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The global third-party logistics market has been valued at US$ 1.2 billion in 2024, as revealed in the recently updated industry report by Fact.MR. Worldwide demand for third-party logistics solutions is projected to reach a market value of US$ 2.5 billion by 2034, registering a CAGR of 7.6% from 2024 to 2034.
Report Attribute | Detail |
---|---|
Third-party Logistics Market Size (2024E) | US$ 1.2 Billion |
Forecasted Market Value (2034F) | US$ 2.5 Billion |
Global Market Growth Rate (2024 to 2034) | 7.6% CAGR |
Market Share of International Transportation Management Services (2034F) | 30.2% |
North America Market Share (2034F) | 20.9% |
Japan Market Growth Rate (2024 to 2034) | 8.9% CAGR |
Key Companies Profiled | DSV; Kuehne + Nagel; J.B. Hunt Transport, Inc.; Yusen Logistics Co. Ltd.; DB Schenker Logistics; Nippon Express; Burris Logistics; XPO Logistics, Inc.; CEVA Logistics; FedEx; United Parcel Service of America, Inc.; C.H. Robinson Worldwide, Inc.; BDP International. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 223.3 Million |
Growth Rate (2024 to 2034) | 6.4% CAGR |
Projected Value (2034F) | US$ 415.3 Million |
Attribute | China |
---|---|
Market Value (2024E) | US$ 257.1 Million |
Growth Rate (2024 to 2034) | 6.7% CAGR |
Projected Value (2034F) | US$ 493.6 Million |
Category-wise Insights
Attribute | Retailing |
---|---|
Segment Value (2024E) | US$ 298.7 Million |
Growth Rate (2024 to 2034) | 7.6% CAGR |
Projected Value (2034F) | US$ 623.3 Million |
Attribute | International Transportation Management |
---|---|
Segment Value (2024E) | US$ 396.7 Million |
Growth Rate (2024 to 2034) | 6.6% CAGR |
Projected Value (2034F) | US$ 753.4 Million |
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The US 3PL Market report segments the industry into By Services (Domestic Transportation Management, International Transportation Management, Value-Added Warehousing and Distribution) and By End User (Aerospace, Automotive, Consumer and Retail, Energy, Healthcare, Manufacturing, Technology, Other End Users). This resource offers five years of historical data and forecasts for the next five years.
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Third Party Logistics Market size was valued at USD 1034.43 Billion in 2023 and is poised to grow from USD 1145.11 Billion in 2024 to USD 2434.38 Billion by 2032, growing at a CAGR of 10.7% during the forecast period (2025-2032).
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The Third Party Logistics Market estimated size and share is projected to exceed USD 2448.06 Billion by 2034, with a forecasted CAGR of 7.5% during the period
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The industry has faced a notably complex and costly logistics environment over the past five years. Smaller shipping companies have been especially vulnerable, often tied to single-carrier solutions that reduce their leverage and leave them paying higher rates set by dominant businesses. This dynamic has limited their competitiveness. Major 3PL providers, in contrast, have benefited from adopting multicarrier models that help secure better rates and broader service options. Their advantages have fueled industry consolidation as they outmaneuver smaller competitors. Recent shifts in global trade are influencing facility locations, with companies moving away from China toward ASEAN countries, driving demand for seaport-adjacent warehouses and larger bulk leases in strategic logistics hubs. Customer expectations for greater transparency have risen, with shippers increasingly demanding end-to-end visibility and real-time package tracking. These heightened requirements have driven up compliance and technology integration costs for 3PLs. While these challenges have increased operating expenses, many providers have offset costs by offering enhanced quality inspection services and introducing new service lines, often at higher rates. As a result, industry revenue grew at a CAGR of 4.5% over the five years to 2025, hitting $138.4 billion. Revenue will rise by a modest 0.3% in 2025, suggesting stability, though mounting labor and technology costs have compressed profit. Looking forward, market complexity is expected to deepen. More 3PL clients are investing in dual sourcing to increase supply chain reliability, complicating the coordination of inbound freight. The problem of freight fraud is prompting agencies to invest heavily in carrier vetting and oversight. At the same time, the traditional consulting role of 3PLs is being challenged as clients invest in supply chain technology, pushing 3PLs to focus on R&D and reposition themselves as implementation specialists and advisors. Growth opportunities exist in the expanding returns market, particularly in reverse logistics. Over the next five years through 2030, revenue is expected to rise at a CAGR of 2.2%, reaching nearly $154.4 billion, while ongoing cost pressures and increasing technological sophistication shape the industry’s trajectory.
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The Third Party Logistics Market In UK report segments the industry into By Services (Domestic Transportation Management, International Transportation Management, Value-Added Warehousing And Distribution) and By End User (Manufacturing And Automotive, Oil & Gas And Chemicals, Distributive Trade (Wholesale And Retail Trade Including E-Commerce), Pharmaceuticals And Healthcare, Construction, Other End Users).
Third-party logistics (*) is a growing industry in the United States. The industry's total revenue has increased each year, soaring to ***** billion U.S. dollars in 2022 alone. What is 3PL? Third-party logistics is the practice of an organization outsourcing some or all of its inventory management, distribution, and order fulfillment operations to a third party. Domestic and international transportation of goods is one of the most commonly outsourced services, followed closely by warehousing. Clearly, 3PL markets are of greater value to industries that produce goods that need to be transported, for example, cold chain services. Global 3PL market The global 3PL industry has been growing over the past decade and has reached revenues of ***** billion U.S. dollars in 2020. By region, Asia-Pacific has the largest 3PL market, with nearly *** billion U.S. dollars of income for the year. Country-wise, the United States is home to the largest 3PL market in the world, followed by China, Japan and Germany.
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The Czech Republic Third-Party Logistics Market report segments the industry into By Services (Domestic Transportation Management, International Transportation Management, Value-added Warehousing and Distribution) and By End-User (Manufacturing & Automotive, Oil & Gas and Chemicals, Distributive Trade (Wholesale and Retail trade including e-commerce), Pharma & Healthcare, Construction, Other End-Users).
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Third-Party Logistics (3PL) Market size worth at $1,521.94 Billion in 2023 and projected to $3,093.45 Billion by 2032, a CAGR of 8.2% By 2024-2032.
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Global Third-Party Logistics (3PL) market size is expected to reach $1955.87 billion by 2029 at 10.3%, segmented as by service type, dedicated contract carriage, domestic transportation management, international transportation management
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Unlock expert insights on the USA Third-Party Logistics (3PL) Market, size at USD 247 billion in 2023, showcasing market dynamics, key trends, and growth potential.
US Third-Party Logistics (3Pl) Market Size 2025-2029
The us third-party logistics (3pl) market size is forecast to increase by USD 132.3 billion at a CAGR of 8.2% between 2024 and 2029.
The Third-Party Logistics (3PL) market in the US is experiencing significant growth, driven by the increasing trend of cross-border trade. As globalization continues to expand, businesses are increasingly turning to 3PL providers to manage their international logistics needs. Another key trend shaping the market is the emergence of advanced technologies such as blockchain and Radio Frequency Identification (RFID) in logistics. These technologies offer enhanced supply chain visibility, security, and efficiency, making them valuable tools for 3PLs to offer their clients. However, the market is not without challenges. The ongoing trade war between major economies poses a significant risk to the market, with potential tariffs and trade restrictions impacting logistics costs and operations. Additionally, the increasing complexity of global supply chains and customer expectations for faster delivery times require 3PLs to continually innovate and adapt to remain competitive. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on leveraging technology, building resilient supply chains, and providing exceptional customer service.
What will be the size of the US Third-Party Logistics (3Pl) Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The 3PL market in the US is witnessing significant advancements, driven by the integration of digital twin technology and blockchain in logistics operations. Order accuracy and customer satisfaction are prioritized through value-added services, network optimization, and demand forecasting. Green logistics and data-driven decisions are essential for competitive advantage, with automation technologies streamlining contract logistics and delivery speed. Damage prevention and inventory control are enhanced through supply chain transparency and warehousing optimization. Capacity planning and transportation mode selection are crucial for cost-effective solutions, while emerging technologies such as sustainability initiatives and supply chain visibility continue to shape the industry. Network planning and competitive advantage are intertwined, as companies leverage digital transformation to mitigate supply chain disruptions and offer dedicated logistics services.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userRetailManufacturingAutomotiveFood and beveragesOthersServiceTransportationWarehousing and distributionOthersGeographyNorth AmericaUS
By End-user Insights
The retail segment is estimated to witness significant growth during the forecast period.
In the dynamic retail industry, both organized retail and consumer goods sectors experience significant growth. Fast-moving consumer goods (FMCGs) and slow-moving consumer goods (SMCGs) are distinct categories. FMCGs, with a shelf life under a year, consist of household and cleaning products, personal care items, tobacco, apparel and footwear, and pet food/pet care. These goods are bought frequently due to recurring expenditures. SMCGs, characterized by a longer shelf life, include home improvement products, furniture, and household appliances. To stay competitive, industry players invest substantially in product innovation. Data analytics and predictive analytics are crucial tools for understanding consumer behavior and market trends. Last-mile delivery solutions enhance customer satisfaction, while pick-and-pack services ensure efficient order fulfillment. Freight forwarding streamlines transportation management, and robotics and automation improve efficiency. Cloud-based logistics software, business intelligence, and real-time visibility enable cost optimization and supply chain resilience. Reverse logistics, compliance, and regulations are essential for managing returns and maintaining inventory. E-commerce integration, packaging, and labeling, and delivery network design are vital for seamless omni-channel fulfillment. Risk management, route optimization, security and safety, and mobile technology are integral components of modern logistics. Artificial intelligence and machine learning enable advanced sorting, sequencing, and load planning. Fleet management, big data, and customer service are critical for maintaining a competitive edge. In this evolving landscape, players must adapt to meet the changing demands of consumers and the market.
The third-party logistics (3PL) market in North America was roughly sized at 348 billion U.S. dollars. In a 3PL enterprise design, a firm sustains production control, but outsources some or all transport and logistics execution to a fulfillment company. The 3PL market worldwide In 2020, the United States overtook China as the largest 3PL country, with an approximate total revenue of 231.5 billion U.S. dollars. Globally, the 3PL industry generated over 961 billion U.S. dollars in revenue and the the leading 3PL provider based on gross logistics revenue was DHL. The 3PL market in the United States The 3PL industry in the United States kept an exponential growth rate until 2019 when it dropped to 212.8 billion U.S. dollars in revenue. In 2020, C.H. Robinson Worldwide was the leading 3PL provider in the United States, with a gross revenue of just under 15.5 billion U.S. dollars.
Third-Party Logistics (3PL) Market Size 2025-2029
The third-party logistics (3pl) market size is forecast to increase by USD 662.8 billion, at a CAGR of 8.4% between 2024 and 2029.
The market is experiencing significant growth due to the surge in e-commerce and the increasing demand for integrated shipping services. As consumers continue to prefer online shopping, businesses are turning to 3PL providers to manage their supply chain and fulfill orders efficiently. This trend is expected to continue, presenting a lucrative opportunity for 3PL providers. Another key driver in the market is the emergence of big data analytics. The use of advanced analytics tools is enabling 3PLs to optimize their operations, improve customer service, and gain a competitive edge. However, the market also faces challenges, with high operational costs and competitive pricing being major obstacles. To remain competitive, 3PLs must find ways to reduce costs while maintaining quality and service levels. This may involve implementing automation, leveraging technology, and optimizing their networks. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on innovation, operational efficiency, and customer service.
What will be the Size of the Third-Party Logistics (3PL) Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market activities shaping its landscape. Seamless integration of network design, API integrations, customs brokerage, labor management, returns processing, load planning, dock scheduling, freight forwarding, dedicated contract carriage, and supply chain optimization are essential elements of this complex system. Real-time visibility and order accuracy are critical components of modern logistics, enabling businesses to effectively manage inventory and optimize costs. Capacity planning and freight consolidation are ongoing processes, ensuring efficient use of resources and reducing unnecessary transportation costs. Route optimization and yard management are essential for streamlining operations and minimizing transportation time. Data analytics and business intelligence provide valuable insights, enabling predictive analytics and demand forecasting to optimize supply chain performance.
Technology integration, including warehouse automation and AI-powered logistics, plays a pivotal role in enhancing efficiency metrics and reducing risk. Carbon footprint and fleet management are increasingly important considerations, with sustainability becoming a key focus for many organizations. E-commerce logistics, reverse logistics, and last-mile delivery are growing sectors, requiring specialized solutions for pick and pack, order fulfillment, and on-time delivery. Contract logistics and distribution centers are integral to the supply chain, providing essential services such as sorting systems and risk management. The 3PL market is characterized by continuous change and innovation, with ongoing developments in technology, regulations, and customer expectations driving the need for adaptability and flexibility.
How is this Third-Party Logistics (3PL) Industry segmented?
The third-party logistics (3pl) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationTransportation servicesWarehousing and distribution servicesOthersEnd-userManufacturingRetailConsumer goodsHealthcareOthersMode Of TransportationRoadwaysSeawaysRailwaysAirwaysMultimodal transportGeographyNorth AmericaUSCanadaEuropeFranceGermanyUKAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)
By Application Insights
The transportation services segment is estimated to witness significant growth during the forecast period.The market's transportation services segment is a significant contributor to the industry's growth. This segment specializes in various transportation modes, including road, rail, air, and sea, to move goods efficiently. Outsourcing cargo and freight transportation to 3PL providers is increasingly popular due to the substantial investment and expertise required. The transportation services segment offers additional benefits, such as freight forwarding, project logistics, network planning, cargo insurance, optimization, and customs brokerage. Technological advancements are driving innovation in the transportation services segment. Real-time visibility, capacity planning, and route optimization are crucial elements that enhance supply chain efficiency. Data analytics and predictive analytics facilitate demand forecasting and inventory management, ensuring accura
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The Mexico third-party logistics (3PL) market was valued at USD 19.30 Billion in 2024. The industry is expected to grow at a CAGR of 5.90% during the forecast period of 2025-2034. The region's growing auto and service industries are fueling demand for 3PL, as they need ways to derive efficiency from the supply chain through complex logistics and global distribution networks in multiple sectors. In turn, all these factors have resulted in the market attaining a valuation of USD 34.24 Billion by 2034.
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Over the five years through 2024-25, industry revenue is forecast to contract by 0.3% to £21.5 billion. The Third-Party Logistics (3PL) industry manages procurement, fulfilment and distribution. It offers value-added services like customs brokerage, which broadly protects it from significant revenue shocks, given the wide-ranging and crucial nature of the services provided. The COVID-19 pandemic hit revenue with a large share of companies operating at lower capacities or having to declare force majeure on some clients. However, e-commerce boomed as stay-at-home orders encouraged people to shop online from their own homes, driving strong demand for 3PL services from online retailers. As global supply chains reopened, there was a revival in logistics market activity across the board as companies sought 3PL providers to increase the agility and reliability of their supply chain. Following the COVID-19 disruptions, 3PL providers faced significant inflationary pressures due to the Russia-Ukraine conflict. This resulted in higher operating costs because of escalating fuel prices and supply chain delays, which negatively impacted profitability. In 2024-25, revenue is forecast to pick up, growing by 2% as business confidence improves and inflation subsides, supporting spending on 3PL services. More and more companies are concerned with the sustainability of their supply chains, boosting demand for providers that can help integrate electric vehicle fleets and other low-carbon initiatives. The adjustment to low or zero carbon for 3PLs is weighing slightly on profit because of the large-scale investment required. Over the five years through 2029-30, revenue is forecast to climb at a compound annual rate of 2.8% to £24.3 billion. Business confidence and profit will gather momentum in the coming years as inflationary pressures subside, supporting renewed demand for value-added services offered by 3PL providers. E-commerce will continue to be a key driver of growth for the industry. Also, 3PL providers will increasingly invest in smart technologies, like AI-driven analytics, to optimise supply chains and enhance data management. In addition to advancing their technology, 3PL companies will intensify their environmental initiatives to achieve sustainability goals and attract eco-conscious customers.
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The Report Covers Turkey Third Party Logistics Companies and it is segmented by Type (Domestic Transportation Management, International Transportation Management, and Value-added Warehousing and Distribution), and by End-Users.
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The Europe third-party logistics (3PL) market reached approximately USD 216.71 Billion in 2024. The market is projected to grow at a CAGR of 4.80% between 2025 and 2034, reaching a value of USD 346.33 Billion by 2034.
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The China Third-Party Logistics (3PL) Market report segments the industry into By Services (Domestic Transportation Management, International Transportation Management, Value-added Warehousing and Distribution) and By End User (Aerospace, Automotive, Consumer and Retail, Energy, Healthcare, Manufacturing, Technology, Other End Users). Get five years of historical data alongside five-year market forecasts.
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Global Third-party Logistics (3PL) Market stood at USD 1.5 Trillion in 2022 & expected to project growth in the forecast period with a CAGR of 9.9% by 2028.
Pages | 180 |
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The global third-party logistics market has been valued at US$ 1.2 billion in 2024, as revealed in the recently updated industry report by Fact.MR. Worldwide demand for third-party logistics solutions is projected to reach a market value of US$ 2.5 billion by 2034, registering a CAGR of 7.6% from 2024 to 2034.
Report Attribute | Detail |
---|---|
Third-party Logistics Market Size (2024E) | US$ 1.2 Billion |
Forecasted Market Value (2034F) | US$ 2.5 Billion |
Global Market Growth Rate (2024 to 2034) | 7.6% CAGR |
Market Share of International Transportation Management Services (2034F) | 30.2% |
North America Market Share (2034F) | 20.9% |
Japan Market Growth Rate (2024 to 2034) | 8.9% CAGR |
Key Companies Profiled | DSV; Kuehne + Nagel; J.B. Hunt Transport, Inc.; Yusen Logistics Co. Ltd.; DB Schenker Logistics; Nippon Express; Burris Logistics; XPO Logistics, Inc.; CEVA Logistics; FedEx; United Parcel Service of America, Inc.; C.H. Robinson Worldwide, Inc.; BDP International. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 223.3 Million |
Growth Rate (2024 to 2034) | 6.4% CAGR |
Projected Value (2034F) | US$ 415.3 Million |
Attribute | China |
---|---|
Market Value (2024E) | US$ 257.1 Million |
Growth Rate (2024 to 2034) | 6.7% CAGR |
Projected Value (2034F) | US$ 493.6 Million |
Category-wise Insights
Attribute | Retailing |
---|---|
Segment Value (2024E) | US$ 298.7 Million |
Growth Rate (2024 to 2034) | 7.6% CAGR |
Projected Value (2034F) | US$ 623.3 Million |
Attribute | International Transportation Management |
---|---|
Segment Value (2024E) | US$ 396.7 Million |
Growth Rate (2024 to 2034) | 6.6% CAGR |
Projected Value (2034F) | US$ 753.4 Million |