- The key vendors in the Logistics Market in Europe 2015-2019 are DB Schenker Logistics, Deutsche Post DHL, Kuehne + Nagel International AG and SNCF GEODIS.
London, 13 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Logistics Market in Europe 2015-2019. An increase in M&A is expected to enable companies to expand their customer base and product and service portfolios. Vendors in this market are opting for the M&A route to increase their global presence and expand their service portfolio as well as achieve economies of scale in various SCM processes. The Logistics market in Europe is expected to witness a CAGR of 2.97 percent during the period 2014-2019.
“Manufacturing companies in Europe are expanding their production capacities and operations. The expansion activities of these companies increase their logistics needs in terms of transporting raw materials to factories and finished goods to retailers and distributors,” says Faisal Ghaus, Vice President of TechNavio Research.
“Given the benefits of outsourcing in terms of increased operational efficiency and cost savings, shippers are increasingly outsourcing logistics to 3PL players.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
