Third Party Logistics (3pl) Market in India 2014-2018: Size, Share

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Executive Summary

With the consistent growth of the automotive, consumer retail, healthcare and other major industries, which depend on the services of third-party logistics (3PLs) to source and distribute their products and raw materials, the Indian 3PL market holds immense potential in the overall logistics industry.

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There have been some positive improvements in the logistics infrastructure in the recent past enabling the 3PL providers to offer integrated transportation and warehousing services and have better control and deliver better services.

The key trigger for the growth of 3PL market in India could be the introduction of Goods and Service Tax (GST). Currently the tax structure in India is very complex which requires manufacturers to pay a number of taxes; however, the introduction of GST is likely to reduce this tax burden. A number of factors that contribute to the market growth include rapid globalization, 100% FDI in cold chain segment and private equity investment. With the advent of foreign direct investment (FDI) in the retail sector in India, the logistics market is projected to register its positive effects in the long run. However, this market is faced with a number of challenges in the form of lack of transparency between 3PL providers and customers, and the different business processes followed by different industries.

Scope of the Report

The report titled Indian Third Party logistics (3PL) Market: Trends & Opportunities (2013-18) analyzes the sizing and growth of the 3PL market and also presents the market size and projects its future growth rate. The major trends observed in the Indian 3PL market have been assessed in this report....