The Global Third-party logistics market is spurring the market growth in the wake of making safely and timely delivering of goods
The global third-party logistics market has the potential to grow with USD 1785.24 billion with bolstering CAGR in the forecast period from 2020-2027. The integration model of the third-party logistics information platform ushered in a great opportunity for development. Also, emerging globalization, industrialization, and the prevalence of the internet are propelling the demand for the 3PL market.
The essence of logistics services is to create a third profit source by reducing logistics costs. The service objects of third-party logistics are numerous enterprises and goods. The third-party logistics service providers gather many scattered products, process a large amount of logistics information through the information technology system, coordinate and optimize the distribution route, and effectively reduce the vehicle empty load rate.
Third-party logistics has the characteristics of contractualization, and it regulates the relationship between logistics operators and logistics consumers through the form of contracts. The demand for third-party logistics includes not only the traditional logistics essential functions such as warehousing and transportation but also for various value-added services. The need for 3PL can help maintain the balance between supply and demand of 3PL and improve the efficiency and benefit of social logistics activities.
Services overview in the Global Third-Party Logistics Market
Based on the services, the global third-party logistics market classified into Dedicated Contract Carriage (DCC)/Freight forwarding, Domestic Transportation Management (DTM), International Transportation Management (ITM), Warehousing & Distribution (W&D), Value Added Logistics Services (VALs). The domestic transportation management segment has captured the highest market value in the global third-party logistics market in the forecast period from 2020-2027. It mainly owes to reduce the cost and advancement of traditional logistics model co-existence. Also, emerging high-end logistics needs and urging demand for third-party logistics is improving the market demand for the global 3PL market.
Transportation overview in the Global Third-Party Logistics Market
Based on the transportation, the global third-party logistics market segmented into Roadways, Railways, Waterways. The roadways segment is dominating the market demand for the global third-party logistics market. The rising development of infrastructure and increasing construction of highways and strengthening approaches for modern logistics are driving the market demand for third-party logistics. Moreover, the government spending lots of capital in development roads, and other transportation means are also propelling the market demand for the global third-party logistics market.
End-Use overview in the Global Third-Party Logistics Market
Based on the end-use, the global third-party logistics market categorized into Manufacturing, Retail, Healthcare, Automotive, Others. The retail sector is capturing the largest share in the global third-party logistics market and will continue to bolster its market demand in the forecast period from 2020-2027. It is mainly owing to the changing customer needs and requirements of the customer; retailers are adopting a new logistics approach to provide better services. Therefore, the adoption of a data-driven solution helps in designing new strategies for the distribution of goods and reducing costs and helps in making fast deliveries.
Region Overview in the Global Third-Party Logistics Market
Based on geography, the global third-party logistics market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific expected to hold the largest share of the global stucco market. It is mainly owing to emerging industrialization, globalization, and ushering investing in construction roads and other transportation that have fueled the market demand for the global third-party logistics market.
Global Third-Party Logistics Market: Competitive Landscape
Companies in the global third-party logistics market include C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad, United Parcel Service and others.
Global Third-Party Logistics Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Competitors & Product Analysis 4.3. Regulatory Framework 4.4. Company market share analysis, 2019 4.5. Porter's Five forces analysis 4.6. New Investment Analysis 4.7. PESTEL Analysis 5. Global Third-Party Logistics Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Service 5.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding 5.2.1.2. Domestic Transportation Management (DTM) 5.2.1.3. International Transportation Management (ITM) 5.2.1.4. Warehousing & Distribution (W&D) 5.2.1.5. Value Added Logistics Services (VALs) 5.2.2. By Transport 5.2.2.1. Roadways 5.2.2.2. Railways 5.2.2.3. Waterways 5.2.2.4. Airways 5.2.3. By End-use 5.2.3.1. Manufacturing 5.2.3.2. Retail 5.2.3.3. Healthcare 5.2.3.4. Automotive 5.2.3.5. Others 5.2.4. By Region 5.2.4.1. Europe 5.2.4.2. North America 5.2.4.3. Asia Pacific 5.2.4.4. South America 5.2.4.5. Middle East & Africa 6. Europe Third-Party Logistics Market Overview 6.1. Europe Third-Party Logistics Market Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. Europe Third-Party Logistics Market Share & Forecast, 2016-2027 6.2.1. By Service 6.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding 6.2.1.2. Domestic Transportation Management (DTM) 6.2.1.3. International Transportation Management (ITM) 6.2.1.4. Warehousing & Distribution (W&D) 6.2.1.5. Value Added Logistics Services (VALs) 6.2.2. By Transport 6.2.2.1. Roadways 6.2.2.2. Railways 6.2.2.3. Waterways 6.2.2.4. Airways 6.2.3. By End-use 6.2.3.1. Manufacturing 6.2.3.2. Retail 6.2.3.3. Healthcare 6.2.3.4. Automotive 6.2.3.5. Others 6.2.4. By Country 6.2.4.1. Germany 6.2.4.2. UK 6.2.4.3. France 6.2.4.4. Italy 6.2.4.5. Rest of Europe 6.2.5. Company Market Share (Top 3-5) 6.2.6. Economic Impact Study on Europe Third-Party Logistics Market 7. North America Third-Party Logistics Market Overview 7.1. North America Third-Party Logistics Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. North America Third-Party Logistics Market Share & Forecast, 2016-2027 7.2.1. By Service 7.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding 7.2.1.2. Domestic Transportation Management (DTM) 7.2.1.3. International Transportation Management (ITM) 7.2.1.4. Warehousing & Distribution (W&D) 7.2.1.5. Value Added Logistics Services (VALs) 7.2.2. By Transport 7.2.2.1. Roadways 7.2.2.2. Railways 7.2.2.3. Waterways 7.2.2.4. Airways 7.2.3. By End-use 7.2.3.1. Manufacturing 7.2.3.2. Retail 7.2.3.3. Healthcare 7.2.3.4. Automotive 7.2.3.5. Others 7.2.4. By Country 7.2.4.1. US 7.2.4.2. Canada 7.2.4.3. Mexico 7.2.5. Company Market Share (Top 3-5) 7.2.6. Economic Impact Study on North America Third-Party Logistics Market 8. Asia Pacific Third-Party Logistics Market Overview 8.1. Asia Pacific Third-Party Logistics Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific Third-Party Logistics Market Share & Forecast, 2016-2027 8.2.1. By Service 8.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding 8.2.1.2. Domestic Transportation Management (DTM) 8.2.1.3. International Transportation Management (ITM) 8.2.1.4. Warehousing & Distribution (W&D) 8.2.1.5. Value Added Logistics Services (VALs) 8.2.2. By Transport 8.2.2.1. Roadways 8.2.2.2. Railways 8.2.2.3. Waterways 8.2.2.4. Airways 8.2.3. By End-use 8.2.3.1. Manufacturing 8.2.3.2. Retail 8.2.3.3. Healthcare 8.2.3.4. Automotive 8.2.4. By Country 8.2.4.1. China 8.2.4.2. India 8.2.4.3. Japan 8.2.4.4. Australia 8.2.4.5. Rest of Asia Pacific 8.2.5. Company Market Share (Top 3-5) 8.2.6. Economic Impact Study on Asia Pacific Third-Party Logistics Market 9. South America Third-Party Logistics Market Overview 9.1. South America Third-Party Logistics Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America Third-Party Logistics Market Share & Forecast, 2016-2027 9.2.1. By Service 9.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding 9.2.1.2. Domestic Transportation Management (DTM) 9.2.1.3. International Transportation Management (ITM) 9.2.1.4. Warehousing & Distribution (W&D) 9.2.1.5. Value Added Logistics Services (VALs) 9.2.2. By Transport 9.2.2.1. Roadways 9.2.2.2. Railways 9.2.2.3. Waterways 9.2.2.4. Airways 9.2.3. By End-use 9.2.3.1. Manufacturing 9.2.3.2. Retail 9.2.3.3. Healthcare 9.2.3.4. Automotive 9.2.4. By Country 9.2.4.1. Brazil 9.2.4.2. Argentina 9.2.4.3. Rest of South America 9.2.5. Company Market Share (Top 3-5) 9.2.6. Economic Impact Study on South America Third-Party Logistics Market 10. Middle East & Africa Third-Party Logistics Market Overview 10.1. Middle East & Africa Third-Party Logistics Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa Third-Party Logistics Market Share & Forecast, 2016-2027 10.2.1. By Service 10.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding 10.2.1.2. Domestic Transportation Management (DTM) 10.2.1.3. International Transportation Management (ITM) 10.2.1.4. Warehousing & Distribution (W&D) 10.2.1.5. Value Added Logistics Services (VALs) 10.2.2. By Transport 10.2.2.1. Roadways 10.2.2.2. Railways 10.2.2.3. Waterways 10.2.2.4. Airways 10.2.3. By End-use 10.2.3.1. Manufacturing 10.2.3.2. Retail 10.2.3.3. Healthcare 10.2.3.4. Automotive 10.2.4. By Country 10.2.4.1. Saudi Arabia 10.2.4.2. UAE 10.2.4.3. South Africa 10.2.4.4. Rest of Middle East & Africa 10.2.5. Company Market Share (Top 3-5) 10.2.6. Economic Impact Study on Middle East & Africa Third-Party Logistics Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1.1. C.H. Robinson Worldwide, Inc. 11.7.1.2. DB Schenker 11.7.1.3. DHL International GMBH 11.7.1.4. FedEx Corporation 11.7.1.5. KUEHNE+NAGEL Inc 11.7.1.6. Maersk 11.7.1.7. Nippon Express 11.7.1.8. Panalpina World Transport Ltd. 11.7.1.9. Union Pacific Railroad 11.7.1.10. United Parcel Service 11.7.1.11. Other players
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