Third-party Logistics Market Future Outlook: Comprehensive Size and Share Analysis 2023 to 2029

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The Third-party Logistics Market size was valued at USD 1034 Million in 2022 and the total Third-party Logistics Market is expected to grow at a CAGR of 10.45% from 2023 to 2029, reaching nearly USD 2290 Million.

Third-party Logistics Market Overview:

The worldwide Third-party Logistics  Market  Research is a specialist and in-depth examination of the Third-party Logistics  industry, with an emphasis on the global market trend. Furthermore, the competitive analysis regarding various parameters in a specific direct competition, and indirect competition, the strengths and weaknesses of major competitors, the price, a revenue, the gross profit margin, an interview record, a business distribution, entry barriers, and opportunity windows are provided within the report back to help the buyer better understand the competitors.

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Third-party Logistics  Market Scope:

The global "Third-party Logistics  Market" research examines major industry elements such as advancement, segmentation, growth prospects, opportunities, challenges, and competitive analysis.  The segmental study focuses on revenue and forecast by region, kind, and application. This research examines the market size, development status, and prognosis, as well as a company profile. It also gives facts on the competitive environment as well as statistics from the top significant companies.

Third-party Logistics  Market Drivers:

The growth of e-commerce in North America has been significant in recent years and has contributed to the increased demand for third-party Logistics services in the region. According to MMR research study, e-commerce sales in North America amounted to $791.7 billion in 2020 and is expected to reach $1.15 trillion by 2023. This growth has created a greater need for logistics services, particularly in the areas of warehousing, fulfilment, and last-mile delivery.

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Third-party Logistics  Market Segmentation:

by End Use

• Manufacturing
• Automotive

by Service

• DTM
• ITM
• VALs

by Transport

• Roadways
• Airways

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Third-party Logistics  Market Key Players:

Global Third-party Logistics  Market data includes company profiles, product images and specifications, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and instruments, as well as downstream demand assessments, are also provided. Global Third-party Logistics  market development patterns and marketing methods are investigated. Finally, the viability of the most recent investment proposals is evaluated, and overall analytical findings are provided.

• DHL Supply Chain & Global Forwarding
• Kuehne + Nagel International AG
• C.H. Robinson Worldwide, Inc.
• DB Schenker
• UPS Supply Chain Solutions
• Nippon Express Co., Ltd.
• XPO Logistics, Inc.
• Sinotrans Limited
• CEVA Logistics
• Expeditors International of Washington, Inc.
• DSV Panalpina A/S
• Geodis
• J.B. Hunt Transport Services, Inc.
• Ryder System, Inc.
• Agility

Third-party Logistics  Market Regional Analysis:

The study report is divided into groups based on region, manufacturer, type, and application. Each category offers production data for the anticipated period . The consumption by Application section is also provided for the predicted. Understanding the categories aids in determining the significance of various elements that contribute to market growth. 

Key Questions Answered in the Third-party Logistics  Market Report are:

  • What will be the CAGR of the Third-party Logistics  market during the forecast period ?
  • Which segment emerged as the leading segment in the Third-party Logistics  market?
  • Which are the main players in the Third-party Logistics  market?
  • What key trends are likely to emerge in the Third-party Logistics  market in the coming years?
  • What will be the Third-party Logistics  market size ?
  • Which company held the largest share in the Third-party Logistics  market?

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