Third-party Logistics Market in China by End-user and Service - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70719
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 Third-party Logistics Market in China - 2021-2025

The third-party logistics market size in China is expected to reach a value of USD 73.78 billion, at a CAGR of 6.90% during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the rise in e-commerce market demand are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Third-party Logistics Market in China Size

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Third-party Logistics Market Segments in China

Navigate through market segmentation by end-user (manufacturing, automotive, consumer goods, food and beverage, and others) and service (transportation, warehousing and distribution, and value-added services) in this third-party logistics market report of China to pursue growth opportunities.

Get actionable insights on the third-party logistics market segments in China to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic third-party logistics market predictions in China on demand changes for 2021-2025? You can buy the report now with one easy click.

Third-party Logistics Market Vendors in China and Competitive Analysis

The third-party logistics market in China is fragmented and the vendors are deploying growth strategies such as opting for M&A and strategic alliances for improving their market reach and customer base to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full third-party logistics market forecast report of China for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Third-party Logistics Market in China Vendors

Third-party Logistics Market Insights in China by End-user

Third-party Logistics Market in China Share by End-user

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The third-party logistics market share growth in China by the manufacturing segment will be significant during the forecast period. The manufacturing and logistics industries are closely related to each other. The manufacturing industry requires the support of the logistics industry to stay competitive and effective. The demand from the manufacturing industry for 3PLs for inventory management during 2021-2025 will be high. This report provides an accurate prediction of the contribution of all the segments to the growth of the third-party logistics market size in China.

From the third-party logistics market segmentation insights in China, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Third-party Logistics Market Drivers & Trends in China

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding third-party logistics market growth in China is high logistics cost. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

The e-commerce market in China is one of the largest e-commerce markets in the world and is growing at a higher rate than most countries. Some major e-commerce platforms in China are Taobao, Jingdong, and Tmall.  Due to high internet penetration, there is a rise in demand even from rural areas, which will positively impact market growth. E-commerce firms are increasingly investing in logistics development to capitalize on the growing e-commerce market in China and stay competitive. Moreover, amplified promotion of cross border e-commerce industry will further escalate the market growth during 2021-2025. The growing e-commerce market will, thus, increase the demand for 3PL in China.

This third-party logistics market analysis report of China provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Third-party Logistics Market Report Outlook of China

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive third-party logistics market growth in China during the next five years
  • Precise estimation of the third-party logistics market size in China and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of third-party logistics market vendors in China 

Buy the Third-party Logistics Market Report of China now to reimage your business strategies!

 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The third-party logistics market growth will increase by $73.78 billion during 2020-2025.
The third-party logistics market is expected to grow at a CAGR of 6.90% during 2020-2025.
Technavio has segmented the third-party logistics market by end user (Manufacturing, Automotive, Consumer goods, Food and beverage, and Others) ,service (Transportation, Warehousing and distribution, and Value-added services) , and geographic (China).
COSCO Shipping Co. Ltd., CTSI Logistics, DEPPON LOGISTICS Co. Ltd., FedEx Corp., Fulfillment Bridge, JIAYOU INTERNATIONAL LOGISTICS Co. Ltd., John Swire & Sons Ltd., Kerry Logistics Network Ltd., S.F. Holding Co. Ltd., VHK LOGISTIC (HK) Ltd. are a few of the key vendors in the third-party logistics market.
China will register the highest growth rate of 100.00% among the other regions. Therefore, the third-party logistics market in China is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the third-party logistics market growth are:
  • Rise in e-commerce market demand
The third-party logistics market vendors should focus on grabbing business opportunities from the manufacturing segment as it accounted for the largest market share in the base year.
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