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Third Party Logistics (3PL) Market

Third Party Logistics (3PL) Market by Transport (Roadways, Railways, Airways, Waterways) and Service (Dedicated Contract Carriage, Domestic Transportation Management, International Transportation Management, Warehousing and Distribution, IT services and Logistics Software) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022 Get the PDF copy of 3PL Market study: https://goo.gl/j2iuYG


Third Party Logistics (3PL) Market

Current and future Market Scenario • Global Third Party Logistics (3PL) market is estimated to reach $1,109,775 million, states Allied Market Research. • 3PL market will grow at a prominent CAGR of 5.16 % from 2016 to 2022. •

IT services and logistics software is expected to register a substantial growth with CAGR of 5.72% from 2016 to 2022.

• Major volume of goods transported across the world is done through roadways and waterways which constitutes for close to two-thirds of the global3PL market


Third Party Logistics (3PL) Market

Factors Contributing to Market Growth • Advanced IT solutions like EDI (Electronic Data Interchange), VMI (Vendor Managed Inventory) are enhancing the growth of 3PL market. • Other factors that contribute to market growth are: • Increase in trading activities due to globalization • Manufacturers and retailers focus on core competencies is increasing • Increase in the e-commerce industry and reverse logistics operations


Third Party Logistics (3PL) Market

Market Segments

Mode Of Transport

Service Type

Roadways

Dedicated Contract Carriage (DCC)

Railways

Domestic Transportation Management International Transportation Management

Airways Waterways

Warehousing and Distribution IT services and Logistics Software


Third Party Logistics (3PL) Market

Dominating Segments • The global 3PL market is occupied by dedicated contract carriage and domestic transportation management to two-third of the service type segments. • Increase in free trade agreements between the countries is evolving the market of 3PL companies. • Growth in the trade activities around the globe and increase in the e-commerce industry has increased the demand of the 3PL companies


Third Party Logistics (3PL) Market

Region Overview • Geographically, Third Party Logistics (3PL) Market is segmented across North America, Europe, Asia-Pacific, and LAMEA. • Asia Pacific is expected to be the largest as well as fastest growing geography at a CAGR of 6.67% • More than half of the 3PL market in Asia pacific was occupied by China in 2014. • India is anticipated to grow at the highest CAGR of 8.13% during 2016 to 2022.


Third Party Logistics (3PL) Market

Leading Players

• The leading players in the Third Party Logistics (3PL) Market have adopted key strategies such as collaborations, agreement and acquisition to expand their market presence. • DHL, United Parcel Service, FedEx Corporation, Damco, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Ltd., Union Pacific Corporation and BNSF Railway Company are the key players in this industry.


A report titled “Third Party Logistics (3PL) Market - Opportunities and Forecasts, 2014 – 2022” has been recently published by Allied Market Research. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective.

To know more about the Third Party Logistics (3PL) Market - Opportunities and Forecasts, 2014 – 2022 report:

https://www.alliedmarketresearch.com/3PL-market Get the PDF copy of 3PL Market study: https://goo.gl/j2iuYG

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3PL Market is Witnessing Massive Growth in 2018  

Get the PDF copy of 3PL Market study: https://goo.gl/qPEzKh 3PL Market (Third Party Logistics Market) Report, published by Allied Market Re...

3PL Market is Witnessing Massive Growth in 2018  

Get the PDF copy of 3PL Market study: https://goo.gl/qPEzKh 3PL Market (Third Party Logistics Market) Report, published by Allied Market Re...

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