Contract logistics is the subcontracting of resource organization tasks to a third-party company. Contract logistics companies handle activities such as scheming and planning supply chains, designing facilities, warehousing, moving and allocating goods, dispensation orders and gathering payments, handling record and even if certain aspects of customer service.
Global Contract Logistics System market is expected to grow from US$ 203.9 Bn in 2019 to US$ 298.8 Bn by 2025 at a CAGR of 5% between 2019 and 2025.
Global Contract Logistics examines key trends and changes in logistics operations and shippers’ businesses with a focus on real world impacts for the contract logistics market and contract logistics providers. The report takes a strategic and tactical look at the opportunities and threats changes such as deglobalization (Brexit, NAFTA renegotiation) and technologies (AI, blockchain) and vertical sector dynamics present to manufacturers, retailers and LSPs.
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key players: Agility, APL Logistics, CEVA, Damco, DB Schenker Logistics, DHL Supply Chain, DSV, Fiege Logistik, Kuehne + Nagel, Panalpina, Penske Logistics, Rhenus, Ryder, SNCF Logistics, Toll Global Logistics, UPS, XPO Logistics, Yusen Logistics.
It is important to stay abreast of logistics trends and know more about how 3PLs are future-proofing their strategies to continue to support their clients, particularly in light of recent environmental legislation and technological advancements affecting the industry.
Geographically, the market is currently dominated by Asia-Pacific and Europe, however, the market is expected to be in favor of Middle East & Africa and North America, which is anticipated to witness remarkable growth rate owing to the increase in demand for service integration, data management, and inclination of manufacturers towards more flexible solutions. Contract logistics is becoming essential for retailers owing to growing e-commerce worldwide.
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The report covers market dynamics affecting the contract logistics market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the contract logistics market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the contract logistics market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
The study objectives of this report are:
- To study and forecast the market size of Contract Logistics in global market.
- To analyze the global key players, SWOT analysis, value and global market share for top players.
- To define, describe and forecast the market by type, end use and region.
- To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
- To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
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