Third-Party Logistics Market
Third-Party Logistics Market Study by Value-Added Logistics, Domestic Transportation Management, Warehousing & Distribution, International Transportation Management, and Others from 2024 to 2034
Analysis of Third-Party Logistics Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Third-party Logistics Market Outlook (2024 to 2034)
The global third-party logistics market has been valued at US$ 1.2 billion in 2024, as revealed in the recently updated industry report by Fact.MR. Worldwide demand for 3PL logistics solutions is projected to reach a market value of US$ 2.5 billion by 2034, registering a CAGR of 7.6% from 2024 to 2034.
Growing preference for third-party logistics services is attributed to the spread of the manufacturing network, which requires a safe and reliable way of delivering or stocking products.
Constant advancements in information technology are projected to contribute to 3PL logistics market growth as it are cost-effective and ensures reliability. Companies operating in the global market are offering long-term/short-term warehousing solutions, insurance, cross-country freight, etc. The growing e-Commerce sector and digitalization are estimated to positively affect market growth as companies require a strong network for safe warehousing and suppliers.
Leading market players are emphasizing offering technology-driven services, including real-time shipment tracking, route optimization, etc. They are also concentrating on maintaining visibility over the complete supply chain without burdening respective clients.
- Worldwide demand for third-party logistics services in the retail sector is calculated to increase at 7.6% CAGR and reach a market value of US$ 623.3 million by 2034.
- East Asia is forecast to hold a 26.5% share of global 3PL market revenue by 2034.
- The market for third-party logistics solutions in South Korea is forecasted to accelerate at a CAGR of 9% from 2024 to 2034.
Strengthened shipper-carrier relationships are estimated to increase transparency and information sharing between both parties, thus creating a favorable business environment. The availability of custom distribution programs and temperature-controlled storage programs through logistic technology is forecast to offer customized solutions. In addition, improved agility in the execution of these services with cost-effectiveness is expected to lead to their increased preference in the coming decade.
| Report Attribute | Detail |
|---|---|
| Third-party Logistics Market Size (2024E) | US$ 1.2 Billion |
| Forecasted Market Value (2034F) | US$ 2.5 Billion |
| Global Market Growth Rate (2024 to 2034) | 7.6% CAGR |
| Market Share of International Transportation Management Services (2034F) | 30.2% |
| North America Market Share (2034F) | 20.9% |
| Japan Market Growth Rate (2024 to 2034) | 8.9% CAGR |
| Key Companies Profiled | DSV; Kuehne + Nagel; J.B. Hunt Transport, Inc.; Yusen Logistics Co. Ltd.; DB Schenker Logistics; Nippon Express; Burris Logistics; XPO Logistics, Inc.; CEVA Logistics; FedEx; United Parcel Service of America, Inc.; C.H. Robinson Worldwide, Inc.; BDP International. |
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Why Key Market Dynamics are Contributing to Increased Preference for Third-party Logistics Services?
“Increasing Trading Activities with Rising Globalization”
Constantly increasing globalization is contributing to the significant importance of trade. Market dynamism is estimated to make it challenging for manufacturers to keep track of transportation activities, therefore, a growing preference has been given to third-party logistics services in recent years. In addition, constant advancements taking place in the overseas market are also projected to contribute to the expanding third-party logistics market size.
Complexities in customs rules & regulations in international documentation require effectiveness for handling supply chain activity; thus, SMEs (small & medium enterprises) are leveraging third-party logistics services. Furthermore, an expansion of the e-commerce platforms is estimated to positively influence third-party logistics market trends, enhancing their importance.
What Roadblocks are Providers of Third-party Logistics Services Encountering?
“Lack of Direct Control for Service-Seeking Companies”
Manufacturing companies depend on third-party logistics services for their competency, which leads to the absence of direct control. The inability of manufacturers to monitor operations at warehouses is forecast to adversely impact product quality. Further, disruption of transportation and delays in customs clearance are some other factors limiting demand for 3PL services.
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How are New Companies Forecasted to Fare in This Competitive Business Space?
“Startups Will Do Well by Giving Emphasis to More Effective Services”
New market players are expected to invest in R&D activities conducted to offer more efficient third-party logistics services to ensure operational efficiency during product transportation. In addition, they are anticipated to focus more on minimizing chances of delay in shipment to avoid unnecessary waiting time and gaining the trust of respective end users.
Some advanced technologies, including artificial intelligence, predictive analytics, blockchain, etc., are adopted by service providers. This is estimated to enhance visibility, streamline supply chain operations, and optimize the overall effectiveness of service providers.
Country-wise Insights
As per the updated study by Fact.MR, a market research and competitive intelligence provider, East Asia is estimated to capture a 26.5% share of global market revenue by 2034. Constant development in logistic infrastructure and increasing emphasis on transportation practices in potentially high growth countries are expected to increase demand for third-party logistics solutions.
What’s Benefitting Third-party Logistics Solution Providers in the United States?
“High Demand for Cold Storage Facilities in the Country”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 223.3 Million |
| Growth Rate (2024 to 2034) | 6.4% CAGR |
| Projected Value (2034F) | US$ 415.3 Million |
The United States is expected to hold 79.7% of the North American market share by the end of 2034. There are some leading market players present in the country, which is anticipated to strengthen the country’s position in the region. UPS Supply Chain Solutions Inc., Expeditors International of Washington, Inc., and Robinson Worldwide Inc. are some of the well-known market players operating in the United States. Furthermore, increasing requirements for cold storage are estimated to augment the 3PL market growth in the country.
Why is Demand for Third-party Logistics Services High in China?
“Concentration on Sourcing and Manufacturing Products in Multiple Industries”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 257.1 Million |
| Growth Rate (2024 to 2034) | 6.7% CAGR |
| Projected Value (2034F) | US$ 493.6 Million |
China is calculated to possess a share of 74.7% of the market in East Asia by 2034. The growing focus on sourcing and manufacturing products in the country is estimated to lead to a strategic shift in the pharmaceuticals, automotive, and technology sectors. This shift is anticipated to contribute to the rising demand for third-party logistics services for the effective operation of storage and transportation of products.
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Category-wise Insights
Increasing demand for third-party logistics services for roadways is owing to the growing emphasis on supply chain infrastructure. Moreover, the rising public-private partnerships model for offering more effective road transportation facilities is also contributing to the growing preference for third-party logistics services.
Which End-use Industry Gives High Preference to Third-party Logistics Services?
“Flourishing Retail Sector Driving Demand for Outsourced Logistics Services”
| Attribute | Retailing |
|---|---|
| Segment Value (2024E) | US$ 298.7 Million |
| Growth Rate (2024 to 2034) | 7.6% CAGR |
| Projected Value (2034F) | US$ 623.3 Million |
The retailing sector is expected to occupy 25% of the third-party logistics market share by the end of 2034. The sector is estimated to experience an increase in outsourced logistics activities, which is contributing to global market growth. Various benefits of these activities, including enhanced customer services, business process development, reduced transportation costs, and chain visibility, are resulting in their surging preference, which is further creating remunerative growth opportunities in the global market in the coming 10 years.
Which Third-party Logistics Services are Becoming More Popular?
“International Transportation Management Facilities Procuring Significant Market Share”
| Attribute | International Transportation Management |
|---|---|
| Segment Value (2024E) | US$ 396.7 Million |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 753.4 Million |
Third-party logistics facilities for use in international transportation management are forecasted to account for a share of 30.2% of the global market by 2034. The growing popularity of e-Commerce platforms and increasing economic activities are contributing to the rising demand for third-party logistics services. Trade liberalization policies, cross-border logistics, and FTAs (Free Trade Agreements) are estimated to lead to an increase in international transportation services, which are widening the application scope of third-party logistics services.
Competitive Landscape
Prominent market players are adopting various strategies for expanding their global reach. Multiple methods, including partnerships, collaborations, acquisitions, etc., are adopted by market players to secure the forefront position. Investment in new product development is also estimated to help service providers get a competitive edge over competitors.
For instance :
- CEVA Logistics, in January 2022, announced its strategy to expand its reach in Europe and Middle East & Asia. The company updated the existing services and rolled out certain new services. Presently, Turkey is in the network of the company as it offers daily connection facilities between Halkali Terminal and Duisburg in Germany with its equipment. In addition, it also offers a block train solution linking Germany and Vietnam through China with weekly trips.
Fact.MR provides detailed information about the price points of key players in the third-party logistics market positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.
Segmentation of Third-party Logistics Market Research
-
By Service :
- Value-added Logistics Services (VALs)
- Domestic Transportation Management (DTM)
- Warehousing & Distribution (W&D)
- International Transportation Management (ITM)
- Dedicated Contract Carriage (DCC)/Freight Forwarding
-
By End-use Industry :
- Retailing
- Technological
- Automotive
- Healthcare
- Food & Groceries
- Elements
- Industrial
- Consumer Goods
-
By Transport :
- Airway
- Railway
- Roadway
- Waterway
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- MEA
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Service 6.2. Transport 6.3. End-use Industry 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Service 7.1. Value-added Logistics Services (VALs) 7.2. Domestic Transportation Management (DTM) 7.3. Warehousing & Distribution (W&D) 7.4. International Transportation Management (ITM) 7.5. Dedicated Contract Carriage (DCC)/Freight Forwarding 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Transport 8.1. Airway 8.2. Railway 8.3. Roadway 8.4. Waterway 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End-use Industry 9.1. Retailing 9.2. Technological 9.3. Automotive 9.4. Healthcare 9.5. Food & Groceries 9.6. Elements 9.7. Industrial 9.8. Consumer Goods 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Service, Transport, End-use Industry, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. DSV 20.2. Kuehne + Nagel 20.3. J.B. Hunt Transport, Inc. 20.4. Yusen Logistics Co. Ltd. 20.5. DB Schenker Logistics 20.6. Nippon Express 20.7. Burris Logistics 20.8. XPO Logistics, Inc. 20.9. CEVA Logistics 20.10. FedEx 20.11. United Parcel Service of America, Inc. 20.12. C.H. Robinson Worldwide, Inc. 20.13. BDP International 21. Assumptions and Acronyms Serviced 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Service, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Service, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Service, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Transport, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Transport, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Transport, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End-use Industry, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Service, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Service, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Service, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Service, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Service, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Service, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Service, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Service, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Service, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Service, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Service, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Service, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Service, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Service, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Service, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Service, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Service, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Transport, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Transport, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Transport, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End-use Industry, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the third-party logistics market in 2024?
The global third-party logistics market is calculated at US$ 1.2 billion in 2024.
What is the demand outlook for third-party logistics services for 2034?
Worldwide demand for third-party logistics services is approximated to reach a value of US$ 2.5 billion by 2034.
At what rate is the demand for third-party logistics solutions forecasted to rise?
The global market is forecasted to expand at 7.6% CAGR from 2024 to 2034.
How much share of the global market is North America projected to hold?
North America is evaluated to capture 20.9% share of global market revenue by 2034-end.
At what rate is the demand for third-party logistics services forecasted to accelerate in Japan?
The market for third-party logistics services in Japan is calculated to climb at a CAGR of 8.9% from 2024 to 2034.
What is the contribution of the retailing sector to global market revenue?
The retailing sector is projected to account for 25% share of the global market by 2034.
Who are the leading providers of third-party logistics services?
Some of the key service providers of third-party logistics are DSV, J.B. Hunt Transport, Inc., Yusen Logistics Co. Ltd., DB Schenker Logistics, and Nippon Express.
Third-Party Logistics Market