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3PL Industry in India to Grow at 25% CAGR: RNCOS

Mar 30, 2010

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In India, 3PL market is currently in its early growth stages as these services are mainly being used by multinational companies in all industries. However, having learnt the several benefits enjoyed by these companies, numerous small to medium companies are also preparing to use 3PL services in their logistics functions, resulting in tremendous potential for the 3PL market in India. According to our new research "3rd Party Logistics Market in India", the 3PL market is anticipated to grow at a CAGR of nearly 25% during 2010-2012.

In our analysis, we have acknowledged several critical trends prevailing in the 3PL market in the country that are determining the industry's current and future directions. As discussed in the report, growth in overall 3PL industry in the country is largely associated with growth in auto and auto component industry. In coming years also, it is anticipated that the increasing automobile production and exports will propel the demand for 3PL in the country.

The report categories the entire 3PL sector into five important segments: Retail, Automobile, IT hardware, FMCG, Consumer Electronics and Durables. The report analyzes 3PL industry potentials in all these segments in detail. In addition, it also facilitates deep study on current and projected trends in the industry and provides objective analysis of industry developments. A brief overview of leading market players has also been provided in the report, which highlights their business description and strategies.
 
RNCOS' "3rd Party Logistics Market in India" gives extensive research and in-depth analysis of the 3PL market in India. In addition to the current market trends, the report presents future projections for the industry based on past drivers, challenges, and opportunities for expansion. In this way, the report presents a completely unbiased market picture that will prove decisive for the clients. Overall, our research study provides valuable information to clients looking to venture into this market and helps them to devise strategies while going for an investment/partnership in the concerned market.

For more information visit: http://www.rncos.com/Report/IM186.htm


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