AUTOMOTIVE & TRANSPORTATION
Global Third-Party Logistics (3PL) Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Third-party Logistics (3PL) Market, By Service (Dedicated Contract Carriage (DCC), Domestic Transportation Management, International Transportation Management, Warehousing and Transportation, and Others), End User (Technological, Automotive, Retailing, Elements, Food and Beverages, Healthcare, and Others), Mode of Transport (Railways, Roadways, Waterways, and Airways), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global third-party logistics (3PL) market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
Third-party logistics (3PL) refers to the outsourcing of logistics and supply chain functions to a specialized company, known as a third-party logistics provider. These providers offer a wide range of services, including transportation, warehousing, distribution, inventory management, freight forwarding, and order fulfillment.
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Market Dynamics
DRIVERS
- E-commerce growth
- Globalization and trade liberalization
RESTRAINTS
- Capacity constraints
- Competition and consolidation
OPPORTUNITIES
- Last-mile delivery solutions
- Cross-border trade
CHALLENGES
- Supply chain complexity
- Technological disruption
SEGMENTATION
- Service
- Dedicated Contract Carriage (DCC)
- Domestic Transportation Management
- International Transportation Management
- Warehousing and Transportation
- Others
- End User
- Technological
- Automotive
- Retailing
- Elements
- Food and Beverages
- Healthcare
- Others
- Mode of Transport
- Railways
- Roadways
- Waterways
- Airways
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, segments, and key players as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- FedEx Corporation
- DB Schenker Logistics
- A.P Moller - Maersk
- DHL International GmbH
- XPO Logistics Inc.
- United Parcel Service of America
- C.H. Robinson Worldwide, Inc.
- Kuehne+Nagel Inc.
- Geodis
- DSV
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Third-party Logistics (3PL) Market, by Service
- 3.2 Global Third-party Logistics (3PL) Market, by End User
- 3.3 Global Third-party Logistics (3PL) Market, by Mode of Transport
- 3.4 Global Third-party Logistics (3PL) Market, by Geography
- 3.5 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Advanced analytics and predictive insights
- 5.1.2 Customer-centric services
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 E-commerce growth
- 5.2.2 Globalization and trade liberalization
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Capacity constraints
- 5.3.2 Competition and consolidation
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Last-mile delivery solutions
- 5.4.2 Cross-border trade
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Supply chain complexity
- 5.5.2 Technological disruption
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL THIRD-PARTY LOGISTICS (3PL) MARKET, BY SERVICE
- 6.1 Service Summary
- 6.2 Market Attractive Index
- 6.3 Global Third-party Logistics (3PL) Market, by Service (2019-2032)
- SECTION 7 - GLOBAL THIRD-PARTY LOGISTICS (3PL) MARKET, BY END USER
- 7.1 End User Summary
- 7.2 Market Attractive Index
- 7.3 Global Third-party Logistics (3PL) Market, by End User (2019-2032)
- SECTION 8 - GLOBAL THIRD-PARTY LOGISTICS (3PL) MARKET, BY MODE OF TRANSPORT
- 8.1 Mode of Transport Summary
- 8.2 Market Attractive Index
- 8.3 Global Third-party Logistics (3PL) Market, by Mode of Transport (2019-2032)
- SECTION 9 - GLOBAL THIRD-PARTY LOGISTICS (3PL) MARKET, BY GEOGRAPHY
- 9.1 Regional Summary
- 9.2 Market Attractive Index
- 9.3 Global Third-party Logistics (3PL) Market, by Geography (2019-2032)
- SECTION 10 - NORTH AMERICA THIRD-PARTY LOGISTICS (3PL) MARKET
- 10.1 North America Summary
- 10.2 Market Attractive Index
- 10.3 North America Third-party Logistics (3PL) Market, by Service (2019-2032)
- 10.4 North America Third-party Logistics (3PL) Market, by End User (2019-2032)
- 10.5 North America Third-party Logistics (3PL) Market, by Mode of Transport (2019-2032)
- 10.6 North America Third-party Logistics (3PL) Market, by Country (2019-2032)
- 10.6.1 U.S.
- 10.6.2 Canada
- 10.6.3 Mexico
- 10.6.4 Rest of North America
- SECTION 11 - EUROPE THIRD-PARTY LOGISTICS (3PL) MARKET
- 11.1 Europe Summary
- 11.2 Market Attractive Index
- 11.3 Europe Third-party Logistics (3PL) Market, by Service (2019-2032)
- 11.4 Europe Third-party Logistics (3PL) Market, by End User (2019-2032)
- 11.5 Europe Third-party Logistics (3PL) Market, by Mode of Transport (2019-2032)
- 11.6 Europe Third-party Logistics (3PL) Market, by Country (2019-2032)
- 11.6.1 Germany
- 11.6.2 U.K.
- 11.6.3 France
- 11.6.4 Italy
- 11.6.5 Spain
- 11.6.6 Russia
- 11.6.7 The Netherlands
- 11.6.8 Belgium
- 11.6.9 Turkey
- 11.6.10 Rest of Europe
- SECTION 12 - ASIA-PACIFIC THIRD-PARTY LOGISTICS (3PL) MARKET
- 12.1 Asia-Pacific Summary
- 12.2 Market Attractive Index
- 12.3 Asia-Pacific Third-party Logistics (3PL) Market, by Service (2019-2032)
- 12.4 Asia-Pacific Third-party Logistics (3PL) Market, by End User (2019-2032)
- 12.5 Asia-Pacific Third-party Logistics (3PL) Market, by Mode of Transport (2019-2032)
- 12.6 Asia-Pacific Third-party Logistics (3PL) Market, by Country (2019-2032)
- 12.6.1 China
- 12.6.2 India
- 12.6.3 Japan
- 12.6.4 South Korea
- 12.6.5 Singapore
- 12.6.6 Malaysia
- 12.6.7 Australia
- 12.6.8 Thailand
- 12.6.9 Philippines
- 12.6.10 Rest of Asia-Pacific
- SECTION 13 - SOUTH AMERICA THIRD-PARTY LOGISTICS (3PL) MARKET
- 13.1 South America Summary
- 13.2 Market Attractive Index
- 13.3 South America Third-party Logistics (3PL) Market, by Service (2019-2032)
- 13.4 South America Third-party Logistics (3PL) Market, by End User (2019-2032)
- 13.5 South America Third-party Logistics (3PL) Market, by Mode of Transport (2019-2032)
- 13.6 South America Third-party Logistics (3PL) Market, by Country (2019-2032)
- 13.6.1 Brazil
- 13.6.2 Argentina
- 13.6.3 Chile
- 13.6.4 Colombia
- 13.6.5 Rest of South America
- SECTION 14 - MIDDLE EAST AND AFRICA THIRD-PARTY LOGISTICS (3PL) MARKET
- 14.1 Middle East and Africa Summary
- 14.2 Market Attractive Index
- 14.3 Middle East and Africa Third-party Logistics (3PL) Market, by Service (2019-2032)
- 14.4 Middle East and Africa Third-party Logistics (3PL) Market, by End User (2019-2032)
- 14.5 Middle East and Africa Third-party Logistics (3PL) Market, by Mode of Transport (2019-2032)
- 14.6 Middle East and Africa Third-party Logistics (3PL) Market, by Country (2019-2032)
- 14.6.1 Kingdom of Saudi Arabia
- 14.6.2 South Africa
- 14.6.3 U.A.E.
- 14.6.4 Egypt
- 14.6.5 Rest of Middle East and Africa
- SECTION 15 - COMPANY SHARE ANALYSIS
- 15.1 Global Third-party Logistics (3PL) Market, Company Share Analysis
- 15.2 North America Third-party Logistics (3PL) Market, Company Share Analysis
- 15.3 Europe Third-party Logistics (3PL) Market, Company Share Analysis
- 15.4 Asia-Pacific Third-party Logistics (3PL) Market, Company Share Analysis
- SECTION 16 - COMPANY PROFILES
- 16.1 FedEx Corporation
- 16.1.1 Company Snapshot
- 16.1.2 Financial Overview
- 16.1.3 Product Portfolio
- 16.1.4 Recent Developments
- 16.2 DB Schenker Logistics
- 16.2.1 Company Snapshot
- 16.2.2 Financial Overview
- 16.2.3 Product Portfolio
- 16.2.4 Recent Developments
- 16.3 A.P Moller - Maersk
- 16.3.1 Company Snapshot
- 16.3.2 Financial Overview
- 16.3.3 Product Portfolio
- 16.3.4 Recent Developments
- 16.4 DHL International GmbH
- 16.4.1 Company Snapshot
- 16.4.2 Financial Overview
- 16.4.3 Product Portfolio
- 16.4.4 Recent Developments
- 16.5 XPO Logistics Inc.
- 16.5.1 Company Snapshot
- 16.5.2 Financial Overview
- 16.5.3 Product Portfolio
- 16.5.4 Recent Developments
- 16.6 United Parcel Service of America
- 16.6.1 Company Snapshot
- 16.6.2 Financial Overview
- 16.6.3 Product Portfolio
- 16.6.4 Recent Developments
- 16.7 C.H. Robinson Worldwide, Inc.
- 16.7.1 Company Snapshot
- 16.7.2 Financial Overview
- 16.7.3 Product Portfolio
- 16.7.4 Recent Developments
- 16.8 Kuehne+Nagel Inc.
- 16.8.1 Company Snapshot
- 16.8.2 Financial Overview
- 16.8.3 Product Portfolio
- 16.8.4 Recent Developments
- 16.9 Geodis
- 16.9.1 Company Snapshot
- 16.9.2 Financial Overview
- 16.9.3 Product Portfolio
- 16.9.4 Recent Developments
- 16.10 DSV
- 16.10.1 Company Snapshot
- 16.10.2 Financial Overview
- 16.10.3 Product Portfolio
- 16.10.4 Recent Developments
- SECTION 17 - RELATED REPORTS
- SECTION 18 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.