Contract Logistics Market Size In 2023 : Growth Opportunities and Future Outlook 2030 (2024)

"Contract Logistics Market" Research Report 2023 offers statistical information about the market's past and present conditions, production costs, volume, share, size, and growth. The provision of product categories like types [Transportation, Warehousing, Distribution, Aftermarket Logistics] and application [Aerospace, Automotive, High-Tech, Pharma and Healthcare, Retail, Others] to the quickly expanding sector is a significant trend in the worldwide Contract Logistics business. This Research explains effective marketing techniques, the contributions and most recent advances of important companies, numerous methodologies, and analysis.

Browse Detailed TOC of Contract Logistics Market report which is spread across 119+ Pages, Tables and Figures with Charts that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Who is the largest manufacturers of Contract Logistics Market worldwide?

  • Kuehne + Nagel
  • XPO Logistics
  • DHL Group
  • Agility Logistics
  • DSV
  • CEVA Logistics
  • Ryder
  • Hitachi Transport System
  • DB Group
  • UPS

Short Description About Contract Logistics Market:

The Global Contract Logistics market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

The global Contract Logistics market size was valued at USD 270531.34 million in 2021 and is expected to expand at a CAGR of 4.62% during the forecast period, reaching USD 354826.44 million by 2027.

Contract Logistics is defined as the comprehensive process from production to distribution at the final point of sale. This means that Contract Logistics is not simply the process of moving goods, but a far more comprehensive course of action that merges traditional logistics with supply chain management processes. Contract logistics companies handle activities such as designing and planning supply chains, designing facilities, warehousing, transporting and distributing goods, processing orders and collecting payments, managing inventory and even providing certain aspects of customer service.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Contract Logistics market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

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What are the factors driving the growth of the Contract Logistics Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Contract Logistics

  • Aerospace
  • Automotive
  • High-Tech
  • Pharma and Healthcare
  • Retail
  • Others

What are the types of Contract Logistics available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Contract Logistics market share In 2023.

  • Transportation
  • Warehousing
  • Distribution
  • Aftermarket Logistics

Which regions are leading the Contract Logistics Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Contract Logistics Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Contract Logistics market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Contract Logistics? What are the upcoming industry applications and trends for Contract Logistics market?
  • What Are Projections of Global Contract Logistics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Contract Logistics? What are the raw materials used for Contract Logistics manufacturing?
  • How big is the opportunity for the Contract Logistics market? How will the increasing adoption of Contract Logistics for mining impact the growth rate of the overall market?
  • How much is the global Contract Logistics market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Contract Logistics market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Contract Logistics Industry?

Contract Logistics Market - Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Contract Logistics market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Contract Logistics industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we're constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Contract Logistics Industry.

Detailed TOC of Global Contract Logistics Market Research Report, 2023-2031

1 Market Overview 1.1 Product Overview and Scope of Contract Logistics 1.2 Classification of Contract Logistics by Type 1.2.1 Overview: Global Contract Logistics Market Size by Type: 2017 Versus 2022 Versus 2031 1.2.2 Global Contract Logistics Revenue Market Share by Type in 2022 1.3 Global Contract Logistics Market by Application 1.3.1 Overview: Global Contract Logistics Market Size by Application: 2017 Versus 2022 Versus 2031 1.4 Global Contract Logistics Market Size and Forecast 1.5 Global Contract Logistics Market Size and Forecast by Region 1.6 Market Drivers, Restraints and Trends 1.6.1 Contract Logistics Market Drivers 1.6.2 Contract Logistics Market Restraints 1.6.3 Contract Logistics Trends Analysis

2 Company Profiles 2.1 Company 2.1.1 Company Details 2.1.2 Company Major Business 2.1.3 Company Contract Logistics Product and Solutions 2.1.4 Company Contract Logistics Revenue, Gross Margin and Market Share (2020,2021,2022, and 2023) 2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players 3.1 Global Contract Logistics Revenue and Share by Players (2020,2021,2022, and 2023) 3.2 Market Concentration Rate 3.2.1 Top3 Contract Logistics Players Market Share in 2022 3.2.2 Top 10 Contract Logistics Players Market Share in 2022 3.2.3 Market Competition Trend 3.3 Contract Logistics Players Head Office, Products and Services Provided 3.4 Contract Logistics Mergers and Acquisitions 3.5 Contract Logistics New Entrants and Expansion Plans

4 Market Size Segment by Type 4.1 Global Contract Logistics Revenue and Market Share by Type (2017-2023) 4.2 Global Contract Logistics Market Forecast by Type (2023-2031)

5 Market Size Segment by Application 5.1 Global Contract Logistics Revenue Market Share by Application (2017-2023) 5.2 Global Contract Logistics Market Forecast by Application (2023-2031)

6 Regions by Country, by Type, and by Application 6.1 Contract Logistics Revenue by Type (2017-2031) 6.2 Contract Logistics Revenue by Application (2017-2031) 6.3 Contract Logistics Market Size by Country 6.3.1 Contract Logistics Revenue by Country (2017-2031) 6.3.2 United States Contract Logistics Market Size and Forecast (2017-2031) 6.3.3 Canada Contract Logistics Market Size and Forecast (2017-2031) 6.3.4 Mexico Contract Logistics Market Size and Forecast (2017-2031)

7 Research Findings and Conclusion

8 Appendix 8.1 Methodology 8.2 Research Process and Data Source 8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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Contract Logistics Market Size In 2023 : Growth Opportunities and Future Outlook 2030 (2024)

FAQs

What is the logistics market outlook for 2023? ›

The Global Logistics market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

What is the outlook for the contract logistics market? ›

According to Ti's latest market sizing data, the global contract logistics market grew by 3.5% in real terms in 2023, up from 3% growth in 2022, and is expected to grow by a further 4.2% in 2024. Growth is being driven by emerging economies.

What is the market trend in contract logistics? ›

Contract Logistics Market Outlook

The global contract logistics market is forecast to reach US$ 282.27 billion in 2023. The sales of contract logistics are expected to surpass US$ 544.98 billion by 2033. Future Market Insights forecasts the demand for contract logistics to grow by 6.8% CAGR between 2023 and 2033.

What is the market outlook for the logistics industry? ›

The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a compound annual growth rate (CAGR) of 4.4%. Looking solely at logistics, the global logistics market is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% between 2022 and 2027.

What is the future of the logistics market? ›

The growths in the retail and manufacturing industry, commodity markets and development of SEZs have been key factors in the growth of Indian logistics industry. Recent studies have indicated that the logistics industry is expected to grow annually at the rate of 15 to 20 per cent.

What is the size of the logistics market? ›

The global logistics market size was accounted at USD 8.96 trillion in 2023 and it is expected to reach around USD 21.91 trillion by 2033. What will be the CAGR of global logistics market? The global logistics market is poised to grow at a CAGR of 9.35% from 2024 to 2033.

Who is the largest contract logistics provider? ›

A&A ranks Kuehne + Nagel as the most profitable global 3PL, with 2022 gross revenues at more than $46.9 billion. DHL Supply Chain & Global Forwarding came in second at $45.6 billion, and DSV third with $34.9 billion.

What is the difference between logistics and contract logistics? ›

The terms "contract logistics" and "third-party logistics" (3PL) are often used interchangeably. In other instances, third-party logistics refers to a wider range of logistical services, while contract logistics may refer simply to the transportation of goods by sea, air, and land.

Why is contract logistics important? ›

Contract logistics providers have the expertise and resources to help you optimize your supply chain, which can lead to significant cost savings. In addition, contract logistics can help improve service levels and flexibility and can provide access to a global network of suppliers and service providers.

What is the current trend in logistics? ›

Digital Transformation: India's logistics industry is on the cusp of a digital revolution. It is embracing cutting-edge technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and Big Data analytics to optimize supply chain operations and streamline processes.

Why is logistics growing? ›

Global Logistics Industry Outlook

Reasons cited for this predicted growth are an increase in global trade activities in developing economies, a rise in trade-related agreements, and advancements in information technology and transportation.

What do you forecast in logistics? ›

Logistics demand forecasting is the process of estimating future demand for products or services within the logistics sector. It involves the use of statistical tools and analytics to predict future trends based on historical data, current market conditions, and potential future events.

What is the future of logistics in the US? ›

The future of logistics in the USA is characterized by innovation, sustainability, and efficiency. Embracing technological advancements, focusing on sustainability practices, adapting to e-commerce trends, and leveraging AI are pivotal in shaping this future landscape.

What is the future of logistics 2040? ›

Logistician | Innovator | Advisor | Shaping the… Picture this: By 2040, lights-out warehouses will become a reality, attended by a fleet of silent, constantly active robots managed by computer systems, with the occasional – and likely remote - human intervention.

Which is the fastest growing logistics market in the world? ›

As of 2024, the Asia Pacific region is poised to claim the title of the fastest growing logistics market, underpinned by rapid industrialization, expanding e-commerce sectors, and significant infrastructural investments.

What is the outlook for the shipping industry in 2024? ›

For the year 2024, it is estimated that the maritime shipping market size in dollars will be in the vicinity of US$381.69 billion; in 2029 it is expected to reach US$ 471.81 billion, being, the fastest-growing market: Asia Pacific. The global container fleet has grown in size to meet this demand.

What is the logistics manager index for 2023? ›

The latest results of the LMI summarize the responses of supply chain professionals collected in December 2023. The LMI read in at 50.6 this month, up (+1.2) from November and back into mild expansion. As is always the case in December, movements in the logistics industry were driven by holiday shopping.

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