THE STATE OF THE WORLD MARKET OF LOGISTICS SERVICES AND THE MAIN TRENDS IN ITS DEVELOPMENT
Article Sidebar
Main Article Content
Abstract
Goal. To study the current state and development trends of the world market of logistics services, to analyze the indicators of expenses for logistics services and income of 3PL-operators in terms of regions and individual countries of the world, to study the state of the logistics services market of regions and countries that demonstrate the highest indicators of expenses for logistics. Identify risks, long-term trends and short-term prospects for the development of the world market of logistics services.
Method. To study the world market of logistics services, the following methods were used: tabular, grouping, and comparative analysis.
The results. The work examines the state of the world market of logistics services. The factors that significantly affect the quality of functioning of the global logistics market are highlighted, including the intensive transfer of production from Western Europe and the USA to the countries of Southeast Asia and the pandemic of the COVID-19 coronavirus infection.
It was noted that Western sources, analyzing the trends and indicators of the development of the world market of logistics services, mainly focus on the performance indicators of 3PL operators (3PL providers), which provide a complex of logistics services, which includes delivery, storage, inventory management, order picking and delivery end consumers.
The geographical structure of the world market of logistics services was analyzed in terms of the activity of 3PL companies by country of the world based on the country's GDP, logistics costs in the amount and percentage, and the amount of profit of 3PL operators. Based on the analysis of the dynamics of the profit indicators of 3PL operators by region of the world, it was established that they increased in the industrially developed regions of the world (with the exception of Europe), and decreased in the regions where the developing countries and the least developed countries are located.An analysis of the Top 10 most powerful companies-3PL-operators by revenue showed that 5 out of 10 are located in the USA, and 4 - in Europe. It has been established that the most powerful 3PL-providers operate and receive the greatest profits in regions and countries of the world with a large population and a developed industrial and production base (USA, China, Germany, Japan, etc.).Separate indicators of the structure of companies' expenses for logistics operations were considered and the tendency for companies to transfer logistics operations to outsourcing and delegation to 3PL-providers was revealed. A number of long-term trends in the development of the world logistics market have been identified, such as digitization, the development of outsourcing forms of logistics business, the growth of demand for complex logistics solutions, the complication of international supply chains, the increase in the cost of transport and logistics services, etc.
The risks of the development of the world market of logistics services in the short term are named.
Scientific novelty. The features of the modern world market of logistics services are established.
Practical significance. Identified long-term trends in the development of the global logistics market will help avoid risks in the short term.
Article Details
References
2. Hryniuk, N.A., Spiridonov, D.S. (2021). Teoretychni pidkhody do funktsionuvannia mizhnarodnykh lohistychnykh system. [Theoretical approaches to the functioning of international logistics systems]. Ekonomika ta derzhava, 12, 130-134. (in Ukrainian)
3. Malashchuk, D.V., Hrynchak, N.A. (2018). Suchasnyi stan ta osoblyvosti rozvytku svitovoho rynku lohistychnykh posluh. [The current state and features of the development of the world market of logistics services]. Efektyvna ekonomika, 6. Retrieved from: http://www.economy.nayka.com.ua/ pdf/6_2018/34.pdf (in Ukrainian)
4. Kompaniiets. V.V., Poliakova, O.M., Shramenko, O.V. (2020). Svitovi trendy suchasnoho transportno-lohistychnoho servisu. [World trends of modern transport and logistics service]. Visnyk ekonomiky transportu i promyslovosti, 70-71, 22-32. (in Ukrainian)
5. Shandrivska, O.Ye., Yakymyshyn, L.Ya. (2018). Doslidzhennia hlobalnoho rynku lohistychnykh posluh: svitovi tendentsii ta vplyv na Ukrainu. [Study of the global market of logistics services: global trends and impact on Ukraine]. Visnyk Natsionalnoho universytetu
«Lvivska politekhnika». Lohistyka, 892, 212-221. (in Ukrainian)
6. Global 3PL Market Size Estimates. Ofitsiinyi sait kompanii Armsrtong&Associates. URL: https://www.3plogistics.com/3pl-market-info-resources/3pl-market-information/global-3pl-market- size-estimates/
7. 2019 third-party logistics study. Ofitsiinyi sait kompanii Korn Ferry. URL: https://www.kornferry.com/content/dam/kornferry/docs/article-migration/2019-3PL-Study.pdf
8. 2020 third-party logistics study. The State of Logistics Outsourcing. Ofitsiinyi sait kompanii Infosys Consulting. URL: https://www.infosysbpm.com/portland/resources/documents/third-party-logistics-study.pdf
9. Hrynchak, N.A. (2021). Statistical evaluation of the national market of logistics services : PhD diss. K. (in Ukrainian)
10. Size of the global logistics market in 2020, by region (in billion U.S. dollars). Ofitsiinyi sait statystychnoho Internet-vydannia «Statista». URL: https://www.statista.com/statistics/1069868/ total-global-logistics-market-size-region/
11. Danyliuk, T., Yushchyshyna, L., Mokhniuk, A. (2019). Lohistychnyi autsorsynh v systemi upravlinnia pidpryiemstvom: dokhody ta vytraty provaideriv. [Logistics outsourcing in the enterprise management system: income and expenses of providers]. Ekonomichnyi chasopys Skhidnoievropeiskoho natsionalnoho universytetu imeni Lesi Ukrainky, 3, 55-62. (in Ukrainian)
12. JOC Rankings: COVID-19 powers strong, but uneven, growth in 3PL revenues. Ofitsiinyi sait Internet-vydannia «The Journal of Commerce». URL: https://www.joc.com/international- logistics/logistics-providers/joc-rankings-covid-19-powers-strong-uneven-growth-3pl- revenues_20210405.html
13. 2021 third-party logistics study. The State of Logistics Outsourcing. Ofitsiinyi sait kompanii Infosys Consulting. URL: https://www.infosysconsultinginsights.com/insights/3pl/
14. Rynok lohistychnykh posluh Ukrainy: trendy ta mozhlyvosti. URL: https://www.tot.com.ua/post/rinok-logistichnih-poslug