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Canada 3PL market analysis and (products, applications & geography). This study presents market analysis, trends, and future estimations by 2027.
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Canada 3PL Market Transportation activities have been restricted and limited to essential goods & services transport almost for the first two quarters of 2020. 3PL service providers have witnessed significant downfall in demand. In addition, market participants are providing services for essential goods, including FMCG products and foods & beverages products to cater to the demand from commute restricted areas. From the third quarter of 2020, the restriction was lifted up to limited level, and thus movement of goods witnessed a significant spike for the straight two quarters. From October 2020, due to rebound in exports and strong consumption rate, the Canadian economy witnessed boost and is expected to continue in the coming years. Growing trade activities and increasing movement of goods are expected to support the growth of the Canada 3PL market. Request Customization
Canada 3PL Market The Canada 3PL market was valued at $1,580.8 million in 2019, and is projected to reach $3,010.7 million by 2027, registering a CAGR of 9.0%. By type, the health & nutrition segment was the highest contributor to the market, with $727.0 million in 2019, and is estimated to reach $1,409.6 million by 2027, at a CAGR of 9.2% during the forecast period. Third-party logistics (3PL) is the function by which a manufacturer or retailer outsources activities related to logistics and distribution. Third-party logistics companies can provide specialized services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. Connect Analyst
Canada 3PL Market Key Benefits For Stakeholders • This study presents the analytical depiction of the Canada 3PL market analysis along with the current trends and future estimations to depict imminent investment pockets. The overall 3PL market opportunity is determined by understanding profitable trends to gain a stronger foothold. The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis. The current market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency. Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry. • • • • Purchase Enquiry
•SCI Technology, Inc. •Skytrac Systems Ltd. •Teledyne Controls LLC •Thales Group •The Boeing Company Canada 3PL Market Major Companies: A.P. Moller-MAERSK Bollore Group C.H. ROBINSON WORLDWIDE, INC FedEx Corporation Kintetsu World Express, Inc NIPPON EXPRESS Co., LTD Penske PUROLATOR INC SCI Group Inc United Parcel Service Request Customization [ "COVID-19 impact" ]
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