Third-party Logistics Market Analysis and Forecast to 2031: By Mode of Transportation (Railways, Roadways, Waterways, Airways), Service Type (Dedicated Contract Carriage (DCC), Domestic Transportation Management, International Transportation Management, Warehousing & Distribution, Others), and Region
Third-party logistics (3PL) is a service in which a company outsources its logistics and distribution operations to another company. 3PL providers typically handle a company’s warehousing, transportation, and sometimes even packaging and order fulfillment. 3PL providers are used by companies that do not have the resources or expertise to handle their own logistics operations.
Key Trends
There are several key trends in third-party logistics technology. First, there is an increasing focus on cloud-based solutions. This allows logistics providers to offer their customers more flexibility and scalability. Additionally, there is a growing trend toward the use of artificial intelligence (AI) and machine learning.
These technologies can help logistics providers to optimize their operations and improve customer service. Finally, there is an increasing emphasis on the need for data security. This is especially important for logistics providers who handle sensitive customer information.
Key Drivers
The key drivers of the third-party logistics market are:
1. The need for efficient and cost-effective logistics solutions: Businesses are always looking for ways to reduce costs and increase efficiency. Third-party logistics providers offer cost-effective and efficient solutions that can help businesses save time and money.
2. The growth of e-commerce: The growth of e-commerce has led to an increase in the demand for third-party logistics services. E-commerce businesses need third-party logistics providers to handle their warehousing, fulfillment, and shipping needs.
3. The globalization of business: As businesses expand into new markets, they need third-party logistics providers to help them navigate the complexities of international shipping.
4. The increasing complexity of the supply chain: The supply chain has become more complex as businesses have expanded their operations. Third-party logistics providers offer the expertise and resources that businesses need to manage their supply chains effectively.
Restraints & Challenges
The key restraints and challenges in Third-party Logistics market are:
1. Lack of standardized contracts: There is a lack of standardized contracts in the third-party logistics market, which makes it difficult to compare and choose service providers. This also makes it difficult to enforce contracts and hold service providers accountable for their performance.
2. Lack of transparency: There is a lack of transparency in the third-party logistics market, which makes it difficult to compare prices and service levels. This also makes it difficult to track shipments and monitor service levels.
3. Fragmented market: The third-party logistics market is fragmented, with a large number of small service providers. This makes it difficult to find a service provider that can meet all of your needs.
4. High costs: Third-party logistics services can be expensive, especially if you need to ship large or heavy items.
Market Segmentation
The 3PL market is segmented by mode of transportation, service type and region. By mode of transportation, the market is classified into railways, roadways, waterways, and airways. By service type, the market is divided into dedicated contract carriage (DCC), domestic transportation management, international transportation management, warehousing & distribution and others. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
Some of the key players operating in the 3PL market include C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GmbH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad and DSV.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Third-party Logistics Market Outlook
3.1. Third-party Logistics Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Third-party Logistics Market
Chapter 4. Economic Impact of COVID-19 on Third-party Logistics Market
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Third-party Logistics Market
4.3. Economic Impact Analysis
Chapter 5. Third-party Logistics Market by Mode Of Transport
5.1. Market Overview
5.2. Railways
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Roadways
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Waterways
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Airways
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Third-party Logistics Market by Service Type
6.1. Market Overview
6.2. Dedicated Contract Carriage (DCC)
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Domestic Transportation Management
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. International Transportation Management
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Warehousing &Distribution
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.6. Others
6.6.1. Market Size and Forecast, 2021-2031 ($Million)
6.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Third-party Logistics Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.2.3. North America Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.2.4. North America Third-party Logistics Market Size and Forecast by Country, 2021-2031, ($Million)
7.2.5. The U.S.
7.2.5.1. The U.S. Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.2.5.2. The U.S. Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.2.6. Canada
7.2.6.1. Canada Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.2.6.2. Canada Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.2.7. Mexico
7.2.7.1. Mexico Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.2.7.2. Mexico Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.3. Europe Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3.4. Europe Third-party Logistics Market Size and Forecast by Country, 2021-2031, ($Million)
7.3.5. Germany
7.3.5.1. Germany Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.5.2. Germany Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3.6. France
7.3.6.1. France Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.6.2. France Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3.7. U.K.
7.3.7.1. U.K. Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.7.2. U.K. Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3.8. Spain
7.3.8.1. Spain Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.8.2. Spain Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3.9. Italy
7.3.9.1. Italy Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.9.2. Italy Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.3.10.2. Rest of Europe Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Third-party Logistics Market Size and Forecast by Country, 2021-2031, ($Million)
7.4.3. Asia-Pacific Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.4.4. Asia-Pacific Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.4.5. China
7.4.5.1. China Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.4.5.2. China Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.4.6. India
7.4.6.1. India Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.4.6.2. India Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.4.7. Japan
7.4.7.1. Japan Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.4.7.2. Japan Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.4.8. South Korea
7.4.8.1. South Korea Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.4.8.2. South Korea Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.4.9. Rest of APAC
7.4.9.1. Rest of APAC Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.4.9.2. Rest of APAC Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.5.3. Rest of the World Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.5.4. Rest of the World Third-party Logistics Market Size and Forecast by Country, 2021-2031, ($Million)
7.5.5. Latin America
7.5.5.1. Latin America Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.5.5.2. Latin America Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.5.6. Middle East
7.5.6.1. Middle East Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.5.6.2. Middle East Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
7.5.7. Africa
7.5.7.1. Africa Third-party Logistics Market Size and Forecast by Mode Of Transport, 2021-2031, ($Million)
7.5.7.2. Africa Third-party Logistics Market Size and Forecast by Service Type, 2021-2031, ($Million)
Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Product Development
8.3.2. Product Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions
Chapter 9. Company Profiles
9.1. C.H. Robinson Worldwide, Inc.
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. DB Schenker
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. DHL International GMBH
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. FedEx Corporation
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. KUEHNE+NAGEL Inc.
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. Maersk
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Nippon Express
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. Panalpina World Transport Ltd.
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Union Pacific Railroad
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. DSV
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
- C.H. Robinson Worldwide, Inc.
- DB Schenker
- DHL International GmbH
- FedEx Corporation
- KUEHNE+NAGEL Inc.
- Maersk
- Nippon Express
- Panalpina World Transport Ltd.
- Union Pacific Railroad
- DSV
Market Segmentation
By Mode of Transport
- Railways
- Roadways
- Waterways
- Airways
By Service Type
- Dedicated Contract Carriage (DCC)
- Domestic Transportation Management
- International Transportation Management
- Warehousing &Distribution
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa