
North America Contract Logistics Market Research Report Forecast to 2030
Description
North America Contract Logistics Market Research Report Forecast to 2030
The North America contract logistics market is poised to observe major growth during the forthcoming years, exhibiting a growth rate of 4.98%. Contract logistics is one of the business models in which enterprises outsource the logistics functions to third-party service providers. The third-party logistics company takes all over the company’s operations which include inventory management, transportation & distribution, and warehousing. Contract logistics allows corporations to focus on the core activities associated with business which includes cost management associated with logistics. The North American market for contract logistics is evolving and is also dynamic.
Contract logistics is observing tremendous prospects for growth mainly due to the increasing e-commerce sector, mounting international trades, and various technological advancements associated with the logistics industry. The increasing consumer preference for procurement of goods and services via fast delivery systems is also driving the market for contract logistics in North America.
Market Segmentation
Based on the service, the North America contract logistics market has been segmented into warehousing, transportation, aftermarket logistics, and others.
Based on the industrial vertical, the market has been categorized into FMCG, electrical & electronics, home appliances, pharma and healthcare, personal care and cosmetics, e-commerce, aerospace, automotive, and others.
Regional Analysis
For the analysis of the North America contract logistics market, the U.S., Canada, and Mexico have been considered, among which the US emerged as the front-runner with a share of 85.07% in 2022. Canada held the second position with a market value of USD 6,484.50 million in 2022. North America's Contract Logistics market is projected to with a CAGR of 4.98% by the foreseeable period owing to surging demand for contract logistics across the region. The major growth factor behind the surging demand for contract logistics in the North America market is the increasing e-commerce sector across the region followed by increasing demand from the oil & gas industry in the United States contributing to a significant market growth. Apart from that, increasing expertise associated with handling and delivery of various perishable goods is also considered as the major growth propellor for the market growth. Besides that, the rising warehousing networks across the North American nations such as the U.S., & Canada along with the growth of green logistics are major factors creating growth prospects for the contract logistics market across the region.
Major Players
The key players operating in the North America contract logistics market include DHL Group, FedEx Corporation, United Parcel Service, Inc., Ryder System Inc., J. B Hunt Transport Inc., CMA CGM Group, JB Hunt Transport Services, Geodis, Deutsche Bahn AG, and Keuhnel+ Nagel.
Companies Mentioned
DHL Group
FedEx Corporation
United Parcel Service
Inc.
Ryder System Inc.
J. B Hunt Transport Inc.
CMA CGM Group
JB Hunt Transport Services
Geodis
Deutsche Bahn AG
and Keuhnel+ Nagel.
Table of Contents
95 Pages
- 1 Executive Summary 12
- 1.1 Market Attractiveness Analysis 14
- 1.1.1 North America Contract Logistics Market, By Service 15
- 1.1.2 North America Contract Logistics Market, By Industrial Vertical 16
- 2 Market Introduction 17
- 2.1 Definition 17
- 2.2 Scope Of The Study 17
- 2.3 Research Objective 17
- 2.4 Market Structure 19
- 2.5 Key Buying Criteria 19
- 3 Research Methodology 20
- 3.1 Research Process 20
- 3.2 Primary Research 21
- 3.3 Secondary Research 22
- 3.4 Market Size Estimation 23
- 3.5 Forecast Model 24
- 3.6 List Of Assumptions & Limitations 25
- 3.6.1 List Of Assumptions & Limitations 25
- 4 Market Dynamics 26
- 4.1 Introduction 26
- 4.2 Drivers 27
- 4.2.1 Escalating E-commerce Sector Across The Region 27
- 4.2.2 Oil & Gas Industry In The United States Contributes Significantly To The Market Growth 27
- 4.2.3 Driver Impact Analysis 28
- 4.3 Restraints 28
- 4.3.1 High Competition In The Industry 28
- 4.3.2 Restraint Impact Analysis 29
- 4.4 Opportunities 29
- 4.4.1 Rising Warehousing Network Across The United States 29
- 4.4.2 Growth Of Green Logistics 30
- 4.5 Challenges 30
- 4.5.1 Large Numbers Of Regulations 30
- 5 Market Factor Analysis 32
- 5.1 Supply Chain Analysis 32
- 5.1.1 Planning 32
- 5.1.2 Procurement 32
- 5.1.3 Warehousing 33
- 5.1.4 Transportation 33
- 5.1.5 Distribution 34
- 5.1.6 Customer Service 34
- 5.2 Porter's Five Forces Model 35
- 5.2.1 Threat Of New Entrants 36
- 5.2.2 Bargaining Power Of Suppliers 36
- 5.2.3 Threat Of Substitutes 36
- 5.2.4 Bargaining Power Of Buyers 36
- 5.2.5 Intensity Of Rivalry 37
- 5.3 Covid-19 Impact Analysis 37
- 5.3.1 Impact On Overall Packaging Industry 37
- 5.3.1.1 Economic Impact 37
- 5.3.2 Impact On Contract Logistics Market 38
- 5.3.2.1 Impact On Supply Chain Of Contract Logistics 38
- 5.3.2.1.1 Price Variation Of Key Raw Materials 38
- 5.3.2.1.2 Cash-flow Constraints 38
- 5.3.2.1.3 Impact On Import Export 38
- 5.3.2.2 Impact On Market Demand 39
- 5.3.2.2.1 Impact Due To Restrictions/ Lockdown 39
- 5.3.2.2.2 Consumer Sentiments 39
- 5.3.3 Impact On Pricing 40
- 6 North America Contract Logistics Market, By Service 41
- 6.1 Overview 41
- 6.1.1 North America Contract Logistics Market Estimates & Forecast, By Service, 2020–2030 42
- 6.2 Warehousing 42
- 6.3 Transportation 43
- 6.3.1 Railways 43
- 6.3.2 Roadways 43
- 6.3.3 Airways 44
- 6.3.4 Waterways 44
- 6.4 Aftermarket Logistics 44
- 6.5 Others 45
- 7 North America Contract Logistics Market, By Industrial Vertical 46
- 7.1 Overview 46
- 7.1.1 North America Contract Logistics Market Estimates & Forecast, By Industrial Vertical, 2020–2030 47
- 7.2 Fmcg 48
- 7.3 Electrical & Electronics 48
- 7.4 Home Appliances 49
- 7.5 Pharma And Healthcare 50
- 7.6 Personal Care And Cosmetics 50
- 7.7 E-commerce 51
- 7.8 Aerospace 52
- 7.9 Automotive 52
- 7.10 Others 53
- 8 North America Contract Logistics Market, By Country 54
- 8.1 Overview 54
- 8.2 North America 56
- 8.2.1 Us 57
- 8.2.2 Canada 58
- 8.2.3 Mexico 59
- 9 Competitive Landscape 61
- 9.1 Introduction 61
- 9.1.1 Market Strategy Analysis 61
- 9.2 Competitive Benchmarking 62
- 9.2.1 Introduction 62
- 9.2.2 Product Portfolio 62
- 9.2.3 Regional Presence 63
- 9.2.4 Strategic Alliances 63
- 9.2.5 Industry Experiences 63
- 9.3 Key Developments & Growth Strategies 63
- 9.3.1 Acquisition 63
- 9.3.2 Expansion 64
- 9.3.3 Partnership 64
- 9.3.4 Service Launch 64
- 9.4 Company Market Share Analysis, 2022 65
- 9.5 Major Growth Strategy In The North America Contract Logistics Market 65
- 9.6 Ryder Systems, Inc.: The Leading Player In Terms Of The Number Of Developments In The North America Contract Logistics Market 66
- 10 Company Profiles 67
- 10.1 Gxo Logistics Inc. 67
- 10.1.1 Company Overview 67
- 10.1.2 Financial Overview 68
- 10.1.3 Services Offered 68
- 10.1.4 Key Developments 69
- 10.1.5 Swot Analysis 69
- 10.1.6 Key Strategies 69
- 10.2 United Parcel Service, Inc. 70
- 10.2.1 Company Overview 70
- 10.2.2 Financial Overview 71
- 10.2.3 Services Offered 71
- 10.2.4 Key Developments 72
- 10.2.5 Swot Analysis 72
- 10.2.6 Key Strategies 72
- 10.3 Ryder System Inc. 73
- 10.3.1 Company Overview 73
- 10.3.2 Financial Overview 73
- 10.3.3 Services Offered 74
- 10.3.4 Key Developments 74
- 10.3.5 Swot Analysis 75
- 10.3.6 Key Strategies 75
- 10.4 J.B. Hunt Transport Inc. 76
- 10.4.1 Company Overview 76
- 10.4.2 Financial Overview 77
- 10.4.3 Services Offered 77
- 10.4.4 Key Developments 78
- 10.4.5 Key Strategies 78
- 10.5 Dhl Group 79
- 10.5.1 Company Overview 79
- 10.5.2 Financial Overview 80
- 10.5.3 Services Offered 80
- 10.5.4 Key Developments 81
- 10.5.5 Swot Analysis 81
- 10.5.6 Key Strategies 82
- 10.6 Fedex Corporation 83
- 10.6.1 Company Overview 83
- 10.6.2 Financial Overview 84
- 10.6.3 Services Offered 84
- 10.6.4 Key Developments 85
- 10.6.5 Swot Analysis 85
- 10.6.6 Key Strategies 85
- 10.7 Kuehne+ Nagel 86
- 10.7.1 Company Overview 86
- 10.7.2 Financial Overview 86
- 10.7.3 Services Offered 87
- 10.7.4 Swot Analysis 87
- 10.7.5 Key Strategies 88
- 10.8 Cma Cgm Group 89
- 10.8.1 Company Overview 89
- 10.8.2 Financial Overview 90
- 10.8.3 Services Offered 90
- 10.8.4 Key Developments 91
- 10.8.5 Key Strategies 91
- 10.9 Geodis 92
- 10.9.1 Company Overview 92
- 10.9.2 Financial Overview 92
- 10.9.3 Services Offered 92
- 10.9.4 Key Developments 92
- 10.9.5 Key Strategies 92
- 10.10 Deutsche Bahn Ag 93
- 10.10.1 Company Overview 93
- 10.10.2 Financial Overview 93
- 10.10.3 Services Offered 94
- 10.10.4 Key Developments 94
- 10.10.5 Key Strategies 94
- List Of Tables
- Table 1 Primary Interviews 21
- Table 2 North America Contract Logistics Market Estimates & Forecast, By Service, 2020–2030 (Usd Million) 42
- Table 3 North America Contract Logistics: Warehousing Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 43
- Table 4 North America Contract Logistics: Transportation Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 44
- Table 5 North America Contract Logistics: Aftermarket Logistics Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 45
- Table 6 North America Contract Logistics: Others Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 45
- Table 7 North America Contract Logistics Market Estimates & Forecast, By Industrial Vertical, 2020–2030 (Usd Million) 47
- Table 8 North America Contract Logistics: Fmcg Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 48
- Table 9 North America Contract Logistics: Electrical & Electronics Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 49
- Table 10 North America Contract Logistics: Home Appliances Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 49
- Table 11 North America Contract Logistics: Pharma And Healthcare Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 50
- Table 12 North America Contract Logistics: Personal Care And Cosmetics Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 51
- Table 13 North America Contract Logistics: E-commerce Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 51
- Table 14 North America Contract Logistics: Aerospace Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 52
- Table 15 North America Contract Logistics: Automotive Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 53
- Table 16 North America Contract Logistics: Others Market Estimates & Forecast, By Country, 2020–2030 (Usd Million) 53
- Table 17 North America: Contract Logistics, By Country, 2020–2030 (Usd Million) 56
- Table 18 North America: Contract Logistics, By Service, 2020–2030 (Usd Million) 56
- Table 19 North America Contract Logistics Market Estimates & Forecast, By Industrial Vertical, 2020–2030 (Usd Million) 57
- Table 20 Us: Contract Logistics, By Service, 2020–2030 (Usd Million) 57
- Table 21 Us: Contract Logistics Market Estimates & Forecast, By Industrial Vertical, 2020–2030 (Usd Million) 58
- Table 22 Canada: Contract Logistics, By Service, 2020–2030 (Usd Million) 58
- Table 23 Canada: Contract Logistics Market Estimates & Forecast, By Industrial Vertical, 2020–2030 (Usd Million) 59
- Table 24 Mexico: Contract Logistics, By Service, 2020–2030 (Usd Million) 59
- Table 25 Mexico: Contract Logistics Market Estimates & Forecast, By Industrial Vertical, 2020–2030 (Usd Million) 60
- Table 26 Acquisition 63
- Table 27 Expansion 64
- Table 28 Partnership 64
- Table 29 Service Launch 64
- Table 30 Gxo Logistics Inc.: Services Offered 68
- Table 31 United Parcel Service, Inc. Services Offered 71
- Table 32 United Parcel Service, Inc.: Key Developments 72
- Table 33 Ryder System Inc.: Services Offered 74
- Table 34 Ryder System Inc.: Key Developments 74
- Table 35 J.B Hunt Transport Inc.: Services Offered 77
- Table 36 J B Hunt Transport Inc.: Key Developments 78
- Table 37 Dhl Group: Services Offered 80
- Table 38 Dhl Group: Key Developments 81
- Table 39 Fedex Corporation: Services Offered 84
- Table 40 Kuehne + Nagel: Services Offered 87
- Table 41 Cma Cgm Group: Services Offered 90
- Table 42 Cma Cgm Group: Key Developments 91
- Table 43 Geodis: Services Offered 92
- Table 44 Deutsche Bahn Ag: Services Offered 94
- Table 45 Deutsche Bahn Ag: Key Developments 94
- List Of Figures
- Figure 1 Market Synopsis 13
- Figure 2 Market Attractiveness Analysis: North America Contract Logistics Market, 2022 14
- Figure 3 North America Contract Logistics Market Analysis, By Service, 2022 15
- Figure 4 North America Contract Logistics Market Analysis, By Industrial Vertical, 2022 16
- Figure 5 North America Contract Logistics Market: Structure 19
- Figure 6 Key Buying Criteria For Contract Logistics 19
- Figure 7 Research Process 20
- Figure 8 Top-down & Bottom-up Approaches 23
- Figure 9 Market Dynamic Analysis Of The North America Contract Logistics Market 26
- Figure 10 Oil And Gas Industry Revenue In The United States (Usd Million) 28
- Figure 11 North America Contract Logistics Market: Supply Chain Analysis 32
- Figure 12 Porter's Five Forces Analysis Of The North America Contract Logistics Market 35
- Figure 13 North America Contract Logistics Market, By Service, 2022 (% Share) 41
- Figure 14 North America Contract Logistics Market, By Service, 2020–2030 (Usd Million) 41
- Figure 15 North America Contract Logistics Market, By Industrial Vertical, 2022 (% Share) 46
- Figure 16 North America Contract Logistics Market, By Industrial Vertical, 2020–2030 (Usd Million) 47
- Figure 17 North America Contract Logistics Market, 2020–2030 (Usd Million) 54
- Figure 18 North America Contract Logistics Market, 2022 (% Share) 55
- Figure 19 Benchmarking Of Major Competitors 62
- Figure 20 Market Share Analysis Of The North America Contract Logistics Market 65
- Figure 21 Gxo Logistic Inc.: Financial Overview Snapshot 68
- Figure 22 Gxo Logistics Inc.: Swot Analysis 69
- Figure 23 United Parcel Service, Inc.: Financial Overview Snapshot 71
- Figure 24 United Parcel Service, Inc: Swot Analysis 72
- Figure 25 Ryder System Inc.: Financial Overview Snapshot 73
- Figure 26 Ryder System Inc.: Swot Analysis 75
- Figure 27 J.B Hunt Transport Inc.: Financial Analysis 77
- Figure 28 Dhl Group: Financial Analysis 80
- Figure 29 Dhl Group: Swot Analysis 81
- Figure 30 Fedex Corporation: Financial Analysis 84
- Figure 31 Fedex Corporation: Swot Analysis 85
- Figure 32 Kuehne+ Nagel: Financial Overview Snapshot 86
- Figure 33 Kuehne + Nagel: Swot Analysis 87
- Figure 34 Cma Cgm Group: Financial Overview Snapshot 90
- Figure 35 Deutsche Bahn Ag: Financial Overview Snapshot 93
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