Third-Party Logistics (3PL) Market size in Brazil to increase by USD 5.22 Bn | Technavio's Research Insights highlight the Introduction of Blockchain Technology as Key Trend – Yahoo Finance

NEW YORK, Nov. 11, 2021 /PRNewswire/ — According to the research report "Third-Party Logistics (3PL) Market in Brazil – Forecast and Analysis Report 2021-2025", the market is expected to have a YOY growth rate of 3.33% in 2021, growing at a CAGR of 5% between 2020 and 2025.
The consumer goods sector will create maximum demand for 3PL services in Brazil during the forecast period. The rising demand for fast-moving consumer goods, food and beverage, and other retail goods such as electronic products are creating several growth opportunities for market players.
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Vendor Insights
The third-party logistics (3PL) market in Brazil is fragmented in nature due to the presence of several global and regional players. C.H. Robinson Worldwide Inc., CEVA Logistics AG, DHL International GmbH, DSV Panalpina AS, Kintetsu World Express Inc., Kuehne + Nagel International AG, Nippon Express Co. Ltd., Sankyu Inc., Schenker AG, and Sinotrans Ltd. are some of the dominant vendors featured in the report.
Many global players are entering the 3PL market in Brazil through mergers and acquisitions, which is leading to consolidation in the market. For instance, In March 2020, C.H. Robinson Worldwide Inc. acquired Prime Distribution Services (Prime), a provider of retail consolidation and value-added warehouse services in North America, from Roadrunner Transportation for USD 225 million.
However, the competition in the 3PL market in Brazil is expected to intensify with the increase in manufacturing and agricultural activities.
Find additional highlights on the growth strategies adopted by vendors and their product offerings. Read Sample Market Research Report.
3PL Market Analysis based on Service
The warehousing segment will provide maximum growth opportunities in the third-party logistics (3PL) market in Brazil during the forecast period. According to our research report, the segment is expected to create maximum revenue in the market through 2025.
The report also offers a detailed analysis of the growth of the market across other service segments such as transportation and others.
Know more about this market's geographical distribution along with the detailed analysis of the top regions.
Key Market Trends & Challenges:
The report identifies the introduction of blockchain technology in the logistics industry as the major trend influencing the third-party logistics (3PL) market in Brazil. With the growing need to improve the efficiency and data security in blockchain, 3PL service providers in Brazil are adopting blockchain technology in their operations. The integration of blockchain is also helping them reduce the overhead costs such as the processing of documents significantly. This trend is expected to have a positive impact on the growth of players in the market over the forecast period.
However, the rise in cargo thefts is reducing the growth opportunities for market players in Brazil. Most of the logistics services in Brazil happen through roads, which is increasing the risk of cargo theft. This is compelling 3PL service providers to make significant investments in precautionary safety requirements, such as insurance, which is increasing the overall cost of their services. Also, the fear of cargo thefts is limiting investments in some of the Brazilian states despite the increasing demand.
View free sample for highlights on market Trends & Challenges affecting the third-party logistics (3PL) market.
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Related Reports:
3PL Market in US – 3PL market in US is segmented by end-user (retail, manufacturing, automotive, food and beverages, and others) and service (transportation, warehousing and distribution, and others).
Download Exclusive Free Sample Report
Third-Party Logistics Market in Europe – 3PL logistics market in Europe is segmented by end-user (manufacturing, retail, consumer goods, healthcare, and others), service (transportation, warehousing and distribution, and others), and geography (Germany, France, UK, Italy, and rest of Europe).
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Third-Party Logistics (3PL) Market In Brazil Scope
Report Coverage
Page number
Base year
Forecast period
Growth momentum & CAGR
Accelerate at a CAGR of 5%
Market growth 2021-2025
USD 5.22 billion
Market structure
YoY growth (%)
Regional analysis
South America and Brazil
Performing market contribution
Brazil at 100%
Key consumer countries
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
C.H. Robinson Worldwide Inc., CEVA Logistics AG, DHL International GmbH, DSV Panalpina AS, Kintetsu World Express Inc., Kuehne + Nagel International AG, Nippon Express Co. Ltd., Sankyu Inc., Schenker AG, and Sinotrans Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
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Email: [email protected]
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