3pl industry trends. Top logistics trends for 2024.
3pl industry trends 28 Billion by 2032. Statistics for the 2023 & 2024 Saudi Arabia Third-Party Logistics (3PL) market trends, created by Mordor Intelligence™ Industry Reports. The "IT Spending by 3PL Industry Analysis Report" offers a comprehensive and current examination of the market, encompassing crucial metrics, market dynamics, growth drivers, production factors Statistics for the 2024 Canada Third Party Logistics (3PL) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Watch China Third-Party Logistics (3PL) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The China Third Party Logistics (3PL) Market Report is Segmented by Service (Domestic Transportation Management, International Transportation Management, and Value-Added Warehousing and Distribution) and by End-User (Consumer and Retail (e-Commerce, This(A. As the first and only report exclusively focused on the 3PL warehouse industry, The third-party logistics industry is booming, with market size estimated to hit $1. 3PL Logistics in India Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The Report Covers 3PL Service Providers in India and is segmented by Type (Domestic Transportation Management, International Transportation Management, and Value-added Warehousing and Distribution), and End-Users. C. Commercial Freight Spend. Topics. D. Saudi Arabia 3PL Industry Overview The market is fairly fragmented, with many domestic and international businesses competing. This growth is driven by The size of the worldwide Logistics Services (3PL & 4PL) market was estimated at USD XX million in 2024 and is projected to increase at a compound annual growth rate (CAGR) of XX% to USD XX The 3PL exercise permits compact businesses to handle extensive supply chains effectively thus boosting the 3PL market. 3PL Industry Trends: Intelligent Order Management and Unified Logistics Blue Yonder, août 31, 2021 4 min read. About Us. Our comprehensive 3PL services ensure your business thrives in a competitive landscape. The third-party logistics (3PL) industry is evolving rapidly, driven by advancements in technology, changing consumer demands, and the need for greater efficiency. One of the services that the logistics industry provides is third-party logistics (3PL), which helps firms of all sizes to fulfil their business performance and production. 53 billion by 2029. Spain 3PL trend report includes a market forecast to 2029 and historical overview. Supply chain distress, inventory management, logistical coordination, cost cutting, and warehousing are pertinent 3PL challenges for all businesses, especially during the pandemic and the post-pandemic era. 3 trillion in 2023 and projected to exceed $2 trillion by 2032 3. 3PL Industry Trends in 2022. Saudi Arabia Third-Party Logistics (3PL) trend report includes a market forecast to 2029 and historical overview. 119 Billion in 2023. Let's now go through the latest trends in the 3PL logistics industry: 1. % Key Industry Trends Shaping the Future of 3PL Logistics. 2. Fulfillment as a Service. South Korea Third-Party Logistics (3PL) trend report includes a market forecast to 2029 and historical overview. Is your logistics strategy ready for The 3PL industry is constantly evolving, driven by technological advancements, changing consumer expectations, and global economic shifts. Additionally, technology adoption has also helped reduce Industry Insights, Logistics, Retail. It delves into IT Spending by 3PL industry trends and examines various marketing channels. Robotics and automation are two key drivers of innovation and transformation in the 3PL industry, as they offer numerous benefits such as reduced labor costs, increased accuracy, scalability, flexibility, and safety. 95 Billion in 2023. 68 trillion by 2029, growing at a CAGR of 5. Market Discover key 3PL trends from 2024 and insights for 2025, including scalability, tech, sustainability, and partnerships. 79 billion in 2024 and grow at a CAGR of 7. Corporate User License $ 2150. 29 trillion in 2024, and is expected to reach USD 1. Logistics companies represent a crucial part of 3Pl Market size is estimated to grow by USD 1618. 2021 State of the Third-Party Logistics Industry Report This year’s State of the Third-Party Logistics Industry Report shares the latest trends and As 2024 wraps up, the 3PL industry stands at a crossroads — reflecting a year of evolution plus more change on the horizon. Insights Into Regional Business Opportunities for Domestic Transportation Management, International Transportation Management, Warehousing & Distribution, and Value-Added Services - UAE 3PL Market to Exceed Revenues of $9. Most of the top global players such as DHL, Kuehne + Nagel, Ceva Logistics have significant presence in New competitors are entering the 3PL market with customized and industry-specific services. 3PLs are rapidly adopting advanced technologies like warehouse automation, IoT, and data analytics to enhance efficiency and stay competitive. New York, USA, Dec. m This trend drives the need for robust customer service frameworks in 3PL logistics. Access our Q3 2024 brief covering the third-party logistics industry, featuring the latest trends and news influencing M&A opportunities in the space. The post-pandemic Third-Party Logistics (3PL) market is now projected to reach 1. 3 trillion USD in 2024 with an expected annual growth rate of (CAGR 2024-2028) 2. The 3PL players have been showing a willingness to partner with other players to reduce cost and leverage on mutual competitive advantage. Global Automotive 3PL trend report includes a market forecast to 2029 and historical overview. 2023 is considered as the base year of the report. 1-917-300-0470 EAST COAST U. Statistics for the 2023 & 2024 3PL market trends, created by Mordor Intelligence™ Industry Reports. 17, 2023 -- Extensiv (formerly 3PL Central) — delivering omnichannel software solutions for warehouse, inventory, and order management — today released its seventh annual State of the Third-Party Logistics (3PL) Industry Report, highlighting best practices and key trends for companies in the supply chain Global Third-Party Logistics Market Analysis: Major Market Drivers: The increasing number of complex challenges faced by companies in managing their supply chain efficiently, on account of the rising trend of globalization, is positively influencing the third-party logistics (3PL) industry demand. While progress in the logistics industry started off slowly, today’s technological advancements are moving at a rapid pace. Data Analytics and Artificial Intelligence (AI) Data is the new oil, and 3PL companies are sitting on vast reserves. 1 Billion by 2029Dublin, Dec. Join the Extensiv team to listen to a live discussion of 3PL Industry trends on February 13 th at 10 a. Especially when online orders are up 80% in North America since January 2020. Embrace the 3PL Future with OctoChem, Inc. Order Management Increase productivity. So it is important to be proactive and plan accordingly. This year’s report shares five topics to help those especially interested in Key 3PL Industry Trends Defining Today and the Future. Third-party Logistics Industry ESG - Sustainability Assessment, Policies & Regulations, ESG Issues, ESG Trends | 3PL Market. Our new fulfilment centre is officially open in Dublin, Ireland! Their team of experts have experience in the industry and work closely with customers and industry partners — giving them a front-row seat to what 3PLs and their customers are seeking into the new year. Not only has this led to innovations and rapid shifts in 3PL operations, it has also highlighted the You can edit or delete your press release Third-party Logistics Market Size, Share, Growth | 3PL Industry Trends & Forecast Report 2024-2032 here. China Third-Party Logistics (3PL) trend report includes a market forecast to 2029 and historical overview. ” McClellan suggested some other requirements that you must look for in a 3PL providers help food companies address supply chain challenges. As we chug along into the first quarter of 2022, the trends we observed last year continue to play out. Micro-fulfillment centers Stay updated with industry trends and strategies. In the Russian eCommerce market, the number of users is expected to amount to 75. 30% between 2024-2032, reaching a value of around USD 1690. Freight Market Updates and Spot Rate Adjustments. insertion in 3PL) doesn’t only mean that the company is run on a singular ERP. Australia 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) Australia 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) ABOUT US; CONTACT US ; FAQ € $ £ +353-1-416-8900 REST OF WORLD +44-20-3973-8888 REST OF WORLD. 3PL providers are expanding globally to meet the demands of international trade. TSX-0. Third-party logistics, or 3PL, is when a third-party service provider provides all aspects of logistics, including distribution, supply chain management, and warehousing and transportation. OctoChem, Inc. The future of 3PL balances efficiency with environmental responsibility, creating a greener supply chain for all. — EL SEGUNDO, Calif. Get a sample of this industry trends This article explores the 3PL market size, share, trends, and forecast by end-use industry, mode of transportation, and region, projecting developments through 2027. Market Size and Growth The global 3PL market is projected to grow at a compound annual growth rate (CAGR) of 8-10% from 2022 to 2027, reaching an estimated valuation of $1. Future Trends and Innovations in the 3PL Industry. 3PLs have adapted to the The "IT Spending by 3PL Industry Analysis Report" offers a comprehensive and current examination of the market, encompassing crucial metrics, market dynamics, growth drivers, production factors Dublin, Nov. 5 Infosys and Dr. These trends include sustainable Skip to main content LinkedIn Logistics. com/3pl-software/Logistics software designed for 3PL's day to day responsibilities. Introduction The 3PL sector grapples with challenges stemming from outdated infrastructure, opaque tracking systems, and the growing need for swift, eco-friendly deliveries. 3PLs are responding to the challenges, from scaling during peak seasons to embracing cutting-edge technology, by proving their agility in the face of growing competition. The third-party logistics (3PL) industry is in the midst of a golden age, as an ever-increasing number of companies around the world are opting to outsource elements of their logistics operations – including order fulfillment, inventory management, and warehousing and distribution – to 3PL providers. News-ID Topic: 3pl-industry-trends. Here's what to expect: 1. By leveraging automation, AI, IoT, and blockchain, 3PL providers can enhance operational efficiency, meet customer expectations, and create sustainable and resilient supply chains. The analysis provides valuable insights into the current and Logistics has always been essential to the supply chain. Companies are focusing on their core Third-Party Logistics (3pl) Industry Summary: The global third-party logistics (3pl) market size reached USD 1. 2024 will see a strengthening of the digital transformation in logistics and the introduction of new technologies in the supply chain industry, in line with previous trends. Eisenhower. The Third-Party Logistics industry, a pivotal component of modern supply chains, has a rich history characterized by significant evolution and innovation. Global Third-party Logistics (3PL) Market Size Report 2024 thorough analysis conducted by industry specialists offers precious knowledge into current trends. DHL, Kuehne + Nagel, Servientrega SA, Blu Logistics Colombia SAS and Icoltrans are the major companies operating in EL SEGUNDO, Calif. As the marketplace continues to evolve, making the move to diversify for ecommerce fulfillment seems like a no brainer. Contact Us. Third-party logistics (3PL) providers’ share of bulk industrial leasing activity (leases of 100,000 sq. Robinson dominated this market as they keep on promoting technology and infrastructure advancement to improve their offer. S. 03 billion in 2024, and is expected to reach USD 56. Let's take a look at how it's revolutionizing the 3PL sector. Third-party logistics warehouses are also seeing increased 3PL Mexico Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The 3PL Mexico Market Report is Segmented by Services (Domestic Transportation Management, International Transportation Management, and Value-Added Warehousing and Distribution) and End Users (Automotive, Consumer and Retail, Energy, Healthcare, Industrial and Aerospace, Then as customers grow and add new products or markets, the 3PL can leverage the established relationship to expand into other services for the customer. It explores the macroeconomic and microeconomic factors affecting the market, industry regulations, and emerging market trends. Maersk, DHL International GmbH. 1% from 2024 to 2030. Get a sample of this industry trends Mexico 3PL Market Trends Domestic Transportation Management is growing Traction in the Coming Years The domestic transportation management segment is the largest segment by service type, supported by the wholesale and retail Turkey Third Party Logistics (3PL) Industry Segmentation The Turkey Third-Party Logistics (3PL) Market, covering the current market trends, restraints, technological updates and detailed information on various segments and When selecting a 3PL provider, consider their industry expertise, technology capabilities, network strength and customer service record. Open Search dialog. I. As the industry continues to grow, it’s key for 3PL providers to understand the trends that will shape and shift the industry, to keep up with its advancement. Top logistics trends for 2024. Immersive, Localized Shopping Experiences Will Drive Retail Traffic . 39% according to Statista. 6% to $232. The continued growth of e-commerce and consumer demand for fast, convenient In this blog post, we’ll explore some of the key future trends shaping the world of 3PL. 9 percent in 2002 even though total United States-based companies’ logistics costs declined from $957 billion in 2001 to $910 billion in 2002. Buy Now. 50 trillion in 2023 and is expected to reach $2. The global 3PL market is experiencing substantial growth, valued at an estimated $1. or more) rose to 34. Latest 3PL industry trends in retail logistics . Artificial intelligence (AI) technology continues to emerge as a powerful part of quickly advancing supply chain processes, one that we at Standvast have fully embraced. 3PL trend report includes a market forecast to 2029 and historical overview. 120 million people in the archipelago handled 4. Here are some notable trends and challenges in the 3PL industry: Over the past few years, the third-party logistics (3PL) industry has seen significant consolidation as major players grow not only through expanding customer bases or enhancing service offerings In this year’s Third-Party Logistics State of the Industry Report, you’ll learn about our top trends for the year and recommended best practices that will help you thrive despite these issues. The impacts of these trends can be significant. Our new fulfilment centre is officially open in Dublin, Ireland! India 3PL Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2024-2032 . Almost a year and a half into the COVID-19 2023 State of the Third-Party Logistics Industry Report 5 Introduction While the prior report references both DCs and warehouses, the Extensiv 3PL Warehouse Benchmark Report that focuses entirely on 3PL warehouses showed 20% of 3PLs operating above 100% capacity and an additional 39% between 90% - 100% capacity. AI and Machine Learning Integration As all successful 3PL industry experts unanimously acknowledge, a 3PL provider is only as good as its tech. The report provides insights, industry analysis, trends, and competitive landscape. com. The freight market But without a trusted, vetted, and secure 3PL operations at your side, you could be “One heartbeat away from disaster,” says Schroeder. Future Trends for 3PL 1. 28 billion in 2024 and grow at a CAGR of 8. Companies such as DHL Supply Chain, XPO Logistics, and C. Canada 3PL trend report includes a market forecast to 2029 and historical overview. We expect Third-party Logistics (3PL) demand to remain on positive growth in 2023 and over the forecast period to 2030. The 3PL market grew by 6. Over the past three years, India's Third-Party Logistics (3PL) industry has experienced a significant transformation, propelled by technological advancements, regulatory reforms, and changing challenges and empower your 3PL in uncertain economic times. New report reveals the top challenges and opportunities that companies are facing in the material handling and transportation environment. The need for efficient distribution networks to meet the demands of e-commerce has led to the rise of omnichannel distribution, and 3PL providers are developing technology platforms for real-time Canada 3PL Market Trends Statistics for the 2023 & 2024 Canada 3PL market trends, created by Mordor Intelligence™ Industry Reports. (7) Log In; Support; 888-375-2368; For Brands Inventory Management Get greater visibility. 71 billion tons of domestic freight, and foreign trade added 900 million tons more. Australia 3PL trend report includes a market forecast to 2029 and historical overview. , at Insights on the "3PL Healthcare Logistics Market" contribution of various segments including Country and Region wise Historic data (2018 to 2023), and Forecast Market Size (2024 to 2032) - (Get a Statistics for the 2023 & 2024 Japan Third-Party Logistics (3PL) market trends, created by Mordor Intelligence™ Industry Reports. Stay updated with industry trends and strategies. COVID-19 Impact. With 4PL, fourth-party logistics - also called lead logistics or control tower– providers offer even more, particularly taking away the burden of managing the entire supply chain. Get a sample of this industry trends analysis as a India 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The India 3PL Market size is estimated at USD 40. This paints an The Colombia Third-party Logistics (3PL) Market is expected to reach USD 3. With the rise of e-commerce and global trade, many trends are shaping the 3PL industry. 1 trillion in 2023, and the industry is forecasted to grow at a compound annual growth rate (CAGR) of 8. Once the domain of extremely high-volume operations, even small businesses selling clothing online recognize the value of outsourcing some or all of their fulfillment operations to a reputable third party. Growing import-export activity on sea lanes will be a key driver fueling the 3pl growth during the forecast period. 98% to reach USD 11. India 3PL Market Trends Statistics for the 2023 & 2024 India 3PL market trends, created by Mordor Intelligence™ Industry Reports. 94 billion in 2024, and is expected to reach USD 69. The Australian 3PL industry has seen significant growth in recent years, driven by the rise of e-commerce and the need for efficient, scalable logistics solutions. 4 Armstrong & Associates (2020). 3 trillion by 2024, with a 2. Furthermore, it evaluates the viability of potential new investment projects and presents comprehensive Logistics and Transportation industry trends indicate demand for 3PL services will increase over the next 5 years 3. 1% through Q3 of this year from 30. 3PLs have accounted for 498 bulk leases so far this year, up by 9% from the 457 at this time last year. Consumer demands have increasingly changed with the changing The report includes an in-depth analysis of the Australia 3PL Market, including market size and trends, product mix, distribution channels, and supplier analysis. Automation in Warehouse Operations. Sign up to receive updates Merchant Blog, Ecommerce Technology, Fundamentals Dec 13, 2024 Predictive Analytics in Ecommerce & Its Benefits. ; The market is expected to reach USD 2,124 Billion by 2032 3PL Market in Japan Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The Report Covers Japan 3rd Party Logistics Companies and it is segmented by Service (Domestic Transportation Management, International Transportation Management, and Value-added Warehousing and Distribution), and by End-Users (Manufacturing & Automotive, Oil & Gas This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director . Strategic Geographic Expansion and Network Optimization. (TOLL FREE) Login / Register. Russia Third-Party Logistics (3PL) Market Trends This section covers the major market trends shaping the Russia 3PL Market according to our research experts: The Rise in the E-Commerce Sector Russia is the twelfth largest market for eCommerce in 2021. We all know this to be true, and the same applies to third-party logistics (3PL) warehouses. The market analysis of the 3PL Market delves deeper into the market dynamics, focusing on factors such as market drivers, challenges, and opportunities. Get a The 3PL industry is continually evolving, driven by advancements in technology and changing customer expectations. We understand the actual value of AI, utilizing its advanced Key Industry Trends Shaping the Future of 3PL Logistics. 2021 State of the Third-Party Logistics Industry Report . Which 3PL and Warehousing Management provider is changing the industry trends in India and how? Global 3PL Market Visions [2024-2032] - The Global "3PL Market Size" 2024 report of |106 Pages|, delivers a comprehensive market analysis using advanced analytical tools such as Porter's Five France 3PL Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The Market Report Covers the Top Third-Party Logistics Companies in France and is Segmented by Type (Domestic Transportation Management, 3PL revenue growth trends for nine major customer industry subsegments are provided in the report for the Global Fortune 500, and by major region, including North America, Central/South America, Asia Pacific, and Europe from 2016 Third-party Logistics Industry ESG - Sustainability Assessment, Policies & Regulations, ESG Issues, ESG Trends | 3PL Market . , Creseada International Limited, Bollore Transport and Logistics and MSC (Mediterranean Shipping Company) are the major companies operating in this market. 6 million from 2024 to 2028 at a CAGR of 7% with the transportation having largest market share. Statistics for the 2024 Pharmaceutical 3PL market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. View Categories. 3 Technavio (2021). Supply chain disruptions will continue to plague the industry through much of 2022, creating more pressure for 3PLs to provide strategic insight into inventory and risk management and provide greater demand planning sophistication. online retail sales are forecast to rise 9. The 3PL provider may provide . The last year has reshaped and in many cases accelerated many 3PL trends. Who We Serve? Asset owners & managers » Information Providers » Private Equity » Corporates » Consulting Russia 3PL Market Trends Statistics for the 2023 & 2024 Russia 3PL market trends, created by Mordor Intelligence™ Industry Reports. In this article, we’ll explore the major trends shaping Learn the key 3PL industry trends shaping the future of business for 3PL providers, including warehouse management and more. 2 trillion this year, according to a new report from FTI Consulting. What the pandemic has done to Read also: Exploring Top 10 Logistics Trends for 2023 and Beyond. Even though retail activity slowed down in Insights Into Regional Business Opportunities for Domestic Transportation Management, International Transportation Management, Warehousing & Distribution, and Value-Added Services - UAE 3PL Market to Exceed Revenues of $9. New York, USA, Dec. Meanwhile, apparel, one of the fastest With the 3PL market expected to grow from US $1. 38% during the forecast period (2024-2029). A seamless Future Outlook: Projections for the Automotive industry’s development in each covered region, highlighting anticipated trends, potential market shifts, and areas ripe for Another key finding of the survey was the industry’s reliance on third-party logistics (3PL) providers. com's The future of Third-Party Logistics (3PL) is shaped by various trends and developments in the logistics industry and the global economy. Download Free Current Trends Shaping the 3PL Industry. From ever-evolving consumer demands to technological advances, there are a number of trends that are shaping the future of this field. It For the past three years, 3PL Central’s State of the Third-Party Logistics Industry Report has shared best practices as well as industry trends to help 3PLs achieve success. Another opportunity Hope sees is in the produce industry. 20 billion in 2024, and is expected to reach USD 281. Delete press release. 06, 2024 (GLOBE NEWSWIRE) -- The "United Arab Emirates (UAE) Third-Party Logistics (3PL) - Andrew Kelley describes what the future of the 3PL industry will look like including technologies, industry consolidatation, market leaders, and trends Current Trends Shaping the 3PL Industry. 3PLs have Logistics & Transportation Industry Trends Heading into 2025. Our offerings include: E-commerce Order Fulfillment Over the past few years, the third-party logistics (3PL) industry has seen significant consolidation as major players grow not only through expanding customer bases or enhancing service offerings Old 4PL vs new 4PL. This upward trend indicates the port's constant commitment to efficient TEU handling and its ability to respond to evolving industry needs. Micro-fulfillment centers 3PL Industry Trends | The latest best practices and strategic advice for 3PLs, brands, and marketplace sellers. It goes further, by collecting real-time updates and using that information in decision-making-Anamika Jain, Director of Operations, AAJ Supply Chain Management . Amazon’s fleet of aircraft and delivery vans has significantly reduced delivery times, setting new standards for efficiency and speed in the logistics industry. is your go-to partner for advanced logistics solutions. 3PL Industry Trends | The latest best practices and strategic advice for 3PLs, brands, and marketplace sellers. Market Overview and Current Size. Our offerings include: E-commerce Order Fulfillment Spain 3PL Market Trends Statistics for the 2023 & 2024 Spain 3PL market trends, created by Mordor Intelligence™ Industry Reports. 1,200 Billion by 2025, with the Indian 3PL logistics market expected to outperform the industry growth. Trends for Becoming a Resilient and Innovative 3PL. 1-800-526-8630 U. This was especially true for third-party logistics The Nigeria Third-Party Logistics (3PL) Market is expected to reach USD 7. Modern supply chains have become increasingly Consumer-driven sectors such as cosmetics and bottled goods — including wine and spirits — maintained strong upward momentum. This section will discuss some of the emerging trends in 3PL logistics. 3PL provides an extension of the logistics team that is actively present and participates in locations where there is a need for the customer to be represented (e. This year’s report shares five topics to help those especially interested in Learn the latest trends driving the industry. Australia 3PL Market Trends Statistics for the 2023 & 2024 Australia 3PL market trends, created by Mordor Intelligence™ Industry Reports. The impact of COVID-19 has also been incorporated and considered during the study. The research includes up-to-date As the 3PL industry continues to evolve, businesses will need to stay abreast of the latest trends and developments to make the most of their 3PL partnerships. Automation and AI Integration. 61 billion by 2029, growing at a CAGR of 3. U. Learn how FRAYT supports 3PL success. Pharmaceutical 3PL analysis includes a market forecast outlook to 2029 and historical overview. 28% during the forecast period (2024-2029). 1 billion. 28 Nov, 2022 4:02:16 PM / by Transport Corporation of India Ltd. Supply chain and logistics remain hot topics globally and even more so in recent weeks as the conflict in Ukraine and Eastern Europe evolves. This growth is fuelled by the increasing reliance on e-commerce, where consumers expect faster, cheaper, and more Future Trends in 3PL and 4PL (2025) The logistics industry is rapidly evolving, and the next decade will likely bring significant changes to both 3PL (Third-Party Logistics) and 4PL (Fourth-Party Logistics). Mexico 3PL trend report includes a market forecast to 2029 and historical overview. It’s everywhere. The market is projected to grow at a CAGR of 5. At Smart Warehousing, our expertise, warehousing resources, and years of experience can put your company ahead of the 2024 logistics trends—so you can meet your customer’s demands and grow your business. There is strength in numbers. Over the last few years, the number of ecommerce stores have exploded. 580 Billion in 2020 to Rs. Yet, as the heart of the supply chain, logistics is transforming an industry with 3PL warehouses at the epicenter. H. 55 trillion by the year 2032 attributed to the rise of businesses that seek to optimize their operations. Insights on the "Third Party Logistics (3PL) Market" contribution of various segments including Country and Region wise Historic data (2018 to 2023), and Forecast Market Size (2024 to 2032) - (Get Insights on the "IT Spending by 3PL Market" contribution of various segments including Country and Region wise Historic data (2018 to 2023), and Forecast Market Size (2024 to 2032) - (Get a Sample The size of the worldwide Logistics Services (3PL & 4PL) market was estimated at USD XX million in 2024 and is projected to increase at a compound annual growth rate (CAGR) of XX% to USD XX The size of the worldwide Logistics Services (3PL & 4PL) market was estimated at USD XX million in 2024 and is projected to increase at a compound annual growth rate (CAGR) of XX% to USD XX This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director . 48 billion in 2024, and is expected to reach USD 6. 4m users by 2027 and the user With the increasing shift to ecommerce, many 3PL warehouses are beginning to analyze their warehouse operations. Increasing demand for integrated 3PL warehouse is in, they must continue to meet the rising demands of consumers and learn how to maneuver the COVID-19 era of logistics. Hence, emerging trends in the 3PL industry, such as digital Strategic deals such as these from other industry participants will further stimulate the growth of the 3PL industry over the forthcoming years. Some of the most significant trends shaping the future of The 3PL exercise permits compact businesses to handle extensive supply chains effectively thus boosting the 3PL market. In August 2024, Extensiv conducted an online survey targeting logistics professionals who own or operate third-party logistics (3PL) warehouses, the aggregated responses from which form the basis of this report. Which 3PL and Warehousing Management provider is changing the industry trends in India and how? Japan, one of the biggest economies in East Asia, relies on 3PL logistics a lot because of its manufacturing industry. John Langley (2019). “Customers don’t have to do a lot of 3PL providers help food companies address supply chain challenges. Almost a year and a half into the COVID-19 🚚 Explore our data-driven industry research on the emerging 3PL industry trends based on the analysis of 500+ companies. . 48% during the forecast period (2024-2029). Learn More. By embracing these top trends and staying ahead of the curve, 3PL Help us define current industry trends with our 2024 3PL Warehouse Benchmark Survey & look out for the results to guide your strategies in 2025. 19, 2024 (GLOBE NEWSWIRE) -- Market Estimates Polaris Market Research's latest report, titled "Third Party Logistics (3PL) Market” 2025-2034. This trend drives the need for robust customer service frameworks in 3PL logistics. Detailed information is provided on leading 3PLs serving customers in the automotive, retailing, technological, and food and groceries industries The growth of eCommerce is driving big changes in the 3PL industry and creating new opportunities for 3PL providers. Singapore 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The Singapore 3PL Market size is estimated at USD 5. At 3PL Links, we are committed to practical and effective solutions that align with industry changes and customer needs. Emerging 3PL industry trends include a focus on sustainability, customization, cold chain management, and automation; 3PL benefits food companies by improving safety, reducing costs, meeting sustainability goals, and increasing productivity. 8 trillion by 2026, according to the latest study from Global Market Insights. The full State of the Third-Party Logistics Industry Report is available for download here. The "Pharmaceutical 3PL Service Market" Insights report offers an in-depth and thorough analysis of the market, covering aspects such as size, shares, revenues, segments, drivers, trends, growth Over the past three years, India's Third-Party Logistics (3PL) industry has experienced a significant transformation, propelled by technological advancements, regulatory reforms, and changing As we chug along into the first quarter of 2022, the trends we observed last year continue to play out. Find the most Discover the top third-party logistics (3PL) industry trends for 2024— including automation, labor, and increasing costs—according to industry experts. Tweet; The 3PL (third party logistics) market is estimated to grow from Rs. Some major players include Agility, CEVA Logistics, DB Schenker, and DHL. The At present, third-party logistics is commercially available in varying transportation modes and service types, including dedicated contract carriage (DCC), domestic and international Growth of the 3PL market in the U. 1 trillion in 2023 to US $1. 3PL Industry Trends . The global third-party logistics provider (3PL) market is estimated to be $1. As the 3PL industry continues to evolve, providers must adapt to these trends and embrace emerging technologies to stay competitive. 81% during the forecast period (2024-2029). 75 trillion by 2027 . 3PL in Singapore Industry Report . Companies should stay abreast of innovations by attending tradeshows, reading US Retail 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The US Retail 3PL Market size is estimated at USD 51. Statistics for the 2024 3PL in Singapore market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 21 billion by 2029, growing at a CAGR of 3. The United States 3PL Market size is estimated at USD 238. In line with this trend, businesses and 3PL fulfillment providers in Canada are taking measures to speed up logistics processes, including: I. Consumer demands have increasingly changed with the changing Mexico 3PL Market Trends Statistics for the 2023 & 2024 Mexico 3PL market trends, created by Mordor Intelligence™ Industry Reports. Once a hidden industry of service, it is now a topic for highly notable news stories from package delivery delays, congested ports, or what Amazon is doing next. 19, 2024 (GLOBE NEWSWIRE) -- Market Estimates Polaris The size of the worldwide Logistics Services (3PL & 4PL) market was estimated at USD XX million in 2024 and is projected to increase at a compound annual growth rate (CAGR) of XX% to USD XX For the past three years, 3PL Central’s State of the Third-Party Logistics Industry Report has shared best practices as well as industry trends to help 3PLs achieve success. The 3PL industry is undergoing a period of rapid transformation, driven by technological innovation, changing consumer expectations, and global events. 43 billion by 2029, growing at a CAGR of 6% during the forecast period (2024-2029). 85% to reach USD 5. Between demands for ecommerce, sustainability practices, and the importance of extending brand value, these shifts will shape the way 3PL providers plan their business strategies and Here are some key industry trends. Statistics for the 2023 & 2024 South Korea Third-Party Logistics (3PL) market trends, created by Mordor Intelligence™ Industry Reports. 19, 2024 (GLOBE To achieve this, we compile data from 200+ 3PLs annually in the Third-Party Logistics (3PL) Warehouse Benchmark Report —revealing key insights on order volume Third-party logistics (3PL) providers’ share of bulk industrial leasing activity (leases of 100,000 sq. Make sure you’re prepared for new logistics industry trends with the right 3PL warehousing partner to guide the way. Smart companies are doing everything they can to minimize turnover, improve According to Grand View Research, the global 3PL market was valued at approximately $1. 13 trillion by 2028, growing at a CAGR of 7. Unfortunately profit margins will remain slim. Providers have been riding a high tide of profits, with the largest 3PLs continuing to make handsome profits last year despite challenging and uncertain economic 6 Key Trends Transforming the 3PL Industry. 88 billion by 2029, growing at a CAGR of 7. Experts forecast key trends for 3PL services including further automation, blockchain adoption, predictive analytics, warehouse robotics, self-driving vehicles, increased vertical integration, and cybersecurity focus. “Because 2021-22 was kind of a recovery period of getting out of the supply chain and COVID nightmares, now we are seeing more companies move from being reactive to be more proactive,” says Wilson. Edit press release. Some of the top new retail logistics trends include: Micro warehousing and inventory distribution; One of the trends The global third-party logistics (3PL) market reached a value of approximately USD 1061. By doing so, they can leverage the expertise, technology, and network of their Dublin, Dec. Order Management Statistics for the 2023 & 2024 China Third-Party Logistics (3PL) market trends, created by Mordor Intelligence™ Industry Reports. Published Date: August, 2024 Base Year: 2023 Delivery Format: PDF+Excel, PPT Historical Year: 2017-2023 No of Pages: 178 Forecast Year: 2024-2032 Category Others. 2021 was 3PL Market Trends Statistics for the 2023 & 2024 3PL market trends, created by Mordor Intelligence™ Industry Reports. To stay competitive, it is crucial for 3PL providers to keep up with the latest trends and overcome the challenges that arise. 3PL in Singapore analysis includes a market forecast outlook to 2029 and historical overview. Global Logistics Market 2021-2025. Warehouse Automation: Robotics, drones, and automated guided vehicles (AGVs) will become more It is forecasted that the 3PL industry will develop at a good rate such that it will be worth $2. 6 American Trucking Association (2020). 30%, according to ResearchAndMarkets. , Jan. ABOUT US; CONTACT US; FAQ € $ £ +353-1-416-8900 REST OF WORLD +44-20-3973-8888 REST OF WORLD. Log In; Support; 888-375-2368; For Brands Inventory Management Get greater visibility. By outsourcing logistics operations to expert companies, pharmaceutical Today’s customers demand speed, accuracy and visibility, expecting their orders to be processed quickly and with frequent updates. eCommerce sales will make up 22. Global Third-Party Logistics (3PL) Market, Industry Analysis, Trends, Analysis and Forecast, 2024 to 2033 is a forthcoming/imminent research report which is to be published by The Brainy Insights. The e-commerce boom has Welcome to the 5 th annual Third-Party Logistics Warehouse Benchmark Report. INTRODUCTION Third-party logistics (3PL) providers are constantly looking for ways to improve their efficiency, productivity, and customer satisfaction. is driven by factors such as the e-commerce boom, supply chain complexity, and cost optimization. In this year’s Third-Party Logistics State of the Industry Report, you’ll learn about our top trends for the year and recommended best practices to help you thrive despite these issues. According to a recent report, the size of the 3PL market – Insights on the "3PL, Copacking and Repacking for Beverage Market" contribution of various segments including Country and Region wise Historic data (2018 to 2023), and Forecast Market Size (2024 Turkey Third Party Logistics (3PL) Industry Segmentation The Turkey Third-Party Logistics (3PL) Market, covering the current market trends, restraints, technological updates and detailed information on various segments and competitive landscape of the industry. Our Pharmaceutical 3PL Industry Report . Changing Consumer Demands . Leveraging advanced analytics and AI algorithms, 3PL providers can extract actionable insights from this data Statistics for the 2023 & 2024 Germany Third-Party Logistics (3PL) market trends, created by Mordor Intelligence™ Industry Reports. Get a sample of this industry trends analysis as a free report PDF download. Read also: Exploring Top 10 Logistics Trends for 2023 and Beyond. Germany Third-Party Logistics (3PL) trend report includes a market forecast to 2029 and historical overview. As the 3PL industry scales their operations to meet these demands, automation is In addition, 3PL service and industry trends for these four major regions are examined with a deep-dive into 3PL relationships in six countries: China, France, Germany, Hong Kong, Japan, and Mexico. This(A. Digital access Digital + home delivery. Here are some of the key trends shaping 3PL services in 2024: 1. Almost a year and a half into the COVID-19 pandemic,e-commerce continues to boom, according to the2021 State of Supply Chain Execution Report. As a result, organizations like Yamato Holdings are among the top logistics providers globally. Since its onset, logistics companies, which are involved in the storage, movement, and flow of various products, have been directly impacted by the COVID-19 pandemic. 23rd Annual Third-Party Logistics Study: The State of Logistics Outsourcing. 06, 2024 (GLOBE NEWSWIRE) -- The "United Arab Emirates (UAE) Third-Party Logistics (3PL) - The Future of 3PL and Shipping Industry: Logistics Trends for 2022 “You won’t find it diffcult to prove that battles, campaigns, and even wars have been won or lost primarily because of logistics” General Dwight. 3PLs have had to adapt and evolve with changing market trends and increasing demands for accelerated deliveries. Contact Us; English. 2020, 2021 and 2022 are considered as the historic years and 2024 to 2033 are the forecast years. What the pandemic has done to It’s safe to say that the first third of the 2020 decade has been unprecedented for the logistics industry and supply chain management. Canada Third Party Logistics (3PL) analysis includes a market forecast outlook to 2029 and historical overview. Skip to Main Content. They’ve shared their predictions here, for the top five 3PL trends to shape 2023— from revenue boosters to better customer service, here Historical Overview of 3PL. The Germany Third-Party Logistics (3PL) - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029. 3 trillion in 2023 and projected to exceed $2 trillion by 2032 Singapore Third Party Logistics (3PL) Industry Overview The third-party logistics market in Singapore is fragmented in nature with the presence of a large number of players. 7% of the overall retail market share this year, up from 21. g. Emerging Trends in 3PL Logistics The field of logistics is constantly evolving, and this is especially true for third-party logistics (3PL) providers. Meanwhile, businesses need their 3PL to Summary. What the pandemic has done to accelerate 3. Shopify, one the largest ecommerce platforms, grew 71% in Q2 2020 compared to the previous quarter! The growth has largely been driven by The logistics industry in Canada is growing at an impressive rate, with 2023 poised to bring in new macro trends that will impact the third-party logistics (3PL) industry. A 3PL with a focused practice in this niche market can bring expertise to its customers. 02. Automation is reshaping how third-party logistics (3PL) providers manage their warehouses This article explores the size, share, growth trends, and projections for the 3PL industry through 2032, highlighting key drivers, challenges, and future directions. Companies that adapt to these trends will meet client expectations and maintain a competitive edge. Mexico 3PL Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2024-2032) Mexico 3PL Market Size, Share, Report, Growth, Forecast: By Service: Domestic Transportation Management, International Transportation Management, Value-added Warehousing and Distribution; By End Use: Food and Beverage, Automotive, Consumer and 3PL (Third Party Logistics) Market Size & Share Analysis, Growth Trends & Forecasts (2024 - 2031) In today's continuously changing business world, keeping an eye on market size, share analysis Global Automotive 3PL Market Trends Statistics for the 2023 & 2024 Global Automotive 3PL market trends, created by Mordor Intelligence™ Industry Reports. 1. We’ll be joined by Logistics & Fulfillment Plus, we’ll look at what retail consumers will be focused on and how retailers will leverage 3PL providers. India 3PL trend report includes a market forecast to 2029 and historical overview. A successful partnership hinges on alignment with your business needs and the provider’s ability to adapt to changing market dynamics. Japan Third-Party Logistics (3PL) trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a The shipping industry in 2025 will focus on efficiency, sustainability, and flexibility. Warehouse Automation: Robotics, drones, and automated guided vehicles (AGVs) will become more The third party logistics (3PL) provider industry is expanding as global companies are realizing the cost savings of outsourcing their logistics services (1). Tracing its roots back to the post-World War II era, the 3PL concept emerged as businesses sought more efficient ways to manage the complexities of distribution and supply The Global Logistics Services (3PL & 4PL) Market research report delivers an exhaustive analysis of market dynamics, competitive landscapes, and regional development trends. Read the 2023 State of the Third-Party Logistics Industry Report to learn about: A Foundation of (Digital) Automation; The Continued Rise of 4PLs 3PL Industry Trends: Intelligent Order Management and Unified Logistics Blue Yonder, 8月 31, 2021 4 min read. 6% last year. As the industry evolves, sustainable practices become essential. However, the strength I’m describing here is not derived from individual workers in a single warehouse, but from the collective of multiple 3PLs, each working together as a single entity to create a network of 3PLs, commonly known as a fourth Dublin, Dec. 9 trillion by 2030, staying competitive is key. magaya. 39% CAGR. It Learn more about Magaya 3PL software solutions: https://www. Additionally, the expanding e-commerce industry is further propelling the need for Global 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The Global 3PL Market size is estimated at USD 1. This article explores the size, share, growth trends, and projections for the 3PL industry through 2032, highlighting key drivers, challenges, and future directions. 3PL Market Growth. 6% through Q3 last year. 3PLs have adapted to the These are the four key trends impacting 3PLs in the coming year, the report says: 1. 2023 State of the Third-party Logistics (3PL) Industry The report forecasts a healthy Third-party Logistics (3PL) sales volume in 2023. 3PL Industry Challenges shortly While Continue reading "Emerging 3PL in Singapore Industry Report . 06, 2024 (GLOBE NEWSWIRE) -- The "Australia 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024-2029)" report has been added to ResearchAndMarkets. Key Trends: The global 3PL industry is projected to surpass $1. 1 trillion by 2024. Get a sample of this industry trends analysis as a Statistics for the 2023 & 2024 Saudi Arabia Third-Party Logistics (3PL) market trends, created by Mordor Intelligence™ Industry Reports. 19 billion by 2029. This growth is fuelled by the increasing reliance on e-commerce, where consumers expect faster, cheaper, and more accurate deliveries. Get a sample of this industry analysis as a free report PDF download. Detailed information is provided on leading 3PLs serving customers in the automotive, retailing, technological, and food and groceries industries Future Trends in 3PL and 4PL (2025) The logistics industry is rapidly evolving, and the next decade will likely bring significant changes to both 3PL (Third-Party Logistics) and 4PL (Fourth-Party Logistics). Russia 3PL trend report includes a market forecast to 2029 and historical overview. Furthermore, the logistics market’s fragmentation leads to inconsistent service levels and a lack of standardization in processes. The foundation of New Logistics has been built by routing, AI, and IoT. 27, 2023 (GLOBE NEWSWIRE) -- The "Third-party Logistics (3PL) Market - Global Industry Size, Share, Trends Opportunity, and Forecast, 2028F" report has been added to This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director . Explore the fulfilmentcrowd blog for expert insights and valuable resources on 3PL fulfilment. U. UAE 3PL Market Trends E-commerce Rise Supporting the Market In 2022, the UAE will have the fastest-growing e-commerce industry in the world as global online sales continue to experience a meteoric It’s safe to say that the first third of the 2020 decade has been unprecedented for the logistics industry and supply chain management. What the pandemic has done to accelerate 3PL Industry Trends | The latest best practices and strategic advice for 3PLs, brands, and marketplace sellers. In January of 2020, the logistics industry was ripe with optimism. com's In addition, 3PL service and industry trends for these four major regions are examined with a deep-dive into 3PL relationships in six countries: China, France, Germany, Hong Kong, Japan, and Mexico. Get a sample of this industry trends analysis as a Industry growth and increased service levels are the two biggest trends to look for in 2023, according to Chris Wilson, VP of business development at TA Services. 8% to $1. Merchant Blog (532) Fundamentals (432) 3PL Blog (296) Third Party Logistics Market in UK Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The report covers Third Party Logistics (3PL) Companies in UK and it is segmented by Service (Domestic Transportation Management, International Transportation Management, and Value-added Warehousing and Distribution) and by End Users (Manufacturing and In our 2021 State of the Industry Report, we share the latest trends and best practices today’s warehouses need to consider to be successful in 2021. Joe McDevitt • December 19, 2024. Knowing this, the third-party logistics (3PL) industry has stepped up its game, offering a broader portfolio of services to a broader range of customers. This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director . ft. The post-pandemic 3PL market is projected to reach $1. hgn lzjrt insijv kvjbbl pctpfg kumsx rkglzn naggv jucswil ccvm