Third-party logistics (3PL) is a business arrangement in which companies outsource their logistics operations to a specialized service provider that offers customized on-demand transportation, warehousing, distribution, and freight and forwarding services.
Increasing advancements in e-commerce across the retail sector is expected to drive the growth prospects for the global 3PL market in the forthcoming years. Some of the major factors responsible for the expansion of the e-commerce sector includes the increased adoption of the Internet and mobile services. Also, it has been observed that elements such as efficient inventory management and quick delivery are important for the operational success of this sector. As a result, the demand for efficient delivery systems, inventory management, small package deliveries, individualized shipping time, and freight forwarding are increasing, driving the third-party logistics market size.
APAC accounts for the maximum market share in 2017 and is estimated to continue to dominate the market for the next few years. Some of the major factors responsible for the market’s growth in the region is the increasing outsourcing of logistics services and an increase in imports and exports across key countries. Also, the strong demand for 3PL services in APAC is due to factors like economic growth and globalization that requires manufacturers to import and export raw materials and finished goods on a global level.
In 2018, the global Third Party Logistics market size was 67700 million US$ and it is expected to reach 106300 million US$ by the end of 2025, with a CAGR of 5.8% during 2019-2025.
This report focuses on the global Third Party Logistics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Third Party Logistics development in United States, Europe and China.
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The key players covered in this study
AmeriCold Logistics
DHL Supply Chain
FedEx
Nippon Express
UPS Supply Chain Solutions
…
Market segment by Type, the product can be split into
DCC
DTM
ITM
Logistics Software
Market segment by Application, split into
Manufacturing
Consumer Goods
Retail
Automotive
Food and Beverage
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Third Party Logistics Market Size Growth Rate by Type (2014-2025)
1.4.2 DCC
1.4.3 DTM
1.4.4 ITM
1.4.5 Logistics Software
1.5 Market by Application
1.5.1 Global Third Party Logistics Market Share by Application (2014-2025)
1.5.2 Manufacturing
1.5.3 Consumer Goods
1.5.4 Retail
1.5.5 Automotive
1.5.6 Food and Beverage
1.5.7 Others
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Third Party Logistics Market Size
2.2 Third Party Logistics Growth Trends by Regions
2.2.1 Third Party Logistics Market Size by Regions (2014-2025)
2.2.2 Third Party Logistics Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Third Party Logistics Market Size by Manufacturers
3.1.1 Global Third Party Logistics Revenue by Manufacturers (2014-2019)
3.1.2 Global Third Party Logistics Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Third Party Logistics Market Concentration Ratio (CR5 and HHI)
3.2 Third Party Logistics Key Players Head office and Area Served
3.3 Key Players Third Party Logistics Product/Solution/Service
3.4 Date of Enter into Third Party Logistics Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Third Party Logistics Market Size by Type (2014-2019)
4.2 Global Third Party Logistics Market Size by Application (2014-2019)
5 United States
5.1 United States Third Party Logistics Market Size (2014-2019)
5.2 Third Party Logistics Key Players in United States
5.3 United States Third Party Logistics Market Size by Type
5.4 United States Third Party Logistics Market Size by Application
6 Europe
6.1 Europe Third Party Logistics Market Size (2014-2019)
6.2 Third Party Logistics Key Players in Europe
6.3 Europe Third Party Logistics Market Size by Type
6.4 Europe Third Party Logistics Market Size by Application
……Continued
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