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(EstateNewsWire.com, July 03, 2019 ) Asia-Pacific has become a global manufacturing hub with the presence of diverse manufacturing industries. Further, the governments of these countries are making developments to improve investment scenario. The governments are providing tax-rebates, funds, subsidies and other such support to attract the manufacturing companies to set-up plants in their respective countries. Further, several governments have taken initiatives such as Made in China 2025, and Make in India, among others to flourish the growth of manufacturing and other high-tech industries. APAC region boasts of more than one-third of the global population, the market attractiveness for e-commerce industry is very high in the region. Further, developing economies and rising disposable incomes with individuals have accentuated further the growth in e-commerce activities. Rising demand diversities on account of diverse demographics observed in the region contributes to the supply chain complexities, thus requiring the needs for 4PL services to be deployed by the shipping companies.
Get sample PDF copy at: http://bit.ly/2XEgW5b
The key players influencing the market are:
Allyn International Services, Inc. CEVA Logistics AG DAMCO DB Schenker Deutsche Post AG GEFCO Group GEODIS LOGISTICS PLUS Inc. UPS Supply Chain Solutions (United Parcel Service, Inc.) XPO Logistics
It has been observed that regional demographics have also played a crucial role in the growth of the 4PL services market. As an example, the 4PL adoptions is observed by the retail sector, which in-turn has propelled due to the advent of e-commerce. As APAC region boasts of more than one-third of the global population, the market attractiveness for e-commerce industry is very high in the region. Further, developing economies and rising disposable incomes with individuals have accentuated further the growth in e-commerce activities. Rising demand diversities on account of diverse demographics observed in the region contributes to the supply chain complexities, thus requiring the needs for 4PL services to be deployed by the shipping companies.
Asia is home for nearly 3.5 Bn people, and presently, GDP per capita is 6,799 USD which is expected to grow. There are pleasant e-commerce markets within Asian countries such as China, Japan, and India. Also, count of users using online websites for shopping is projected to increase by 2021. This represents 53% of the total population. Such growing internet of users towards e-commerce sector for fashion, electronics, and other products would help the industry to contribute high portion in GDP. Moreover, many of Asia’s countries holds a leading position in the world of logistics such as China, Taiwan, Japan, Hong Kong, South Korea, and Singapore. Growing e-commerce industry provides positive opportunities to the 4PL providers across Asia.
The report segments the global fourth party logistics market as follows:
Global Fourth Party Logistics Market - By Type
Synergy Plus Operating Model Solution Integrator Model Industry Innovator Model Global Fourth Party Logistics Market - By End-User
Automotive Healthcare Food and Beverage Consumer Electronics Aerospace and Defense Retail Industrial Others Global Fourth Party Logistics Market - By Geography
North America U.S. Canada Mexico Europe France Germany Italy Spain UK Rest of Europe Asia Pacific (APAC) Taiwan China India Australia Japan Rest of Asia Pacific Middle East and Africa (MEA) Saudi Arabia UAE South Africa Rest of MEA
Buy Now This Report at: http://bit.ly/2XJb3n4 About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
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