Transparency Market Research Added A New Report "Logistics Market" And Its Full Database.
Albany, NY -- (SBWIRE) -- 07/07/2016 -- The report offers strategic analysis of the global and China logistics market. The Global Logistics Market has been segmented on the basis of transport infrastructure, applications and geography, whereas the China logistics market has been bifurcated on the basis of transport infrastructure and applications. Cross sectional analysis of the global logistics market across four major geographical segments have also been covered under the scope of the report.
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Increasing outsourcing trend for multi-national corporations throughout the value chain on a global scale is primarily driving the growth of the logistics market. Globalization and removal of trade barriers are also supporting the growth of the logistics market. Increasing outsourcing activities across the globe are making the supply chain longer and complex. Furthermore, the rapid growth in the internet retailing market is also fuelling the growth of the logistics market. The growing popularity of buying products online has increased the number of online delivery orders globally. Third party logistics can help an online retailer manage their logistics with best output. Another factor that is driving the growth of the logistics market is growing technological advancements in communication, transaction and new product development. Increasing adoption of advanced tracking systems such as bar code systems, GPS (Global Positioning System) and RFID (Radio Frequency Identification) by logistics service providers is fuelling the growth of the global logistics market. Considering these factors, the global logistics market is expected to rise during the forecast period from 2015-2021.
Developing nations such as India, Nigeria, South Africa, Indonesia, Brazil, Mexico and Turkey among others have huge potential for growth. Rise in trading activities between these emerging nations and with other developed nations is expected to spur the demand for logistics services. There is an increase in the flow of goods between Asia and South America, between Asia and Africa and within Asia. This opens up substantial opportunities for international logistics companies. However, poor infrastructure and lack of domestic warehousing and implication of regulations and protectionism to protect domestic industries are the major factors inhibiting the growth of this market. The logistics industry is currently facing many challenges due to factors such as poor infrastructure, lower wages and lower diversification. Moreover, regulation and protectionism to protect local industries is increasing in different countries such as Argentina, India, Brazil and Canada, which is prohibiting the growth of the logistics market globally.
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The competitive profiling of the major players in the market and their market share across the four geographic segments namely, North America, Europe, Asia Pacific and Rest of the World have been incorporated under the scope of the report. In addition, the distinct business strategies that have been adopted by the key players are covered under the purview of this report. To provide an insight into the market dynamics, the market attractiveness analysis and Porter's five force analysis has been included in the report.
Detailed analysis of the market dynamics, i.e., the market drivers, restraints and opportunities has been also included in the report. The market dynamics are the factors which impact the growth of the market and these factors help to understand the ongoing trends in the market. Thus, the report offers a comprehensive analysis of the global and China logistics market and also provides the forecast from 2015 to 2021.
Some of the Leading Players in the logistics market are DHL Express (U.S.), FedEx Corporation (U.S.), Orient Overseas Ltd (Hong Kong), TNT Express N.V. (Netherlands), Changan Minsheng APLL Logistics Co. Ltd. (Hong Kong), China Ocean Shipping Company (COSCO) (China), Jiangsu Aucksun Co. Ltd. (China), Shenzhen Feima International Supply Chain Co. Ltd. (China), Sinotrans Limited (China), United Parcel Service, Inc. (U.S.) and Kuehne-Nagel, Inc (Switzerland).among others.
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