Indian 3PL Industry to Witness Significant Growth in Six Years

2026-08-20 08:21:27 Business

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According to a new research report by RNCOS entitled, ?India 3rd Party Logistics Market Outlook 2020?, the 3PL services have gained huge popularity in past couple of years due to its attractive benefits and convenience. The major growth drivers of the industry are Introduction of new logistics services, increasing awareness, tough competition, rising disposable income and huge government support.

The 3PL market can be segmented into four broad services: Transportation, Warehousing, Freight Forwarding and Value Added Services. In 2014, the transportation segment was estimated as the largest segment of Indian 3PL market by services. The market which stood at US$ 18.6 Billion in 2014 has potential to report a significant growth in next six years. Indian 3PL market is anticipated to grow at around 22% CAGR to become US$ 62 Billion by 2020. Modern Warehousing and Value added services have been the fastest growing segments. CONCOR, TCI, Allcargo, DHL, Ageis, Gati Logistics and Redington are the top 3PL companies in India.

Research Analysis and Highlights

The report is spread in around 70 pages and provides an in-depth research and rational analysis of the current status and future prospect of Indian 3PL Industry. The study presents a transparent picture about different 3PL services such as transportation, warehousing, freight forwarding and other value added services. The research further covers the break up 3PL revenue by different industries such as FMCG, oil & gas, pharmaceuticals, e-commerce and other industries, detailed analysis of Indian 3PL and Logitics industry, growth drivers and challenges as well as recent developments.

The report also covers detailed information about active market players in the Indian 3PL industry, including domestic and global players to enable the clients understand the market structure and its growth during the forecasted period. In brief, the report, ?India 3rd Party Logistics Market Outlook 2020? covers all the necessary aspects of the Indian 3PL industry, providing an in-depth research and prudent analysis of the key segments.

Some of the key highlights of the report include the following:

? Growth Drivers such as controlled cost, growth in e-commerce market, globalization or economic growth, rising government support and implementation of GST
? Market Segmentation by services as well as by Industries contribution in 3PL Market
? Current and future market of 3PL and Logistics
? Leading Players and their share in Indian 3PL market
? Overview of Logistics Park

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM795.htm

Check Related REPORTS on: http://www.rncos.com/Transportation.htm

ABOUT RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.