Global Contract Logistics 2024 Report

Contract Logistics market will remain robust with 4.2% real growth in 2024.

"Global Contract Logistics 2024" examines current and future market trends and breaks down Ti's brand new market size, forecast and segmentation data for 2023, 2024 through to 2028. The report also examines Ti's State of Logistics and Procurement survey results, and provides competitive analysis and Top 10 rankings.

Use the report to plan for the rest of 2024 - 2028, and to understand the competitive landscape and key opportunities.

Key Findings:

• Contract Logistics market will remain robust with 2% real growth in 2024.
• Asia Pacific once again leads global growth in 2024.
• Warehouse costs have been rising steadily since Q1 2022, however y-o-y cost growth has slowed substantially into Q4 2023.
• Most companies outsource a large proportion of their supply chain, but maintain a level of internal supply chain management.
• DHL Supply Chain maintains its place as the global contract logistics market leader, with almost double the revenues of its nearest rival GXO.

Key Questions:

• How fast will the market grow over the next 5 years?
• Will Asia Pacific continue to drive global growth in 2028?
• What's the future for warehousing? Will warehousing costs continue to grow?
• What are the key challenges currently facing the industry?
• What procurement trends are currently dominating the market? How is AI impacting market development?
• Who are the Top 10 3PL providers?
• What's the secret to an exceptional value proposition?

This report contains:

• 2023 & 2024 market sizing, growth rates and forecasts to 2028 , split by region and market segment .
• Warehousing tracker data and analysis , including supply, demand, costs and outlook.
• State of Logistics 2024 survey analysis .
• Global Logistics Contracts Analysis 2014-2024 .
• Contract Logistics Procurement Survey 2023/2024 analysis .
• Competitive landscape analysis .
• In depth company profiles and Top 10 rankings .

About the authors:

Nia Hudson joined Ti as a research analyst in 2021. She studied History as an undergraduate, before moving on to complete a master's in public policy at Bristol University, where she developed a keen interest in globalisation and supply chains. During her time at Bristol, she also worked as a teaching assistant in a primary school. Nia is passionate about research and contributes to Logistics Reports and Ti's Global Supply Chain intelligence portal.

Paul Chapman has extensive experience across a wide range of parcels, delivery and logistics markets. He has authored many reports covering Global, European and UK parcels and logistics markets as well as working on consulting assignments for clients and investors in the sector. His previous experience includes being Research Director at Apex Insight, Logistics Research Manager at Datamonitor and co-founder of Analytiqa. He has a BA in Modern Languages with Business Studies from Swansea University.