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News provided by 07 Jun, 2023, 19:00 ET Share this article NEW YORK, June 7,

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07 Jun, 2023, 19:00 ET

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NEW YORK, June 7, 2023 /PRNewswire/ -- The third-party logistics market in India is estimated to grow by USD 13,978.33 million during 2022-2027. However, the growth momentum will progress at a CAGR of 8.62% during the forecast period. The market is segmented by service (transportation, warehousing and distribution, and VAS) and end-user (manufacturing, consumer goods, food and beverage, automotive, and others). The market share growth by the transportation segment will be significant for overall market growth during the forecast period. Goods are transported in third-party logistics markets using various means of transport such as road, rail, air and water. In India, most goods are transported by road. Logistics services require significant investment and expertise, significantly increasing operating costs, so many companies outsource these services to external logistics providers. Such factors will increase segment growth during the forecast period. Download a Sample Report Now!

Information Services Market Insights -

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Third-party logistics market in India - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including AP Moller Maersk AS, Aegis Logistics Ltd., Allcargo Logistics Ltd., AWL India Pvt. Ltd., Delhivery Ltd., FedEx Corp., Gati Ltd., Mahindra Logistics Ltd., Meesan Logistics Pvt. Ltd., Pyramis Cargo Management Pvt. Ltd., SICAL Logistics Ltd., United Parcel Service Inc., VRL Logistics Ltd., ARK Supply Chain Solutions Pvt. Ltd., Blue Dart Express Ltd., Container Corp. of India Ltd., Deutsche Bahn AG, Safexpress Pvt. Ltd., T V Sundram Iyengar and Sons Ltd., and TCI Express Ltd.

Third-party Logistics Market in India – Market Dynamics

Major Trends -

Key Challenges -

Drivers, trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The third-party logistics market in India report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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Third-party Logistics Market Scope In India

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.62%

Market growth 2023-2027

USD 13,978.33 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.76

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AP Moller Maersk AS, Aegis Logistics Ltd., Allcargo Logistics Ltd., AWL India Pvt. Ltd., Delhivery Ltd., FedEx Corp., Gati Ltd., Mahindra Logistics Ltd., Meesan Logistics Pvt. Ltd., Pyramis Cargo Management Pvt. Ltd., SICAL Logistics Ltd., United Parcel Service Inc., VRL Logistics Ltd., ARK Supply Chain Solutions Pvt. Ltd., Blue Dart Express Ltd., Container Corp. of India Ltd., Deutsche Bahn AG, Safexpress Pvt. Ltd., T V Sundram Iyengar and Sons Ltd., and TCI Express Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Service

7 Market Segmentation by End-user

8 Customer Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

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