Contract Logistics Market Size, Share, Trends, Growth, Scope, Report (2024)

The research report on theContract Logistics Market offers extensive details on the offerings of key players in the market. It also delves into the analysis of the market's growth in mature segments and lucrative emerging markets. Additionally, the report provides an in-depth assessment of the global Contract Logistics Market, including the identification of key players and their financials. Furthermore, it analyzes the competitive landscape of the industry and its impact on the market's growth in the coming years.

The global Contract Logistics Market is categorized by players, region (country), type, and application. This segmentation enables players, stakeholders, and other interested parties to utilize the report as a valuable resource for gaining a competitive advantage. The report's segmental analysis provides a detailed revenue forecast for the period of analysis, based on type and application.

The research study includes profiles of leading companies operating in the Contract Logistics Market:

  • DHL Supply Chain & Global Forwarding
  • Kuehne + Nagel
  • DB Schenker
  • Nippon Express
  • CEVA Logistics
  • Agility Logistics
  • XPO Logistics
  • Yusen Logistics
  • Panalpina
  • Expeditors International

The study report on the Contract Logistics Market provides a comprehensive analysis of its size across the globe, including regional and country-level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales analysis of the market players. The report also highlights major challenges and risks likely to be faced during the forecast period. Furthermore, theContract Logistics Market is segmented by type and application, enabling players, stakeholders, and other interested parties to utilize the report as a valuable resource.

Moreover, the report includes a SWOT analysis, which provides an understanding of the market's strengths, weaknesses, opportunities, and threats. Additionally, it provides the Porter Five Forces Model analysis for the Global Contract Logistics Market.

Contract Logistics Market Segmentaion

Service

  • Transportation
  • Warehousing
  • Distribution
  • Aftermarket Logistics

Type

  • Insourcing
  • Outsourcing

Industry Vertical

  • Retail
  • E-Commerce
  • Manufacturing
  • Others

Mode of Transportation

  • Railways
  • Airways
  • Roadways
  • Waterways

Regional Analysis Covered in this report:

• North America (USA and Canada)

• Europe (UK, Germany, France and the rest of Europe)

• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

• Latin America (Brazil, Mexico, and the rest of Latin America)

• Middle East and Africa (GCC and rest of the Middle East and Africa)

Key Benefits ofGlobal Contract Logistics MarketReport–

  • GlobalContract Logistics Market report covers in-depth historical and forecast analysis.
  • Global Contract Logistics Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country Level.
  • GlobalContract Logistics Market report helps to identify opportunities in the marketplace.
  • GlobalContract Logistics Market report covers extensive analysis of emerging trends and competitive landscape.

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Contract Logistics Market Size, Share, Trends, Growth, Scope, Report (2024)

FAQs

What is the outlook for the contract logistics market? ›

The global Contract Logistics market size was valued at USD 270531.34 million in 2021 and is expected to expand at a CAGR of 4.62% during the forecast period, reaching USD 354826.44 million by 2027.

What is the projected growth of logistics? ›

Employment of logisticians is projected to grow 18 percent from 2022 to 2032, much faster than the average for all occupations. About 21,800 openings for logisticians are projected each year, on average, over the decade.

What is the market size of the logistics industry in the US? ›

The global logistics market size accounted for USD 7.98 trillion in 2022 and it is expected to be worth around USD 18.23 trillion by 2030 with a noteworthy CAGR of 10.7% from 2023 to 2030. North America logistics market was valued at USD 1,971.87 billion in 2022.

What is the future of contract logistics? ›

The Global Contract Logistics market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Who is the largest contract logistics provider? ›

2022 RankThird-party Logistics Provider (3PL)2022 Gross Logistics Revenue (USD Millions)*
1C.H. Robinson23,874
2Expeditors17,071
3Kuehne + Nagel (Americas)16,308
4UPS Supply Chain Solutions14,294
46 more rows
Jul 3, 2023

Which is the fastest growing logistics market in the world? ›

The Asia-Pacific region leads the freight and logistics market and is projected to be the fastest-growing region between 2023 and 2030, growing at a compound annual growth rate of 11.9%. Europe is expected to grow at a compound annual growth rate of 10.2% during 2023 and 2030.

What is the current trend in logistics? ›

These trends include connected supply chains, AI, advanced robotics, automation & more. The logistics trends are dependent on significant changes that are driven by the implementation of logistics technology solutions in business processes.

How fast is the logistics industry growing? ›

The U.S. retail logistics market is expected to grow at a compound annual growth rate of 11.0% from 2022 to 2030 to reach USD 109.31 billion by 2030.

Is the logistics industry growing? ›

The Global Logistics market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

How much is the logistics industry growing? ›

In 2022, the global logistics industry generated an impressive $9.83 trillion in revenue. The study anticipates a robust compound annual growth rate (CAGR) of 5.6% from 2023 to 2032, underpinning the sector's substantial growth. Several key factors are expected to propel the expansion of the global logistics sector.

What is the growth rate of the logistics industry in the US? ›

The United States Freight and Logistics Market size is estimated at 1.33 trillion USD in 2024, and is expected to reach 1.67 trillion USD by 2030, growing at a CAGR of 3.90% during the forecast period (2024-2030).

What is the world's largest logistics market? ›

According to the 2022 Agility Emerging Markets Logistics Index, China has the largest logistics market in the world, based on logistics opportunities and business fundamentals.

What is the difference between logistics and contract logistics? ›

The terms "contract logistics" and "third-party logistics" (3PL) are often used interchangeably. In other instances, third-party logistics refers to a wider range of logistical services, while contract logistics may refer simply to the transportation of goods by sea, air, and land.

Why is contract logistics important? ›

Contract logistics plays an important role in the supply chain management of businesses. First of all, thanks to contract logistics, the efficiency of enterprises in supply chain management increases. With contract transportation, businesses can better plan their logistics processes and use resources more efficiently.

What is the outlook for the third party logistics industry? ›

Revenue in the Third Party Logistics (3PL) market is projected to reach US$1.31tn in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.39%, resulting in a projected market volume of US$1.44tn by 2028.

Is logistics in high demand? ›

With the rapid growth of eCommerce during the pandemic and beyond, the need for logistics jobs has also expanded rapidly. All roles, from supply chain manager to eCommerce fulfillment warehouse worker, are in high demand. If you're considering a logistics career, this is a terrific time to join the field.

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