Third-Party Logistics Market Size, Latest Growth, Forecast By 2024 - 2031

Third-Party Logistics Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

The global third-party logistics (3PL) market, valued at approximately USD 1,095.85 billion in 2023, is projected to experience steady growth over the forecast period. From 2024 to 2031, the market is expected to expand at a compound annual growth rate (CAGR) of around 8.1%, driven by rising demand for supply chain efficiency, increased e-commerce activity, and greater reliance on outsourced logistics services across industries.

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Market opportunities and Growth Drivers:

The rapid growth of e-commerce, with over 24 million online stores globally, is fueling demand for third-party logistics (3PL) services, as businesses-especially smaller ones-outsource supply chain, warehousing, and fulfillment to enhance efficiency and customer satisfaction. However, 3PL companies face challenges in international logistics due to complex documentation requirements and varying shipping regulations across countries, making compliance and administrative management increasingly difficult.

Third-Party Logistics Market Recent Development:

April 2025 - DHL Supply Chain Introduces AI-Powered Logistics Platform
DHL launched a new AI-based logistics optimization system designed to improve route planning, inventory management, and warehouse automation. This innovation is expected to boost delivery efficiency and reduce operational costs across its global operations.

List of the Key Players in the Third-Party Logistics Market:

XPO Logistics, Inc, Nippon Express, Agility Logistics, CEVA Logistics, DHL, DB Schenker, FedEx Corporation, Yusen Logistics, Kerry Logistics, AmeriCold Logistics and CH Robinson.

Assessing the Effects of U.S. Tariffs on the Third-Party Logistics Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Third-Party Logistics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Third-Party Logistics Market:

By Type - Dedicated Contract Carriage, Domestic Transportation Management, International Transportation Management, Value-Added Warehousing and Distribution

By Transport - Roadways, Railways, Waterways, Airways

By End-User - Automotive, Manufacturing, Retail, Healthcare, Others

Regional Analysis for Third-Party Logistics Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

People Also Ask:

Most Frequently Asked Questions in the Third-Party Logistics Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Third-Party Logistics market?

➠ Who are the top manufacturers in the global Third-Party Logistics industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Third-Party Logistics market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Third-Party Logistics market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Third-Party Logistics industry landscape?

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