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Third-Party Logistics (3PL) Market: Industry Size, Share, Consumption, Trends, Analysis And Forecast To 2032
Third-Party Logistics (3PL) Market
Third-Party Logistics (3PL) Market Size, Growth Rate, And Forecast
The global third-party logistics (3PL) market size 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 size is expected to grow to $1,579.84 billion in 2027 at a CAGR of 9.5%.
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Third-Party Logistics (3PL) Market Drivers
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.
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Third-Party Logistics (3PL) Market Segments
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Third-Party Logistics (3PL) Market.
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Third-Party Logistics (3PL) Market Key Players
Major competitors in the Third-Party Logistics (3PL) Market include 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 Business Research Company's "Global Third-Party Logistics (3PL) Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Third-Party Logistics (3PL) Market Include:
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
5. Third-Party Logistics (3PL) Market Size And Growth
.......
26. Africa Third-Party Logistics (3PL) Market
27. Third-Party Logistics (3PL) Market Competitive Landscape And Company Profiles
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
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