Third-Party Logistics Global Market Report Top Companies and Crucial Challenges

iCrowd Newswire
15 Sep 2020, 02:44 GMT+10

The global Third-Party Logistics market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.

The global third-party logistics market is expected to be $880 billion by 2025. North America holds the largest market share with the U.S. taking the lead in driving the growth of the market in the region. Tight trucking capacity across the U.S. is causing shippers to turn to dedicated contract transportation services. Moreover, the growing demand for cold storage in the region is expected to boost the third-party logistics market. Asia Pacific is expected to grow at the highest CAGR during the forecast period. Growing cross-regional trade corridors and portals are expected to create immense opportunities for 3PL providers. The concentration of the manufacturing and sourcing industry in China has led to strategic shifts in the technology, pharmaceutical, and automotive industries in other countries. This shift is expected to drive market growth in countries including India, South Korea, Japan and Vietnam.

3PLs are external suppliers that provide all or part of the logistics services for the company. 3PL suppliers provide logistics services that generally include transportation, warehouse management, distribution, etc. 3PL suppliers are not the production side, nor the sales side, but the third party that provides services in the whole logistics process from production to sales. In this process the 3PL supplier is neither a producer nor a seller, but a third party that performs services in the entire logistics process from production to sales, it generally does not own the goods, but only provides logistics services such as warehousing and distribution for its customers.

Growing development of logistics infrastructure and increasing focus on transport practices in emerging countries is expected to drive market growth. Continued growth in global economic activities and growth in e-commerce sector has led to increase in demand for international transportation management services. Trade liberalization policies and cross-border logistics activities have increased international trade, thereby driving the growth of the market segments. Increasing working capital and globalization has led to the need for efficient inventory management services. Moreover, restructuring of physical business models continues to provide dynamic growth to the industry.

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Leading Company for Driving Market Growth

The global Third-Party Logistics market growth is also reliant on the development of active players in the industry, which are:

C.H. Robinson Worldwide (CHRW) Inc.

J.B. Hunt Transport Services, Inc.

Burris Logistics

UPS Supply Chain Solutions, Inc.

DB Schenker Logistics

BDP International

Kuehne + Nagel International AG

CEVA Logistics

XPO Logistics, Inc

Yusen Logistics Co. Ltd. (Nippon Yusen)

DSV Panalpina A/S

Nippon Express Co., Ltd.

FedEx Corporation

Market Segments by Application:

Manufacturing

Consumer Goods

Retail

Automotive

Food and Beverage

Other

Global Third-Party Logistics market: Type segments

B2B

B2C

C2C

Table of Content

1 Report Overview

1.1 Product Definition and Scope

1.2 PEST (Political, Economic, Social and Technological) Analysis of Third-Party Logistics Market

...

2 Market Trends and Competitive Landscape

3 Segmentation of Third-Party Logistics Market by Types

4 Segmentation of Third-Party Logistics Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Third-Party Logistics Market in Major Countries

7 North America Third-Party Logistics Landscape Analysis

8 Europe Third-Party Logistics Landscape Analysis

9 Asia Pacific Third-Party Logistics Landscape Analysis

10 Latin America, Middle East & Africa Third-Party Logistics Landscape Analysis

11 Major Players Profile

...

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Overall Regions Outlook

North America (U.S., Canada, Mexico)

Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe)

Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)

Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries)

Others

?Target Audience:

Third-Party Logistics manufacturers

Distributors and resellers of Third-Party Logistics

Third-Party Logistics industry associations

Product managers, Third-Party Logistics industry administrator, C-level executives of the industries

Market research and consulting firms

Small and Medium-sized Enterprises (SMEs)

Third-Party Logistics potential investors

Third-Party Logistics key stakeholders

Third-Party Logistics end-user sectors

Research and Development (R&D) companies

Key questions answered in the report

What will the market size and growth rate be in 2026?

What segment or region will drive or lead market growth and what are the reasons?

How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?

What key strategies are used by top vendors to increase revenue?

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