Edison, NJ -- (SBWire) -- 05/12/2020 --A new independent 200 page research with title 'Global Contract Logistics Market Size study with COVID-19 impact, by Type (Outsourcing, Insourcing), by Service (Transportation, Warehousing, Packaging Processes and Solutions, Production Logistics, Aftermarket Logistics, Others), by End-User (Aerospace, Automotive, High-Tech, Pharma & Healthcare, Retail, Others) and Regional Forecasts 2020-2026' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like Asia Pacific, North America, Europe, Latin America and Rest of the World and important players/vendors such as Deutsche Post AG, XPO Logistics, Inc., Kuehne + Nagel International Ag, Ceva Logistics Ag, DB Schenker (Deutsche Bahn Ag) Etc. With n-number of tables and figures examining the Contract Logistics Market, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2026.
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Summary
Global Contract Logistics Market is valued approximately at USD 213 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2020-2026. Contract logistics is defined as the set of comprehensive processes that starts from production to distribution at the final point of sale. This means, contract logistics does not involve the process of transferring goods, as it is a broader course of action that integrates traditional logistics with supply chain management processes. It is the outsourcing of resource management tasks to a third-party vendor. These tasks include a variety of activities ranging from designing facilities, distributing and transporting goods to planning supply chains and managing inventory, and even offering specific aspects of customer service. The most vital benefit of contract logistics is cost savings, either in the form of time or equity, thus, reducing the need to assemble a costly infrastructure. Increasing e-commerce sector around the world, rise in demand for service integration & data management, and the inclination of manufacturers towards more flexible solutions are the few factors responsible for high CAGR of the market over the forecast period. For instance, as per the Shopify, a multinational e-commerce company based in Canada, the ecommerce sales were estimated almost $2.3 trillion in 2017 and is anticipated to grow to almost $4.5 trillion by 2021. This, in turn, is expected to accelerate the demand of contract logistics, thus contributing to the market growth around the world.
However, the production and distribution of goods & services has contracted due to COVID-19 crisis with China's manufacturing shutdown and unexpected recession conditions in North America and Europe. The excess of delayed orders, blank sailings and port calls have intensified volume pressures on the contract-based supply chain. The pandemic has generated a supply shock across the world that cause an acute disruption in supply chain, therefore hampering the demand of contract logistics. In addition, lack of direct oversight and dearth of skilled vendors are the few other factor hindering the market growth over the forecast period of 2020-2026.
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Major market player included in this report are:
Deutsche Post AG, XPO Logistics, Inc., Kuehne + Nagel International Ag, Ceva Logistics Ag, DB Schenker (Deutsche Bahn Ag), Hitachi Transport System, Ltd., Geodis, Neovia Logistics Services, LLC, UPS Supply Chain Solutions, Ryder System, Inc.
The detailed segments and sub-segment of the market are explained below:
By Type:
Outsourcing
Insourcing
By Service:
Transportation
Warehousing
Packaging Processes and Solutions
Production Logistics
Aftermarket Logistics
Others
By End-User:
Aerospace
Automotive
High-Tech
Pharma & Healthcare
Retail
Others
By Region:
North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
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Target Audience of the Global Contract Logistics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Contract Logistics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Contract Logistics Market Dynamics
3.1. Contract Logistics Market Impact Analysis (2018-2026)
Chapter 4. Global Contract Logistics Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Contract Logistics Market, by Type
5.1. Market Snapshot
5.2. Global Contract Logistics Market by Type, Performance - Potential Analysis
5.3. Global Contract Logistics Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Contract Logistics Market, Sub Segment Analysis
Chapter 6. Global Contract Logistics Market, by
....Continued
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