An Third-Party Logistics (3PL) Market Size, Share, Trends

Third-Party Logistics (3PL) Market Size, Share, Trends, Analysis, and Forecasts by End-Use Type, (Manufacturing, Retail and Ecommerce, Healthcare, Consumer Goods, and Others), By Mode of Transportation Type (Roadways, Railways, Waterways, and Airways), and By Region Forecast, 2023-2027

Summary

The third-party logistics market size will be valued at $1.6 billion in 2023. The market is expected to grow at a CAGR of 6.5% during 2023-2027. The study provides an executive-level overview of the current third-party logistics market worldwide, with detailed forecasts of key indicators up to 2027.

This market intelligence report offers a thorough, forward-looking analysis of the global third-party logistics market, end-use type and mode of transportation type in a concise format to help executives build proactive and profitable growth strategies.

Key Highlights

The global third-party logistics market will be valued at $1.2 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% over 2023-2027. The market includes various aspects of supply chain management, end-use industry segmentation, and mode of transport segments. The study provides an executive-level overview of the current 3PL market worldwide, with detailed forecasts of key indicators up to 2027.

Scope

• This report provides overview and service addressable market for 3PL market.
• It identifies the key trends impacting growth of the market over the next 12 to 24 months, split into two categories: technology trends and regulatory trends.
• It features details of recent M&A and VF deals in the 3PL market space.
• The detailed value chain consists of five main aspects: Freight forwarders, 3PL inound warehousing, 3PL order fulfillment, 3PL outbound logistics, and return logistics.

Reasons to Buy

• This market intelligence report offers a thorough, forward-looking analysis of the global third-party logistics market by end-use type and mode of transportation type and their key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the third-party logistics market.
• The report highlights the third-party logistics end-use type segment (manufacturing, retail & ecommerce, healthcare, consumer goods, and others), mode of transportation type segment (roadways, railways, waterways, and airways), and region.
• With more than 50 figures and tables, the report is designed for an executive-level audience, with enhanced presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in the third-party logistics market.
• The broad perspective of the report coupled with comprehensive, actionable detail will help 3PL companies, supply chain solution providers, freight forwarders, and other market players to succeed in growing the Third-Party Logistics market globally.