Third Party Logistics Market Size and Trends Analysis , 3PL Industry Overview

1. Adroit Market Research Third Party Logistics Market Third Party Logistics Market Drivers, Restraints, Potential Growth Opportunities, Product Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018- 2025 Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

2. Adroit Market Research Third Party Logistics Market Size and Share Third Party Logistics Market Size and Share- -Global Forecast to 2025 Global Forecast to 2025 • The global third party logistics market is anticipated to garner $xx Bn by the end of 2022, registering a CAGR of xx% during the forecast period of 2018-2025. Third Party Logistics (3PL) facilitates a manufacturer to outsource activities related to logistics and distribution. A 3PL company doesn’t confine its services to logistics and distribution, it has wider spectrum of specialized services like cross-docking, inventory management, packaging of products and door to door delivery. This is basically opted for management of procurement and fulfillment activities that involves storing or shipping items. 1. third party logistics market size is expected to stretch owing to its use in present competitive environment. The demand is expected to rise due to the higher focus of retailers and manufacturers on their core competencies and subcontracting activities. Thus, competition has diverted the agenda of manufacturers to their own specializations in distribution and production. • Furthermore, globalization has strengthened the worldwide network of manufacturing activities. Efficient maintenance of it demands 3PL companies to grow. Scope of 3PL services has expanded with higher productivity gains in supply chain in terms of reliability and cost with the help of IT and managerial expertise offered by 3PL companies. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

3. Adroit Market Research Third Party Logistics Market Size and Share Third Party Logistics Market Size and Share- -Global Forecast to 2025 1. of the other prevalent factors including reverse logistics operations and e-commerce industry are driving 3PL market. However, potential loss of reputation and loss of direct control on the logistics service has restricted growth of 3PL market. The market of 3PL has influence of fragmentation and plenty of room for growth. In a small time frame, number of orders received has increased which is a challenge as well as an opportunity for the 3PL companies to meet the demands within the low-cost with the help of multi-distribution channel. Global Forecast to 2025 • Increasing Dependency on Third Party Logistics • The key benefit of using a 3PL service is to effortlessly handle logistics including warehousing, fulfillment, packaging and distribution, is cost-effectiveness – for instance, company that lack the capability to maintain a warehouse or a staff to conduct supply chain operations can be satisfied with 3PL services. • A 3PL service provide gives higher performance on efforts such as shipping along with easy ability to scale its operations. In a situation where sudden requirement occurs for publishing company to ship extra copies of a popular title, comparatively a fulfillment center can readily meet the demand. Make an Enquire to buy This Report @ https://www.adroitmarketresearch.com/contacts/enquiry- before-buying/122 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

4. Adroit Market Research Third Party Logistics Market Size and Share Third Party Logistics Market Size and Share- -Global Forecast to 2025 Regional Dynamics Global Forecast to 2025 • In the forecast period, the competitive dynamics in the third party logistics industry is anticipated to change drastically with the stepping budding entrepreneurs into the market. Most of the companies of 3PL are based out in North America region as well as in the Europe. However, there is still significant presence of market players in the developing regions such as Europe and Asia-Pacific backing with the vigorous economic growth as well as escalating retail enactment because of the upsurge disposable income and rising preference towards a non-asset based business models from manufacturing companies. Moreover, China, UK, France, Brazil, Japan and U.S. hold strong third party logistics market share. Prevalent Steps from Well-Known Industry Giants • In reference to the statement from, Evan Armstrong, president of the consultancy Armstrong & Associates, it’s concluded that “the 3PL market is still ripe for equity investment. The one outstanding example of this was when Aerospace, Transportation and Logistics [ATL Partners] bought a controlling share of Pilot Freight Services late last year,” he says. He stated that, “We also anticipate more M&A activity as 3PLs strive to expand geographic scale and provide integrated solution offerings. At the same time, technological changes are having a dramatic impact on 3PL operations.” He also added, “This year’s electric logging devices [ELD] mandate could also be a boon for shipment tracking and carrier capacity monitoring information.” • High-profiled firm like projec44, MacroPoint and others got the potential to drive the enhanced transit status data and carrier capacity information, from transportation providers to prominent logistics companies. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

5. Adroit Market Research Third Party Logistics Market Size and Share Third Party Logistics Market Size and Share- -Global Forecast to 2025 Global Forecast to 2025 By Region • North America • US • Canada • Europe • Germany • France • UK • Asia Pacific • China • India • Japan • Middle East & Africa • UAE • South Africa • Central & South America • Brazil • Mexico +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

6. Adroit Market Research About Us About Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and manymore. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com