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According to Technavio, the third-party logistics market in india size is expected to value at $ 10.74 bn during 2021-2025. The market sizing analysis in the report reveals that the market growth will progressing at a CAGR of almost 8%. The report offers exclusive detailed COVID-19 impact study, which majorly highlights vendor performance and new business opportunities during and post pandemic period.
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Third-party Logistics Market in India Trends & Drivers
The third-party logistics market in india research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as introduction of tax reforms and initiatives for 3pl in india, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.
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The third-party logistics market in india has also explored key trends such as increase in investments for 3pl startups in india, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.
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This market research report segments the third-party logistics market in india by End-user (Manufacturing, Consumer goods, Food and beverages, Automotive, and Others) and Service (Transportation services, Warehousing and distribution services, and VAS).
The India region led the third-party logistics market in india in 2021, followed by respectively. During the forecast period, the India region is expected to register the highest incremental growth due to factors such as .
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A few of the key topics covered in the report include:
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