Global Third-Party Logistics Market Size-By Services, By Transportation, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Third-Party Logistics Market Overview
According to SPER Market Research, the Global Third-Party Logistics Market is estimated to reach USD 2431.83 billion by 2032 with a CAGR of 8.85%. A segment of the logistics market that offers firms outsourced logistics services is referred to as the worldwide third-party logistics (3PL) market. Transportation, warehousing, inventory management, order fulfilment, and other value-added services like packaging and assembly are just a few of the services that 3PL companies provide. These services let companies outsource their logistics needs to a professional provider so they may concentrate on their core skills.
Impact of COVID-19 on the Global Third-Party Logistics MarketOn the global third-party logistics (3PL) market, the COVID-19 epidemic has had a considerable effect. In addition to driving higher demand for logistics services, the pandemic has disrupted business as usual for 3PL providers and presented them with new obstacles. Global supply chains have been disrupted, which has had a significant impact on the 3PL sector as a result of COVID-19. There have been delays and capacity constraints in the transportation and logistics networks as a result of lockdowns, travel restrictions, and border closures.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Services, By Transportation, By End User.
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
Companies Covered C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad, United Parcel Service.
Global Third-Party Logistics Market Segmentation:By Transportation: Based on the Transportation, Global Third-Party Logistics Market is segmented as; Roadways, Railways, Waterways.
By End User: Based on the End User, Global Third-Party Logistics Market is segmented as; Manufacturing, Retail, Healthcare, Automotive, Others.
By Region: The global third-party logistics market was divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa based on geography. The greatest market share for stucco is anticipated to be in Asia Pacific.