Global Third Party Logistics (3PL) Market Provides an In-Depth Insight of Sales Analysis and Growth Forecast and Upcoming Trends | H. Robinson Worldwide (CHRW) Inc. FedEx Corporation Nippon Express Co., Ltd – Press Release

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Third Party Logistics (3PL) Market

Third Party Logistics (3PL) Market

Third Party Logistics (3PL) Industry Overview:

Goal to offer most segmented consumption and sales data of several types of Third Party Logistics (3PL) Market, downstream consumption fields, and competitive landscape in numerous regions and countries around the globe, this report studies the latest upcoming market data from the primary and secondary authoritative foundation.

The third party logistics (3PL) market is expected to register USD 856.7 billion in revenue generation in the year 2019, with a compound annual growth rate (CAGR) of 7.4%.

The report also suggests the latest market dynamics, such as key driving factors, key restraining factors, and industry news such as mergers, acquisitions, and investments. It provides market size (value and volume), industry share, market growth rate by types, applications, end-user and combines both qualitative and quantitative techniques to make micro and macro predictions in numerous regions or countries in the world.

The third party logistics also provide management of demand fluctuations and help the manufacturers to make their products available and generate higher demand prospects in a particular period. The service providers also maintain better warehouse management and help the manufacturers maintain inventory stocks, where the company does not possess any infrastructure facility and serves as a warehouse.

Drivers of Third Party Logistics (3PL) Market Reports:

Rising little and medium enterprises can accelerate market growth within the forecast period.
Increasing demand for consistent application performance will drive market growth.
Rapid development within internet traffic is another issue boosting this market growth.

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Keyword Market Major Prominent Players:

H. Robinson Worldwide (CHRW) Inc.
FedEx Corporation
Nippon Express Co., Ltd.
BDP International
XPO LogisticsInc
DB Schenker Logistics
Burris Logistics
CEVA Logistics
Kuehne + Nagel International AG
DSV Panalpina A/S
Yusen Logistics Co. Ltd. (Nippon Yusen)
UPS Supply Chain Solutions, Inc.

The report emphasizes the top key vendors in terms of top brands, worldwide region, type, end-user, profiles, product analysis, sales, price, revenue, and gross margin in the future.

Market Chains:

Availability of restricted information measure suppliers can restrain the industry growth.
Complexity related to the network will limit the development of this market.
The high value of the appliance delivery controller will hamper the market growth.

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This report estimates revenue growth at global, regional, and country levels and offers an analysis of the latest industry trends and business growth factors in each of the sub-segments from 2017 to 2029. For this study, Straits Research has segmented the global Third Party Logistics (3PL) market report based on product, distribution channel, application, and region:

By Mode of Transport

Ground/Roadways Transport
Waterways/ Maritime Transport
Railways Transport
Air Transport

By Industry Vertical

E-commerce and Retail
Healthcare and Pharmaceuticals
Manufacturing
Automotive

By Service

Freight forwarding
Warehousing and Distribution (W&D)
Domestic Transportation Management (DTM)
Value-Added Logistics Services (VALs)
International Transportation Management (ITM)

Report Includes

An overview of the top Third Party Logistics (3PL) companies and detailed description of their main business segments, products, financial performance, and developments & strategies.
Analyses of Third Party Logistics (3PL) Market trends, with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2029.
Information on types of Third-Party Logistics (3PL) Market tasks and identification of their capabilities with the greatest commercial potential.
Analysis of the key drivers and constraints that will shape the market in the future.
Coverage of segmental and regional performance, technology advancements, and awards & recognitions of these top companies.

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This release was published on openPR.

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