Third Party Logistics (3PL) Market Analysis Report

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Third Party Logistics (3PL) Market Analysis, Size, Growth,
Industry Trends and Forecasts to 2024 - Hexa Research
" The Third Party Logistics (3PL) Market is
expected to grow at a CAGR of 5% over the
forecast period from 2016 to 2024."
The Third Party Logistics (3PL) Market is expected to grow at a CAGR of over 5 % during the forecast period
(from 2016 to 2024). Rising focus on core business activities along with reduced shipping costs is expected to
spur the growth of the global market. The introduction of e-commerce coupled with entrepreneurial ventures is
also said to augment the demands for supply chain execution capabilities as well as specialized logistics. Various
factors such as the emphasis on price and risk containment are said to hinder the ma rket growth. In addition to
this, sluggish economic growth and inconsistent freight volumes are also likely to hamper the overall market
growth over the coming years. The global market is segregated as services and regions.
The services sector involves dedicated contract carriage, domestic transportation management, software,
international transportation management, and warehousing & distribution. The International Transportation
Management (ITM) sector led the global market in 2014 and is expected to witness reach USD 340 billion by
2024. It includes goods brokerage and value-added transport management services. The Warehousing &
Distribution (W&D) sector occupied for more than 23 % of the total market share in 2014. Other sectors
including refrigerated grocery coupled with pharma applications are likely to witness the maximum growth
prospects for value-added warehousing services in the near future.
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Geographically, the Asia-Pacific third party logistics (3PL) market dominated the global market in 2014. The
regional market is projected to reach USD 390 billion by 2024 growing at a healthy CAGR of over 6 % from 2015
to 2024. The European 3PL market is anticipated to reach USD 212 billion by 2024 growing at a CAGR of over
3 % during the estimated years.
The North American regional market is said to reach USD 270 billion by 2024. The region is expected to witness
lucrative growth opportunities on account of steadily decreasing transportation charges and labor costs in the
United States as well as Mexico. In addition to this, rapid improvement in technology logistics software is said
to boost the growth of the market across the region in the next few years.
The major players in the third party logistics (3PL) market are Expeditors International; UPS Supply Chain
Solutions; and Kuehne + Nagel International AG.
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Table of Content of Third Party Logistics (3PL) Market
Chapter 1. Executive Summary
1.1. 3PL - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. 3PL Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. 3PL Value Chain Analysis
2.4. 3PL Market Dynamics
2.4.1. Market Driver Analysis
2.4.2. Market Restraint Analysis
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. 3PL - Key company analysis, 2016
2.8. 3PL Market PESTEL Analysis, 2016
Chapter 3. 3PL Service Outlook
3.1. Dedicated Contract Carriage
3.1.1. Global market estimates and forecasts, 2016 - 2024
3.2. Domestic Transportation Management
3.2.1. Global market estimates and forecasts, 2016 - 2024
3.3. International Transportation Management
3.3.1. Global market estimates and forecasts, 2016 - 2024
3.4. Warehousing & Distribution
3.4.1. Global market estimates and forecasts, 2016 - 2024
3.5. Logistics Software
3.5.1. Global market estimates and forecasts, 2016 - 2024
Chapter 4. 3PL Regional Outlook
4.1. North America
4.1.1. 3PL market by service, 2016 - 2024
4.1.2. U.S.
4.1.2.1. 3PL market by service, 2016 - 2024
4.1.3. Canada
4.1.3.1. 3PL market by service, 2016 - 2024
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4.1.4. Mexico
4.1.4.1. 3PL market by service, 2016 - 2024
4.2. Europe
4.2.1. 3PL market by service, 2016 - 2024
4.2.2. France
4.2.2.1. 3PL market by service, 2016 - 2024
4.2.3. Germany
4.2.3.1. 3PL market by service, 2016 - 2024
4.2.4. Italy
4.2.4.1. 3PL market by service, 2016 - 2024
4.2.5. UK
4.2.5.1. 3PL market by service, 2016 - 2024
4.3. Asia Pacific
4.3.1. 3PL market by service, 2016 - 2024
4.3.2. Australia
4.3.2.1. 3PL market by service, 2016 - 2024
4.3.3. China
4.3.3.1. 3PL market by service, 2016 - 2024
4.3.4. India
4.3.4.1. 3PL market by service, 2016 - 2024
4.3.5. Japan
4.3.5.1. 3PL market by service, 2016 - 2024
4.4. RoW
4.4.1. 3PL market by service, 2016 - 2024
4.4.2. Brazil
4.4.2.1. 3PL market by service, 2016 - 2024
Chapter 5. Competitive Landscape
5.1 Americold
5.2 BDP International
5.3 Burris Logistics
5.4 C.H. Robinson Worldwide
5.5 CEVA Logistics
5.6 Coyote Logistics
5.7 DB Schenker Logistics
5.8 Exel
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5.9 Expeditors International of Washington
5.10 FedEx
5.11 GENCO
5.12 J. B. Hunt
5.13 Kuehne + Nagel
5.14 Landstar System
5.15 Menlo Worldwide Logistics
5.16 Ozburn-Hessey Logistics
5.17 Panalpina
5.18 Ryder Supply Chain Solutions
5.19 Schneider
5.20 Total Quality Logistics
5.21 Transplace
5.22 Unyson Logistic
5.23 UPS Supply Chain Solutions
5.24 UTi Worldwide
5.25 XPO Logistics
Chapter 6. Methodology and Scope
6.1. Research Methodology
6.2. Research Scope & Assumption
6.3. List of Data Sources
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The third party logistics (3PL) market is expected to grow at a CAGR of over 5 % during the forecast period (from 2016 to 2024).

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