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Third-party logistics (***) is a growing industry in the United States. The industry's total revenue amounted to billion U.S. dollars in 2023, marking a decrease from the previous year's year billion.
Third-party logistics is the practice of an organization outsourcing some or all of its inventory management, distribution, and order fulfillment operations to a third party. Domestic and international transportation of goods is one of the most commonly outsourced services, followed closely by warehousing. Clearly, 3PL markets are of greater value to industries that produce goods that need to be transported, for example, cold chain services.
The global 3PL industry has been growing over the past decade and has reached revenues of billion U.S. dollars in 2020. By region, Asia-Pacific has the largest 3PL market, with nearly *** billion U.S. dollars of income for the year. Country-wise, the United States is home to the largest 3PL market in the world, followed by China, Japan and Germany.
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
