Global Third-Party Logistics industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A third-party logistics (3PL) is a partner or service that helps merchants manage their supply chain. 3PL providers do not own the products for distribution but are legally bound and responsible for performing the logistics activities requested by the purchasing company. Its services include warehouse and inventory management, shipping coordination, order fulfillment, distribution, exchanges, and returns.
- The global third-party logistics market recorded revenues of $892.6 billion in 2024, representing a negative compound annual growth rate (CAGR) of 3.2% between 2019 and 2024.
- The manufacturing segment accounted for the market's largest proportion in 2024, with total revenues of $474.5 billion, equivalent to 53.2% of the market's overall value.
- In 2024, the global 3PL market recorded an annual growth of 1.0%. The market growth recovered due to the rise in the export of manufactured goods. According to the World Trade Organization (WTO), in 2024, Chinese and US manufactured goods exports reached $3.2 trillion and $1.3 trillion, respectively, up 1.9% and 5.8% annually.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the third-party logistics market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globalthird-party logistics market
- Leading company profiles reveal details of key third-party logistics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global third-party logistics market with five year forecasts
Reasons to Buy
- What was the size of the Global third-party logistics market by value in 2024?
- What will be the size of the Global third-party logistics market in 2029?
- What factors are affecting the strength of competition in the Global third-party logistics market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's third-party logistics market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- United Parcel Service Inc
- FedEx Corp
- DHL Group
- CEVA Logistics SA
- SF Holdings Co Ltd
