Third Party Logistics (3PL) Market Size ,Revenue, Share Global Industry Demand And Forecast 2025 : Grand View Research Inc.
San Francisco, 8 April 2019: The Report Third Party Logistics (3PL) Market Size, Share & Trends Analysis Report By Transport (Roadways, Railways, Waterways, Airways), By Service, By End-use, By Region, And Segment Forecasts, 2014 – 2025 The global Third Party Logistics (3PL) Market is expected to reach USD 1.24 trillion by 2025, according to a new report by Grand View Research, Inc. The increasing outsourced-logistics functions availed by middle market companies to address their logistics challenges, are expected to positively impact the industry growth. The domestic and global markets for outsourced-logistics services are continuously evolving toward advanced services and cloud-based technologies. The diligence related to logistics costs has led to an increased focus on the key concerns such as supply chain sustainability and security. Lowering of inventory costs is becoming a norm in the automotive and retail sectors, which is providing ample growth opportunities for 3PL