Southeast Asia Third-Party Logistics (3PL) Market Projected to Expand Rapidly with 6.1% CAGR by 2030

MarkNtel Advisors recently published a detailed industry analysis of the Southeast Asia Third-Party Logistics (3PL) Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Southeast Asia Third-Party Logistics (3PL) Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

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.

Key Findings in Southeast Asia Third-Party Logistics (3PL) Market:

• Historical Analysis: 2019–2022
• Base Year: 2023
• Forecast Period: 2024–2030

Leading Market Players- Deutsche Post (DHL), Nippon Express, C.H. Robinson, Kuehne + Nagel International, FedEx, DB Schenker, DSV, Geodis, United Parcel Service of America (UPS), Others

Key Highlights of the Report

• Market Dimensions And Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Southeast Asia Third-Party Logistics (3PL) industry?

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.

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What segments define the Southeast Asia Third-Party Logistics (3PL) Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

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

According to report, Transportation management services stand out by accounting for the maximum share of the Southeast Asia Third-Party Logistics (3PL) Market.

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

According to report, Road transportation holds the maximum demand in the Third-Party Logistics (3PL) Market.

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

Explore the Complete Southeast Asia Third-Party Logistics (3PL) Market Analysis Report – https://www.marknteladvisors.com/research-library/southeast-asia-third-party-logistics-market.html

Geographical Analysis: Southeast Asia Third-Party Logistics (3PL) Market

 By Country  

• Indonesia
• Thailand
• The Philippines
• Vietnam
• Malaysia
• Singapore
• Rest of Southeast Asia

Southeast Asia Third-Party Logistics (3PL) Market Industry Recent Development:

• 2023: Deutsche Post plans to invest USD 372 million in Southeast Asia over the next five years to expand its warehousing capacity, workforce & sustainability initiatives.

• 2023: FedEx has introduced a new service in Vietnam, which streamlines transit to Singapore and reduces it by a day. This development is set to expand export opportunities & cater to the diverse demands of various industries.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Middle East And Africa District Cooling Market?
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• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.

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