Global Logistics Services (3PL and 4PL) Market Growth (Status and Outlook) 2023-2029

Global Logistics Services (3PL and 4PL) Market Growth (Status and Outlook) 2023-2029

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations.

Now, 3PLs can handle almost your entire business. This includes not only the complete supply chain cycle, but also such functions as customer service, order management, sales support, ecommerce and IT integration.

A 4PL is an independent, singularly accountable, non-asset based integrator of clients’ supply and demand chains. The 4PL’s role is to implement and manage a value creating business solution through control of time and place utilities and influence on form and possession utilities within the client organization.

LPI (LP Information)' newest research report, the “Logistics Services (3PL and 4PL) Industry Forecast” looks at past sales and reviews total world Logistics Services (3PL and 4PL) sales in 2022, providing a comprehensive analysis by region and market sector of projected Logistics Services (3PL and 4PL) sales for 2023 through 2029. With Logistics Services (3PL and 4PL) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Logistics Services (3PL and 4PL) industry.

This Insight Report provides a comprehensive analysis of the global Logistics Services (3PL and 4PL) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Logistics Services (3PL and 4PL) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Logistics Services (3PL and 4PL) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Logistics Services (3PL and 4PL) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Logistics Services (3PL and 4PL).

The global Logistics Services (3PL and 4PL) market size is projected to grow from US$ 839470 million in 2022 to US$ 1212620 million in 2029; it is expected to grow at a CAGR of 5.4% from 2023 to 2029.

Global Logistics Services (3PL and 4PL) key players include DHL Supply Chain and Global Forwarding, Kuehne + Nagel, DB Schenker Logistic, Nippon Express, C.H. Robinson Worldwide, etc. Global top five players hold a share about 10%.

Asia-Pacific is the largest market, with a share about 40%, followed by North America and Europe, having a total share about 45 percent.

In terms of product, Transportation is the largest segment, with a share about 25%. And in terms of application, the largest application is Technological, followed by Consumer Goods, Healthcare, Industrial, Elements, Food and Groceries, Automotive, Retailing, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Logistics Services (3PL and 4PL) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Transportation

Warehousing

Value-added Services

Lead Logistics Provider Services or 4PL

Other

Segmentation by application

Consumer Goods

Healthcare

Industrial

Elements

Food and Groceries

Automotive

Technological

Retailing

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

DHL Supply Chain and Global Forwarding

Kuehne + Nagel

Nippon Express

DB Schenker Logistics

C.H. Robinson Worldwide

DSV Panalpina

Sinotrans

XPO Logistics

UPS Supply Chain Solutions

J.B. Hunt (JBI, DCS and ICS)

Expeditors International of Washington

CEVA Logistics

Hitachi Transport System

Dachser

GEODIS

Toll Group

Please note: The report will take approximately 2 business days to prepare and deliver.