Market Size of Germany Third-Party Logistics (3PL) Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 44.92 Billion |
| Market Size (2029) | USD 53.18 Billion |
| CAGR (2024 - 2029) | 3.43 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Germany Third Party Logistics (3PL) Market Analysis
The Germany Third-Party Logistics Market size is estimated at USD 44.92 billion in 2024, and is expected to reach USD 53.18 billion by 2029, growing at a CAGR of 3.43% during the forecast period (2024-2029).
- As Germany is a regional hub, it is a preferred location for manufacturers who can have support from the ecosystem of leading shippers and third-party logistics providers (3PLs) in the country. The demand for warehousing space has expanded in the past decade, and over the forecast period, it is expected to be boosted by growth in regional trade and e-commerce.
- E-commerce is one of the major factors driving the market growth. The country has been among the top five revenue generating through e-commerce. The emergence of e-commerce in recent years has boosted the growth of the 3PL market. Given the increasing domestic market, and the projected greater efficiencies in inventory forecasting and stock management, the need for warehouse supply is expected to moderate in the future.
- Not only is Germany's logistics infrastructure world-class, but its companies are also global logistics leaders. In fact, the world's largest logistics service provider is a German company - Deutsche Post (DHL). Deutsche Bahn operates Europe's largest rail network, and Lufthansa Cargo is one of the world's leading global air freight companies.
- With the onset of COVID-19, the 3PL logistics market saw an upward trajectory, with the increase in demand coming especially from the e-commerce sector.
