Vietnam
3PL market by Market (Freight Forwarding and Warehousing Services) and by
Companies (International Companies and Domestic Companies); Major Players
Operating in Vietnam 3PL Market (DHL Vietnam, Damco Vietnam, FedEx, Kerry
Logistics, Gemadept, Vinafco, Transimex Saigon and others.
·
The growth in
Vietnam’s E-commerce industry is likely to drive the country’ 3PL market.
·
With Vietnam’s
accession to World Trade Organization (WTO), restriction on foreign entities
have been reduced.
Over
the forecasted period 2018-2022, 3PL companies operating in Vietnam will be
emphasizing more towards technological upgradation in order to increase client
interactions. Growth in Vietnam’s E-commerce industry is further expected to
drive the country’s 3PL market due to an increase in demand for faster delivery
of goods, efficient inventory management, freight forwarding and individualized
shipping time. Increasing globalization is encouraging companies across several
industry verticals such as E-commerce, food and beverage, durable
manufacturing, and general merchandising to expand their geographical presence,
therefore creating a positive impact on 3PL market. Third-party logistics
outsourcing is rapidly gaining importance in the country as more and more
corporations across the world are unable to manage their complex supply chains.
Vietnam’s
accession to the WTO has given a surge to the country’s FDI levels as more and
more foreign entities were witnessed to setup their manufacturing facility
within Vietnam. Increasing investments have given a rise to the production and
sales of domestic as well as international products within Vietnam along with
their transportation needs, thus providing companies with an option to in-house
the delivery process or outsource it to a 3PL provider. Logistics outsourcing
brings many benefits to the business such as it reduces capital, improves
customer service, faster delivery of goods, developing business relationships
and improved access to information.
Analysts
at Ken Research in their latest publication “Vietnam
Third Party Logistics (3PL) Market Outlook to 2022 – By Freight Forwarding and
Warehousing 3PL Services and By International Companies and Domestic Companies”
believe that companies focusing on untapped market, developing innovative
technological solutions and collaboration between trade related companies and
Logistics Service Providers (LSPs) will have a positive impact on the market.
Vietnam
3PL market is expected to register a positive CAGR of 13.6% during the forecast
period 2018-2022. The market is further expected to be driven by expanding
industrial activities, growing consumer preference for online shopping,
upcoming infrastructure in the country & continuous investment by the
government in development of logistics infrastructure and consistent economic
growth.
Key Topics Covered in the Report
Third
Party Logistics Market in Vietnam
Vietnam’s
3PL Market
3PL
Network in Vietnam
Logistics
Firms 3PL Share Vietnam
3PL
Companies Position Vietnam
Thị
Trường Hậu Cần Của Bên Thứ Ba
Vietnam
3PL Market
3PL
Service Providers in Vietnam
Logistic
Services E-Commerce Vietnam
Vietnam
3PL Industry
Vietnam
3PL Sector Growth
Vietnam
3PL Present Scenario
Current
Situation 3PL Services Vietnam
Emerging
Market Trends in Vietnam Third Party Logistics
Vietnam
3PL Industry Stage
Vietnam
3PL Market Growth
Vietnam
3PL Industry Trends
Vietnam
3PL Market Size
Third
Party Logistics Services in Vietnam
3PL
Services in Hanoi
3PL
Services in Ho Chi Minh City
3PL
Services in DA Nang
International
3PL Companies Vietnam
Domestic
3PL Companies Vietnam
Vietnamese
3PL Companies
Number
of 3PL Service Providers in Vietnam Logistics Industry
List
of 3PL Service Providers in Vietnam
Vietnam
3PL Market Competition Scenario
Impact
on Vietnam 3PL Market
Vietnam-EU
Trade Agreement Third Party Logistics
Players
Vietnam Third Party Logistics
Government
Regulations Vietnam Logistics
Vietnam
3PL Companies
3PL
Future Outlook Vietnam
Vietnam
3PL Market Future Projections
Future
of 3PL Services in Vietnam
Vietnamese
Third Party Logistics Service Providers
For more information on the research
report, refer to below link:
Related Reports
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Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249