New Landmark Report Released by Armstrong & Associates: Even Keeled
In a recent comprehensive study conducted by Armstrong & Associates, Inc., a prominent authority in the realm of Third Party Logistics (3PL) market research, the warehousing landscape in North America is depicted as stabilizing yet evolving. The study, titled “Even Keeled: The Business of Warehousing in North America: Market Size, Market Trends, Major 3PLs, Benchmarking Costs, Prices, and Practices,” offers unparalleled insight into the operational and financial aspects of the warehousing sector.
The latest market analysis conducted by A&A reveals that the total U.S. Warehousing Market reached an impressive $221.4 billion in 2024. The Value Added Warehousing and Distribution (VAWD) gross revenue experienced a 2.2% increase, reaching $69.6 billion, with net revenue climbing by 3.7% to $53.8 billion. By the end of the year, the U.S. warehouse inventory capacity was estimated to have expanded to a substantial 12.4 billion square feet.
This in-depth report draws upon detailed data from 3PL contract warehousing operations and service agreements across North America to provide a comprehensive view of the sector’s ongoing transformation. For over two decades, A&A’s warehousing studies have been instrumental for logistics executives, investors, and supply chain strategists seeking essential references in the industry.
The 2026 edition delves into today’s warehousing realities by offering extensive insights into various operational, financial, and technological forces shaping the industry. This includes detailed guidelines on warehouse pricing, identification of the top warehousing 3PL outsourcing pitfalls, sales benchmarks, contract lengths, warehouse sizes, revenues, operating margins, VAWD revenue, space analysis by region and commodity, warehouse management system (WMS) utilization trends, and much more.
The report also features A&A’s exclusive Top 50 North American VAWD 3PLs, providing a snapshot of industry leaders with detailed profiles covering warehouse footprints, value-added service capabilities, and WMS deployment. These leading 3PLs collectively represent 4,995 facilities totaling 1.513 billion square feet of warehouse space.
Furthermore, the analysis conducted by A&A indicates a decline in U.S. 3PL e-commerce revenue by 23% to $27.2 billion in 2023 following pandemic-driven surges. However, the sector is projected to regain momentum and reach $34.7 billion by 2026. With stabilizing market conditions, A&A forecasts an 8% growth for 2025 following a remarkable 59% year-over-year increase in 2021.
This report proves to be a must-have reference for logistics decision-makers, providing unparalleled market sizing, benchmarking, and operational intelligence exclusively through Armstrong & Associates. With its extensive knowledge of the 3PL market and the operations of top providers, A&A continues to deliver strategic planning consulting and advisory services to numerous organizations seeking to benchmark their current 3PL operations or outsource logistics functions.