Business
July 16, 2023
3 min

Third-party Logistics Market Size 2023 Global Gross Margin ... - Digital Journal

The global third-party logistics (3PL) market is expected to reach USD 2,117,533.81 million by 2027, at a CAGR of 8.54% during the forecast period of 2023-2030, according to a report by Market Reports World. The report analyzes the market by type trends such as automotive, healthcare, retail, and consumer goods, and competitors such as FedEx, Panalpina, and GEODIS. The analysis suggests that 3PL has experienced substantial growth due to advancements in technology, growing consumer awareness, and the emergence of new applications. The report provides invaluable insights for industry players, investors, and business strategists.

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Written by
Adhikansh Gupta
Content Manager

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