Published Date : May 15, 2017
ALBANY, New York, May 15, 2017 - MarketResearchReport.biz has added a new research report to its database on the global industry of transportation and logistics. The latest report to be added zooms in on India, and is titled “Indian Third Party Logistics Market: Trends And Opportunities (2015 Edition).” This research report provides a descriptive reports of the region’s market along with detailed assessments on the size of the market as well as the scope of growth in it for players. The competitive landscape of the India third party logistics market also provides a detailed perspective on what the situation is expected to look like over the coming years, for both regional as well as globally prominent players interested in this region.
According to the report, the key factor promoting the growth of the India third party logistics market at the moment, is the rise of the ecommerce industry within the country. The growing scope of the online retail sector due to the booming growth of retailers and the increasing demand for a wider range of products in the ecommerce industry has fueled the growth of the India third party logistics market. This factor is expected to continue promoting the growth of the India third party logistics market over the coming years as well. The report states this for the market within a projection span of five years, from 2015 to 2019, after calculating the overall actions within the market within the time frame from 2010 to 2014.
The report divides the India third party logistics market into the segments on transportation third party logistics and the cold chain market. Each segment is expected to show an equally healthy rate of growth over the coming years. Other factors of growth in the India third party logistics market include the development of the national economy, the growing disposable income among consumers, the increasing investments for the transportation sector, and the growing scope of international trade for the country.
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However, the India third party logistics market is facing several challenges currently, including the overall lack of adequate infrastructure, the lack of last mile connectivity, the below optimal scaling rate of ports, the lack of multiple manufacturing units in different locations, and common administrative delays. These factors have created multiple problems in the India third party logistics market when interacting with different business verticals.
Third party logistics are provided by companies that help shippers work with different logistical operators. This can include freight bill auditing, forecasting, in-depth reporting, freight rate negotiations, transportation management software, and warehousing facilities.
The leading players from the India third party logistics market as described in the research report, include Gati Ltd., TCI Ltd., CONCOR Ltd., and Allcargo Logistics Ltd. The report sheds light on all the leading and prominent players in this region, describing their current trends and the way they affect the market’s growth.
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