North America Contract Logistics Market Research Report Forecast to 2030

The North America contract logistics market is poised to observe major growth during the forthcoming years, exhibiting a growth rate of 4.98%. Contract logistics is one of the business models in which enterprises outsource the logistics functions to third-party service providers. The third-party logistics company takes all over the company's operations which include inventory management, transportation & distribution, and warehousing. Contract logistics allows corporations to focus on the core activities associated with business which includes cost management associated with logistics. The North American market for contract logistics is evolving and is also dynamic.

Contract logistics is observing tremendous prospects for growth mainly due to the increasing e-commerce sector, mounting international trades, and various technological advancements associated with the logistics industry. The increasing consumer preference for procurement of goods and services via fast delivery systems is also driving the market for contract logistics in North America.

Market Segmentation

Based on the service, the North America contract logistics market has been segmented into warehousing, transportation, aftermarket logistics, and others.

Based on the industrial vertical, the market has been categorized into FMCG, electrical & electronics, home appliances, pharma and healthcare, personal care and cosmetics, e-commerce, aerospace, automotive, and others.

Regional Analysis

For the analysis of the North America contract logistics market, the U.S., Canada, and Mexico have been considered, among which the US emerged as the front-runner with a share of 85.07% in 2022. Canada held the second position with a market value of USD 6,484.50 million in 2022. North America's Contract Logistics market is projected to with a CAGR of 4.98% by the foreseeable period owing to surging demand for contract logistics across the region. The major growth factor behind the surging demand for contract logistics in the North America market is the increasing e-commerce sector across the region followed by increasing demand from the oil & gas industry in the United States contributing to a significant market growth. Apart from that, increasing expertise associated with handling and delivery of various perishable goods is also considered as the major growth propellor for the market growth. Besides that, the rising warehousing networks across the North American nations such as the U.S., & Canada along with the growth of green logistics are major factors creating growth prospects for the contract logistics market across the region.

Major Players

The key players operating in the North America contract logistics market include DHL Group, FedEx Corporation, United Parcel Service, Inc., Ryder System Inc., J. B Hunt Transport Inc., CMA CGM Group, JB Hunt Transport Services, Geodis, Deutsche Bahn AG, and Keuhnel+ Nagel.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY SERVICE
- 1.1.2 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY INDUSTRIAL VERTICAL

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS & LIMITATIONS
- 3.6.1 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 ESCALATING E-COMMERCE SECTOR ACROSS THE REGION
- 4.2.2 OIL & GAS INDUSTRY IN THE UNITED STATES CONTRIBUTES SIGNIFICANTLY TO THE MARKET GROWTH
- 4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 HIGH COMPETITION IN THE INDUSTRY
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITIES
- 4.4.1 RISING WAREHOUSING NETWORK ACROSS THE UNITED STATES
- 4.4.2 GROWTH OF GREEN LOGISTICS
4.5 CHALLENGES
- 4.5.1 LARGE NUMBERS OF REGULATIONS

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 PLANNING
- 5.1.2 PROCUREMENT
- 5.1.3 WAREHOUSING
- 5.1.4 TRANSPORTATION
- 5.1.5 DISTRIBUTION
- 5.1.6 CUSTOMER SERVICE
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 COVID-19 IMPACT ANALYSIS
- 5.3.1 IMPACT ON OVERALL PACKAGING INDUSTRY
  - 5.3.1.1 ECONOMIC IMPACT
- 5.3.2 IMPACT ON CONTRACT LOGISTICS MARKET
  - 5.3.2.1 IMPACT ON SUPPLY CHAIN OF CONTRACT LOGISTICS
  - 5.3.2.1.1 PRICE VARIATION OF KEY RAW MATERIALS 38
  - 5.3.2.1.2 CASH-FLOW CONSTRAINTS 38
  - 5.3.2.1.3 IMPACT ON IMPORT EXPORT 38
  - 5.3.2.2 IMPACT ON MARKET DEMAND
  - 5.3.2.2.1 IMPACT DUE TO RESTRICTIONS/ LOCKDOWN 39
  - 5.3.2.2.2 CONSUMER SENTIMENTS 39
- 5.3.3 IMPACT ON PRICING

6 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY SERVICE

6.1 OVERVIEW
- 6.1.1 NORTH AMERICA CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY SERVICE, 2020-2030
6.2 WAREHOUSING
6.3 TRANSPORTATION
- 6.3.1 RAILWAYS
- 6.3.2 ROADWAYS
- 6.3.3 AIRWAYS
- 6.3.4 WATERWAYS
6.4 AFTERMARKET LOGISTICS
6.5 OTHERS

7 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY INDUSTRIAL VERTICAL

7.1 OVERVIEW
- 7.1.1 NORTH AMERICA CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY INDUSTRIAL VERTICAL, 2020-2030
7.2 FMCG
7.3 ELECTRICAL & ELECTRONICS
7.4 HOME APPLIANCES
7.5 PHARMA AND HEALTHCARE
7.6 PERSONAL CARE AND COSMETICS
7.7 E-COMMERCE
7.8 AEROSPACE
7.9 AUTOMOTIVE
7.10 OTHERS

8 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY COUNTRY

8.1 OVERVIEW
8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXICO

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
- 9.1.1 MARKET STRATEGY ANALYSIS
9.2 COMPETITIVE BENCHMARKING
- 9.2.1 INTRODUCTION
- 9.2.2 PRODUCT PORTFOLIO
- 9.2.3 REGIONAL PRESENCE
- 9.2.4 STRATEGIC ALLIANCES
- 9.2.5 INDUSTRY EXPERIENCES
9.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.3.1 ACQUISITION
- 9.3.2 EXPANSION
- 9.3.3 PARTNERSHIP
- 9.3.4 SERVICE LAUNCH
9.4 COMPANY MARKET SHARE ANALYSIS, 2022
9.5 MAJOR GROWTH STRATEGY IN THE NORTH AMERICA CONTRACT LOGISTICS MARKET
9.6 RYDER SYSTEMS, INC.: THE LEADING PLAYER IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE NORTH AMERICA CONTRACT LOGISTICS MARKET

10 COMPANY PROFILES

10.1 GXO LOGISTICS INC.
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 SERVICES OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 UNITED PARCEL SERVICE, INC.
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 SERVICES OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 RYDER SYSTEM INC.
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 SERVICES OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
10.4 J.B. HUNT TRANSPORT INC.
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 SERVICES OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 KEY STRATEGIES
10.5 DHL GROUP
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 SERVICES OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
10.6 FEDEX CORPORATION
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 SERVICES OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
10.7 KUEHNE+ NAGEL
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 SERVICES OFFERED
- 10.7.4 SWOT ANALYSIS
- 10.7.5 KEY STRATEGIES
10.8 CMA CGM GROUP
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 SERVICES OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 KEY STRATEGIES
10.9 GEODIS
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 SERVICES OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 KEY STRATEGIES
10.10 DEUTSCHE BAHN AG
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 SERVICES OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 KEY STRATEGIES

LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 21
TABLE 2 NORTH AMERICA CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY SERVICE, 2020-2030 (USD MILLION) 42
TABLE 3 NORTH AMERICA CONTRACT LOGISTICS: WAREHOUSING MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 43
TABLE 4 NORTH AMERICA CONTRACT LOGISTICS: TRANSPORTATION MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 44
TABLE 5 NORTH AMERICA CONTRACT LOGISTICS: AFTERMARKET LOGISTICS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 45
TABLE 6 NORTH AMERICA CONTRACT LOGISTICS: OTHERS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 45
TABLE 7 NORTH AMERICA CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY INDUSTRIAL VERTICAL, 2020-2030 (USD MILLION) 47
TABLE 8 NORTH AMERICA CONTRACT LOGISTICS: FMCG MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 48
TABLE 9 NORTH AMERICA CONTRACT LOGISTICS: ELECTRICAL & ELECTRONICS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 49
TABLE 10 NORTH AMERICA CONTRACT LOGISTICS: HOME APPLIANCES MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 49
TABLE 11 NORTH AMERICA CONTRACT LOGISTICS: PHARMA AND HEALTHCARE MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 50
TABLE 12 NORTH AMERICA CONTRACT LOGISTICS: PERSONAL CARE AND COSMETICS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 51
TABLE 13 NORTH AMERICA CONTRACT LOGISTICS: E-COMMERCE MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 51
TABLE 14 NORTH AMERICA CONTRACT LOGISTICS: AEROSPACE MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 52
TABLE 15 NORTH AMERICA CONTRACT LOGISTICS: AUTOMOTIVE MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 53
TABLE 16 NORTH AMERICA CONTRACT LOGISTICS: OTHERS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 53
TABLE 17 NORTH AMERICA: CONTRACT LOGISTICS, BY COUNTRY, 2020-2030 (USD MILLION) 56
TABLE 18 NORTH AMERICA: CONTRACT LOGISTICS, BY SERVICE, 2020-2030 (USD MILLION) 56
TABLE 19 NORTH AMERICA CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY INDUSTRIAL VERTICAL, 2020-2030 (USD MILLION) 57
TABLE 20 US: CONTRACT LOGISTICS, BY SERVICE, 2020-2030 (USD MILLION) 57
TABLE 21 US: CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY INDUSTRIAL VERTICAL, 2020-2030 (USD MILLION) 58
TABLE 22 CANADA: CONTRACT LOGISTICS, BY SERVICE, 2020-2030 (USD MILLION) 58
TABLE 23 CANADA: CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY INDUSTRIAL VERTICAL, 2020-2030 (USD MILLION) 59
TABLE 24 MEXICO: CONTRACT LOGISTICS, BY SERVICE, 2020-2030 (USD MILLION) 59
TABLE 25 MEXICO: CONTRACT LOGISTICS MARKET ESTIMATES & FORECAST, BY INDUSTRIAL VERTICAL, 2020-2030 (USD MILLION) 60
TABLE 26 ACQUISITION 63
TABLE 27 EXPANSION 64
TABLE 28 PARTNERSHIP 64
TABLE 29 SERVICE LAUNCH 64
TABLE 30 GXO LOGISTICS INC.: SERVICES OFFERED 68
TABLE 31 UNITED PARCEL SERVICE, INC. SERVICES OFFERED 71
TABLE 32 UNITED PARCEL SERVICE, INC.: KEY DEVELOPMENTS 72
TABLE 33 RYDER SYSTEM INC.: SERVICES OFFERED 74
TABLE 34 RYDER SYSTEM INC.: KEY DEVELOPMENTS 74
TABLE 35 J.B HUNT TRANSPORT INC.: SERVICES OFFERED 77
TABLE 36 J B HUNT TRANSPORT INC.: KEY DEVELOPMENTS 78
TABLE 37 DHL GROUP: SERVICES OFFERED 80
TABLE 38 DHL GROUP: KEY DEVELOPMENTS 81
TABLE 39 FEDEX CORPORATION: SERVICES OFFERED 84
TABLE 40 KUEHNE + NAGEL: SERVICES OFFERED 87
TABLE 41 CMA CGM GROUP: SERVICES OFFERED 90
TABLE 42 CMA CGM GROUP: KEY DEVELOPMENTS 91
TABLE 43 GEODIS: SERVICES OFFERED 92
TABLE 44 DEUTSCHE BAHN AG: SERVICES OFFERED 94
TABLE 45 DEUTSCHE BAHN AG: KEY DEVELOPMENTS 94

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 13
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: NORTH AMERICA CONTRACT LOGISTICS MARKET, 2022 14
FIGURE 3 NORTH AMERICA CONTRACT LOGISTICS MARKET ANALYSIS, BY SERVICE, 2022 15
FIGURE 4 NORTH AMERICA CONTRACT LOGISTICS MARKET ANALYSIS, BY INDUSTRIAL VERTICAL, 2022 16
FIGURE 5 NORTH AMERICA CONTRACT LOGISTICS MARKET: STRUCTURE 19
FIGURE 6 KEY BUYING CRITERIA FOR CONTRACT LOGISTICS 19
FIGURE 7 RESEARCH PROCESS 20
FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 23
FIGURE 9 MARKET DYNAMIC ANALYSIS OF THE NORTH AMERICA CONTRACT LOGISTICS MARKET 26
FIGURE 10 OIL AND GAS INDUSTRY REVENUE IN THE UNITED STATES (USD MILLION) 28
FIGURE 11 NORTH AMERICA CONTRACT LOGISTICS MARKET: SUPPLY CHAIN ANALYSIS 32
FIGURE 12 PORTER'S FIVE FORCES ANALYSIS OF THE NORTH AMERICA CONTRACT LOGISTICS MARKET 35
FIGURE 13 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY SERVICE, 2022 (% SHARE) 41
FIGURE 14 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY SERVICE, 2020-2030 (USD MILLION) 41
FIGURE 15 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY INDUSTRIAL VERTICAL, 2022 (% SHARE) 46
FIGURE 16 NORTH AMERICA CONTRACT LOGISTICS MARKET, BY INDUSTRIAL VERTICAL, 2020-2030 (USD MILLION) 47
FIGURE 17 NORTH AMERICA CONTRACT LOGISTICS MARKET, 2020-2030 (USD MILLION) 54
FIGURE 18 NORTH AMERICA CONTRACT LOGISTICS MARKET, 2022 (% SHARE) 55
FIGURE 19 BENCHMARKING OF MAJOR COMPETITORS 62
FIGURE 20 MARKET SHARE ANALYSIS OF THE NORTH AMERICA CONTRACT LOGISTICS MARKET 65
FIGURE 21 GXO LOGISTIC INC.: FINANCIAL OVERVIEW SNAPSHOT 68
FIGURE 22 GXO LOGISTICS INC.: SWOT ANALYSIS 69
FIGURE 23 UNITED PARCEL SERVICE, INC.: FINANCIAL OVERVIEW SNAPSHOT 71
FIGURE 24 UNITED PARCEL SERVICE, INC: SWOT ANALYSIS 72
FIGURE 25 RYDER SYSTEM INC.: FINANCIAL OVERVIEW SNAPSHOT 73
FIGURE 26 RYDER SYSTEM INC.: SWOT ANALYSIS 75
FIGURE 27 J.B HUNT TRANSPORT INC.: FINANCIAL ANALYSIS 77
FIGURE 28 DHL GROUP: FINANCIAL ANALYSIS 80
FIGURE 29 DHL GROUP: SWOT ANALYSIS 81
FIGURE 30 FEDEX CORPORATION: FINANCIAL ANALYSIS 84
FIGURE 31 FEDEX CORPORATION: SWOT ANALYSIS 85
FIGURE 32 KUEHNE+ NAGEL: FINANCIAL OVERVIEW SNAPSHOT 86
FIGURE 33 KUEHNE + NAGEL: SWOT ANALYSIS 87
FIGURE 34 CMA CGM GROUP: FINANCIAL OVERVIEW SNAPSHOT 90
FIGURE 35 DEUTSCHE BAHN AG: FINANCIAL OVERVIEW SNAPSHOT 93