Fourth Party Logistic Trends and Forecast
The future of the global fourth party logistic market looks promising with opportunities in the aerospace & defense, automotive, consumer electronic, food & beverage, industrial, retail, and healthcare markets. The global fourth party logistic market is expected to reach an estimated $77.6 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are growing need for a simple and efficient supply chain management system, escalation in the operational processÄX%$%X complexity, as well as, expansion of the e-commerce industry and rise in consumer electronics demand.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fourth Party Logistic by Segment
The study includes a forecast for the global fourth party logistic by type, end use, and region.
Fourth Party Logistic Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Industry Innovator Model
• Solution Integrator Model
• Synergy Plus Operating Model
Fourth Party Logistic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Defense
• Automotive
• Consumer Electronics
• Food & Beverages
• Industrial
• Retail
• Healthcare
• Others
Fourth Party Logistic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fourth Party Logistic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fourth party logistic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fourth party logistic companies profiled in this report include-
• Allyn International Services
• 4PL Group
• CEVA Logistics
• Accenture
• Logistics Plus
• United Parcel Service
• DB Schenker
• DAMCO
• Panalpina World Transport
• GEFCO Group
Fourth Party Logistic Market Insights
Lucintel forecasts that industry innovator model is expected to witness the highest growth over the forecast period.
Within this market, consumer electronics will remain the largest segment.
APAC will remain the largest region over the forecast period due to expanding market for online shopping in developing nations, and rise in the regionÄX%$%Xs use of contracted logistics services.
Features of the Global Fourth Party Logistic Market
Market Size Estimates: Fourth party logistic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fourth party logistic market size by type, end use, and region in terms of value ($B).
Regional Analysis: Fourth party logistic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the fourth party logistic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fourth party logistic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fourth party logistic market size?
Answer: The global fourth party logistic market is expected to reach an estimated $77.6 billion by 2030.
Q2. What is the growth forecast for fourth party logistic market?
Answer: The global fourth party logistic market is expected to grow with a CAGR of 8.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fourth party logistic market?
Answer: The major drivers for this market are growing need for a simple and efficient supply chain management system, escalation in the operational processÄX%$%X complexity, as well as, expansion of the e-commerce industry and rise in consumer electronics demand.
Q4. What are the major segments for fourth party logistic market?
Answer: The future of the global fourth party logistic market looks promising with opportunities in the aerospace & defense, automotive, consumer electronic, food & beverage, industrial, retail, and healthcare markets.
Q5. Who are the key fourth party logistic market companies?
Answer: Some of the key fourth party logistic companies are as follows:
• Allyn International Services
• 4PL Group
• CEVA Logistics
• Accenture
• Logistics Plus
• United Parcel Service
• DB Schenker
• DAMCO
• Panalpina World Transport
• GEFCO Group
Q6. Which fourth party logistic market segment will be the largest in future?
Answer: Lucintel forecasts that industry innovator model is expected to witness the highest growth over the forecast period.
Q7. In fourth party logistic market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to expanding market for online shopping in developing nations, and rise in the regionÄX%$%Xs use of contracted logistics services.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fourth party logistic market by type (industry innovator model, solution integrator model, and synergy plus operating model), end use (aerospace & defense, automotive, consumer electronics, food & beverages, industrial, retail, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fourth Party Logistic Market, Fourth Party Logistic Market Size, Fourth Party Logistic Market Growth, Fourth Party Logistic Market Analysis, Fourth Party Logistic Market Report, Fourth Party Logistic Market Share, Fourth Party Logistic Market Trends, Fourth Party Logistic Market Forecast, Fourth Party Logistic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.