Third-Party Logistics (3PL) Market Size Worth USD 2,218.3 Billion by 2033 | CAGR 7.01%

The latest report by IMARC Group, titled "𝐓𝐡𝐢𝐫𝐝-𝐏𝐚𝐫𝐭𝐲 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 (𝟑𝐏𝐋) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 (𝐑𝐚𝐢𝐥𝐰𝐚𝐲𝐬, 𝐑𝐨𝐚𝐝𝐰𝐚𝐲𝐬, 𝐖𝐚𝐭𝐞𝐫𝐰𝐚𝐲𝐬, 𝐀𝐢𝐫𝐰𝐚𝐲𝐬), 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞 (𝐃𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐂𝐚𝐫𝐫𝐢𝐚𝐠𝐞, 𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭, 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭, 𝐖𝐚𝐫𝐞𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐚𝐧𝐝 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧, 𝐕𝐚𝐥𝐮𝐞 𝐀𝐝𝐝𝐞𝐝 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬), 𝐄𝐧𝐝 𝐔𝐬𝐞 (𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠, 𝐑𝐞𝐭𝐚𝐢𝐥, 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞, 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑," offers a comprehensive analysis of the third-party logistics market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global third-party logistics market size reached 𝐔𝐒𝐃 𝟏,𝟐𝟎𝟏.𝟒 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒. Looking forward, IMARC Group expects the market to reach 𝐔𝐒𝐃 𝟐,𝟐𝟏𝟖.𝟑 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑, exhibiting a 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟕.𝟎𝟏% during 2025-2033.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/third-party-logistics-market/requestsample

𝐓𝐡𝐢𝐫𝐝-𝐏𝐚𝐫𝐭𝐲 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 (𝟑𝐏𝐋) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

• 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞𝐝 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐃𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧

The 3PL industry is on the 'remodeling' stage thanks to the ever-evolving technology. Logistics activities such as AI, ML, and blockchain, are changing the shape of logistics offering accuracy, transparency, and better productivity. Automation of warehouse management, inventory monitoring, and freight optimization minimizes operational expenses and allows easier scaling of businesses.

While with complexity in trade flows, dependence on such analytics becomes crucial for logistics who are expected to deliver better POC and satisfaction to customers. Investments in such technologies are providing an edge to the companies in in-effective routing, downtimes and other supply chain disturbances.

• 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬

Increasing interest in Sustainable Logistics Alternatives: Germany plays a role in advocating for the respect of the environment by placing more importance on 3PL Operations. The government, consumers and the business sector are all calling for the reduction of carbon emissions and green logistics catering to the carbon responsible strategy. Such changes are encouraging the use of electric cars, green packaging, and the construction of energy-efficient buildings.

Logistic service providers are now building, for instance, solar powered warehouses, which are green in nature, to reduce their carbon footprints. Customers are also interested in sustainable sourcing and sustainability credibility, thus, enforcing the need for sustainability in providing solutions for supply chain visibility. This is a trend that has the potential not only to facilitate creativity but also transform the existing business models of 3PL.

• 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐝 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐎𝐦𝐧𝐢𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐑𝐞𝐭𝐚𝐢𝐥𝐢𝐧𝐠:

The rapid growth of e-commerce and omnichannel retailing is among the major opportunities for the further development of the 3PL market. In light of the increasing popularity of online sales, the logistics companies are indeed improving their systems to handle the increased number of orders and achieve quicker last mile delivery. E-commerce designed fulfillment services that include same day delivery as well as reverse logistics are emerging as important competitive fields.

There is an increasing need to adopt micro-fulfillment centers and localized warehouses to be able to meet customers' needs for speed and convenience. Also, integration of various omnichannel strategies provides 3PL providers with the means to offer uniform and timely services over a wide range of retailers thus promoting customer satisfaction and enhancing market penetration.

𝐓𝐡𝐢𝐫𝐝-𝐏𝐚𝐫𝐭𝐲 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 (𝟑𝐏𝐋) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Scenarios of international trade development along with increasing complexity of the supply chains push evolution and growth prospects of the 3PL industry along interesting paths. One such tendency worth noticing is the shift towards automation by integrating Internet of Things, big data, and cloud technology into a logistics business model.

Another trend affecting the 3PL market is the growing prominence of logistic outsourcing due to core competency focus strategies of many businesses. Regional trade agreements and growing expectations of consumers for speed and flexibility of deliveries compel businesses to seek specialized logistics. Further, with the increasing focus on risk management and supply chain resilience from geopolitical climate and global disruptions, it has become alive that such trends highlight the way forward 3PL providers averts the chance of failure in an ever-changing global marketplace.

𝐀𝐬𝐤 𝐭𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.imarcgroup.com/request?type=report&id=5937&flag=C

𝐓𝐡𝐢𝐫𝐝-𝐏𝐚𝐫𝐭𝐲 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 (𝟑𝐏𝐋) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

• Railways
• Roadways
• Waterways
• Airways

𝐑𝐨𝐚𝐝𝐰𝐚𝐲𝐬 dominates the market.

𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

• Dedicated Contract Carriage
• Domestic Transportation Management
• International Transportation Management
• Warehousing and Distribution
• Value Added Logistics Services

𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐭𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 holds the largest share in the market.

𝐄𝐧𝐝-𝐔𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

• Manufacturing
• Retail
• Healthcare
• Automotive
• Others

𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 dominates the market.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

• North America (USA, Canada)
• Europe (Germany, France, UK, Italy, Spain, Russia, others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
• Middle East/Africa
• Latin America (Brazil, Mexico, others)

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 exhibits a clear dominance in the market.

𝐓𝐨𝐩 𝐓𝐡𝐢𝐫𝐝-𝐏𝐚𝐫𝐭𝐲 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 (𝟑𝐏𝐋) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐞𝐚𝐝𝐞𝐫𝐬:

The Third-Party Logistics (3PL) Market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• C.H. Robinson
• CMA CGM
• DB Schenker
• DHL (The Deutsche Post AG)
• DSV A/S
• Expeditors International of Washington Inc
• FedEx Corporation
• Hitachi Transport System Ltd.
• J.B. Hunt Transport Services Inc
• Kuehne + Nagel International AG (Kuehne Holding AG)
• Nippon Express Co. Ltd.
• Sinotrans
• United Parcel Service

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝐄𝐦𝐚𝐢𝐥: sales@imarcgroup.com
𝐓𝐞𝐥 𝐍𝐨:(𝐃) +91 120 433 0800
𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: +1-631-791-1145

𝐀𝐛𝐨𝐮𝐭 𝐔𝐒:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.