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Third-party Logistics (3PL) Market by Mode of Transportation (Railways, Roadways, Waterways, and Airways), Service Type (Dedicated Contract Carriage (DCC), Domestic Transportation Management, International Transportation Management, Warehousing & Distribution, and Others) and Industry (Technological, Automotive, Retailing, Elements, Food & Groceries, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

AT : Freight & Logistics	A01190	Pages: 320	Apr 2020 \| 24694 Views
Author(s) : Anvay Sonpimple	Tables: 106	Charts: 81	Formats*:

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Third-party Logistics (3PL) Market Statistics - 2027

The global third-party logistics (3PL) market was valued at $1,027.71 billion in 2019, and is projected to reach $1,789.94 billion by 2027, registering a CAGR of 7.1% from 2020 to 2027. In 2019, the Asia-Pacific region garnered the highest share in the global 3PL market.

3PL is the function by which a manufacturer outsources activities related to logistics and distribution. A 3PL company can provide specialized services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. The market for 3PL service is expected to witness significant growth, due to development of the e-commerce industry. Moreover, the demand for this service is expected to escalate in the near future, due to increase in focus of manufacturers and retailers on their core business (known as core competencies) and subcontracting activities, such as logistics where they have less expertise. Thus, increase in competition has diverted the focus of manufacturers to promote respective specializations in production and distribution.

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Furthermore, rise in globalization has aided in setting up a worldwide network of manufacturing activities. To maintain it efficiently, the demand of 3PL services is expected to rise. Moreover, the scope of 3PL services is anticipated to increase during the forecast period, as productivity gains in supply chain in terms of cost and reliability can be derived with the help of managerial and information technology expertise provided by 3PL companies. In addition, the development of the e-commerce industry and increase in reverse logistics operations drive the growth of the global 3PL services market. However, loss of direct control on the logistics service and potential loss of reputation are the most critical factors that restrict the growth of this market.

Some of the key players operating in the 3PL market include C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad, United Parcel Service, and others.

Top Impacting Factors

Increase in trading activities due to globalization

Dynamic market conditions and improvement in the global economy are the key factors driving globalization. Various activities related to trade have been witnessed to increase, owing to rise in globalization. Hence, manufactures or retailers find it difficult to keep a track of these activities in an efficient manner, 3PL companies help these manufacturers to keep track and control these activities. This factor is expected to drive the market. Moreover, development of the overseas market is a significant factor that fuels the growth of the 3 PL industry. 3PL services are becoming extremely vital for price-sensitive customers who require a wider choice of high-quality products with timely delivery. Thus, increase in trading activities due to globalization fuels the growth of the 3PL market.

Third-party Logistics (3PL) Market
By Mode of transport

Airways segment is projected as the most lucrative segments

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Rise in focus of manufacturers and retailers on core competencies

Increase in focus of retailers and manufacturers on their core business and sub-contracting activities, such as logistics where they have less expertise, has been witnessed in the market. The goal here is to promote respective specialization in production and distribution. 3PL companies can make better use of transportation assets by balancing the needs of multiple client shippers across transportation and distribution functions, which will result in economies of scale. Off shoring and outsourcing result in longer and more complex supply chains.

Management of this type of supply chain is extremely difficult for manufactures; therefore, the need for 3PL service providers is expected to increase in the upcoming years.

3PL model provides greater asset utilization and asset sharing alliances, which is increasing its demand, thereby contributing toward the growth of the global market.

Third-party Logistics (3PL) Market
By Service

Dedicated Contract Carriage (DCC) segment is projected as the most lucrative segments

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Risk to goodwill of manufacturer

Third-party logistics service providers are responsible for one of the most critical functions of the business such as management of custom, distribution, and order fulfillment. Their mistake is expected to affect the manufacturer’s reputation and relation with customers. In case a 3PL service provider fails to deliver the order on time, it leads to decrease in creditability of the manufacturing company, thereby degrading the level of trust of consumers on the company. This factor is expected to restrain the growth of the global 3PL market.

Third-party Logistics (3PL) Market
By Industry

Food & Groceries segment is projected as the most lucrative segments

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Lack of control of manufacturers on logistics service

By using 3PL service, a manufacturing company has to rely on the reliability, competency, and honesty of service providers. In this scenario, manufacturer has to rely on 3PL provider, which results in lack of direct control. In addition, manufacturer is not able to monitor the operations at warehouse, which is a serious threat to the quality of products. Thus, lack of control of manufacturers on logistics service hinders the global market growth.

Third-party Logistics (3PL) Market
By region

2027

Asia-pacific

North America

Europe

Lamea

LAMEA region segment is projected as the most lucrative segments

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Key Benefits For Stakeholders

This study comprises the analytical depiction of the global 3PL market analysis along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global 3PL market with a detailed impact analyses.
The current market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Mode of Transport

Railways
Roadways
Waterways
Airways

By Service Type

Dedicated Contract Carriage (DCC)
Domestic Transportation Management
International Transportation Management
Warehousing &Distribution
Others

By Industry

Technological
Automotive
Retailing
Elements
Food & Groceries
Healthcare
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis (2019)
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in trading activities due to globalization
3.5.1.2.Rise in focus of manufacturers and retailers focus on core competencies
3.5.1.3.Development of the e-commerce industry coupled with rise in reverse logistics operations

3.5.2.Restraints

3.5.2.1.Risk to goodwill of manufacturer
3.5.2.2.Lack of control of manufacturers on logistics service

3.5.3.Opportunities

3.5.3.1.Surge in use of IT solutions and software
3.5.3.2.Cost cutting and lead time reduction due to adoption of multi-modal system

CHAPTER 4:3PL MARKET, BY MODE OF TRANSPORT

4.1.Overview
4.2.RAILWAY

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.ROADWAYS

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.WATERWAYS

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.AIRWAYS

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:3PL MARKET, BY SERVICE TYPE

5.1.Overview
5.2.Dedicated contract carriage (DCC)

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Domestic transportation management

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.International transportation management

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Warehousing & distribution

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Others (IT services and logistics software)

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

CHAPTER 6:3PL MARKET, BY INDUSTRY

6.1.Overview
6.2.Technological

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Automotive

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Retailing

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Elements

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Food & Groceries

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

6.7.Healthcare

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis, by country

6.8.Others

6.8.1.Key market trends, growth factors, and opportunities
6.8.2.Market size and forecast, by region
6.8.3.Market analysis, by country

CHAPTER 7:3PL MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by mode of transport
7.2.3.Market size and forecast, by service type
7.2.4.Market size and forecast, by service type
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by mode of transport
7.2.5.1.2.Market size and forecast, by service type
7.2.6.Market size and forecast, by industry

7.2.6.1.Canada

7.2.6.1.1.Market size and forecast, by mode of transport
7.2.6.1.2.Market size and forecast, by service type

7.2.7.Market size and forecast, by industry

7.2.7.1.Mexico

7.2.7.1.1.Market size and forecast, by mode of transport
7.2.7.1.2.Market size and forecast, by service type
7.2.8.Market size and forecast, by industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by mode of transport
7.3.3.Market size and forecast, by service type
7.3.4.Market size and forecast, by industry
7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by mode of transport
7.3.5.1.2.Market size and forecast, by service type
7.3.6.Market size and forecast, by industry

7.3.6.1.Germany

7.3.6.1.1.Market size and forecast, by mode of transport
7.3.6.1.2.Market size and forecast, by service type

7.3.7.Market size and forecast, by industry

7.3.7.1.France

7.3.7.1.1.Market size and forecast, by mode of transport
7.3.7.1.2.Market size and forecast, by service type
7.3.8.Market size and forecast, by service type

7.3.8.1.Italy

7.3.8.1.1.Market size and forecast, by mode of transport
7.3.8.1.2.Market size and forecast, by service type
7.3.9.Market size and forecast, by industry

7.3.9.1.Rest of Europe

7.3.9.1.1.Market size and forecast, by mode of transport
7.3.9.1.2.Market size and forecast, by service type
7.3.10.Market size and forecast, by industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by mode of transport
7.4.3.Market size and forecast, by service type
7.4.4.Market size and forecast, by industry
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by mode of transport
7.4.5.1.2.Market size and forecast, by service type
7.4.6.Market size and forecast, by industry

7.4.6.1.Japan

7.4.6.1.1.Market size and forecast, by mode of transport
7.4.6.1.2.Market size and forecast, by service type
7.4.7.Market size and forecast, by industry

7.4.7.1.India

7.4.7.1.1.Market size and forecast, by mode of transport
7.4.7.1.2.Market size and forecast, by service type
7.4.8.Market size and forecast, by industry

7.4.8.1.Australia

7.4.8.1.1.Market size and forecast, by mode of transport
7.4.8.1.2.Market size and forecast, by service type

7.4.9.Market size and forecast, by industry

7.4.9.1.Rest of Asia-Pacific

7.4.9.1.1.Market size and forecast, by mode of transport
7.4.9.1.2.Market size and forecast, by service type
7.4.10.Market size and forecast, by industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by mode of transport
7.5.3.Market size and forecast, by service type
7.5.4.Market size and forecast, by industry
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by mode of transport
7.5.5.1.2.Market size and forecast, by service type
7.5.6.Market size and forecast, by industry

7.5.6.1.Middle East

7.5.6.1.1.Market size and forecast, by mode of transport
7.5.6.1.2.Market size and forecast, by service type
7.5.7.Market size and forecast, by industry

7.5.7.1.Africa

7.5.7.1.1.Market size and forecast, by mode of transport
7.5.7.1.2.Market size and forecast, by service type

7.5.8.Market size and forecast, by service type

CHAPTER 8:COMPANY PROFILES

8.1.DHL INTERNATIONAL GMBH (Deutsche Post DHL Group)

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Business performance
8.1.5.Key strategic moves and developments

8.2.KUEHNE+NAGEL INC.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Business performance

8.3.DB SCHENKER (DB Group)

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Business performance
8.3.5.Key strategic moves and developments

8.4.Nippon Express

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance

8.5.C.H. Robinson Worldwide, Inc.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Business performance

8.6.UNION PACIFIC RAILROAD

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Business performance
8.6.5.Key strategic moves and developments

8.7.FedEx Corporation

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Business performance
8.7.5.Key strategic moves and developments

8.8.UNITED PARCEL SERVICE

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Business performance
8.8.5.Key strategic moves and developments

8.9.PANALPINA WORLD TRANSPORT LTD

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Business performance
8.9.5.Key strategic moves and developments

8.10.MAERSK

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Business performance
8.10.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 02.3PL MARKET REVENUE FOR RAILWAY, BY REGION, 2019–2027 ($BILLION)
TABLE 03.3PL MARKET REVENUE FOR ROADWAYS, BY REGION, 2019–2027 ($BILLION)
TABLE 04.3PL MARKET REVENUE FOR WATERWAYS, BY REGION, 2019–2027 ($BILLION)
TABLE 05.3PL MARKET REVENUE FOR AIRWAYS, BY REGION, 2019–2027 ($BILLION)
TABLE 06.GLOBAL 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 07.3PL MARKET REVENUE FOR DEDICATED CONTRACT CARRIAGE (DCC), BY REGION, 2019–2027 ($BILLION)
TABLE 08.3PL MARKET REVENUE FOR DOMESTIC TRANSPORTATION MANAGEMENT, BY REGION, 2019–2027 ($BILLION)
TABLE 09.3PL MARKET REVENUE FOR INTERNATIONAL TRANSPORTATION MANAGEMENT, BY REGION, 2019–2027 ($BILLION)
TABLE 10.3PL MARKET REVENUE FOR WAREHOUSING & DISTRIBUTION, BY REGION, 2019–2027 ($BILLION)
TABLE 11.3PL MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($BILLION)
TABLE 12.GLOBAL 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 13.3PL MARKET REVENUE FOR TECHNOLOGICAL, BY REGION, 2019–2027 ($BILLION)
TABLE 14.3PL MARKET REVENUE FOR AUTOMOTIVE, BY REGION, 2019–2027 ($BILLION)
TABLE 15.3PL MARKET REVENUE FOR RETAILING, BY REGION, 2019–2027 ($BILLION)
TABLE 16.3PL MARKET REVENUE FOR ELEMENTS, BY REGION, 2019–2027 ($BILLION)
TABLE 17.3PL MARKET REVENUE FOR FOOD & GROCERIES, BY REGION, 2019–2027 ($BILLION)
TABLE 18.3PL MARKET REVENUE FOR HEALTHCARE, BY REGION, 2019–2027 ($BILLION)
TABLE 19.3PL MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($BILLION)
TABLE 20.NORTH AMERICAN 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 21.NORTH AMERICAN 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 22.NORTH AMERICAN 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 23.U. S. 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 24.U. S. 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 25.U.S. 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 26.CANADA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 27.CANADA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 28.CANADA 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 29.MEXICO 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 30.MEXICO 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 31.MEXICO 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 32.EUROPEAN 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 33.EUROPEAN 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 34.EUROPE 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 35.UK 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 36.UK 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 37.UK 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 38.GERMANY 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 39.GERMANY 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 40.GERMANY 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 41.FRANCE 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 42.FRANCE 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 43.FRANCE 3PL MARKET, BY INDSUTRY, 2019–2027 ($BILLION)
TABLE 44.ITALY 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 45.ITALY 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 46.ITALY 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 47.REST OF EUROPE 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 48.REST OF EUROPE 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 49.REST OF EUROPE 3PL MARKET, BY INDSUTRY, 2019–2027 ($BILLION)
TABLE 50.ASIA-PACIFIC 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 51.ASIA-PACIFIC 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 52.ASIA-PACIFIC 3PL MARKET, BY INDSUTRY, 2019–2027 ($BILLION)
TABLE 53.CHINA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 54.CHINA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 55.CHINA 3PL MARKET, BY INDSUTRY, 2019–2027 ($BILLION)
TABLE 56.JAPAN 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 57.JAPAN 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 58.JAPAN 3PL MARKET, BY INDSUTRY, 2019–2027 ($BILLION)
TABLE 59.INDIA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 60.INDIA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 61.INDIA 3PL MARKET, BY INDSUTRY, 2019–2027 ($BILLION)
TABLE 62.AUSTRALIA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 63.AUSTRALIA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 64.AUSTRALIA 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 65.REST OF ASIA-PACIFIC 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 66.REST OF ASIA-PACIFIC 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 67.REST OF ASIA-PACIFIC 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 68.LAMEA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 69.LAMEA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 70.LAMEA 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 71.LATIN AMERICA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 72.LATIN AMERICA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 73.LATIN AMERICA 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 74.MIDDLE EAST 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 75.MIDDLE EAST 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 76.MIDDLE EAST 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 77.AFRICA 3PL MARKET, BY MODE OF TRANSPORT, 2019–2027 ($BILLION)
TABLE 78.AFRICA 3PL MARKET, BY SERVICE TYPE, 2019–2027 ($BILLION)
TABLE 79.AFRICA 3PL MARKET, BY INDUSTRY, 2019–2027 ($BILLION)
TABLE 80.DHL INTERNATIONAL GMBH: COMPANY SNAPSHOT
TABLE 81.DHL INTERNATIONAL GMBH: OPERATING SEGMENTS
TABLE 82.DHL INTERNATIONAL GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 83.KUEHNE+NAGEL INC.: COMPANY SNAPSHOT
TABLE 84.KUEHNE+NAGEL INC.: OPERATING SEGMENTS
TABLE 85.DB SCHENKER: COMPANY SNAPSHOT
TABLE 86.DB GROUP: OPERATING SEGMENTS
TABLE 87.DB SCHENKER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 88.NIPPON EXPRESS: COMPANY SNAPSHOT
TABLE 89.NIPPON EXPRESS: OPERATING SEGMENTS
TABLE 90.NIPPON EXPRESS: SERVICE PORTFOLIO
TABLE 91.C.H. ROBINSON: COMPANY SNAPSHOT
TABLE 92.C.H. ROBINSON: OPERATING SEGMENTS
TABLE 93.UNION PACIFIC RAILROAD: COMPANY SNAPSHOT
TABLE 94.UNION PACIFIC RAILROAD: OPERATING SEGMENTS
TABLE 95.UNION PACIFIC RAILROAD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 96.FEDEX CORPORATION: COMPANY SNAPSHOT
TABLE 97.FEDEX CORPORATION: OPERATING SEGMENTS
TABLE 98.FEDEX CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 99.UNITED PARCEL SERVICE: COMPANY SNAPSHOT
TABLE 100.UNITED PARCEL SERVICE: OPERATING SEGMENTS
TABLE 101.UNITED PARCEL SERVICE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102.PANALPINA WORLD TRANSPORT LTD.: COMPANY SNAPSHOT
TABLE 103.PANALPINA WORLD TRANSPORT LTD.: OPERATING SEGMENTS
TABLE 104.PANALPINA WORLD TRANSPORT LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 105.MAERSK: COMPANY SNAPSHOT
TABLE 106.MAERSK: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2017–2018*
FIGURE 07.TOP WINNING STRATEGIES, BY YEAR, 2017–2018*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2017–2018*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE THREAT OF SUBSTITUTES
FIGURE 12.HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.HIGH-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS, 2018
FIGURE 15.GLOBAL 3PL MARKET SHARE, BY MODE OF TRANSPORT, 2019–2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR RAILWAY, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR ROADWAYS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR WATERWAYS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR AIRWAYS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.GLOBAL 3PL MARKET SHARE, BY SERVICE TYPE, 2019–2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR DEDICATED CONTRACT CARRIAGE (DCC), BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR DOMESTIC TRANSPORTATION MANAGEMENT, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR INTERNATIONAL TRANSPORTATION MANAGEMENT, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR WAREHOUSING & DISTRIBUTION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.GLOBAL 3PL MARKET SHARE, BY INDUSTRY, 2019–2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR TECHNOLOGICAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR AUTOMOTIVE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR RETAILING, BY COUNTRY, 2019 & 2027 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR WAREHOUSING & DISTRIBUTION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR FOOD & GROCERIES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR HEALTHCARE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 34.3PL MARKET, BY REGION, 2019–2027 (%)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 36.U.S. 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 37.CANADA 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 38.MEXICO 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 39.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 40.UK 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 41.GERMANY 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 42.FRANCE 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 43.ITALY 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 44.REST OF EUROPE 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 45.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 46.CHINA 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 47.JAPAN 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 48.INDIA 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 49.AUSTRALIA 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 50.REST OF ASIA-PACIFIC 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 51.COMPARATIVE SHARE ANALYSIS OF 3PL MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 52.LATIN AMERICA 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 53.MIDDLE EAST 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 54.AFRICA 3PL MARKET, 2019–2027 ($BILLION)
FIGURE 55.DHL INTERNATIONAL GMBH: NET SALES, 2016–2018 ($MILLION)
FIGURE 56.DHL INTERNATIONAL GMBH: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.DHL INTERNATIONAL GMBH: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.KUEHNE+NAGEL INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 59.KUEHNE+NAGEL INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60.KUEHNE+NAGEL INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61.DB GROUP: NET SALES, 2016–2018 ($MILLION)
FIGURE 62.DB GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 63.DB GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 64.NIPPON EXPRESS: REVENUE, 2015–2017 ($MILLION)
FIGURE 65.NIPPON EXPRESS: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 66.NIPPON EXPRESS: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 67.C.H. ROBINSON: REVENUE, 2016–2018 ($MILLION)
FIGURE 68.C.H. ROBINSON: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69.C.H. ROBINSON: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 70.UNION PACIFIC RAILROAD: NET SALES, 2016–2018 ($MILLION)
FIGURE 71.UNION PACIFIC RAILROAD: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 72.FEDEX CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 73.FEDEX CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 74.FEDEX CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 75.UNITED PARCEL SERVICE: NET SALES, 2016–2018 ($MILLION)
FIGURE 76.UNITED PARCEL SERVICE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 77.UNITED PARCEL SERVICE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 78.PANALPINA WORLD TRANSPORT LTD: NET SALES, 2016–2018 ($MILLION)
FIGURE 79.PANALPINA WORLD TRANSPORT LTD: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 80.MAERSK: NET SALES, 2016–2018 ($MILLION)
FIGURE 81.MAERSK: REVENUE SHARE BY SEGMENT, 2018 (%)

Third-party logistics (3PL) is a third-party business in a company’s supply chain management for distribution of company’s products and service fulfillment. The 3PL market holds a substantial scope for growth globally. The market is in its growth stage; however, its contribution to the global market would increase significantly within the next six years. Liberal government policies for free trade agreements and development of the e-commerce industry drive the growth of the market. Emerging information technology and logistics software such as warehouse management system, transport management system, and vendor managed inventoryare expected to increase the competition in the coming years. Technology advancement such as use of double decker goods train is increasing the capacity of goods to be transported.

Increase in trading activities due to globalizationand rise infocus of manufacturers and retailers on core competencies fuel the growth of the 3PL market. However, risk to goodwill of manufacturerhinders the growth of the market. In addition, reduction in control of manufacturers on logistics service restrains the growth of the market.

Among the analyzed geographical regions, Asia-Pacific accounted for the highest revenue in the global market throughout the forecast period, followed by North America, Europe, andLAMEA. Moreover, LAMEA is expected to witness the highest growth rate, owing to rise in trading activities due to globalization.This indicates lucrative prospects for 3PL services in the LAMEA region.

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FREQUENTLY ASKED QUESTIONS?

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Q1. What is third-party logistics (3PL) Market technology?

A. 3PL is the function by which a manufacturer outsources activities related to logistics and distribution. A 3 PL company can provide specialized services such as inventory management, cross-docking, door-to-door delivery, and packaging of products

Q2. What is the CAGR of 3PL market by 2027?

A. 7.1% is the CAGR of 3PL market by 2027.

Q3. How can I get report sample of 3PL market ?

A. The report sample for third-party logistics (3PL) market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

Q4. Which segment will drive 3PL market growth?

A. Based on mode of transport, airways is anticipated to grow at a significant growth rate during the 3PL market forecast period.

Q5. How can I get top ten players company profiles of 3PL Market?

A. The data of the top market players of third-party logistics market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the 3PL market as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

Q6. Which are the top companies hold the market share in 3PL Market

A. DHL, United Parcel Service, FedEx Corporation, Maersk Logistics, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Ltd., Union Pacific Corporation, and BNSF Railway Company are the top companies holding the market share in 3PL Market.

Q7. What are the key trends in the global third-party logistics market report?

A. Increase in trading activities due to globalization and rise in focus of manufacturers & retailers on core competencies are the key trends driving the growth of 3PL market.

Q8. Which region will provide more business opportunities of 3PL during forecast period?

A. Based on region, LAMEA will provide more business opportunities during forecast period.

Q9. What are the market values / growth % of emerging countries?

A. The global third-party logistics (3PL) market was valued at $1,027.71 billion in 2019, and is projected to reach $1,789.94 billion by 2027, registering a CAGR of 7.1% from 2020 to 2027. In 2019, the Asia-Pacific region garnered the highest share in the global 3PL market

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Third-party Logistics (3PL) Market Statistics - 2027

Top Impacting Factors

Increase in trading activities due to globalization

Third-party Logistics (3PL) Market By Mode of transport

Airways segment is projected as the most lucrative segments

Rise in focus of manufacturers and retailers on core competencies

Third-party Logistics (3PL) Market By Service

Dedicated Contract Carriage (DCC) segment is projected as the most lucrative segments

Risk to goodwill of manufacturer

Third-party Logistics (3PL) Market By Industry

Food & Groceries segment is projected as the most lucrative segments

Lack of control of manufacturers on logistics service

Third-party Logistics (3PL) Market By region

LAMEA region segment is projected as the most lucrative segments

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Q1. What is third-party logistics (3PL) Market technology?

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Q5. How can I get top ten players company profiles of 3PL Market?

Q6. Which are the top companies hold the market share in 3PL Market

Q7. What are the key trends in the global third-party logistics market report?

Q8. Which region will provide more business opportunities of 3PL during forecast period?

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