Logistics Services: 3PL and 4PL Market Size, CAGR, Value, Consumption, SWOT Analysis, Types, Key Players, Forecast to 2025
Global Logistics Services (3PL & 4PL) market size will increase to 910 Million US$ by 2025, from 790 Million US$ in 2018, at a CAGR of 1.8% during 2019 to 2025.
Dublin, United States – February 25, 2019 /MarketersMedia/ —
The 3PLs of today can provide a much broader range of services than they used to. It used to be that their primary focus was on warehousing and shipping, so if you sent them your product they would store it and ship it for you. Now, 3PLs can handle almost your entire business. This includes not only the complete supply chain cycle, but also such functions as customer service, order management, sales support, ecommerce and IT integration. In fact, there are very few aspects of your business that a 3PL can’t take care of for you and in many cases, they have technology and resources that you may not, so you get the benefit of top-tier tech without the investment.
A 4PL is an independent, singularly accountable, non-asset based integrator of clients’ supply and demand chains. The 4PL’s role is to implement and manage a value creating business solution through control of time and place utilities and influence on form and possession utilities within the client organization. Performance and success of the 4PL’s intervention is measured as a function of value creation within the client organization.
The logistics market is large, fragmented and populated by a wide range of differing companies. There are multinational companies offering a comprehensive range of logistics services leading the industry, down to smaller national freight forwarders, offering simple logistics services. The market has been driven by consolidation over the last 20 years, with customers seeking fewer, larger providers that are able to manage complex supply chains on a global basis.
Download Sample of This Premium Report at https://www.inforgrowth.com/samplerequest/r/1011221/global-logistics-services-3pl-4pl-market-insights-forecast-to-2025
Market growth has been driven by both increased economic activity and the continued trend in outsourcing of logistics activities to third-parties, both new outsourcers and companies outsourcing more activities to third-parties. The largest region in terms of outsourced logistics market size is Asia Pacific, followed by Europe and North America, with the Asia Pacific region having experienced faster growth in logistics market value than other regions. Outsourcing penetration is highest in Europe, but levels are increasing quickly in Asia Pacific. Key Trends The trend of outsourcing business processes and supply chain activities continues to be a driver of logistics company revenues and hence market growth. The growth of e-commerce is also creating an environment where supply chains are adapting to new models. Ecommerce is driving further logistics outsourcing to third-party supply chain specialists.
Dedicated e-commerce warehousing and distribution contracts are increasingly being awarded to logistics providers. A key trend in the global logistics industry is the provision of value-added services and bespoke solutions. Logistics providers are increasing their focus on specific industry sectors such as high-technology, automotive and pharmaceuticals, and offering additional value-added services that make their services more relevant for client needs. New technologies are finding their way into logistics services in order to improve productivity and enhance service. New logistics technologies being developed include vehicle management software, self-driving vehicles, robotics, internet of things applications and augmented reality. The largest logistics providers are characterized by differing service lines, asset ownership models, geographical scope and types of customers they serve.
The top three groups are all based in Europe: DHL is the largest provider globally, followed by Kuehne & Nagel and DB Schenker Logistics. All three have grown slower than the market in recent years as they have consolidated the major acquisitions made in the past. Most, but not all, of the leading logistics providers operate on a global scale, covering more than one continent. Some have a signific presence in all regions (ie Europe, Americas, Asia Pacific and Middle East / Africa). There has been significant mergers and acquisitions activity in the global logistics industry.
Global Logistics Services (3PL & 4PL) market size will increase to 910 Million US$ by 2025, from 790 Million US$ in 2018, at a CAGR of 1.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Logistics Services (3PL & 4PL).
Logistics Services (3PL & 4PL) Market Report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Logistics Services (3PL & 4PL) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
The Global Logistics Services (3PL & 4PL) market analyzes and researches the Logistics Services (3PL & 4PL) development status and forecast in United States, Europe, China, Japan, Southeast Asia, India & Central & South America.
The Global Logistics Services (3PL & 4PL) Market focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
Key Players covered in this report are DHL Supply Chain & Global Forwarding, Kuehne + Nagel, DB Schenker Logistics, Nippon Express, C.H. Robinson Worldwide, UPS Supply Chain Solutions, DSV, Sinotrans, CEVA Logistics, Expeditors International of Washington, Dachser, Panalpina, GEODIS, Toll Holdings, J.B. Hunt (JBI, DCS & ICS), Hitachi Transport System, XPO Logistics, GEFCO, Yusen Logistics, Agility.
Report analysed by applications like Topicals, Systemic, Biologics. Then report is analysed on the basis of type Transportation, Warehousing, Value-added Services, Lead Logistics Provider Services/4PL, Other.
The Logistics Services (3PL & 4PL) industry development trends and marketing channels are analysed. Finally, the feasibility of new investment projects are assessed and overall research conclusions offered.
With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states supply and demand Figures, cost, price, revenue and gross margins.
The Logistics Services (3PL & 4PL) Market report provides key statistics on the market status of the Logistics Services (3PL & 4PL) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Ask for Custom Requirements or Queries about this Report at https://www.inforgrowth.com/customizationrequest/r/1011221/global-logistics-services-3pl-4pl-market-insights-forecast-to-2025
Contact Info:
Name: Mr. Rohan
Email: Send Email
Organization: InForGrowth
Address: 6400 Village Pkwy suite # 104, Dublin, CA 94568, USA
Phone: +1-909-329-2808
Website: https://www.inforgrowth.com/
Source: MarketersMedia
Release ID: 485710
Copyright © 1999-2013 SproutNews.com
