The global Third Party Logistics (3PL) market was valued at US$ 940110 million in 2022 and is projected to reach US$ 1480130 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Rising demand for reducing the shipping costs accompanied with the focus on managing timely delivery of goods is anticipated to fuel the 3PL market over the forecast timeline. It helps in reducing the capital costs and enabling businesses to focus on their core competencies. 3PL services are not only restricted toward logistics, but also include value-addition services for the entire process from procurement to distribution to consumers, thereby establishing an efficient and effective supply chain. In addition, advanced IT solutions, such as Electronic Data Interchange(EDI) and Vendor Managed Inventory (VMI), offers visibility to inbound and outbound logistics operations and contributes to the growth of the 3PL market.
This report aims to provide a comprehensive presentation of the global market for Third Party Logistics (3PL), 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 (3PL). This report contains market size and forecasts of Third Party Logistics (3PL) in global, including the following market information:
Global Third Party Logistics (3PL) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Transportation Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Third Party Logistics (3PL) include AmeriCold Logistics LLC, DHL Supply Chain, FedEx, Nippon Express Co., Ltd and UPS Supply Chain Solutions, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Third Party Logistics (3PL) 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 (3PL) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Third Party Logistics (3PL) Market Segment Percentages, by Type, 2022 (%)
- Transportation
- Warehouse/Distribution
- Forwarder
- Shipper/Management
- Financial
- Information
Global Third Party Logistics (3PL) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Third Party Logistics (3PL) Market Segment Percentages, by Application, 2022 (%)
Global Third Party Logistics (3PL) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Third Party Logistics (3PL) 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 (3PL) revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Third Party Logistics (3PL) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- AmeriCold Logistics LLC
- DHL Supply Chain
- FedEx
- Nippon Express Co., Ltd
- UPS Supply Chain Solutions
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Third Party Logistics (3PL), market overview.
- Chapter 2: Global Third Party Logistics (3PL) market size in revenue.
- Chapter 3: Detailed analysis of Third Party Logistics (3PL) 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 (3PL) 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.
