Third-party Logistics Market to Reach USD 1.48 Trillion by 2030 Driven by E-commerce and Retail Supply Chain Demands
Introduction The Third-party Logistics Market is experiencing steady growth, with its value estimated at USD 1.55 trillion in 2025 and projected to reach USD 1.48 trillion by 2029, at a CAGR of 5.18% during the forecast period. Companies across retail, manufacturing, automotive, healthcare, and other sectors continue to rely on third-party logistics providers to handle their warehousing, transportation, freight forwarding , and distribution needs efficiently. This reliance is increasing due to rising cross-border e-commerce, omnichannel retailing, and the need for cost optimization in logistics operation s. The Third-party Logistics Market S i ze has expanded significantly over the past decade as organizations outsource non-core activities to improve operational efficiency and focus on their primary business strategies. Logistics providers offer customized and integrated services including warehousing, order fulfilment, transportation management, and value-add...