Albany, NY -- (SBWire) -- 08/15/2017 --The term 3PL refers to third-party logistics that essentially involves a vendor catering to the logistics and distribution management of outsourced products and services of different companies. Shippers (customers, who transport goods using 3PL services) outsource some or all the supply chain management (SCM) functions of their logistics services to the 3PL provider. The 3PL provider is responsible for handling customer logistics requirements while performing different functions like transportation, location tracking, and sometimes product-consolidation activities.

The third-party logistics market in Japan to grow at a CAGR of 3.53% during the period 2017-2021. The report covers the present scenario and the growth prospects of the third-party logistics market in Japan for 2017-2021. To calculate the market size, the report considers the 3PL services provided by the vendors in Japan.

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Technavio's report, Third-Party Logistics Market in Japan 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
- Global Logistic Properties (GLP)
- Kintetsu World Express (KWE)
- Sagawa Express
- Yamato
- Hitachi Transport System

Other prominent vendors
- Alps Logistics
- JFE Logistics
- Mitsui-Soko
- Nichirei Logistics
- NIPPON EXPRESS
- Sakata Warehouse
- Sankyu
- Toll Holdings

Market driver
- Affordable prices through 3PL services
- For a full, detailed list, view our report

Market challenge
- Lack of innovation in logistics facilities
- For a full, detailed list, view our report

Market trend
- Technological advances by 3PL providers in Japan
- 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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