Third Party Logisticss Market size, share, growth, demand, segments and forecast by  2028

prachi kolhe

The  Third Party Logistics Market report includes historic data, present market trends, market environment, technological innovation, upcoming technologies, and technical progress in the related industry. This report provides accurate information about market trends, industrial changes, and consumer behavior, among other factors. The base year for calculation in the report is 2021, with the historic year being 2020, which informs how the Third Party Logistics Market will perform in the forecast years by outlining market definitions, classifications, applications, and engagements. The significant Third Party Logistics Market report also aids in prioritizing market goals and achieving profitable business outcomes.

An influential Third Party Logistics Market survey report is a comprehensive study of the market, offering insights into the market’s status in the forecast period of 2022-2029. The market research covered in this report helps the management of a firm plan by providing accurate and up-to-date information about consumer demands, changing tastes, attitudes, preferences, and buying intentions, among other factors. The company profiles of all major market players and brands dominating the Third Party Logistics Market, with moves such as product launches, joint ventures, mergers, and acquisitions affecting sales, import, export, revenue, and CAGR values, have been cited in the report.

Third party logistics market size is valued at USD 8,30,213.10 million by 2020 expected to grow at a compound annual growth rate of 8.30% in the forecast period of 2021 to 2028. Data Bridge Market Research report on third party logistics provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Market Overview

Third-party logistics services lend a hand to the organizations to focus on their core business and make high revenue by dropping operating costs. These services also present value addition to companies for the complete process of the supply chain, leading to the well-organized and efficient supply chain.

The major players covered in the third-party logistics market report are BDP International, Burris Logistics, GEODIS, C.H. Robinson Worldwide, Inc., CEVA Logistics, NYK Line, Hub Group, Inc., GOGOX, DSV, SINOTRANS LIMITED, DB Schenker, FedEx, United Parcel Service of America, Inc., Deutsche Post AG, J.B. Hunt Transport, Inc., Nippon Express Co., Ltd., Maersk Logistics, XPO Logistics, Inc, Kuehne + Nagel, and YUSEN LOGISTICS CO. LTD among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Explore Further Details about This Research Third Party Logistics Market Report

Global Third-party Logistics Market Scope and Market Size

Third-party logistics market is segmented on the basis of service type, transport and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

·       On the basis of the service type, the third-party logistics market is segmented into dedicated contract carriage (DCC)/ freight forwarding, domestic transportation management (DTM), international transportation management (ITM), warehousing and distribution (W&D) and value-added logistics services (VALS).

·       Based on transport, the third-party logistics market is segmented into roadways, railways, waterways and airways.

·       The end users segment of the third-party logistics market is segmented into manufacturing, retail, healthcare, automotive and others.

Third-Party Logistics Market Country Level Analysis

Third-party logistics market is analyzed and market size, volume information is provided by country, service type, transport and end users as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

North America leads the third-party logistics market due to the increasing demand for cold storage along with the strong presence of major key players within this region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising trans-regional trade corridors and gateways in this region.

Points to focus in the  Third Party Logistics Market report

  1. The report offers market share appraisals for regional and global Third Party Logistics Market levels
  2. To gain detailed overview of parent  Third Party Logistics Market
  3. Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
  4. The study provides an in-depth analysis of the global order management software market and current & future trends to elucidate imminent investment pockets.
  5. Analyze and forecast  Third Party Logistics Market on the basis of type, function and application.

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