Global Third-party Logistics Market to Grow by $532.65 Billion During 2023-2027

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Mar 13, 2023, 21:15 ET

DUBLIN, March 13, 2023 /PRNewswire/ -- The "Global Third-party Logistics Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The third-party logistics market is forecasted to grow by $532.65 bn during 2022-2027, accelerating at a CAGR of 7.87% during the forecast period. The report on the third-party logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of e-commerce and the need for integrated shipping services, increasing number of trade agreements among nations, and cost reduction through use of third-party logistics.

The third-party logistics market is segmented as below:
By Application

Transportation services
Warehousing and distribution services
Other services

By End-user

Manufacturing
Retail
Consumer goods
Healthcare
Others

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the emergence of big data analytics as one of the prime reasons driving the third-party logistics market growth during the next few years. Also, rise in last-mile logistics and increase in overseas shopping will lead to sizable demand in the market.

The report on the third-party logistics market covers the following areas:

Third-party logistics market sizing
Third-party logistics market forecast
Third-party logistics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading third-party logistics market vendors that include AP Moller Maersk AS, Baltic Logistics Group, BDP International Inc., Burris Logistics Co., C H Robinson Worldwide Inc., CMA CGM SA, DB Schenker, Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., GEODIS SA, Hub Group Inc., J.B. Hunt Transport Services Inc., Kintetsu Group Holdings Co. Ltd., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Sinotrans Ltd., United Parcel Service Inc., and XPO Logistics Inc. Also, the third-party logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

A selection of companies mentioned in this report includes

AP Moller Maersk AS
Baltic Logistics Group
BDP International Inc.
Burris Logistics Co.
C H Robinson Worldwide Inc.
CMA CGM SA
DB Schenker
Deutsche Bahn AG
Deutsche Post AG
DSV AS
FedEx Corp.
GEODIS SA
Hub Group Inc.
J.B. Hunt Transport Services Inc.
Kintetsu Group Holdings Co. Ltd.
Kuehne Nagel Management AG
Nippon Express Holdings Inc.
Sinotrans Ltd.
United Parcel Service Inc.
XPO Logistics Inc.

For more information about this report visit https://www.researchandmarkets.com/r/3t5xdb

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