Indian 3PL Industry To Grow At 25% CAGR During 2010-12

In India, 3PL market is currently in its early growth stages as these services are mainly being used by multinational companies in all industries.

However, having learnt the several benefits enjoyed by these companies, numerous small to medium companies are also preparing to use 3PL services in their logistics functions, resulting in tremendous potential for the 3PL market in India.

According to the research firm, growth in overall 3PL industry in the country is largely associated with growth in auto and auto component industry. In coming years also, it is anticipated that the increasing automobile production and exports will propel the demand for 3PL in the country.

The report categories the entire 3PL sector into five important segments: retail, automobile, IT hardware, FMCG, consumer electronics and durables. The report analyzes 3PL industry potentials in all these segments in detail. In addition, it also facilitates deep study on current and projected trends in the industry and provides objective analysis of industry developments.

The report gives extensive research and in-depth analysis of the 3PL market in India. In addition to the current market trends, the report presents future projections for the industry based on past drivers, challenges, and opportunities for expansion.

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