Market Size of Spain 3PL Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.45 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Spain Third-Party Logistics (3PL) Market Analysis
The spain third party logistics (3PL) market size is estimated at USD 15.44 billion in 2023, and is expected to reach USD 18.29 billion by 2028, growing at a CAGR of 3.45% during the forecast period (2023-2028).
- Spain stands out worldwide for its world-class network of air, land, rail, and maritime infrastructures and the quality of its services. A structure favors the development and growth of logistics and transport in the Spanish economy.
- Spain is privileged in Southern Europe, where the main goods traffic routes converge. The eastward enlargement of the European Union (EU) favors Spain's strategic position concerning trade flows and the centers of redistribution of foreign trade in the EU and the rest of the world.
- Connectivity promotes the development of the Trans-European Transport Network (TEN-T). In Spain, it includes two of the nine multimodal European corridors considered a priority by the European Union: the Atlantic Corridor and the Mediterranean Corridor. The main arteries are where the key flows of goods and people are concentrated.
- Spain comprises more than 152 logistics parks with a total surface area of over 80 million sq m. These logistics infrastructures are linked mainly to the maritime mode (49.8% share) and road transport (37.4%).
- The impact of Covid-19 was severe on the market, and with the new variants coming now and then, partial lockdowns are a part of the world.
Spain Third-Party Logistics (3PL) Industry Segmentation
A 3PL (third-party logistics) provider offers outsourced logistics services, encompassing anything that involves managing one or more facets of procurement and fulfillment activities.
The Spain Third Party Logistics (3PL) Market is segmented by service (domestic transportation management, international transportation management, and value-added warehousing and distribution) and end-user (manufacturing & automotive, oil & gas and chemicals, distributive trade (wholesale and retail trade including e-commerce), pharma & healthcare, construction, and other end users). The report offers market size and forecasts for the Spain Third Party Logistics (3PL) Market in Value (USD) for all the above segments.
| By Service | |
| Domestic Transportation Management | |
| International Transportation Management | |
| Value-added Warehousing and Distribution |
| By End User | |
| Manufacturing & Automotive | |
| Oil & Gas and Chemicals | |
| Distributive Trade (Wholesale and Retail trade including e-commerce) | |
| Pharma & Healthcare | |
| Construction | |
| Other End Users |
Spain 3PL Market Size Summary
The third-party logistics (3PL) market in Spain is characterized by its robust infrastructure and strategic geographical position in Southern Europe, making it a pivotal hub for trade flows within the European Union and beyond. The country's extensive network of air, land, rail, and maritime transport systems, coupled with its status as a convergence point for major goods traffic routes, underpins the growth of the logistics sector. Spain's logistics parks, predominantly linked to maritime and road transport, play a crucial role in facilitating the movement of goods. The market has been evolving, particularly with the rise of e-commerce, which has driven innovations such as cold logistics to meet the demands of refrigerated product distribution. This sector has seen significant investment and employment growth, highlighting its importance to the Spanish economy.
The Spanish 3PL market is relatively fragmented, with numerous local and international players competing for market share. Companies are increasingly adopting advanced technologies like transport and warehouse management systems, big data, and analytics to enhance their service offerings and maintain competitiveness. The market's growth trajectory is supported by the increasing demand for integrated and specialized logistics solutions, as evidenced by strategic expansions and technological advancements by key players such as CEVA Logistics and Factor 5. The shift towards digital and omnichannel shopping experiences, accelerated by the COVID-19 pandemic, has further influenced the logistics landscape, prompting companies to innovate and adapt to changing consumer behaviors and expectations.
Spain 3PL Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Current Market Scenario
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1.2 Market Dynamics
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1.2.1 Drivers
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1.2.2 Restraints
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1.2.3 Opportunities
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1.3 Value Chain/Supply Chain Analysis
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1.4 Industry Policies and Regulations
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1.5 General Trends in the Warehousing Market
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1.6 Insights into the E-commerce Business
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1.7 Industry Attractiveness - Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Buyers/Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitute Products
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Service
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2.1.1 Domestic Transportation Management
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2.1.2 International Transportation Management
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2.1.3 Value-added Warehousing and Distribution
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2.2 By End User
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2.2.1 Manufacturing & Automotive
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2.2.2 Oil & Gas and Chemicals
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2.2.3 Distributive Trade (Wholesale and Retail trade including e-commerce)
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2.2.4 Pharma & Healthcare
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2.2.5 Construction
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2.2.6 Other End Users
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Spain 3PL Market Size FAQs
What is the current Spain 3PL Market size?
The Spain 3PL Market is projected to register a CAGR of 3.45% during the forecast period (2024-2029)
Who are the key players in Spain 3PL Market?
CEVA Logistics, Groupe CAT, Naeko Logistics, OIA Global and Rhenus Logistics are the major companies operating in the Spain 3PL Market.
