Press release
Global Logistics Services (3PL and 4PL) Sales Market Report 2023
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations.Now, 3PLs can handle almost your entire business. This includes not only the complete supply chain cycle, but also such functions as customer service, order management, sales support, ecommerce and IT integration.
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A 4PL is an independent, singularly accountable, non-asset based integrator of clients' supply and demand chains. The 4PL's role is to implement and manage a value creating business solution through control of time and place utilities and influence on form and possession utilities within the client organization.
Market Analysis and Insights: Global Logistics Services (3PL and 4PL) Market
Due to the COVID-19 pandemic, the global Logistics Services (3PL and 4PL) market size is estimated to be worth US$ 858130 million in 2022 and is forecast to a readjusted size of US$ 1228810 million by 2029 with a CAGR of 5.2% during the forecast period 2023-2029.
Fully considering the economic change by this health crisis, Transportation accounting for % of the Logistics Services (3PL and 4PL) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.
While Consumer Goods segment is altered to an % CAGR throughout this forecast period.
Global Logistics Services (3PL and 4PL) key players include DHL Supply Chain and Global Forwarding, Kuehne + Nagel, DB Schenker Logistic, Nippon Express, C.H. Robinson Worldwide, etc. Global top five players hold a share about 10%.
Asia-Pacific is the largest market, with a share about 40%, followed by North America and Europe, having a total share about 45 percent.
In terms of product, Transportation is the largest segment, with a share about 25%. And in terms of application, the largest application is Technological, followed by Consumer Goods, Healthcare, Industrial, Elements, Food and Groceries, Automotive, Retailing, etc.
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Global Logistics Services (3PL and 4PL) Scope and Market Size
The global Logistics Services (3PL and 4PL) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Logistics Services (3PL and 4PL) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and
by Application for the period 2018-2029.
Segment by Type
Transportation
Warehousing
Value-added Services
Lead Logistics Provider Services or 4PL
Other
Segment by Application
Consumer Goods
Healthcare
Industrial
Elements
Food and Groceries
Automotive
Technological
Retailing
Other
BY REGION
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
BY COMPANY
DHL Supply Chain and Global Forwarding
Kuehne + Nagel
Nippon Express
DB Schenker Logistics
C.H. Robinson Worldwide
DSV Panalpina
Sinotrans
XPO Logistics
UPS Supply Chain Solutions
J.B. Hunt (JBI, DCS and ICS)
Expeditors International of Washington
CEVA Logistics
Hitachi Transport System
Dachser
GEODIS
Toll Group
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https://reports.valuates.com/reports/QYRE-Auto-36Y633/global-freight-brokerage
https://reports.valuates.com/market-reports/QYRE-Othe-4Q275/freight-forwarding
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