Global 3pl Market Size, Emerging Trends and Overview 2016-2020: Hexa Reports

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Global 3PL Market Share, Size, Emerging Trends and

Growth, Global Insights, Analysis and Forecasts 2016-2020

3PL is a business process through which companies outsource their logistics and distribution functions to

a service provider that specializes in handling logistics functions such as transportation, warehousing,

and freight and forwarding. A logistics service provider that provides these services is called a 3PL

provider.

Often, 3PL providers go beyond logistics and provide value-added services like inventory management,

cross-docking, door-to-door delivery, and packaging of products. They also provide strategic and

operational value to many shippers worldwide. This logistics improves effectiveness by introducing new

and innovative SCM.

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Technavio's analysts forecast the global 3PL market to grow at a CAGR of 5.52% during the period 20162020.

Covered in this report

The report covers the present scenario and the growth prospects of the global 3PL market for 20162020. To calculate the market size, this report covers revenue generated by logistics service providers.

The market is divided into the following segments based on geography:

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APAC

Europe

North America

South America

ROW

Technavio's report, Global 3PL Market 2016-2020, has been prepared based on an in-depth market

analysis with inputs from industry experts. The report covers the market landscape and its growth

prospects over the coming years. The report also includes a discussion of the Key vendors operating in

this market.

Market driver

 Advances of e-commerce in retail sector

 For a full, detailed list, view our report

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Market challenge

 High operational cost and...