World Third Party Logistics (3PL) Market - Opportunities and Forecasts, 2014-2022

  • ID: 3774249
  • Report
  • Region: Global
  • 150 pages
  • Allied Analytics LLP
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World Third Party Logistics (3PL) Market is expected to Reach $1,110 Billion, Globally, by 2022

FEATURED COMPANIES

  • C.H. Robinson
  • DB Schenker logistics
  • FedEx Corporation
  • Geodis
  • Kintetsu World express
  • Kuehne+NagelInc.
  • MORE
Third Party Logistics (3PL) is the function by which a manufacturer outsources activities related to logistics and distribution. Often a 3PL company can go beyond just logistics and distribution and can provide specialized services such as inventory management, cross-docking, door to door delivery and packaging of products. The market for this service is expected to witness growth at good pace owing to its use in todays competitive environment. Moreover, the demand is expected to rise due to increase in the focus of manufacturer and retailers on their core business (known as core competencies) and subcontracting activities, such as logistics where they have less expertise. Thus, the increase in the competition has diverted the focus of manufacturer to promote respective specializations in production and distribution.

Increase in the globalization helped in setting up a worldwide network of manufacturing activities. To maintain it efficiently, the demand of 3PL companies is expected to rise. The scope of 3PL services is expected to increase 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. Increase in the e-commerce industry and reverse logistics operations are also driving the market of 3PL industry. However, loss of direct control on the logistics service and potential loss of reputation are the most critical factors, which are likely to restrict the growth of this market. The market of 3PL is still fragmented, with plenty of room for growth. With number of orders increasing in small amount of time the opportunity or challenge to the 3PL companies will be to meet the demand by completing more orders at lower cost with the help of multi-channel distribution.

The report segments the 3PL market on the basis of mode of transport, service type and geography. On the basis of mode of transport, the market is segmented into roadways, railways, airways and waterways. On the basis of service type, the market is segmented into dedicated contract carriage (DCC), domestic transportation management, International transportation management, warehousing and distribution, others (IT services and logistics software). Geographical breakdown is done as North America (U.S., Mexico and Canada), Europe (U.K., France, Germany, Italy and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia and Rest of Asia-Pacific) and LAMEA (Latin America, Middle East and Africa).

Increasing in the trading activities globally due to globalization

Increase in the number of trading activities due to globalization. The major force driving this growth is the growth of global economy and relaxation of trade barriers. Corporations across the world are increasing manufacturing, sourcing, warehousing and distribution at global scale making their supply chain complex for them to manage.

Increase in the focus of manufactures and retailers on core competencies

Increasing focus of retailers and manufacturers on their core business to promote the respective specialisation in production and distribution is increasing sub contracting activities such as logistics.

Different countries policies and regulations differs

Awareness about rules and regulations of different countries is difficult to maintain. Therefore, 3PL service providers having more awareness about policies and regulations make their work easy which increases their efficiency.

Evolution of e-commerce industry

Increase in the technological advancement has led to the growth of e-commerce industry around the globe. Many e-commerce service providers have expanded their services by integrating shipping service with public and contract warehousing as well as freight management.

Increase in Reverse logistics operations

Increase in demand for repairs, re-manufacturing, returns etc have increased over a period of time as a result of which manufactures and retailers are not able to cope up effectively with reverse logistics. Therefore, they outsource to 3PL service providers to effectively and efficiently provide this service.

Reduction in control on logistics serviceManufactures rely on core competencies, reliability and honesty of 3PL service providers and its staff. Mode of communication between manufacturer and 3PL service provider remains through phone or e-mail.

Risk in potential loss of reputation

As there is no direct control over the logistics service, it is difficult to keep check on service provider. Any delay or damage from their side will create negative impact on customers about the manufacturer as they have placed order with the manufactures, so they find that its sole responsibility of manufacturer to deliver the quality order they placed.

Some of the key players in 3PL market at global stage are 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.

Key benefits of the study
- Comprehensive analysis of the current and the future trends in the global 3PL market have been provided in this report
- Geographically the global market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA
- In depth analysis has been done in this report by constructing market estimations for the key market segments from 2014-2022
- This report provides the quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities
- Porters five forces analysis is performed on 3PL services highlighting the factors which might affect the present and future market of 3PL companies
- Competitive intelligence of leading providers of 3PL services helps in understanding the competitive scenario across the geographies.

THIRD PARTY LOGISTICS (3PL) MARKET SEGMENTS

The market is segmented on the basis of service type and geography.

MARKET BY MODE OF TRANSPORT

- Roadways
- Railways
- Airways
- Waterways

Market By Service Type

- Dedicated Contract Carriage (DCC)
- Domestic Transportation Management
- International Transportation Management
- Warehousing and Distribution
- Others (IT services and Logistics Software)

Market By Geography

North America
- U.S.
- Mexico
- Canada

Europe
- U.K.
- Germany
- France
- Italy
- Rest of Europe

Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific

LAMEA
- Latin America
- Middle East
- Africa

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FEATURED COMPANIES

  • C.H. Robinson
  • DB Schenker logistics
  • FedEx Corporation
  • Geodis
  • Kintetsu World express
  • Kuehne+NagelInc.
  • MORE
Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key market segments
1.3 Research methodology

1.3.1 Secondary research
1.3.2 Primary research
1.3.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 Overview
2.2 World 3PL Market Snapshot
2.3 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key Findings

3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Porters five forces analysis

3.3.1 High bargaining power of suppliers due to limited number of high quality service providers and high switching cost
3.3.2 Moderate bargaining power of buyer due to high demand, and limited players that provide quality service
3.3.3 Availability of substitutes and high cost increases threat of substitutes
3.3.4 Moderate threat of new entrants due to high entry barriers raised by existing dominant players
3.3.5 Presence of few major players, high brand loyalty, high switching cost increases the competition among rivalries

3.4 Market share analysis, 2015
3.5 Drivers

3.5.1 Increase in trading activities due to globalisation
3.5.2 Manufacturers and retailers focus on core competencies is increasing
3.5.3 Increase in the e-commerce industry and reverse logistics operations

3.6 Restraints

3.6.1 Risk to goodwill of manufacturer
3.6.2 Reduction in control of manufacturer on logistics service

3.7 Opportunities

3.7.1 Use of IT solutions and software
3.7.2 Cost cutting and lead time reduction due to adoption of multi-modal system

Chapter: 4 WORLD 3PL MARKET, BY MODE OF TRANSPORT

4.1 Introduction
4.2 Roadways

4.2.1 Key Market Trends
4.2.2 Key Growth Factors And Opportunities
4.2.3 Market Size And Forecast
4.2.4 North America 3pl Market, By Roadways ($Million), Growth (%) 2014-2022
4.2.5 Europe 3pl Market, By Roadways ($Million), Growth (%) 2014-2022
4.2.6 Asia-Pacific 3pl Market, By Roadways ($Million), Growth (%) 2014-2022
4.2.7 Lamea 3pl Market, By Roadways, ($Million), Growth (%) 2014-2022

4.3 Railways

4.3.1 Key Market Trends
4.3.2 Key Growth Factors And Opportunities
4.3.3 Market Size And Forecast
4.3.4 North America 3pl Market, By Railways($Million), Growth (%) 2014-2022
4.3.5 Europe 3pl Market, By Railways ($Million), Growth (%) 2014-2022
4.3.6 Asia-Pacific 3pl Market, By Railways ($Million), Growth (%) 2014-2022
4.3.7 Lamea 3pl Market, By Railways ($Million), Growth (%) 2014-2022
4.4 Airways

4.4.1 Key Market Trends
4.4.2 Key Growth Factors And Opportunities
4.4.3 Market Size And Forecast
4.4.4 North America 3pl Market, By Airways ($Million), Growth (%) 2014-2022
4.4.5 Europe 3pl Market, By Airways ($Million), Growth (%) 2014-2022
4.4.6 Asia-Pacific 3pl Market, By Airways ($Million), Growth (%) 2014-2022
4.4.7 Lamea 3pl Market, By Airways ($Million), Growth (%) 2014-2022

4.5 Waterways

4.5.1 Key Market Trends
4.5.2 Key Growth Factors And Opportunities
4.5.3 Market Size And Forecast
4.5.4 North America 3pl Market, By Waterways, ($Million), Growth (%) 2014-2022
4.5.5 Europe 3pl Market, By Waterways ($Million), Growth (%) 2014-2022
4.5.6 Asia-Pacific 3pl Market, By Waterways ($Million), Growth (%) 2014-2022
4.5.7 Lamea 3pl Market, By Waterways ($Million), Growth (%) 2014-2022

CHAPTER: 5 WORLD 3PL MARKET, BY SERVICE TYPE

5.1 Introduction
5.2 Dedicated Contract Carriage (Dcc)

5.2.1 Key Market Trends
5.2.2 Key Growth Factors And Opportunities
5.2.3 Market Size And Forecast
5.2.4 North America 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
5.2.5 Europe 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
5.2.6 Asia Pacific 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
5.2.7 Lamea 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022

5.3 Domestic Transportation Management

5.3.1 Key Market Trends
5.3.2 Key Growth Factors And Opportunities
5.3.3 Market Size And Forecast
5.3.4 North America 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
5.3.5 Europe 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
5.3.6 Asia Pacific 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
5.3.7 Lamea 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
5.4 International Transportation Management

5.4.1 Key Market Trends
5.4.2 Key Growth Factors And Opportunities
5.4.3 Market Size And Forecast
5.4.4 North America 3pl Market, By International Transportation Management ($Million), Growth (%) 2014-2022
5.4.5 Europe 3pl Market, By International Transportation Management ($Million), Growth (%) 2014-2022
5.4.6 Asia Pacific 3pl Market, By International Transportation Management($Million), Growth (%) 2014-2022
5.4.7 Lamea 3pl Market, By International Transport Management ($Million), Growth (%) 2014-2022

5.5 Warehouse & Distribution Management

5.5.1 Key Market Trends
5.5.2 Key Growth Factors And Opportunities
5.5.3 Market Size And Forecast
5.5.4 North America 3pl Market, By Warehouse And Distribution Management ($Million), Growth (%) 2014-2022
5.5.5 Europe 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
5.5.6 Asia Pacific 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
5.5.7 Lamea 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022

5.6 Others (It Service And Logistics Software)

5.6.1 Key Market Trends
5.6.2 Key Growth Factors And Opportunities
5.6.3 Market Size And Forecast
5.6.4 North America 3pl Market, By Others ($Million), Growth (%) 2014-2022
5.6.5 Europe 3pl Market, By Others($Million), Growth (%) 2014-2022
5.6.6 Asia Pacific 3pl Market, By Others($Million), Growth (%) 2014-2022
5.6.7 Lamea 3pl Market, By Others($Million), Growth (%) 2014-2022

CHAPTER: 6 WORLD 3PL MARKET, BY GEOGRAPHY

6.1 Introduction
6.2 North America

6.2.1 Key Market Trends
6.2.2 Key Growth Factors And Opportunities
6.2.3 Market Size And Forecast
6.2.4 U.S. 3pl Market, ($Million), Growth (%) 2014-2022
6.2.5 Canada 3pl Market, ($Million), Growth (%) 2014-2022
6.2.6 Mexico 3pl Market, ($Million), Growth (%) 2014-2022

6.3 Europe

6.3.1 Key Market Trends
6.3.2 Key Growth Factors And Opportunities
6.3.3 Market Size And Forecast.
6.3.4 U.K. 3pl Market, ($Million), Growth (%) 2014-2022
6.3.5 Germany 3pl Market, ($Million), Growth (%) 2014-2022
6.3.6 France 3pl Market, ($Million), Growth (%) 2014-2022
6.3.7 Italy 3pl Market, ($Million), Growth (%) 2014-2022
6.3.8 Rest Of Europe 3pl Market, ($Million), Growth (%) 2014-2022

6.4 Asia-Pacific

6.4.1 Key Market Trends
6.4.2 Key Growth Factors And Opportunities
6.4.3 Market Size And Forecast
6.4.4 China 3pl Market, ($Million), Growth (%) 2014-2022
6.4.5 India 3pl Market, ($Million), Growth (%) 2014-2022
6.4.6 Japan 3pl Market, ($Million), Growth (%) 2014-2022
6.4.7 Australia 3pl Market, ($Million), Growth (%) 2014-2022
6.4.8 South Korea 3pl Market, ($Million), Growth (%) 2014-2022
6.4.9 Rest Of Asia-Pacific 3pl Market, ($Million), Growth (%) 2014-2022

6.5 Lamea

6.5.1 Key Market Trends
6.5.2 Key Growth Factors And Opportunities
6.5.3 Market Size And Forecast
6.5.4 Latin America 3pl Market, ($Million), Growth (%) 2014-2022
6.5.5 The Middle East 3pl Market, ($Million), Growth (%) 2014-2022
6.5.6 Africa 3pl Market, ($Million), Growth (%) 2014-2022

Chapter: 6 World 3pl Market, By Geography

6.1 Introduction
6.2 North America

6.2.1 Key Market Trends
6.2.2 Key Growth Factors And Opportunities
6.2.3 Market Size And Forecast
6.2.4 U.S. 3pl Market, ($Million), Growth (%) 2014-2022
6.2.5 Canada 3pl Market, ($Million), Growth (%) 2014-2022
6.2.6 Mexico 3pl Market, ($Million), Growth (%) 2014-2022

6.3 Europe

6.3.1 Key Market Trends
6.3.2 Key Growth Factors And Opportunities
6.3.3 Market Size And Forecast.
6.3.4 U.K. 3pl Market, ($Million), Growth (%) 2014-2022
6.3.5 Germany 3pl Market, ($Million), Growth (%) 2014-2022
6.3.6 France 3pl Market, ($Million), Growth (%) 2014-2022
6.3.7 Italy 3pl Market, ($Million), Growth (%) 2014-2022
6.3.8 Rest Of Europe 3pl Market, ($Million), Growth (%) 2014-2022

6.4 Asia-Pacific

6.4.1 Key Market Trends
6.4.2 Key Growth Factors And Opportunities
6.4.3 Market Size And Forecast
6.4.4 China 3pl Market, ($Million), Growth (%) 2014-2022
6.4.5 India 3pl Market, ($Million), Growth (%) 2014-2022
6.4.6 Japan 3pl Market, ($Million), Growth (%) 2014-2022
6.4.7 Australia 3pl Market, ($Million), Growth (%) 2014-2022
6.4.8 South Korea 3pl Market, ($Million), Growth (%) 2014-2022
6.4.9 Rest Of Asia-Pacific 3pl Market, ($Million), Growth (%) 2014-2022

6.5 Lamea

6.5.1 Key Market Trends
6.5.2 Key Growth Factors And Opportunities
6.5.3 Market Size And Forecast
6.5.4 Latin America 3pl Market, ($Million), Growth (%) 2014-2022
6.5.5 The Middle East 3pl Market, ($Million), Growth (%) 2014-2022
6.5.6 Africa 3pl Market, ($Million), Growth (%) 2014-2022

List of Figures
Fig. 1 Top Impacting Factors
Fig. 2 Top Winning Strategies In The 3pl Market (20132016)
Fig. 3 Top Winning Strategies (%) (20132016)
Fig. 4 Top Investment Pockets
Fig. 5 Porters Five Forces Analysis Of 3pl Market
Fig. 6 Company Market Share Analysis Of 3pl Market, 2015
Fig. 7 World Trade Activities, 2009-2015 ($ Millions)
Fig. 8 Number Of E-Commerce Transactions Worldwide (In Billions)
Fig. 9 Various Factors Posing Threat To Manufacturers And Retailers (Sales Return In Us$ Billion For Year 2014-2015)
Fig. 10 Reducing It Gap,2008-2014 (In Percentage)
Fig. 11 World 3pl Market By Mode Of Transport(%), 2015
Fig. 12 Fig.2 World 3pl Market, By Roadways, Year On Year Growth(%),2015-2022
Fig. 13 World 3pl Market, By Railways, Year On Year Growth (%) 2015-2022
Fig. 14 World 3pl Market, By Airways, Year On Year Growth (%) 2015-2022
Fig. 15 World 3pl Market, By Waterways, Year On Year Growth (%) 2015-2022
Fig. 16 World 3pl Market By Service Type, 2015
Fig. 17 World 3pl Market, By Dedicated Contract Carriage, Year On Year Growth (%),2015-2022
Fig. 18 World 3pl Market, By Domestic Transportation Management, Year On Year Growth (%), 2015-2022
Fig. 19 World 3pl Market, By International Transport Management, Year On Year Growth (%), 2015-2022
Fig. 20 World 3pl Market, By Warehouse And Distribution Management, Year On Year Growth(%), 2015-2022
Fig. 21 World 3pl Market, By Others, Year On Year Growth (%), 2015-2022
Fig. 22 World 3pl Market By Geography, 2015
Fig. 23 World 3pl Market, By Europe Region, Year On Year Growth(%), 2015-2022
Fig. 24 World 3pl Market, By Asia Pacific Region, Year On Year Growth(%), 2015-2022
Fig. 25 World 3pl Market, By Lamea, Year On Year Growth (%), 2015-2022

List of Tables
Table 1 World 3pl Market Snapshot
Table 2 World 3pl Market, By Roadways ($Million), Growth (%)2014-2022
Table 3 North America 3pl Market, By Roadways ($Million), Growth (%) 2014-2022
Table 4 Europe 3pl Market, By Roadways ($Million), Growth (%) 2014-2022
Table 5 Asia-Pacific 3pl Market, By Roadways ($Million), Growth (%) 2014-2022
Table 6 Lamea 3pl Market, By Roadways, ($Million), Growth (%) 2014-2022
Table 7 World 3pl Market, By Railways ($Million), Growth (%)2014-2022
Table 8 North America 3pl Market, By Railways ($Million), Growth (%) 2014-2022
Table 9 Europe 3pl Market, By Railways ($Million), Growth (%) 2014-2022
Table 10 Asia-Pacific 3pl Market, By Railways ($Million), Growth (%) 2014-2022
Table 11 Lamea 3pl Market, By Railways ($Million), Growth (%) 2014-2022
Table 12 World 3pl Market, By Airways ($Million), Growth (%)2014-2022
Table 13 North America 3pl Market, By Airways ($Million), Growth (%) 2014-2022
Table 14 Europe 3pl Market, By Airways ($Million), Growth (%) 2014-2022
Table 15 Asia-Pacific 3pl Market, By Airways ($Million), Growth (%) 2014-2022
Table 16 Lamea 3pl Market, By Airways ($Million), Growth (%) 2014-2022
Table 17 World 3pl Market, By Waterways ($Million), Growth (%)2014-2022
Table 18 North America 3pl Market, By Waterways ($Million), Growth (%) 2014-2022
Table 19 Europe 3pl Market, By Waterways ($Million), Growth (%) 2014-2022
Table 20 Asia -Pacific 3pl Market, By Waterways ($Million), Growth (%) 2014-2022
Table 21 Lamea 3pl Market, By Waterways ($Million), Growth (%) 2014-2022
Table 22 World 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%)2014-2022
Table 23 North America 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
Table 24 Europe 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
Table 25 Asia Pacific 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
Table 26 Lamea 3pl Market, By Dedicated Contract Carriage ($Million), Growth (%) 2014-2022
Table 27 World 3pl Market, By Domestic Transportation Management ($Million), Growth (%)2014-2022
Table 28 North America 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
Table 29 Europe 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
Table 30 Asia Pacific 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
Table 31 Lamea 3pl Market, By Domestic Transportation Management ($Million), Growth (%) 2014-2022
Table 32 World 3pl Market, By International Tourism Management ($Million), Growth (%)2014-2022
Table 33 North America type B Market, ($Million), Growth (%) 2014-2022
Table 34 Europe 3pl Market, By International Transportation Management ($Million), Growth (%) 2014-2022
Table 35 Asia Pacific 3pl Market, By International Transportation Management ($Million), Growth (%) 2014-2022
Table 36 Lamea 3pl Market, By International Transport Management ($Million), Growth (%) 2014-2022
Table 37 World 3pl Market, By Warehouse And Distribution Management ($Million), Growth (%) 2014-2022
Table 38 North America 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
Table 39 Europe 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
Table 40 Asia Pacific 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
Table 41 Lamea 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
Table 42 World 3pl Market, By Others ($Million), Growth (%)2014-2022
Table 43 North America 3pl Market, By Warehouse And Distribution ($Million), Growth (%) 2014-2022
Table 44 Europe 3pl Market, By Others, Growth (%) 2014-2022
Table 45 Asia Pacific 3pl Market, By Others ($Million), Growth (%) 2014-2022
Table 46 Lamea 3pl Market, By Others ($Million), Growth (%) 2014-2022
Table 47 North America 3pl Market, ($Million), Growth (%)2014-2022
Table 48 U.S. 3pl Market, ($Million), Growth (%) 2014-2022
Table 49 Canada 3pl Market, ($Million), Growth (%) 2014-2022
Table 50 Mexico 3pl Market, ($Million), Growth (%) 2014-2022
Table 51 Europe 3pl Market, ($Million), Growth (%)2014-2022
Table 52 U.K. 3pl Market, ($Million), Growth (%) 2014-2022
Table 53 Germany 3pl Market, ($Million), Growth (%) 2014-2022
Table 54 France 3pl Market, ($Million), Growth (%) 2014-2022
Table 55 Italy 3pl Market, ($Million), Growth (%) 2014-2022
Table 56 Rest Of Europe 3pl Market, ($Million), Growth (%) 2014-2022
Table 57 Asia-Pacific 3pl Market, ($Million), Growth (%)2014-2022
Table 58 China 3pl Market, ($Million), Growth (%) 2014-2022
Table 59 India 3pl Market, ($Million), Growth (%) 2014-2022
Table 60 Japan 3pl Market, ($Million), Growth (%) 2014-2022
Table 61 Australia 3pl Market, ($Million), Growth (%) 2014-2022
Table 62 South Korea 3pl Market, ($Million), Growth (%) 2014-2022
Table 63 Rest Of Asia-Pacific 3pl Market, ($Million), Growth (%) 2014-2022
Table 64 Lamea 3pl Market, ($Million), Growth (%)2014-2022
Table 65 Latin America 3pl Market, ($Million), Growth (%) 2014-2022
Table 66 The Middle East 3pl Market, ($Million), Growth (%) 2014-2022
Table 67 Africa 3pl Market, ($Million), Growth (%) 2014-2022
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FEATURED COMPANIES

  • C.H. Robinson
  • DB Schenker logistics
  • FedEx Corporation
  • Geodis
  • Kintetsu World express
  • Kuehne+NagelInc.
  • MORE
According to new research report titled World Third Party Logistics (3PL) Market, the global third party logistics market is expected to reach $1,110 billion, registering a CAGR of 5.16% during the forecast period 2016-2022. In 2015, Asia Pacific accounted for the largest revenue share of about 36%, followed by North America. The strong roadways segment in the Asia Pacific region, which processes highest volume of goods transported, invariably supported the growth of 3PL market in the region.

3PL constitutes outsourced activities related to logistics, warehousing and distribution. 3PL services go beyond logistics and include value-addition to the entire process from procurement of goods to the distribution of furnished products to the consumers establishing an effective and efficient supply chain. Moreover, advanced IT solutions like EDI (Electronic Data Interchange) and VMI (Vendor Managed Inventory) among others are enhancing the growth of 3PL market.

The world 3PL market is poised to witness significant growth during the forecast period owing to increase in e-commerce industry and trade activities globally and inclination of manufactures and retailers towards enhancing their profitability. Moreover, government regulations across different countries are increasing the demand of 3PL across various industries. However, factors such limited control on outsourced activities and inefficiency of 3PL service provider to an extent is hampering the growth of this market.

3PL market, based on the service type, is segmented into dedicated contract carriage, domestic transport management, international transport management, warehouse & distribution and others (IT services and logistics software). International transportation management and domestic transportation segments collectively accounted for about two-third share. Others constituting IT services and logistics software is expected to register a substantial growth of 5.72% over the forecast period.

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- Asia-Pacific is estimated to account the largest market share and would register a CAGR of 6.67%
- Roadways and railways are expected to be the major mode of transportation used by 3PL companies
- Countries like China are using double decked goods train to increase the quantity of goods transported

Increase in free trade agreements between different countries is evolving the market of 3PL. Asia Pacific is expected to be the largest as well as fastest growing region and would grow at a CAGR of 6.67% during the forecast period. In 2014, China dominated the regions market and accounted for more than 50% of 3PL market in Asia Pacific , whereas India is anticipated to grow at the highest CAGR of 8.13% during the forecast period.

Growth in trade activities around the globe and increase in the e-commerce industry have led to an increase in the number of 3PL companies. Moreover, technological advancement and use of IT solutions are expected to drive the market during the forecast period. The key companies profiled in this report include FedEx Corporation, DB Schenker logistics, Kintetsu World express, Kuehne+NagelInc., Penske, C.H. Robinson, Geodis, Maersk logistics, Panalpina World Transport Ltd., and Yusen Logistics Co. Ltd.
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- C.H. Robinson
- DB Schenker logistics
- FedEx Corporation
- Geodis
- Kintetsu World express
- Kuehne+NagelInc.
- Maersk logistics
- Panalpina World Transport Ltd.
- Penske
- Yusen Logistics Co. Ltd.
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