Press release
New Comprehensive Report on Contract Logistics Market to Witness an Outstanding Growth during 2019 – 2025 with Top Players Like Deutsche Post AG , DB Schenker , Hitachi Transport System, XPO Logistics, Ryder System, CEVA Logistics , Neovia Logistics Ser
The global contract logistics market accounted for US$ 203.9 Bn in 2017 and is expected to grow at a CAGR of 5.0% over the forecast period 2018-2025, to account for US$ 298.8 Bn by 2025.Logistic industry can be considered as the wheel of globalization and competitive product availability for the increase in the number of global consumers. Asia-Pacific is the fastest emerging region owing to the economic development and dynamic business environment. Currently, Asia-Pacific is leading the global contract logistics market overtaking Europe. The growth in this region is attributed to the rising retail enactment, strong economic growth, and increase in disposable income.
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Major Key Players of this Report
Deutsche Post AG , DB Schenker , Hitachi Transport System, XPO Logistics, Ryder System, CEVA Logistics , Neovia Logistics Services, UPS Supply Chain Solutions
Moreover, the increase in urbanization and growth in middle-class population have supported the domestic consumption of fast-moving consumer goods, household items, and luxury items. As a result, an increase in retail sales in Asia-Pacific is augmenting the growth of contract logistics market in the region. Rapid growth in the e-commerce sector and rise in foreign direct investment is also attracting numerous non-asset entrants and existing players in this region and further drive the contract logistics market.
Swift growth of manufacturing industry and their focus laid on core competencies, burgeoning needs for achieving cost efficiency, task optimizations & technological integrations pertaining to supply chain activities, and benefits in managing seasonal variations of products are projected to drive the market for contract logistics market during the forecast period. However, regional diversities and the complex nature of the supply chain may negatively impact the market for contract logistics in the near future. Moreover, the factor such as the unprecedented growth rate of the e-commerce sector and enhanced focus on risk management in the supply chains and increasing collaborations are projected to generate remarkable growth opportunity for the industry players. These factors drive the demands for efficient service and further fuel growth of contract logistics market.
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Table of Contents
1. INTRODUCTION
2. KEY TAKEAWAYS
3. CONTRACT LOGISTICS MARKET LANDSCAPE
4. CONTRACT LOGISTICS MARKET - KEY INDUSTRY DYNAMICS
5. CONTRACT LOGISTICS - GLOBAL MARKET ANALYSIS 6. CONTRACT LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 -TYPE
7. CONTRACT LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 - BY SERVICE
8. CONTRACT LOGISTICS MARKET REVENUE AND FORECASTS TO 2025 - BY END-USER
9. GLOBAL CONTRACT LOGISTICS - GEOGRAPHICAL ANALYSIS
10. INDUSTRY LANDSCAPE
11. COMPETITIVE LANDSCAPE
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