DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cvl5w7/thirdparty) has announced the addition of the "Third-party Logistics (3PL) Market in China 2014-2018" report to their offering.
The Third Party Logistics (3PL) market in China will grow at a CAGR of 17.28% over the period 2013-2018.
This report covers the present scenario and the growth prospects of the 3PL market in China for the period 2014-2018. To provide a ranking of the leading vendors in the market, the report considers the revenue generated by the vendors of 3PL services. The report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also summarizes the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.
The report also provides data on the different segments of the 3PL market in China by logistics services outsourced and by type of service providers. The report also gives a brief overview of the Logistics market in China by segmenting it with a contribution of logistics cost in GDP, and a share of the 3PL market in total GDP.
An increase in the demand for professional logistics and supply chain services is one emerging trend in the market. Specialized logistics services provided by 3PL service providers along with certain value-added services, such as Management Information System in the supply chain, are expected to boost the growth of the market in the future.
According to the report, the government initiative for infrastructure development and transport services is one of the major drivers of the market. The construction of new roads and highways connecting the major cities and the infrastructure development in terms of the construction of warehouses and ports contribute to market growth.
Further, the report states that competition from unorganized market players is one of the major challenges that the market faces. The market is highly fragmented and dominated by local logistics service providers.
- CEVA Holdings LLC
- China COSCO Holdings Company Ltd.
- China Logistics Group Inc.
- CMA CGM SA
Other Prominent Vendors
- China Shipping Group
- Collyer Logistics
- Kerry Logistics
- Menlo Worldwide Logistics
- NYK Logistics
- Ocean Blue Logistics
- Penske Logistics
- Schneider Logistics
- SINOTRANS & CS
For more information visit http://www.researchandmarkets.com/research/cvl5w7/thirdparty