Third-party logistics revenue in CEE 2019-2029

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.