Rising demand for reducing the shipping costs accompanied with the focus on managing timely delivery of goods is anticipated to fuel the 3PL market over the forecast timeline. It helps in reducing the capital costs and enabling businesses to focus on their core competencies. 3PL services are not only restricted toward logistics, but also include value-addition services for the entire process from procurement to distribution to consumers, thereby establishing an efficient and effective supply chain. In addition, advanced IT solutions, such as Electronic Data Interchange(EDI) and Vendor Managed Inventory (VMI), offers visibility to inbound and outbound logistics operations and contributes to the growth of the 3PL market.
Market Analysis and Insights: Global Third Party Logistics (3PL) Market
The global Third Party Logistics (3PL) market size is projected to reach US$ 1479420 million by 2028, from US$ 913660 million in 2021, at a CAGR of 7.0% during 2022-2028.
Fully considering the economic change by this health crisis, Transportation accounting for % of the Third Party Logistics (3PL) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Air segment is altered to an % CAGR throughout this forecast period.
China Third Party Logistics (3PL) market size is valued at US$ million in 2021, while the North America and Europe Third Party Logistics (3PL) are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Third Party Logistics (3PL) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Third Party Logistics (3PL) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Third Party Logistics (3PL) market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Third Party Logistics (3PL) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Third Party Logistics (3PL) market.
Global Third Party Logistics (3PL) Scope and Market Size
Third Party Logistics (3PL) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Third Party Logistics (3PL) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
- Transportation
- Warehouse/Distribution
- Forwarder
- Shipper/Management
- Financial
- Information
Segment by Application
By Company
- AmeriCold Logistics LLC
- DHL Supply Chain
- FedEx
- Nippon Express Co., Ltd
- UPS Supply Chain Solutions
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
TABLE OF CONTENTS
1 Report Business Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Third Party Logistics (3PL) Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
- 1.2.2 Transportation
- 1.2.3 Warehouse/Distribution
- 1.2.4 Forwarder
- 1.2.5 Shipper/Management
- 1.2.6 Financial
- 1.2.7 Information
- 1.3 Market by Application
- 1.3.1 Global Third Party Logistics (3PL) Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
- 1.3.2 Air
- 1.3.3 Sea
- 1.3.4 Rail & Road
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global Third Party Logistics (3PL) Market Perspective (2017-2028)
- 2.2 Third Party Logistics (3PL) Growth Trends by Region
- 2.2.1 Third Party Logistics (3PL) Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 Third Party Logistics (3PL) Historic Market Size by Region (2017-2022)
- 2.2.3 Third Party Logistics (3PL) Forecasted Market Size by Region (2023-2028)
- 2.3 Third Party Logistics (3PL) Market Dynamics
- 2.3.1 Third Party Logistics (3PL) Industry Trends
- 2.3.2 Third Party Logistics (3PL) Market Drivers
- 2.3.3 Third Party Logistics (3PL) Market Challenges
- 2.3.4 Third Party Logistics (3PL) Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Top Third Party Logistics (3PL) Players by Revenue
- 3.1.1 Global Top Third Party Logistics (3PL) Players by Revenue (2017-2022)
- 3.1.2 Global Third Party Logistics (3PL) Revenue Market Share by Players (2017-2022)
- 3.2 Global Third Party Logistics (3PL) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by Third Party Logistics (3PL) Revenue
- 3.4 Global Third Party Logistics (3PL) Market Concentration Ratio
- 3.4.1 Global Third Party Logistics (3PL) Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by Third Party Logistics (3PL) Revenue in 2021
- 3.5 Third Party Logistics (3PL) Key Players Head office and Area Served
- 3.6 Key Players Third Party Logistics (3PL) Product Solution and Service
- 3.7 Date of Enter into Third Party Logistics (3PL) Market
- 3.8 Mergers & Acquisitions, Expansion Plans
4 Third Party Logistics (3PL) Breakdown Data by Type
- 4.1 Global Third Party Logistics (3PL) Historic Market Size by Type (2017-2022)
- 4.2 Global Third Party Logistics (3PL) Forecasted Market Size by Type (2023-2028)
5 Third Party Logistics (3PL) Breakdown Data by Application
- 5.1 Global Third Party Logistics (3PL) Historic Market Size by Application (2017-2022)
- 5.2 Global Third Party Logistics (3PL) Forecasted Market Size by Application (2023-2028)
6 North America
- 6.1 North America Third Party Logistics (3PL) Market Size (2017-2028)
- 6.2 North America Third Party Logistics (3PL) Market Size by Type
- 6.2.1 North America Third Party Logistics (3PL) Market Size by Type (2017-2022)
- 6.2.2 North America Third Party Logistics (3PL) Market Size by Type (2023-2028)
- 6.2.3 North America Third Party Logistics (3PL) Market Share by Type (2017-2028)
- 6.3 North America Third Party Logistics (3PL) Market Size by Application
- 6.3.1 North America Third Party Logistics (3PL) Market Size by Application (2017-2022)
- 6.3.2 North America Third Party Logistics (3PL) Market Size by Application (2023-2028)
- 6.3.3 North America Third Party Logistics (3PL) Market Share by Application (2017-2028)
- 6.4 North America Third Party Logistics (3PL) Market Size by Country
- 6.4.1 North America Third Party Logistics (3PL) Market Size by Country (2017-2022)
- 6.4.2 North America Third Party Logistics (3PL) Market Size by Country (2023-2028)
- 6.4.3 United States
- 6.4.4 Canada
7 Europe
- 7.1 Europe Third Party Logistics (3PL) Market Size (2017-2028)
- 7.2 Europe Third Party Logistics (3PL) Market Size by Type
- 7.2.1 Europe Third Party Logistics (3PL) Market Size by Type (2017-2022)
- 7.2.2 Europe Third Party Logistics (3PL) Market Size by Type (2023-2028)
- 7.2.3 Europe Third Party Logistics (3PL) Market Share by Type (2017-2028)
- 7.3 Europe Third Party Logistics (3PL) Market Size by Application
- 7.3.1 Europe Third Party Logistics (3PL) Market Size by Application (2017-2022)
- 7.3.2 Europe Third Party Logistics (3PL) Market Size by Application (2023-2028)
- 7.3.3 Europe Third Party Logistics (3PL) Market Share by Application (2017-2028)
- 7.4 Europe Third Party Logistics (3PL) Market Size by Country
- 7.4.1 Europe Third Party Logistics (3PL) Market Size by Country (2017-2022)
- 7.4.2 Europe Third Party Logistics (3PL) Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Russia
- 7.4.8 Nordic Countries
8 Asia-Pacific
- 8.1 Asia-Pacific Third Party Logistics (3PL) Market Size (2017-2028)
- 8.2 Asia-Pacific Third Party Logistics (3PL) Market Size by Type
- 8.2.1 Asia-Pacific Third Party Logistics (3PL) Market Size by Type (2017-2022)
- 8.2.2 Asia-Pacific Third Party Logistics (3PL) Market Size by Type (2023-2028)
- 8.2.3 Asia-Pacific Third Party Logistics (3PL) Market Share by Type (2017-2028)
- 8.3 Asia-Pacific Third Party Logistics (3PL) Market Size by Application
- 8.3.1 Asia-Pacific Third Party Logistics (3PL) Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific Third Party Logistics (3PL) Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific Third Party Logistics (3PL) Market Share by Application (2017-2028)
- 8.4 Asia-Pacific Third Party Logistics (3PL) Market Size by Region
- 8.4.1 Asia-Pacific Third Party Logistics (3PL) Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific Third Party Logistics (3PL) Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
- 8.4.8 Australia
9 Latin America
- 9.1 Latin America Third Party Logistics (3PL) Market Size (2017-2028)
- 9.2 Latin America Third Party Logistics (3PL) Market Size by Type
- 9.2.1 Latin America Third Party Logistics (3PL) Market Size by Type (2017-2022)
- 9.2.2 Latin America Third Party Logistics (3PL) Market Size by Type (2023-2028)
- 9.2.3 Latin America Third Party Logistics (3PL) Market Share by Type (2017-2028)
- 9.3 Latin America Third Party Logistics (3PL) Market Size by Application
- 9.3.1 Latin America Third Party Logistics (3PL) Market Size by Application (2017-2022)
- 9.3.2 Latin America Third Party Logistics (3PL) Market Size by Application (2023-2028)
- 9.3.3 Latin America Third Party Logistics (3PL) Market Share by Application (2017-2028)
- 9.4 Latin America Third Party Logistics (3PL) Market Size by Country
- 9.4.1 Latin America Third Party Logistics (3PL) Market Size by Country (2017-2022)
- 9.4.2 Latin America Third Party Logistics (3PL) Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
10 Middle East & Africa
- 10.1 Middle East & Africa Third Party Logistics (3PL) Market Size (2017-2028)
- 10.2 Middle East & Africa Third Party Logistics (3PL) Market Size by Type
- 10.2.1 Middle East & Africa Third Party Logistics (3PL) Market Size by Type (2017-2022)
- 10.2.2 Middle East & Africa Third Party Logistics (3PL) Market Size by Type (2023-2028)
- 10.2.3 Middle East & Africa Third Party Logistics (3PL) Market Share by Type (2017-2028)
- 10.3 Middle East & Africa Third Party Logistics (3PL) Market Size by Application
- 10.3.1 Middle East & Africa Third Party Logistics (3PL) Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa Third Party Logistics (3PL) Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa Third Party Logistics (3PL) Market Share by Application (2017-2028)
- 10.4 Middle East & Africa Third Party Logistics (3PL) Market Size by Country
- 10.4.1 Middle East & Africa Third Party Logistics (3PL) Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa Third Party Logistics (3PL) Market Size by Country (2023-2028)
- 10.4.3 Turkey
- 10.4.4 Saudi Arabia
- 10.4.5 UAE
11 Key Players Profiles
- 11.1 AmeriCold Logistics LLC
- 11.1.1 AmeriCold Logistics LLC Company Details
- 11.1.2 AmeriCold Logistics LLC Business Overview
- 11.1.3 AmeriCold Logistics LLC Third Party Logistics (3PL) Introduction
- 11.1.4 AmeriCold Logistics LLC Revenue in Third Party Logistics (3PL) Business (2017-2022)
- 11.1.5 AmeriCold Logistics LLC Recent Developments
- 11.2 DHL Supply Chain
- 11.2.1 DHL Supply Chain Company Details
- 11.2.2 DHL Supply Chain Business Overview
- 11.2.3 DHL Supply Chain Third Party Logistics (3PL) Introduction
- 11.2.4 DHL Supply Chain Revenue in Third Party Logistics (3PL) Business (2017-2022)
- 11.2.5 DHL Supply Chain Recent Developments
- 11.3 FedEx
- 11.3.1 FedEx Company Details
- 11.3.2 FedEx Business Overview
- 11.3.3 FedEx Third Party Logistics (3PL) Introduction
- 11.3.4 FedEx Revenue in Third Party Logistics (3PL) Business (2017-2022)
- 11.3.5 FedEx Recent Developments
- 11.4 Nippon Express Co., Ltd
- 11.4.1 Nippon Express Co., Ltd Company Details
- 11.4.2 Nippon Express Co., Ltd Business Overview
- 11.4.3 Nippon Express Co., Ltd Third Party Logistics (3PL) Introduction
- 11.4.4 Nippon Express Co., Ltd Revenue in Third Party Logistics (3PL) Business (2017-2022)
- 11.4.5 Nippon Express Co., Ltd Recent Developments
- 11.5 UPS Supply Chain Solutions
- 11.5.1 UPS Supply Chain Solutions Company Details
- 11.5.2 UPS Supply Chain Solutions Business Overview
- 11.5.3 UPS Supply Chain Solutions Third Party Logistics (3PL) Introduction
- 11.5.4 UPS Supply Chain Solutions Revenue in Third Party Logistics (3PL) Business (2017-2022)
- 11.5.5 UPS Supply Chain Solutions Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer