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High logistics cost and booming auto, electronics & retail sector driving 3PL market in India

Netscribes, Inc. launches report on Third Party Logistics Market in India 2012 covering market with strong growth potential; the report is part of the Netscribes’ Transportation & Logistics Series.

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PRLog (Press Release) - Dec. 10, 2012 - Indian economic growth is creating demand for third party logistics (3PL) services in the country, according to the latest report from Netscribes Inc., a global market intelligence firm. The report identifies high cost of logistics, the growing dependence on 3PL services from automobiles and auto components sector as the major demand drivers for the 3PL sector in India. The report also highlights the strategies that players in the 3PL market need to adopt in order to benefit from the retail boom in the country.

The report begins with an introduction of the industry, classifying the logistics sector into its major segments and highlighting the focus of the study. The report then highlights the evolution of the 3PL along with a workflow indicating. Illustrations in the subsequent slides showcase the change of functions, the classification of 3PL providers on the basis of functions and the advantages of outsourcing logistics to 3PL players.

The market overview section provides a brief snapshot of both global and domestic 3PL markets. To begin with, it gives a brief overview of global third party logistics market followed by its market size and growth. Considering the gross logistics revenue of top 50 global 3PL players the share of different continents is also found out. Major players in global 3PL market are identified and share of top 10 global 3PL players is also provided. Subsequently, a brief overview of Indian 3PL market followed by its market size and growth potential is provided. The segmentation of the 3PL market is provided with the current and expected share of 3PL in total logistics highlighted. The report goes on to show the increase in share of local companies outsourcing logistics services with top five reasons for outsourcing. The share of 3PL service providers in India is also provided with respective sectors analyzed in terms of customer’s propensity to outsource. Demand for 3PL services from various sectors and from different regions along with their share are also identified in this section along with a mapping of the 3PL market presence in India.

The 3PL – Shipper Relationship section mainly analyzes survey results from 3PL and shipper respondents. The outsourced logistics services are identified and the spending on those services is depicted in the report. Continent wise total logistics expenditures and then the total logistics expenditures directed towards outsourcing are analyzed. Transportation and warehousing spending managed by third parties in these continents are studied to find the global outsourcing spending pattern. Further, the changes in the use of 3PL services globally are examined and a comprehensible analysis 3PL – shipper relationship shows the shipper’s benefits from use of 3PL services. The necessary IT features for shippers and 3PL and remaining IT gap is identified. The report also analyses opportunities for shippers and 3PL in the emerging markets like China, India, Brazil and Mexico.

The Drivers and Challenges section of the Netscribes report provides a comprehensive set of factors which boosts and hinders the growth in the market. An analysis of the section brings forth the key drivers fueling growth in the market including economic growth, high cost of logistics in India, growth in consumer electronics and durables industry, growth in auto and auto components sector, growth in retail sector, phased implementation of VAT, and government infrastructure initiatives. While the challenges identified comprises infrastructure congestion, high inventory levels, lack of skilled manpower, and lack of trust and awareness.

The Technology Adoption section of the report emphasizes the recent trends in terms of technology in the 3PL sector. Identification Technology including Barcode and RFID; Material Handling Technology including Automated Guided Vehicle System (AGVS) and Information directed System; Communication Technology including Global Positioning System (GPS) Tracking and Enterprise Applications including ERP, eBizNET – SC suite, Vin eRetail have been highlighted and explained in this section, with major emphasis on their impact on the industry.  The major IT vendors for 3PL providers have also been listed.

The competition section profiles the major players in 3PL market in India in details which enables readers to get a clear picture of the current competitive scenario. The section lists information such as corporate information, business highlights and key members. The section also features financial analysis of key vendors which in turn provides an insight into the financial health of players.

Recent Transactions section of the report includes the deals and investments in 3PL companies in India over the period 2010–12.

The strategic recommendations section discusses issues in the 3PL market in India and provides strategies that help overcome these challenges. The demands of India’s 3PL sector and the role of 3PL in corporate growth are also provided. Opportunities for domestic and foreign 3PL providers are also explained in this section.

For more details on the content of each report and ordering information please contact:

Phone: +91 33 4027 6214 / 6215

E-Mail:info@netscribes.com

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Contact Email:
***@netscribes.com Email Verified
Source:Netscribes
Phone:+91 33 4064 6214
Zip:400012
City/Town:Mumbai - Maharashtra - India
Industry:Business
Tags:3PL, Market, logistics
Shortcut:prlog.org/12039941
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