Third Party Logistics (3PL) Market
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3PL (Third Party Logistics) Market is Expected to Reach $1,109,775 Million, Globally, by 2022 - PowerPoint PPT Presentation

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Download sample report @ \nThe global 3PL market is poised to witness significant growth during the forecast period owing to increase in e-commerce industry and trade activities around the globe, inclination of manufactures and retailers towards enhancing their core competencies for enhance profitability.

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Third Party Logistics (3PL) Market

Third Party Logistics (3PL) Market


Third Party




Warehousing and



Party Logistics

Logistics ( (3 3PL)



and Distribution,

2014 - - 2022


PL) Market

Market by



Distribution, IT IT services

by Transport

Transport (Roadways,



services and

and Logistics

(Roadways, Railways,



Logistics Software)

Railways, Airways,



Software) - - Global

Airways, Waterways)

Waterways) and

and Service

Service (Dedicated



Global Opportunity

Opportunity Analysis

Analysis and




and Industry


Third Party Logistics (3PL) Market

Current and future Market Scenario

• Global Third Party Logistics (3PL) market is estimated to reach $1,109,775 million, states Allied

Market Research.

• 3PL market will grow at a prominent CAGR of 5.16 % from 2016 to 2022.

• IT services and logistics software is expected to register a substantial growth with CAGR of

5.72% from 2016 to 2022.

• Major volume of goods transported across the world is done through roadways and waterways

which constitutes for close to two-thirds of the global3PL market

Third Party Logistics (3PL) Market

Factors Contributing to Market Growth

• Advanced IT solutions like EDI (Electronic Data Interchange), VMI (Vendor Managed Inventory)

are enhancing the growth of 3PL market.

• Other factors that contribute to market growth are:

• Increase in trading activities due to globalization

• Manufacturers and retailers focus on core competencies is increasing

• Increase in the e-commerce industry and reverse logistics operations

Third Party Logistics (3PL) Market

Market Segments

Mode Of Transport

Service Type

Dedicated Contract Carriage (DCC)


Domestic Transportation Management


International Transportation Management


Warehousing and Distribution


IT services and Logistics Software

Third Party Logistics (3PL) Market

Dominating Segments

• The global 3PL market is occupied by dedicated contract carriage and domestic

transportation management to two-third of the service type segments.

• Increase in free trade agreements between the countries is evolving the market of

3PL companies.

• Growth in the trade activities around the globe and increase in the e-commerce

industry has increased the demand of the 3PL companies

Third Party Logistics (3PL) Market

Region Overview

• Geographically, Third Party Logistics (3PL) Market is segmented across North America, Europe,

Asia-Pacific, and LAMEA.

• Asia Pacific is expected to be the largest as well as fastest growing geography at a CAGR of


• More than half of the 3PL market in Asia pacific was occupied by China in 2014.

• India is anticipated to grow at the highest CAGR of 8.13% during 2016 to 2022.

Third Party Logistics (3PL) Market

Leading Players

• The leading players in the Third Party Logistics (3PL) Market have adopted key strategies such

as collaborations, agreement and acquisition to expand their market presence.

• DHL, United Parcel Service, FedEx Corporation, Damco, DB Schenker, Kuehne+Nagel Inc., NYK

logistics, Panalpina World Transport Ltd., Union Pacific Corporation and BNSF Railway Company

are the key players in this industry.

A report titled “Third Party Logistics (3PL) Market - Opportunities and Forecasts,

2014 – 2022” has been recently published by Allied Market Research. It makes an

in-depth analysis of current trends, drivers, and restraining factors that affect

financial ratios relevant to the industry. Company profiles for key vendors in

business builds a comprehensive picture of profitable opportunities from

stakeholder’s perspective.

To know more about the Third Party Logistics (3PL) Market - Opportunities and Forecasts, 2014 – 2022 report:

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