Third party logistics (3PL) are third party outsourcing services. The providers of this service are specialized in grated operation, warehousing and transportation services. In addition, providers are involved in delivering value-added services for production or procurement of goods.
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Bharat Book Bureau Provides the Trending Market Research Report on “Third Party Logistics Market to 2025 - Global Analysis and Forecasts by Mode of Transport,Services, and End-User” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
The report highlights the rising demand for third-party logistics services across various industries such as e-commerce, retail, manufacturing, and healthcare. Third-party logistics providers offer numerous benefits including cost savings, improved customer service, enhanced supply chain visibility, scalability, and flexibility. These advantages are driving the adoption of 3PL services globally.
Third party logistics (3PL) service providers help manage procurement, distribution, inventory, transportation, warehousing, and fulfillment services for various industries. 3PL services aid in optimizing supply chain operations and reducing logistical costs for businesses.
The global Third Party Logistics Market is estimated to be valued at US$ 1.63 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2024 to ... Read more
The third party logistics market facilitates external logistics service providers who handle transportation management, warehousing management, freight forwarding, and inventory management on behalf of their clients. These services help organizations reduce costs related to supply chain and logistics along with enhancing operational efficiencies. Growing volumes of trade activities across industries has led to increased demand for transportation of goods from one destination to the other and ... Read more
