Market Overview:
The global logistics business outsourcing market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cost-effective and efficient logistics solutions across various industries. In addition, the growing trend of globalization and increase in trade activities are also contributing to the growth of this market. Based on type, the global logistics business outsourcing market is segmented into air transportation, sea transportation, railway transportation, and highway transportation. Air transportation is expected to hold a major share of this market during the forecast period owing to its advantages such as fast delivery time and low shipping costs. Based on application, material management accounted for a major share of this market in 2017 owing to its ability to reduce inventory costs and improve operational efficiency.
Product Definition:
Logistics business outsourcing refers to the contracting of specific logistics functions to a third-party service provider. This can include areas such as transportation management, warehousing, and order fulfillment. The importance of logistics business outsourcing lies in the fact that it can help companies improve efficiency and reduce costs. By working with a third-party provider, businesses can focus on their core competencies while leaving the management of complex logistical operations to an expert.
Air Transportation:
Air transportation is the fastest mode of transport, which connects two distant places with minimum time and maximum efficiency. It is also known as the fourth dimension in transport business. Air transportation has become an essential part of global trade and commerce owing to its several benefits such as reduced transit time, cost-effectiveness, increased carrying capacity (volume), quick turn-around (fast delivery), etc.
Sea Transportation:
The sea transportation and its usage in logistics business outsourcing market is about the transport of goods or products from one place to another by water. Sea transportation has been used since ancient times; it is still being used for some of the most crucial commodities across the world. The modern-day use of this service can be seen in food shipments, oil & gas deliveries, and many more.
Application Insights:
The distribution management segment accounted for the largest market share in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for cost-effective solutions that offer flexibility, efficiency, and reliability in managing distribution centers and fleet of trucks/warehouses across various regions. Furthermore, growing investments by companies in developing their logistics infrastructure are expected to drive the demand for logistics business outsourcing over the forecast period.
The supply chain management segment is also anticipated to witness considerable growth over the forecast period owing to its abilityto deliver superior performance while reducing costs through optimization of procurement processes, inventory control procedures as well as avoiding human errors during these processes through advanced technology used by professionals working with Logistics Management Outsourcing (LMO).
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing trade activities across emerging economies, such as China and India. In addition, rising investments in warehousing and logistics facilities by e-commerce companies will drive the APAC market further. Furthermore, government initiatives encouraging foreign investment in domestic logistics services are likely to contribute towards industry growth over the coming years. For instance, Foreign Direct Investment (FDI) of up to 100% is permitted under special circumstances in India's logistics sector through an automatic route process known as automatic route access system (ARAS). This regulatory move is projected to propel investments from global players such as Amazon Web Services Inc., DHL Global Mailing AG & Co.
North America held a significant share of about 27% in 2016 owing its growing trade activities along with technological advancements for efficient distribution management practices across all industries worldwide.
Growth Factors:
- Increased globalization and trade: The growth of global trade and the increasing demand for goods and services has led to the growth of the logistics business outsourcing market.
- Rising labor costs in developed countries: The high labor costs in developed countries have made it increasingly expensive to operate a logistics business, which has led to the growth of the logistics business outsourcing market.
- Rapid technological advancements: Technological advancements have enabled companies to outsource their logistics operations to third-party service providers, which has contributed to the growth of the logistics business outsourcing market.
- Growing demand for customized solutions: A growing number of companies are demanding customized solutions from service providers, which is contributing to the growth ofthelogisticsbusinessoutsourcingmarket . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Logistics Business Outsourcing Market Research Report
By Type
Air Transportation, Sea Transportation, Railway Transportation, Highway Transportation
By Application
Material Management, Supply Chain Management, Distribution Management, Shipment Packaging, Channel Management, Others
By Companies
Exel Logistics, Menlo Worldwide Logistics, FedEx, Ryder Logistics, Tibbett and Britten
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Logistics Business Outsourcing Market Report Segments:
The global Logistics Business Outsourcing market is segmented on the basis of:
Types
Air Transportation, Sea Transportation, Railway Transportation, Highway Transportation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Material Management, Supply Chain Management, Distribution Management, Shipment Packaging, Channel Management, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Exel Logistics
- Menlo Worldwide Logistics
- FedEx
- Ryder Logistics
- Tibbett and Britten
Highlights of The Logistics Business Outsourcing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Transportation
- Sea Transportation
- Railway Transportation
- Highway Transportation
- By Application:
- Material Management
- Supply Chain Management
- Distribution Management
- Shipment Packaging
- Channel Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Logistics Business Outsourcing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Logistics business outsourcing is the process of contracting with a third-party logistics provider to provide services such as transportation, warehousing, and distribution. These providers can help businesses save on costs associated with these activities, while also improving efficiency and communication within the organization.
Some of the major companies in the logistics business outsourcing market are Exel Logistics, Menlo Worldwide Logistics, FedEx, Ryder Logistics, Tibbett and Britten.
The logistics business outsourcing market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Logistics Business Outsourcing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Logistics Business Outsourcing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Logistics Business Outsourcing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Logistics Business Outsourcing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Logistics Business Outsourcing Market Size & Forecast, 2018-2028
4.5.1 Logistics Business Outsourcing Market Size and Y-o-Y Growth
4.5.2 Logistics Business Outsourcing Market Absolute $ Opportunity
Chapter 5 Global Logistics Business Outsourcing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Logistics Business Outsourcing Market Size Forecast by Type
5.2.1 Air Transportation
5.2.2 Sea Transportation
5.2.3 Railway Transportation
5.2.4 Highway Transportation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Logistics Business Outsourcing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Logistics Business Outsourcing Market Size Forecast by Applications
6.2.1 Material Management
6.2.2 Supply Chain Management
6.2.3 Distribution Management
6.2.4 Shipment Packaging
6.2.5 Channel Management
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Logistics Business Outsourcing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Logistics Business Outsourcing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Logistics Business Outsourcing Analysis and Forecast
9.1 Introduction
9.2 North America Logistics Business Outsourcing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Logistics Business Outsourcing Market Size Forecast by Type
9.6.1 Air Transportation
9.6.2 Sea Transportation
9.6.3 Railway Transportation
9.6.4 Highway Transportation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Logistics Business Outsourcing Market Size Forecast by Applications
9.10.1 Material Management
9.10.2 Supply Chain Management
9.10.3 Distribution Management
9.10.4 Shipment Packaging
9.10.5 Channel Management
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Logistics Business Outsourcing Analysis and Forecast
10.1 Introduction
10.2 Europe Logistics Business Outsourcing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Logistics Business Outsourcing Market Size Forecast by Type
10.6.1 Air Transportation
10.6.2 Sea Transportation
10.6.3 Railway Transportation
10.6.4 Highway Transportation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Logistics Business Outsourcing Market Size Forecast by Applications
10.10.1 Material Management
10.10.2 Supply Chain Management
10.10.3 Distribution Management
10.10.4 Shipment Packaging
10.10.5 Channel Management
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Logistics Business Outsourcing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Logistics Business Outsourcing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Logistics Business Outsourcing Market Size Forecast by Type
11.6.1 Air Transportation
11.6.2 Sea Transportation
11.6.3 Railway Transportation
11.6.4 Highway Transportation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Logistics Business Outsourcing Market Size Forecast by Applications
11.10.1 Material Management
11.10.2 Supply Chain Management
11.10.3 Distribution Management
11.10.4 Shipment Packaging
11.10.5 Channel Management
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Logistics Business Outsourcing Analysis and Forecast
12.1 Introduction
12.2 Latin America Logistics Business Outsourcing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Logistics Business Outsourcing Market Size Forecast by Type
12.6.1 Air Transportation
12.6.2 Sea Transportation
12.6.3 Railway Transportation
12.6.4 Highway Transportation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Logistics Business Outsourcing Market Size Forecast by Applications
12.10.1 Material Management
12.10.2 Supply Chain Management
12.10.3 Distribution Management
12.10.4 Shipment Packaging
12.10.5 Channel Management
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Logistics Business Outsourcing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Logistics Business Outsourcing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Logistics Business Outsourcing Market Size Forecast by Type
13.6.1 Air Transportation
13.6.2 Sea Transportation
13.6.3 Railway Transportation
13.6.4 Highway Transportation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Logistics Business Outsourcing Market Size Forecast by Applications
13.10.1 Material Management
13.10.2 Supply Chain Management
13.10.3 Distribution Management
13.10.4 Shipment Packaging
13.10.5 Channel Management
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Logistics Business Outsourcing Market: Competitive Dashboard
14.2 Global Logistics Business Outsourcing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Exel Logistics
14.3.2 Menlo Worldwide Logistics
14.3.3 FedEx
14.3.4 Ryder Logistics
14.3.5 Tibbett and Britten
