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Third Party Logistics (3PL) - Global Strategic Business Report

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    Report

  • 1344 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2255360
The global market for Third Party Logistics (3PL) is estimated at US$1.1 Trillion in 2023 and is projected to reach US$1.9 Trillion by 2030, growing at a CAGR of 8.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the 3PL market is driven by several factors, including technological innovations, globalization of supply chains, and changing consumer expectations. Technological advancements, such as the implementation of artificial intelligence, machine learning, and the Internet of Things (IoT), have transformed logistics operations, enabling 3PL providers to offer more efficient, accurate, and personalized services. The globalization of supply chains has compelled companies to seek 3PL partners that can navigate international logistics complexities, including compliance with diverse regulatory environments and managing logistics in varying market conditions. Moreover, consumer expectations for rapid delivery and real-time tracking have pressured companies to rely on 3PL providers that can incorporate advanced technology into their logistics operations to deliver a seamless and transparent customer experience. These drivers ensure that 3PL services remain crucial for businesses aiming to maintain competitive advantage in a fast-evolving marketplace.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Roadways Transport Type segment, which is expected to reach US$1.0 Trillion by 2030 with a CAGR of a 8.0%. The Railways Transport Type segment is also set to grow at 8.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $254.7 Billion in 2023, and China, forecasted to grow at an impressive 10.3% CAGR to reach $488.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Third Party Logistics (3PL) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Third Party Logistics (3PL) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Third Party Logistics (3PL) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as 24/7 Express Logistics, Inc., 3GTMS, Inc., Allcargo Logistics Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 477 Featured):

  • 24/7 Express Logistics, Inc.
  • 3GTMS, Inc.
  • Allcargo Logistics Ltd.
  • Allen Lund Company
  • American Global Logistics LLC
  • Americold
  • APL Logistics Ltd.
  • Arshiya Ltd.
  • Anderson Trucking Service, Inc.
  • Barloworld Logistics
  • Atlanta Bonded Warehouse Corporation
  • Atlas Logistics
  • Automated Logistics Systems, Inc.
  • Ascent Global Logistics
  • Agility Public Warehousing Company KSCP

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • A Prelude to Supply Chain Management
  • Concept of Logistics
  • Transportation Modes in Logistics
  • Different Fields of Logistics
  • Third Party Logistics (3PL): A Conceptual Definition
  • 3PL Market: Services Overview
  • Advantages and Drawbacks of 3PL
  • Types of 3PL Providers
  • Categories of 3PL Providers
  • 3PL Service Segments
  • Fourth Party Logistics (4PL): An Overview
  • Fifth Party Logistic (5PL)
  • Third Party Logistics (3PL): A Brief Industry Overview
  • Complexity in Supply Chain Management Builds Fertile Environment for 3PL
  • Increasing Outsourcing of Logistics Operations Helps 3PL Market to Progress at Impressive Rate
  • The Rising Tide of B2B & B2C eCommerce Lifts One Boat Higher than the Others Third Party Logistics (3PL)
  • Global B2C & B2B Market for 2018-2024 (In US$ Billion)
  • Key Benefits Offered Drive Wider Adoption of 3PL
  • Access to Established Resource Network
  • Benefit from Proven Industry Expertise
  • Supply Chain Scalability & Flexibility
  • Better Cargo Turnover & Superior Distribution Efficiency
  • Better Inventory Management & Reduced Inventory
  • Cost Benefits
  • Focus on Core Business Operations
  • Domestic Transportation Management (DTM) Leads Service Segment
  • Roadways Remains Primary Transportation Mode
  • Manufacturing Commands Major Value Share of 3PL Market
  • Developing Regions Drive Future Growth of 3PL Market
  • Asia Pacific (incl. China) Remains Leading Revenue Contributor
  • Third Party Logistics (3PL) - Global Key Competitors Percentage Market Share in 2024 (E)
  • 3PL Providers Exploit Advanced Technology for Efficient Warehousing
  • M&A Activity Gathers Steam
  • Recent Market Activity
  • Globally Leading 3PL Providers: Customer Vertical and No. of Customer Relationships
  • US 3PL Competitor Revenue Share (in %): 2020E
  • Select Global Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Manufacturing Sector: Driving Force behind 3PL Market Growth
  • 3PL Assumes Critical Importance in Manufacturing Domain
  • Expanding Retail Industry Generates Significant Opportunities
  • Select Leading Retail Enterprises by Country: A Snapshot
  • eCommerce Emerge as New Growth Driver
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023
  • Global E-Commerce Market as a % of Retail Sales for the Period 2017-2023
  • E-commerce Challenges for 3PLs
  • Omni Channel Retailing Underpins Volume Growth for 3PL Services
  • Global Retail Omni-Channel Commerce Platform Market in US$ Million by Region/Country: 2019 & 2025
  • Automotive Logistics: A Lucrative End-Use Vertical
  • Transportation Services Drive Momentum
  • Procurement Logistics Resolve Inbound Transportation Needs
  • Distribution Logistics Simplify Outbound Movement of Products
  • Production Logistics for Diverse Logistics Needs of Modern Production Lines
  • Value Added Services Widen the Scope & Span of 3PL Market
  • Reverse Logistics: A High-Utility Value-Added Service
  • Multi Modal Transportation Finds Favor
  • Key Drivers of the 3PL Market
  • Globalization and Rising Trade
  • Expansion of eCommerce Industry
  • Increasing Focus on Core Competencies
  • Focus on Embracing Advanced Technology
  • Market Restraints
  • Lack of Manufacturer Control on Logistics Service
  • Manufacturer Reputation at Stake
  • 3PL Providers Invest in IT Capabilities to Differentiate from Competition
  • Key Opportunities for Warehouse Operators to Leverage Technology
  • Warehouse Expansion vis-a-vis Labor Shortage
  • Mounting Pressure to Push Bottom Lines
  • eCommerce & Omni Channel Opportunity
  • Improving Customer Experience
  • Intense Competition from Amazon
  • Technology Tools Seek Wider Role in 3PL Domain
  • TMS Makes Its Way into 3PL Domain
  • WMS Gaining Traction in Warehouse Management
  • Cloud Technology Seeks to Expand Share in 3PL Technology Mix
  • BI Systems Take Center Stage
  • Big Data Emerges as New Focus Area
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for DTM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for DTM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for DTM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for ITM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for ITM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for ITM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for DCC/FF by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for DCC/FF by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for DCC/FF by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for W&D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for W&D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for W&D by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for VALs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for VALs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for VALs by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Roadways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Roadways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Roadways by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Railways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Railways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Railways by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Waterways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Waterways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Waterways by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Airways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Airways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Airways by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 35: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 36: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 38: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 39: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 40: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 41: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 42: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 43: World Third Party Logistics (3PL) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 44: World Recent Past, Current & Future Analysis for Third Party Logistics (3PL) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 45: World Historic Review for Third Party Logistics (3PL) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: World 16-Year Perspective for Third Party Logistics (3PL) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
CANADA
JAPAN
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Chinese Logistics Scenario: A Brief Overview
  • 3PL Market in China Evolves Over the Years
  • eCommerce Instigates High Potential Opportunities
  • Factors Responsible for Tightening of Airfreight, Thus Impacting 3Pl Logistics Market
EUROPE
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Europe Remains a Key Market for 3PL
  • COVID-19 Crisis Impacts European 3PL Logistics Market
FRANCE
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
AUSTRALIA
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
  • Competitive Scenario
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINA
BRAZIL
  • Brazil: Important Market in Latin America
MEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Third Party Logistics (3PL) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • 24/7 Express Logistics, Inc.
  • 3GTMS, Inc.
  • Allcargo Logistics Ltd.
  • Allen Lund Company
  • American Global Logistics LLC
  • Americold
  • APL Logistics Ltd.
  • Arshiya Ltd.
  • Anderson Trucking Service, Inc.
  • Barloworld Logistics
  • Atlanta Bonded Warehouse Corporation
  • Atlas Logistics
  • Automated Logistics Systems, Inc.
  • Ascent Global Logistics
  • Agility Public Warehousing Company KSCP

Table Information