Europe Third Party Logistics Market Forecast to 2030
Europe Third Party Logistics Market Forecast to 2030 – Regional Analysis – by Mode of Transports (Roadways, Railways, Waterways, and Airways), Services (International Transportation, Warehousing, Domestic Transportation, Inventory Management, and Others), and End user (Automotive, Healthcare, Retail, Consumer Goods, and Others)
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Description
Surging Adoption of E-Commerce Drives Europe Third Party Logistics Market
Over the last decade, the progress of hardware and the Internet has been directly linked with the adoption of e-commerce. E-commerce has replaced mortar and brick retail in almost all aspects, becoming the preferred medium for marketing, promoting, and purchasing products, goods, and services. As a result, many popular retail stores and brands have launched online shopping platforms. As a result, the volume of overall shipments has increased, ultimately creating demand for shipping services. In the 13 markets evaluated, almost 159 billion packages were transported in 2021, compared to 131 billion packages in 2020, representing a 21% increase.
Third-party logistics is acting as a significant component of e-commerce to manage the issues of inventory, warehousing, packing, tracking, and shipping. In the e-commerce business, third-party logistics providers deliver flexibility and scalability, upgraded technology, and efficiency and specialization. The logistics requirements and services provided by the third-party logistics firms to e-commerce businesses are supply chain management, warehousing, and consolidation services, which help shipping companies in successful order fulfillment. Thus, the growing number of shipments and quality services provided by the provider are driving the third-party logistics market.
Europe Third Party Logistics Market Overview
Europe is home to some of the largest automotive, medical device, and machine manufacturing companies. Developed infrastructure and government investments are supporting the 3PL market growth. The federal government invested approximately US$ 14.5 billion throughout the 2020 to modernize and renew Germany’s rail infrastructure, a US$ 960 million increase over last year. In addition, Spain has developed Trans-European Transport that connects the country to the Rest of Europe. Further, the growing technological adoption in the European logistics industry is another factor supporting the market growth. Germany is the largest market in Europe in terms of third-party logistic services. The presence of major logistic service providers, such as DHL Deutsche Bahn, in the country is one of the factors driving the market. Moreover, the country is located at the center of Europe, which makes it the center of the logistics industry. Germany has a strong hold on automotive, engineering, chemical, and electrical sectors.
The country is ranked third among the top exporters in the world, accounting for the nation’s half economic output. Thus, owing to the factors mentioned above, the annual revenue generated in the 3PL market is higher in the country.
Europe Third Party Logistics Market Revenue and Forecast to 2030 (US$ Billion)
Europe Third Party Logistics Market Segmentation
The Europe third party logistics market is categorized into mode of transports, services, end user, and country.
Based on mode of transports, the Europe third party logistics market is segmented into roadways, railways, waterways, and airways. The roadways segment held the largest market share in 2022.
In terms of services, the Europe third party logistics market is segmented into international transportation, warehousing, domestic transportation, inventory management, and others. The domestic transportation segment held the largest market share in 2022.
Based on end user, the Europe third party logistics market is segmented into automotive, healthcare, retail, consumer goods, and others. The others segment held the largest market share in 2022.
By country, the Europe third party logistics market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. The Rest of Europe dominated the Europe third party logistics market share in 2022.
C H Robinson Worldwide Inc, DB Schenker, DSV AS, GEODIS SA, Kuehne + Nagel International AG, Nippon Express Co Ltd, Sinotrans Ltd, Torello Trasporti Srl, United Parcel Service Inc, and XPO Inc are among the leading companies operating in the Europe third party logistics market.
Summary Info
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According to the Research Team’ research, the Europe third party logistics market was valued at US$ 327.76 billion in 2022 and is projected to reach US$ 479.85 billion by 2030, registering a CAGR of 4.9% from 2022 to 2030. Surging adoption of e-commerce and increasing trends of sustainability are among the critical factors attributed to drive the Europe third party logistics market growth.
Many large and medium-sized organizations are taking initiatives to optimize their business processes to reduce carbon footprints. The transportation and logistics sector is among the major contributors to carbon emissions, accounting for approximately 27% of the total emissions. Many third-party logistics firms are helping shippers improve mobility by planning more effective routes, using environmentally friendly modes of transportation, and occupying key places. Third-party logistics providers such as Borderline help reduce carbon emissions during the transportation stage of distribution by raising the fill rate per transport unit per tank of fuel, using higher-capacity vehicles, and performing routine maintenance of transport vehicles. While historically, the engineering of packing technologies has prioritized economic effectiveness and secure shipping over sustainability, many third-party logistics providers are rapidly moving to eco-friendly packaging to reduce their environmental impact. As recycled waste is used in the creation of eco-friendly packaging, fewer harmful resources are used, which lower overall carbon emissions. Initiatives like these that focus on reducing carbon footprints are aligning with organizations’ business strategy, ultimately driving the third-party logistics industry. In addition, governments of developed nations are compelling organizations to adopt greener practices. As a result, many manufacturing companies are searching for third-party logistics providers that have introduced eco-friendly efforts in light of this trend. Some of the practices involve minimizing waste production, lowering the carbon footprint of transportation, and adopting recyclable or environmentally friendly packaging.
On the contrary, reduced control of manufacturer hampers the growth of Europe third party logistics market.
Based on mode of transports, the Europe third party logistics market is segmented into roadways, railways, waterways, and airways. The roadways segment held 33.8% market share in 2022, amassing US$ 110.92 billion. It is projected to garner US$ 159.49 billion by 2030 to register 4.6% CAGR during 2022–2030.
In terms of services, the Europe third party logistics market is segmented into international transportation, warehousing, domestic transportation, inventory management, and others. The domestic transportation segment held 26.2% share of Europe third party logistics market in 2022, amassing US$ 85.97 billion. It is anticipated to garner US$ 124.86 billion by 2030 to expand at 4.8% CAGR during 2022–2030.
Based on end user, the Europe third party logistics market is segmented into automotive, healthcare, retail, consumer goods, and others. The others segment held 44.7% market share in 2022, amassing US$ 146.50 billion. It is projected to garner US$ 206.31 billion by 2030 to register 4.4% CAGR during 2022–2030.
Based on country, the Europe third party logistics market is categorized into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 45.9% share of Europe third party logistics market in 2022. It was assessed at US$ 150.43 billion in 2022 and is likely to hit US$ 197.99 billion by 2030, registering a CAGR of 3.5% during 2022–2030.
Key players operating in the Europe third party logistics market are C H Robinson Worldwide Inc, DB Schenker, DSV AS, GEODIS SA, Kuehne + Nagel International AG, Nippon Express Co Ltd, Sinotrans Ltd, Torello Trasporti Srl, United Parcel Service Inc, and XPO Inc, among others.
In March 2020, XPO Logistics, Inc. signed a long-term partnership agreement with Mercedes-Benz Parts Logistics. This agreement will the allow the company to manage parts distribution in the UK with an integrated and digitally managed transportation network.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe third party logistics market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe third party logistics market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Third Party Logistics Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
5. Europe Third Party Logistics Market – Key Industry Dynamics
5.1 Europe Third Party Logistics Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Need for Overall Operational Cost Reduction, Delivery Management, and Better Operational Efficiency
5.2.2 Surging Adoption of E-Commerce
5.2.3 Benefits of Managing Seasonal Variations of Products
5.3 Market Restraints
5.3.1 Reduced Control of Manufacturer
5.4 Market Opportunities
5.4.1 Increasing Trends of Sustainability
5.5 Future Trends
5.5.1 Implementation of Software Solutions and Adoption of Big Data Analytics
5.6 Impact of Drivers and Restraints:
6. Third Party Logistics Market – Europe Market Analysis
6.1 Europe Third Party Logistics Market Revenue (US$ Billion), 2022 – 2030
6.2 Europe Third Party Logistics Market Forecast and Analysis
7. Europe Third Party Logistics Market Analysis – Mode of Transport
7.1 Europe Third Party Logistics Market, By Mode of Transport (2022 and 2030)
7.2 Roadways
7.2.1 Overview
7.2.2 Roadways Market, Revenue and Forecast to 2030 (US$ Billion)
7.3 Railways
7.3.1 Overview
7.3.2 Railways Market, Revenue and Forecast to 2030 (US$ Billion)
7.4 Waterways
7.4.1 Overview
7.4.2 Waterways Market, Revenue and Forecast to 2030 (US$ Billion)
7.5 Airways
7.5.1 Overview
7.5.2 Airways Market, Revenue and Forecast to 2030 (US$ Billion)
8. Europe Third Party Logistics Market Analysis – Services
8.1 Europe Third Party Logistics Market, By Services (2022 and 2030)
8.2 International Transportation
8.2.1 Overview
8.2.2 International Transportation Market, Revenue and Forecast to 2030 (US$ Billion)
8.3 Warehousing
8.3.1 Overview
8.3.2 Warehousing Market, Revenue and Forecast to 2030 (US$ Billion)
8.4 Domestic Transportation
8.4.1 Overview
8.4.2 Domestic Transportation Market, Revenue and Forecast to 2030 (US$ Billion)
8.5 Inventory Management
8.5.1 Overview
8.5.2 Inventory Management Market, Revenue and Forecast to 2030 (US$ Billion)
8.6 Others
8.6.1 Overview
8.6.2 Others Market, Revenue and Forecast to 2030 (US$ Billion)
9. Europe Third Party Logistics Market Analysis – End user
9.1 Europe Third Party Logistics Market, By End user (2022 and 2030)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive Market, Revenue and Forecast to 2030 (US$ Billion)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare Market, Revenue and Forecast to 2030 (US$ Billion)
9.4 Retail
9.4.1 Overview
9.4.2 Retail Market, Revenue and Forecast to 2030 (US$ Billion)
9.5 Consumer Goods
9.5.1 Overview
9.5.2 Consumer Goods Market, Revenue and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others Market, Revenue and Forecast to 2030 (US$ Billion)
10. Europe Third Party Logistics Market – Country Analysis
10.1 Europe
10.1.1 Europe Third Party Logistics Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 Germany Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.1.1 Germany Third Party Logistics Market Breakdown by Mode of Transport
10.1.1.1.2 Germany Third Party Logistics Market Breakdown by Services
10.1.1.1.3 Germany Third Party Logistics Market Breakdown by End user
10.1.1.2 France Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.2.1 France Third Party Logistics Market Breakdown by Mode of Transport
10.1.1.2.2 France Third Party Logistics Market Breakdown by Services
10.1.1.2.3 France Third Party Logistics Market Breakdown by End user
10.1.1.3 Italy Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.3.1 Italy Third Party Logistics Market Breakdown by Mode of Transport
10.1.1.3.2 Italy Third Party Logistics Market Breakdown by Services
10.1.1.3.3 Italy Third Party Logistics Market Breakdown by End user
10.1.1.4 Spain Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.4.1 Spain Third Party Logistics Market Breakdown by Mode of Transport
10.1.1.4.2 Spain Third Party Logistics Market Breakdown by Services
10.1.1.4.3 Spain Third Party Logistics Market Breakdown by End user
10.1.1.5 UK Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.5.1 UK Third Party Logistics Market Breakdown by Mode of Transport
10.1.1.5.2 UK Third Party Logistics Market Breakdown by Services
10.1.1.5.3 UK Third Party Logistics Market Breakdown by End user
10.1.1.6 Rest of Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.6.1 Rest of Europe Third Party Logistics Market Breakdown by Mode of Transport
10.1.1.6.2 Rest of Europe Third Party Logistics Market Breakdown by Services
10.1.1.6.3 Rest of Europe Third Party Logistics Market Breakdown by End user
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Mergers & Acquisitions
12. Company Profiles
12.1 Sinotrans Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 DB Schenker
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 GEODIS SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 United Parcel Service Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 XPO Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Kuehne + Nagel International AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 C H Robinson Worldwide Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 DSV AS
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Nippon Express Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Torello Trasporti Srl
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Research Team
LIST OF TABLES
Table 1. Europe Third Party Logistics Market Segmentation
Table 2. Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion)
Table 3. Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion) – Mode of Transport
Table 4. Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion) – Services
Table 5. Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion) – End user
Table 6. Germany Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Mode of Transport
Table 7. Germany Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Services
Table 8. Germany Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – End user
Table 9. France Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Mode of Transport
Table 10. France Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Services
Table 11. France Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – End user
Table 12. Italy Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Mode of Transport
Table 13. Italy Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Services
Table 14. Italy Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – End user
Table 15. Spain Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Mode of Transport
Table 16. Spain Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Services
Table 17. Spain Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – End user
Table 18. UK Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Mode of Transport
Table 19. UK Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Services
Table 20. UK Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – End user
Table 21. Rest of Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Mode of Transport
Table 22. Rest of Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – Services
Table 23. Rest of Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) – End user
LIST OF FIGURES
Figure 1. Europe Third Party Logistics Market Segmentation, By Country
Figure 2. Ecosystem: Europe Third Party Logistics Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Third Party Logistics Market Revenue (US$ Billion), 2022 – 2030
Figure 5. Europe Third Party Logistics Market Share (%) – Mode of Transport, 2022 and 2030
Figure 6. Roadways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 7. Railways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 8. Waterways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 9. Airways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 10. Europe Third Party Logistics Market Share (%) – Services, 2022 and 2030
Figure 11. International Transportation Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 12. Warehousing Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 13. Domestic Transportation Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 14. Inventory Management Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 15. Others Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 16. Europe Third Party Logistics Market Share (%) – End user, 2022 and 2030
Figure 17. Automotive Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 18. Healthcare Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 19. Retail Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 20. Consumer Goods Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 21. Others Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 22. Europe Third Party Logistics Market, By Key Country – Revenue (2022) (US$ Billion)
Figure 23. Europe Third Party Logistics Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 24. Germany Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 25. France Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 26. Italy Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 27. Spain Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 28. UK Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 29. Rest of Europe Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
The List of Companies – Europe Third Party Logistics Market
o C H Robinson Worldwide Inc
o DB Schenker
o DSV AS
o GEODIS SA
o Kuehne + Nagel International AG
o Nippon Express Co Ltd
o Sinotrans Ltd
o Torello Trasporti Srl
o United Parcel Service Inc
o XPO Inc
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