Asia-Pacific Third-Party Logistics Market, By Service ; By Transport ; By End Use, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

List of Tables

Asia-Pacific Third-Party Logistics Market Size Booming to Cross USD 405 Billion by 2029

Asia-Pacific third-party logistics market is gaining traction because of the rise in e-commerce sector and increase in focus of manufacturers and retailers on core competencies.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia-Pacific third-party logistics market size at USD 201.86 billion in 2022. During the forecast period between 2023 and 2029, the Asia-Pacific third-party logistics market size is projected to grow at an impressive CAGR of 9.4% reaching a value of USD 405.33 billion by 2029. The market is flourishing at a high rate owing to the rising adoption of logistics across various industries including e-commerce, construction, retail, automotive, food and beverage, and hospitality. The introduction of technology advancements into the logistics industry, such as transportation management systems (TMS), supply chain management (SCM), international trade logistics systems (ITLS), and enterprise resource planning (ERP), is also expected to provide lucrative growth opportunities to the Asia-Pacific third-party logistics market during the forecast period.

Asia-Pacific Third-Party Logistics Market - Overview

Third-Party Logistics, or 3PL, is a partner or service that aids online retailers in managing their supply chain. The administration of warehouses and inventories, order fulfillment, shipping arrangements, retail distribution, exchanges, and returns are typical 3PL services. The need for 3PL services has increased as a result of rising online sales and rising customer demands for faster delivery and lower rates. In addition, the growth of 3PLs has been facilitated by monitoring technologies, such as GPS and RFID, which provide more comprehensive supply chain visibility. IoT technology has increased monitoring measures for trucks and other carriers.

Asia-Pacific Third-Party Logistics Market - By End Use

Based on end use, the Asia-Pacific third-party logistics market is segmented into manufacturing, retail, healthcare, automotive, and others. The manufacturing segment accounts for the highest market share as the industry focuses on efficient supply chain management along with keeping costs low. The manufacturing industry involves the procurement of raw materials and supply of final goods in large volumes regularly as well as engaging with a number of suppliers and distributors. The third-party logistics offer better routing management, reduced costs, freight bill auditing and invoice consolidation, and improved customer service to the manufacturing industry, which is propelling its market growth.

Impact of COVID-19 on Asia-Pacific Third-Party Logistics Market

Asia-Pacific third-party logistics market was disrupted due to the sudden COVID-19 pandemic outbreak. The lockdown imposed by the governments of Asia-Pacific countries halted the operations of the major industries including manufacturing and e-commerce, which resulted in a significant decline in the demand for third-party logistics. The trade of non-essential commodities was temporarily restricted and the transportation networks such as roads were blocked, which negatively affected the third-party logistics market in the Asia-Pacific region. However, third-party logistics gained momentum in the healthcare sector for transporting medical essentials, such as PPE kits and vaccines, which provided the market with a significant boost during this period.

Competitive Landscape:

Major players operating in Asia-Pacific third-party logistics market include United Parcel Service of America, Inc., DHL International GmbH (a subsidiary of Deutsche Post AG), FedEx, XPO Logistics, Inc, Kuehne+Nagel, Schenker AG, DSV, Expeditors International of Washington, Inc., C.H. Robinson Worldwide, Inc., SNCF, Nippon Express Co., Ltd., Toll Holdings Limited (a subsidiary of Japan Post Holdings Co., Ltd.), CJ Logistics Corporation, Kintetsu World Express, Inc., and Samudera Shipping Line Ltd, Singapore.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Asia-Pacific Third-Party Logistics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Asia-Pacific Third-Party Logistics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23040

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. APAC Third Party Logistics Market Insights

3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
  - 3.1.2.1. Rise in E-Commerce sector
  - 3.1.2.2. Increase in Focus of Manufacturers and Retailers on Core Competencies
- 3.1.3. Restraints
  - 3.1.3.1. Shortage of Logistics Experts
- 3.1.4. Opportunities
  - 3.1.4.1. Increase in Trading Activites
- 3.1.5. Challenges
  - 3.1.5.1. Risk to Goodwill of Manufacturers
3.2. Technological Advancement/Recent Developments
3.3. Regulatory Framework
3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry

4. APAC Third Party Logistics Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
- 4.2.1. By Service
  - 4.2.1.1. Dedicated Contract Carriage (DCC)/Freight forwarding
  - 4.2.1.2. Domestic Transportation Management (DTM)
  - 4.2.1.3. International Transportation Management (ITM)
  - 4.2.1.4. Warehousing &Distribution (W&D)
  - 4.2.1.5. Value Added Logistics Services (VALs)
- 4.2.2. By Transport
  - 4.2.2.1. Roadways
  - 4.2.2.2. Railways
  - 4.2.2.3. Waterways
  - 4.2.2.4. Airways
- 4.2.3. By End Use
  - 4.2.3.1. Manufacturing
  - 4.2.3.2. Retail
  - 4.2.3.3. Healthcare
  - 4.2.3.4. Automotive
  - 4.2.3.5. Others

5. Asia Pacific Third Party Logistics Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Service
- 5.2.2. By Transport
- 5.2.3. By End Use
- 5.2.4. By Country
  - 5.2.4.1. China
  - 5.2.4.1.1. By Service
  - 5.2.4.1.2. By Transport
  - 5.2.4.1.3. By End Use
  - 5.2.4.2. India
  - 5.2.4.2.1. By Service
  - 5.2.4.2.2. By Transport
  - 5.2.4.2.3. By End Use
  - 5.2.4.3. Japan
  - 5.2.4.3.1. By Service
  - 5.2.4.3.2. By Transport
  - 5.2.4.3.3. By End Use
  - 5.2.4.4. South Korea
  - 5.2.4.4.1. By Service
  - 5.2.4.4.2. By Transport
  - 5.2.4.4.3. By End Use
  - 5.2.4.5. Australia & New Zealand
  - 5.2.4.5.1. By Service
  - 5.2.4.5.2. By Transport
  - 5.2.4.5.3. By End Use
  - 5.2.4.6. Indonesia
  - 5.2.4.6.1. By Service
  - 5.2.4.6.2. By Transport
  - 5.2.4.6.3. By End Use
  - 5.2.4.7. Malaysia
  - 5.2.4.7.1. By Service
  - 5.2.4.7.2. By Transport
  - 5.2.4.7.3. By End Use
  - 5.2.4.8. Singapore
  - 5.2.4.8.1. By Service
  - 5.2.4.8.2. By Transport
  - 5.2.4.8.3. By End Use
  - 5.2.4.9. Philippines
  - 5.2.4.9.1. By Service
  - 5.2.4.9.2. By Transport
  - 5.2.4.9.3. By End Use
  - 5.2.4.10. Vietnam
  - 5.2.4.10.1. By Service
  - 5.2.4.10.2. By Transport
  - 5.2.4.10.3. By End Use
  - 5.2.4.11. Rest of APAC
  - 5.2.4.11.1. By Service
  - 5.2.4.11.2. By Transport
  - 5.2.4.11.3. By End Use

6. Competitive Landscape

6.1. List of Key Players and Their Offerings
6.2. APAC Third Party Logistics Company Market Share Analysis, 2022
6.3. Competitive Benchmarking, By Operating Parameters
6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

7. Impact of Covid-19 on APAC Third Party Logistics Market

8. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic , SWOT Analysis)

8.1. United Parcel Service of America, Inc.
8.2. DHL International GmbH (a subsidiary of Deutsche Post AG)
8.3. FedEx
8.4. XPO Logistics, Inc
8.5. Kuehne+Nagel
8.6. Schenker AG
8.7. DSV
8.8. Expeditors International of Washington, Inc.
8.9. C.H. Robinson Worldwide, Inc.
8.10. SNCF
8.11. Nippon Express Co., Ltd.
8.12. Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.)
8.13. CJ Logistics Corporation
8.14. Kintetsu World Express, Inc.
8.15. Samudera Shipping Line Ltd, Singapore
8.16. Other Prominent Players

9. Key Strategic Recommendations

10. Research Methodology

10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
10.2. Quantitative Research
10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
10.4. Breakdown of Primary Research Respondents, By Region
10.5. Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable