This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

5PL Solutions Market

5PL Solutions Market : Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030

Market Insights on 5PL Solutions covering sales outlook, demand forecast & up-to-date key trends

5PL Solutions Market Overview

5PL solutions are made up with the combination of 3PL solution that enables the process of outsourcing of transportation resources and 4PL solution that defines a concept of lead logistics integrator. 

5PL solutions have made the businesses to realize more opportunity to alternative business models through the concrete integration of consumer-centered demands and economic logistics solutions in their service portfolio, to achieve positive sustainability effects.

5PL solutions are used to organize, plan, and implement logistics solutions for contract organizations focused on using the advanced technologies such as logistics automation and IoT.

Accordingly, logistics coordination mechanisms and joint decision-making are integrated to achieve more sustainable supply chain configurations. 5PL solutions are based on information technology (IT) infrastructure that requires new technology of management considering the principles of group behavior and self-organization.

Impact of COVID-19 Pandemic Outbreak on 5PL Solutions Market

The COVID-19 pandemic has impacted the logistics sector to a great extent. The economic crisis resulted due to lockdowns and temporary production halts, has off-tracked the entire industrial supply chains across various industries.

Weakening manufacturing confidence and low demand for raw materials and commodities are heightening the uncertainty for the logistics market. The industry's concern has moved on from being centered on supply chain disruption from China to the overall slump in demand for industrial products.

 Furthermore, changes in consumer buying behavior owing to uncertainty surrounding the pandemic may have serious implications on the near future growth of the 5PL solutions market. Owing to the spreading of COVID-19 virus across all regions, the 5PL solution market is expected to decline by 4-5% by the end of year 2020.

However, the market is projected to return to a steady growth by the end of 2021. Governments and logistics associations are focusing on providing 5PL solutions for freight transport, inventory management, storage, materials handling and all the logistic related operations, in a way that meets customer demands at optimal cost, to ensure the market recovery.

Customize this Report

Let us know your requirement to get
100% FREE customization

5PL Solutions Market: Drivers and Challenges

Rising International Trade to Drive Market Growth

The demand for 5PL solutions is increasing globally, due to rising national and international trade agreements. Also, the adoption of key technologies such as IoT, Blockchain, AI/ML, Big Data & Analytics, is driving the need for digital transformations within the logistics sector.

The growing free trade activities across nations, is providing new avenues for manufacturers to enter developed and developing economies. Such trade practices are projected to stimulate the growth of various manufacturing sectors including electronics, automotive, industrial manufacturing and others, which will further assist in fueling the growth of 5PL solutions.

Moreover, the growing internet penetration, m-commerce penetration, and e-commerce growth, are expected to increase the demand for the 5PL solutions market during the coming years. The 5PL solutions offer different features such as multimodal logistics, facilitating the smooth and efficient transportation, and offering complete security and transparency. The reliability of such a features are driving the 5PL solutions market growth.

 Challenges

The stringent government regulations in logistics and transportation sector is hampering the 5PL solution market growth. Also, the high initial investment required for procuring 5PL solutions and high operational costs, acts as a challenge for the global 5PL solutions market in the coming future.

5PL Solutions Market: Competition Landscape

Some of the prominent players providing 5PL Solutions are

  • Deutsche Post AG
  • DB Schenker
  • Kuehne + Nagel Management AG
  • CEVA Logistics AG

These players have adopted key strategies like partnering with local vendors, to strengthen their supply chain offerings. Moreover, the players are also doing upgrades to the existing logistics solutions, to integrate emerging technologies like IoT, Blockchain, AI and others, to enhance their solution capabilities

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

5PL Solutions Market: Regional overview

Based on the regional trade landscape, the adoption of the 5PL solutions fluctuate across various geographical regions. The global 5PL solutions market is anticipated to be led by the Europe region and is expected to continue its dominance over the forecast years, due to the rising free trade agreements in Europe.

However, the 5PL solutions in East Asia is witnessing high growth, owing to increasing manufacturing productions for electronics, automotive, semiconductor components, enabling high demand for 5PL logistics solutions. The 5PL solutions market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The 5PL solutions market report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • 5PL Solutions Market Segments
  • 5PL Solutions Market Dynamics
  • 5PL Solutions Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the 5PL Solutions Market
  • Technology Landscape
  • Value Chain of the 5PL Solutions Market
  • 5PL Solutions Market Drivers and Restraints
Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, & Rest of Latin America)
  • Europe (Germany, Italy, U.K, Spain, France, BENELUX, Russia, & Rest of Europe)
  • East Asia (China, South Korea, and Japan)
  • South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia)
  • Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of Middle East & Africa)

5PL Solutions Market: Segmentation

The 5PL solutions market has been segmented on the basis of type, application, and region.

Basis of Types:

  • Transportation
  • Warehousing
  • Other services

Aplications:

  • Electronic Commerce
  • Trading  
  • Logistics
  • Others
Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Technology Insights

View Reports
Google translate