3PL Market in the US 2018-2022 | Retail Industry Segment Dominates the Global Market | Technavio
LONDON--(BUSINESS WIRE)--Oct 10, 2018--According to the 3PL market research report released by Technavio, the market in the US is expected to accelerate at a CAGR of more than 4% during the forecast period. The growing retail e-commerce market in the US is one of the key drivers for the online jewelry market.
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According to the 3PL market research report released by Technavio, the market in the US is expected to accelerate at a CAGR of more than 4% during 2018-2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The 3PL market analysis categorizes the market in the US into the following end-user:Retail industry Manufacturing industry Automotive industry Food and beverages industry Others
In 2017, the retail industry segment accounted for 24.87% of the 3PL market share and is projected to contribute to 25.22% share by 2022, exhibiting almost 0.35% increase in market share.
3PL market in the US: Top emerging trend
The introduction of blockchain technology in the logistics industry is an emerging trend in the 3PL market in the US. The blockchain technology is a digital platform, which offers distributed transaction ledger. Identical copies of the ledger are easily maintained in multiple computer systems that the stakeholders control. Generally, the blockchain is a system, which uses a thread of cryptographically protected records and the details of transactions for all stakeholders in the supply chain. The blockchain technology helps in developing a cost-efficient and effective supply chain.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline 3PL Market in the US Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisMarket segmentation by service (transportation and warehousing and distribution) Market segmentation by end-user (retail industry, manufacturing industry, automotive industry, and food and beverages industry)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (C.H. Robinson, Expeditors, J.B. Hunt, United Parcel Service, and XPO Logistics)
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View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005882/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT RETAIL
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 10/10/2018 02:27 PM/DISC: 10/10/2018 02:27 PM