Logistics Services (3PL & 4PL) Market 2019 Global Industry – Key Players, Size, Trends, Opportunities, Growth- Analysis to 2022
Wiseguyreports.Com Publish New Market Research Report On -“Logistics Services (3PL & 4PL) Market 2019 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2022”
Pune, India – September 25, 2019 /MarketersMedia/ —
Logistics Services (3PL & 4PL) Market 2019
A new report added to the online inventory of Wise Guys Reports (WGR) reveals that the global logistics services (3PL & 4PL) is set to grow at an increasing rate and is expected to reach to USD 920 million by 2022.
In business world, logistics is referred as the management of the flow of materials from the point of origin to the point of consumption; it is a part of the supply chain of an organization. The logistics services are designed in a way so that the customers can get timely delivery of their products and that too at the most reduced cost. In order to offer timely services to the customers, the companies are using global logistics services thus driving the market size.
Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/1600311-global-logistics-services-3pl-4pl-market-rport-2017
Third-party logistics (3PL) provider provide logistics services including freight forwarding, inventory storage & distribution, shipping or distribution of materials, IT solutions among others whereas fourth party logistics (4PL) provider is supply chain integrator which complies and manages all capabilities, resources, and technology of a company’s supply chain.
The Global Logistics Services (3PL&4PL) market is expected to increase greatly in the coming next years, the market growth is anticipated to be driven by both increased economic activity and increasing outsourcing of logistics activities to third-parties. The cost benefits offered by logistics services (3PL 7 4PL) is considered as a prominent market driver.
Global Logistics Services (3PL & 4PL) Market: Segmental Analysis
The segmental analysis of the market has been conducted based on type, application and region.
By type, the market has been segmented into transportation, warehousing, value-added services, Lead Logistics Provider Services/4PL among others.
Based on application, the market has been divided into Healthcare, Industrial, Elements, Food, Groceries, Automotive, Technological, among others.
Global Logistics Services (3PL & 4PL) Market: Region wise Analysis
Region wise, the market has been divided into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). In North America, countries such as the US, Canada, Mexico are covered. In Europe, countries such as the UK and Germany are covered. In APAC, countries such as Japan, China and India are covered. In Latin America, countries including Brazil and Mexico are covered while Egypt, Turkey etc are included in Middle East and Africa. In terms of revenue, Asia is the largest region of logistics services (3PL & 4PL) market size is Asia Pacific, followed by Europe and North America. Asia Pacific region has witnessed faster growth in logistics market as compared to other regions. The trend of outsourcing business processes and supply chain activities are driving logistics services (3PL & 4PL) market. The rapid growth of e-commerce industry in the countries such as Japan, China and South Korea is partly driving the market growth in the region. The market in Europe is also expected to witness a sound growth during the projection period as the companies are adopting new models to ease the process that aimed at providing maximum satisfaction to the customers.
Complete Report Details @ https://www.wiseguyreports.com/reports/1600311-global-logistics-services-3pl-4pl-market-rport-2017
Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Address: Office No.528,Amanora Chambers,Magarpatta Road,Hadapsar,Pune-411028.
Phone: +1-646-845-9349
Website: https://www.wiseguyreports.com
Source: MarketersMedia
Release ID: 88922556
Copyright © 1999-2013 SproutNews.com
