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Third Party Logistics (3PL) Market will be Growing at 5% CAGR till 2024 - Hexa Research

The Third Party Logistics (3PL) Market is expected to grow at a CAGR of 5% over the forecast period from 2016 to 2024. Third party logistics (3PL) can be defined as a person whole receives, holds or transports a consumer product in the ordinary course of business but does not take title to the product.

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Third Party Logistics (3PL) Market will be Growing at 5% CAGR till 2024 - Hexa Research

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  1. Your Catalyst To a Lucrative Business Third Party Logistics (3PL) Market Size, Share, Analysis, Industry Outlook and Forecast to 2024 | Hexa Research “The Third Party Logistics (3PL) Market is expected to grow at a CAGR of 5% over the forecast period from 2016 to 2024.” The Third Party Logistics (3PL) Market is expected to grow at a CAGR of over 5 % during the forecast period (from 2016 to 2024). Rising focus on core business activities along with reduced shipping costs is expected to spur the growth of the global market. The introduction of e-commerce coupled with entrepreneurial ventures is also said to augment the demands for supply chain execution capabilities as well as specialized logistics. Various factors such as the emphasis on price and risk containment are said to hinder the market growth. In addition to this, sluggish economic growth and inconsistent freight volumes are also likely to hamper the overall market growth over the coming years. The global market is segregated as services and regions. The services sector involves dedicated contract carriage, domestic transportation management, software, international transportation management, and warehousing & distribution. The International Transportation Management (ITM) sector led the global market in 2014 and is expected to witness reach USD 340 billion by 2024. It includes goods brokerage and value-added transport management services. The Warehousing & Distribution (W&D) sector occupied for more than 23 % of the total market share in 2014. Other sectors including refrigerated grocery coupled with pharma applications are likely to witness the maximum growth prospects for value-added warehousing services in the near future. Browse Details of Report @ https://www.hexaresearch.com/research-report/third-party-logistics-3pl Follow Us:

  2. Your Catalyst To a Lucrative Business Geographically, the Asia-Pacific third party logistics (3PL) market dominated the global market in 2014. The regional market is projected to reach USD 390 billion by 2024 growing at a healthy CAGR of over 6 % from 2015 to 2024. The European 3PL market is anticipated to reach USD 212 billion by 2024 growing at a CAGR of over 3 % during the estimated years. The North American regional market is said to reach USD 270 billion by 2024. The region is expected to witness lucrative growth opportunities on account of steadily decreasing transportation charges and labor costs in the United States as well as Mexico. In addition to this, rapid improvement in technology logistics software is said to boost the growth of the market across the region in the next few years. The major players in the third party logistics (3PL) market are Expeditors International; UPS Supply Chain Solutions; and Kuehne + Nagel International AG. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/communication-services-industry Follow Us:

  3. Your Catalyst To a Lucrative Business Table of Content of Third Party Logistics Market Chapter 1. Executive Summary 1.1. 3PL - Industry Summary and Critical Success Factors (CSFs) Chapter 2. 3PL Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. 3PL Value Chain Analysis 2.4. 3PL Market Dynamics 2.4.1. Market Driver Analysis 2.4.2. Market Restraint Analysis 2.5. Key Opportunities Prioritized 2.6. Industry Analysis - Porter's 2.7. 3PL - Key company analysis, 2016 2.8. 3PL Market PESTEL Analysis, 2016 Chapter 3. 3PL Service Outlook 3.1. Dedicated Contract Carriage 3.1.1. Global market estimates and forecasts, 2016 - 2024 3.2. Domestic Transportation Management 3.2.1. Global market estimates and forecasts, 2016 - 2024 3.3. International Transportation Management 3.3.1. Global market estimates and forecasts, 2016 - 2024 3.4. Warehousing & Distribution 3.4.1. Global market estimates and forecasts, 2016 - 2024 3.5. Logistics Software 3.5.1. Global market estimates and forecasts, 2016 - 2024 Chapter 4. 3PL Regional Outlook 4.1. North America 4.1.1. 3PL market by service, 2016 - 2024 4.1.2. U.S. 4.1.2.1. 3PL market by service, 2016 - 2024 4.1.3. Canada 4.1.3.1. 3PL market by service, 2016 - 2024 Follow Us:

  4. Your Catalyst To a Lucrative Business 4.1.4. Mexico 4.1.4.1. 3PL market by service, 2016 - 2024 4.2. Europe 4.2.1. 3PL market by service, 2016 - 2024 4.2.2. France 4.2.2.1. 3PL market by service, 2016 - 2024 4.2.3. Germany 4.2.3.1. 3PL market by service, 2016 - 2024 4.2.4. Italy 4.2.4.1. 3PL market by service, 2016 - 2024 4.2.5. UK 4.2.5.1. 3PL market by service, 2016 - 2024 4.3. Asia Pacific 4.3.1. 3PL market by service, 2016 - 2024 4.3.2. Australia 4.3.2.1. 3PL market by service, 2016 - 2024 4.3.3. China 4.3.3.1. 3PL market by service, 2016 - 2024 4.3.4. India 4.3.4.1. 3PL market by service, 2016 - 2024 4.3.5. Japan 4.3.5.1. 3PL market by service, 2016 - 2024 4.4. RoW 4.4.1. 3PL market by service, 2016 - 2024 4.4.2. Brazil 4.4.2.1. 3PL market by service, 2016 - 2024 Chapter 5. Competitive Landscape 5.1 Americold 5.2 BDP International 5.3 Burris Logistics 5.4 C.H. Robinson Worldwide 5.5 CEVA Logistics 5.6 Coyote Logistics 5.7 DB Schenker Logistics 5.8 Exel Follow Us:

  5. Your Catalyst To a Lucrative Business 5.9 Expeditors International of Washington 5.10 FedEx 5.11 GENCO 5.12 J. B. Hunt 5.13 Kuehne + Nagel 5.14 Landstar System 5.15 Menlo Worldwide Logistics 5.16 Ozburn-Hessey Logistics 5.17 Panalpina 5.18 Ryder Supply Chain Solutions 5.19 Schneider 5.20 Total Quality Logistics 5.21 Transplace 5.22 Unyson Logistic 5.23 UPS Supply Chain Solutions 5.24 UTi Worldwide 5.25 XPO Logistics Chapter 6. Methodology and Scope 6.1. Research Methodology 6.2. Research Scope & Assumption 6.3. List of Data Sources Follow Us:

  6. Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/ Follow Us:

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