According to our latest report “3rd Party Logistics Market in India”, retail industry has emerged as one of the main drivers of the 3 rd Party Logistics Market in the country. The emergence of modern retail outlets, growing investments, and rise in consumer spending has led to the tremendous growth in country’s retail industry during the past few years. In the highly competitive market, industry players are now focusing on core business and opting for 3 rd Party Logistics. It is expected that the 3 rd Party Logistics market in retail industry will surge at a CAGR 20% during forecast period (2011-2013).
Although 3rd part logistics market is still at its nascent stage in the country, on the back of few major driving factors discussed in report, the market will flourish in near future. It is anticipated, that the overall 3rd party logistics market will grow at a CAGR of 26% during 2011-2013. Further, with growing raw material cost for core business, government support, and rising investments, the 3rd party logistics market will propel in coming years. Besides, other segments like FMCG, Consumer Electronics & Durables, and Auto & Auto Component etc. mentioned in the report, offer huge untapped opportunities for the industry players.
The ongoing research also provide details about the warehousing and cold storage industry in the country and it has been found that these sectors are attracting concern of both private players and the government. Additionally, state wise warehousing and cold chains and upcoming infrastructural development at the regional front are covered in the report. Besides, major industry trends set to prevail in coming years are discussed in the report along with the future potential of the market.
“3rd Party Logistics Market in India”, also covers mode wise freight movement in the logistics industry and found that railways and roads are the major contributors to the freight movement. The respective regulatory bodies for air and sea transport have taken some major steps to improve the supply chain management, which are also discussed in the report. Special emphasis has been given to the competitive landscape to enable clients understand market structure and growth potential in coming years.
For more information visit: http://www.rncos.com/Report/IM186.htm |
