Southeast Asia Third-Party Logistics (3PL) Market Size to Reach USD 26.6 billion in 2023

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Market Insights

As per recent research by MarkNtel Advisors, The Southeast Asia Third-Party Logistics (3PL) Market size is valued at USD 26.6 billion in 2023 & is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30.

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

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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Market Segmentation and Consumer Behavior:

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

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

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

By Country:

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

Key Players and Competitive Strategies in the Southeast Asia Third-Party Logistics (3PL) Market

Several prominent players dominate the Southeast Asia Third-Party Logistics (3PL) Market, including:

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

Report Delivery - MarkNtel Advisors offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

1.What factors are driving the Southeast Asia Third-Party Logistics (3PL) Market growth?

2.How is the Southeast Asia Third-Party Logistics (3PL) Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Southeast Asia Third-Party Logistics (3PL) Market?

4.What is the current size of the Southeast Asia Third-Party Logistics (3PL) Market, and how is it projected to change in the future?

5.What is the future outlook for the Southeast Asia Third-Party Logistics (3PL) Market in terms of technological advancements and market expansion?

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

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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