United States Contract Logistics Market Size (2024 - 2029)

United States Contract Logistics Market Analysis

The United States Contract Logistics Market size is estimated at USD 139.86 billion in 2024, and is expected to reach USD 168.21 billion by 2029, growing at a CAGR of 3.76% during the forecast period (2024-2029).

• The COVID-19 pandemic caused lockdowns all over the world. Business stopped, and the economy was put to the test. The market was thrown off by huge changes to operations, supply chains, regulations, and the number of workers needed.Later, after restrictions eased, the increasing e-commerce sales in the country recovered the contract logistics market.
• Moreover, the country is the biggest contributor to the contract logistics market in North America. The growth in the market is driven by the increasing demand for integrated services and the advanced implementation of IoT and logistic automation. In addition, the retail sector is one of the major end users of the market, followed by the high-tech and automotive industries.
• In the meantime, most of the market players are focusing on adding autonomous elements to their existing infrastructure and systems to change the fulfillment process without disrupting the supply chain. This is to meet the growing demand from end users. Contract logistics companies are also getting more productive by using technologies like drones, robots, augmented reality, and virtual reality in their work. Thus, the increasing retail and e-commerce sales and the adoption of innovative technologies will drive the contract logistics industry in the country.

United States Contract Logistics Industry Segmentation

Contract logistics is a long-term partnership that includes many services, from moving goods or replacement parts to delivering goods to the final customer. The service offerings of contract logistics include the following, among others: warehouses, personnel, appropriate equipment, stock management, dispatch follow-up, and after-sales service. A complete background analysis of the United States contract logistics market, including the assessment of the economy and contribution of sectors in the economy, a market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is included in the report.

The United States Contract Logistics Market is segmented by Type (Outsourced and Insourced), by End User (Manufacturing and Automotive, Consumer Goods and Retail, High-Tech, Healthcare, and Pharmaceuticals Other End Users (Energy, Construction, Aerospace, etc.)). The report offers market size and forecasts in dollars (USD) for all the above segments.