the China third party logistics market is expected to reach USD 462,107.01 million by 2030 from USD 265,902.06 million in 2022, growing with a CAGR of 7.2% in the forecast period of 2023 to 2030.
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Data Bridge Market Research analyses that the China third party logistics market is expected to reach USD 462,107.01 million by 2030 from USD 265,902.06 million in 2022, growing with a CAGR of 7.2% in the forecast period of 2023 to 2030. Taiwan third party logistics market is expected to reach USD 10,349.33 million by 2030 from USD 7,630.55 million in 2022, growing with a CAGR of 3.9% in the forecast period of 2023 to 2030. Singapore third party logistics market is expected to reach USD 6,148.33 million by 2030 from USD 4,041.96 million in 2022, growing with a CAGR of 5.4% in the forecast period of 2023 to 2030. Hong Kong third party logistics market is expected to reach USD 4,791.97 million by 2030 from USD 3,752.94 million in 2022, growing with a CAGR of 3.1% in the forecast period of 2023 to 2030. Providers of third-party logistics (3PL) services have extensive supply chain management expertise, experience, and resources, which is increasing over the years.
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Market Overview:
Third Party Logistics (3PL) is a service that allows outsourcing operational logistics for warehousing all the way to delivery and ultimately enables to focus on the main core part of the business. Third party logistics companies provide a varied number of services in regard to the logistics of the supply chain, which includes transportation, warehousing, picking and packing, inventory forecasting, order Fulfilment, and freight forwarding. The primary advantage of third party logistics services such as packing, warehousing, and shipping reduces operating cost for companies and enable the organization to focus on their main business. A third party logistics service is likely to offer better performance on efforts such as shipping the products and helps the organization establish its strong presence in different countries. Suppose any company is selling its products internationally. In that case, third party logistics can take care of documentation, customs, duties, and other issues that come up at the borders that can delay shipments and result in high cost if not done thoroughly.
Some of the major players operating in the Singapore, China, Hong Kong and Taiwan Third Party Logistics market are:
Basilisk (Netherlands)
Acciona (Spain)
Akzo Nobel N.V. (Netherlands)
CEMEX S.A.B. de C.V. (Mexico)
Sika AG (Switzerland)
Devan (Some of the major players operating in the Singapore, China, Hong Kong & Taiwan third party logistics market are DHL (Germany), Nippon Express Co., Ltd(Japan), FedEx (U.S.), NYK Line (Japan), CJ Logistics Corporation (Korea), C.H. Robinson Worldwide, Inc.(U.S.), DB Schenker (Germany), DSV (Denmark), KERRY LOGISTICS NETWORK LIMITED (Hong Kong), Kuehne+Nagel (Switzerland), Samudera Shipping Line Ltd (Singapore), SINOTRANS Limited (China), United Parcel Service of America, Inc. (U.S.), XPO, Inc. (U.S.), COSCO SHIPPING Logistics Supply Chain Co., Ltd. (China), CN Logistics International Holdings Limited (Hong Kong), NAF Logistics Group (Hong Kong), among others.
Singapore, China, Hong Kong & Taiwan Third Party Logistics Market Regional Analysis/Insights
Singapore, China, Hong Kong & Taiwan third party logistics market is analysed, and market size insights and trends are provided by region, service, product, providers, application, business type, function, vertical and retail size as referenced above.
The Singapore, China, Hong Kong & Taiwan third party logistics market is expected to attain lucrative growth due to an upsurge in the adoption of advanced features for 3PL is expected to drive Singapore, China, Hong Kong & Taiwan third party logistics market.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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