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Fifth-Party Logistics (5Pl) Solutions Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Germany, France, Japan - Size and Forecast 2024-2028

Fifth-Party Logistics (5Pl) Solutions Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Germany, France, Japan - Size and Forecast 2024-2028

Published: Jul 2024 179 Pages SKU: IRTNTR74566

Market Overview at a Glance

$406.3 Mn
Market Opportunity
6.95%
CAGR
6.27
YoY growth 2023-2024(%)

Fifth-Party Logistics (5Pl) Solutions Market Size 2024-2028

The fifth-party logistics (5pl) solutions market size is forecast to increase by USD 406.3 million at a CAGR of 6.95% between 2023 and 2028.

  • The market is experiencing significant growth due to several key trends. The rise in global containerized cargo trade is a major growth factor, as businesses increasingly rely on efficient and cost-effective logistics solutions to meet the demands of international trade. Another trend is the adoption of cloud-based logistics platforms, which offer real-time visibility and flexibility, enabling businesses to optimize their supply chain operations. However, the logistics industry faces a shortage of skilled drivers, which poses a challenge for 5PL providers. To address this issue, they are investing in training programs and leveraging technology solutions such as autonomous vehicles and drones to enhance their service offerings.
  • Overall, the 5PL market is poised for growth, driven by these trends and the need for more efficient and innovative logistics solutions.

    • What will be the Size of the Fifth-Party Logistics (5Pl) Solutions Market During the Forecast Period?

    Fifth-Party Logistics (5Pl) Solutions Market Size

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  • The market is experiencing significant growth as businesses seek to optimize their supply chain management and enhance logistics capabilities. This market, which involves outsourcing logistics management to a third-party provider who manages multiple logistics service providers on behalf of the client, is being driven by several key trends. E-commerce growth and increasing internet penetration have led to a surge in demand for efficient and agile logistics solutions. The integration of network technology, such as blockchain, IoT, and AI, is enabling greater visibility and control over inventory movement and shipment locations. Additionally, the shift towards omnichannel retailing and the need for real-time transportation and warehousing management are fueling the adoption of 5PL solutions.
  • Moreover, supply networks are becoming more complex, requiring sophisticated system integration and management capabilities. The use of advanced logistics models and the ability to respond quickly to changing market conditions are becoming essential for businesses seeking to maintain a competitive edge. Overall, the 5PL solutions market is expected to continue expanding as businesses seek to improve their supply chain agility and efficiency.

    • How is this Fifth-Party Logistics (5Pl) Solutions Industry segmented and which is the largest segment?

    The fifth-party logistics (5pl) solutions industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    • Service
      • Transportation
      • Warehousing
      • Other services
    • Application
      • E-commerce
      • Logistic companies
      • Traders
    • Geography
      • APAC
        • China
        • Japan
      • North America
        • US
      • Europe
        • Germany
        • France
      • Middle East and Africa
        • South America

        By Service Insights

        The transportation segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth, driven by the increasing adoption of advanced technologies such as blockchain, IoT, AI, and network technology in supply chain management. E-commerce sector growth and increasing internet penetration are also key factors fueling market expansion. The 5PL solutions market encompasses order management, reverse logistics, and real-time data visibility, enabling agility in supply networks and reducing risks and interruptions. Key players dominate the market, including DHL, UPS, and FedEx, offering system integration, warehouse management, transportation, and distribution services. The transportation segment is a significant market driver, with air, ocean, and road transportation modes gaining popularity due to their respective advantages.

        Air transportation offers high speed and reliability, making it the fastest-growing mode. Ocean transportation, with its low costs, is the second-fastest-growing mode, while road transportation's flexibility and convenience position it as the third-fastest-growing mode. Logistics professionals, data analysts, and customs compliance experts are essential in managing the complexities of 5PL solutions. Cloud-based solutions, automation technologies, and real-time monitoring systems are increasingly utilized for automating warehouse operations, including picking, packing, and customs clearance. Data analytics platforms enable dynamic inventory allocation, forecasting, and planning, ensuring on-time delivery and customer satisfaction. The 5PL solutions market caters to various industries, including e-commerce, where real-time data on inventory levels, delivery times, and order fulfillment are crucial.

        The market's growth is influenced by events such as increased globalization, changing consumer preferences, and the need for cost reduction and efficiency improvements. The integration of advanced technologies, such as WMS, TMS, and data analytics platforms, is transforming traditional logistics into more agile and responsive supply chain networks.


        Fifth-Party Logistics (5Pl) Solutions Market Size

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        The Transportation segment was valued at USD 390.40 million in 2018 and showed a gradual increase during the forecast period.

        Regional Analysis

        APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

        Fifth-Party Logistics (5Pl) Solutions Market Share by Geography

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        The market is experiencing significant growth due to the increasing adoption of advanced technologies and the expanding e-commerce sector. The integration of blockchain, IoT, AI, and network technology in logistics networks enhances visibility, inventory movement, and real-time data analysis. The e-commerce sector's demand for agile and efficient logistics solutions, driven by increasing internet penetration and omnichannel retailing, is propelling market expansion. Notable investments in system integration, management, and logistics infrastructure, such as UPS's USD300 million investment in its APAC network, further fuel market growth. Logistics professionals, data analysts, and customs compliance experts leverage cloud-based solutions, automation technologies, and real-time monitoring systems to optimize supply networks, reduce inefficiencies, and improve on-time delivery.

        The market's focus on cost reduction, delivery speed, and customer satisfaction is driving innovation in transportation methods, including air, sea, and road, and cargo types.


        Market Dynamics

        Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

        What are the key market drivers leading to the rise In the adoption of Fifth-Party Logistics (5Pl) Solutions Industry?

        • Rise in global containerized cargo trade is the key driver of the market.The e-commerce sector's growth, driven by increasing Internet penetration, has led to a surge in demand for agile logistics solutions. Fifth-Party Logistics (5PL) providers offer advanced technology-driven services, including blockchain, IoT, AI, and real-time data analytics, to optimize supply chain management in omnichannel retailing. These solutions enhance visibility into inventory movement, shipment locations, and delivery times, reducing interruptions and risks. 5PLs provide system integration, enabling seamless communication between transportation, warehousing, and order management systems. They offer dynamic inventory allocation, return logistics, and product refurbishing or recycling solutions. Warehouse space optimization, automated picking, customs clearance, and packing are also part of their services.

          Data analytics platforms and cloud-based solutions enable real-time monitoring and automation of logistics operations, from transportation to warehousing. Logistics professionals, data analysts, and customs compliance experts ensure efficient system upgrades and regulatory compliance. The integration of automation technologies, such as robotics and automated storage and retrieval systems, further enhances operational efficiency. The market dynamics include the growing complexity of supply networks, increasing on-time delivery demands, and the need for cost savings and customer satisfaction. The means of transportation, including air, sea, and road, and cargo type, impact the logistics costs and delivery speed. Data analytics and carrier selection are crucial for optimizing logistics operations and ensuring smooth supply chain flow.

        What are the market trends shaping the Fifth-Party Logistics (5Pl) Solutions market?

        • Adoption of cloud-based logistics platforms is the upcoming market trend.Cloud-based logistics solutions, also known as Fifth-Party Logistics (5PL) platforms, utilize cloud technology to manage and coordinate complex logistics operations. These platforms offer real-time data sharing and collaboration among stakeholders, enhancing supply chain agility and efficiency. With the increasing penetration of the Internet and the growth of e-commerce, there is a rising demand for such solutions. Cloud-based 5PL platforms provide scalability, accommodating expanding business volumes, and flexibility for rapid deployment and customization. They integrate seamlessly with existing systems, enabling smoother implementation and adapting to evolving business requirements. These platforms offer advanced features like system integration, network technology, and data analytics platforms.

          They optimize inventory levels, manage warehouse and distribution locations, and provide real-time visibility into inventory movement, shipment locations, and delivery times. Moreover, they minimize interruptions and risks, ensuring on-time delivery and customer satisfaction. Cloud-based logistics solutions employ advanced technologies like Internet of Things (IoT), Artificial Intelligence (AI), and Blockchain for real-time monitoring, automation, and data security. They also offer reverse logistics capabilities, managing product returns, refurbishing, and recycling. Logistics teams and data analysts can leverage these platforms for demand forecasting, dynamic inventory allocation, and order management. Customs compliance experts and system upgrades can be easily integrated, ensuring regulatory compliance and system upgrades.

          Cloud-based logistics platforms cater to various transportation modes, cargo types, and carriers, offering flexibility and cost savings. They provide real-time data analytics, enabling logistics professionals to make informed decisions and improve overall supply chain performance.

        What challenges does the Fifth-Party Logistics (5Pl) Solutions Industry face during its growth?

        • Shortage of skilled drivers in logistics industry is a key challenge affecting the industry growth.The market is experiencing significant dynamics due to the increasing adoption of advanced technologies such as Blockchain, IoT, AI, and Network technology in supply chain management. E-commerce sector growth and rising Internet penetration are key drivers, leading to the need for agile logistics solutions that prioritize on-time delivery, visibility, and inventory management. 5PL solutions involve system integration and management of supply networks, logistics, omnichannel retailing, transportation, and warehousing. This includes order management, reverse logistics, and delivery speed optimization. Real-time data analysis is crucial for inventory movement, shipment locations, and forecasting demand. Logistics teams require the expertise of data analysts, customs compliance experts, and logistics professionals for managing complex systems.

          Warehouse space optimization, warehouse inventory management, and demand forecasting are essential for dynamic inventory allocation and efficient order fulfillment. Traditional logistics methods face challenges from increasing costs and customer expectations for fast delivery. Cloud-based solutions, automation technologies, and real-time monitoring systems are being implemented to address these issues. Carriers and warehousing operations require customization and integration with TMS, WMS, and data analytics platforms for optimal efficiency. Despite these advancements, risks such as interruptions, stockouts, overstocking, and inefficiencies persist. The market is addressing these challenges through innovative solutions like automated storage and retrieval systems, robotics, and automated transportation systems.

          In the e-commerce sector, order fulfillment and return logistics are critical components of customer satisfaction. Product returns, refurbishing, and recycling are becoming essential aspects of the logistics value chain. The market is expected to continue evolving as logistics teams adapt to changing customer demands and technological advancements.

        Exclusive Customer Landscape

        The fifth-party logistics (5pl) solutions market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the fifth-party logistics (5pl) solutions market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

        Fifth-Party Logistics (5Pl) Solutions Market Share by Geography

         Customer Landscape

        Key Companies & Market Insights

        Companies are implementing various strategies, such as strategic alliances, fifth-party logistics (5pl) solutions market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

        5PL Logistics Solutions LLC - The company specializes in fifth-party logistics (5PL) solutions, providing comprehensive supply chain services and contract logistics management. By leveraging advanced technologies and strategic partnerships, this organization orchestrates the entire logistics process on behalf of clients, ensuring seamless integration of all supply chain functions. The company's 5PL solutions encompass transportation management, warehousing, inventory management, order fulfillment, and customer service, among others. By assuming a more collaborative role In the logistics process, the company optimizes supply chain efficiency, reduces costs, and enhances overall customer satisfaction.

        The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

        • 5PL Logistics Solutions LLC
        • AP Moller Maersk AS
        • C H Robinson Worldwide Inc.
        • CEVA Logistics
        • DACHSER SE
        • DB Schenker
        • Deutsche Post AG
        • DSV AS
        • Expeditors International of Washington Inc.
        • FedEx Corp.
        • Hemisphere Freight Services Ltd.
        • Hitachi Transport System Ltd.
        • J B Hunt Transport Services Inc.
        • Japan Post Holdings Co. Ltd.
        • Kuehne Nagel Management AG
        • Nippon Express Holdings Inc.
        • Schultz Shipping Group
        • United Parcel Service Inc.
        • XPO Inc.

        Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

        Research Analyst Overview

        Fifth-party logistics (5PL) solutions have emerged as a game-changer In the complex and intricate world of supply chain management. These advanced logistics models go beyond the traditional third-party logistics (3PL) and fourth-party logistics (4PL) services by offering a more comprehensive and integrated approach. 5PL solutions encompass the entire supply network, from order management to reverse logistics, providing end-to-end visibility and control. This model allows businesses to optimize their supply chain operations, reduce costs, and enhance customer satisfaction. The e-commerce sector has been a significant driver of the growth in 5PL solutions. With the increasing internet penetration and the proliferation of e-commerce platforms, businesses are under pressure to deliver products faster and more efficiently than ever before.

        5PL solutions offer the agility and flexibility required to meet these demands. Network technology plays a crucial role in enabling 5PL solutions. Real-time data analytics platforms, IoT sensors, and automation technologies such as robotics and automated storage and retrieval systems are integral to the successful implementation of 5PL. These technologies provide real-time visibility into inventory levels, shipment locations, and delivery times, enabling businesses to make data-driven decisions and respond quickly to market demands. One of the key benefits of 5PL solutions is increased agility and responsiveness. By integrating order management, reverse logistics, and transportation, businesses can streamline their supply chain operations and minimize interruptions and risks.

        Real-time data analytics and forecasting help businesses anticipate demand and adjust inventory levels accordingly, reducing the risk of stockouts or overstocking. 5PL solutions also offer cost savings by optimizing transportation and warehousing operations. By consolidating shipments and optimizing routing, businesses can reduce transportation costs. Warehouse space utilization is improved through dynamic inventory allocation and automated storage and retrieval systems. Customer satisfaction is a critical metric for businesses in today's competitive market. 5PL solutions help businesses meet customer expectations by providing faster delivery times and better inventory management. Real-time data analytics and forecasting enable businesses to anticipate demand and adjust inventory levels accordingly, reducing the risk of stockouts and ensuring that products are always available when customers need them.

        5PL solutions also offer improved visibility and control over the entire supply chain. By integrating order management, reverse logistics, and transportation, businesses can gain real-time visibility into their supply chain operations. This visibility enables businesses to respond quickly to market demands and make data-driven decisions, improving overall efficiency and reducing costs. In conclusion, 5PL solutions offer a comprehensive and integrated approach to supply chain management, providing end-to-end visibility and control over the entire supply network. By leveraging network technology, automation, and real-time data analytics, businesses can optimize their supply chain operations, reduce costs, and enhance customer satisfaction. The benefits of 5PL solutions are particularly significant for businesses In the e-commerce sector, where fast and efficient delivery is critical to success.


        Market Scope

        Report Coverage

        Details

        Page number

        179

        Base year

        2023

        Historic period

        		 2018-2022

        Forecast period

        2024-2028

        Growth momentum & CAGR

        Accelerate at a CAGR of 6.95%

        Market growth 2024-2028

        USD 406.3 million

        Market structure

        Fragmented

        YoY growth 2023-2024(%)

        6.27

        Key countries

        US, China, Germany, France, and Japan

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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        What are the Key Data Covered in this Fifth-Party Logistics (5Pl) Solutions Market Research and Growth Report?

        • CAGR of the Fifth-Party Logistics (5Pl) Solutions industry during the forecast period
        • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
        • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
        • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
        • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
        • Thorough analysis of the market’s competitive landscape and detailed information about companies
        • Comprehensive analysis of factors that will challenge the fifth-party logistics (5pl) solutions market growth of industry companies

        We can help! Our analysts can customize this fifth-party logistics (5pl) solutions market research report to meet your requirements.

        Get in touch

         

        1 Executive Summary

        • 1.1 Market overview
          • Executive Summary - Chart on Market Overview
          • Executive Summary - Data Table on Market Overview
          • Executive Summary - Chart on Global Market Characteristics
          • Executive Summary - Chart on Market by Geography
          • Executive Summary - Chart on Market Segmentation by Service
          • Executive Summary - Chart on Market Segmentation by Application
          • Executive Summary - Chart on Incremental Growth
          • Executive Summary - Data Table on Incremental Growth
          • Executive Summary - Chart on Company Market Positioning

        2 Market Landscape

        • 2.1 Market ecosystem
          • Parent Market
          • Data Table on - Parent Market
        • 2.2 Market characteristics
          • Market characteristics analysis
        • 2.3 Value chain analysis
          • Value Chain Analysis

        3 Market Sizing

        • 3.1 Market definition
          • Offerings of companies included in the market definition
        • 3.2 Market segment analysis
          • Market segments
        • 3.3 Market size 2023
          • 3.4 Market outlook: Forecast for 2023-2028
            • Chart on Global - Market size and forecast 2023-2028 ($ million)
            • Data Table on Global - Market size and forecast 2023-2028 ($ million)
            • Chart on Global Market: Year-over-year growth 2023-2028 (%)
            • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

          4 Historic Market Size

          • 4.1 Global Fifth-Party Logistics (5PL) Solutions Market 2018 - 2022
            • Historic Market Size - Data Table on Global Fifth-Party Logistics (5PL) Solutions Market 2018 - 2022 ($ million)
          • 4.2 Service segment analysis 2018 - 2022
            • Historic Market Size - Service Segment 2018 - 2022 ($ million)
          • 4.3 Application segment analysis 2018 - 2022
            • Historic Market Size - Application Segment 2018 - 2022 ($ million)
          • 4.4 Geography segment analysis 2018 - 2022
            • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
          • 4.5 Country segment analysis 2018 - 2022
            • Historic Market Size - Country Segment 2018 - 2022 ($ million)

          5 Five Forces Analysis

          • 5.1 Five forces summary
            • Five forces analysis - Comparison between 2023 and 2028
          • 5.2 Bargaining power of buyers
            • Bargaining power of buyers - Impact of key factors 2023 and 2028
          • 5.3 Bargaining power of suppliers
            • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
          • 5.4 Threat of new entrants
            • Threat of new entrants - Impact of key factors in 2023 and 2028
          • 5.5 Threat of substitutes
            • Threat of substitutes - Impact of key factors in 2023 and 2028
          • 5.6 Threat of rivalry
            • Threat of rivalry - Impact of key factors in 2023 and 2028
          • 5.7 Market condition
            • Chart on Market condition - Five forces 2023 and 2028

          6 Market Segmentation by Service

          • 6.1 Market segments
            • Chart on Service - Market share 2023-2028 (%)
            • Data Table on Service - Market share 2023-2028 (%)
          • 6.2 Comparison by Service
            • Chart on Comparison by Service
            • Data Table on Comparison by Service
          • 6.3 Transportation - Market size and forecast 2023-2028
            • Chart on Transportation - Market size and forecast 2023-2028 ($ million)
            • Data Table on Transportation - Market size and forecast 2023-2028 ($ million)
            • Chart on Transportation - Year-over-year growth 2023-2028 (%)
            • Data Table on Transportation - Year-over-year growth 2023-2028 (%)
          • 6.4 Warehousing - Market size and forecast 2023-2028
            • Chart on Warehousing - Market size and forecast 2023-2028 ($ million)
            • Data Table on Warehousing - Market size and forecast 2023-2028 ($ million)
            • Chart on Warehousing - Year-over-year growth 2023-2028 (%)
            • Data Table on Warehousing - Year-over-year growth 2023-2028 (%)
          • 6.5 Others - Market size and forecast 2023-2028
            • Chart on Others - Market size and forecast 2023-2028 ($ million)
            • Data Table on Others - Market size and forecast 2023-2028 ($ million)
            • Chart on Others - Year-over-year growth 2023-2028 (%)
            • Data Table on Others - Year-over-year growth 2023-2028 (%)
          • 6.6 Market opportunity by Service
            • Market opportunity by Service ($ million)
            • Data Table on Market opportunity by Service ($ million)

          7 Market Segmentation by Application

          • 7.1 Market segments
            • Chart on Application - Market share 2023-2028 (%)
            • Data Table on Application - Market share 2023-2028 (%)
          • 7.2 Comparison by Application
            • Chart on Comparison by Application
            • Data Table on Comparison by Application
          • 7.3 E-commerce - Market size and forecast 2023-2028
            • Chart on E-commerce - Market size and forecast 2023-2028 ($ million)
            • Data Table on E-commerce - Market size and forecast 2023-2028 ($ million)
            • Chart on E-commerce - Year-over-year growth 2023-2028 (%)
            • Data Table on E-commerce - Year-over-year growth 2023-2028 (%)
          • 7.4 Logistic companies - Market size and forecast 2023-2028
            • Chart on Logistic companies - Market size and forecast 2023-2028 ($ million)
            • Data Table on Logistic companies - Market size and forecast 2023-2028 ($ million)
            • Chart on Logistic companies - Year-over-year growth 2023-2028 (%)
            • Data Table on Logistic companies - Year-over-year growth 2023-2028 (%)
          • 7.5 Traders - Market size and forecast 2023-2028
            • Chart on Traders - Market size and forecast 2023-2028 ($ million)
            • Data Table on Traders - Market size and forecast 2023-2028 ($ million)
            • Chart on Traders - Year-over-year growth 2023-2028 (%)
            • Data Table on Traders - Year-over-year growth 2023-2028 (%)
          • 7.6 Market opportunity by Application
            • Market opportunity by Application ($ million)
            • Data Table on Market opportunity by Application ($ million)

          8 Customer Landscape

          • 8.1 Customer landscape overview
            • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

          9 Geographic Landscape

          • 9.1 Geographic segmentation
            • Chart on Market share by geography 2023-2028 (%)
            • Data Table on Market share by geography 2023-2028 (%)
          • 9.2 Geographic comparison
            • Chart on Geographic comparison
            • Data Table on Geographic comparison
          • 9.3 APAC - Market size and forecast 2023-2028
            • Chart on APAC - Market size and forecast 2023-2028 ($ million)
            • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
            • Chart on APAC - Year-over-year growth 2023-2028 (%)
            • Data Table on APAC - Year-over-year growth 2023-2028 (%)
          • 9.4 North America - Market size and forecast 2023-2028
            • Chart on North America - Market size and forecast 2023-2028 ($ million)
            • Data Table on North America - Market size and forecast 2023-2028 ($ million)
            • Chart on North America - Year-over-year growth 2023-2028 (%)
            • Data Table on North America - Year-over-year growth 2023-2028 (%)
          • 9.5 Europe - Market size and forecast 2023-2028
            • Chart on Europe - Market size and forecast 2023-2028 ($ million)
            • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
            • Chart on Europe - Year-over-year growth 2023-2028 (%)
            • Data Table on Europe - Year-over-year growth 2023-2028 (%)
          • 9.6 Middle East and Africa - Market size and forecast 2023-2028
            • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
            • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
          • 9.7 South America - Market size and forecast 2023-2028
            • Chart on South America - Market size and forecast 2023-2028 ($ million)
            • Data Table on South America - Market size and forecast 2023-2028 ($ million)
            • Chart on South America - Year-over-year growth 2023-2028 (%)
            • Data Table on South America - Year-over-year growth 2023-2028 (%)
          • 9.8 US - Market size and forecast 2023-2028
            • Chart on US - Market size and forecast 2023-2028 ($ million)
            • Data Table on US - Market size and forecast 2023-2028 ($ million)
            • Chart on US - Year-over-year growth 2023-2028 (%)
            • Data Table on US - Year-over-year growth 2023-2028 (%)
          • 9.9 China - Market size and forecast 2023-2028
            • Chart on China - Market size and forecast 2023-2028 ($ million)
            • Data Table on China - Market size and forecast 2023-2028 ($ million)
            • Chart on China - Year-over-year growth 2023-2028 (%)
            • Data Table on China - Year-over-year growth 2023-2028 (%)
          • 9.10 Germany - Market size and forecast 2023-2028
            • Chart on Germany - Market size and forecast 2023-2028 ($ million)
            • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
            • Chart on Germany - Year-over-year growth 2023-2028 (%)
            • Data Table on Germany - Year-over-year growth 2023-2028 (%)
          • 9.11 France - Market size and forecast 2023-2028
            • Chart on France - Market size and forecast 2023-2028 ($ million)
            • Data Table on France - Market size and forecast 2023-2028 ($ million)
            • Chart on France - Year-over-year growth 2023-2028 (%)
            • Data Table on France - Year-over-year growth 2023-2028 (%)
          • 9.12 Japan - Market size and forecast 2023-2028
            • Chart on Japan - Market size and forecast 2023-2028 ($ million)
            • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
            • Chart on Japan - Year-over-year growth 2023-2028 (%)
            • Data Table on Japan - Year-over-year growth 2023-2028 (%)
          • 9.13 Market opportunity by geography
            • Market opportunity by geography ($ million)
            • Data Tables on Market opportunity by geography ($ million)

          10 Drivers, Challenges, and Opportunity/Restraints

          • 10.1 Market drivers
            • 10.2 Market challenges
              • 10.3 Impact of drivers and challenges
                • Impact of drivers and challenges in 2023 and 2028
              • 10.4 Market opportunities/restraints

                11 Competitive Landscape

                • 11.1 Overview
                  • 11.2 Competitive Landscape
                    • Overview on criticality of inputs and factors of differentiation
                  • 11.3 Landscape disruption
                    • Overview on factors of disruption
                  • 11.4 Industry risks
                    • Impact of key risks on business

                  12 Competitive Analysis

                  • 12.1 Companies profiled
                    • Companies covered
                  • 12.2 Market positioning of companies
                    • Matrix on companies position and classification
                  • 5PL Logistics Solutions LLC
                    • 5PL Logistics Solutions LLC - Overview
                    • 5PL Logistics Solutions LLC - Product / Service
                    • 5PL Logistics Solutions LLC - Key offerings
                  • 12.4 AP Moller Maersk AS
                    • AP Moller Maersk AS - Overview
                    • AP Moller Maersk AS - Business segments
                    • AP Moller Maersk AS - Key news
                    • AP Moller Maersk AS - Key offerings
                    • AP Moller Maersk AS - Segment focus
                  • 12.5 C H Robinson Worldwide Inc.
                    • C H Robinson Worldwide Inc. - Overview
                    • C H Robinson Worldwide Inc. - Business segments
                    • C H Robinson Worldwide Inc. - Key news
                    • C H Robinson Worldwide Inc. - Key offerings
                    • C H Robinson Worldwide Inc. - Segment focus
                  • 12.6 DACHSER SE
                    • DACHSER SE - Overview
                    • DACHSER SE - Product / Service
                    • DACHSER SE - Key offerings
                  • 12.7 DB Schenker
                    • DB Schenker - Overview
                    • DB Schenker - Product / Service
                    • DB Schenker - Key offerings
                  • 12.8 Deutsche Post AG
                    • Deutsche Post AG - Overview
                    • Deutsche Post AG - Product / Service
                    • Deutsche Post AG - Key news
                    • Deutsche Post AG - Key offerings
                  • 12.9 Expeditors International of Washington Inc.
                    • Expeditors International of Washington Inc. - Overview
                    • Expeditors International of Washington Inc. - Business segments
                    • Expeditors International of Washington Inc. - Key offerings
                    • Expeditors International of Washington Inc. - Segment focus
                  • 12.10 FedEx Corp.
                    • FedEx Corp. - Overview
                    • FedEx Corp. - Business segments
                    • FedEx Corp. - Key news
                    • FedEx Corp. - Key offerings
                    • FedEx Corp. - Segment focus
                  • 12.11 Hitachi Transport System Ltd.
                    • Hitachi Transport System Ltd. - Overview
                    • Hitachi Transport System Ltd. - Business segments
                    • Hitachi Transport System Ltd. - Key offerings
                    • Hitachi Transport System Ltd. - Segment focus
                  • 12.12 J B Hunt Transport Services Inc.
                    • J B Hunt Transport Services Inc. - Overview
                    • J B Hunt Transport Services Inc. - Business segments
                    • J B Hunt Transport Services Inc. - Key offerings
                    • J B Hunt Transport Services Inc. - Segment focus
                  • 12.13 Japan Post Holdings Co. Ltd.
                    • Japan Post Holdings Co. Ltd. - Overview
                    • Japan Post Holdings Co. Ltd. - Business segments
                    • Japan Post Holdings Co. Ltd. - Key offerings
                    • Japan Post Holdings Co. Ltd. - Segment focus
                  • 12.14 Kuehne Nagel Management AG
                    • Kuehne Nagel Management AG - Overview
                    • Kuehne Nagel Management AG - Business segments
                    • Kuehne Nagel Management AG - Key news
                    • Kuehne Nagel Management AG - Key offerings
                    • Kuehne Nagel Management AG - Segment focus
                  • 12.15 Nippon Express Holdings Inc.
                    • Nippon Express Holdings Inc. - Overview
                    • Nippon Express Holdings Inc. - Business segments
                    • Nippon Express Holdings Inc. - Key news
                    • Nippon Express Holdings Inc. - Key offerings
                    • Nippon Express Holdings Inc. - Segment focus
                  • 12.16 United Parcel Service Inc.
                    • United Parcel Service Inc. - Overview
                    • United Parcel Service Inc. - Business segments
                    • United Parcel Service Inc. - Key news
                    • United Parcel Service Inc. - Key offerings
                    • United Parcel Service Inc. - Segment focus
                  • 12.17 XPO Inc.
                    • XPO Inc. - Overview
                    • XPO Inc. - Business segments
                    • XPO Inc. - Key news
                    • XPO Inc. - Key offerings
                    • XPO Inc. - Segment focus

                  13 Appendix

                  • 13.1 Scope of the report
                    • 13.2 Inclusions and exclusions checklist
                      • Inclusions checklist
                      • Exclusions checklist
                    • 13.3 Currency conversion rates for US$
                      • Currency conversion rates for US$
                    • 13.4 Research methodology
                      • Research methodology
                    • 13.5 Data procurement
                      • Information sources
                    • 13.6 Data validation
                      • Data validation
                    • 13.7 Validation techniques employed for market sizing
                      • Validation techniques employed for market sizing
                    • 13.8 Data synthesis
                      • Data synthesis
                    • 360 degree market analysis
                      • 360 degree market analysis
                    • 13.10 List of abbreviations
                      • List of abbreviations

                    Research Methodology

                    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                    INFORMATION SOURCES

                    Primary sources

                    • Manufacturers and suppliers
                    • Channel partners
                    • Industry experts
                    • Strategic decision makers

                    Secondary sources

                    • Industry journals and periodicals
                    • Government data
                    • Financial reports of key industry players
                    • Historical data
                    • Press releases

                    DATA ANALYSIS

                    Data Synthesis

                    • Collation of data
                    • Estimation of key figures
                    • Analysis of derived insights

                    Data Validation

                    • Triangulation with data models
                    • Reference against proprietary databases
                    • Corroboration with industry experts

                    REPORT WRITING

                    Qualitative

                    • Market drivers
                    • Market challenges
                    • Market trends
                    • Five forces analysis

                    Quantitative

                    • Market size and forecast
                    • Market segmentation
                    • Geographical insights
                    • Competitive landscape

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                    Frequently Asked Questions

                    Fifth-Party Logistics (5Pl) Solutions market growth will increase by $ 406.3 mn during 2024-2028 .

                    The Fifth-Party Logistics (5Pl) Solutions market is expected to grow at a CAGR of 6.95% during 2024-2028 .

                    Fifth-Party Logistics (5Pl) Solutions market is segmented by Service( Transportation, Warehousing, Other services) Application( E-commerce, Logistic companies, Traders, South America, Middle East and Africa)

                    5PL Logistics Solutions LLC, AP Moller Maersk AS, C H Robinson Worldwide Inc., CEVA Logistics, DACHSER SE, DB Schenker, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hemisphere Freight Services Ltd., Hitachi Transport System Ltd., J B Hunt Transport Services Inc., Japan Post Holdings Co. Ltd., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Schultz Shipping Group, United Parcel Service Inc., XPO Inc. are a few of the key vendors in the Fifth-Party Logistics (5Pl) Solutions market.

                    APAC will register the highest growth rate of 42% among the other regions. Therefore, the Fifth-Party Logistics (5Pl) Solutions market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

                    US, China, Germany, France, Japan

                    • Rise in global containerized cargo tradeThe shift in the global trade pattern toward containerized seaborne and air-borne trade has increased in recent years. To facilitate the smooth transportation of containerized goods is the driving factor this market.
                    • there is an increase in demand for 5PL logistics services. In addition is the driving factor this market.
                    • the rise in trade agreements is the major factor driving the volume of containerized cargo trades. Moreover is the driving factor this market.
                    • the growing positive economic condition of Asian countries is also expected to increase the volume of containerized cargo during the forecast period. The containerized cargo trade has a complex supply chain with a huge number of intermediaries. The 5PL players can provide information technology-based supply chain solutions is the driving factor this market.
                    • such as coordinating the intermediaries for time-definite delivery. Such factors are expected to drive the growth of the global 5PL solutions market during the forecast period. is the driving factor this market.

                    The Fifth-Party Logistics (5Pl) Solutions market vendors should focus on grabbing business opportunities from the Transportation segment as it accounted for the largest market share in the base year.