According to our latest market research offering “3rd Party Logistics Market in India”, India represents enormously untapped but one of the fastest growing 3PL logistics market globally. The industry has successfully survived the economic downturn on the strong fundamentals of logistics outsourcing demand from automobile and manufacturing industries. The research reveals that continued improvement in logistics infrastructure and increasing awareness about efficient logistics practices in public as well as private sectors will enable 3PL industry in the country to register over 25.1% CAGR during 2010-2013.
The study has identified that the share of 3PL services in overall logistics cost in India is far less as compared to other developed markets such as Japan, US and Europe. But if the share of logistics cost as percentage of GDP is calculated, it comes out to be high in case of India, where it ranges in between 13%-15%. We anticipate that the share of 3PL in overall logistics cost will see an exponential growth in coming years on the concrete fundamentals of various prevailing trends analyzed and discussed thoroughly in the 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 also discusses the market structure, current and past market performance and 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.
Additionally, the report has an especial emphasize on the 3PL market trends in all prominent vertical industry segments including Retail, Automobile, IT Hardware, FMCG, Consumer electronics and others. It provides sector-wise industry developments and facilitates deeper understanding of the 3PL potentials in these sectors.
Most importantly, 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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About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
