3PL Logistics Market – Global Industry Analysis Report, Share by 2022 Size, Growth, Price Trends and Forecast, 2022

Third Party Logistics (3PL) Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2016 – 2022: Fractovia.org Global Third Party Logistics (3PL) Market size is predicted to touch $1029.47 billion registering a CAGR of 4.4% by end of forecast period. Growing focus on main business activities along with reduced shipping price is predicted to drive the industry. But, many factors like fluctuations in freight sizes and highlights on cost & risk containment is projected to hinder the industry growth. C.H. Robinson has declared that it is a sponsor of cool global exhibition featuring many outdoor sculptures driving the idea of climate protection. Further, its Warsaw transportation office offers transportation to assure that the sculptures arrived safely. Cool Global exhibition will begin in Warsaw in September 2016 and it includes 16 globes each of which are 2.2 meters high and 1.6 meters broad with weight of each globe being 700 kilograms. UPS supply chain solutions is going to introduce a distributed on-demand production network which will connect its global logistics network to 3D printers at UPS stores at more than 60 places across fast radius and US. The combination of the technology into single additive production and logistics solution will make 3D printing available to more users helping them to realize the cost effectiveness and user friendliness of this technology. Global third party logistics (3PL) market is segmented into key geographical regions that include North America, Asia Pacific, Europe, Latin America and MEA. Asia Pacific third party logistics (3PL) market was evaluated around $255 billion for 2014. It is predicted to register more than 5% of CAGR during the forecast period and expected to touch $385 billion by end of forecast timeframe. European industry size is predicted to be evaluated at about $210 billion by 2022 and will register CAGR of more than 2.5% during forecast period. Ongoing crises in Europe are predicted to hinder the industry demand. But growing demand from automotive sector and life sciences industry is predicted to promote the demand in future. North American industry was evaluated at more than $185 billion for 2014 and predicted to touch $265 billion by end of forecast period. It is predicted to witness high growth due to constantly diminishing labour costs and transport costs in countries like 1|Page