Global 3PL Third Party Logistics Market Size Analysis, 2018-2028

REPORT ID: BKR681 Domain: Logistics Published Date: April 2018

 

 

Global Third Party Logistics Market – 3PL Industry Size Analysis

The global third party logistics market size is estimated to be valued at USD 865 billion in 2018 and will register a CAGR of 9% to create collective absolute revenue opportunity of USD 1.2 billion during the forecast period.

Third Party Logistics (3PL) is defined as outside Logistics Company that performs all or a part of firm’s material management and product distribution functions. This is also known as contract logistics.

Global Third Party Logistics Market Drivers and Challenges

As OF 2017, total logistics activity accounts for nearly 18% to 23% of finished products and is expected to further increase with rise in global trade volume. According to the World Trade Organization (WTO), world trade is growing at 3% to 5% each year. In absolute terms, this represents huge market opportunity for engaged industry verticals including logistics and 3PL. Free trade agreement (FTA) is expected to further boost 3PL market. FTA in Indian subcontinent is expected to create higher incremental opportunity for industry players. 3PL providers are actively leveraging digital mode such as cloud service to make their service cost effective yet reliable. This has certainly led to supply chain optimization.

Though the industry is expected to register favorable gains from growing trade volumes, geopolitical volatility could prove a major challenge to the industry especially in Middle East. However, the trend seems to be temporary in phase and would have minimal effect in near future. Logistics provider could minimize the operational risk by not investing too heavily in any single mode. Partnership could play a major role in next phase of 3PL.

Global Third Party Logistics Market Analysis, By Service

By service, 3PL market will find its maximum usage in domestic service management followed by international transportation management. Collectively, these two services accounted for over 58% of total revenue. Warehousing distribution is expected to register fastest CAGR and will grow by 2.7X during the forecast period.

Global Third Party Logistics Market Size and Forecast: Regional Analysis

Asia Pacific will lead the global 3PL market not only in terms of value but also growth rate. The growth in the region will be driven by huge amount of trade flow occurring in China and South East Asia including Indian Subcontinent. 3PL Companies are expanding their business presence in China and India to gain higher ROI and strengthen their market position. Various investment were seen in last 10 years in Asia. For instance, in 2017, Lalamove raised USD 100 million investment from China under Series C funding. The company has over 2 million drivers across 50 cities in mainland China and six in South East Asia. Another major company GoGoVan with over 180,000 registered drivers, having freight operations in 14 cities across Asia Market, has agreed to merge with 58 Suyun to gain higher control over China third party logistics market.

In Western Europe, Germany accounted for majority of the market share. The region is expected to register a CAGR of 4.5% between 2018 and 2028.

North America 3PL market stands next to Europe, accounting for over 18% of global third party logistics industry share in 2017. The region is expected to further lose the market share with shift in global trade towards Chin and other part of Asia Pacific. C.H. Robinson dominates the regional market followed by XPO Logistics and UPS Supply Chain Solutions.

Global Third Party Logistics Market Size and Forecast: Competition Landscape

3PL industry is highly fragmented. Some of the key third party logistics market industry players are C.H. Robinson, XPO Logistics, UPS Supply Chain Solutions, GoGoVan, Lalamove, DB Schenker Logistics, SNCF Logistics, J.B. Hunt Transport, Hub Group, Panalpina, Landstar, Coyote Logistics, Burris Logistics, and Ryder Supply Chain Solutions.

Third Party Logistics Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Third Party Logistics Market Value
    • Overall Market Forecast
    • Third Party Logistics Growth Outlook, By Segments
    • Third Party Logistics Growth Scenario, by Region
  6. The Third Party Logistics Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Third Party Logistics Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The Third Party Logistics Market Pricing Analysis
    • Third Party Logistics Product Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Third Party Logistics Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Third Party Logistics Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Third Party Logistics Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Third Party Logistics Industry Size and Forecast, By Segments
    • By End-use Industries
      • Information Technology
      • Automotive and Transportation
      • Retail and e-Commerce
      • Healthcare Sector
      • Industrial Sector
      • Food and Agriculture
      • Others
    • By Mode of Transportation
      • Waterways
      • Roadways
      • Airways
      • Railways
    • By Service Type
      • Dedicated Contract Carriage
      • Domestic Transport Management
      • International Transport Management
      • Warehousing
      • Others
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Third Party Logistics Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Third Party Logistics Market, By Segments (As mentioned in section 10 of TOC)
    • S. Third Party Logistics Market Size and Forecast, By Segments
    • Canada Third Party Logistics Market Size and Forecast, By Segments
  2. Latin America Third Party Logistics Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Third Party Logistics Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Third Party Logistics Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Third Party Logistics Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Third Party Logistics industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Third Party Logistics Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Third Party Logistics Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Third Party Logistics Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Third Party Logistics Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Third Party Logistics industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Third Party Logistics Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Third Party Logistics Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Third Party Logistics Market, By Segments (As mentioned in section 10 of Third Party Logistics Market TOC)
    • Russia Third Party Logistics Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Third Party Logistics industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Third Party Logistics Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Third Party Logistics Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Third Party Logistics Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Third Party Logistics Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Third Party Logistics industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Third Party Logistics Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Third Party Logistics Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Third Party Logistics Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Third Party Logistics Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Third Party Logistics industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Third Party Logistics Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Third Party Logistics Industry Size and Forecast, (2017-2027)
    • Africa Third Party Logistics Industry Share (%)
    • Africa Third Party Logistics Industry Growth Forecast (%)
    • South Africa Third Party Logistics Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Third Party Logistics industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Third Party Logistics Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • H. Robinson,
      • XPO Logistics,
      • UPS Supply Chain Solutions,
      • GoGoVan,
      • Lalamove,
      • DB Schenker Logistics,
      • SNCF Logistics,
      • B. Hunt Transport,
      • Hub Group,
      • Panalpina,
      • Landstar,
      • Coyote Logistics,
      • Burris Logistics,
      • Ryder Supply Chain Solutions
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Third Party Logistics industry TOC and sample research pages, download sample.

What Will You Discover in the Report?

  • An in-depth analysis of the Third Party Logistics market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Third Party Logistics market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Third Party Logistics market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Third Party Logistics industry during the forecast period
  • Who are the Third Party Logistics industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • Third Party Logistics Industry Suppliers
  • Third Party Logistics Industry Manufacturers
  • Consultants and Analysts
  • Researchers
  • Healthcare Specialists

Analyst access with Bekryl Market Analysts

Purchasing of Third Party Logistics market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Third Party Logistics Market Report Structure

Third Party Logistics Industry Dynamics

This section enables Third Party Logistics industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Third Party Logistics market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Third Party Logistics industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Third Party Logistics Industry Trends
  • Third Party Logistics Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Third Party Logistics Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Third Party Logistics industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Third Party Logistics industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Third Party Logistics market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Third Party Logistics Market Size

  • S.
  • Canada

Latin America Third Party Logistics Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Third Party Logistics Market value analyzed across each Latin America country)

Western Europe Third Party Logistics Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Third Party Logistics Market value analyzed across each Western Europe country)

Central and Eastern Europe Third Party Logistics Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Third Party Logistics Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Third Party Logistics Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Third Party Logistics Market value analyzed across each Asia Pacific country)

Middle East Third Party Logistics Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Third Party Logistics Market value analyzed across each Middle East country)

Africa Third Party Logistics Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

Third Party Logistics Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Third Party Logistics Market Growth Forecasting Methodology

In order to prepare historical data and analyze Third Party Logistics market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Third Party Logistics market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Third Party Logistics industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Third Party Logistics industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

 Third Party Logistics Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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