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Third Party Logistics Market

The global third-party logistics market is anticipated to reach USD 2114.06 billion by 2032 according to a new report published by Polaris Market Research.

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Third Party Logistics Market

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  1. Third Party Logistics (3PL) Market Expected to reach USD 2114.06 Billion By 2032 | CAGR: 7.5% Third Party Logistics (3PL) Market Share, Size, Trends, Industry Analysis Report By Service (Dedicated Contract Carriage, Domestic Transportation Management, International Transportation Management, Warehousing and Distribution, Others); By Mode of Transport (Roadways, Railways, Waterways, Airways); By End-User (Retail, Manufacturing, Healthcare, Others); By Regions, Segments & Forecast, 2024 – 2032

  2. ❑ Third Party Logistics (3PL) Market Estimate & Forecast Global Third Party Logistics (3PL) Market size and share is currently valued at USD 1102.66 billion in 2023 and is anticipated to generate an estimated revenue of USD 2114.06 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 7.5% CompoundAnnual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032 The manufacturing segment dominated the global market in 2018. In 2018, Asia Pacific accounted for the majority share in the market. The rise in global trading with thriving end-users E-commerce and retail has led to a booming logistics market. A key advantage offered by 3PL such as less time in completion of process has encouraged businesses to invest in it. This also increases overall efficiency and profitability. Outsourcing logistics operations enables manufacturers and retailers to stick to core competencies. Digitization and integration of IT software and solutions coupled with use of reverse logistics and multi-modal transportation is expected to offer growth opportunities during forecast period. 2 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

  3. ❑ Third Party Logistics (3PL) Market 3 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

  4. ❑ Third Party Logistics (3PL) Market Competitive Landscape The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Majorplayers operatingin the marketare: • FedEx Corporation • Union Pacific Corporation • Kuehne+Nagel Inc. • BNSF Railway Company • AmeriCold Logistics LLC • CEVA Logistics • Landstar System Inc. • Ryder System Inc. • Burris Logistics • DB SCHENKER Logistics • Agility 98 Browse Complete Report 4 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

  5. ❑ About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for a clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business- centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and highly comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. qualified team of experts Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com 5 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

  6. Thank You! Thank You! Polaris Market Research 30 Wall Street 8th Floor, New York City, NY 10005, United States sales@polarismarketresearch.com +1-929 297-9727

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