Third Party Logistics (3PL) Market By Service (Domestic Transportation Management (DTM), Warehousing & distribution, Dedicated Contract Carriage (DCC), International Transportation Management (ITM), Value-added logistics services) Transport (Railways, Airways, Roadways, Waterways) End-User (Retail, Automotive, Manufacturing, Healthcare, Others) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Third Party Logistics (3PL) Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. The third party logistics market is anticipated to advance as specialist organizations are moving towards the utilization of mechanized cargo installment and review administrations to diminish costs. These suppliers are increasing upper hands by diminishing capital use (CAPEX), relieving dangers, managing inventory, and concentrating on the center capabilities of their business activities. The development of Big Data and accessibility of industry-explicit coordination administrations are relied upon to be the key driving components boosting the business development.
Based on service the Domestic Transportation Management (DTM) section accounted for a major market share of in 2015. Based on transport the 3PL market via roadways was the dominant section of the market. By end user the manufacturing section commanded the market owing to large scale production.
The Market in North America is foreseen to encounter substantial development, due to the rising demand for logistics software.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
C.H. Robinson Worldwide (CHRW) Inc
DB SCHENKER Logistics
Expeditors International of Washington, Inc
J.B. Hunt Transport Services, Inc
Landstar System, Inc
Panalpina World Transport Ltd
Schneider National, Inc
UPS Supply Chain Solutions, Inc
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?