Canada 3PL Market New Revolution Generate High Demand and Product Growth Insights 2021-2027

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Canada 3PL Market
Transportation activities have been restricted
and limited to essential goods services
transport almost for the first two quarters of
2020. 3PL service providers have witnessed
significant downfall in demand. In addition,
market participants are providing services for
essential goods, including FMCG products and
foods beverages products to cater to the demand
from commute restricted areas. From the third
quarter of 2020, the restriction was lifted up to
limited level, and thus movement of goods
witnessed a significant spike for the straight
two quarters. From October 2020, due to rebound
in exports and strong consumption rate, the
Canadian economy witnessed boost and is expected
to continue in the coming years. Growing trade
activities and increasing movement of goods are
expected to support the growth of the Canada 3PL
market.
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Canada 3PL Market
The Canada 3PL market was valued at 1,580.8
million in 2019, and is projected to reach
3,010.7 million by 2027, registering a CAGR of
9.0. By type, the health nutrition segment was
the highest contributor to the market, with
727.0 million in 2019, and is estimated to reach
1,409.6 million by 2027, at a CAGR of 9.2
during the forecast period.  Third-party
logistics (3PL) is the function by which a
manufacturer or retailer outsources activities
related to logistics and distribution.
Third-party logistics companies can provide
specialized services such as inventory
management, cross-docking, door-to-door delivery,
and packaging of products.
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Canada 3PL Market

• Key Benefits For Stakeholders
•  This study presents the analytical depiction of
  the Canada 3PL market analysis along with the
  current trends and future estimations to depict
  imminent investment pockets.
• The overall 3PL market opportunity is determined
  by understanding profitable trends to gain a
  stronger foothold.
• The report presents information related to key
  drivers, restraints, and opportunities of the
  market with a detailed impact analysis.
• The current market is quantitatively analyzed
  from 2019 to 2027 to benchmark the financial
  competency.
• Porters five forces analysis illustrates the
  potency of the buyers and suppliers in the
  industry.

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Canada 3PL Market

• Anuvu
• Astronics Corporation
• Collins Aerospace
• Elbit Systems Ltd.
• Honeywell International Inc.
• SCI Technology, Inc.
• Skytrac Systems Ltd.
• Teledyne Controls LLC
• Thales Group 
• The Boeing Company

• Major Companies
• A.P. Moller-MAERSK
• Bollore Group
• C.H. ROBINSON WORLDWIDE, INC
• FedEx Corporation
• Kintetsu World Express, Inc
• NIPPON EXPRESS Co., LTD
• Penske
• PUROLATOR INC
• SCI Group Inc
• United Parcel Service

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Canada 3PL Market
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