Rising demand for reducing the shipping costs accompanied with the focus on managing timely delivery of goods is anticipated to fuel the 3PL market over the forecast timeline. It helps in reducing the capital costs and enabling businesses to focus on their core competencies. 3PL services are not only restricted toward logistics, but also include value-addition services for the entire process from procurement to distribution to consumers, thereby establishing an efficient and effective supply chain. In addition, advanced IT solutions, such as Electronic Data Interchange(EDI) and Vendor Managed Inventory (VMI), offers visibility to inbound and outbound logistics operations and contributes to the growth of the 3PL market.
In 2018, the global Third Party Logistics (3PL) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Third Party Logistics (3PL) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Third Party Logistics (3PL) development in United States, Europe and China.
The key players covered in this study
AmeriCold Logistics LLC
DHL Supply Chain
Nippon Express Co., Ltd
UPS Supply Chain Solutions
Market segment by Type, the product can be split into
Market segment by Application, split into
Rail & Road
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Third Party Logistics (3PL) status, future forecast, growth opportunity, key market and key players.
To present the Third Party Logistics (3PL) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Third Party Logistics (3PL) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.