Technavio has announced the top five leading vendors in their recent3PL market in Japan report. This research report also lists eight other prominent vendors that are expected to impact the market during the forecast period.
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Technavio has published a new report on the 3PL market in Japan from 2017-2021. (Graphic: Business Wire)
The rapid growth in the e-commerce industry has led to an increased in the domestic consumption, which has instigated manufacturers to develop and modernize the warehouses across Japan, especially in the cities like Tokyo, Osaka, and Yokohama. Top companies in the market, such as NIPPON EXPRESS and Hitachi Transport System, have leased areas over 4 million square feet to set up its services.
Competitive vendor landscape
The 3PL market in Japan is characterized by the presence of several vendors and is a competitive marketplace. Among the vendors in Japan, GLP has over 80 properties across the country. Customers have high expectations of logistics performance. The entry of 3PL providers has led to an increase in professionalism and development in the market.
“The 3PL market in Japan is fueled by a continuous capital inflow, which has allowed the supply of new assets, especially in Greater Tokyo Area. Vendors can gain a competitive edge by fostering innovation in the market,” says Sharan Raj, a lead logistics research analyst from Technavio.
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Top five 3PL market vendors in Japan
Global Logistic Properties (GLP)
GLP offers modern logistics facilities in China, Japan, the US, and Brazil. It focuses on the development of multi-tenant and build-to-suit distribution facilities, and sale and leaseback consulting and transaction services.
Key highlights: In October 2016, GLP leases 32,000 m² to Walmart China.
Kintetsu World Express (KWE)
KWE focuses on providing domestic and foreign air and ocean freight forwarding services, trucking services, and other related services. It also offers the comprehensive one-stop services and solutions that incorporate airfreight forwarding, ocean freight forwarding, and a full range of logistics services. The company had around 10,453 employees as of 2015 and has its operational presence in more than 100 locations in 34 countries. It has 198 warehouses, 62 subsidiaries, and 381 sales offices worldwide.
Key highlights: In January 2016, KWE acquires Indonesia AEO standards certification.
Sagawa Express
Sagawa Express offers door-to-door delivery and logistics services. It also provides 3PL services that include warehouse, logistics processing, and multimodal transportation services. The company has sales offices in Tokai, Kitatohoku, Nishikanto, Chukyo, and others across the Eastern and Western Japan. It offers door-to-door delivery services in 200 countries. The company has around 46,295 employees and has 56 distribution centers across Japan.
Key highlights: In October 2016, Hitachi Transport System and Sagawa Express offer shipping of Chinese-made goods to select retailers in Japan.
Yamato
Yamato offers home delivery services of couriers, express, and parcels. The company has around 159,844 employees.
Key highlights: In April 2016, JD.com partners with Yamato for fast and affordable delivery to Japan.
Hitachi Transport System
Hitachi Transport System, along with its subsidiaries and affiliates, provides 3PL services for corporate customers. The company is a subsidiary of Hitachi Ltd. For FY2016, the company generated a revenue of JPY 680,354 million (USD 6.037 billion).
Key highlights: In February 2015, Hitachi announces that its subsidiary, Nisshin Transportation, established a subsidiary in the Shanghai pilot free-trade zone to be used as a trading settlement agency.
Browse Related Reports:
- Global 3PL Market 2016-2020
- 3PL Market in the US 2016-2020
- 3PL Market in Brazil 2016-2020
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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