Lewes, DE -- (SBWire) -- 06/26/2015 --Report forecast the 3PL market in Europe to grow at a CAGR of 2.87% over the period 2014-2019.
3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics such as transportation, warehousing, and freight and forwarding. A service provider that provides these services is called a 3PL provider. Often, 3PL providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. They also provide strategic and operational value to many shippers worldwide. 3PL uses new and innovative SCM to enhance efficiency.
This report covers the present scenario and the growth prospects of the 3PL market in Europe for the period 2015-2019. To calculate the market size, this report covers revenue generated by 3PL providers. The report also presents the vendor landscape and a corresponding detailed analysis of the top 11 vendors in the European 3PL market. To provide a ranking of the leading vendors in the market, the report considers the revenue generated by the vendors of 3PL services. In addition, it discusses the major drivers that influence the growth of the market. It also summaries the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.
3PL Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also summaries the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.
The 3PL market in Europe is segmented on the basis of revenue generated from different European countries such as:
- France
- Germany
- Italy
- Spain
- UK
According to the report, the EU and other European countries have taken key initiatives to develop roads and transport services in Europe, thus triggering the growth of the 3PL market in Europe. In addition, Germany and France have taken initiatives in railway infrastructure development. In 2009, the European Commission in association with the Directorate-General for Energy and Transport of Germany launched an e-freight service in Germany, which is an integrated ICT application capable of tracking goods in the EU.
Key players in the 3PL market in Europe: C.H. Robinson Worldwide, CEVA Logistics, DB Schenker Logistics, Deutsche Post DHL, Expeditors International of Washington (Expeditors), J.B. Hunt Transport, Kuehne + Nagel International, SNCF GEODIS, TNT Express, United Parcel Service (UPS) and UTi Worldwide
Other Prominent Vendors in the market are: ACP Freight Services, Agility, Alkomtrans, APL Logistics, AWT Group, Baltic Rail, BDP International, BLS, Bulk Logistics Solutions, Czech Logistics Alliance, Dachser, Damco, DAN-CZECH, DEIJ Transport, DSV, FedEx Supply Chain, FERCAM, FM Logistic, Gondrand, H.P. Therkelsen, Hansa-express Logistics, Hub Group, Huktra, IMPERIAL Logistics International, Ital Logistics, Jawimex Logistics, John G Russell Transport, Jordon Freight, Karakus International Transportation, KLG Europe, LCL International, LKW WALTER International, LogServ, Mainfreight, Menlo Worldwide Logistics, Move Intermodal, Neovia Logistics Services, NFI, Norbert Dentressangle, OGRIS Logistics, Panalpina, Paolli, Rhenus, RJ International Freight, Rob Masters Specialist Transportation, Ryder, Sankyu, Schneider Logistics, STEF, VECCHI ZIRONI, VTG AG, Warrant Group, Werner Enterprises Dedicated and Logistics and Ziegler Group
Market Driver
- Growing complexity of in-house logistic operations
- For a full, detailed list, view our report
Market Challenge
- High operational costs and competitive pricing
- For a full, detailed list, view our report
Market Trend
- Increase in M&A
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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 121 pages, "3PL Market in Europe 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Logistics Market in Europe: An Overview, 3PL Market in Europe, Country-wise Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Analysis of M&A in Global 3PL Market, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/3pl-market-europe-2015-2019
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