The global market for Third Party Logistics (3PL) was estimated at US$1.1 Trillion in 2024 and is projected to reach US$1.9 Trillion by 2030, growing at a CAGR of 8.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Third Party Logistics (3PL) market.
The global 3PL market has seen substantial growth, driven by the increasing complexity of supply chains and the expansion of e-commerce. Businesses face heightened pressure to deliver products faster and more reliably across diverse geographies. This demand has led to a greater reliance on 3PL providers who can offer comprehensive, end-to-end supply chain solutions that address the challenges of global distribution and omni-channel sales strategies. Ongoing proliferation of omni-channel retailing, or multi-channel retailing, is driving momentum in the 3PL market. Omni-channel retailing leverages multiple channels such as retail stores, e-commerce platforms, teleshopping mediums and catalogue sales to engage and serve more number of customers. Additionally, 3PL services have become more appealing as companies seek to manage fluctuating demand more effectively, particularly in response to seasonal peaks or unexpected disruptions, such as those experienced during global crises. Technology plays a crucial role in this sector, with advancements in logistics software, automated warehousing, and data analytics enhancing the service offerings of 3PL providers, making them integral to modern supply chain strategies.
The growth in the 3PL market is driven by several factors, including technological innovations, globalization of supply chains, and changing consumer expectations. Technological advancements, such as the implementation of artificial intelligence, machine learning, and the Internet of Things (IoT), have transformed logistics operations, enabling 3PL providers to offer more efficient, accurate, and personalized services. The globalization of supply chains has compelled companies to seek 3PL partners that can navigate international logistics complexities, including compliance with diverse regulatory environments and managing logistics in varying market conditions. Moreover, consumer expectations for rapid delivery and real-time tracking have pressured companies to rely on 3PL providers that can incorporate advanced technology into their logistics operations to deliver a seamless and transparent customer experience. These drivers ensure that 3PL services remain crucial for businesses aiming to maintain competitive advantage in a fast-evolving marketplace.
Global Third Party Logistics (3PL) Market - Key Trends and Drivers Summarized
Third Party Logistics (3PL) refers to the outsourcing of supply chain operations and logistics functions to a third-party business. The primary services offered by 3PL providers include warehousing, transportation, inventory management, order fulfillment, and packaging. Companies typically leverage 3PL services to enhance efficiency, reduce costs, and benefit from the expertise that they may lack internally. This logistics model allows businesses to focus on their core competencies while entrusting operational logistics to specialized providers. The flexibility and scalability offered by 3PL services make them particularly attractive for businesses looking to expand into new markets without committing significant capital investments in logistics infrastructure.The global 3PL market has seen substantial growth, driven by the increasing complexity of supply chains and the expansion of e-commerce. Businesses face heightened pressure to deliver products faster and more reliably across diverse geographies. This demand has led to a greater reliance on 3PL providers who can offer comprehensive, end-to-end supply chain solutions that address the challenges of global distribution and omni-channel sales strategies. Ongoing proliferation of omni-channel retailing, or multi-channel retailing, is driving momentum in the 3PL market. Omni-channel retailing leverages multiple channels such as retail stores, e-commerce platforms, teleshopping mediums and catalogue sales to engage and serve more number of customers. Additionally, 3PL services have become more appealing as companies seek to manage fluctuating demand more effectively, particularly in response to seasonal peaks or unexpected disruptions, such as those experienced during global crises. Technology plays a crucial role in this sector, with advancements in logistics software, automated warehousing, and data analytics enhancing the service offerings of 3PL providers, making them integral to modern supply chain strategies.
The growth in the 3PL market is driven by several factors, including technological innovations, globalization of supply chains, and changing consumer expectations. Technological advancements, such as the implementation of artificial intelligence, machine learning, and the Internet of Things (IoT), have transformed logistics operations, enabling 3PL providers to offer more efficient, accurate, and personalized services. The globalization of supply chains has compelled companies to seek 3PL partners that can navigate international logistics complexities, including compliance with diverse regulatory environments and managing logistics in varying market conditions. Moreover, consumer expectations for rapid delivery and real-time tracking have pressured companies to rely on 3PL providers that can incorporate advanced technology into their logistics operations to deliver a seamless and transparent customer experience. These drivers ensure that 3PL services remain crucial for businesses aiming to maintain competitive advantage in a fast-evolving marketplace.
Scope of Study:
The report analyzes the Third Party Logistics (3PL) market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Service Type (DTM, ITM, DCC/FF, W&D, and VALs); Transport Type (Roadways, Railways, Waterways, and Airways); and End-Use (Manufacturing, Retail, Healthcare, Automotive, and Other End-Uses)
- Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the DTM segment, which is expected to reach US$657.5 Billion by 2030 with a CAGR of a 8.8%. The ITM segment is also set to grow at 8.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $273.4 Billion in 2024, and China, forecasted to grow at an impressive 10.3% CAGR to reach $488.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Third Party Logistics (3PL) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Third Party Logistics (3PL) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Third Party Logistics (3PL) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as 24/7 Express Logistics, Inc., 3GTMS, Inc., Allcargo Logistics Ltd., Allen Lund Company, American Global Logistics LLC and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 477 companies featured in this Third Party Logistics (3PL) market report include:
- 24/7 Express Logistics, Inc.
- 3GTMS, Inc.
- Allcargo Logistics Ltd.
- Allen Lund Company
- American Global Logistics LLC
- Americold
- APL Logistics Ltd.
- Arshiya Ltd.
- Anderson Trucking Service, Inc.
- Barloworld Logistics
- Atlanta Bonded Warehouse Corporation
- Atlas Logistics
- Automated Logistics Systems, Inc.
- Ascent Global Logistics
- Agility Public Warehousing Company KSCP
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 24/7 Express Logistics, Inc.
- 3GTMS, Inc.
- Allcargo Logistics Ltd.
- Allen Lund Company
- American Global Logistics LLC
- Americold
- APL Logistics Ltd.
- Arshiya Ltd.
- Anderson Trucking Service, Inc.
- Barloworld Logistics
- Atlanta Bonded Warehouse Corporation
- Atlas Logistics
- Automated Logistics Systems, Inc.
- Ascent Global Logistics
- Agility Public Warehousing Company KSCP
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 1344 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 1.1 Trillion |
| Forecasted Market Value ( USD | $ 1.9 Trillion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
