Southeast Asia Third-Party Logistics (3PL) Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Southeast Asia Third-Party Logistics (3PL) Market Industry (2024-2030):

According to the latest report, the SoutheastAsia 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 report demonstrates the prominent factors propelling the exponential growth of the Southeast Asia Third-Party Logistics (3PL) Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2025-30): 6.1%

·        Market Value In (2023): USD 26.6Billion

What are the major Driver the Southeast Asia Third-Party Logistics (3PL) Market 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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Southeast Asia Third-Party Logistics (3PL) Market Segmentation

The Southeast Asia Third-Party Logistics (3PL) Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • 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 

As per the regional aspect, the Southeast Asia Third-Party Logistics (3PL) Market is expected to be dominated by Indonesia by capturing the potential market share. 

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https://www.marknteladvisors.com/research-library/southeast-asia-third-party-logistics-market.html

Top Companies in the Southeast Asia Third-Party Logistics (3PL) Market

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

Southeast Asia Third-Party Logistics (3PL) 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.
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