The Logistics Services (3PL & 4PL) market report analysis series and provides a comprehensive insight into the global Logistics Services (3PL & 4PL) channel. It analyses the market, the major players, and the main trends, strategies for success and consumer attitudes. It also provides forecasts to 2024.
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About Logistics Services (3PL & 4PL) Industry
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.
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.
The worldwide market for Logistics Services (3PL & 4PL) is expected to grow at a CAGR of roughly 1.9% over the next five years, will reach 880 million US$ in 2024, from 790 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Logistics Services (3PL & 4PL) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Logistics Services (3PL & 4PL) market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Logistics Services (3PL & 4PL) market are:–
- DHL Supply Chain & Global Forwarding
Kuehne + Nagel
DB Schenker Logistics
C.H. Robinson Worldwide
UPS Supply Chain Solutions
Expeditors International of Washington
J.B. Hunt (JBI, DCS & ICS)
Hitachi Transport System
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Production Analysis: SWOT analysis of major key players of Logistics Services (3PL & 4PL) industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Logistics Services (3PL & 4PL) Market are:
Product Segment Analysis of the Logistics Services (3PL & 4PL) Market is:
Lead Logistics Provider Services/4PL
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The scope of Logistics Services (3PL & 4PL) Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Logistics Services (3PL & 4PL) market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
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- Build business strategy by identifying the high growth and attractive Logistics Services (3PL & 4PL) market categories
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- Prepare management and strategic presentations using the market data
- Recent Events and Developments
In this study, the years considered to estimate the market size of Logistics Services (3PL & 4PL) Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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No Of Pages in Logistics Services (3PL & 4PL) Market Report: 136
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