Research and Markets has announced the addition of the "Global 3PL Services Market - Procurement Market Intelligence Report 2017-2021" report to their offering.

The global 3PL services market to grow at a CAGR of 5.16% during the period 2017-2021.

3PL refers to the outsourcing of various functions of supply chain management such as warehousing, order fulfilment, packaging, distribution, and inbound and outbound freight services to third-party service providers. 3PL service providers include freight forwarders, courier companies, and other firms that offer integrated logistics and transportation services.

3PL providers have efficient systems to manage industry-specific requirements such as cold-storage trucks for perishables and oversized trucks for heavy manufacturing equipment. Furthermore, the report states that buyers are increasingly relying on 3PL service providers to outsource logistics requirements at low costs. This is primarily achieved by reducing the investment in equipment, facilities, and personnel.

The report 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 suppliers operating in this market.

Key suppliers

  • DHL
  • Kuehne + Nagel
  • DB Schenker
  • Nippon Express
  • C.H. Robinson

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key suppliers in this market space?
  • What are the market opportunities and threats faced by the key suppliers?
  • What are the strengths and weaknesses of the key suppliers?

Key Topics Covered:

Part 1: SUMMARY

Part 2: CATEGORY AT A GLANCE

Part 3: MARKET INSIGHTS

Part 4: SUPPLY MARKET INSIGHTS

Part 5: PRICING INSIGHTS

Part 6: CATEGORY ESSENTIALS

Part 7: TOP FIVE SUPPLIERS

Part 8: APPENDIX

For more information about this report visit http://www.researchandmarkets.com/research/h75pvk/global_3pl

Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716Related Topics: Logistics