
Global Third-Party Logistics
Description
Global Third-Party Logistics
Summary
Global Third-Party Logistics industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A third-party logistics (3PL) is a partner or service that helps merchants manage their supply chain. 3PL providers do not own the products for distribution but are legally bound and responsible for performing the logistics activities requested by the purchasing company. Its services include warehouse and inventory management, shipping coordination, order fulfillment, distribution, exchanges, and returns.
- The global third-party logistics (3PL) market recorded revenues of $883.9 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.6% between 2018 and 2023.
- The manufacturing segment accounted for the market's largest proportion in 2023, with total revenues of $470 billion, equivalent to 53.2% of the market's overall value.
- According to GlobalData, in 2023, the global 3PL market contracted 24.0% annually. The market contraction is attributed to the rise in operational costs, including increased labor expenses, higher toll charges, and persistently elevated diesel prices in various countries worldwide.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the third-party logistics market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global third-party logistics market
- Leading company profiles reveal details of key third-party logistics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global third-party logistics market with five year forecasts
- What was the size of the Global third-party logistics market by value in 2023?
- What will be the size of the Global third-party logistics market in 2028?
- What factors are affecting the strength of competition in the Global third-party logistics market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's third-party logistics market?
Table of Contents
47 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. DHL Group
- 8.2. FedEx Corp
- 8.3. CEVA Logistics SA
- 8.4. United Parcel Service Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Global third-party logistics market value: $ billion, 2018-23
- Table 2: Global third-party logistics market category segmentation: % share, by value, 2018-23
- Table 3: Global third-party logistics market category segmentation: $ billion, 2018-23
- Table 4: Global third-party logistics market geography segmentation: $ billion, 2023
- Table 5: Global third-party logistics market value forecast: $ billion, 2023-28
- Table 6: DHL Group: Key Facts
- Table 7: DHL Group: Annual Financial Ratios
- Table 8: DHL Group: Key Employees
- Table 9: FedEx Corp: Key Facts
- Table 10: FedEx Corp: Annual Financial Ratios
- Table 11: FedEx Corp: Key Employees
- Table 12: FedEx Corp: Key Employees Continued
- Table 13: FedEx Corp: Key Employees Continued
- Table 14: CEVA Logistics SA: Key Facts
- Table 15: CEVA Logistics SA: Key Employees
- Table 16: United Parcel Service Inc: Key Facts
- Table 17: United Parcel Service Inc: Annual Financial Ratios
- Table 18: United Parcel Service Inc: Key Employees
- Table 19: United Parcel Service Inc: Key Employees Continued
- Table 20: Global Exchange Rate, 2018-23
- List of Figures
- Figure 1: Global third-party logistics market value: $ billion, 2018-23
- Figure 2: Global third-party logistics market category segmentation: $ billion, 2018-23
- Figure 3: Global third-party logistics market geography segmentation: % share, by value, 2023
- Figure 4: Global third-party logistics market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the global third-party logistics market, 2023
- Figure 6: Drivers of buyer power in the global third-party logistics market, 2023
- Figure 7: Drivers of supplier power in the global third-party logistics market, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the global third-party logistics market, 2023
- Figure 9: Factors influencing the threat of substitutes in the global third-party logistics market, 2023
- Figure 10: Drivers of degree of rivalry in the global third-party logistics market, 2023
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