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Global and China Third-party Logistics Industry Report, 2016-2020

Synopsis

Third-party logistics can not only help companies complete cargo movement but effectively reduce logistics costs and speed up cargo turnover, fully meeting their requirements on logistics quality. Therefore, third-party logistics develops rapidly. In 2015, global third-party logistics market size hit USD721 billion, a YoY rise of 4.5%, occupying 8.2% of the logistics market size, and increased around USD35.9 billion in 2016, up to USD756.9 billion. In the future, by virtue of high efficiency and highly standardized operation, the third-party logistics market size will grow steadily, expectedly outstripping USD900 billion in 2020, with a share of nearly 10.0% in the logistics market size.

China is the world largest third-party logistics market. In 2015, its market size attained RMB1,065.2 billion or roughly USD171.8 billion (up 13.6% year on year), a 23.8% share in global market, and reached around RMB1,200 billion in 2016. Chinese (Mainland China) third-party logistics industry is still in its infancy, and lags behind the developed countries/regions by share in the whole logistic market (developed regions generally above 10.5%, Mainland China around 8.0%), leaving a large development space. Moreover, China’s regional trade imbalance also creates certain opportunities for the rapid development of third-party logistics. It is predicted that third-party logistics market size in China will see a CAGR of around 15.0% in 2016-2020.

Additionally with not a high market share, Chinese third-party logistics industry also has problems of insufficient demand and low-level demand at present, respectively due to relatively little use of third-party logistics by most traditional companies, and basic and conventional demand of companies which choose third-party logistics and their small demand for high value-added, comprehensive logistics service.

Development trend: to improve profitability and maximize operational efficiency, third-party logistics is heading towards largescale, informatization, asset-light and platform. In addition, as E-commerce in China gradually spreads to regions outside the first tier cities, third-party logistics companies make layout in the second- and third-tier cities accordingly.

Seen from competitive landscape, third-party logistics market has a low concentration rate, and the players compete fiercely. In 2015, CR10 of global third-party logistics industry was less than 20.0%, of which DHL Supply Chain & Global Forwarding with the largest market size only saw 4.1%; Sinotrans, China’s largest third-party logistics company, ranking eighth in the world, only witnessed a market share of 1.0%.

The report highlights the following:

  • Overview of third-party logistics, including definition, classification, industry characteristics, industry chain, etc.;
  • Overview of global and Chinese logistics industry, including development overview, operation mode, market status, industry characteristics, development trend, etc.;
  • Overview of global third-party logistics, including development situation, market size, market structure, competitive pattern, etc.;
  • Overview of Chinese third-party logistics, including development overview, development environment, market size, market structure, competitive pattern, problems, development trend, etc.;
  • Overview of third-party logistics market segments like automotive and pharmaceutical, including market size, status quo, etc.;
  • Development of infrastructure (highway, railway, water carriage, aviation), transportation equipment (truck, railway wagon, etc.) and other intelligent logistics equipment;
  • Overview of 13 foreign, 9 Chinese third-party logistics companies, including operation, third-party logistics layout, etc..
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Global and China Third-party Logistics Industry Report, 2016-2020

Published By :Research In China
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