Third-Party Logistics (3PL) Global Market Report 2023

Description

“Third-Party Logistics (3PL) Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on third-party logistics (3pl) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for third-party logistics (3pl)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The third-party logistics (3pl) market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Service Type: Dedicated Contract carriage; Domestic Transportation Management; International Transportation Management; Warehousing And Distribution; Other Service Types

2) By Mode Of Transport: Railways; Roadways; Waterways; Airways

3) By Industry: Technological; Automative; Retailing; Elements; Food And Groceries; Healthcare; Other Industries

Companies Mentioned: DHL International GmbH; Kuehne + Nagel International AG; DB Schenker (DB Group); Nippon Express Co Ltd; Union Pacific Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the third-party logistics (3PL) market are: DHL International GmbH, Kuehne + Nagel International AG, DB Schenker (DB Group), Nippon Express Co Ltd., Union Pacific Corporation, FedEx Corporation, United Parcel Service (UPS), Panalpina, Maersk, JB Hunt, CEVA Logistics, XPO Logistics Inc., Yusen Logistics Co. Ltd., NYK logistics Co Ltd., BDP International Inc., Burris Logistics, Kerry Logistics Network Limited, DSV A/S, GEODIS and Sinotrans Limited.

The global third-party logistics (3pl) market grew from $997.51 billion in 2022 to $1,099.3 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The third-party logistics (3pl) market is expected to grow to $1,579.84 billion in 2027 at a CAGR of 9.5%.

The third-party logistics market includes revenues earned by entities by providing services such as warehousing, purchasing supplies, inventory control, customs brokerage, freight audit, payments, and shipment monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Third-party logistics (3PL) refers to the outsourcing of ecommerce logistics processes to a third party business, including inventory management, warehousing, and fulfillment. 3PL providers allow ecommerce merchants to accomplish more, with the tools and infrastructure to automate retail order fulfillment.

Asia-Pacific was the largest region in the third-party logistics market in 2022. The regions covered in the third-party logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of third-party logistics are dedicated contract carriage, domestic transportation management, international transportation management, warehousing and distribution, and other service types. Dedicated contract carriage refers to a service where shippers can pay a flat rate per truck and choose the length of time for which they can secure vehicles (one day, one week, a month), depending on their needs. The modes of transport are railways, roadways, waterways, and airways. The various industries involved technological, automotive, retailing, elements, food and groceries, healthcare, and other industries.

The development of the e-commerce industry is expected to propel the growth of the third-party logistics market going forward. Electronic commerce (E-commerce) refers to companies and individuals that buy and sell goods and services over the Internet. Third-party logistics providers (3PL) are utilized by many e-commerce businesses to oversee and manage their supply chain management. For instance, in 2021, according to Oberlo, a US-based dropshipping app for Shopify, total US e-commerce sales reached $960.1 billion, an 18.3 % year-over-year increase from $811.6 billion in 2020. Therefore, the development of the e-commerce industry is driving the third-party logistics market.

The shift in technology is a key trend gaining popularity in the third-party logistics market. Major companies operating in the third-party logistics market are focused on developing new technological solutions to strengthen their position. For instance, in 2020, DHL Supply Chain, a Germany-based provider of third-party logistics, launched a new "plug & play" robotics platform in partnership with Microsoft, a US-based technology company. This robotic platform has unique features such as reducing integration time and programming efforts for onboarding new automation devices into warehouse facilities and providing DHL customers flexibility in selecting suitable robotics systems by leveraging Microsoft Azure IoT technology and cloud platform services.

In February 2020, C.H Robinson, a US-based company provider of multimodal transportation services and third-party logistics acquired Prime Distribution Services for an amount of $225 million. This acquisition is expected to benefit C.H. Robinson's retail consolidation business to grow by adding scale, capabilities, and expertise to the company's portfolio. Prime Distribution Services is a US-based provider of third-party logistics.

The countries covered in the third-party logistics market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The third-party logistics market research report is one of a series of new reports from The Business Research Company that provides third-party logistics market statistics, including third-party logistics industry global market size, regional shares, competitors with a third-party logistics market share, detailed third-party logistics market segments, market trends and opportunities, and any further data you may need to thrive in the third-party logistics industry. This third-party logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r4285

1. Executive Summary

2. Third-Party Logistics (3PL) Market Characteristics

3. Third-Party Logistics (3PL) Market Trends And Strategies

4. Third-Party Logistics (3PL) - Macro Economic Scenario

4.1 COVID-19 Impact On Third-Party Logistics (3PL) Market
4.2 Ukraine-Russia War Impact On Third-Party Logistics (3PL) Market
4.3 Impact Of High Inflation On Third-Party Logistics (3PL) Market

5. Third-Party Logistics (3PL) Market Size And Growth

5.1. Global Third-Party Logistics (3PL) Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Third-Party Logistics (3PL) Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Third-Party Logistics (3PL) Market Segmentation

6.1. Global Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Dedicated Contract Carriage
Domestic Transportation Management
International Transportation Management
Warehousing And Distribution
Other Service Types
6.2. Global Third-Party Logistics (3PL) Market, Segmentation By Mode Of Transport, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Railways
Roadways
Waterways
Airways
6.3. Global Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Technological
Automative
Retailing
Elements
Food And Groceries
Healthcare
Other Industries

7. Third-Party Logistics (3PL) Market Regional And Country Analysis

7.1. Global Third-Party Logistics (3PL) Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Third-Party Logistics (3PL) Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Third-Party Logistics (3PL) Market

8.1. Asia-Pacific Third-Party Logistics (3PL) Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Third-Party Logistics (3PL) Market

9.1. China Third-Party Logistics (3PL) Market Overview
9.2. China Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Third-Party Logistics (3PL) Market

10.1. India Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Third-Party Logistics (3PL) Market

11.1. Japan Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Third-Party Logistics (3PL) Market

12.1. Australia Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Third-Party Logistics (3PL) Market

13.1. Indonesia Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Third-Party Logistics (3PL) Market

14.1. South Korea Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Third-Party Logistics (3PL) Market

15.1. Western Europe Third-Party Logistics (3PL) Market Overview
15.2. Western Europe Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Third-Party Logistics (3PL) Market

16.1. UK Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Third-Party Logistics (3PL) Market

17.1. Germany Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Third-Party Logistics (3PL) Market

18.1. France Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Third-Party Logistics (3PL) Market

19.1. Eastern Europe Third-Party Logistics (3PL) Market Overview
19.2. Eastern Europe Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Third-Party Logistics (3PL) Market

20.1. Russia Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Third-Party Logistics (3PL) Market

21.1. North America Third-Party Logistics (3PL) Market Overview
21.2. North America Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Third-Party Logistics (3PL) Market

22.1. USA Third-Party Logistics (3PL) Market Overview
22.2. USA Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Third-Party Logistics (3PL) Market

23.1. South America Third-Party Logistics (3PL) Market Overview
23.2. South America Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Third-Party Logistics (3PL) Market

24.1. Brazil Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Third-Party Logistics (3PL) Market

25.1. Middle East Third-Party Logistics (3PL) Market Overview
25.2. Middle East Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Third-Party Logistics (3PL) Market

26.1. Africa Third-Party Logistics (3PL) Market Overview
26.2. Africa Third-Party Logistics (3PL) Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Third-Party Logistics (3PL) Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Third-Party Logistics (3PL) Market Competitive Landscape And Company Profiles

27.1. Third-Party Logistics (3PL) Market Competitive Landscape
27.2. Third-Party Logistics (3PL) Market Company Profiles
- 27.2.1. DHL International GmbH
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Kuehne + Nagel International AG
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. DB Schenker (DB Group)
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Nippon Express Co Ltd
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Union Pacific Corporation
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Third-Party Logistics (3PL) Market

29. Third-Party Logistics (3PL) Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer