IT Industry Today
evaluates challenges in 3PL market with innovation in technology, with +4% CAGR in terms of size for the worldwide channels, along with region-specific channels in the global region.
A new market research report, titled “3PL Market ” has been included to our repository. 3PLs are provided by various websites that distribute online content provided by content developers. Third Party Logistics (3PL) is the function by which a manufacturer outsources activities related to logistics and distribution. Often a 3PL company can go beyond just logistics and distribution and can provide specialized services such as inventory management, cross-docking, door to door delivery and packaging of products.
The global 3PL market is also driven by the increasing demand from the ecommerce sector thanks to the latter’s steady growth in recent years. This is another major driver for the global 3PL market, particularly in developing countries, where the ecommerce sector stands to grow handsomely in the coming years. With increasing popularity of smart technology these days, 3PL have thus become prominent creators of digital information. Ongoing industrial advancements and the persistent penetration of Internet in the remote corners of the world are also responsible for the noteworthy growth of the Global 3PL Market.
3PL Market (Third Party Logistics Market) is expected to garner $1,109 billion by 2022, registering a CAGR of +4% during the forecast period 2018-2022.
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Key Players includes Netflix, Apple, Google, Blinkbox, KDG, LoveFilm, DIRECTV, Hulu, and Comcast. Time Warner Cable, UPC Broadband, YouTube, Envivio, British Sky Broadcasting Group, Dish Network, and Verizon FIOS were also on the list.
The 3PL market growth in Asia Pacific (APAC) region is gaining momentum and is expected to grow at the highest rate in the coming years. Rising awareness can be attributed to continuous increase in companies' focus on improving their customer service to drive competitive differentiation and revenue growth. The presence of a large number of manufacturing companies in countries such as Japan, China and India will be the key factor encouraging the growth of the Asia Pacific 3PL market. The emerging online communication that both retailers and consumers access on regular basis is generating, even more data for merchants to store.
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Table of Content:
3PL Market Research Report 2018-2023
Chapter 1: 3PL Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: 3PL Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: 3PL Market Effect Factors Analysis
Chapter 12: 3PL Market Forecast
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