A new report on Third-Party Logistics (3PL) market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Third-Party Logistics (3PL) market in tandem with its competitive terrain.In terms of the solutions spectrum, the third-party logistics market is segmented into DTM (Domestic Transportation Management), DCC (Dedicated Contract Carriage), ITM (International Transportation Management), logistics software and warehousing & distribution segments.
Of these, the DTM segment is estimated to show a commendable growth trajectory. This segmental growth is largely attributed to the robust demand for third-party logistics services from the manufacturing sector.
The third-party logistics (3PL) market registered valuation of over $1 trillion in 2019, and is anticipated to depict growth at 9% CAGR through 2026. This growth is ascribed to rising prevalence of globalization, which is compelling many enterprises to outsource logistics activities to third party providers.
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Third-party logistics market from the DTM segment is likely to witness steady growth in the years ahead, owing to consistent port-to-warehouse & warehouse-to-warehouse moves, robust domestic economy, escalating carrier rates, enhanced revenue from fuel surcharge, and consistent adoption of outsourcing by shippers.
In 2018, the warehousing and distribution segment held over 20% of the overall third-party logistics industry share in 2019. Warehousing is one of the most common third-party logistics services. These warehouses have the capacity to store, ship as well as handle returns of products in a seamless manner. International warehouses also facilitate the global expansion of enterprises by establishing a worldwide supply chain.
The DTM segment consists predominantly of freight brokerage services. It also involves managed transportation, and digital freight brokers (DFMs) or digital freight matching enterprises, albeit to a lesser extent.
As demand for advanced and future-ready technologies like robotics, automation and artificial intelligence surges, in order to accommodate the needs of the e-commerce sector, the 3PL market share from the warehousing & distribution segment is likely to gain significant traction in the foreseeable future.
There is a vast array of transportation options available to third-party logistics providers. The 3PL market in terms of mode of transport is categorized into road & rail, sea and air. Among these, the sea segment in North America is anticipated to register a significant growth rate of 9% CAGR through 2026.
Major Highlights from Table of contents are listed below for quick lookup into Third-Party Logistics (3PL) Market report
Chapter 1. Competitive Landscape
- Company market share
- Third-Party Logistics (3PL) Market Competitive analysis of key market players
- Competitive analysis of other prominent vendors
Chapter 2. Company Profiles
- Business Overview
- Financial Data
- Product portfolio
- Strategic Outlook
- SWOT Analysis
Chapter 3. Methodology & Scope
- Methodology
- Initial data exploration
- Third-Party Logistics (3PL) Market Statistical model and forecast
- Industry insights and validation
- Third-Party Logistics (3PL) Market Scope
- Definition
- Methodology and forecast parameters
- Data Sources
Chapter 4. Executive Summary
- Third-Party Logistics (3PL) industry 360º synopsis – 2025
- Third-Party Logistics (3PL) Business trends
- Region trends
Chapter 5. Third-Party Logistics (3PL) industry Insights
- Third-Party Logistics (3PL) Industry segmentation
- Industry landscape 2025
- Industry Pitfalls and Challenges
- Threat of new entrants
- Threat of substitutes
- Third-Party Logistics (3PL) Market Growth potential analysis
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