Third Party Logistics (3pl) Market Analysis, Market Size, Share, Regional Outlook, Growth, Trends, Competitive Scenario and Segment Forecasts from 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Third Party Logistics (3PL) Market Analysis, Market Size,

Share, Regional Outlook, Growth, Trends, Competitive

Scenario And Segment Forecasts From 2012 To 2020

Industry Insights

Increasing outsourcing of logistic operations by firms in order to concentrate on their core business

competencies is expected to drive the market over the forecast period. 3PL service providers help

reduce CAPEX, manage inventory, offer market opportunities, moderate risk, and support firms in

business actions.

Inventory management, warehousing, cross docking, freight forwarding and transportation are the

activities outsourced to a logistics service provider; these providers assist to understand a firms future

challenges and needs by leveraging their proficiency in supply chain operation, while exhibiting flexibility

and agility. Globalization has led to many organizations to outsource their logistics function owing to

increasing infeasibility to manage global supply chain process on their own.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Advent of Big Data and availability of industry-centric 3PL services are estimated to provide positive

avenues to market growth over the next five years. Growing occasions of outsourcing by wholesalers

and retailers due to less internal control to handle logistic challenges is anticipated to boost the 3PL

market over the forecast period. Increased implementation of Omni-Channeled distribution policies by

retailers leads to the growing popularity of online retailing.

Retailers depending on traditional mortar and brick channel have developed their distribution systems

to handle consumer demand. Using their proficiency, 3PL service providers help their retail partners to

locate and deliver products quickly to the customer, irrespective of...