Technavio has been monitoring the 3PL market in Europe since 2014 and the market is poised to grow by USD 26 billion during 2018-2022, progressing at a CAGR of almost 3% during the forecast period. Request free sample pages
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200214005186/en/
Technavio has announced its latest market research report titled 3PL market in Europe 2018-2022 (Graphic: Business Wire)
Read the 124-page report with TOC on "3PL Market in Europe Analysis Report by Service (Transportation, Warehousing, and Others), End-Users (Consumer goods, Manufacturing, Healthcare, Apparel, Automobile, and Others), and the Segment Forecasts, 2018-2022".
The market is driven by the complexity of supply chain networks. In addition, the increasing adoption of blockchain is anticipated to boost the growth of the 3PL market in Europe.
Increasing complexities associated with the management of supply chain networks have compelled companies to look for 3PL services. Outsourcing transportation, warehousing, customs brokerage, packaging, and other processes to 3PL vendors allows companies to focus on their core competencies. In addition, several companies are focusing on expanding their geographical footprint, product portfolios, and production capacities. This will further increase the demand for 3PL services for complex functions such as procurement of raw materials, transportation and warehousing, and follow up with deliveries. Therefore, the increasing complexity of supply chain networks is expected to fuel the growth of the 3PL market during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five 3PL Market Companies:
C.H. Robinson operates its business through segments such as North American Surface Transportation, Global Forwarding, Robinson Fresh, and All Other and Corporate. The company offers a wide range of 3PL services. Some of its key offerings include Road freight services, Ocean shipping, and Air freight.
CEVA Logistics operates its business through segments such as Freight Management and Contract Logistics. The company offers a wide range of 3PL services. Some of its key offerings include Aftermarket logistics, Inbound logistics, Outbound logistics, and Manufacturing support.
DB Schenker operates its business through segments such as European land transport, Air and ocean freight, and Contract Logistics/SCM. The company offers a wide range of 3PL services. Some of its key offerings include Production logistics, Fulfillment logistics, E-commerce logistics solutions, and Value-added services.
Deutsche Post operates its business through segments such as Post eCommerce Parcel, DHL Express, DHL global forwarding, Freight, and Supply chain. The company offers a wide range of 3PL services. Some of its key offerings include Freight transportation, Warehousing and distribution, Customer resource area, and Green logistics solutions.
XPO Logistics operates its business through segments such as Transportation and Logistics. The company offers a wide range of 3PL services. Some of its key offerings include Freight brokerage, Global forwarding, and Intermodal.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Technavio has segmented the 3PL market based on the service and end-users.
3PL Service Outlook (Revenue, USD Billion, 2018 2022)
3PL End-Users Outlook (Revenue, USD Billion, 2018 2022)
- Consumer goods
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Related Reports on Industrials are:
Global Logistics Market Global logistics market by geography (APAC, Europe, MEA, North America, and South America) and end-user (consumer goods, automotive, food and beverage, healthcare, and others).
Global Cross-border E-commerce Logistics Market Global cross-border e-commerce logistics market by geography (APAC, Europe, MEA, North America, and South America) and service (transportation, warehousing, and others).
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200