Third-Party Logistics Market in Europe will register a CAGR of 4% during 2020-2024. The market’s growth momentum will Accelerate.
growing complexity of in-house logistics operations will be one of the major factors driving the growth of this market. Additionally, key Third-Party Logistics Market in Europe trends such as the emergence of big data will also influence market growth during the forecast period.
Third-Party Logistics Market in Europe Size
During the forecast period, the Third-Party Logistics Market in Europe size will grow by $ 42.04 bn.
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Third-Party Logistics Market in Europe : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Third-Party Logistics Market in Europe. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Limited use of IT and regulatory barriers | High operational cost and competitive pricing | Shortage of skilled drivers in logistics market will also challenge the growth of the companies.
A.P. Moller - Maersk AS | C.H. Robinson Worldwide Inc. | CEVA Logistics AG | Deutsche Bahn AG | Deutsche Post DHL Group | DSV Panalpina AS | FedEx Corp. | Kuehne + Nagel International AG | Societe nationale SNCF | United Parcel Service Inc..list
are some of the companies covered in Technavio’s Third-Party Logistics Market in Europe report for 2020-2024.
Third-Party Logistics Market in Europe : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Third-Party Logistics Market in Europe.
The Rest of Europe will account for the largest Third-Party Logistics Market in Europe share and during 2020-2024, the region will contribute to 25% of the market’s growth.
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