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Third-party Logistics (3PL) market set to grow according to forecasts

Third-party Logistics (3PL)

Third-party Logistics (3PL) Market is projected to reach $1,513 billion by 2025, registering a CAGR of 7.1% from 2018 to 2025. The report presents complete overview of the Third-party Logistics (3PL) market, starting from basic it goes into each and every detail.

The global 3PL market was valued at $869 billion in 2017, and is projected to reach $1,513 billion by 2025, registering a CAGR of 7.1% from 2018 to 2025.Factors such as increase in trading activities due to globalization and increase in focus of manufacturers and retailers on core competencies fuel the growth of the 3PL market. In addition, development of the e-commerce industry and increase in reverse logistics operations boost the market growth.

However, risk to goodwill of manufacturers hinders the growth of the 3PL market. 

The key players analyzed in this report are DHL, United Parcel Service, FedEx Corporation, Maersk Logistics, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Ltd., Union Pacific Corporation, and BNSF Railway Company.

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The global 3PL market is segmented into mode of transport, service type, and region. Based on mode of transport, the market is classified into railways, roadways, waterways and airways.

By service type, it is fragmented into dedicated contract carriage, domestic transportation management, international transportation management, warehousing & distribution, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings of the Third-party Logistics (3PL) Market:

The roadways segment in mode of transport generated the highest revenue in terms of revenue for the global 3PL market in 2017.
In 2017, domestic transportation management segment was the highest revenue contributor in the service type category.
The LAMEA region is anticipated to exhibit the highest CAGR during the forecast period.
In 2017, the Asia-Pacific contributed the highest market revenue, followed by North America, Europe, and LAMEA.

Key Benefits for Third-party Logistics (3PL) Market:

This study comprises the analytical depiction of the global 3PL (market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.

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Table of Contents 

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Third-party Logistics (3PL) Market By Mode Of Transport

Chapter 5: Third-Party Logistics (3pl) Market, By Service Type

Chapter 6: Third-Party Logistics (3pl) Market, By Region

Chapter 7: Company Profiles

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