3PL Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

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The third-party logistics (3PL) category is expected to grow at a CAGR of 10.7% from 2023 to 2030. With increased growth in the e-commerce sector, there is an increasing demand for better traceability and end-to-end visibility across the supply chain processes. More and more companies are focusing on reducing the distance of last-mile deliveries by placing fulfillment hubs at more convenient locations. 3PL companies are utilizing advanced technology to expedite deliveries and improve operational efficiencies by reducing handling points. All such factors are fueling the growth. The different segments considered for this report include - value-added logistics services, warehousing and distribution, international transportation, domestic transportation management, and dedicated contract carriage/ freight forwarding.

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