Third-Party Logistics Market In Europe 2024-2028
The third-party logistics market in Europe is forecasted to grow by USD 96.42 bn during 2023-2028, accelerating at a CAGR of 8.13% during the forecast period. The report on the third-party logistics market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing complexity of in-house logistics operations, cost reduction advantages of utilizing 3PL services, and growth in the automobile and auto components industry.
Technavio's third-party logistics market in Europe is segmented as below:
By End-user
- Manufacturing
- Retail
- Consumer goods
- Healthcare
- Food and beverages and others
By Service
- Transportation
- Warehousing and distribution
- Inventory management and others
This study identifies the emergence of big data as one of the prime reasons driving the third-party logistics market in Europe growth during the next few years. Also, growth in online retailing and an increase in M and A activities will lead to sizable demand in the market.
The report on the third-party logistics market in Europe covers the following areas:
- Third-party logistics market in Europe sizing
- Third-party logistics market in Europe forecast
- Third-party logistics market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading third-party logistics market in Europe vendors that include AP Moller Maersk AS, Baltic Logistic Solutions, C H Robinson Worldwide Inc., CMA CGM SA Group, DB Schenker, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., FM LOGISTIC CORP, GEODIS, Ital Logistics Ltd., Kintetsu World Express Inc., Sanmina Corp., United Parcel Service Inc., XPO Inc., ACP Freight Services Ltd., FourKites Inc., H. P. Therkelsen AS, Huktra UK Ltd., Imperial Logistics Ltd, Jordon Freight Ltd., hansa express logistics GmbH, and NTG Nordic Transport Group AS. Also, the third-party logistics market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.