Global Waterway Third Party Logistics Market, By Service Type (Dedicated Contract Carriage (DCC)/ Freight Forwarding, Domestic Transportation Management (DTM), International Transportation Management (ITM), Warehousing & Distribution (W&D), Value-Added Logistics Services (VALs)), End Users (Manufacturing, Retail, Healthcare, Automotive, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Waterway Third Party Logistics Market
Waterway third party logistics market is expected to grow at a compound annual growth rate of 6.90% in the forecast period of 2021 to 2028. Data Bridge Market Research report on Waterway third party logistics provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The shippers are focusing on outsourcing the logistics activity to improve their operations and cost-effectiveness and are one of the key factors fueling the growth of the waterway third party logistics market. In line with this, the increased working capital and globalization lead to the demand for proficient inventory management services which will also contribute to the growth of the target market. Also the rapid rise in globalization has helped in setting up a worldwide network of manufacturing activities and is also flourishing the growth of the waterway third party logistics market. The restructuring of the brick and mortar business models is also favoring the high adoption rates of waterway third party logistics market. Such factors are broadly supposed to hasten the growth of the waterway third party logistics market over the forecast period of 2021 to 2028. Moreover, the increasing number of manufacturing firms, improving economic conditions and internet penetration are also providing a boost to the market growth.
However, the damage of direct control on the logistics service and possible loss of reputation is the most dangerous will act as major limitations for the growth of waterway third party logistics in the above mentioned forecasted period. Moreover, the rapid growth of the e-commerce industry and increase in reverse logistics operations is amongst an essential factor which will offer various growth opportunities for the waterway third party logistics market growth rate.
The inflating disposable incomes, increasing number of fraudulent activities and growing need for risk and compliance management has led to the increased adoption of waterway third party logistics solutions are some other key aspects driving the growth of the overall waterway third party logistics market. Likewise, the application of artificial intelligence, machine learning, and blockchain to offer new efficiencies for compliance and waterway third party logistics augments the capabilities of financial authorities as well as for non finance industries which will further cater ample new opportunities that will lead to the growth of the waterway third party logistics market in the above mentioned forecasted period. Whereas, the increase in concerns regarding cyber security and privacy, lack of data standardization along with completion challenges for low income countries will challenge the waterway third party logistics market growth in the above mentioned forecast period.
This waterway third party logistics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on waterway third party logistics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Waterway Third Party Logistics Market Scope and Market Size
Waterway third party logistics market is segmented on the basis of service type and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of the service type, the waterway third party logistics market is segmented into dedicated contract carriage (DCC)/ freight forwarding, domestic transportation management (DTM), international transportation management (ITM), warehousing & distribution (W&D) and value-added logistics services (VALS).
The end users segment of the waterway third party logistics market is segmented into manufacturing, retail, healthcare, automotive and others.
Waterway Third Party Logistics Market Country Level Analysis
Waterway third party logistics market is analyzed and market size, volume information is provided by country, service type and end users as referenced above.
The countries covered in the waterway third party logistics market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the waterway third party logistics market due to the increasing demand for cold storage along with the strong presence of major key players within this region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising trans-regional trade corridors and gateways in this region.
The country section of the waterway third party logistics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Waterway Third Party Logistics Market Share Analysis
Waterway third party logistics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Waterway third party logistics market.
The major players covered in the Waterway third party logistics market report are BDP International, Burris Logistics, SINOTRANS LIMITED, GEODIS, C.H. Robinson Worldwide, Inc., CEVA Logistics, NYK Line, Hub Group, Inc., GOGOX, DSV, DB Schenker, FedEx, Deutsche Post AG, J.B. Hunt Transport, Inc., Kuehne + Nagel, Nippon Express Co., Ltd., Maersk Logistics, United Parcel Service of America, Inc., XPO Logistics, Inc and YUSEN LOGISTICS CO. LTD among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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