Summary
The global Third Party Logistics 3PL Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Third-party logistics is a methodology for allocating resources between the actual production/delivery function and the supply chain. In simple terms, it involves the use of third parties to transport raw materials into a production facility or to locate and deliver finished goods. Basically, this service involves the use of various outsourcing arrangements to reduce the physical and human resources required in any business process.
The most common arrangements under this paradigm include vehicle transport, trucking, air freight, rail transport, and ship shipping. The concept of third party logistics 3PL emerged from the early 1990s and has become increasingly important as both global economic restructuring and rapid technological change have led to increased globalization and increased trade within and across national boundaries.
Growing globalization coupled with the increasing number of companies outsourcing their logistics activities to third-party suppliers is propelling the growth of the third-party logistics 3Pl market. Third-party logistics services help in reducing operating costs and also offer value addition to companies for the entire supply chain process. Expanding e-commerce industry in the market has also increased freight transportation. This is providing key opportunities for the third-party logistics 3Pl market. This is also credited with the increasing penetration of the internet and smartphone around the globe.
According to the U.S. Department of Commerce, the U.S international trade deficit in goods and services increased to $68.2 billion in January from $67.0 billion in December (revised), as imports increased more than exports. (March 5, 2021)
From the geographical point of view, the Asia Pacific is projected to gain significant growth over the forecast period and this is attributed to the increasing export of the products in the region. According to the India Brand Equity Foundation, in FY19, India’s engineering export stood at US$ 81.02 billion and for FY20, it stood at US$ 75.97 billion. The top three destinations of Indian engineering exports during April–July 2020-21 were the USA, China, and Singapore. Moreover, the Government is adopting various initiatives to encourage the exports and imports of the product in the Asia Pacific market growth.
Key Developments:
- In November 2020, Key Reasons has announced that it has entered into partnership with a Third Party Logistics (3PL) Provider
- In November 2017, Becker Logistics Acquired Savage’s Third-Party Logistics Business. With this acquisition, Becker Logistics is now one of the largest third-party logistics providers in the United States
The Third Party Logistics 3Pl Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Third Party Logistics 3Pl Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- AmeriCold Logistics LLC
- DHL Supply Chain
- FedEx
- Nippon Express Co., Ltd
- UPS Supply Chain Solutions
- ...
By the Product Type, the market is primarily segmented into:
- DCC
- DTM
- ITM
- Logistics software
By Applications, the market is segmented into:
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Third Party Logistics 3Pl Market Report:
- To assess the size of the market by value and volume
- Analyze the Third Party Logistics 3Pl Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Third Party Logistics 3Pl Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Third Party Logistics 3Pl Market
The Third Party Logistics 3Pl Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Third Party Logistics 3Pl Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Contents
Third Party Logistics (3PL) Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Third Party Logistics (3PL)
1.1 Third Party Logistics (3PL) Market Overview
1.1.1 Third Party Logistics (3PL) Product Scope
1.1.2 Market Status and Outlook
1.2 Global Third Party Logistics (3PL) Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Third Party Logistics (3PL) Market by Type
1.3.1 Global Third Party Logistics (3PL) Revenue (Million US$) and Growth Comparison by Type (2014-2025)
1.3.2 Global Third Party Logistics (3PL) Revenue Market Share by Type in 2018
1.3.3 DCC
1.3.4 DTM
1.3.5 ITM
1.3.6 Logistics software
1.4 Third Party Logistics (3PL) Market by End Users/Application
1.4.1 Air
1.4.2 Sea
1.4.3 Rail & Road
2 Global Third Party Logistics (3PL) Competition Analysis by Players
2.1 Global Third Party Logistics (3PL) Market Size (Million US$) by Players (2014-2019)
2.2 Competitive Status
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 Mergers & Acquisitions, Expansion Plans
3 Company (Top Players) Profiles and Key Data
3.1 AmeriCold Logistics LLC
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Third Party Logistics (3PL) Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 DHL Supply Chain
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Third Party Logistics (3PL) Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 FedEx
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Third Party Logistics (3PL) Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 Nippon Express Co., Ltd
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Third Party Logistics (3PL) Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 UPS Supply Chain Solutions
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Third Party Logistics (3PL) Revenue (Value) (2014-2019)
3.5.5 Recent Developments
...
4 Global Third Party Logistics (3PL) Market Size by Type and Application (2014-2019)
4.1 Global Third Party Logistics (3PL) Market Size by Type (2014-2019)
4.2 Global Third Party Logistics (3PL) Market Size by Application (2014-2019)
4.3 Potential Application of Third Party Logistics (3PL) in Future
4.4 Top Consumer/End Users of Third Party Logistics (3PL)
5 North America Third Party Logistics (3PL) Development Status and Outlook
5.1 North America Third Party Logistics (3PL) Market Size (2014-2019)
5.2 North America Third Party Logistics (3PL) Market Size and Market Share by Players (2014-2019)
5.3 North America Third Party Logistics (3PL) Market Size by Application (2014-2019)
6 Europe Third Party Logistics (3PL) Development Status and Outlook
6.1 Europe Third Party Logistics (3PL) Market Size (2014-2019)
6.2 Europe Third Party Logistics (3PL) Market Size and Market Share by Players (2014-2019)
6.3 Europe Third Party Logistics (3PL) Market Size by Application (2014-2019)
7 China Third Party Logistics (3PL) Development Status and Outlook
7.1 China Third Party Logistics (3PL) Market Size (2014-2019)
7.2 China Third Party Logistics (3PL) Market Size and Market Share by Players (2014-2019)
7.3 China Third Party Logistics (3PL) Market Size by Application (2014-2019)
8 Rest of Asia Pacific Third Party Logistics (3PL) Development Status and Outlook
8.1 Rest of Asia Pacific Third Party Logistics (3PL) Market Size (2014-2019)
8.2 Rest of Asia Pacific Third Party Logistics (3PL) Market Size and Market Share by Players (2014-2019)
8.3 Rest of Asia Pacific Third Party Logistics (3PL) Market Size by Application (2014-2019)
9 Central & South America Third Party Logistics (3PL) Development Status and Outlook
9.1 Central & South America Third Party Logistics (3PL) Market Size (2014-2019)
9.2 Central & South America Third Party Logistics (3PL) Market Size and Market Share by Players (2014-2019)
9.3 Central & South America Third Party Logistics (3PL) Market Size by Application (2014-2019)
10 Middle East & Africa Third Party Logistics (3PL) Development Status and Outlook
10.1 Middle East & Africa Third Party Logistics (3PL) Market Size (2014-2019)
10.2 Middle East & Africa Third Party Logistics (3PL) Market Size and Market Share by Players (2014-2019)
10.3 Middle East & Africa Third Party Logistics (3PL) Market Size by Application (2014-2019)
11 Market Forecast by Regions and Application (2019-2025)
11.1 Global Third Party Logistics (3PL) Market Size by Regions (2019-2025)
11.1.1 North America Third Party Logistics (3PL) Revenue and Growth Rate (2019-2025)
11.1.2 Europe Third Party Logistics (3PL) Revenue and Growth Rate (2019-2025)
11.1.3 China Third Party Logistics (3PL) Revenue and Growth Rate (2019-2025)
11.1.4 Rest of Asia Pacific Third Party Logistics (3PL) Revenue and Growth Rate (2019-2025)
11.1.5 Central & South America Third Party Logistics (3PL) Revenue and Growth Rate (2019-2025)
11.1.6 Middle East & Africa Third Party Logistics (3PL) Revenue and Growth Rate (2019-2025)
11.2 Global Third Party Logistics (3PL) Market Size by Application (2019-2025)
11.3 The Market Drivers in Future
12 Third Party Logistics (3PL) Market Dynamics
12.1 Industry Trends
12.2 Market Drivers
12.3 Market Challenges
12.4 Porters Five Forces Analysis
13 Research Finding /Conclusion
14 Methodology and Data Source
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
14.4 Author List
List of Table
List of Tables and Figures
Figure Global Third Party Logistics (3PL) Market Size (Million USD) Status and Outlook (2014-2025)
Table Global Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate by Regions (2014-2025)
Figure Global Third Party Logistics (3PL) Market Share by Regions (2014-2019)
Figure North America Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate (2014-2019)
Figure Europe Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate (2014-2019)
Figure China Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate (2014-2019)
Figure Rest of Asia Pacific Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate (2014-2019)
Figure Central & South America Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate (2014-2019)
Figure Middle East & Africa Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate (2014-2019)
Figure Global Third Party Logistics (3PL) Market Share by Type in 2018 & 2025
Figure DCC Market Size (Million USD) and Growth Rate (2014-2019)
Figure DTM Market Size (Million USD) and Growth Rate (2014-2019)
Figure ITM Market Size (Million USD) and Growth Rate (2014-2019)
Figure Logistics software Market Size (Million USD) and Growth Rate (2014-2019)
Table Global Third Party Logistics (3PL) Market Size (Million US$) Comparison by Application (2014-2025)
Figure Global Third Party Logistics (3PL) Market Share by Application in 2018 & 2025
Figure Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate in Air (2014-2019)
Figure Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate in Sea (2014-2019)
Figure Third Party Logistics (3PL) Market Size (Million USD) and Growth Rate in Rail & Road (2014-2019)
Table Global Third Party Logistics (3PL) Revenue (Million US$) by Players (2014-2019)
Table Global Third Party Logistics (3PL) Revenue Market Share by Players (2014-2019)
Eigure Third Party Logistics (3PL) Market Size Share by Players in 2018
Table Global Third Party Logistics (3PL) Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Global Top 5 Players Third Party Logistics (3PL) Market Share in 2018
Figure Global Top 10 Players Third Party Logistics (3PL) Market Share in 2018
Table Third Party Logistics (3PL) Key Players Product/Service
Table Mergers & Acquisitions, Expansion Plans
Table AmeriCold Logistics LLC Basic Information List
Table AmeriCold Logistics LLC Description and Business Overview
Table AmeriCold Logistics LLC Third Party Logistics (3PL) Products, Services and Solutions
Table Revenue (Million US$) in Third Party Logistics (3PL) Business of AmeriCold Logistics LLC (2014-2019)
Table AmeriCold Logistics LLC Third Party Logistics (3PL) Recent Developments
Table DHL Supply Chain Basic Information List
Table DHL Supply Chain Description and Business Overview
Table DHL Supply Chain Third Party Logistics (3PL) Products, Services and Solutions
Table Revenue (Million US$) in Third Party Logistics (3PL) Business of DHL Supply Chain (2014-2019)
Table DHL Supply Chain Third Party Logistics (3PL) Recent Developments
Table FedEx Basic Information List
Table FedEx Description and Business Overview
Table FedEx Third Party Logistics (3PL) Products, Services and Solutions
Table Revenue (Million US$) in Third Party Logistics (3PL) Business of FedEx (2014-2019)
Table FedEx Third Party Logistics (3PL) Recent Developments
Table Nippon Express Co., Ltd Basic Information List
Table Nippon Express Co., Ltd Description and Business Overview
Table Nippon Express Co., Ltd Third Party Logistics (3PL) Products, Services and Solutions
Table Revenue (Million US$) in Third Party Logistics (3PL) Business of Nippon Express Co., Ltd (2014-2019)
Table Nippon Express Co., Ltd Third Party Logistics (3PL) Recent Developments
Table UPS Supply Chain Solutions Basic Information List
Table UPS Supply Chain Solutions Description and Business Overview
Table UPS Supply Chain Solutions Third Party Logistics (3PL) Products, Services and Solutions
Table Revenue (Million US$) in Third Party Logistics (3PL) Business of UPS Supply Chain Solutions (2014-2019)
Table UPS Supply Chain Solutions Third Party Logistics (3PL) Recent Developments
Table Global Third Party Logistics (3PL) Market Size by Type (2014-2019) (Million US$)
Figure Global Third Party Logistics (3PL) Revenue Market Share by Type in 2018
Table Global Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure Global Third Party Logistics (3PL) Revenue Market by Application in 2018
Table Top Consumer/End Users of Third Party Logistics (3PL)
Figure North America Third Party Logistics (3PL) Market Size and Growth Rate(2014-2019) (Million USD)
Table North America Third Party Logistics (3PL) Market Size by Players (2014-2019)(Million US$)
Figure North America Third Party Logistics (3PL) Market Size Share by Players in 2018
Table North America Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure North America Third Party Logistics (3PL) Revenue Market Share by Application (2014-2019)
Figure North America Third Party Logistics (3PL) Market Size Share by Application in 2018
Figure Europe Third Party Logistics (3PL) Market Size and Growth Rate(2014-2019) (Million USD)
Table Europe Third Party Logistics (3PL) Market Size by Players (2014-2019)(Million US$)
Figure Europe Third Party Logistics (3PL) Market Size Share by Players in 2018
Table Europe Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure Europe Third Party Logistics (3PL) Revenue Market Share by Application (2014-2019)
Figure Europe Third Party Logistics (3PL) Market Size Share by Application in 2018
Figure China Third Party Logistics (3PL) Market Size and Growth Rate(2014-2019) (Million USD)
Table China Third Party Logistics (3PL) Market Size by Players (2014-2019)(Million US$)
Figure China Third Party Logistics (3PL) Market Size Share by Players in 2018
Table China Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure China Third Party Logistics (3PL) Revenue Market Share by Application (2014-2019)
Figure China Third Party Logistics (3PL) Market Size Share by Application in 2018
Figure Rest of Asia Pacific Third Party Logistics (3PL) Market Size and Growth Rate(2014-2019) (Million USD)
Table Rest of Asia Pacific Third Party Logistics (3PL) Market Size by Players (2014-2019)(Million US$)
Figure Rest of Asia Pacific Third Party Logistics (3PL) Market Size Share by Players in 2018
Table Rest of Asia Pacific Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure Rest of Asia Pacific Third Party Logistics (3PL) Revenue Market Share by Application (2014-2019)
Figure Rest of Asia Pacific Third Party Logistics (3PL) Market Size Share by Application in 2018
Figure Central & South America Third Party Logistics (3PL) Market Size and Growth Rate(2014-2019) (Million USD)
Table Central & South America Third Party Logistics (3PL) Market Size by Players (2014-2019)(Million US$)
Figure Central & South America Third Party Logistics (3PL) Market Size Share by Players in 2018
Table Central & South America Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure Central & South America Third Party Logistics (3PL) Revenue Market Share by Application (2014-2019)
Figure Central & South America Third Party Logistics (3PL) Market Size Share by Application in 2018
Figure Middle East & Africa Third Party Logistics (3PL) Market Size and Growth Rate(2014-2019) (Million USD)
Table Middle East & Africa Third Party Logistics (3PL) Market Size by Players (2014-2019)(Million US$)
Figure Middle East & Africa Third Party Logistics (3PL) Market Size Share by Players in 2018
Table Middle East & Africa Third Party Logistics (3PL) Market Size by Application (2014-2019) (Million US$)
Figure Middle East & Africa Third Party Logistics (3PL) Revenue Market Share by Application (2014-2019)
Figure Middle East & Africa Third Party Logistics (3PL) Market Size Share by Application in 2018
Figure Global Third Party Logistics (3PL) Market Size and Growth Rate (Value) (2019-2025) (Million US$)
Table Global Third Party Logistics (3PL) Market Size by Regions (2019-2025) (Million US$)
Figure Global Third Party Logistics (3PL) Market Size Share by Regions (2019-2025)
Figure Global Third Party Logistics (3PL) Market Size Share by Regions in 2025
Figure North America Third Party Logistics (3PL) Revenue (Million USD) and Growth Rate (2019-2025)
Figure Europe Third Party Logistics (3PL) Revenue (Million USD) and Growth Rate (2019-2025)
Figure China Third Party Logistics (3PL) Revenue (Million USD) and Growth Rate (2019-2025)
Figure Rest of Asia Pacific Third Party Logistics (3PL) Revenue (Million USD) and Growth Rate (2019-2025)
Figure Central & South America Third Party Logistics (3PL) Revenue (Million USD) and Growth Rate (2019-2025)
Figure Middle East & Africa Third Party Logistics (3PL) Revenue (Million USD) and Growth Rate (2019-2025)
Table Global Third Party Logistics (3PL) Market Size by Application (2019-2025) (Million USD)
Figure Global Third Party Logistics (3PL) Market Size by Application (2019-2025)
Figure Global Third Party Logistics (3PL) Market Size by Application in 2025
Table Global Third Party Logistics (3PL) Market Size by Type (2019-2025) (Million US$)
Figure Global Third Party Logistics (3PL) Market Size by Type (2019-2025)
Figure Global Third Party Logistics (3PL) Market Size by Type in 2025
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure Porter's Five Forces Analysis
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
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