Global Contract Logistics Market Size, By Type (Outsourcing and Insourcing), By Services (Transportation, Warehousing, Packaging Processes and Solutions, Distribution, Production Logistics, and Aftermarket Logistics), By End-user Industry (Aerospace, Automotive, Consumer, High-Tech, Industrial, Pharmaceuticals & Healthcare, and Retail), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trends Analysis, Market Competition Scenario and Outlook, 2015-2025
- Published Date: October 2019
- Report ID: BWC19315
- Available Format: PDF
- Page: 125
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
Historical data – 2015-2017
Base Year – 2018
Forecast – 2019 – 2025
Revenue in USD Million/Billion
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, South Korea UAE, South Africa, Saudi Arabia.
By Type, By Services Function, By End-user Industry and By Region
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 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 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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