Logistics Outsourcing refers to the practice of hiring external logistics providers (3PL or 4PL) to manage all or part of a company’s supply chain operations, including transportation, warehousing, and distribution. Outsourcing logistics allows companies to benefit from the expertise of third-party logistics providers who can cover a full range of services, from transportation management to inventory control, thus freeing up internal resources and time. According to the latest estimates, the global logistics outsourcing market size is expected to increase from USD 983.4 billion in 2022 to USD 1,393.9 billion by 2029, garnering a CAGR of 5.11% over the evaluated period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global logistics outsourcing market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, transport mode, end user, and region. The global market for logistics outsourcing can be segmented by type: channel management, distribution management, material management, shipment packaging, supply chain management. The supply chain management segment was the largest contributor to the global logistics outsourcing market in 2022. Logistics outsourcing market is further segmented by transport mode: air transportation, highway transportation, railway transportation, sea transportation. According to the research, the highway transportation segment had the largest share in the global logistics outsourcing market. Based on end user, the logistics outsourcing market is segmented into: automotive, consumer goods, e-commerce, food and beverages, government and defense, oil and gas, others. The consumer goods segment held the largest revenue share in 2022. On the basis of region, the logistics outsourcing market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Globally, Asia-Pacific made up the largest share of the logistics outsourcing market.
Market Segmentation
By type: channel management, distribution management, material management, shipment packaging, supply chain management
By transport mode: air transportation, highway transportation, railway transportation, sea transportation
By end user: automotive, consumer goods, e-commerce, food and beverages, government and defense, oil and gas, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides analysis of the key companies of the industry and their detailed company profiles including A.P. Moller-Maersk A/S, DHL International GmbH, DSV A/S, FedEx Corporation, Kuehne + Nagel International AG, Nippon Express Co., Ltd., Societe Nationale SNCF SA, The Deutsche Bahn AG, United Parcel Service of America, Inc. (UPS), XPO Logistics, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global logistics outsourcing market.
• To classify and forecast the global logistics outsourcing market based on type, transport mode, end user, region.
• To identify drivers and challenges for the global logistics outsourcing market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global logistics outsourcing market.
• To identify and analyze the profile of leading players operating in the global logistics outsourcing market.
Why Choose This Report
• Gain a reliable outlook of the global logistics outsourcing market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2022 |
| Forecast Year | 2023-2029 |
| CAGR (2023-2029) | 5.11% |
| Pages | 87 |
| Key Players | A.P. Moller-Maersk A/S, DHL International GmbH, DSV A/S, FedEx Corporation, Kuehne + Nagel International AG, Nippon Express Co. Ltd., Societe Nationale SNCF SA, The Deutsche Bahn AG, United Parcel Service of America Inc. (UPS), XPO Logistics Inc. |
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