Revenue, 2025
USD 1.29
Forecast Year, 2034
USD 2.57 Bn
CAGR, 2025 - 2034
8.02%
Report Coverage
Worldwide
The global third-party logistics market is valued at USD 1.29 billion in 2025 and is expected to reach approximately USD 2.57 billion by 2034, expanding at a CAGR of 8.02%, driven by rising e-commerce activity, supply chain outsourcing, and demand for efficient logistics solutions.
Third-party Logistics Market Size Analysis
Third-party Logistics Market Size By Service 2025 to 2034 (USD Billion)
| Service | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Domestic Transportation Management (DTM) | 283.80 | 306.56 | 331.15 | 357.70 | 386.39 | 417.38 | 450.86 | 487.01 | 526.07 | 568.26 |
| International Transportation Management (ITM) | 309.60 | 334.43 | 361.25 | 390.22 | 421.52 | 455.33 | 491.84 | 531.29 | 573.90 | 619.92 |
| Dedicated Contract Carriage (DCC)/Freight Forwarding | 232.20 | 250.82 | 270.94 | 292.67 | 316.14 | 341.49 | 368.88 | 398.47 | 430.42 | 464.94 |
| Value-Added Logistics Services (VALs) | 180.60 | 195.08 | 210.73 | 227.63 | 245.89 | 265.61 | 286.91 | 309.92 | 334.77 | 361.62 |
| Warehousing & Distribution (W&D) | 283.80 | 306.56 | 331.15 | 357.70 | 386.39 | 417.38 | 450.86 | 487.01 | 526.07 | 568.26 |
Third-party Logistics Market Size By Transport 2025 to 2034 (USD Billion)
| Transport | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Railways | 232.20 | 250.82 | 270.94 | 292.67 | 316.14 | 341.49 | 368.88 | 398.47 | 430.42 | 464.94 |
| Roadways | 593.40 | 640.99 | 692.40 | 747.93 | 807.91 | 872.71 | 942.70 | 1018.30 | 1099.97 | 1188.19 |
| Airways | 258.00 | 278.69 | 301.04 | 325.19 | 351.27 | 379.44 | 409.87 | 442.74 | 478.25 | 516.60 |
| Waterways | 206.40 | 222.95 | 240.83 | 260.15 | 281.01 | 303.55 | 327.89 | 354.19 | 382.60 | 413.28 |
Third-party Logistics Market Size By End-Use 2025 to 2034 (USD Billion)
| End-Use | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Retail | 412.80 | 445.91 | 481.67 | 520.30 | 562.03 | 607.10 | 655.79 | 708.38 | 765.20 | 826.57 |
| Manufacturing | 361.20 | 390.17 | 421.46 | 455.26 | 491.77 | 531.21 | 573.82 | 619.84 | 669.55 | 723.24 |
| Automotive | 206.40 | 222.95 | 240.83 | 260.15 | 281.01 | 303.55 | 327.89 | 354.19 | 382.60 | 413.28 |
| Healthcare | 180.60 | 195.08 | 210.73 | 227.63 | 245.89 | 265.61 | 286.91 | 309.92 | 334.77 | 361.62 |
| Others | 129.00 | 139.35 | 150.52 | 162.59 | 175.63 | 189.72 | 204.93 | 221.37 | 239.12 | 258.30 |
Third-party Logistics Market Size By Region 2025 to 2034 (USD Billion)
| Region | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | 387.00 | 418.04 | 451.56 | 487.78 | 526.90 | 569.16 | 614.80 | 664.11 | 717.37 | 774.91 |
| LAMEA | 129.00 | 139.35 | 150.52 | 162.59 | 175.63 | 189.72 | 204.93 | 221.37 | 239.12 | 258.30 |
| Europe | 322.50 | 348.36 | 376.30 | 406.48 | 439.08 | 474.30 | 512.34 | 553.43 | 597.81 | 645.75 |
| Asia-Pacific | 451.50 | 487.71 | 526.82 | 569.08 | 614.72 | 664.02 | 717.27 | 774.80 | 836.93 | 904.06 |
Third-party Logistics Market Size to Hit USD 2.57 Tillion by 2034
The global third-party logistics market size is estimated at USD 1.29 tillion in 2025 and is projected to be worth around USD 2.57 tillion by 2034 with a growing at a CAGR of 8.02%.
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