Global Third-party Logistics Market to Grow at 7.01% During 2025-2033, Reaching USD 2,218.3 Billion by 2033 - IMARC Group

December 06, 2024 | Transportation and Logistics

Global Third-party Logistics Market Statistics, Outlook and Regional Analysis 2025-2033 

The global third-party logistics market size was valued at USD 1,201.4 Billion in 2024, and it is expected to reach USD 2,218.3 Billion by 2033, exhibiting a growth rate (CAGR) of 7.01% from 2025 to 2033.

third-party logistics market

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The market development is being catalyzed by several regulatory government policies associated with the distribution of pharmaceuticals and food and beverages. Besides this, customized, industry-specific third-party services being offered by renowned logistics service providers are likely to drive the market demand.

The e-commerce fulfillment services sector is booming with the growth of online shopping. Companies are now resorting to 3PL in managing their last-mile deliveries, reverse logistics, and multi-channel order management to address strict timelines for delivery and flexible return procedures. The growing interest in sustainability is encouraging vendors to work on greener practices through techniques such as using electric vehicles for delivery while optimizing routes to reduce emissions and energy-efficient warehousing. Technological advancements including AI demand forecasting, IoT-enabled supply chain visibility, warehouse automation, and growing adoption of blockchain use for enhanced transparency and security in shipments are presenting growth opportunities for market participants.

Global Third-party Logistics Market Statistics, By Region 

The market research report provides a comprehensive analysis of all the major regions, including North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. North America is reported to hold a major portion of the revenue share in the market. There is an increasing number of shippers adopting dedicated contract carriage services, fueling the market in the region. Additionally, increasing cold storage demand in the region is expected to further propel the third-party logistics market. Important players such as XPO Logistics, Inc.; C.H. Robinson Worldwide, Inc.; UPS Supply Chain Solutions, Inc.; and Expeditors International of Washington, Inc. are expected to continue driving growth within the North American region.

North America Third-party Logistics Market Trends:

The North American 3PL market is growing considerably as a result of the high penetration of e-commerce and the increased need for more efficient and quick supply chain solutions. Companies are moving into the third-party space for last-mile delivery, advanced warehouse management, and reverse logistics due to the consumer demand for same-day and next-day deliveries. Technology investments such as IoT, AI for demand forecasting, and autonomous delivery systems are key growth opportunities. Sustainability is crucial as most providers are now adopting electric vehicles and green warehousing practices in line with the environmental regulations and corporate ESG goals.

Asia Pacific Third-party Logistics Market Trends:

Asia Pacific market is experiencing significant growth, stimulated by a strong manufacturing base of the region, an expanding e-commerce sector, and trade networks. China, India, and other Southeast Asian economies are witnessing greater reliance by 3PL providers towards cross-border logistics, warehousing automation, and supply chain visibility solutions. The adoption level of technology is quite high with blockchain and IoT deployed for better real-time tracking and full transparency. The region is addressing sustainability challenges by adopting more renewable energy sources in warehouses and cleaner transportation methodologies through consumer awareness and increased regulatory pressures. Moreover, several strategic partnerships driven by a competitive business environment are anticipated to fuel market growth across the region over the forecasted period.

Europe Third-party Logistics Market Trends:

The European 3PL market is characterized by strong sustainability and technology-driven solutions. Governments' stringent carbon reduction policies are prompting logistics providers to adopt electric vehicles, energy-efficient warehousing, and optimized supply chain operations. Cross-border logistics remain a critical focus, with companies navigating Brexit-related trade complexities and demand for streamlined operations across the EU. Advanced technologies such as AI and robotics are increasingly implemented to enhance supply chain efficiency while the increased focus on reverse logistics aligns with the regional circular economy ambitions.

Latin America Third-party Logistics Market Trends:

The Latin America 3PL market is growing as businesses seek professional logistics solutions to deal with infrastructural challenges and rising regional e-commerce demand. Companies are investing in more efficient last-mile delivery services and warehouse management systems to improve efficiency in underserved areas. Technological advancements, including GPS tracking and automation, are increasingly gaining traction to overcome logistical bottlenecks. Free trade agreements along with developing trade infrastructure are making positive inroads toward cross-border logistics, while efforts for sustainability are still at the beginning of development compared to other regions.

Middle East and Africa Third-party Logistics Market Trends: 

The market for 3PL in the Middle East and Africa is growing with an ongoing buildup of trade activity, infrastructural developments, and a growing interest in logistics hubs in the UAE and Saudi Arabia. The region has seen increasing interest in e-commerce, fueled by additional demand for warehousing and last-mile solutions. Also, some other huge-scale infrastructural projects within the region that are spurring demand include the African Continental Free Trade Area and the Middle East megacities. Technologies such as AI, blockchain, and IoT are gaining pace in furthering their contribution to supply chain transparency and efficiency.

Top Companies Leading in the Third-party Logistics Industry 

Some of the key companies in the global third-party logistics market include C.H. Robinson, CMA CGM, DB Schenker, DHL (The Deutsche Post AG), DSV A/S, Expeditors International of Washington Inc, FedEx Corporation, Hitachi Transport System Ltd., J.B. Hunt Transport Services Inc, Kuehne + Nagel International AG (Kuehne Holding AG), Nippon Express Co. Ltd., Sinotrans, and United Parcel Service. Leading players in the market are engaging in strategic partnerships and product innovation to enhance their offerings and expand their market presence. For instance, in November 2024, C.H. Robinson announced the introduction of C.H. Robinson Managed Solutions, a new generation of logistics management solutions. This solution is designed to address the gaps for shippers in the market seeking seamless access to 3PL-managed transportation and 4PL services.

Global Third-party Logistics Market Segmentation Coverage 

  • On the basis of transport, the market has been segregated into railways, roadways, waterways, and airways. Roadways segment holds the largest market share. Growing demand for an effective transport system is increasing reliance on roads by third-party logistic providers.
  • Based on service type, the market has been categorized into dedicated contract carriage, domestic transportation management, international transportation management, warehousing and distribution, and value-added logistics services. Domestic transportation management represents the largest market segment. Factors driving this growth include increasing carrier rates and the growing number of cross-docking services.
  • On the basis of end use, the market has been classified into manufacturing, retail, healthcare, automotive, and others. Manufacturing holds the largest market share owing to increasing outsourcing of transportation activities.

 

Report Features Details
Market Size in 2024 USD 1,201.4 Billion
Market Forecast in 2033 USD 2,218.3 Billion
Market Growth Rate 2025-2033 7.01%
Units Billion USD
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Transport
  • Service Type
  • End Use
  • Region
Transports Covered Railways, Roadways, Waterways, Airways
Service Types Covered Dedicated Contract Carriage, Domestic Transportation Management, International Transportation Management, Warehousing And Distribution, Value Added Logistics Services
End Uses Covered Manufacturing, Retail, Healthcare, Automotive, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered C.H. Robinson, CMA CGM, DB Schenker, DHL (The Deutsche Post AG), DSV A/S, Expeditors International of Washington Inc, FedEx Corporation, Hitachi Transport System Ltd., J.B. Hunt Transport Services Inc, Kuehne + Nagel International AG (Kuehne Holding AG), Nippon Express Co. Ltd., Sinotrans, United Parcel Service, etc.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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Global Third-party Logistics Market to Grow at 7.01% During 2025-2033, Reaching USD 2,218.3 Billion by 2033 - IMARC Group
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