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Third-party logistics market is experiencing a high growth throughout the globe, driven by growth in manufacturing, automotive, e-commerce, and other industries. As these industries require proper transportation, warehouse, packaging & labeling, inventory management, freight forwarding, and many more services to ensure on-time delivery of goods and services. Therefore, the scope for third-party logistics service providers is gaining a high momentum among diversified industries to help the companies in achieving their predetermined goal. The rise in demand for reducing overall operational cost & focus on managing timely delivery, increase in focus of manufacturing companies on reducing assets & emphasize on core business, and benefits in managing seasonal variations of products are boosting the third-party logistics market over the years. These are some of the factors which help to drive the third-party logistics market during the forecast period.
Some of the key players operating in the third party logistics market includes Deutsche Post AG, Nippon Express Co., Ltd., C.H. Robinson Worldwide, Inc., Kuehne + Nagel International AG, XPO Logistics, Inc., DB Schenker, DSV A/S, Geodis, Sinotrans Co., Ltd., and UPS Supply Chain Solutions among others.
The report focuses on an in-depth segmentation of third-party logistics market based on the mode of transport, services, end-user, and country. Geographically, the third-party logistics market report covers trends and opportunities of South East Asia region including Thailand, Indonesia, Philippines, Vietnam, Malaysia, Singapore, and other countries. By end user, other end users such as manufacturing and technology industries are accounted for the largest share in the third party logistics market in 2017. However, Automotive followed by healthcare is projected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of South East Asia third-party logistics market with detailed market segmentation. Also, it analyzes the current market scenario of third-party logistics market and forecasts the market till 2025. The report covers market dynamics affecting the third-party logistics market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the third party logistics market with respect to South East Asia countries. The report also includes the detailed company profiles of the key players in the third party logistics market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
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