Europe Third Party Logistics (3PL) Market Growth, Size, Trends, Share, Revenue and Future Outlook
Europe Third Party Logistics (3PL) Market Size- By Transportation, By Services- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2024 | Report ID: AMIN2488 | Pages: 1 - 157 | Formats*: |
| Category : Automotive & Transportation | |||
Europe Third Party Logistics (3PL) Market Introduction and Overview
According to SPER Market Research, the Europe Third Party Logistics (3PL) Market is estimated to reach USD 156.86 billion by 2033 with a CAGR of 5.28%.
The report includes an in-depth analysis of the Europe Third Party Logistics (3PL) Market, including market size and trends, product mix, distribution channels, and supplier analysis. Third-party logistics (also known as 3PL). Third-Party Logistics is a platform for businesses seeking management of inventories, distribution management, and logistical support from a third-party organization. Customers will be satisfied with the business if order processing runs smoothly. When a client places an order, the procedure begins with picking up the goods from the warehouse, organizing the order's packaging, and shipping them out. Third-party logistics is a service that helps internet businesses manage their supply chain.
- CI Capital Partners announced in December 2021 that Redwood Logistics would be sold to Aea Investors. Redwood Logistics offers associated services, transportation, and supply chain technologies.
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Market Opportunities and Challenges
Opportunities: A lot of businesses are growing their product lines and manufacturing capabilities in order to tap into the worldwide market. This leads to various logistics needs, such as the need for complicated systems for raw material acquisition, transit, and storage. Therefore, there is a need for 3PL services. These elements are what are driving the Third-Party Logistics industry's growth in Europe. The expansion of the automotive sector, technological development, last-mile connection boom, and increase in cross-border trade activities also contribute to the 3PL market's expansion.
Challenges: The Third Party Logistics (3PL) industry faces many challenges arising from the intricacies of worldwide supply chains and changing demands of consumers. The requirement to continuously adjust to technology changes is a major obstacle. In order to stay competitive and satisfy the growing need for quicker, more effective logistics solutions, 3PL providers need to make investments in cutting-edge technologies given the advent of automation, artificial intelligence, and big data analytics. Another challenge is the ever-changing geopolitical environment, where trade disputes and legislative changes affect cross-border trade and demand quick answers from 3PL suppliers.
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Market Competitive Landscape
The Third Party Logistics (3PL) Market in Europe is highly consolidated. Some of the key players are FedEx Corp, Imperial Logistics Ltd, Baltic Logistics Solutions, Deutsche DHL Group, ACP Freight Services, Ital Logistics Ltd, and Jordon Freight Ltd.
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 Transportation, By Services |
| Regions covered | Germany, France, Italy, Spain, UK, Rest of Europe |
| Companies Covered | FedEx Corp, Imperial Logistics Ltd, Baltic Logistics Solutions, Deutsche DHL Group, ACP Freight Services, Ital Logistics Ltd, and Jordon Freight Ltd. |
COVID-19 Impact on Europe Third Party Logistics (3PL) Market
The Third Party Logistics (3PL) market in Europe has been greatly affected by the COVID-19 pandemic, presenting both opportunities and problems for the sector. Initially, there was less of a need for logistics services as a result of the abrupt disruptions in global supply networks caused by lockdowns and travel restrictions. To fulfill online orders, businesses had to adjust to the new normal, which included a noticeable move towards e-commerce and a greater reliance on effective logistical operations. The increase in e-commerce activity opened up new business opportunities for 3PLs, particularly for those with experience in warehouse management and last-mile deliveries.
Key Target Audience:
- 3PL Companies
- Consultancy Companies
- E Commerce Logistics Companies
- Express Delivery Logistics Companies
- Freight Forwarding Companies
- Logistics/Warehousing Companies
- Real Estate Companies/ Industrial Developers
- Others
Our in-depth analysis of the Europe Third Party Logistics (3PL) Market includes the following segments:
| By Transportation: |
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| By Services: |
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| By Region: |
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Key Topics Covered in the Report:
- Europe Third Party Logistics (3PL) Market Size (FY’2024-FY’2033)
- Overview of Europe Third Party Logistics (3PL) Market
- Segmentation of Europe Third Party Logistics (3PL) Market By Transportation (Roadways, Waterways, Railways, Airways)
- Segmentation of Europe Third Party Logistics (3PL) Market By Services (Manufacturing, Warehousing, Retail)
- Expansion Analysis of Europe Third Party Logistics (3PL) Market
- Problems and Obstacles in Europe Third Party Logistics (3PL) Market
- Competitive Landscape in the Europe Third Party Logistics (3PL) Market
- Impact of COVID-19 and Demonetization on Europe Third Party Logistics (3PL) Market
- Details on Current Investment in Europe Third Party Logistics (3PL) Market
- Competitive Analysis of Europe Third Party Logistics (3PL) Market
- Prominent Players in the Europe Third Party Logistics (3PL) Market
- SWOT Analysis of Europe Third Party Logistics (3PL) Market
- Europe Third Party Logistics (3PL) Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Third Party Logistics (3PL) Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Third Party Logistics (3PL) Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Third Party Logistics (3PL) Market
7. Europe Third Party Logistics (3PL) Market, By Transportation (USD Million)
7.1. Europe Third Party Logistics (3PL) Market Value Share and Forecast, By Transportation, 2024-20337.2. Roadways7.3. Waterways7.4. Railways7.5. Airways
8. Europe Third Party Logistics (3PL) Market, By Services (USD Million)
8.1. Europe Third Party Logistics (3PL) Market Value Share and Forecast, By Services, 2024-20338.2. Manufacturing8.3. Warehousing8.4. Retail
9. Europe Third Party Logistics (3PL) Market Forecast, 2020-2033 (USD Million)
9.1. Europe Third Party Logistics (3PL) Market Size and Market Share
10. Europe Third Party Logistics (3PL) Market, By Transportation, 2020-2033 (USD Million)
10.1. Europe Third Party Logistics (3PL) Market Size and Market Share By Transportation (2020-2026)10.2. Europe Third Party Logistics (3PL) Market Size and Market Share By Transportation (2027-2033)
11. Europe Third Party Logistics (3PL) Market, By Services, 2020-2033 (USD Million)
11.1. Europe Third Party Logistics (3PL) Market Size and Market Share By Services (2020-2026)11.2. Europe Third Party Logistics (3PL) Market Size and Market Share By Services (2027-2033)
12. Europe Third Party Logistics (3PL) Market, By Region, 2020-2033 (USD Million)
12.1. Europe Third Party Logistics (3PL) Market Size and Market Share By Region (2020-2026)12.2. Europe Third Party Logistics (3PL) Market Size and Market Share By Region (2027-2033)12.3. Germany12.4. France12.5. Italy12.6. Spain12.7. UK12.8. Rest of Europe
13. Company Profile
13.1. ACP Freight Services13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Baltic Logistics Solutions13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Deutsche DHL Group13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. FedEx Corp13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Imperial Logistics Ltd13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Ital Logistics Ltd13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Jordon Freight Ltd13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. ORGANAZOTO FERTILIZZANTI SPA13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Plantin13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Suståne Natural Fertilizer Inc.13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Third Party Logistics (3PL) Market is projected to reach USD 156.86 billion by 2033, growing at a CAGR of 5.28% during the forecast period.
Europe Third Party Logistics (3PL) Market size from 2022. The Market is expected to reach USD 156.86 billion by 2033, at a CAGR of 5.28% during the forecast period.
Europe Third Party Logistics (3PL) Market CAGR of 5.28% during the forecast period.
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Europe Third Party Logistics (3PL) Market size is 156.86 billion from 2024 to 2033.
"Europe Third Party Logistics (3PL) Market Segment is covered By Transportation, By Services"
The Europe is anticipated to have the highest market share in the Europe Third Party Logistics (3PL) Market
The key players in the market include Companies Covered FedEx Corp, Imperial Logistics Ltd, Baltic Logistics Solutions, Deutsche DHL Group, ACP Freight Services, Ital Logistics Ltd, and Jordon Freight Ltd..
Customers will be satisfied with the business if order processing runs smoothly. When a client places an order, the procedure begins with picking up the goods from the warehouse, organizing the order's packaging, and shipping them out.
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