The Global Fourth Party Logistics Market is forecasted to grow by USD 17.94 bn during 2022-2027, accelerating at a CAGR of 5.56% during the forecast period - Yahoo Finance

The global fourth party logistics market is projected to grow by USD 17.94 billion between 2022 and 2027, with a CAGR of 5.56% during the forecast period. The market is driven by the advantages of 4PL, increasing inorganic activities, and rapid growth in the e-commerce industry. The market is segmented by end-user (manufacturing, retail, consumer goods, healthcare, and food and beverages), type (solution integrator mode, synergy plus operating mode, and industry innovator mode), and geographical landscape. The increasing adoption of blockchain in logistics and focus on digitalization and retail sales will fuel market growth. Leading vendors include 4PL Group, Allyn International Services Inc., AP Moller Maersk AS, C H Robinson Worldwide Inc., and CMA CGM SA Group.

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