The Global Third-Party Logistics Market Scope is Expected to reach USD 2,247.95 Billion by 2032, at a CAGR of 8.3% during the forecast period 2023 to 2032.
Third-party Logistics (3PL) is a strategic business model where companies outsource their logistics and supply chain management to specialized third-party providers. This approach enables businesses to focus on core activities while utilizing the expertise and infrastructure of 3PL partners to streamline and optimize logistics operations. 3PL providers offer diverse services such as transportation, warehousing, inventory management, order fulfillment, and distribution, all customized to meet specific client needs. By collaborating with 3PL providers, businesses can achieve cost savings, improve operational efficiency, and elevate overall supply chain performance.
This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Third-party Logistics Market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;
List of Companies:
- BDP International
- Burris Logistics
- C.H. Robinson Worldwide, Inc.
- CEVA Logistics
- DB Schenker Logistics
- FedEx
- J.B. Hunt Transport, Inc.
- Kuehne + Nagel
- Nippon Express
- United Parcel Service of America, Inc.
- XPO Logistics, Inc.
- Yusen Logistics Co. Ltd.
Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market for future strategies and predictions
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Must Watch! — Statistics and Facts
Market Segmentation:
By Transport
- Roadways
- Railways
- Waterways
- Airways
By End-Use
- Manufacturing
- Retail
- Healthcare
- Automotive
- Others
Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Industry Developments:
- In September 2022, AI LOGISTIX, a startup that identifies and resolves logistics and supply chain challenges, has collaborated with SUN Mobility, a supplier of battery-swapping services and energy infrastructure for electric vehicles (EVs), to become India’s last-mile delivery partner. The Bengaluru-based start-up leverages SUN Mobility’s energy services as a customer of Alchemy Mobility LLP, a green mobility service provider for last-mile delivery providers.
Regional Analysis for Third-party Logistics Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➥ What is the market size of the Third-party Logistics market?
➥ What is the market growth rate of the Third-party Logistics market?
➥ What are the Third-party Logistics market opportunities and threats faced by the vendors in the global Third-party Logistics Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Third-party Logistics market?
➥ What are the different sales, marketing, and distribution channels in the global industry?
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