The market revenue of third-party logistics is expected to significantly increase in all countries of the Central and Eastern European region. From the selected states, the ranking is forecast to be led by Poland with 9.5 billion U.S. dollars. In contrast, the ranking is trailed by Croatia with 903.92 million U.S. dollars, recording a difference of 8.6 billion U.S. dollars to Poland.
Third-party logistics revenue in Central and Eastern Europe from 2019 to 2029
(in million U.S. dollars)
Data provided by Statista Market Insights are estimates.
Definition
The term “third-party logistics” (3PL) refers to the use of an external company to manage and carry out one or more logistics processes for a business. These operations can include transportation, warehousing, inventory management, and packaging. 3PL providers offer a range of services to help companies increase efficiency, reduce costs, and improve their supply chain operations. The Third-Party Logistics (3PL) market covers providers that specialize in the above-mentioned third-party logistics services.
The Third-Party Logistics (3PL) market has experienced significant growth in recent years due to increased eCommerce and globalization, which have led to a greater need for logistics and supply chain management services. Additionally, technological advancements, such as automation and big data use, are likely to drive growth in the 3PL market. Other expected growth drivers include the increasing number of small and medium-sized enterprises (SMEs) entering the market and the growing trend of outsourcing logistics and supply chain activities.
Additional Information
Key players in the Third-Party Logistics (3PL) market include large multinational logistics providers, regional 3PL firms, and specialized service providers, such as DHL Supply Chain & Global Forwarding, Kuehne + Nagel, and C.H. Robinson. These companies play a significant role in managing and optimizing supply chains across various industries, driving innovation, and contributing to the growth of the logistics sector.
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Statista. (October 22, 2024). Third-party logistics revenue in Central and Eastern Europe from 2019 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1499375/cee-third-party-logistics-revenue
Statista. "Third-party logistics revenue in Central and Eastern Europe from 2019 to 2029 (in million U.S. dollars)." Chart. October 22, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1499375/cee-third-party-logistics-revenue
Statista. (2024). Third-party logistics revenue in Central and Eastern Europe from 2019 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1499375/cee-third-party-logistics-revenue
Statista. "Third-party Logistics Revenue in Central and Eastern Europe from 2019 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/forecasts/1499375/cee-third-party-logistics-revenue
Statista, Third-party logistics revenue in Central and Eastern Europe from 2019 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1499375/cee-third-party-logistics-revenue (last visited November 05, 2024)
Third-party logistics revenue in Central and Eastern Europe from 2019 to 2029 (in million U.S. dollars) [Graph], Statista, October 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1499375/cee-third-party-logistics-revenue
