LONDON--(BUSINESS WIRE)--According to the 3PL market research report released by Technavio, the market in the US is expected to accelerate at a CAGR of more than 4% during the forecast period. The growing retail e-commerce market in the US is one of the key drivers for the online jewelry market.
This research report titled ‘3PL Market in the US 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The 3PL market analysis categorizes the market in the US into the following end-user:
- Retail industry
- Manufacturing industry
- Automotive industry
- Food and beverages industry
- Others
In 2017, the retail industry segment accounted for 24.87% of the 3PL market share and is projected to contribute to 25.22% share by 2022, exhibiting almost 0.35% increase in market share.
3PL market in the US: Top emerging trend
The introduction of blockchain technology in the logistics industry is an emerging trend in the 3PL market in the US. The blockchain technology is a digital platform, which offers distributed transaction ledger. Identical copies of the ledger are easily maintained in multiple computer systems that the stakeholders control. Generally, the blockchain is a system, which uses a thread of cryptographically protected records and the details of transactions for all stakeholders in the supply chain. The blockchain technology helps in developing a cost-efficient and effective supply chain.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- 3PL Market in the US Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Market segmentation by service (transportation and warehousing and distribution)
- Market segmentation by end-user (retail industry, manufacturing industry, automotive industry, and food and beverages industry)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (C.H. Robinson, Expeditors, J.B. Hunt, United Parcel Service, and XPO Logistics)
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