Market Outlook : Third Party Logistics Market in Europe Grow at a CAGR of 3.06% by Revenue During the Period 2017-2021

Third-party logistics (3PL) service is a business process, through which companies outsource logistics and distribution functions to a specialized logistics service provider. It includes as transportation, warehousing, and freight and forwarding. A logistics service provider that provides these services is called a 3PL service provider.

Technavios analysts forecast the third-party logistics market in Europe to grow at a CAGR of 3.06% during the period 2017-2021.

Covered :
The report covers the present scenario and the growth prospects of the third-party logistics market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated from the outsourcing of various services such as transportation, warehousing and distribution, and others (inventory management, it services, management of call center and fulfilment operations, and supply chain network analysis and design).

Segments based on geography:
France
Germany
Italy
ROE
Spain
UK

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Technavio's report, Third Party Logistics Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
C.H Robinson
CEVA Logistics
DB Schenker Logistics
Deutsche Post DHL
Expeditors International of Washington
J.B. Hunt Transport
Kuehne + Nagel International
SNCF Logistics
TNT Express
UPS

Other prominent vendors
ACP Freight Services
Agility
Alkomtrans
APL Logistics
AWT Group
Baltic Logistics Group
BDP International

Key driver
Growing complexity of in-house logistics operations
For a full, detailed list, view our report

Key challenge
Limited use of IT
For a full, detailed list, view our report

Key trend
Emergence of big data
For a full, detailed list, view our report

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