The new report by Expert Market Research titled, ‘Global Third-Party Logistics (3PL) Market Share, Price, Trends, Growth, Analysis, Report and Forecast 2020-2025′, gives an in-depth analysis of the global third-party logistics (3PL) market, assessing the market based on its segments like major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/third-party-logistics-market/requestsample

The key highlights of the report include:

Market Overview (2015-2025)

Historical Market Size (2019): USD 910.4 billion
Forecast CAGR (2020-2025): 5.25%
Forecast Market Size (2025): USD 1237.6 billion

The global logistics third-party (3PL) market is likely to develop in the coming years as e-commerce and trade activities increase. The growth of the demand from third parties in logistics across industries is also stimulated by favourable government regulations. The demand from the retail and manufacturing industries has driven freighters to integrate their roles and resources efficiently by sharing centralised management and logistics facilities in order to provide competent services. The third-party logistics groups, instead of recruiting a variety of brokers at the national/local level, offer a specific approach that will boost the demand for third-party (3PL) logistics by contracting a single provider at the global level.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/third-party-logistics-market

Industry Definition and Major Segments

Logistics services from third parties are used by companies to outsource the logistics and supply chain management of warehousing, distribution, and delivery services through non-member companies. Third-party logistics providers are generally experienced in integrated transit and warehouse operations that, on the market conditions, can be scaled and tailored to meet the demands and distribution requirements of their goods.

The major regional markets include

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East and Africa

Market Trends

Over the last five years, the industry has experienced a lot of transition, with main industrials, including retail and cars, expected to produce better technology. The third-party logistics industry offers state-of-the-art solutions for accurate tracking of shipments and their movement. This improved technology, world visibility, reporting, and imaging capability will accelerate business growth further. The industry is highly organized and updates compliance requirements continuously, including the involvement of the red tape, taxes, and duties in every country in which it is operated, making the third-party logistics (3PL) sector convenient and, thus, further aiding the industry growth.

Key Market Players

The major players in the market are DHL Global Forwarding (ETR: DPW), Kuehne + Nagel International AG (SWX: KNIN), DB Schenker, DSV A/S (CPH: DSV), Sinotrans Changhang Group (SHA: 601598), Panalpina, Nippon Express Co., Ltd. (TYO: 9062), Expeditors (NASDAQ: EXPD), UPS Supply Chain Solutions Inc (NYSE: UPS), Hitachi Transport System (TYO: 9086), C.H. Robinson (NASDAQ: CHRW), Hellmann Worldwide Logistics SE & Co. KG, Bollore Logistics (EPA: BOL), CEVA Logistics, and Yusen Logistics Co., Ltd. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Motorcycle Airbag Market – https://www.expertmarketresearch.com/reports/motorcycle-airbag-market

Orbital Polisher Market – https://www.expertmarketresearch.com/reports/orbital-polisher-market

Portable Stages Market – https://www.expertmarketresearch.com/reports/portable-stages-market

Interior Car Accessories Market – https://www.expertmarketresearch.com/reports/interior-car-accessories-market

Compact Cars Market – https://www.expertmarketresearch.com/reports/compact-cars-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade, and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable, and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging, and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish-speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

The post Third-Party Logistics (3PL) Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com appeared first on Evertise.