U.S. 3PL logistics market - revenue 2010-2022

Third-party logistics (3PL) is a growing industry in the United States. The industry's total revenue has increased each year, soaring to 405.5 billion U.S. dollars in 2022 alone.

What is 3PL?

Third-party logistics (3PL) is the practice of an organization outsourcing some or all of its inventory management, distribution, and order fulfillment operations to a third party. Domestic and international transportation of goods is one of the most commonly outsourced services, followed closely by warehousing. Clearly, 3PL markets are of greater value to industries that produce goods that need to be transported, for example, cold chain services.

Global 3PL market

The global 3PL industry has been growing over the past decade and has reached revenues of 961.8 billion U.S. dollars in 2020. By region, Asia-Pacific has the largest 3PL market, with nearly 390 billion U.S. dollars of income for the year. Country-wise, the United States is home to the largest 3PL market in the world, followed by China, Japan and Germany.