MarkNtel Advisors – Leading Market Research Company found South Korea Third-Party Logistics (3PL) Market is expected to reach 9.8% CAGR Growth By 2030.

This report provides a comprehensive analysis of the South Korea Third-Party Logistics (3PL) Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the South Korea Third-Party Logistics (3PL) Market

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  – https://www.marknteladvisors.com/query/request-sample/south-korea-third-party-logistics-market.html

Scope of the South Korea Third-Party Logistics (3PL) Market Report:

The South Korea Third-Party Logistics Market size is valued at around USD 18.5 billion in 2024 & is estimated to reach around USD 32 billion by 2030. The market is also expected to grow at a CAGR of around 9.8% during the forecast period, i.e., 2024-30. The market in South Korea is experiencing robust growth driven by economic recovery, a rise in industrial production, an increase in consumer, and overall expansion in various industries such as manufacturing, healthcare & pharmaceuticals, retail & e-commerce, automotive, consumer goods, food & beverages, etc. Such developments in the economy and across industries will boost the growth of 3PL services in the country. The services offered by 3PL in South Korea include transportation management, warehousing & distribution, dedicated contract carriage, logistics software, and others, these services are necessary for these industries due to their objective of achieving operational efficiency.

Which prominent factor is expected to drive the South Korea Third-Party Logistics (3PL) Market during 2024-30?

Rise in the E-Commerce Industry – South Korea is certainly one of the biggest e-commerce markets globally pushing third-party logistics boom in the country because of the need for dependable logistics and fulfillment partners. The expansion in the e-commerce sector is primarily due to the excessive penetration of smartphones, high-speed internet, and the presence of dependable online payment programs in the country.

The growth in e-commerce in the country and the want to fulfill the developing demands of the e-commerce systems provide the 3PL players with an extraordinary possibility to provide their services which include inventory and transportation management, warehousing & distribution, dedicated agreement carriage, logistics software, and others. The unfolding of such situations offers the 3PL Market to stay properly poised to fulfill the increasing need in this evolving situation offering massive growth during the forecast period.

What are the different Segment Available in the South Korea Third-Party Logistics (3PL) Market?

By Type

• Contractual 3PL- Market Size & Forecast 2019-2030F, USD Million
• Non-contractual 3PL- Market Size & Forecast 2019-2030F, USD Million

By Solution

• Transportation Management- 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- 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 Industries

• 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.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/south-korea-third-party-logistics-market.html

Leading South Korea Third-Party Logistics (3PL) companies operating in the Market

• 1. Hyundai Glovis
• 2. SEBANG
• 3. Daewoo Logistics
• 4. Yusen Logistics
• 5. Sunjin Logistics
• 6. Kuehne + Nagel
• 7. CTSI Logistics
• 8. Lotte Global Logistics
• 9. Omni Logistics
• 10. DSV
• 11. Others.

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