PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351309
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351309
Asia-Pacific Fourth Party Logistics Market, By Type ; By End User ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
Asia-Pacific Fourth Party Logistics (4PL) Market Size Booming to Touch USD 30.8 Billion by 2029.
Asia-Pacific fourth party logistics (4PL) market is flourishing because of an increasing demand for an easy and effective supply chain system and a spurring demand for customized solutions.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia-Pacific fourth party logistics (4PL) market size at USD 19.69 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Asia-Pacific fourth party logistics (4PL) market size to grow at a significant CAGR of 6.6% reaching a value of USD 30.79 billion by 2029. Major growth drivers for the Asia-Pacific fourth party logistics (4PL) market include the increasing economic growth and rising expansion of supply chain intricacies. Also, the adoption of dynamic logistics services by retail and consumer electronics sectors, coupled with manufacturers' efforts to enhance inbound procurement and supplier collaboration, are poised to further stimulate the 4PL market's growth in the near term. The introduction of the 4PL concept represents a significant advancement in tackling the challenges associated with the progressively intricate supply chain landscape. These developments align with various governmental initiatives aimed at fortifying the e-commerce sector, thereby contributing to the overall evolution and competitiveness of the Asia Pacific 4PL market. Governments in diverse economies, including India (initiatives such as Startup India, Make in India, Digital India, and Skill India), ASEAN nations (such as the ASEAN ICT Master Plan 2015 and ASEAN Broadband Corridor), and China (via multiple initiatives to enhance cross-border e-commerce administration and logistics), have implemented measures to promote e-commerce growth. These initiatives, coupled with the expanding 4PL landscape, are collectively shaping the future of logistics and supply chain management in the region. However, the high cost of 4PL services are anticipated to restrain the overall market growth during the period in analysis.
Asia-Pacific Fourth Party Logistics (4PL) Market - Overview:
Fourth-party logistics (4PL) services are alternatively referred to as "supply-chain-as-a-service." In this arrangement, 4PL providers seamlessly integrate themselves with the logistics department of their client companies. This strategic alignment empowers players in the 4PL market to adopt a comprehensive, hands-on approach to managing the entire spectrum of supply chain operations, encompassing tasks ranging from order management and warehousing to regulatory compliance and supplier coordination. Essentially, a 4PL service provider assumes the pivotal role of serving as the singular point of contact between numerous supply chain participants and the client organization. Within this framework, the 4PL provider takes charge of all operations, employing advanced resources and expertise to optimize processes and deliver enhanced value to its customers.
Impact of COVID-19 on Asia-Pacific Fourth Party Logistics (4PL) Market
COVID-19 pandemic adversely affected the Asia-Pacific fourth party logistics (4PL) market. Initially, it was disrupted by supply chain disruptions and reduced demand in various industries. However, the market subsequently experienced a surge in demand for agile and resilient supply chain solutions. The crisis highlighted the importance of robust logistics and the need for 4PL services to adapt quickly to unforeseen challenges. Many companies began outsourcing logistics to navigate the complexities of the pandemic, fueling the market's growth. Also, the adoption of technology-driven solutions, such as real-time tracking and digital platforms, accelerated, reshaping the Asia Pacific 4PL market to meet the evolving demands of a post-pandemic world.
Asia-Pacific Fourth Party Logistics (4PL) Market - By End User:
On the basis of end user, the Asia-Pacific fourth party logistics (4PL) market is divided into Aerospace & Defense, Automotive, Consumer Electronics, Food & Beverages, Industrial, Retail, and Healthcare segments. The retail segment held the highest share in the Asia-Pacific fourth party logistics (4PL) market by end user. The swift expansion of the e-commerce industry, combined with rising consumer expectations for tailored products and services, has driven the adoption of lead logistics providers within the retail supply chain. Fourth-party logistics (4PL) plays a pivotal role by offering a strategic perspective and enhancing inventory visibility, allowing retailers to efficiently allocate stocks and meet customer demands. 4PL facilitates the restocking of stores by strategically positioning inventory in smaller retail outlets, which often face constraints in terms of storage space to accommodate their inventory requirements.
Competitive Landscape:
Major players operating in the Asia-Pacific fourth party logistics (4PL) market include: Allyn International Services Inc., CEVA Logistics AG, DAMCO, DB Schenker, Deutsche Post AG, GEFCO Group, GEODIS, and Logistics Plus Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Asia-Pacific Fourth Party Logistics (4PL) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia-Pacific Fourth Party Logistics (4PL) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Asia-Pacific Fourth Party Logistics (4PL) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.2. Growth Drivers
- 3.2.1.1. Increase in demand for an easy and effective supply chain system
- 3.2.1.2. Rise in demand for customized solutions
- 3.2.2. Restraints
- 3.2.2.1. High cost of 4PL services
- 3.2.3. Opportunities
- 3.2.3.1. Growth in the e-commerce market
- 3.2.4. Challenges
- 3.2.4.1. Lack of standardization
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Asia-Pacific Fourth Party Logistics (4PL) Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Industry Innovator Model
- 4.2.1.2. Solution Integrator Model Synergy Plus Operating Model
- 4.2.2. By End User
- 4.2.2.1. Aerospace & Defense
- 4.2.2.2. Automotive
- 4.2.2.3. Consumer Electronics
- 4.2.2.4. Food & Beverages
- 4.2.2.5. Industrial
- 4.2.2.6. Retail
- 4.2.2.7. Healthcare
- 4.2.2.8. Others
- 4.2.3. By Country
- 4.2.3.1. China
- 4.2.3.2. India
- 4.2.3.3. Japan
- 4.2.3.4. South Korea
- 4.2.3.5. Indonesia
- 4.2.3.6. Vietnam
- 4.2.3.7. Malaysia
- 4.2.3.8. Rest of Asia Pacific
- 4.2.1. By Type
5. China Fourth Party Logistics (4PL) Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By End User
6. India Fourth Party Logistics (4PL) Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By End User
7. Japan Fourth Party Logistics (4PL) Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By End User
8. South Korea Fourth Party Logistics (4PL) Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By End User
9. Indonesia Fourth Party Logistics (4PL) Market
- 9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By End User
10. Vietnam Fourth Party Logistics (4PL) Market
- 10.1. Market Size & Forecast, 2019-2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By End User
11. Malaysia Fourth Party Logistics (4PL) Market
- 11.1. Market Size & Forecast, 2019-2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By End User
12. Rest of Asia-Pacific Fourth Party Logistics (4PL) Market
- 12.1. Market Size & Forecast, 2019-2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By End User
13. Competitive Landscape
- 13.1. List of Key Players and Their Offerings
- 13.2. Asia-Pacific Fourth Party Logistics (4PL) Company Market Share Analysis, 2022
- 13.3. Competitive Benchmarking, By Operating Parameters
- 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
14. Impact of Covid-19 on Asia-Pacific Fourth Party Logistics (4PL) Market
15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 15.1. Allyn International Services Inc.
- 15.2. CEVA Logistics AG
- 15.3. DAMCO
- 15.4. DB Schenker
- 15.5. Deutsche Post AG
- 15.6. GEFCO Group
- 15.7. GEODIS
- 15.8. Logistics Plus Inc.
- 15.9. Other Prominent Players
16. Key Strategic Recommendations
17. Research Methodology
- 17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
- 17.2. Quantitative Research
- 17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
- 17.4. Breakdown of Primary Research Respondents, By Country
- 17.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Asia-Pacific Fourth Party Logistics (4PL) Systems Segmentation
- Figure 2 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 5 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 6 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 7 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Share, By Country, By Value, 2019-2029
- Figure 8 China Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 9 China Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 10 China Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 11 India Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 12 India Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 13 India Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 14 Japan Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 15 Japan Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 16 Japan Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 17 South Korea Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 18 South Korea Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 19 South Korea Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 20 Australia & New Zealand Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 21 Australia & New Zealand Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 22 Australia & New Zealand Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 23 Indonesia Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 24 Indonesia Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 25 Indonesia Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 26 Malaysia Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 27 Malaysia Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 28 Malaysia Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 29 Singapore Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 30 Singapore Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 31 Singapore Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 32 Vietnam Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 33 Vietnam Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 34 Vietnam Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
- Figure 35 Rest of APAC Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Figure 36 Rest of APAC Fourth Party Logistics (4PL) Systems Market Share, By Type, By Value, 2019-2029
- Figure 37 Rest of APAC Fourth Party Logistics (4PL) Systems Market Share, By End User, By Value, 2019-2029
List of Tables
- Table 1 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 2 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 3 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 4 Asia-Pacific Fourth Party Logistics (4PL) Systems Market Size, By Country, By Value, 2019-2029
- Table 5 China Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 6 China Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 7 China Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 8 India Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 9 India Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 10 India Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 11 Japan Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 12 Japan Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 13 Japan Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 14 South Korea Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 15 South Korea Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 16 South Korea Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 17 Australia & New Zealand Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 18 Australia & New Zealand Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 19 Australia & New Zealand Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 20 Indonesia Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 21 Indonesia Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 22 Indonesia Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 23 Malaysia Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 24 Malaysia Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 25 Malaysia Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 26 Singapore Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 27 Singapore Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 28 Singapore Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 29 Vietnam Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 30 Vietnam Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 31 Vietnam Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 32 Rest of APAC Fourth Party Logistics (4PL) Systems Market Size, By Value (USD Million), 2019-2029
- Table 33 Rest of APAC Fourth Party Logistics (4PL) Systems Market Size, By Type, By Value, 2019-2029
- Table 34 Rest of APAC Fourth Party Logistics (4PL) Systems Market Size, By End User, By Value, 2019-2029
- Table 35 Allyn International Services Inc. Company Overview
- Table 36 Allyn International Services Inc. Financial Overview
- Table 37 CEVA Logistics AG Company Overview
- Table 38 CEVA Logistics AG Financial Overview
- Table 39 DAMCO Company Overview
- Table 40 DAMCO Financial Overview
- Table 41 DB Schenker Company Overview
- Table 42 DB Schenker Financial Overview
- Table 43 Deutsche Post AG Company Overview
- Table 44 Deutsche Post AG Financial Overview
- Table 45 GEFCO Group Company Overview
- Table 46 GEFCO Group Financial Overview
- Table 47 GEODIS Company Overview
- Table 48 GEODIS Financial Overview
- Table 49 Logistics Plus Inc. Company Overview
- Table 50 Logistics Plus Inc. Financial Overview
