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Wednesday 16 March 2016

Third-Party Logistics (3PL) market in India to grow at a CAGR of 8.43% by 2019

About Third-party Logistics (3PL)

3PL refers to the outsourcing of logistics and distribution activities by companies to logistics solution providers, known as 3PL providers. A 3PL provider is a company to which shippers (customers that transport goods using 3PL services) outsource a part or all of the supply chain management (SCM) functions of their logistics services. 3PL providers play significant role in handling customer logistics requirements, and perform transportation, location tracking, and sometimes product consolidation activities. These providers typically specialize in transportation, warehousing, and integrated operation services, which they customize according to the customer requirement. 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. These companies also provide strategic and operational value to many shippers worldwide. Currently, 3PL is in the process of introducing new and innovative ways to manage SCM.

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Analysts forecast the 3PL market in India to grow at a CAGR of 8.43% during 2014-2019.
Covered in this Report

This report covers the present scenario and the growth prospects of the 3PL market in India for the period 2015-2019. To calculate the market size, we consider revenue generated by 3PL service providers. We also present the vendor landscape and a corresponding detailed analysis of the top six vendors in the Indian 3PL market.

The Technavio report, 3PL Market in India 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. It summaries the major drivers influencing the market and the challenges facing by the vendors and the market as a whole. It evaluates the key trends emerging in the market as well.

The 3PL market in India is segmented in terms of logistics services outsourced:Freight and Forward
Transportation
Value-added Services
Warehousing

Key VendorsAegis Logistics
Allcargo Logistics
Drive India Enterprise Solutions (DIESL)
Gati
Om Logistics
Transport Corporation of India (TCI)

Other Prominent VendorsABC India
AFL Logistics
AQUA Logistics
Atlas Logistics
C.H. Robinson
CEVA Logistics
DELEX Cargo India
DHL Express (India)
Dynamic Logistics
Geologistics
GSI Logistics
Hyundai Glovis
Jeena and Company
Kerry Logistics
Kuehne+Nagel
Mahindra Logistics
Malca-Amit
Maruti 3PL
Nippon Express
Patel Logistics
Redington (India)
Reliance Logistics
Safexpress
SAL Logistics
Schenker India
SembCorp Logistics
SICAL Logistics
Sinotrans
Take Solutions
TKM GLOBAL Logistics
Total Logistics (India)
Transystem Logistics International
TVS Logistics

Market DriverIntroduction of GST System
For a full and detailed list, view our report

Market ChallengeCompetition from Unorganized Markets
For a full and detailed list, view our report

Market TrendPE (Private Equity) Investment in Logistics Market
For a full and detailed list, view our report

Key Questions Answered in this ReportWhat 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?

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