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(EMAILWIRE.COM, September 06, 2010 ) New Delhi, India - According to our research report “3rd Party Logistics Market in India”, the third party logistics (3PL) market in India has been growing at fast pace for the last few years. Multinational companies have played an important role in the development of 3PL services in the country. Domestic companies are also shifting their focus towards outsourcing of their basic logistic functions in order to reduce cost and concentrate on their core competencies. Under the present scenario, we expected that the Indian 3Pl market will grow at a CAGR of over 25% 25% to reach a level of US$3.6 Billion by 2012.
We have also found that the Indian 3PL market is dominated by multinational companies that primarily use these services to improve the management of their supply chain mechanisms. These companies might move on to outsource their value-added advanced services such as customer support, inbound logistics and reverse logistics. Realizing the huge potential of the logistics market, 3PL service providers are extending the list of services. For instance - trucking and courier companies are providing express distribution and warehousing services.
“3rd Party Logistics Market in India” is an outcome of extensive research and thorough analysis of the burgeoning 3PL industry in India. The report also discusses the market structure, current and past market performance and factors critical to the success of the concerned industry. It has identified all the key players in the Competitor Analysis section and talks about their business profile and strategic moves.
Most importantly, the report provides segment-wise industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian 3PL industry that will prove decisive for clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM186.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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Shushmul Maheshwari
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shushmul@rncos.com
Source: EmailWire.com
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