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Third Party Logistics Service Market, Global Outlook and Forecast 2023-2029

Third Party Logistics Service Market, Global Outlook and Forecast 2023-2029

  • Published on : 18 July 2023
  • Pages :63
  • Report Code:SMR-7755745

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Report overview

The global Third Party Logistics Service market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Globalization, free trade and opening up of the markets for foreign multinational companies is a recent trade which is influencing the major trend of elongating supply chains and industrialization. Rising cross border trade is the result of increasing collaboration between logistics service providers, government bodies and leverage of technology. Growing worldwide demand for logistics services has led the third party logistics (3PL) market to grow rapidly in the last decade.
This report aims to provide a comprehensive presentation of the global market for Third Party Logistics Service, 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 Service. This report contains market size and forecasts of Third Party Logistics Service in global, including the following market information:
Global Third Party Logistics Service 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.
Asset Based Third Party Logistics Service Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Third Party Logistics Service include Mitsubishi Group, DHL Supply Chain & Global Forwarding, Sinotrans, Merit, Nippon Express, Deutsche Bahn, Kuehne + Nagel International, Ryder and XPO Logistics, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Third Party Logistics Service 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 Service Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Third Party Logistics Service Market Segment Percentages, by Type, 2022 (%)
  • Asset Based Third Party Logistics Service
  • Non-Asset Based Third Party Logistics Service
Global Third Party Logistics Service Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Third Party Logistics Service Market Segment Percentages, by Application, 2022 (%)
  • Food and Beverage Industry
  • Pharmaceutical Industry
  • Cosmetics and Personal Care Industry
  • Others
Global Third Party Logistics Service Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Third Party Logistics Service Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Third Party Logistics Service revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Third Party Logistics Service revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Mitsubishi Group
  • DHL Supply Chain & Global Forwarding
  • Sinotrans
  • Merit
  • Nippon Express
  • Deutsche Bahn
  • Kuehne + Nagel International
  • Ryder
  • XPO Logistics
  • C.H. Robinson
  • Kintetsu World Express

Outline of Major Chapters:
Chapter 1: Introduces the definition of Third Party Logistics Service, market overview.
Chapter 2: Global Third Party Logistics Service market size in revenue.
Chapter 3: Detailed analysis of Third Party Logistics Service 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 Service 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.