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Transition of Asia Pacific from Manufacturing Hub to Consumer Market Drives Regional Logistic Market Autos Articles | May 26, 2016
MarketResearchReports.Biz presents this most up-to-date research on “Logistics Market in the APAC Region 2016-2020”.
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MarketResearchReports.biz has recently added a new research report, titled “Logistics Market In The APAC Region 2016-2020 Nazem Kadri Avalanche Jersey ,” to its database. The research report explains and defines the industry along with providing an overview of the same. Researchers state that logistics are the backbone of supply chain management systems. This industry is inclusive of storage, transportation, distribution of goods from the point of manufacturing to the point of sale or consumption. Researchers have studied this market from the economic, legal, environmental Nathan MacKinnon Avalanche Jersey , and technological point of view to provide the readers a holistic picture of this market.
Several logistical tasks are often outsourced to service providers that specifically cater to the needs of transportation, freight and forwarding, and warehousing. Along with this support, the service providers also offer value-added services such as packaging. The biggest factor defining the Asia Pacific logistics market is the economic growth across various industrial verticals. The fast-paced growth in the fast moving consumer goods (FMCG) and auto and automobile components sectors is expected to fuel this market in the coming years.
According to the research report, the Asia Pacific logistics market is expected to expand at a CAGR of 13.08% from 2016 to 2020. The research report answers questions pertaining to the size and the scope of this market with the help of segmentation. This market is segmented on the basis of the type of logistics and geography. On the basis of logistics Authentic Mikko Rantanen Jersey , this market is segmented into second-party logistics (2PL), third-party logistics (3PL), and fourth-party logistics (4PL). Geographically, this market is segmented into, ASEAN Authentic Gabriel Landeskog Jersey , China, Japan, South Korea, and Australia.