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
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- 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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