Covid-19 Impact on Third Party Logistics Market Forecast to 2027 -Deutsche Post AG,KUEHNE + NAGEL International AG,Nippon Express Co.,DB Schenker (Deutsche Bahn AG),C.H. Robinson Worldwide
The third party logistics market was valued at US$ 899.4 billion in 2019 and is projected to reach US$ 1,329.4 billion by 2027; it is expected to grow at a CAGR of 4.2% during the forecast period
Logistics is the core area of the third party logistics (3PL) firms and their proficiency in this area is always superior to that of the core companies. 3PL firms have the expertise to keep IT systems updated and deliver the logistic services in less time with reduced cost. Additionally,3PL firms can strategize to reduce company’s inventory cost, overall shipping and delivery costs, and can meet the technical requirements. The core companies may not have time or expertise to keep logistic services and systems updated.
The companies often face challenges while meeting timely delivery of products during high business growth. Outsourcing logistic function from a third party firms is helpful for the core companies as these firms manage and maintain warehouse, transportation, and other operations efficiently with expertise. 3PL service eliminates the need to invest in technology, warehouse space, transportation, and trained staffs in order to execute the logistics process. Moreover, hiring the third party firms is cost-effective than investing in own logistic operations. Thus, reducing overall operational cost and managing timely delivery are expected to drive the global Third Party Logistics market.
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The key players profiled in the market include are Deutsche Post AG,KUEHNE + NAGEL International AG,Nippon Express Co.,DB Schenker (Deutsche Bahn AG),C.H. Robinson Worldwide,DSV A/S,XPO Logistics,Sinotrans Co.
Global Third Party Logistics Market: Applications and Types
hird Party Logistics Market –By Mode of Transport
- Roadways
- Railways
- Waterways
- Airways
Third Party Logistics Market –By Services
- International Transportation
- Warehousing
- Domestic Transportation
- Inventory Management
- Others
Third Party Logistics Market –By EndUser
- Automotive
- Healthcare
- Retail
- Consumer Goods
- Others
Further, in the research report, the following points are included along with an in-depth study of each point:
* Production Analysis- Production is analyzed with respect to different regions, types, and applications. Here, the price analysis of various Market key players is also covered.
* Sales and Revenue Analysis- Both, sales and revenue are studied for the different regions of the Global market. Another major aspect, price, which plays an important part in the revenue generation is also assessed in this section for the various regions.
* Supply and Consumption- In continuation of sales, this section studies the supply and consumption of the Market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.
* Other analyses- Apart from the information, trade and distribution analysis for the Market, contact information of major manufacturers, suppliers and key consumers are also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.
* In continuation with this data, the sale price is for various types, applications and regions are also included. The Market for major regions is given. Additionally, type wise and application wise consumption figures are also given.
What You Can Expect from Our Report:
- Third Party Logistics Market [Present Market Size forecasted to 2027 with CAGR]
- Regional level split [North America, Europe, Asia Pacific, South America, and Middle East & Africa]
- Country wise Market Size Split [Important countries with major market share]
- Market Size Breakdown by Product/ Service Types – [ ]
- Market Size by Application/Industry verticals/ End Users – [ ]
- Market Share and Revenue/Sales of 10-15 Leading Players in the Market
- Production Capacity of Leading Players whenever applicable
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Pricing Trend Analysis – Average pricing across regions
- Brand wise Ranking of Major Market Players globally.
The report firstly introduced the Third Party Logistics basics: definitions, classifications, applications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis
Major Points from Table of Contents: -
1 Report Overview
2 Global Growth Trends by Regions
3 Competition Landscape by Key Players
4 Breakdown Data by Type
5 Third Party Logistics Breakdown Data by Application
6 North America
7 Europe
8 China
9 Japan
10 Southeast Asia
11 India
12 Central & South America
13 Key Players Profiles
14 Analyst's Viewpoints/Conclusions
15 Appendix.
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