Report overview
Third-party logistics (3PL) is a business arrangement in which companies outsource their logistics operations to a specialized service provider that offers customized on-demand transportation, warehousing, distribution, and freight and forwarding services.
This report aims to provide a comprehensive presentation of the global market for Third Party Logistics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Third Party Logistics. This report contains market size and forecasts of Third Party Logistics in global, including the following market information:
Global Third Party Logistics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Third Party Logistics market was valued at US$ 67610 million in 2022 and is projected to reach US$ 98680 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing advancements in e-commerce across the retail sector is expected to drive the growth prospects for the global 3PL market in the forthcoming years. Some of the major factors responsible for the expansion of the e-commerce sector includes the increased adoption of the Internet and mobile services. Also, it has been observed that elements such as efficient inventory management and quick delivery are important for the operational success of this sector. As a result, the demand for efficient delivery systems, inventory management, small package deliveries, individualized shipping time, and freight forwarding are increasing, driving the third-party logistics market size.
We surveyed the Third Party Logistics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Third Party Logistics Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Third Party Logistics Market Segment Percentages, by Type, 2022 (%)
DCC
DTM
ITM
Logistics Software
Global Third Party Logistics Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Third Party Logistics Market Segment Percentages, by Application, 2022 (%)
Manufacturing
Consumer Goods
Retail
Automotive
Food and Beverage
Others
Global Third Party Logistics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Third Party Logistics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Third Party Logistics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Third Party Logistics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AmeriCold Logistics
DHL Supply Chain
FedEx
Nippon Express
UPS Supply Chain Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Third Party Logistics, market overview.
Chapter 2: Global Third Party Logistics market size in revenue.
Chapter 3: Detailed analysis of Third Party Logistics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Third Party Logistics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
