DSV A/S (Denmark)
Expeditors International ofWashington (USA)
FedEx (USA)
GEODIS (France)
J.B. Hunt Transport Services (USA)
Kerry Logistics Network (Hong Kong)
Kintetsu World Express (Japan)
Kuehne + Nagel (Switzerland)
Nippon Express (Japan)
NYK Line (Japan)
Panalpina World Transport (Holding) (Switzerland)
Market segment by Type, the product can be split into
Roadways
Railways
Airways
Waterways
Market segment by Application, split into
Manufacturing
Retail
Healthcare
Automotive
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives are:
To analyze global Third-Party Logistics (3PL) status, future forecast, growth opportunity, key market and key players.
To present the Third-Party Logistics (3PL) 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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