THIRD-PARTY LOGISTICS MARKET ANALYSIS
Growing e-commerce industry is one of the major drivers for growth of the global third party logistics market. For instance, in 2016, the global B2C ecommerce industry generated revenue of US$ 2.1 trillion, from US$ 1.8 trillion in 2015, and is expected to reach up to US$ 2.4 trillion by 2017. Several e-commerce companies that have adopted the online platform to sell their products do not have their own logistics services. This also contributes to the increased demand for TPL. Increasing number of startups, generally are unable to afford their own logistics services, thus increasing the demand for third party logistics. Moreover, the convenience of shopping online, is increasing adoption of online shopping by several customers worldwide, which in turn, is expected to fuel growth of the third party logistic services in e-commerce industry. Get PDF copy @ https://www.coherentmarketinsights.com/insight/request-pdf/597 Key players operating in the third party logistics market include AmeriCold Logistics LLC, BDP International, Burris Logistics, C.H. Robinson Worldwide, CEVA Logistics, DB Schenker Logistics, DHL Supply Chain, FedEx, GEODIS, J. B. Hunt, Kintetsu World Express, Inc., Landstar System, Inc., Nippon Express Co., Ltd, Panalpina World Transport Ltd., Ryder Supply Chain Solutions, Schneider National, Inc., SinoTrans (HK) Logistics Limited, Total Quality Logistics, Inc., Transplace Texas LP, Unyson Logistics, Inc., UPS Supply Chain Solutions, and XPO Logistics, Inc. Third Party Logistics Market Outlook u2013 Asia Pacific holds the largest market share of the global third party logistics market On the basis of geography, global third party logistics market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market in Asia Pacific held a dominant position in the global third party logistics market in 2016 and is projected to retain its dominance throughout the forecast period. Increasing disposable income and rising investment by e-commerce leaders and increasing internet penetration are leading to the rapid growth of the e-commerce industry in emerging economies such as India and China. Any Query? Talk To our Analyst @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/597 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US 12067016702 / UK 4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com
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