Lewes, DE -- (SBWire) -- 05/06/2016 --Report forecast the logistics market in Europe to grow at a CAGR of 6.81% during the period 2016-2020.
Logistics is a business process that involves the management and movement of goods and services from the point of origin to the point of consumption. It is a core part of supply chain management (SCM) and includes different services such as freight forwarding and multimodal transport through air, ship, truck, and rail. In addition, it also provides customs brokerage, warehousing and storage, and tracking and tracing of freight goods services.
The report covers the present scenario and the growth prospects of the logistics market in Europe for the period 2016-2020. To calculate the market size, the report takes into account the revenue generated by the vendors providing transportation, warehousing, and other VAS as part of outsourced services.
The market is divided into the following segments based on type of logistics model:
- 2PL
- 3PL
- 4PL
According to the report, there are many drivers contributing to the growth of the market. One of the main factors that impact the market affirmatively is the emerging e-commerce market. The growing e-commerce market in Europe, which primarily includes online shopping, has experienced an increase in the demand for efficient logistics services for the shipment of products sold through them.
Further, the report states that particular challenges restrict the growth of the logistics market in Europe. One such barrier is the high cost of operation and competitive pricing. With the increase in the demand for value-added services (VAS) and specialized professional supply chain solutions in the logistics market, the industry is becoming highly competitive regarding pricing of services. Fuel prices are also rising, further contributing to the cost of operations.
Logistics Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Logistics Market in Europe: DB Schenker, Deutsche Post DHL, Kuehne + Nagel, SNCF, and UPS.
Other Prominent Vendors in the market are: ACP Freight Services, Agility, Alkomtrans, APL Logistics, AWT, Baltic Rail, BDP International, BLS, Bulk Logistics Solutions, Czech Logistics Alliance, Dachser, Damco, DAN-CZECH SPECIALTRANSPORT, DEIJ Transport, DSV, Expeditors International, FedEx Supply Chain, FERCAM, FM Logistic, Gondrand, hansa-express logistics, Hub Group, Huktra, IMPERIAL Logistics International, Ital Logistics, J.B. Hunt Transport Services, Jawimex Logistics, Jordon Freight, Karakus International Transportation, KLG Europe, LCL International, LKW WALTER Internationale Transportorganisation, Mainfreight, Menlo Worldwide Logistics, Move Intermodal, Neovia Logistics Services, NFI, Norbert Dentressangle, OGRIS Logistics, Paolli, Rhenus, RJ International Freight, Rob Masters Specialist Transportation, Ryder, Schneider Logistics, STEF, TNT Express, VECCHI ZIRONI, VTG, Warrant Group, Werner Enterprises Dedicated and Logistics, and Ziegler Group.
Market driver
- Emerging e-commerce market
- For a full, detailed list, view our report
Market challenge
- High cost of operation and competitive pricing
- For a full, detailed list, view our report
Market trend
- Dominance of integrated service providers
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 62 pages and 30 Exhibit "Logistics Market in Europe 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type of logistics model, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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