Fourth Party Logistics Market Forecasted to cross US$ 84.17 Bn by 2027

The global fourth party logistics market is accounted to US$ 54.06 Bn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 - 2027, to account to US$ 84.17 Bn by 2027.

Fourth Party logistics Market is experiencing steady growth in the forecast period on account of the adoptions of better and advanced logistics solutions. The continuous globalization, tough scenarios for retailers and other distributors came into existence, and thereby, use of value-added supply chain services among retail industries is gaining high momentum and is expected to propel entire fourth party logistics market. Need to manage entire processes beginning from a purchase order, warehouse receipt process, and distribution center to store logistics, need to manage complete logistics is required. The prominent e-commerce companies represents their lead logistic providers by keeping and maintaining overall supply chain proficiently in the fourth party logistics market. From many years, a significant portion of retailers uses logistic services to handle packaging, warehousing, transportation, and fulfillment. With a boom observed in the e-commerce sector, the retailers create parallel supply chains to fulfill both online and physical locations demand. The fourth party logistics provides strategic vision and greater visibility of inventory which enable retailers to allocate stocks and meet the customer's need. These services assist the retailers to effectively manage their operations effectively and efficiently, which is forecasted to bolster fourth party logistics market.

 Request Sample Copy @https://www.premiummarketinsights.com/sample/TIP00004547 

The e-commerce industry sustained its growth by continuous modify the supply chain. The expertise of supply chain puts extra efforts on solutions to make last-mile delivery efficient such as using crowdsourcing deliveries, click-and-collect technology, and pickup lockers. Increase in customers' expectations is putting pressure on the shippers to reconsider last mile delivery in the supply chain. Through this, it would ease the entry of new players into the market and would provide platform to logistics provider to cater maximum number of players. Also, the large e-commerce players focus on creating demand from their online websites and then fulfill the orders, using their supply chain and logistics functions, which was earlier outsourced to the third parties. Now the shippers concentrate on building utmost resilient supply chains to gain and retain the carrier capacity at the minimal costs. Such growth in retail and e-commerce industry is anticipated to gain traction endlessly in coming times which have a significant impact on the fourth party logistics market.

Fourth party logistics market by end user is segmented into aerospace and defense, automotive, consumer electronics, food and beverage, industrial, healthcare, retail, and others. The fourth party logistics in retail, e-commerce, and online business also helps in replenishing the store with its forward-deployed inventory in small stores, as these lags in having additional space to keep their inventory. Additional services offered by the logistics players is anticipated to have an positive impact on brick and mortar business and therefore is projected to accelerate growth of fourth party logistics market.

Request for Discount @ https://www.premiummarketinsights.com/discount/TIP00004547 

Companies Mentioned:

1. Allyn International Services, Inc.

  1. CEVA Logistics AG
  2. DAMCO
  3. DB Schenker
  4. Deutsche Post AG
  5. GEFCO Group
  6. GEODIS
  7. LOGISTICS PLUS Inc.
  8. UPS Supply Chain Solutions (United Parcel Service, Inc.)
  9. XPO Logistics Inc.

Table of Contents:

  1. INTRODUCTION
  2. KEY TAKEAWAYS
  3. RESEARCH METHODOLOGY
  4. FOURTH PARTY LOGISTICS MARKET LANDSCAPE
  5. FOURTH PARTY LOGISTICS MARKET - KEY INDUSTRY DYNAMICS
  6. FOURTH PARTY LOGISTICS - GLOBAL MARKET ANALYSIS
  7. GLOBAL FOURTH PARTY LOGISTICS MARKET ANALYSIS - BY TYPE
  8. FOURTH PARTY LOGISTICS MARKET REVENUE AND FORECASTS TO 2027 –
  9. FOURTH PARTY LOGISTICS MARKET -GEOGRAPHICAL ANALYSIS
  10. INDUSTRY LANDSCAPE
  11. KEY COMPANY PROFILES
  12. APPENDIX

For more information about this [email protected]https://www.premiummarketinsights.com/reports-tip/fourth-party-logistics-market 

Contact Info:
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider

Posted by on Wednesday May 15 2019, 9:49 AM EDT. All trademarks acknowledged. Filed under Business Services, Construction, Featured Press Release, Food, Manufacturing & Construction. Comments and Trackbacks are open. Follow responses: RSS 2.0

Leave a Reply

News Categories

Featured Press Releases

Log in