Asia-Pacific Third Party Logistics Market Introduction and Overview
According to SPER Market Research, the Asia-Pacific Third Party Logistics Market is estimated to reach USD 557.77 billion by 2033 with a CAGR 9.68%.
The report includes an in-depth analysis of the Asia-Pacific Third Party Logistics Market, including market size and trends, product mix, distribution channels, and supplier analysis. A partner or service known as Third-Party Logistics, or 3PL, helps online businesses manage their supply chain. Typical 3PL services include order fulfillment, shipping planning, retail distribution, exchanges, returns, and warehouse and inventory management. Growing online sales and client demands for quicker delivery and cheaper prices have led to a greater need for 3PL services. Furthermore, tracking technologies like GPS and RFID, which offer more thorough supply chain visibility, have contributed to the expansion of 3PLs. Trucks and other carriers now have more monitoring options thanks to IoT technology.
- The foreign sellers on eBay Hong Kong and eBay China who are based in the US market have Lecangs as a logistics partner since April 2022.
Market Opportunities and Challenges
Opportunities: The Asia-Pacific Third-Party Logistics Market is anticipated to grow due to the increasing use of logistics across a variety of industries, including e-commerce, construction, retail, automotive, food and beverage, and hospitality, as well as the introduction of technological advancements like enterprise resource planning (ERP), supply chain management (SCM), transportation management systems (TMS), and international trade logistics systems (ITLS). Furthermore, The industry's major companies, such as Amazon, Alibaba, and Rakuten, are concentrating on enhancing their customer service by providing same-day delivery and simple returns in order to obtain a competitive advantage. During the forecast period, the firms are expected to enhance the Asia-Pacific third-party logistics market by developing the infrastructure for logistics services.
Challenges: An organization's shipping, receiving, and storage operations are managed by a logistics expert in a managerial capacity. Experts in logistics oversee the transportation and storage of goods or commodities, often requiring a combination of office work and intermittent physical labor. However, there is a severe lack of these logistic specialists in the Asia-Pacific region, which limits the uptake of sophisticated third-party logistics services like domestic transportation management (DTM). It also causes a significant disparity between supply and demand, which significantly restrains the growth of the third-party logistics market in the Asia-Pacific region.
Market Competitive Landscape
The third-party logistics market in Asia-Pacific is highly consolidated. Some of the market key players are United Parcel Service of America, Inc., DHL International GmbH (a subsidiary of Deutsche Post AG), FedEx, XPO Logistics, Inc, Kuehne+Nagel, Schenker AG, DSV, Expeditors International of Washington, Inc., C.H. Robinson Worldwide, Inc., SNCF, Nippon Express Co., Ltd., Toll Holdings Limited.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Service, By Transport, By End Use
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| Regions covered | Australia, China, India, Japan, South Korea, Rest of Asia-Pacific
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| Companies Covered | C.H. Robinson Worldwide, Inc., CJ Logistics Corporation, DHL International GmbH (a subsidiary of Deutsche Post AG), DSV, Expeditors International of Washington, Inc., FedEx, Kintetsu World Express, Inc., Kuehne+Nagel, Nippon Express Co., Ltd., Samudera Shipping Line Ltd, Schenker AG, Singapore, SNCF, Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.), United Parcel Service of America, Inc., XPO Logistics, Inc.
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COVID-19 Impact on Asia-Pacific Third Party Logistics Market
The unexpected COVID-19 pandemic outbreak caused disruptions in the Asia-Pacific third-party logistics business. The need for third-party logistics significantly decreased as a result of the governments of the Asia-Pacific region imposing a lockdown that stopped the key industries' operations, including manufacturing and e-commerce. The Asia-Pacific third-party logistics market suffered as a result of the temporary restrictions on the trading of non-essential commodities and the blocking of transportation networks including roads. However, the healthcare industry saw a surge in the use of third-party logistics to deliver vaccines and PPE kits, among other medical necessities, which gave the market a considerable lift during this time.
Key Target Audience:
- Retail and E-commerce Companies
- Manufacturing Industries
- Automotive Sector
- Healthcare and Pharmaceutical Companies
- Food and Beverage Sector
- High-Tech and Electronics Industries
- Government and Defense
- Energy and Chemicals
Our in-depth analysis of the Asia-Pacific Third Party Logistics Market includes the following segments:
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By Service: |
Dedicated Contract Carriage (DCC)/Freight forwarding
Domestic Transportation Management (DTM)
International Transportation Management (ITM)
Warehousing &Distribution (W&D)
Value Added Logistics Services (VALs)
|
|
By Transport: |
Roadways
Railways
Waterways
Airways
|
|
By End User: |
Manufacturing
Retail
Healthcare
Automotive
Others
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Key Topics Covered in the Report:
- Asia-Pacific Third Party Logistics Market Size (FY’2024-FY’2033)
- Overview of Asia-Pacific Third Party Logistics Market
- Segmentation of Asia-Pacific Third Party Logistics Market By Service {Dedicated Contract Carriage (DCC)/Freight forwarding, Domestic Transportation Management (DTM), International Transportation Management (ITM), Warehousing &Distribution (W&D), Value Added Logistics Services (VALs)}
- Segmentation of Asia-Pacific Third Party Logistics Market By Transport (Roadways, Railways, Waterways, Airways)
- Segmentation of Asia-Pacific Third Party Logistics Market By End User (Manufacturing, Retail, Healthcare, Automotive, Others)
- Expansion Analysis of Asia-Pacific Third Party Logistics Market
- Problems and Obstacles in Asia-Pacific Third Party Logistics Market
- Competitive Landscape in the Asia-Pacific Third Party Logistics Market
- Impact of COVID-19 and Demonetization on Asia-Pacific Third Party Logistics Market
- Details on Current Investment in Asia-Pacific Third Party Logistics Market
- Competitive Analysis of Asia-Pacific Third Party Logistics Market
- Prominent Players in the Asia-Pacific Third Party Logistics Market
- SWOT Analysis of Asia-Pacific Third Party Logistics Market
- Asia-Pacific Third Party Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia-Pacific Third Party Logistics Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia-Pacific Third Party Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Third Party Logistics Market
7. Asia-Pacific Third Party Logistics Market, By Service (USD Million) 2020-2033
7.1. Asia-Pacific Third Party Logistics Market Size, Share and Forecast, By Service, 2020-2026
7.2. Asia-Pacific Third Party Logistics Market Size, Share and Forecast, By Service, 2027-2033
7.3. Dedicated Contract Carriage (DCC)/Freight forwarding
7.4. Domestic Transportation Management (DTM)
7.5. International Transportation Management (ITM)
7.6. Warehousing &Distribution (W&D)
7.7. Value Added Logistics Services (VALs)
8. Asia-Pacific Third Party Logistics Market, By Transport (USD Million) 2020-2033
8.1. Asia-Pacific Third Party Logistics Market Size, Share and Forecast, By Transport, 2020-2026
8.2. Asia-Pacific Third Party Logistics Market Size, Share and Forecast, By Transport, 2027-2033
8.3. Roadways
8.4. Railways
8.5. Waterways
8.6. Airways
9. Asia-Pacific Third Party Logistics Market, By End User (USD Million) 2020-2033
9.1. Asia-Pacific Third Party Logistics Market Size, Share and Forecast, By End User, 2020-2026
9.2. Asia-Pacific Third Party Logistics Market Size, Share and Forecast, By End User, 2027-2033
9.3. Manufacturing
9.4. Retail
9.5. Healthcare
9.6. Automotive
9.7. Others
10. Asia-Pacific Third Party Logistics Market Forecast, 2020-2033 (USD Million)
10.1. Asia-Pacific Third Party Logistics Market Size and Market Share
11. Asia-Pacific Third Party Logistics Market, By Region, 2020-2033 (USD Million)
11.1. Asia-Pacific Third Party Logistics Market Size and Market Share By Region (2020-2026)
11.2. Asia-Pacific Third Party Logistics Market Size and Market Share By Region (2027-2033)
11.3. Australia
11.4. China
11.5. India
11.6. Japan
11.7. South Korea
11.8. Rest of Asia-Pacific
12. Company Profile
12.1. C.H. Robinson Worldwide, Inc.
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. CJ Logistics Corporation
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. DHL International GmbH (a subsidiary of Deutsche Post AG)
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. DSV
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Expeditors International of Washington, Inc.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. FedEx
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Kintetsu World Express, Inc.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Kuehne+Nagel
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Nippon Express Co., Ltd.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Samudera Shipping Line Ltd
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Schenker AG
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Singapore
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. SNCF
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.)
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. United Parcel Service of America, Inc.
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments
12.16. Others
13. Conclusion
14. Reference Links
15. List of Abbreviations