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Home » 3PL Market - Global Industry Analysis, Size,Growth, Trends & Forecasts 2016 - 2024
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3PL Market - Global Industry Analysis, Size,Growth, Trends & Forecasts 2016 - 2024

March 3, 2017
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Third party logistics, also known as 3PL, is an outsourcing system wherein storage and transportation services are outsourced to a specialist company. Outsourcing these services allows companies to cut costs and focus on their core competency. Inventory management, delivery, packaging, and cross-docking services are now usually bundled with 3PL services, making the 3PL platform even more cost-effective. The global 3PL market is driven primarily by the rising preference to outsource all non-essential tasks in the corporate sector. This boosts the profit margin of the vendor significantly and the trend is expected to remain influential in the forecast period.

Fill the form to gain deeper insights on this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12455

The global 3PL market is also driven by the increasing demand from the ecommerce sector thanks to the latter's steady growth in recent years. This is another major driver for the global 3PL market, particularly in developing countries, where the ecommerce sector stands to grow handsomely in the coming years.

The report presents a detailed profile of the global 3PL market, including a review of the market's historical trajectory and the key factors influencing its growth at present. The current market figures are given in detail in the report and are used to project the global 3PL market's future.

Company: TMR

Company URL: http://www.transparencymarketresearch.com/3pl-market.html

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
KEYWORDS TMR
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