3PL Market in India to Post a Double-Digit Growth

Backed by improving infrastructure and growth in various industries, 3PL Market in India is experiencing a double-digit growth of around 22% at present, says RNCOS.

NOIDA, India (prHWY.com) November 7, 2012 - According to a recent research report by RNCOS, "3rd Party Logistics Market in India", with increased outsourcing of supply chain and logistics functions by companies ranging from small firms to multinationals; 3PL market in India is quickly gaining momentum. Moreover, many players are now penetrating the 3PL industry as a result of the growth in Automobile, IT, FMCG and various other industries. As per our analysis, with continuously improving infrastructure and rising focus on core business operations by various companies, 3PL market in India is anticipated to witness a strong double-digit growth of around 22% during the forecast period (2012-2015).

Besides, it has been found that 3PL market in India is mainly dominated by automobile industry, while IT hardware is one of the fastest growing segments in 3PL market in India. The report provides the comprehensive segment wise (Automobile, IT Hardware, FMCG and Consumer Electronics) market potential of the 3PL services to facilitate a better analysis of the penetration level of latest logistic services across different industries in India. Further, continuous improvement in logistic infrastructure is leading 3PL services to be perceived as a far better mode of controlling both internal and external logistic processes.

The report, "3rd Party Logistics Market in India", by RNCOS provides an in-depth research and rational analysis of the current status and expected position of the 3PL market in India. It facilitates the future forecasts on 3PL market in Automobile, IT Hardware, FMCG and Consumer Electronics segments during 2012-2015. Additionally, analysis of freight movement with respect to railways, air cargo, ocean cargo, and road transport has also been included in the report to provide a balanced outlook on the potentials of the 3rd party logistics Industry in India. It also provides profiling of the major players segmented into public and private players that will help clients to gain insights on their overall business, industry and activities.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM186.htm

Some of our Related Reports are:

- Chinese Logistics Market Forecast to 2012 (http://www.rncos.com/Report/IM236.htm)
- China Shipbuilding Industry Forecast (http://www.rncos.com/Report/IM223.htm)

Check Related REPORTS on: http://www.rncos.com/Transportation.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: india 3pl market

Categories: Shipping

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