October 2019
BWC19315

125
global contract logistics market bwc19315
Global Contract Logistics
Market: Overview
The Global Contract Logistics market is
estimated to grow at a significant rate during the forecast period 2019-2025.
Contract Logistics is the process of outsourcing resource management services
through 3PL. Through contract logistics, companies manage the logistics
process, such as packaging, warehousing, and distribution. Contract logistics
is useful for any organization for managing their whole supply chain processes
such as devising and planning supply chains, warehousing, transporting and
distributing goods, processing orders and collecting payments, managing
inventory, and customer service. With increasing globalization and ease of
trade, the global Contract Logistics Market is expected to grow significantly
in the upcoming period.
Also, the surge in the
healthy growth of e-commerce, growing demand for distribution solutions, and
the ongoing trend of greater outsourcing are other factors anticipated to
accelerate the growth of the market in the upcoming years. Moreover, the
massive growth of manufacturing industry coupled with their focus laid on core
competencies, increasing needs for achieving cost efficiency, task
optimizations & technological integrations pertaining to supply chain
activities, and benefits in managing seasonal variations of products will
contribute to the growth of the Contract Logistics market in the upcoming
years. The rise in urbanization and evolution in the middle-class population,
coupled with the increase in disposables incomes, which has increased their
spending on fast-moving consumer goods, household items, and luxury items, will
fuel the growth of the Contract Logistics market in the forecast period.
Furthermore, the rapid
growth in demand for Contract Logistics in industries such as healthcare,
retail, and food industry are expected to escalate the global Contract
Logistics in upcoming years. Also, increased utilization of contract logistics
processes in various companies for managing their logistics operations such as
network analysis, mode network optimization, warehousing, management of vendor
compliance, and other logistics operations is expected to reinforce the Global
Contract Logistics market over the forecast period.
Contract Logistics Market
Type Analysis
Based on Type, the
Contract Logistics market is categorized into Outsourcing and Insourcing.
Outsourcing segment will lead the market owing to its growing business across
the globe, coupled with cost-saving, customer service improvements, access to
global capability, increased flexibility, and benefits of economies of scale.
The insourcing segment is driven by functions such as increasing quality
control, cost savings in the supply chain, and tax incentives in specific
regions.
Contract Logistics Market
Services Analysis
Based on Services, the
Contract Logistics market is segmented into Transportation, Warehousing,
Packaging Processes and Solutions, Distribution, Production Logistics, and
Aftermarket Logistics. The Transportation segment will dominate the market due
to its functions related to distributing raw materials, semi-finished products
and finished products across the globe through various channels. Also, rapid
urbanization and improving global economies will promote the transportation
segment in the Contract Logistics market. Warehouse segment will trigger growth
by its functions, such as storing finished products, fulfilling orders, freight
forwarding and also protecting & shipping of products.
Contract Logistics Market
End-User Industry Analysis
Based on End-User
Industry, the Contract Logistics market has been classified into Aerospace,
Automotive, Consumer, High-Tech, Industrial, Pharmaceuticals & Healthcare,
and Retail. The retail segment will lead the market on account of increasing
consumer spending, coupled with the rise in disposable incomes. Additionally, a
large population of millennials and rapid urbanization are expected to
strengthen the food industry, which will fuel growth in the retail sector.
The consumer
segment will boom by the growing use of electronic products coupled with an
increase in income levels and changing lifestyles.
Contract Logistics Market: Regional Insights
Geographically, the
Contract Logistics Market has been segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. The Asia Pacific is
anticipated to dominate the Global Contract Logistics market over the forecast
period on account of the rapid industrialization, supporting government
regulations such as foreign direct investments and overall economic
development. Europe is driven by the presence of several industries, rapidly
transforming the automotive industry along with government bodies’ support with
the General Data Protection Regulation (GDPR) and other such regulations.
Global Contract Logistics
Market Competitive Landscape
Companies such as
Deutsche Post AG, GEODIS, DB Schenker, Hitachi Transport System, Ltd., Kuehne +
Nagel International AG, XPO Logistics, Inc., Ryder System, Inc., CEVA Logistics
AG, Neovia Logistics Services, Ryder System and UPS Supply Chain Solutions are
the key players in the global Contract Logistics market.
Scope of the Report
Attribute |
Details |
Years
Considered |
Historical data – 2015-2017 Base Year – 2018 Forecast –
2019 – 2025 |
Facts Covered |
Revenue in USD Million/Billion |
Market Coverage |
U.S, Canada, Germany, UK,
France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, South
Korea UAE, South Africa, Saudi Arabia. |
Product/Service Segmentation |
By Type, By Services Function, By End-user Industry and By
Region |
Key Players |
Deutsche
Post AG, GEODIS, DB Schenker, Hitachi Transport System, Ltd., Kuehne + Nagel
International AG, XPO Logistics, Inc., Ryder System, Inc., CEVA Logistics AG,
Neovia Logistics Services, Ryder System and UPS Supply Chain Solutions and others |
By Component
Ø Solution
Ø Services
By Business Function
Ø Accounting and Finance
Ø Sales and Marketing
Ø Inventory and Order Management
Ø Human Capital Management
By Enterprise Size
Ø Large Enterprises
Ø Small & Medium Enterprises
By End-User Industry
Ø BFSI
Ø Government
Ø Healthcare
Ø Retail
Ø Manufacturing
Ø IT & Telecom
Ø Transportation & Logistics
Ø Media & Entertainment
The objective of the Study:
Ø To analyze and forecast the market size of the Global Contract
Logistics Market, in terms of value.
Ø To examine the market segmentation carefully and estimate the
market size, in terms value, based on the region by segmenting Contract
Logistics market into five regions, namely, North America, Europe, Asia
Pacific, Middle East, and their leading countries.
Ø To outline, categorize and project the Global Contract Logistics
market based on Type, Services and End-User Industry.
Ø To examine competitive developments like technological
advancement, services, and regulative framework within the global Contract
Logistics Market.
Ø To highlight the impact analysis of the factors, affecting the
market dynamics such as drivers, restraints, opportunities, and challenges.
Ø To strategically profile the key players and comprehensively
analyze their market shares along with detailing the competitive landscape for
market leaders.
Business Questions Answered by the Report
Ø How will the market drivers, restraints, and opportunities
affect the market dynamics?
Ø What will be the market size in terms of value and volume and
market statistics with a detailed classification?
Ø Which segment dominates the market or region, and which one will
be the fastest-growing, and why?
Ø Who are the key players in the market, and what is their share?
Ø What is the strategy adopted by key players, and how does it
affect the existing and new players?
Customization Scope for the Client
Client satisfaction is our first and last priority, and that is
why BlueWeave Consulting offers customization as per client’s specific needs.
The following customization options are available for the report:
Ø Additional Company Information
Ø Detail Analysis of five additional companies
Ø Additional country analysis
Ø Detailed segment analysis
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