Executive Summary
The third-party logistics (3PL) industry in Australia plays a crucial role in facilitating the movement of goods within the country and across international borders. 3PL providers offer a range of services that include transportation, warehousing, distribution, inventory management, freight forwarding, and more.
E-commerce Boom: The rise of e-commerce has significantly impacted the logistics sector. 3PL companies have had to adapt to the changing demands of online retail, such as managing last-mile delivery and handling returns efficiently.
According to Makreo research the year-on-year growth in 2022 was remarkable, market revenue increased by 33.4%. This significant surge in market revenue underscores a rapid and expansive evolution of the 3PL market. The driving forces behind this exponential increase are the escalating trend in online shopping, the continuous advancement of technology, and the specific dynamics inherent to various industries.
Moreover, increasing numbers of companies are adopting an outsourcing strategy to optimize their operations. By entrusting their logistics functions to specialized 3PL providers, businesses can focus on their core competencies and reduce operational complexities.
Key Developments
Future Outlook
The prospective outlook for the third-party logistics (3PL) sector in Australia is highly favorable, underpinned by factors including economic diversification, robust infrastructure development, the continued surge of e-commerce, global trade dynamics, operational efficiency enhancements, and technological strides. 3PL providers that demonstrate adaptability to these evolving demands, offer specialized solutions, and harness technological innovations are positioned for substantial growth within Australia's dynamic 3PL landscape.
According to Makreo's projections, the Australia Third-Party Logistics Market is anticipated to expand significantly, reaching an estimated value exceeding AUD 30 Billion by the year 2028. This growth trajectory is expected to be fueled by a compound annual growth rate (CAGR) of 3.8% from 2023 through 2028. As Australian enterprises increasingly seek avenues to refine their logistics operations, the demand for proficient 3PL services is poised to experience notable escalation.
Scope of the Study
Makreo research has published study on Third Party Logistics Market titled, “Australia Third Party Logistics Forecast (2018-2028)”. Market assessment has been carried out using qualitative and quantitative methods and have combined the impact of macroeconomic and micro economic scenario. The market has witnessed many shifts in recent past years. Future outlook has been assessed keeping various influencing factors into consideration and also to assess the expected opportunities in the market.
Companies Covered
Key Questions Answered
Table of Content
Report Synopsis
Key Industry Highlights
Industry overview
1. Research Methodology
1.1. Objective of the Study
1.2. Research Process
1.3. Analytical Framework
2. Australia Third-Party Logistics (3PL) Market – Past and Present Performance
2.1. Australia Third – Party Logistics Market – An Overview
2.1.1. Australia Third – Party Logistics Market Performance: Key Developments
2.2. Benefits of Working with Third-Party Logistics Provider in Australia
2.3. Australia Third-Party Logistics Market Revenue: Past and Present Performance
3. Australia Third – Party (3PL) Market – Future Outlook
3.1. Australia Third-Party Logistics (3PL) Market Future Outlook
3.2. Factors to Drive Australia Third Party Logistics Market in Future
4. Australia Third-Party Logistics (3PL) Market – Company Profile
4.1. Company Profile : Pro Prep and Fulfillment Australia
4.2. Company Profile : Sourci
4.3. Company Profile : 365 Freight and Customs PTY LTD
4.4. Company Profile :1800 We Store It
4.5. Company Profile – Stockwell International
4.6. Company Profile – Mondiale VGL PTY Ltd
5. Analyst Recommendations
6. Limitations of the Study
List of Figures
Australia Third-Party Logistics Market Revenue, 2018-2022
Australia Third-Party Logistics (3PL) Market Revenue Forecast, 2023F – 2028F
Pro Prep and Fulfillmet Australia Business Distribution by Type of Services
Pro Prep and Fulfillmet Australia Services by Type of Industries
Sourci Business Distribution by Type of Services
Sourci Services by Type of Industries
365 Freight and Customs Business Distribution by Type of Services
365 Freight and Customs Services by Type of Industries
1800 We Store It Business Distribution by Type of Services
1800 We Store It Services by Type of Industries
Stockwell International Business Distribution by Type of Services
GRA Business Distribution by Type of Services
GRA Services by Type of Industries