Report Details:
15 Companies Covered
111 Pages
The Global Third-Party Logistics Market is Likely to Witness a Decent Growth During the Forecast Period: MRFR
Overview of the Third-Party Logistics (3PL) Market
The 3PL market expanded as businesses increasingly outsourced logistics functions to improve operational efficiency and navigate rising supply-chain complexities.
The third-party logistics market was valued at USD 982.04 billion in 2024 and is projected to reach USD 2483.4 billion by 2035, adhering to an impressive CAGR of 8.8% through the forecast period.[AJ1]
The advancement of the sector was supported by the rapid rise of e-commerce, globalization of trade, and adoption of advanced logistics technologies. Companies are prioritizing agility and resilience, relying more heavily on 3PL providers to manage transportation, warehousing, freight forwarding, and integrated logistics solutions.
Technological upgrades, including automation, digital freight networks, and AI-enabled optimization tools, are reshaping the 3PL ecosystem, enabling greater transparency and faster deliveries.
As industries such as retail, manufacturing, healthcare, and automotive continue to scale, their requirement for high-performance logistics services strengthens the long-term trajectory of the 3PL market.
Segment Insights
The service type segment underscored the dominance of transportation services, which held a market value of USD 400 billion in 2024, reflecting their essential role in enabling cross-border movement of goods and supporting end-to-end supply-chain operations.
Warehousing followed with a valuation of USD 320 billion, driven by the surge in inventory storage, order fulfillment, and e-commerce logistics. Integrated services, valued at USD 262.04 billion, continue to expand as companies seek unified logistics solutions combining transportation, warehousing, and value-added services.
The end-user segment was propelled by strong demand from retail, manufacturing, healthcare, and automotive sectors.
Retail remained a central growth driver as online shopping accelerates the need for rapid delivery and last-mile logistics, while healthcare and automotive relied on precision logistics to enable a consistent supply of critical components and medical goods.
The mode of transport segment reflected the broad utility of each transport medium in global logistics. Road and rail services supported inland transport efficiency, while air freight provided the fastest delivery for high-value and time-sensitive shipments.
Sea transport remained vital for global trade due to its capacity to support large-volume cargo, underscoring its long-standing role in international freight forwarding.
In terms of solution type, dedicated contract carriage delivers customized transportation services for long-term clients, while brokerage acts as a bridge between shippers and carriers, ensuring cost-effective and timely freight execution.
Freight forwarding remained integral to international trade, coordinating cross-border documentation and multimodal transportation to streamline logistics movements.
Regional Insights
North America led the market with a valuation of USD 400 billion in 2024, attributed to its advanced logistics infrastructure, high technology adoption, and strong demand from the retail and manufacturing industries.
Europe followed with a valuation of USD 350 billion, driven by established supply-chain networks and cross-border trade across EU member nations. Asia Pacific, valued at USD 150 billion, demonstrated rapid growth supported by expanding industrial production and the region’s booming e-commerce sector.
South America, at USD 60 billion, benefited from improving economic conditions and regional trade agreements. Meanwhile, the Middle East and Africa, valued at USD 22.04 billion, showed rising potential as logistics investments expand and regional economies diversify.
Key Players
Major companies in the market include CEVA Logistics, XPO Logistics, Expeditors International, Sinotrans, Kuehne + Nagel, J.B. Hunt Transport Services, DB Schenker, DHL Supply Chain, Ryder System, Peninsula, Nippon Express, UPS Supply Chain Solutions, Geodis, Panalpina, and C.H. Robinson.
These companies focus on geographic expansion, technology integration, and specialized logistics services to increase competitiveness within the evolving market environment.
Industry Developments
· In August 2025, Logistics Plus, Inc. was selected as a Top 100 3PL Provider by Inbound Logistics, marking its fourth consecutive year on the list.
· In November 2025, Barrett Distribution Centers, Inc. announced its ranking on the Inbound Logistics Top 100 3PL Providers 2025 list, strengthening its position in omnichannel fulfillment.
· In March 2025, several Asia-based logistics operators doubled warehouse leasing activity across major U.S. port cities, driven by e-commerce expansion and supply-chain diversification.
· In September 2025, a CBRE report revealed that nearly 70% of Asia-Pacific 3PL providers planned India expansion within two years, highlighting the country’s growing logistics prominence.
· In December 2024, DHL Supply Chain and Volvo Autonomous Solutions launched a pilot driverless-truck freight route between Dallas and Houston to advance autonomous 3PL transport capabilities.
Key Findings
· The global third-party logistics (3PL) market reached USD 982.04 billion in 2024. With an impressive CAGR of 8.8%, the ecosystem is set to propagate through the forecast period to reach USD 2483.4 billion by 2035.
· Transportation held the largest service valuation at USD 400 billion in 2024.
· Retail, manufacturing, healthcare, and automotive remained core end-user segments driving market expansion.
· North America dominated the global 3PL landscape. Asia Pacific experienced rapid growth due to manufacturing scale and e-commerce acceleration.
· Major logistics companies are investing heavily in automation, digital platforms, and sustainability initiatives.
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