3PL is the
outsourcing of various elements of logistics and distribution by companies to
logistics solution providers known as 3PL providers. A 3PL provider is a
company to which shippers outsource some or all the supply chain management
functions of their logistics services. A 3PL provider is responsible for handling
customer logistics requirements and performs transportation, location tracking,
and sometimes product consolidation activities.
Analysts forecast
the 3PL
market in Japan to grow at a
CAGR of 2.14 percent over the period 2013-2018.
The report
recognizes the following companies as the key players in the Third Party
Logistics (3PL) Market in Japan: Daiwa House Industry Co. Ltd., Global Logistic
Properties Ltd. (GLP), Japan Logistics Fund Inc., Orix Corp. and ProLogis Inc.
Other Prominent
Vendors in the market are: Goodman, IIF, LaSalle Investment, Mapletree,
Mitsubishi, and Nomura Real Estate
One of the major
emerging trends in the market is the adoption of advanced technologies, which
is streamlining the entire process and enabling vendors to improve
effectiveness and efficiency. The dominance of integrators is facilitating the
provision of all services by a single vendor and is having a positive effect on
the marketplace.
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Covered in this Report
The 3PL market can
be segmented into the following three divisions: Value-added Warehousing and
Distribution, International Transportation Management, and Others.
3PL Market in Japan
2014-2018, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers Japan; it also covers the 3PL market
in Japan market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
According to the
report, the 3PL market in Japan is predominantly driven by the growth in
international trade. As businesses are expanding their operations and trading
globally, they are looking to outsource logistics to 3PL providers as a result
of the increased complexity of the supply chain.
Further, the report
states that the 3PL market in Japan is largely inhibited by a dearth of
innovation in the market. The market has matured and become global and needs a
disruptive change to boost its overall growth. However, innovation has become
stagnant, which needs to be addressed to ensure the sustained growth of the
market.
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