Third-Party Logistics in Europe
Summary
Third-Party Logistics in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 European third-party logistics (3PL) market recorded revenues of $178.1 billion in 2023, representing a negative compound annual growth rate (CAGR) of 6.2% between 2018 and 2023.
- The manufacturing segment accounted for the market's largest proportion in 2023, with total revenues of $99.9 billion, equivalent to 56.1% of the market's overall value.
- According to GlobalData, in 2023, the European 3PL market recorded an annual contraction of 36.1% due to increased labor expenses, higher toll charges, and persistently elevated diesel prices which eroded profit margins.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the third-party logistics market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the third-party logistics market in Europe
- 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 Europe third-party logistics market with five year forecasts by both value and volume
- What was the size of the Europe third-party logistics market by value in 2023?
- What will be the size of the Europe third-party logistics market in 2028?
- What factors are affecting the strength of competition in the Europe third-party logistics market?
- How has the market performed over the last five years?
- Who are the top competitors in Europe's third-party logistics market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. DHL Group
- 8.2. Kuehne + Nagel International AG
- 8.3. Deutsche Bahn AG
- 8.4. DSV AS
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Europe third-party logistics market value: $ billion, 2018-23
- Table 2: Europe third-party logistics market category segmentation: % share, by value, 2018-23
- Table 3: Europe third-party logistics market category segmentation: $ billion, 2018-23
- Table 4: Europe third-party logistics market geography segmentation: $ billion, 2023
- Table 5: Europe third-party logistics market value forecast: $ billion, 2023-28
- Table 6: DHL Group: Key Facts
- Table 7: DHL Group: Annual Financial Ratios
- Table 8: DHL Group: Key Employees
- Table 9: Kuehne + Nagel International AG: Key Facts
- Table 10: Kuehne + Nagel International AG: Annual Financial Ratios
- Table 11: Kuehne + Nagel International AG: Key Employees
- Table 12: Kuehne + Nagel International AG: Key Employees Continued
- Table 13: Deutsche Bahn AG: Key Facts
- Table 14: Deutsche Bahn AG: Key Employees
- Table 15: Deutsche Bahn AG: Key Employees Continued
- Table 16: DSV AS: Key Facts
- Table 17: DSV AS: Annual Financial Ratios
- Table 18: DSV AS: Key Employees
- Table 19: Europe Size of Population (million), 2019-23
- Table 20: Europe Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 21: Europe GDP (current prices, $ billion), 2019-23
- Table 22: Europe Inflation, 2019-23
- Table 23: Europe Consumer Price Index (absolute), 2019-23
- Table 24: Europe Exchange Rate, 2018-23
- List of Figures
- Figure 1: Europe third-party logistics market value: $ billion, 2018-23
- Figure 2: Europe third-party logistics market category segmentation: $ billion, 2018-23
- Figure 3: Europe third-party logistics market geography segmentation: % share, by value, 2023
- Figure 4: Europe third-party logistics market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the third-party logistics market in Europe, 2023
- Figure 6: Drivers of buyer power in the third-party logistics market in Europe, 2023
- Figure 7: Drivers of supplier power in the third-party logistics market in Europe, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the third-party logistics market in Europe, 2023
- Figure 9: Factors influencing the threat of substitutes in the third-party logistics market in Europe, 2023
- Figure 10: Drivers of degree of rivalry in the third-party logistics market in Europe, 2023
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