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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1241332

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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1241332

Global Third-Party Logistics Market Size-By Services, By Transportation, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

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Global Third-Party Logistics Market Overview

According to SPER Market Research, the Global Third-Party Logistics Market is estimated to reach USD 2431.83 billion by 2032 with a CAGR of 8.85%.

A segment of the logistics market that offers firms outsourced logistics services is referred to as the worldwide third-party logistics (3PL) market. Transportation, warehousing, inventory management, order fulfilment, and other value-added services like packaging and assembly are just a few of the services that 3PL companies provide. These services let companies outsource their logistics needs to a professional provider so they may concentrate on their core skills. Globalization, the expansion of e-commerce, rising client expectations, and the requirement for cost optimization are some of the reasons driving the 3PL market. The management of intricate supply chains across borders is increasingly important as organisations extend their operations abroad. While online retailers need effective and adaptable logistics solutions to fulfil consumer orders, the growth of e-commerce has also increased demand for 3PL services.

Customers also expect quicker delivery times, real-time visibility, and customised services, all of which 3PL providers can give thanks to cutting-edge technologies and logistical solutions. The international 3PL industry is extremely competitive, with numerous regional and international competitors providing a variety of services to different industries. DHL, Kuehne + Nagel, DB Schenker, C.H. Robinson, XPO Logistics, and UPS Supply Chain Solutions are a few of the industry's top suppliers. To accommodate the rising demand for logistics services, these businesses have been making significant investments in technology and developing their global network. The growing complexity of supply chains, the need for cost optimization, and the adoption of cutting-edge technologies like blockchain and artificial intelligence are all projected to fuel the growth of the 3PL industry in the upcoming years. The market, however, also faces a number of difficulties, such as escalating competition, squeezed margins, and the need to strike a balance between innovation and cost-effectiveness.

Impact of COVID-19 on the Global Third-Party Logistics Market

On the global third-party logistics (3PL) market, the COVID-19 epidemic has had a considerable effect. In addition to driving higher demand for logistics services, the pandemic has disrupted business as usual for 3PL providers and presented them with new obstacles. Global supply chains have been disrupted, which has had a significant impact on the 3PL sector as a result of COVID-19. There have been delays and capacity constraints in the transportation and logistics networks as a result of lockdowns, travel restrictions, and border closures. Due to the need for businesses to find more affordable alternatives for shipping their goods, this has increased demand for 3PL services. Nonetheless, the pandemic has also caused changes in the supply chain and alterations in consumer behaviour, which have had an impact on the demand for specific kinds of logistics services.

In contrast to the fall in demand for commercial and industrial logistics, the growth of e-commerce and online shopping has raised demand for last-mile delivery services. The adoption of new technology in the 3PL sector has been a COVID-19 effect as well. In order to run their operations remotely, 3PL suppliers have been forced to rely on digital technology due to social distancing policies and travel constraints. Robotics, artificial intelligence, and machine learning have all seen an increase in use as a result of this. Also, the pandemic has made it clear how crucial risk management and supply chain resilience are, and 3PL providers have had to modify their methods in response. Investing in emergency preparedness, diversifying supply chain networks, and improving supply chain visibility and transparency have all been part of this. The worldwide 3PL market has faced possibilities and challenges as a result of the COVID-19 epidemic. Even though the pandemic caused disruptions, it also sped up the use of digital technology and emphasized the value of resilience and risk management in supply chains.

Scope of the Report

Report Metric Details:

Market size available for years 2019-2032

Base year considered 2021

Forecast period 2022-2032

Segments covered By Services, By Transportation, By End User.

Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.

Companies Covered C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad, United Parcel Service.

Global Third-Party Logistics Market Segmentation:

By Services: Based on the Services, Global Third-Party Logistics Market is segmented as; Dedicated Contract Carriage (DCC)/Freight forwarding, Domestic Transportation Management (DTM), International Transportation Management (ITM), Warehousing & Distribution (W&D), Value Added Logistics Services (VALs).

By Transportation: Based on the Transportation, Global Third-Party Logistics Market is segmented as; Roadways, Railways, Waterways.

By End User: Based on the End User, Global Third-Party Logistics Market is segmented as; Manufacturing, Retail, Healthcare, Automotive, Others.

By Region: The global third-party logistics market was divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa based on geography. The greatest market share for stucco is anticipated to be in Asia Pacific.

Product Code: AMIN2356

Table of Contents

1. Introduction

  • 1.1. Scope of the report
  • 1.2. Market segment analysis

2. Research Methodology

  • 2.1 Research data source
    • 2.1.1 Secondary data
    • 2.1.2 Primary data
    • 2.1.3 SPER's internal database
    • 2.1.4 Premium insight from KOL's
  • 2.2 Market size estimation
    • 2.2.1 Top-down and Bottom-up approach
  • 2.3 Data triangulation

3. Executive Summary

4. Market Dynamics

  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1 Drivers
    • 4.1.2 Restraints
    • 4.1.3 Opportunities
    • 4.1.4 Challenges
  • 4.2. COVID-19 Impacts of the Global Third-Party Logistics Market

5. Market variables and outlook

  • 5.1. SWOT analysis
    • 5.1.1 Strengths
    • 5.1.2 Weaknesses
    • 5.1.3 Opportunities
    • 5.1.4 Threats
  • 5.2. PESTEL analysis
    • 5.2.1 Political landscape
    • 5.2.2 Economic landscape
    • 5.2.3 Social landscape
    • 5.2.4 Technological landscape
    • 5.2.5 Environmental landscape
    • 5.2.6 Legal landscape
  • 5.3. PORTER'S five forces analysis
    • 5.3.1 Bargaining power of suppliers
    • 5.3.2 Bargaining power of Buyers
    • 5.3.3 Threat of Substitute
    • 5.3.4 Threat of new entrant
    • 5.3.5 Competitive rivalry
  • 5.4. Heat map analysis

6. Competitive Landscape

  • 6.1 Global Third-Party Logistics Manufacturing Base Distribution, Sales Area, Product Type
  • 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Third-Party Logistics Market

7. Global Third-Party Logistics Market, By Services, 2019-2032 (USD Million)

  • 7.1 Dedicated Contract Carriage (DCC)/Freight forwarding
  • 7.2 Domestic Transportation Management (DTM)
  • 7.3 International Transportation Management (ITM)
  • 7.4 Value Added Logistics Services (VALs)
  • 7.5 Warehousing & Distribution (W&D )

8. Global Third-Party Logistics Market, By Transportation, 2019-2032 (USD Million)

  • 8.1 Railways
  • 8.2 Roadways
  • 8.3 Waterways

9. Global Third-Party Logistics Market, By End User, 2019-2032 (USD Million)

  • 9.1 Automotive
  • 9.2 Healthcare
  • 9.3 Manufacturing
  • 9.4 Retail
  • 9.5 Others

10. Global Third-Party Logistics Market, By Region, 2019-2032 (USD Million)

  • 10.1 Global Third-Party Logistics Market Size and Market Share by Region (2019-2025)
  • 10.2 Global Third-Party Logistics Market Size and Market Share by Region (2026-2032)
  • 10.3 Asia-Pacific
    • 10.3.1 Australia
    • 10.3.2 China
    • 10.3.3 India
    • 10.3.4 Japan
    • 10.3.5 South Korea
    • 10.3.6 Rest of Asia-Pacific
  • 10.4 Europe
    • 10.4.1 France
    • 10.4.2 Germany
    • 10.4.3 Italy
    • 10.4.4 Spain
    • 10.4.5 United Kingdom
    • 10.4.6 Rest of Europe
  • 10.5 Middle East and Africa
    • 10.5.1 Kingdom of Saudi Arabia
    • 10.5.2 United Arab Emirates
    • 10.5.3 Rest of Middle East & Africa
  • 10.6 North America
    • 10.6.1 Canada
    • 10.6.2 Mexico
    • 10.6.3 United States
  • 10.7 Latin America
    • 10.7.1 Argentina
    • 10.7.2 Brazil
    • 10.7.3 Rest of Latin America

11. Company Profiles

  • 11.1. C.H. Robinson Worldwide, Inc.
    • 11.1.1 Company details
    • 11.2.1 Financial outlook
    • 11.3.1 Product summary
    • 11.4.1 Recent developments
  • 11.2. DB Schenker,
    • 11.1.2 Company details
    • 11.2.2 Financial outlook
    • 11.3.2 Product summary
    • 11.4.2 Recent developments
  • 11.3. DHL International GMBH,
    • 11.1.3 Company details
    • 11.2.3 Financial outlook
    • 11.3.3 Product summary
    • 11.4.3 Recent developments
  • 11.4. FedEx Corporation
    • 11.1.4 Company details
    • 11.2.4 Financial outlook
    • 11.3.4 Product summary
    • 11.4.4 Recent developments
  • 11.5. KUEHNE+NAGEL Inc.
    • 11.1.5 Company details
    • 11.2.5 Financial outlook
    • 11.3.5 Product summary
    • 11.4.5 Recent developments
  • 11.6. Maersk
    • 11.1.6 Company details
    • 11.2.6 Financial outlook
    • 11.3.6 Product summary
    • 11.4.6 Recent developments
  • 11.7. Nippon Express,
    • 11.1.7 Company details
    • 11.2.7 Financial outlook
    • 11.3.7 Product summary
    • 11.4.7 Recent developments
  • 11.8. Panalpina World Transport Ltd.
    • 11.1.8 Company details
    • 11.2.8 Financial outlook
    • 11.3.8 Product summary
    • 11.4.8 Recent developments
  • 11.9. Union Pacific Railroad
    • 11.1.9 Company details
    • 11.2.9 Financial outlook
    • 11.3.9 Product summary
    • 11.4.9 Recent developments
  • 11.10. United Parcel Service
    • 11.1.10 Company details
    • 11.2.10 Financial outlook
    • 11.3.10 Product summary
    • 11.4.10 Recent developments

12.List of Abbreviations

13.Reference Links


15.Research Scope

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Jeroen Van Heghe

Manager - EMEA



Christine Sirois

Manager - Americas


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