Third-Party Logistics (3Pl) Market In US 2024-2028
The third-party logistics (3pl) market in US is forecasted to grow by USD 120.1 bn during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the third-party logistics (3pl) market in US 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 increasing cross-border trade, cost benefits of using 3pl, and increasing use of multimodal transport.
Technavio's third-party logistics (3pl) market in US is segmented as below:
ByEnd-user
- Retail
- Manufacturing
- Automotive
- Food and beverages
- Others
ByService
- Transportation
- Warehousing and distribution
- Others
ByGeography
This study identifies the emergence of blockchain and rfid in logistics as one of the prime reasons driving the third-party logistics (3pl) market in US growth during the next few years. Also, growing demand for green logistics and digital transformation in logistics will lead to sizable demand in the market.
The report on the third-party logistics (3pl) market in US covers the following areas:
- Third-party logistics (3pl) market in US sizing
- Third-party logistics (3pl) market in US forecast
- Third-party logistics (3pl) market in US 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 (3pl) market in US vendors that include Americold Realty Trust Inc., Blu Logistics, Burris Logistics Co., C H Robinson Worldwide Inc., Crete Carrier Corp., Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Kenco Group Inc., Kuehne Nagel Management AG, M and W Logistics Group Inc., NFI Industries Inc., Ryder System Inc., Taylor Logistics Inc., Total Quality Logistics LLC, United Parcel Service Inc., Wagner Logistics Inc., and XPO Inc.. Also, the third-party logistics (3pl) market in US 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 the way of study, synthesis, and summation of data from multiple sources by 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 the accurate market growth.