3PL Market in Brazil to grow at a CAGR of 3.59% during the period 2016 - 2020; Finds New Report

Report forecast the 3PL market in Brazil to grow at a CAGR of 3.59% during the period 2016-2020.

3PL is a business process where companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics activities such as transportation, warehousing, and freight and forwarding. 3PL providers have expertise in managing and customizing the supply chain as per the needs of the customers. They also provide strategic and operational value to many shippers across the globe. Companies from various industries are outsourcing the logistics part of their operations to specialized 3PL players, which in turn enables them to focus on their core competencies. The key vendors in the market are CEVA Logistics, DB SCHENKER, Deutsche Post DHL, Kuehne + Nagel, and Nippon Express.

The report covers the present scenario and the growth prospects of the 3PL market in Brazil for 2016-2020. To calculate the market size, the report considers the revenue generated by 3PL providers.

According to the report, domestic consumption in Brazil is increasing as the middle-class population is growing. This has led to advances in the retail sector, which is witnessing an expansion of well-organized retail spaces. The expansion of the e-commerce sector, in particular, has been significant due to the increased adoption of the internet and mobile services. The growth of revenue in this sector is large because of the supply-side. Efficient inventory management and quick delivery are the keys to operational success in this sector. Thus, the expansion of this sector has led to an increased demand for efficiency in delivery systems, inventory management, and freight forwarding. As this sector continues to expand, the demand for logistics facilities will also increase, driven by the need for various small package deliveries and individualized shipping time requirements.

Further, the report states that cargo theft in Brazil increased by about 10% in 2015 in comparison to that in the previous year. IT equipment and agricultural products are common targets for cargo thefts. Two significant trade states, Rio de Janeiro and São Paulo, recorded 20% and 18% hikes respectively, in cargo theft incidents. Because other modes of transportation are underdeveloped, most freight is transported on highways, which are vulnerable because of inefficient infrastructure. Cargo theft is a complex problem affecting businesses and the economy. With globalization, the sourcing and manufacturing of raw materials are done in one part of the world, while the warehousing and consumption of the finished products are done elsewhere. Cargo theft at any stage of the supply chain affects the availability of products and inflicts financial damage on shippers, carriers, and manufacturers. To safeguard transportation, vendors have the additional burden of investing in tracking technology and purchasing cargo insurance as a precautionary measure. They also need to thoroughly check the routes and lanes used to transport goods.

3PL Market in Brazil 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the 3PL market in Brazil: CEVA, DB SCHENKER, Deutsche Post DHL, Kuehne + Nagel, and Nippon Express

Other Prominent Vendors in the market are: Agility, América Latina Logística, APL Logistics, BDP International, BLG Logistics, DACHSER, Damco, DC Logistics, DSV, Expeditors, FedEx SupplyChain Solutions, Hub Group, Imperial Logistics, J.B. Hunt, JSI Logistics, Kerry Logistics, Logwin, Menlo Worldwide Logistics, Neovia Logistics, Panalpina, Penske Logistics Brazil, Ryder, Schneider Logistics, SDV logistics, Sinotrans, UPS, and Wincanton

Market driver

• Government initiatives in infrastructure development
• For a full, detailed list, view our report

Market challenge

• Inadequate transportation infrastructure
• For a full, detailed list, view our report

Market trend

• Adoption of eco-friendly vehicles
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 37 Exhibits “3PL Market in Brazil 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by industries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://mrr.cm/3dY

Find all Transport Reports at: http://www.marketresearchreports.com/transport