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Global Contract Logistics Industry 2023

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  • 117 Pages
  • June 2023
  • Region: Global
  • TI Insight
  • ID: 5402520

Inflation, increased competition and strained warehousing space creates increasingly challenging environment for contract logistics providers.

The last 12 months has brought an increasingly challenging operating environment for contract logistics providers. High inflation, softened demand, increased competition and strained warehousing space has created a potent mix of industry challenges.

Global Contract Logistics 2023, examines current and future market trends and breaks down the publisher's brand new market size, forecast and segmentation data for 2022, 2023 through to 2027. The report also examines the publisher's State of the Logistics survey results and provides competitive analysis and Top 10 rankings.

Use the report to plan for the rest of 2023 through to 2027 and navigate increasingly challenging market dynamics.

This report contains:

  • 2022 market sizes, and forecasts for 2023 through to 2027, split by region, country and market segment
  • Contract logistics trend analysis, including supply and demand factors, supply chain disruption, innovation, M&A activity, vertical sector influences and economic activity
  • Analysis of the publisher's State of the Contract Logistics Market Survey results
  • Competitive analysis
  • In depth company profiles
  • Top 10 rankings

Key Findings:

  • In 2022 the market grew by just 2.9% y-o-y
  • The publisher projects the market will exhibit a slightly quicker pace of growth in 2023, growing by 3.8% y-o-y
  • 2023 growth will be driven by Asia Pacific, which is forecast to grow 7.8%
  • Out to 2027, the market will grow at a CAGR of 4.1%
  • 90% of survey respondents are currently experiencing increased pressure on margins
  • The main factor driving increased margin pressure is increasing costs
  • DHL Supply Chain has continued to maintain its place as the global market leader in contract logistics
  • Warehouse robotics are a popular choice among providers, driven by the flourishing e-commerce landscape

Key Questions:

  • How fast is the market expected to grow over the next 5 years?
  • Will Asia Pacific continue to drive global growth in 2027?
  • Whats the future for warehousing? Which technologies will dominate the industry?
  • What are the key challenges currently facing the industry?
  • How are operators mitigating limited warehousing space and increasing competition?
  • What are the key logistics technology trends for the next 12 months?
  • Who are the Top 10 3PL providers?
  • What sustainability efforts are the leading industry players adopting?
  • What's the secret to an exceptional value proposition?

This report is perfect for:

  • C-level executives at logistics companies and shippers
  • VP and Directors responsible for contract logistics services
  • Marketing managers at logistics companies
  • Logistics and supply chain procurement staff at shippers
  • Logistics and supply chain managers at shippers
  • Consultants working in the contract logistics market
  • Financial analysts with interests in the contract logistics market
  • Supply chain analysts at logistics companies
  • Investors
  • Knowledge managers

Table of Contents

1. Market Sizing
1.1 Overview
1.2 Supply and Demand
1.3 Global
1.4 Asia-Pacific
1.5 North America
1.6 Europe
1.7 Segmentation
1.7.1 Distribution
1.7.2 Warehousing
1.7.3 Value-Added Services

2. Market Trends
2.1 State of the Contract Logistics Market Survey: 2023
2.1.1 Sample Characteristics
2.1.2 Revenue Split
2.1.3 Margins
2.1.4 Challenges
2.1.5 E-Commerce Outsourcing Trends Challenges
2.2 Warehousing: State of the Market
2.2.1 Warehousing Availability and Cost of Space North America Europe Asia-Pacific
2.2.2 Cost of Labour North America Europe Asia-Pacific
2.3 M&A in the Contract Logistics Market: 2023
2.3.1 GXO
2.3.2 Ryder
2.3.3 DHL
2.3.4 CMA CGM
2.3.5 Maersk
2.3.6 Geodis
2.3.7 Outlook
2.4 Robotics and Automation in the Warehouse
2.4.2 Factors Affecting Warehouse Automation in 2023 and Beyond
2.4.3 Up-And-Coming Warehouse Technology

3. Competitive Landscape
3.1 Market Positioning of Contract Logistics Companies
3.1.1 Vertical Sectors Served
3.1.2 Geographic Coverage
3.1.3 Profit Margins
3.1.4 Comparison of Value-Added Services
3.1.5 Comparison of Global Warehousing Space
3.1.6 Comparison of Technology and Robotics Solutions Employed by Contract Logistics Providers
3.1.7 Comparison of Sustainability Targets
3.2 Top 10

4. Companies Profiled
4.1 GXO
4.2 Ryder
4.3 Kuehne + Nagel
4.4 UPS
4.5 DSV
4.6 Geodis
4.7 DHL
4.8 Nippon Express
4.9 Logisteed
4.10 LX Pantos
4.11 Rhenus
4.12 Ceva

5. Market Forecast
5.1 Global
5.1.1 2023
5.1.2 2027
5.2.1 2023
5.2.2 2027
5.3 North America
5.3.1 2023
5.3.2 2027
5.4 Europe
5.4.1 2023
5.4.2 2027

About the PublisherLicence and Copyright

Executive Summary

After contracting by 3.3% in 2020, the global contract logistics market grew by 8.7% year-on-year in 2021, surpassing its pre-pandemic market value. Market expansion was driven largely by pent-up demand and savings growth in the face of restrictions on activity, as well as global trade and recovering manufacturing. 

The e-commerce vertical was also a big growth driver during 2021, as the COVID-19 pandemic accelerated digital transformation and global internet penetration.

As the growth drivers gradually abate and the economy weakens, global trade growth is expected to moderate in 2022. As a result, the global contract logistics market is expected to grow at a slower pace of 7.1% y-o-y. 

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • GXO
  • Ryder
  • Kuehne + Nagel
  • UPS
  • DSV
  • Geodis
  • DHL
  • Nippon Express
  • Logisteed
  • LX Pantos
  • Rhenus
  • Ceva