Third-party Logistics Market - Global
Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2018–2026
Third party logistics (TPL or 3PL), is a service provider outsourced by a company in a supply chain
management or logistic. Increasing globalization for trade offers manufacturing companies with a
worldwide networking platform. Companies majorly focus on keeping up with their productivity,
and thus rely on third party logistics to suffice their transportation and packaging. This in turn, has
driven growth of the market for third part logistics. Growing e-commerce industry is one of the
major drivers for growth of the global third party logistics market. For instance, in 2016, the global
B2C ecommerce industry generated revenue of US$ 2.1 trillion, from US$ 1.8 trillion in 2015, and
is expected to reach up to US$ 2.4 trillion by 2017. Several e-commerce companies that have
adopted the online platform to sell their products do not have their own logistics services. This also
contributes to the increased demand for TPL. Increasing number of startups, generally are unable to
afford their own logistics services, thus increasing the demand for third party logistics. Moreover,
the convenience of shopping online, is increasing adoption of online shopping by several customers
worldwide, which in turn, is expected to fuel growth of the third party logistic services in e-
commerce industry.
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Third Party Logistics Market Outlook – Asia Pacific holds the largest market share of the
global third party logistics market