MarkNtel Advisors – Leading Market Research Company found Southeast Asia Third-Party Logistics (3PL) Market is expected to reach 6.1% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Southeast Asia Third-Party Logistics (3PL) Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Southeast Asia Third-Party Logistics (3PL) Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
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Scope of the Southeast Asia Third-Party Logistics (3PL) Market Report:
The Southeast Asia Third-Party Logistics (3PL) Market size was valued at around USD 26.6 billion in 2023 and is estimated to grow at a CAGR of about 6.1% during the forecast period, i.e., 2024-30. The market in Southeast Asia is experiencing robust growth driven by the expansion of various industries, including manufacturing, automotive, and e-commerce. These sectors rely on an array of logistics services such as transportation, warehousing, packaging, inventory management, and freight forwarding to ensure the efficient and timely delivery of their products. Consequently, the demand for third-party logistics providers is gaining significant traction across diverse industries as companies seek to achieve their operational objectives.
Which prominent factor is expected to drive the Southeast Asia Third-Party Logistics (3PL) Market during 2024-30?
Growing E-commerce Service to Drive the Market Growth – The booming e-commerce sector in Southeast Asia is a significant driving force behind the increased demand for efficient logistics solutions, particularly from third-party logistics (3PL) providers. This is primarily due to increased internet penetration, rising consumer confidence in online shopping, and a broader range of products available through e-commerce platforms.
As the region experiences a surge in online retail, with a growing number of consumers preferring the convenience of e-commerce, the need for streamlined & reliable logistics operations has been increasing. In this, 3PL providers offer a comprehensive range of services, including warehousing, inventory management, order fulfilment, and last-mile delivery. These services are essential for e-commerce businesses to meet customer expectations for fast & reliable shipping while managing their operational costs effectively.
As a result, the demand for 3PL providers is poised to remain robust, with logistics companies increasingly focusing on offering tailored solutions to meet the specific needs of the e-commerce industry. This demand for third-party logistics services is expected to play a pivotal role in shaping the future of the logistics & supply chain industry in the Southeast Asia region.
What are the different Segment Available in the Southeast Asia Third-Party Logistics (3PL) Market?
By Solution
- Transportation Management- Market Size & Forecast 2019-2030F, USD Million
- Domestic- Market Size & Forecast 2019-2030F, USD Million
- International- Market Size & Forecast 2019-2030F, USD Million
- Warehousing & Distribution- Market Size & Forecast 2019-2030F, USD Million
- Dedicated Contract Carriage (DCC)- Market Size & Forecast 2019-2030F, USD Million
- Logistics software- Market Size & Forecast 2019-2030F, USD Million
- Others (Financial, Information, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Transportation Mode
- Rail- Market Size & Forecast 2019-2030F, USD Million
- Road- Market Size & Forecast 2019-2030F, USD Million
- Air- Market Size & Forecast 2019-2030F, USD Million
- Sea- Market Size & Forecast 2019-2030F, USD Million
By End User
- Manufacturing- Market Size & Forecast 2019-2030F, USD Million
- Healthcare & Pharmaceuticals- Market Size & Forecast 2019-2030F, USD Million
- Retail & E-commerce- Market Size & Forecast 2019-2030F, USD Million
- Automotive- Market Size & Forecast 2019-2030F, USD Million
- Consumer Goods- Market Size & Forecast 2019-2030F, USD Million
- Food & Beverage- Market Size & Forecast 2019-2030F, USD Million
- Others- Market Size & Forecast 2019-2030F, USD Million
By Country
- Indonesia
- Thailand
- The Philippines
- Vietnam
- Malaysia
- Singapore
- Rest of Southeast Asia.
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Leading Southeast Asia Third-Party Logistics (3PL) companies operating in the Market
- Deutsche Post (DHL)
- Nippon Express
- H. Robinson
- Kuehne + Nagel International
- FedEx
- DB Schenker
- DSV
- Geodis
- United Parcel Service of America (UPS)
- Sinotrans
- Others.
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