United States 3PL Market Size

Statistics for the 2023 & 2024 United States 3PL market size, created by Mordor Intelligence™ Industry Reports. United States 3PL size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of United States 3PL Industry

US 3PL Market Size
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 238.20 Billion
Market Size (2029) USD 281.21 Billion
CAGR (2024 - 2029) 3.38 %
Market Concentration Low

Major Players

US 3PL Market Companies

*Disclaimer: Major Players sorted in no particular order


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US (3PL) Third-Party Logistics Market Analysis

The United States 3PL Market size is estimated at USD 238.20 billion in 2024, and is expected to reach USD 281.21 billion by 2029, growing at a CAGR of 3.38% during the forecast period (2024-2029).

COVID-19 has transformed businesses across the world, with greater attention given to supplying chain optimization, growth of 3PL, and meeting essential and non-essential delivery challenges. Building supply chains more resistant to shocks like COVID-19 requires a blended approach by shippers to localized and global sourcing. With the implementation of the lockdown, the transportation sector, upon which supply-chain activities are dependent, has remained partially closed. Consequently, there were constraints to the smooth functioning of the supply chains, and this has had an adverse impact on global business and industrial activities. The shipping industry, which accounts for about 90% of trade activities, was impacted by the pandemic.

The 3PL market in the United States is driven by the increasing level of cross-border trade. The cost benefits of using 3PL are anticipated to boost the growth of the 3PL market. Consequently, 3PLs are going through a digital transformation and are investing in end-to-end solutions and end-to-end visibility to meet growing customer demand.

However, 3PL operators also face various challenges. Firstly, the development of the e-commerce sector and the consequent increase in the demand for services that manage supply chains around the world are expected to pose issues to the operation of the market.

Manufacturers and retailers are focusing on their core competencies and are now more readily subcontracting functions such as logistics to those with the expertise. Thus, the increase in competition has diverted the focus of manufacturers to promote their respective specializations in production and distribution.

Major third-party logistics providers are heavily investing in novel technologies, expanding their service portfolio, and widening their global reach. Software solutions are widely being used by companies for logistics applications.

USA (3PL) Third-Party Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)