USD 5.22 Bn Growth in Third-Party Logistics (3PL) Market in Brazil | Soaring E-commerce Sector in Brazil to Boost Growth

NEW YORK, Jan. 17, 2022 /PRNewswire/ — The third-party logistics (3PL) market in Brazil is expected to grow by USD 5.22 bn from 2020 to 2025, progressing at a CAGR of 5% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the market.

To know the exact growth variance and the Y-O-Y growth rate, Request a free sample report.

The third-party logistics (3PL) market in Brazil is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The third-party logistics (3PL) market in Brazil report covers the following areas:

Third-Party Logistics (3PL) Market in Brazil 2021-2025: Segmentation

By end-user, the consumer goods segment will have significant market share growth during the forecast period. As the demand for consumer goods in Brazil is seasonal and uncertain, most companies prefer 3PL services for storing and transporting goods across the country.

By service, the warehousing and distribution segment will have significant market share growth during the forecast period. Warehousing refers to activities associated with the storage of raw materials, finished goods, and semi-finished goods.

Download a Free Sample to learn about the contribution of each segment of the market

Third-Party Logistics (3PL) Market in Brazil 2021-2025: Scope

The soaring e-commerce sector in Brazil is driving the growth of the market. E-commerce companies prefer 3PL to manage their supply chain efficiently by reaching end-users across regions. Therefore, the growth in the e-commerce sector will positively impact the 3PL market in the concerned region. Such growth will increase the demand for 3PL for both long-distance transportation and last-mile delivery across the country.

Story continues

Rise in cargo theft may impede the market growth. This has propelled the need for precautionary safety requirements, such as insurance, which raises the overall cost of the service. Moreover, due to rising cargo theft, companies in the country are hesitant to expand their presence, despite the increase in demand. Such factors reduce the demand for 3PL in Brazil and are expected to hinder the growth of the 3PL market in Brazil.

Third-Party Logistics (3PL) Market in Brazil 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Third-Party Logistics (3PL) Market in Brazil, including 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 major market participants.

Subscribe to our “Lite Plan” billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.

Third-Party Logistics (3PL) Market in Brazil 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025

• Detailed information on factors that will assist third-party logistics (3PL) market in brazil growth during the next five years

• Estimation of the third-party logistics (3PL) market in brazil size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the third-party logistics (3PL) market in brazil

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of third-party logistics (3PL) market in brazil vendors

Related Reports:

• Dry Bulk Shipping Market by Type and Geography – Forecast and Analysis 2022-2026: The dry bulk shipping market share is expected to increase by USD 930.41 million from 2021 to 2026, at a CAGR of 3.59%. Download Free Sample Report

• Spare Parts Logistics Market by End-user and Geography – Forecast and Analysis 2021-2025: The spare parts logistics market share is expected to increase by USD 25.36 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.00%. Download Free Sample Report

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/usd-5-22-bn-growth-in-third-party-logistics-3pl-market-in-brazil–soaring-e-commerce-sector-in-brazil-to-boost-growth–technavio-301460496.html

SOURCE Technavio