PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2011/10/18 - On the back of several factors studied in our report, the 3PL market is set for rapid expansion at the rate of around 26% during the forecast period, says RNCOS - RNCOS.com.
According to our latest report titled,“3rd Party Logistics Market in India”, Indian 3PL market will witness a rapid growth rate in the recent years on the back of various factors. The market is likely to grow at a CAGR of around 26% during 2012-2014.
This report is compiled by using data and information sourced from proprietary databases, credible government sources, and authentic domestic news sources and in-house analysis by our team of industry experts at RNCOS. Our team of researchers analyzed the emerging trends in the Indian 3PL market. While forecasting, we have given due consideration to the ongoing research, key vertical sector demand, and developments, which are essential in determining the prospective growth potentials of the sector.
The report spread over 50 pages is an outcome of an extensive research and provides detailed analysis on the 3PL market in Retail, auto and auto components, FMCG, Consumer Electronics and durables and the factors responsible for their growth. The report also provides detailed analysis on freight movement with respect to railways, air cargo, ocean cargo, and road transport. The report also highlights the storage infrastructure in logistics market covering warehousing and cold chain. Overall, the report is likely to provide clients a better understanding of growing 3PL market in India.
Get the Answers You Need to Shape Your Strategy
- Though consumer durable and electronics 3PL market being are small contributors to the total 3PL market total growth, but it is growing at a tremendously at a fast rate. What growth other segments are viewing to craft total 3PL market to grow at 26%?
- By 2012, various logistics parks are expected to establish across India. What are the major logistics projects coming up?
- Road transportation has emerged as the preferred choice for mode of transport for freight movement. What are the other choices for freight movement and their market size?
- Warehousing has been the most important aspect of the logistics industry supply chain and agriculture, and manufacturing sectors have been identified as traditional growth drivers that have contributed to the demand for warehouse space in India. What is the potential of the growth of warehousing industry and which regions will witness major developmental activities in terms of warehousing?
Established in 2002, RNCOS (rncos.com) is a premier source of industry research and information provider. We bring first-hand information and prudent analysis on different industries, technologies, economic and non-economic market parameters, potential markets, and key competitors, to help clients identify prospective growth areas and gain competitive edge.