Key trends of the 3PL market in India
The 3PL market is relatively unorganized with close to 91% of the market occupied by small private players. Altough the region lags in terms of transport infrastructure and connectivity, it presents a huge untapped potential in the use of order management, IT services, and large fleet management services.
Private equity investments in the Indian logistics market is expected to propel growth in the future. In 2014, Mahindra Logistics bagged private equity investment worth close to $17 billion from Kedaara Capital. Similarly, other vendors are also likely to follow, and this trend is expected to help the market attain a CAGR of approximately 9% during the forecast period.
Key challenges in the 3PL market in India
Vendors in the market deal with complexities involving different state laws and a non-uniform tax structure. Transporting goods through multiple cities and regions of India results in negotiating with different state tax laws which results in increasing costs. Moreover, the industry is highly competitive and capital intensive in nature. Therefore, it has become imperative for 3PL companies in India to curb their operational expenditure to remain competitive.
To tackle these issues, many companies in the market are taking to the M&A route. This strategy is helping large vendors to scale up their infrastructure while expanding their customer base. The market will witness a growing trend of mergers and acquisitions as Indian players will also look to enlarge their global footprint in the years to come.
Market segmentation of the 3PL in India by services outsourced
Transportation
Warehousing
VAS
Freight and Forward
Transportation is the most outsourced logistics function in the 3PL market in India. It accounts for a major share of the revenues generated in the market. The automotive industry is the largest contributor of this segment. With the rising adoption of the just in time (JIT) method, the usage of 3PL in the transportation of goods in the automobiles and manufacturing sectors is slated to increase through 2019.
Leading vendors in the 3PL market in India
With growing industrialization and trade in the region, the requirement for outsourced logistics is growing, and the market is therefore witnessing the entry of new players. Currently, the market is extremely fragmented and localized with companies catering to specific regions and logistics sub-segments.
The top five leading vendors in the market include: -
Aegis
Allcargo
Gati
DIESL
TCI
The other prominent vendors in the market include ABC India, AFL, AQUA Logistics, Atlas Logistics, C.H. Robinson. CEVA Logistics, DELEX, DHL, Dynamic Logistics, Geologistics, GSI, Hyundai Glovis, Jeena and Company, Keery Logistics, Kheune, Mahindra Logistics, Malca-Amit, Maruti 3PL, Nippon Express, Patel Logistics, Redington, Reliance, Safexpress, SAL Logistics, Sinotrans, Take Solutions, TKM, Total Logistics, Transystem, and TVS.
Other sections of the report include an analysis of the following
Key drivers, challenges, and trends and their impact on the 3PL market in India
Five forces analysis of the 3PL market in India
What are the market opportunities and threats faced by the key vendors?
Related reports
3PL Market in Europe 2015-2019
3PL Market in the US 2015-2019
3PL Market in Brazil 2015-2019
3PL Market in Japan 2014-2018
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Service Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Snapshot
06.2 Market Structure
07. Logistics Market in India: An Overview
07.1 LPI
07.2 Share of Logistics Cost as a Percentage of GDP
07.3 Components of Logistics Cost
07.4 Comparison of Logistics Cost in India with Leading Developing Countries
08. 3PL Market in India
08.1 Market Size and Forecast by Revenue
08.2 Five Forces Analysis
09. Market Segmentation by Services Outsourced
09.1 3PL Market in India Segmentation by Services Outsourced in India 2014
09.2 3PL Market in India Segmentation by Services Outsourced 2014-2019
09.3 3PL Market in India by Transportation Segment
09.3.1 Market Share by Mode of Transportation
09.3.2 Market Size and Forecast by Revenue
09.4 3PL Market in India by Warehousing Segment
09.4.1 Market Size and Forecast by Revenue
09.5 3PL Market in India by Value-added Services Segment
09.5.1 Market Size and Forecast by Revenue
09.6 3PL Market in India by Freight and Forward Segment
09.6.1 Market Size and Forecast by Revenue
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
17.1 Competitive Scenario
17.2 Key Vendor Ranking 2014
17.3 Other Prominent Vendors
18. Key Vendor Analysis
18.1 Aegis
18.1.1 Key Facts
18.1.2 Business Overview
18.1.3 Business Segmentation by Revenue 2014
18.1.4 Business Segmentation by Revenue 2013 and 2014
18.1.5 Recent Developments
18.1.6 SWOT Analysis
18.2 Allcargo Logistics
18.2.1 Key Facts
18.2.2 Business Overview
18.2.3 Business Segmentation by Revenue 2014
18.2.4 Geographical Segmentation by Revenue 2014
18.2.5 Recent Developments
18.2.6 SWOT Analysis
18.3 DIESL
18.3.1 Key Facts
18.3.2 Business Overview
18.3.3 Recent Developments
18.3.4 SWOT Analysis
18.4 Gati
18.4.1 Key Facts
18.4.2 Business Overview
18.4.3 Business Segmentation by Revenue 2014
18.4.4 Geographical Segmentation by Revenue 2014
18.4.5 Business Strategy
18.4.6 Recent Developments
18.4.7 SWOT Analysis
18.5 Om Logistics
18.5.1 Key Facts
18.5.2 Business Overview
18.5.3 Business Segmentation
18.5.4 Recent Developments
18.5.5 SWOT Analysis
18.6 Transport Corporation of India (TCI)
18.6.1 Key Facts
18.6.2 Business Overview
18.6.3 Business Segmentation by Revenue 2015
18.6.4 Business Segmentation by Revenue 2014 and 2015
18.6.5 Business Strategy
18.6.6 SWOT Analysis
19. Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: 3PL Market in India: Market Snapshot
Exhibit 3: 3PL Market in India: Market Structure
Exhibit 4: Demand and Growth Drivers for Indian Logistics Market
Exhibit 5: LPI of Countries in APAC Region 2014
Exhibit 6: Logistics Cost in India as a Percentage of GDP 2014
Exhibit 7: Share of Logistics Cost Components in Total Logistics Cost in India 2014
Exhibit 8: Comparison of Logistics Cost Share as Part of the Total GDP of Leading Countries 2014
Exhibit 9: Logistics Provider Pyramid
Exhibit 10: Traditional Outsourcing versus 3PL
Exhibit 11: 3PL Market in India 2014-2019 ($ billions)
Exhibit 12: 3PL Market in India Segmentation by Services Outsourced
Exhibit 13: 3PL Market Segmentation by Logistics Functions in India 2014 (Revenue %)
Exhibit 14: 3PL Market in India Segmentation by Services Outsourced 2014-2019 (revenue %)
Exhibit 15: 3PLMarket in India Segmentation by Services Outsourced 2014-2019 ($ billions)
Exhibit 16: Transportation Services Share By Mode of Transportation 2014
Exhibit 17: 3PL Market in India by Transportation Segment 2014-2019 ($ billions)
Exhibit 18: 3PL Market in India by Warehousing Segment 2014-2019 ($ billions)
Exhibit 19: 3PL Market in India by Value-added Services Segment 2014-2019 ($ billions)
Exhibit 20: 3PL Market in India by Freight and Forward Segment 2014-2019 ($ billions)
Exhibit 21: Drivers for 3PL Market in India
Exhibit 22: Key Outsourced Logistics Services (2014)
Exhibit 23: Average cost reduction for shippers by utilizing 3PL services 2014
Exhibit 24: Challenges faced by vendors in 3PL market in India
Exhibit 25: Emerging Trends in 3PL Market in India
Exhibit 26: Aegis Logistics: Business Segmentation by Revenue 2014
Exhibit 27: Aegis Logistics: Business Segmentation by Revenue 2013 and 2014 ($ million)
Exhibit 28: Allcargo Logistics: Business Segmentation by Revenue 2014
Exhibit 29: Allcargo Logistics: Geographical Segmentation by Revenue 2014
Exhibit 30: Gati: Business Segmentation by Revenue 2014
Exhibit 31: Gati: Geographical Segmentation by Revenue 2014
Exhibit 32: Om Logistics: Business Segmentation 2014
Exhibit 33: Transport Corporation: Business Segmentation by Revenue 2015
Exhibit 34: Transport Corporation: Business Segmentation by Revenue 2014 and 2015 ($ millions)
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