Business
October 24, 2023
3 min

The Ever-growing D2C Boost For Third-party Logistics Players - Entrepreneur

A recent report by Redseer Strategy Consultants projects that the Indian D2C market will reach a GMV of US$30-35 billion and 3 billion shipments by 2027. The report emphasizes the role of third-party logistics providers (3PLs) in supporting the growth of D2C brands. It also highlights the potential for D2C market growth, with a compound annual growth rate (CAGR) of around 40%. The report predicts that the number of D2C shipments will increase from 0.5 billion in 2022 to 3 billion by 2027. Reliable logistics partners with a wider reach are crucial for brands' success in the D2C segment. Some prominent 3PL providers in India include Delhivery, Shiprocket Fulfillment, Bluedart, and Xpressbees. The boom in e-commerce has driven the demand for logistics services, making the e-commerce logistics segment one of the fastest-growing in the Indian logistics industry.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry