The Insight Partners offers a latest published report on Fourth Party Logistics Market 2019 – Global Analysis and Forecasts 2027 will help Major Players and the new entrants to understand scrutinize the market in detail. This report focuses on the key global Fourth Party Logistics Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.

The global fourth party logistics market 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.

It has been observed that regional demographics have also played a crucial role in the growth of the 4PL services market. As an example, the 4PL adoptions is observed by the retail sector, which in-turn has propelled due to the advent of e-commerce. As APAC region boasts of more than one-third of the global population, the market attractiveness for e-commerce industry is very high in the region. Further, developing economies and rising disposable incomes with individuals have accentuated further the growth in e-commerce activities. Rising demand diversities on account of diverse demographics observed in the region contributes to the supply chain complexities, thus requiring the needs for 4PL services to be deployed by the shipping companies.

The key companies operating in the field of fourth party logistics that are profiled in the report include Allyn International Services, Inc., United Parcel Service of America, Inc., GEFCO Group, XPO Logistics, DHL Group, DB Schenker, DAMCO, LOGISTICS PLUS Inc., GEODIS, and CEVA Logistics among others. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.

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The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.

Asia is home for nearly 3.5 Bn people, and presently, GDP per capita is 6,799 USD which is expected to grow. There are pleasant e-commerce markets within Asian countries such as China, Japan, and India. Also, count of users using online websites for shopping is projected to increase by 2021. This represents 53% of the total population. Such growing internet of users towards e-commerce sector for fashion, electronics, and other products would help the industry to contribute high portion in GDP. Moreover, many of Asia’s countries holds a leading position in the world of logistics such as China, Taiwan, Japan, Hong Kong, South Korea, and Singapore. Growing e-commerce industry provides positive opportunities to the 4PL providers across Asia.

The report segments the global fourth party logistics market as follows:

Global Fourth Party Logistics Market – By Type

  • Synergy Plus Operating Model
  • Solution Integrator Model
  • Industry Innovator Model

Global Fourth Party Logistics Market – By End-User

  • Automotive
  • Healthcare
  • Food and Beverage
  • Consumer Electronics
  • Aerospace and Defense
  • Retail
  • Industrial
  • Others

The report analyzes factors affecting Fourth Party Logistics Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the Fourth Party Logistics Market in these regions.

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Posted by on Thursday December 05 2019, 10:59 PM EDT. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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