Press release
Third Party Logistics (3PL) Market Set to Soar: USD 2,448.06 Billion Valuation by 2034 Driven by 7.5% CAGR
Third Party Logistics (3PL)-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The third party logistics (3PL) market was estimated to be worth USD 1,184.48 billion in 2024 and is predicted to expand to USD 2,448.06 billion by 2034, with a CAGR of 7.5% from 2025 to 2034.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide third party logistics (3PL) market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by service, mode of transport, end use, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Third party Logistics (3PL) involves delegating logistics and supply chain management tasks to outside service providers. 3PL firms oversee multiple components, such as transport, storage, inventory control, order processing, and distribution. By collaborating with a 3PL provider, companies can optimize their operations, lower expenses, and improve efficiency. This enables them to concentrate on primary tasks while utilizing the knowledge and resources of expert logistics suppliers.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/third-party-logistics-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ As more service providers transition to delivering industry-specific services, the need for third party logistics is anticipated to increase. The presence of specialized logistics services for various industries is a major trend in market demand expected to fuel the growth of the market.
โ With the increasing global demand for e-commerce, companies face the challenge of providing fast and affordable order deliveries. This frequently necessitates outsourcing logistics to specialized third party logistics service providers.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here are the top companies in the third party logistics (3PL) market:
โข Burris Logistics
โข DSV
โข BDP International
โข DB Schenker Logistics
โข Burris Logistics
โข FedEx
โข J.B. Hunt Transport, Inc.
โข C.H. Robinson Worldwide, Inc.
โข CEVA Logistics
โข Kuehne + Nagel
โข XPO Logistics, Inc
โข Yusen Logistics Co. Ltd.
โข Nippon Express
โข United Parcel Service of America, Inc.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/third-party-logistics-market/inquire-before-buying
๐๐ก๐ข๐ซ๐ ๐๐๐ซ๐ญ๐ฒ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข By service, the domestic transportation segment dominated the third party logistics market with the largest revenue share of 35.1% in 2024. The segment growth is primarily fueled by the rising carrier rates and increasing cross-decking services.
โข By end use, the manufacturing segment accounted for the largest revenue share of 25.2% in 2024, owing to the various benefits of third party logistics in terms of business process development and transport operations.
โข Asia Pacific held the largest revenue share of 45.12% in the third party logistics market in 2024, and is expected to witness the fastest growth during the forecast period. The regional market growth is primarily fueled by the increased demand for third party logistics from the manufacturing and retail sectors in emerging nations.
โข North America witnessed a significant share of the third party logistics market in 2024. The regional market growth is being propelled by the introduction of new economic policies and the presence of major logistics companies in the region.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, Asia Pacific had the largest revenue share, 45.12%, in 2024 and is anticipated to witness the fastest growth during the projection period. The rising demand for third party logistics from the manufacturing and retail industries in developing countries mainly drives the regional market's growth.
Also, in 2024, North America had a substantial market share. The introduction of new economic policies is propelling the regional market growth; better infrastructure of rail, road, sea, and air transport; and the presence of major logistics companies focused on technological advancements.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/third-party-logistics-market
Segmental Outlook:
Third Party Logistics (3PL) Market, Service Outlook (Revenue - USD Billion, 2020-2034)
โข Dedicated Contract Carriage
โข Domestic Transportation Management
โข International Transportation Management
โข Distribution and Warehousing
โข Others
Third Party Logistics (3PL) Market, Mode of Transport Outlook (Revenue - USD Billion, 2020-2034)
โข Roadways
โข Railways
โข Waterways
โข Airways
Third Party Logistics (3PL) Market, End Use Outlook (Revenue - USD Billion, 2020-2034)
โข Retail
โข Manufacturing
โข Healthcare
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
High Voltage Electric Heaters Market:
https://www.polarismarketresearch.com/industry-analysis/high-voltage-electric-heater-market
Lavatory Service Vehicles Market:
https://www.polarismarketresearch.com/industry-analysis/lavatory-service-vehicles-market
In-Vehicle Payment Services Market:
https://www.polarismarketresearch.com/industry-analysis/in-vehicle-payment-services-market
Automotive Lightweight Material Market:
https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market
Automotive Finance Market:
https://www.polarismarketresearch.com/industry-analysis/automotive-finance-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Third Party Logistics (3PL) Market Set to Soar: USD 2,448.06 Billion Valuation by 2034 Driven by 7.5% CAGR here
News-ID: 3791151 • Views: โฆ
More Releases from Polaris Market Research & Consulting
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors.
Market at a Glance
In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 3.82 billion in 2024 and is expected toโฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโฆ
More Releases for Logistics
Cold Chain Market 2021 Precise Outlook- AmeriCold Logistics, Nichirei Logistics โฆ
The Global Cold Chain Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry isโฆ
Food Logistics Market Worth Observing Growth | Trinity Logistics, AmeriCold Logi โฆ
The latest launched report on Global Food Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Food Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Port Jersey Logistics, DB Schenker, Henningsen Cold Storage, R2 Logistics, AN Deringer, ODW Logistics, Matson Logistics, Allen Lund,โฆ
Logistics Market Future Outlook | AmeriCold Logistics, Nichirei Logistics, Linea โฆ
WiseGuyRerports.com Presents โ๏ปฟ๏ปฟGlobal Logistics Market Size, Status and Forecast 2020-2026โ New Document to its Studies Database
The extensive market study presents a complete analysis of the global Logistics market, including the latest developments, current market conditions, and the growth potentialities during the review period. Accurate statistics with regard to the product, methods as well as the share belonging to the key businesses in the market are also given in the report.โฆ
Cold Chain Logistics Market Size 2020 by Top Key Players | Nichirei Logistics Gr โฆ
Cold Chain Logistics Market report' to its research archive which allows exploring the industry in a 360-degree view while marking major insights and highlights accelerating the Cold Chain Logistics market trends. The data sourced from the report enables formulating business plans and helps decision making to improve profitability. The Cold Chain Logistics market has been witnessing consistent growth over the last few years and is projected to continue growing withโฆ
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist โฆ
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026.
The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.โฆ
Third-Party Logistics Market: Leading Players โ XPO Logistics , Yusen Logistic โฆ
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments.
Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s.
The study objectives of this report are:
To analyze global Third-Party Logistics status, future forecast,โฆ
