Third-party Logistics (3PL) Market is Expected Grow with Significant CAGR Over Forecast Period of 2019 to 2025
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  • Third-party Logistics (3PL) Market is Expected Grow with Significant CAGR Over Forecast Period of 2019 to 2025

     



    (Transportation-News.com, February 03, 2019 ) Third-party Logistics (3PL) Market Overview:
    Third-party logistics (3PL) in company’s supply chain management is a third-party business used by manufacturers to provide fulfilment services and distribute company’s products. These services consists of warehousing, integrated operations, and transportation services, which can be scaled according to the customer needs and market conditions. Logistics service providers are responsible for the delivery of goods from manufacturers to consumers.

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    Ongoing advancements in 3PL market due to innovative efforts have enhanced the efficiency of the supply chain. The competitive advantages of 3PL service over conventional logistics department has been described in the report. To understand the market, drivers, restraints, and opportunities are explained in the report. Furthermore, key strategies adopted by potential market leaders to facilitate the effective planning have been discussed under the scope of the report.

    The global 3PL market is segmented into mode of transport, service type, and region. Based on mode of transport, the market is classified into railways, roadways, waterways and airways. By service type, it is fragmented into dedicated contract carriage, domestic transportation management, international transportation management, warehousing & distribution, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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    Some of the key players operating in the 3 PL market include DHL, United Parcel Service, FedEx Corporation, Maersk Logistics, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Ltd., Union Pacific Corporation, and BNSF Railway Company.

    Key Benefits for Third-party Logistics (3PL) Market:
    This study comprises the analytical depiction of the global 3PL (market along with the current trends and future estimations to depict the imminent investment pockets.
    The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
    The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
    The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
    Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

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    Third-party Logistics (3PL) Key Market Segments:
    By Mode of Transport
    Railways
    Roadways
    Waterways
    Airways

    By Service Type
    Dedicated Contract Carriage (DCC)
    Domestic Transportation Management
    International Transportation Management
    Warehousing & Distribution
    Others

    By Region
    North America
    U.S.
    Canada
    Mexico
    Europe
    UK
    Germany
    France
    Russia
    Rest of Europe

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    Asia-Pacific
    China
    Japan
    India
    Australia
    Rest of Asia-Pacific
    LAMEA
    Latin America
    Middle East
    Africa

    Qurate Business Intelligence

    Nehal Chinoy

    +919881074592

    nehal@qurateresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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