Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Third-Party Logistics Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Third-Party Logistics Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Third-Party
Logistics Market is offered.
Market
Insights:
In accordance with the report, the Third-Party Logistics
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Third-Party
Logistics Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The third party industry is discovered to be spectacular as a result of
all driving elements being present. The logistic market's expansion is greatly
impacted by a number of factors. This market has been identified as the
by-product of all the manufacturing sectors that are now active. The
development of technology, the presence of additional distribution channels,
and the market's manufacturing capacity all influence market growth. The
development of more end-user industries has an impact on market expansion. It
has been discovered that the logistics industry develops more quickly and
offers reasonably priced shipping to various product end-user sectors or some
of the service-based end-user industries. The logistic market has changed
dramatically as a result of the trade movement. Subsidiary products are those
that are created from the logistics market. One of the elements driving the
third-party logistics business is the increase in consumer goods demand. The
main market drivers include on-the-spot delivery, last-minute buying, and
offering rapid and convenient services. Customers are shopping more frequently
for products that meet their preferences. The firms are utilising cutting-edge
technology to increase their supply. The development of logistics enterprises
is receiving assistance from the governments of various regions.
Research
Methodology:
To compile
the detailed study of the global Third-Party
Logistics Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Third-Party Logistics Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Third-Party Logistics Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Third-Party Logistics Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Third-Party Logistics Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Third-Party Logistics Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Third-Party
Logistics Market, By Service, 2022-2031 (USD Million)
·
Domestic
Transportation
·
International
Transportation
·
Value Added Warehousing
·
Distribution
·
Others
Third-Party
Logistics Market, By Mode of Transport, 2022-2031 (USD Million)
·
Railways
·
Roadways
·
Waterways
·
Airways
Third-Party
Logistics Market, By Application, 2022-2031 (USD Million)
·
Manufacturing
·
Retail
·
Healthcare
·
Automotive
·
Others
Report
Highlights:
The prime objective of the Third-Party
Logistics Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Third-Party
Logistics Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Third-Party
Logistics Market:
·
H. Robinson
Worldwide of the United States
·
BDP
International Inc. of the United States
·
CEVA
Logistics of Switzerland
·
Kerry
Logistics of Hong Kong
·
FedEx
Corporation of the United States
·
Nippon
Express of Japan
·
DSV Panalpina
A/S of Denmark
Third-Party
Logistics Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry