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(AsiaNewsWire.Net, June 16, 2019 ) he global fourth party logistics market accounted to US$ 54.06 Bn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 - 2027, to account to US$ 84.17 Bn by 2027.
A fourth-party logistics provider, or 4PL, represents a higher level of supply chain management for the customer. The 4PL gives its clients a controlling view of their supply chains, overseeing the mix of warehouses, shipping companies, freight forwarders and agents. The 4PL relationship simplifies and streamlines the logistics function using technology for greater visibility and imposing operational discipline across many partners and suppliers. The enterprise can focus on its core competencies and rely on the 4PL partner to manage the supply chain function for maximum value. Basically, the 4PL acts as the enterprise would if the supply chain functions were managed in-house.
Companies Mentioned:- Allyn International, UPS 4PL Services, Accenture 4PL Services, 4PL Insights LLC, and XPO Logistics. Also, Deloitte, 4PL Group
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the “Fourth Party Logistics” market.
• Key market trends cracking up the growth of the “Fourth Party Logistics” market.
• Challenges to market growth.
• Key vendors of “Fourth Party Logistics” market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global “Fourth Party Logistics” market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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Worldwide Fourth Party Logistics Market Analysis to 2027 is a specialized and in-depth study of the Fourth Party Logistics Infrastructure industry with a focus on the global market trend. Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027
Fourth Party Logistics Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
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