We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
Back
2/4 steps

How Many Pages?

Back
3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Back
Get Offer

Third Party Logistics (3PL) Market Size Worth USD 925.31 Billion By 2020: Grand View Research, Inc. Essay

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

The global 3PL market is expected to reach USD 925.31 billion by 2020, according to a new study by Grand View Research, Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period.To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/third-party-logistics-marketInfeasibility in managing geographically dispersed supply chain operations as a result of increased globalization has led to several companies outsourcing their logistics function.

Emerging trends such as Big Data and availability of industry-tailored 3PL services are expected to drive the market over the forecast period. Lack of internal control for addressing logistical challenges has led to increased outsourcing by wholesalers and retailers, thereby providing a fillip to the 3PL industry.To request or view other reports of this category, click the link below:
http://www.grandviewresearch.com/industry/communication-servicesFurther key findings from the study suggest:
• DCC is expected to be a fast growing segment of the trucking and distribution industry, with several prominent retailers such as Wal-Mart, Target, and Kroger catering to the service in order to increase truck capacity and reduce costs.

Don't use plagiarized sources. Get Your Custom Essay on
Third Party Logistics (3PL) Market Size Worth USD 925.31 Billion By 2020: Grand View Research, Inc.
Just from $13,9/Page
Get custom paper

DTM, which involves value-added transportation management services and freight brokerage, is expected to grow consistently throughout the forecast period. Refrigerated grocery and pharmaceutical applications are expected to emerge as the major growth areas for value-added warehousing services.
• Asia Pacific accounted for over 30% of the market share in 2013, which can be primarily attributed to a surge in warehousing and distribution facilities in China, India, Indonesia, Singapore, and Thailand. The North American 3PL market is expected to witness high growth throughout the forecast period owing to…

Cite this Third Party Logistics (3PL) Market Size Worth USD 925.31 Billion By 2020: Grand View Research, Inc. Essay

Third Party Logistics (3PL) Market Size Worth USD 925.31 Billion By 2020: Grand View Research, Inc. Essay. (2018, Jul 11). Retrieved from https://graduateway.com/third-party-logistics-3pl-market-size-worth-usd-925-31-billion-by-2020-grand-view-research-inc/

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page