With the companies strengthening their supply chain and increasing their market penetration, the 3PL market in India is expected to post double-digit growth in coming years.
Online PR News – 08-July-2010 – – According to our report “3rd Party Logistics Market in India”, country’s 3PL market is set for stupendous growth in the coming years as the companies need to strengthen their supply chain management and increase their market penetration. The 3PL market is expected to grow at a CAGR of 25% during 2010-2012.
We have done a deep study of the different segments that will contribute to the growth of the 3rd party logistics market in India. In sectors like manufacturing, retail and real estate, the logistics management has witnessed a remarkable expansion.
Moreover, the report recognizes the automobile and IT hardware industry to be the largest end-user industry for 3PL services, multinationals being the dominant users. FMCG and retail sectors are among the other sectors that have demonstrated considerable contribution to the 3PL market and have significant potential to grow in future.
The report also covers the impact of 3PL on the storage infrastructure and the ways to improve it. It also talks about the different projects that are being carried out across the country along with the freight movement and its modes.
Our report “3rd Party Logistics Market in India” is an outcome of extensive research and thorough analysis on the burgeoning 3PL industry in India and its components. The report discusses the market structure, current and past market performance, and the factors critical to the success of the concerned industry in India. We have also identified all the key players in the ‘Competitor Analysis’ section of the report. The section talks about the business profile and strategic moves of the leading players operating in the sector.
The report provides segment-wise industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian 3PL industry that will prove decisive for clients.
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