NEW YORK, June 23, 2021 /PRNewswire/ -- The global third-party logistics (3PL) market in Brazil is expected to grow by USD 5.22 billion, progressing at a CAGR of about 5% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Read the 120-page report with TOC on "Third-Party Logistics (3PL) Market in Brazil Analysis Report by End-user (Consumer goods, Manufacturing, Automotive, and Others), Service (Warehousing and distribution, Transportation, and Others), and Geography (South America and Brazil), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.
The third-party logistics (3PL) market in Brazil is driven by the soaring e-commerce sector in Brazil. In addition, the increasing popularity of sustainable resources is anticipated to boost the growth of the Third-Party Logistics (3PL) Market in Brazil.
Due to huge demand certainties, e-commerce companies prefer 3PL to manage their supply chain efficiently by reaching end-users across regions. Brazil, which is recovering from its major economic downturn between 2014 and 2016, is witnessing rapid growth in the e-commerce sector. The e-commerce market in Brazil grew by almost 56%, reaching nearly $20 billion in sales revenue and expected to witness continuous growth during the forecast period. Hence, with the rapid rise in e-commerce, the demand for 3PL for both long-distance transportation and last-mile delivery across the country will increase during the forecast period.
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Third-Party Logistics Market in Europe- The third-party logistics (3PL) market size in Europe is segmented by end-user (manufacturing, retail, consumer goods, healthcare, and others), service (transportation, warehousing and distribution, and others), and geography (Germany, France, UK, Italy, and rest of Europe). Download FREE Sample Report
3PL Market in the US- The 3PL market size in the US is segmented by end-user (retail, manufacturing, automotive, food and beverages, and others) and service (transportation, warehousing and distribution, and others). Download FREE Sample Report
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