Third Party Logistics Market to Grow at a CAGR of 4.2% to reach US$ 1,329.4 Billion from 2020 to 2027

Third Party Logistics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Mode of Transport (Roadways, Railways, Waterways, and Airways), Services (International Transportation, Warehousing, Domestic Transportation, and Inventory Management), and End User (Automotive, Healthcare, Retail, and Consumer Goods); and Geography

Publication Month: Jul 2020 | Report Code: TIPTE100000695 | No. of Pages: 183 | Category: Automotive and Transportation | Status: Published
Covid

The third party logistics market was valued at US$ 899.4 billion in 2019 and is projected to reach US$ 1,329.4 billion by 2027; it is expected to grow at a CAGR of 4.2% during the forecast period

 

Logistics is the core area of the third party logistics (3PL) firms and their proficiency in this area is always superior to that of the core companies. 3PL firms have the expertise to keep IT systems updated and deliver the logistic services in less time with reduced cost. Additionally,3PL firms can strategize to reduce company’s inventory cost, overall shipping and delivery costs, and can meet the technical requirements. The core companies may not have time or expertise to keep logistic services and systems updated. The companies often face challenges while meeting timely delivery of products during high business growth. Outsourcing logistic function from a third party firms is helpful for the core companies as these firms manage and maintain warehouse, transportation, and other operations efficiently with expertise. 3PL service eliminates the need to invest in technology, warehouse space, transportation, and trained staffs in order to execute the logistics process. Moreover, hiring the third party firms is cost-effective than investing in own logistic operations. Thus, reducing overall operational cost and managing timely delivery are expected to drive the global Third Party Logistics market.

 

Impact of COVID-19 Pandemic on Third party logisticsMarket

 

The impact of COVID-19 varied from country to country across the European region as selected countries witnessed a surge in the number of confirmed cases and subsequently attracted stringent regulations. For instance, countries such as Italy, Russia, and Spain have faced a notable disruption of supply chain activities due to the prolonged lockdown imposed by the government. As a result, the closure of national borders and restricted movement of goods haveaffected the growth of third party logistics market. Moreover, due to COVID-19 pandemic, a large number of small & medium enterprise owners have faced financial difficulty owing to the limited movement of goods across the European region.

 

Lucrative Regions for Third Party Logistics Market

Lucrative Regions for Third Party Logistics Market

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Third Party LogisticsMarket Insights

 

Growing Focus of Manufacturing Companies Towards Reducing Assets and Emphasize on Core Business

The services offered by 3PL firms add substantial value to the manufacturing companies. These firms help various companies to overcome weak points that outcomes in loss of revenue or profits and further help to assure maximal profitability. 3PL companies are specialized in several logistics operations such as network analysis, mode network optimization, warehousing, management of vendor compliance, and other logistic operations. In contrast with this, it is challenging for the core companies to recruit such logistic expertise in inventory management and storage, contract packaging, assembly needs, and shipping, among others  in every business division. Thus, by choosing a 3PL firm, company is basically opting for experts in logistics, which enables the company to devote their time and resources on areas of core competency and actual business instead of using it on managing logistic operations. Moreover, the company doesn’t have to spend on building their own warehouse facility, hire additional labor, and install new technology by opting for 3PL firm.

 

Mode of Transport MarketInsights

In road transport, the vehicles are owned and managed by a third party, the transportation operations are adhered to licensing, insurance, and regulation of vehicles. The vehicle also requires documentation pertaining to maximum permissible weight in terms of gross vehicle weight and payload. In third party logistics, roadways are considered one of the feasible alternative as it ensures rapid and cost-effective transportation. However, this type of transport system is weather sensitive.

 

Third party logistics Market, by Mode of Transport – 2019 and2027

Third party logistics Market, by Mode of Transport – 2019 and2027

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Service-BasedMarket Insights

Third party logistics (3PL) companies offer warehousing of products, fulfilling orders, and freight forwarding. It manages warehousing and shipping of products that allow manufacturing companies to focus on production, marketing, selling their products, and other core activities. Warehousing services also involve order fulfilment such as packing and transportation of inventory. Warehouse is used to store the client’s products until the point of sale and once the order gets confirmed, the products are packed and transferred to the designated customer. Moreover, third party warehousing operations reduces the overall cost, improve operational efficiency, and minimize damage risk. At present, DHL Supply Chain North America, XPO Logistics, Geodis, and DB Schenker are among the companies with high warehouse capacity.

End User-Based Market Insights

3PL providers are becoming essential for retail industries that are trying to gain online and omni-channel strategies. It is becoming vital for the better online order fulfilment. At present, free shipping is gaining significant importance among customers, thus, retailers are selecting 3PL providers to manage their supply chain processes in order to meet customer demands. 3PL’s IT software systems connect well with retail outlets and manage accurate inventory control visibility. It also helps retailers to manage costs and effectively source raw materials and assure timely delivery of their products in the market. Moreover, 3PL providers offer warehousing, supply chain management, consolidation service, and order fulfilmentsthat are difficult for retailers to manage with in-house logistic services.

 

Strategic Insights

The players in the third party logistics market focus on market initiative strategies to maintain their positions in the market. A few developmentsby key players are listed below:

 

In 2019,UPS Worldwide Express develop to assist businesses to deliver crucial goods in emerging markets. The service is extended in 57 countries including South Korea, Pakistan, and Brazil

 

In 2018, GEODIS signed a contract with Biosystems S.A, a pharma and healthcare centric industry, to provide lab instruments and temperature-controlled reagents in around 35 countries globally. Through this contract, GEODIS uses its vast global network to conduct customs activities.

 

Third Party Logistics Market –By Mode of Transport

  • Roadways
  • Railways
  • Waterways
  • Airways


Third Party Logistics Market –By Services

  • International Transportation
  • Warehousing
  • Domestic Transportation
  • Inventory Management
  • Others


Third Party Logistics Market –By EndUser

  • Automotive
  • Healthcare
  • Retail
  • Consumer Goods
  • Others


Third Party Logistics Market – by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • U.A.E.
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM


CompanyProfiles

  • Deutsche Post AG
  • KUEHNE + NAGEL International AG
  • Nippon Express Co., Ltd
  • DB Schenker (Deutsche Bahn AG)
  • C.H. Robinson Worldwide, Inc
  • DSV A/S
  • XPO Logistics, Inc
  • Sinotrans Co., Ltd.
  • GEODIS
  • UPS Supply Chain Solutions (United Parcel Service, Inc.)

 

1.             Introduction

1.1       Scope Of The Study

1.2       The Insight Partners Research Reports Guidance

2.             Global Party Logistics Market - Key Takeaways

3.             Third Party Logistics Market Landscape

3.1       Market Overview

3.2       Market Segmentation

3.2.1        Global Third Party Logistics Market – By Mode of Transport

3.2.2        Global Third Party Logistics Market – By Services

3.2.3        Global Third Party Logistics Market – By End User

3.2.4        Global Third Party Logistics Market – By Geography

3.3       PEST Analysis

3.3.1        North America PEST Analysis

3.3.2        Europe PEST Analysis

3.3.3        Asia Pacific PEST Analysis

3.3.4        Middle East & Africa PEST Analysis

3.3.5        South America PEST Analysis

4.             Third Party Logistics Market – Key Industry Dynamics

4.1       Key Market Drivers

4.1.1        Rise in demand for reducing overall operational cost and focus on managing timely delivery

4.1.2        Inclination of manufacturing companies on reducing assets and emphasize on core business

4.1.3        Benefits in managing seasonal variations of products

4.2       Key Market Restraints

4.2.1        Lesser control of manufacturer on logistics service and delivery processes

4.3       Key Market Opportunities

4.3.1        Increase in adoption of e-commerce in retail sector

4.4       Future Trends

4.4.1        Implementation of several software solutions

4.5       Impact Analysis Of Drivers And Restraints

5.             Third Party Logistics Market – Global Market Analysis

5.1       Third Party Logistics Market – Global Market Overview

5.2       Third Party Logistics Market – Global Market And Forecast To 2027

6.             Third Party Logistics Market Revenue And Forecasts To 2027 – Mode Of Transport

6.1       Overview

6.2       Mode Of Transport Market Forecasts And Analysis

6.3       Roadways

6.3.1        Overview

6.3.2        Roadways third party logistics market forecasts and analysis

6.4       Railways

6.4.1        Overview

6.4.2        Railways third party logistic market forecasts and analysis

6.5       Waterways

6.5.1        Overview

6.5.2        Waterways third party logistics market forecasts and analysis

6.6       Airways

6.6.1        Overview

6.6.2        Airways third party logistics market forecasts and analysis

7.             Third Party Logistics Market Revenue And Forecasts To 2027 – By Service

7.1       Overview

7.2       Service Market Forecasts And Analysis

7.3       International Transportation

7.3.1        Overview

7.3.2        International transportation market forecasts and analysis

7.4       Warehousing

7.4.1        Overview

7.4.2        Warehousing market forecasts and analysis

7.5       Domestic Transportation

7.5.1        Overview

7.5.2        Domestic transportation market forecasts and analysis

7.6       Inventory Management

7.6.1        Overview

7.6.2        Inventory management market forecasts and analysis

7.7       Others

7.7.1        Overview

7.7.2        Others market forecasts and analysis

8.             Third Party Logistics Market Revenue And Forecasts To 2027 – By End-User

8.1       Overview

8.2       End-User Market Forecasts And Analysis

8.3       Automotive

8.3.1        Overview

8.3.2        Automotive market forecasts and analysis

8.4       Healthcare

8.4.1        Overview

8.4.2        Healthcare market forecasts and analysis

8.5       Retail

8.5.1        Overview

8.5.2        Retail market forecasts and analysis

8.6       Consumer Goods

8.6.1        Overview

8.6.2        Consumer goods market forecasts and analysis

8.7       Others

8.7.1        Overview

8.7.2        Others market forecasts and analysis

9.             Global Third Party Logistics – Geographical Analysis

9.1       Overview

9.2       North America Third Party Logistics Market Revenue And Forecasts To 2027

9.2.1        Overview

9.2.2        North America Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.2.3        North America Third Party Logistics Market Breakdown by Key Countries

9.2.3.1      U.S. Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.2.3.1.1       United states: Third Party Logistics Market, by Transport

9.2.3.1.1.1           United states: Third Party Logistics Market, by Services

9.2.3.1.1.2           United states: Third Party Logistics Market, by End-User

9.2.3.1.1.3           United states: Third Party Logistics Market, by Customer

9.2.3.2      Canada Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.2.3.2.1       Canada: Third Party Logistics Market, by Transport

9.2.3.2.1.1           Canada: Third Party Logistics Market, by Services

9.2.3.2.1.2           Canada: Third Party Logistics Market, by End-User

9.2.3.2.1.3           Canada: Third Party Logistics Market, by Customer

9.2.3.3      Mexico Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.2.3.3.1.1           Mexico: Third Party Logistics Market, by Services

9.2.3.3.1.2           Mexico: Third Party Logistics Market, by End-User

9.2.3.3.1.3           Mexico: Third Party Logistics Market, by Customer

9.2.4        North America Third Party Logistics Market Breakdown, by Mode of Transport

9.2.5        North America Third Party Logistics Market Breakdown, by Services

9.2.6        North America Third Party Logistics Market Breakdown, by End User

9.3       Europe Third Party Logistics Market Revenue And Forecasts To 2027

9.3.1        Overview

9.3.2        Europe Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3        Europe Third Party Logistics Market Breakdown by Key Countries

9.3.3.1      France Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3.1.1       France: Third Party Logistics Market, by Transport

9.3.3.1.1.1           France: Third Party Logistics Market, by Services

9.3.3.1.1.2           France: Third Party Logistics Market, by End-User

9.3.3.1.1.3           France: Third Party Logistics Market, by Customer

9.3.3.2      Germany Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3.2.1       Germany: Third Party Logistics Market, by Transport

9.3.3.2.1.1           Germany: Third Party Logistics Market, by Services

9.3.3.2.1.2           Germany: Third Party Logistics Market, by End-User

9.3.3.2.1.3           Germany: Third Party Logistics Market, by Customer

9.3.3.3      Italy Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3.3.1       Italy: Third Party Logistics Market, by Transport

9.3.3.3.1.1           Italy: Third Party Logistics Market, by Services

9.3.3.3.1.2           Italy: Third Party Logistics Market, by End-User

9.3.3.3.1.3           Italy: Third Party Logistics Market, by Customer

9.3.3.4      United Kingdom Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3.4.1       United Kingdom: Third Party Logistics Market, by Transport

9.3.3.4.1.1           United Kingdom: Third Party Logistics Market, by Services

9.3.3.4.1.2           United Kingdom: Third Party Logistics Market, by End-User

9.3.3.4.1.3           United Kingdom: Third Party Logistics Market, by Customer

9.3.3.5      Russia Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3.5.1       Russia: Third Party Logistics Market, by Transport

9.3.3.5.1.1           Russia: Third Party Logistics Market, by Services

9.3.3.5.1.2           Russia: Third Party Logistics Market, by End-User

9.3.3.5.1.3           Russia: Third Party Logistics Market, by Customer

9.3.3.6      Rest of Europe Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.3.3.6.1       Rest of Europe: Third Party Logistics Market, by Transport

9.3.3.6.1.1           Rest of Europe: Third Party Logistics Market, by Services

9.3.3.6.1.2           Rest of Europe: Third Party Logistics Market, by End-User

9.3.3.6.1.3           Rest of Europe: Third Party Logistics Market, by Customer

9.3.4        Europe Third Party Logistics Market Breakdown, by Mode of Transport

9.3.5        Europe Third party logistics Market Breakdown, by Services

9.3.6        Europe Third Party Logistics Market Breakdown, by End User

9.4       Asia Pacific (APAC) Third Party Logistics Market Revenue And Forecasts To 2027

9.4.1        Overview

9.4.2        Asia Pacific Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.4.3        Asia Pacific Third Party Logistics Market Breakdown by Key Countries

9.4.3.1      Australia Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.4.3.1.1       Australia: Third Party Logistics Market, by Transport

9.4.3.1.1.1           Australia: Third Party Logistics Market, by Services

9.4.3.1.1.2           Australia: Third Party Logistics Market, by End-User

9.4.3.1.1.3           Australia: Third Party Logistics Market, by Customer

9.4.3.2      China Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.4.3.2.1       China: Third Party Logistics Market, by Transport

9.4.3.2.1.1           China: Third Party Logistics Market, by Services

9.4.3.2.1.2           China: Third Party Logistics Market, by End-User

9.4.3.2.1.3           China: Third Party Logistics Market, by Customer

9.4.3.3      India Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.4.3.3.1       India: Third Party Logistics Market, by Transport

9.4.3.3.1.1           India: Third Party Logistics Market, by Services

9.4.3.3.1.2           India: Third Party Logistics Market, by End-User

9.4.3.3.1.3           India: Third Party Logistics Market, by Customer

9.4.3.4      Japan Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.4.3.4.1       Japan: Third Party Logistics Market, by Transport

9.4.3.4.1.1           Japan: Third Party Logistics Market, by Services

9.4.3.4.1.2           Japan: Third Party Logistics Market, by End-User

9.4.3.4.1.3           Japan: Third Party Logistics Market, by Customer

9.4.3.5      Rest of APAC Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.4.3.5.1       Rest of APAC: Third Party Logistics Market, by Transport

9.4.3.5.1.1           Rest of APAC: Third Party Logistics Market, by Services

9.4.3.5.1.2           Rest of APAC: Third Party Logistics Market, by End-User

9.4.3.5.1.3           Rest of APAC: Third Party Logistics Market, by Customer

9.4.4        Asia-Pacific Third party logistics Market Breakdown, by Mode of Transport

9.4.5        Asia-Pacific Third Party Logistics Market Breakdown, by Services

9.4.6        Asia-Pacific Third Party Logistics Market Breakdown, by End User

9.5       Middle East & Africa (MEA) Third Party Logistics Market Revenue And Forecasts To 2027

9.5.1        Overview

9.5.2        Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.5.3        Middle East & Africa Third Party Logistics Market Breakdown by Key Countries

9.5.3.1      South Africa Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.5.3.2      Saudi Arabia Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.5.3.3      UAE Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.5.3.4      Rest of MEA Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.5.4        Middle East & Africa Third Party Logistics Market Breakdown, by Mode of Transport

9.5.5        Middle East & Africa Third Party Logistics Market Breakdown, by Services

9.5.6        Middle East & Africa Third Party Logistics Market Breakdown, by End User

9.6       South AMERICA (Sam) Third Party Logistics Market Revenue And Forecasts To 2027

9.6.1        Overview

9.6.2        South America Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.6.3        South America Third Party Logistics Market Breakdown by Key Countries

9.6.3.1      Brazil Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.6.3.1.1       Brazil s: Third Party Logistics Market, by Transport

9.6.3.1.1.1           Brazil: Third Party Logistics Market, by Services

9.6.3.1.1.2           Brazil: Third Party Logistics Market, by End-User

9.6.3.1.1.3           Brazil: Third Party Logistics Market, by Customer

9.6.3.2      Argentina Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.6.3.2.1       Argentina: Third Party Logistics Market, by Transport

9.6.3.2.1.1           Argentina: Third Party Logistics Market, by Services

9.6.3.2.1.2           Argentina: Third Party Logistics Market, by End-User

9.6.3.2.1.3           Argentina: Third Party Logistics Market, by Customer

9.6.3.3      Rest of South America Third Party Logistics Market Revenue and Forecasts to 2027 (US$ Billion)

9.6.3.3.1.1           Rest of South America: Third Party Logistics Market, by Services

9.6.3.3.1.2           Rest of South America: Third Party Logistics Market, by End-User

9.6.3.3.1.3           Rest of South America: Third Party Logistics Market, by Customer

9.6.4        South America Third Party Logistics Market Breakdown, by Mode of Transport

9.6.5        South America Third Party Logistics Market Breakdown, by Services

9.6.6        South America Third Party Logistics Market Breakdown, by End User

10.          Industry Landscape

10.1    Merger & Acquisitions

10.2    Market Initiatives

10.3    New Developments

11.          Competitive Landscape

11.1    Competitive Product Mapping

11.2    Market Positioning – Global Top 5 Players Ranking

12.          Industry Landscape

12.1    Market Initiative

13.          Global Third Party Logistics Market- Key Company Profiles

13.1    Sinotrans Limited

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Financial Overview

13.1.4     SWOT Analysis

13.1.5     Key Developments

13.2    Db Group

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Financial Overview

13.2.4     SWOT Analysis

13.2.5     Key Developments

13.3    Deutsche Post Ag

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Financial Overview

13.3.4     SWOT Analysis

13.3.5     Key Developments

13.4    Geodis

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Financial Overview

13.4.4     SWOT Analysis

13.4.5     Key Developments

13.5    United Parcel Service, Inc. (Ups)

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Financial Overview

13.5.4     SWOT Analysis

13.5.5     Key Developments

13.6    XPO Logistics, Inc.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Financial Overview

13.6.4     SWOT Analysis

13.6.5     Key Developments

13.7    Kuehne + Nagel International Ag

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Financial Overview

13.7.4     SWOT Analysis

13.7.5     Key Developments

13.8    C.H. Robinson Worldwide, Inc.

13.8.1     Key Facts

13.8.2     1.1.2 Business Description

13.8.3     Financial Overview

13.8.4     SWOT Analysis

13.8.5     Key Developments

13.9    Dsv A/S

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Financial Overview

13.9.4     SWOT Analysis

13.9.5     Key Developments

13.10 Nippon Express Co., Ltd.

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Financial Overview

13.10.4   SWOT Analysis

13.10.5   Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2    Glossary

14.3    Methodology

14.3.1     Coverage

14.3.2     Secondary Research

14.3.3     Primary Research


LIST OF TABLES

Table 1.             Global Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Table 2.             Global Third Party Logistics Market Revenue And Forecasts To 2027, By Geography (US$ Billion)

Table 3.             Global Third Party Logistics Market Revenue And Forecasts To 2027, By Geography (US$ Billion)

Table 4.             United States: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 5.             United States: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 6.             United States: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 7.             United States: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 8.             Canada: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 9.             Canada: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 10.          Canada: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 11.          Canada: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 12.          Mexico: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 13.          Mexico: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 14.          Mexico: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 15.          Mexico: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 16.          North America Third Party Logistics Market Revenue And Forecasts To 2027 – By Mode Of Transport (US$ Billion)

Table 17.          North America Third Party Logistics Market Revenue And Forecasts To 2027 – By Services (US$ Billion)

Table 18.          North America Third Party Logistics Market Revenue And Forecasts To 2027 – By End User (US$ Billion)

Table 19.          France: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 20.          France: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 21.          France: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 22.          France: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 23.          Germany: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 24.          Germany: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 25.          Germany: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 26.          Germany: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 27.          Italy: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 28.          Italy: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 29.          Italy: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 30.          Italy: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 31.          United Kingdom: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 32.          United Kingdom: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 33.          United Kingdom: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 34.          United Kingdom: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 35.          Russia: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 36.          Russia: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 37.          Russia: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 38.          Russia: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 39.          Rest Of Europe: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 40.          Rest Of Europe: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 41.          Rest Of Europe: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 42.          Rest Of Europe: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 43.          Europe Third Party Logistics Market Revenue And Forecasts To 2027 – By Mode Of Transport (US$ Billion)

Table 44.          Europe Third Party Logistics Market Revenue And Forecasts To 2027 – By Services (US$ Billion)

Table 45.          Europe Third Party Logistics Market Revenue And Forecasts To 2027 – By End User (US$ Billion)

Table 46.          Australia: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 47.          Australia: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 48.          Australia: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 49.          Australia: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 50.          China: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 51.          China: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 52.          China: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 53.          China: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 54.          India: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 55.          India: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 56.          India: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 57.          India: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 58.          Japan: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 59.          Japan: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 60.          Japan: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 61.          Japan: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 62.          Rest Of APAC: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 63.          Rest Of APAC: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 64.          Rest Of APAC: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 65.          Rest Of APAC: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 66.          Asia-Pacific Third Party Logistics Market Revenue And Forecasts To 2027 – By Mode Of Transport (US$ Billion)

Table 67.          Asia-Pacific Third Party Logistics Market Revenue And Forecasts To 2027 – By Services (US$ Billion)

Table 68.          Asia-Pacific Third Party Logistics Market Revenue And Forecasts To 2027 – By End User (US$ Billion)

Table 69.          Middle East And Africa Third Party Logistics Market Revenue And Forecasts To 2027 – By Mode Of Transport (US$ Billion)

Table 70.          Middle East And Africa Third Party Logistics Market Revenue And Forecasts To 2027 – By Services (US$ Billion)

Table 71.          Middle East And Africa Third Party Logistics Market Revenue And Forecasts To 2027 – By End User (US$ Billion)

Table 72.          Brazil: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 73.          Brazil: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 74.          Brazil: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 75.          Brazil: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 76.          Argentina: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027 (US$ Million)

Table 77.          Argentina: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 78.          Argentina: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 79.          Argentina: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 80.          Rest Of South America: Third Party Logistics Market, By Transport –Revenue And Forecast To 2027  (US$ Million)

Table 81.          Rest Of South America: Third Party Logistics Market, By Services –Revenue And Forecast To 2027 (US$ Million)

Table 82.          Rest Of South America: Third Party Logistics Market, By End-User –Revenue And Forecast To 2027 (US$ Billion)

Table 83.          Rest Of South America: Third Party Logistics Market, By Customer –Revenue And Forecast To 2027 (US$ Billion)

Table 84.          South America Third Party Logistics Market Revenue And Forecasts To 2027 – By Mode Of Transport (US$ Billion)

Table 85.          South America Third Party Logistics Market Revenue And Forecasts To 2027 – By Services (US$ Billion)

Table 86.          South America Third Party Logistics Market Revenue And Forecasts To 2027 – By End User (US$ Billion)

Table 87.          Glossary of Terms, Third Party Logistics Market

 


LIST OF FIGURES

Figure 1.           Global Third Party Logistics Market

Figure 2.           China Led The Third Party Logistics Market In Asia Pacific

Figure 3.           Roadways Dominated The Asia Pacific Third Party Logistics Market By Transport

Figure 4.           Domestic Transportation Dominated The Asia Pacific Third Party Logistics Market By Services

Figure 5.           Retail Sector Dominated The Asia Pacific Third Party Logistics Market By End-User

Figure 6.           Large Enterprises Dominated The Asia Pacific Third Party Logistics Market By Customer

Figure 7.           Third Party Logistics Market Segmentation

Figure 8.           Third Party Logistics Market By Region

Figure 9.           North America PEST Analysis

Figure 10.        Europe PEST Analysis

Figure 11.        Asia Pacific PEST Analysis

Figure 12.        Middle East & Africa PEST Analysis

Figure 13.        South America PEST Analysis

Figure 14.        Third Party Logistics Market Impact Analysis Of Driver And Restraints

Figure 15.        Global Third Party Logistics Market Breakdown By Mode Of Transport, 2019 & 2027 (%)

Figure 16.        Global Roadways Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 17.        Global Railway Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 18.        Global Waterways Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 19.        Global Airways Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 20.        Global Third Party Logistics Market Breakdown By Service, By Revenue, 2019 & 2027 (%)

Figure 21.        Global International Transportation Market Breakdown, 2016 & 2025 ($Billion)

Figure 22.        Global Warehousing Market Breakdown, 2016 & 2025 ($Billion)

Figure 23.        Global Domestic Transportation Market Breakdown, 2016 & 2025 ($Billion)

Figure 24.        Global Inventory Management Market Breakdown, 2016 & 2025 ($Billion)

Figure 25.        Global Others Market Breakdown, 2016 & 2025 ($Billion)

Figure 26.        Global Third Party Logistics Market Breakdown By End User, By Revenue, 2019 & 2027 (%)

Figure 27.        Global Automotive 3pl Market Breakdown, 2016 & 2025 ($Billion)

Figure 28.        Global Healthcare 3pl Market Breakdown, 2016 & 2025 ($Billion)

Figure 29.        Global Retail 3pl Market Breakdown, 2016 & 2025 ($Billion)

Figure 30.        Global Consumer Goods 3pl Market Breakdown, 2016 & 2025 ($Billion)

Figure 31.        Global Other Market Breakdown, 2016 & 2025 ($Billion)

Figure 32.        Global Third Party Logistics Market, Global Breakdown By Regions, 2019 & 2027 (%)

Figure 33.        North America Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 34.        North America Third Party Logistics Market Breakdown By Key Countries, 2019 & 2027 (%)

Figure 35.        United States Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 36.        Canada Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 37.        North America Third Party Logistics Market Breakdown By Mode Of Transport, 2019 & 2027 (%)

Figure 38.        North America Third Party Logistics Market Breakdown By Services, 2019 & 2027 (%)

Figure 39.        North America Third Party Logistics Market Breakdown By End User, 2019 & 2027 (%)

Figure 40.        Europe Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 41.        Europe Third Party Logistics Market Breakdown By Key Countries, 2019 & 2027 (%)

Figure 42.        France Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 43.        Germany Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 44.        Italy Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 45.        United Kingdom Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 46.        Russia Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 47.        Rest Of Europe Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 48.        Europe Third Party Logistics Market Breakdown, By Mode Of Transport, 2019 & 2027 (%)

Figure 49.        Europe Third Party Logistics Market Breakdown By Services, 2019 & 2027 (%)

Figure 50.        Europe Third Party Logistics Market Breakdown By End User, 2019 & 2027 (%)

Figure 51.        ASIA Pacific Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 52.        Asia Pacific Third Party Logistics Market Breakdown By Key Countries, 2019 & 2027 (%)

Figure 53.        Australia Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 54.        China Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 55.        India Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 56.        Japan Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 57.        Rest Of APAC Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 58.        Asia-Pacific Third Party Logistics Market Breakdown By Mode Of Transport, 2019 & 2027 (%)

Figure 59.        Asia-Pacific Third Party Logistics Market Breakdown By Services, 2019 & 2027 (%)

Figure 60.        Asia-Pacific Third Party Logistics Market Breakdown By End User, 2019 & 2027 (%)

Figure 61.        Middle East & Africa Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 62.        Middle East & Africa Third Party Logistics Market Breakdown By Key Countries, 2019 & 2027 (%)

Figure 63.        South Africa Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 64.        Saudi Arabia Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 65.        UAE Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 66.        Rest Of MEA Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 67.        Middle East & Africa Third Party Logistics Market Breakdown By Mode Of Transport, 2019 & 2027 (%)

Figure 68.        Middle East & Africa Third Party Logistics Market Breakdown By Services, 2019 & 2027 (%)

Figure 69.        Middle East & Africa Third Party Logistics Market Breakdown By End User, 2019 & 2027 (%)

Figure 70.        South America Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 71.        South America Third Party Logistics Market Breakdown By Key Countries, 2019 & 2027 (%)

Figure 72.        Brazil Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 73.        Argentina Third Party Logistics Market Revenue And Forecasts To 2027 (US$ Billion)

Figure 74.        South America Third Party Logistics Market Breakdown By Mode Of Transport, 2019 & 2027 (%)

Figure 75.        South America Third Party Logistics Market Breakdown By Services, 2019 & 2027 (%)

Figure 76.        South America Third Party Logistics Market Breakdown By End User, 2019 & 2027 (%)

Figure 77.        Global Top 5 Players

The List of Companies - Third Party Logistics Market

  1. SINOTRANS Limited
  2. DB Group
  3. Deutsche Post Ag
  4. Geodis
  5. United Parcel Service, Inc. (Ups)
  6. XPO Logistics, Inc.
  7. Kuehne + Nagel International AG
  8. C.H. Robinson Worldwide, Inc
  9. DSV A/S
  10. Nippon Express Co., Ltd

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Third Party Logisticsmarket, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to mode of transport, end-user, service, organization size, and end-users.
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Frequently Asked Questions

In 2019, Asia-Pacific dominated the global third party logistics market with more than one-third of the market share surpassing Europe with France and Japan being the leading countries in this region. This growth in demand for 3PL in this region is attributed to robust economic growth along with growing retail enactment owing to the rising disposable income. Moreover, foreign manufacturers select Asian countries as their production locations due to the availability of cheaper labor.

Logistics is the core area of the third party logistics (3PL) firms and their proficiency in this areas is always superior to that of the core companies. 3PL firms have the expertise to keep IT systems updated and deliver the logistic services more time & cost effectively along with this they own the ability to meet the technical requirements. Moreover, 3PL firms also help to reduce inventory cost and can strategize to reduce a company’s overall shipping & delivery costs as well. The core companies may not have that time or expertise to keep logistic services and systems updated. The company often face challenges meeting timely delivery of products during high business growth. Outsourcing logistic function from a third party is helpful for core companies as these firms manage and maintain warehouse, transportation, and other operations with more efficiently with expertise. Also, 3PL eliminates the need to invest in technology, warehouse space, transportation, a trained staff in order to execute the logistics process. Additionally, hiring the third party firms is more cost-effective than investing in own logistic operations. Thus, reducing overall operational cost and managing timely delivery are expected to drive the market for third party logistics.

Transportation is an integral part of the logistic operations and a significant contributor to the logistic expenses. Each of the globally recognized company has their own supply chain and third party logistic (3PL) needs. Domestic 3PL provides their clients with the similar quality of services that internationally located 3PL companies’ offers to their clients. The technological advancement in 3PL system allow to deliver superior services to the clients irrespective of international or domestic.

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