Selbyville, DE -- (SBWIRE) -- 11/05/2018 -- Global Third Party Logistics (3PL) market report added by MarketstudyReport.com is one of the most comprehensive research studies on Third Party Logistics (3PL) offering 64 data tables, 31 figures, covering 25 companies and regional outlook for 12 countries on segments covered in this report.

Meticulously analyzed in terms of pivotal industry segments, global Third Party Logistics (3PL) market report effectively covers the scope of this space in terms By Solution, By Mode, and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.

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The report extensively bifurcates the various contenders of global Third Party Logistics (3PL) market. Prominent contributors such as AmeriCold Logistics LLC, BDP International, Burris Logistics, C.H. Robinson Worldwide, CEVA Logistics, DB Schenker Logistics, DHL Supply Chain, DSV A/S, Expeditors International of Washington, FedEx, GEODIS, J. B. Hunt, Kintetsu World Express, Inc, Kuehne + Nagel International AG, 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, XPO Logistics, Inc have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.

The Asia Pacific 3PL market is predicted to have a significant industry share contributing to over 30% of the total revenue in 2016. The growth in the region is propelled by the improving economic conditions, Internet penetration, and the rising number manufacturing firms. These factors provide lucrative growth opportunities to the industry for effective warehousing and distribution services. In addition, the rising free trade agreements between different countries in the region offer a wide potential for growth.

Factors such as perceived loss of reputation and loss of control, are expected to hamper the 3PL market growth. The explosion of e-commerce sector is providing tremendous growth opportunities. An exponential increase in the number of orders and reduced delivery times is compelling providers to improve their operations to meet the ever-increasing demand to complete more orders in lesser time.

Rail & road mode is expected to experience a high demand owing to the increasing domestic transportation requirements. The launch of rail freight services between Beijing and London across Asia and Europe is expected to surge the trade through the rail mode. This has enabled manufacturers to explore newer transportation options at low costs. This silk route unlocks options for shippers to reduce the transportation time.

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Increasing globalization is encouraging companies across several industry verticals including e-commerce, food & beverage, durable manufacturing, and general merchandising to expand their geographical presence to meet the global demand. This is expected to positively impact the International Transportation Management (ITM) segment demand. 3PL market vendors are focusing on providing international freight management and customs brokerage with their extensive knowledge of import-export processes and international regulations.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3 3PL Industry Insights

Chapter 4 3PL Market, By Solution

Chapter 5 3PL Market, By Mode

Chapter 6 3PL Market, By Region

Chapter 7 3PL Material Handling Equipment Market, By Region

Chapter 8 Competitive Landscape

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Related Report:

Global Third Party Logistics (3PL) Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023

Rising demand for reducing the shipping costs accompanied with the focus on managing timely delivery of goods is anticipated to fuel the 3PL market over the forecast timeline. It helps in reducing the capital costs and enabling businesses to focus on their core competencies. 3PL services are not only restricted toward logistics, but also include value-addition services for the entire process from procurement to distribution to consumers, thereby establishing an efficient and effective supply chain. In addition, advanced IT solutions, such as Electronic Data Interchange(EDI) and Vendor Managed Inventory (VMI), offers visibility to inbound and outbound logistics operations and contributes to the growth of the 3PL market.

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