Uploaded on Dec 3, 2021
The manufacturing segment dominated the global market in 2018. In 2018, Asia Pacific accounted for the majority share in the market. The rise in global trading with thriving end-users E-commerce and retail has led to a booming logistics market. A key advantage offered by 3PL such as less time in completion of process has encouraged businesses to invest in it. This also increases overall efficiency and profitability.
Third Party Logistics (3PL) Market Size, Share, Trend & Growth Forecast to 2026
Third Party Logistics (3PL)
Market
Set to Reach USD 1,337.91 Billion By 2026 | CAGR: 7.4%
“Third Party Logistics (3PL) Market Share, Size, Trends, Industry
Analysis Report By Service (Dedicated Contract Carriage, Domestic
Transportation Management, International Transportation Management,
Warehousing and Distribution, Others); By Mode of Transport
(Roadways, Railways, Waterways, Airways); By End-User (Retail,
Manufacturing, Healthcare, Others); By Regions, Segments & Forecast,
2019 – 2026”
Third Party Logistics (3PL) Market Estimate & Forecast
According to the latest report by Polaris Market Research, the global
Third Party Logistics (3PL) market is growing at a faster pace and is projected to reach
USD 1,337.91 Billion By 2026, registering a significant CAGR of 7.4% during the forecast
period 2019 To 2026.
The global market report provides a comprehensive evaluation of the market for the forecast
period which comprises of analysis of the industry in terms of factors and trends that are
playing a vital role in the overall progress of the market. This report provides a key analysis
of the current dynamics, major segments, competitive landscape, major innovations, COVID-
19 pandemic impact, and other factors that are playing a crucial role for the market.
Huge investments in R&D activities, the presence of leading global players, significant
progress in terms of technological advancements, and supportive government policies are
creating a positive outlook for the overall growth of the Third Party Logistics (3PL)
market.
An extensive research report on the Third Party Logistics (3PL) market sheds light on the
micro and macro aspects of the industry. The report presents in-depth insights into the
market using the assessment of Porter’s Five Forces model and SWOT analysis. The vital
information featured in the reCoppyorigrhtt © w Poilalrlis hMaerkelpt R eisneadrchu &s Ctornsyul tinlge LaLPd 20e20r.s A ll iRnig httsh Reeseirrve ddecision-making process 2
and businesses to devise their future strategies.
Third Party Logistics (3PL) Market Scope
By Service By Mode of Transport By End-User By Region
• Dedicated Contract Carriage • Roadways • Retail ∙ North America
• Domestic transportation • Railways • Manufacturing ∙ Europe
Management • Waterways • Healthcare ∙ Asia Pacific
• International Transportation • Airways • Others ∙ Latin America Middle East &
Management Africa
• Distribution and Warehousing
• Others
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Third Party Logistics (3PL) Market Estimate & Forecast
The report includes detailed coverage of the Third Party Logistics (3PL) market based on
product type, application, end-use, and region. The report also sheds light on the fastest-
growing segments of the market and gives future projections for the same keeping in mind
the emerging trends and patterns. The authentic data provided in the research report will
act as a major input for market players and other stakeholders related to the target market.
The market analysis comprises a section solely dedicated to major players in the Third
Party Logistics (3PL) market wherein our expert research analysts provide an insight into
profiles of all the prominent players along with a special focus on recent developments and
major innovations influencing the target market. The competitive outlook section also
discusses major development strategies, market share value, and industry ranking analysis
for the below-mentioned players. Leading players present in the Third Party Logistics
(3PL) market are FedEx Corporation, Union Pacific Corporation, Kuehne+Nagel Inc.,
BNSF Railway Company, AmeriCold Logistics, LLC, CEVA Logistics, Landstar
System, Inc., Ryder System, Inc., Burris Logistics, DB SCHENKER Logistics, Agility
98, BDP International, C.H. Robinson Worldwide (CHRW) Inc., Exel (DHL Group),
Expeditors International of Washington, Inc., Flexport Inc., J.B. Hunt Transport
Services, Inc.,Kerry Logistics Network Limited, Nippon Express Co., Ltd., Others.
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Third Party Logistics (3PL) Market Size
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