Europe Third Party Logistics Market Size, Share, Growth, Emerging Trends, Investment Opportunities and Forecast To 2026

Report Highlights

Europe Third Party Logistics Market Analysis

According to Verified Market Research, the Europe Third Party Logistics Market was valued at USD 82.27 Billion in 2018 and is expected to witness a growth of 3.97% from 2019 to 2026, reaching USD 109.42 Billion by 2026.

Market Outlook:

The Europe Third Party Logistics Market report provides a comprehensive evaluation of the market for the forecast period. It includes various segments and an analysis of the prevailing trends and factors playing a substantial role in the market. The market dynamics encompass intrinsic factors such as drivers and restraints, as well as extrinsic factors such as opportunities and challenges, through which the impact of these factors on the market is outlined. Throughout the prognosis period, the report provides an outlook on the market's revenue development.

The growing complexity involved in in-house logistics operations is leading to an increased need for shippers to use other methods to carry out the logistics part of their operations. Various complexities regarding in-house logistics include difficulties in fleet management, a shortage of skilled drivers, lack of IT infrastructure such as track management systems, and operational issues, which are some of the challenges shippers face in managing in-house logistics.

This report provides an all-inclusive environment for the analysis of the Europe Third Party Logistics Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Europe Third Party Logistics Market growth.

The report also includes Porter's Five Forces analysis, which explains the five forces: namely buyers' bargaining power, suppliers' bargaining power, the threat of new entrants, the threat of substitutes, and the degree of competition in the Europe Third Party Logistics Market. It also elucidates the roles of various participants, such as system integrators, intermediaries, and end-users within the market ecosystem. The report also focuses on the competitive landscape of the Europe Third Party Logistics Market.