Albany, NY -- (SBWIRE) -- 07/25/2017 -- Logistics involves planning and implementation of complete supply chain functions of a production. Supply chain functions include transportation, warehousing, inventory management, and other related logistics functions. Many manufacturers outsource the entire logistics functions to logistics players (3PL or 4PL) to reduce the cost and concentrate on the core business for enhanced customer satisfaction.
The logistics market in APAC to grow at a CAGR of 7.33% during the period 2017-2021. The report covers the present scenario and the growth prospects of the logistics market in APAC for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of logistics services in various industries such as manufacturing, automobile, food and beverage, and other industries.
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Technavio's report, Logistics Market in APAC 2017-2021, 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.
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Key vendors
- C.H. Robinson
- DB Schenker
- Deutsche Post DHL Group
- Kuehne + Nagel
Other prominent vendors
- Agility
- Allcargo Logistics
- CEVA Logistics
- Gati
- Hitachi Transport System
- HYUNDAI GLOVIS
- Mitsubishi Logistics
- Nippon Express
- SANKYU
- UPS
- Wincanton
Market driver
- Growth in trade between India and China
- For a full, detailed list, view our report
Market challenge
- Lagging road infrastructure increases the transportation cost
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 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?
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