Supply Chain Management Services in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS OD4881Revenue
$13.3bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
54,518
Businesses
4,838
Wages
$X.Xbn
Supply Chain Management Services in the US industry analysis
Supply chain management companies have enjoyed growth over the current period because of strong growth in the number of businesses, corporate profit and manufacturing investment. When businesses expand, they often use supply chain management companies to ensure that they can maintain profit and quality standards. Improvements in supply chain technology spurred growth as services have become more seamless and efficient, attracting customers. Advancements in software have been somewhat of a double-edged sword for supply chain management companies as supply chain management software has advanced and become more user-friendly, enabling clients to manage supply chains internally. Although technological adoption has been a big boost for supply chain managers, the continued effects of high inflation and interest rates have curtailed growth in recent years. Nonetheless, revenue grew at a CAGR of 4.4% to an estimated $13.3 billion over the past five years, including an anticipated 1.2% boost in 2024, with profit remaining stable.
Trends and Insights
- Advancements in software have attracted more downstream customers. Supply chain management companies have seen growth due to these innovations, but more user-friendly software now enables clients to manage their supply chains in-house.
- E-commerce growth has driven consumer product companies to seek fulfillment services from supply chain management firms. Increased online sales necessitate efficient logistics, prompting a collaboration between consumer brands and specialized supply chain service providers.
- Proximity to downstream markets is crucial for supply chain management companies. The number of these companies in a region depends on population density and manufacturing activity, which influence the efficiency and demand for their services.
- Companies mainly compete based on price and quality. As downstream customers aim to cut operating costs and expand, return on investment becomes paramount.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 4.4 % over the past five years, to reach an estimated $13.3bn in 2024.
Trends and Insights
Economic volatility plays a role in affecting demand among downstream markets
- While supply chain management services prefer economic stability to ensure steady demand for their services, economic volatility also has its perks.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Mounting investment into the manufacturing sector will create steady demand niche
- As the manufacturing space stabilizes to pre-pandemic levels of growth following anticipated stabilization of inflation, supply chain managers will benefit from a lucrative demand niche.
Biggest companies in the Supply Chain Management Services in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Ryder System, Inc. | 3,821.9 | 229.6 | 6.0 | |
Accenture Plc | 488.6 | 56.1 | 11.5 | |
Quantum Services | 14.2 | 0.9 | 6.5 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Materials management, Fulfillment services and Transportation management. Materials management is the largest segment of the Supply Chain Management Services in the US.
Trends and Insights
Volatility in commodity prices drove downstream customers to companies for materials and transportation management
- Materials management mainly pertains to manufacturers, as input materials are a crucial cost for manufacturing.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- There are no industries to display.
International industries
- Procurement and Supply Chain Consultants in Australia
Table of Contents
About this industry
Industry definition
This industry helps control the movement and storage of raw materials, unfinished goods and finished goods from the point of origin to the point of consumption.
What's included in this industry?
Materials ManagementFulfillment ServicesTransportation ManagementInventory ManagementCompanies
Ryder System, Inc.Accenture PlcQuantum ServicesPurchase this report to view all 4 major companies in this industry.
Related Terms
LOGISTICSSUPPLY CHAINFULFILLMENTIndustry Code
NAICS 54161 - Supply Chain Management Services in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Advancements in software have attracted more downstream customers. Supply chain management companies have seen growth due to these innovations, but more user-friendly softwar...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
E-commerce growth has driven consumer product companies to seek fulfillment services from supply chain management firms. Increased online sales necessitate efficient logistic...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Proximity to downstream markets is crucial for supply chain management companies. The number of these companies in a region depends on population density and manufacturing ac...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Companies mainly compete based on price and quality. As downstream customers aim to cut operating costs and expand, return on investment becomes paramount.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Two companies have captured over 5.0% of the market. Ryder and Accenture dominate supply chain management in the US, each holding a notable share of the industry.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Ryder System, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Accenture Plc's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Quantum Services's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Ryder System, Inc., and factors influencing its performance in the industry
- Description and key data for Accenture Plc, and factors influencing its performance in the industry
- Description and key data for Quantum Services, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Supply chain management companies face few direct regulations. They must, however, understand and comply with rules affecting their clients' supply chains.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit has grown with rising demand. With high inflation exacerbating supply chain issues, downstream companies were forced to invest in efficiency improvements, leading to s...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Supply Chain Management Services in the US industry in United States in 2024?
The market size of the Supply Chain Management Services in the US industry in United States is $13.3bn in 2024.
How many businesses are there in the Supply Chain Management Services in the US industry in 2024?
There are 4,838 businesses in the Supply Chain Management Services in the US industry in United States, which has grown at a CAGR of 3.9 % between 2019 and 2024.
Has the Supply Chain Management Services in the US industry in United States grown or declined over the past 5 years?
The market size of the Supply Chain Management Services in the US industry in United States has been growing at a CAGR of 4.4 % between 2019 and 2024.
What is the forecast growth of the Supply Chain Management Services in the US industry in United States over the next 5 years?
Over the next five years, the Supply Chain Management Services in the US industry in United States is expected to grow.
What are the biggest companies in the Supply Chain Management Services in the US market in United States?
The biggest companies operating in the Supply Chain Management Services market in United States are Ryder System, Inc., Accenture Plc and Quantum Services
What does the Supply Chain Management Services in the US in United States include?
Materials Management and Fulfillment Services are part of the Supply Chain Management Services in the US industry.
Which companies have the highest market share in the Supply Chain Management Services in the US in United States?
The company holding the most market share in United States is Ryder System, Inc..
How competitive is the Supply Chain Management Services in the US industry in United States?
The level of competition is moderate and steady in the Supply Chain Management Services in the US industry in United States.
