PUNE, India, March 4, 2016 /PRNewswire/ --

The 2016 logistics market research report believes that the global outsourced logistics market was valued at over US$760bn in 2015, having grown by almost 5% in 2015 and growth driven by both increased economic activity and the continued trend in outsourcing of logistics activities to third-parties, both new outsourcers and companies outsourcing more activities to third-parties.

The market has been driven by consolidation over the last 20 years, with customers seeking fewer, larger providers that are able to manage complex supply chains on a global basis. Complete report on Logistics market spread across 82 pages providing 40 company profiles and 247 figures is available at http://www.marketreportsonline.com/447673.html

The key input to our logistics market size estimates is a bottom-up analysis of the revenues of the logistics companies we have identified as the leading global market participants. Adjustments have been made to compensate for missing data and to reflect the extent to which these companies are involved in other activities in addition to logistics.

The logistics market numbers do NOT include international or domestic parcel delivery, real estate, engineering or other activities. Some company revenues include parcel or other operations and are noted accordingly, but in most instances have been removed where reported for consistent comparisons.

The largest region in terms of outsourced logistics market size is Asia Pacific, followed by Europe and North America, with the Asia Pacific region having experienced faster growth in logistics market value than other regions. Outsourcing penetration is highest in Europe, but levels are increasing quickly in Asia Pacific.

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There has been significant mergers and acquisitions activity in the  global logistics industry.

XPO Logistics has been at the forefront of acquisition activity in recent years, acquiring a number of logistics companies in various regions, including Norbert Dentressangle, Con-way and New Breed Logistics. Other notable acquisitions include: DSV's proposed acquisition of UTi Worldwide; Geodis' acquisition of Ozburn-Hessey Logistics; Kintetsu World Express' acquisition of APL Logistics; Japan Post's acquisition of Toll Group; CH Robinson's acquisition of Freightquote; Goldman Sachs / Rhone Capital's acquisition of Neovia Logistics.

The trend of outsourcing business processes and supply chain activities continues to be a driver of logistics company revenues and hence market growth. The growth of e-commerce is also creating an environment where supply chains are adapting to new models. Ecommerce is driving further logistics outsourcing to third-party supply chain specialists. Dedicated e-commerce warehousing and distribution contracts are increasingly being awarded to logistics providers. A key trend in the global logistics market is the provision of value-added services and bespoke solutions. Logistics providers are increasing their focus on specific industry sectors such as high-technology, automotive and pharmaceuticals, and offering additional value-added services that make their services more relevant for client needs. New technologies are finding their way into logistics market services in order to improve productivity and enhance service. New logistics technologies being developed include vehicle management software, self-driving vehicles, robotics, internet of things applications and augmented reality.

Competitive Landscape of Global Logistics Market: 

The leading logistics market providers covered in this report generated combined 2014 logistics revenues of US$285bn, demonstrating that the global outsourced logistics industry remains fragmented and open to further consolidation. The largest logistics providers are characterized by differing service lines, asset ownership models, geographical scope and types of customers they serve.

The top three groups are all based in Europe: DPDHL is the largest provider globally, followed by Kuehne & Nagel and DB Schenker Logistics. All three have grown slower than the market in recent years as they have consolidated the major acquisitions made in the past.

XPO Logistics has recently joined the top six as a result of its recent big acquisitions (Dentressangle and Con-Way). Most, but not all, of the leading logistics market providers operate on a global scale, covering more than one continent. Some have a significant presence in all regions (ie Europe, Americas, Asia Pacific and Middle East / Africa).

Other Related Reports on Logistics Market:

Indian Third Party Logistics Market: Trends and Opportunities (2015 Edition)

Global Third-Party Logistics (3PL) Market Report

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