Executive Summery

This report presents a detailed overview of the South Korea Third-Party Logistics (3PL) Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving South Korea Third-Party Logistics (3PL) industry landscape.

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South Korea Third-Party Logistics (3PL) Market Statistics and Key Highlights

The South Korea Third-Party Logistics Market size is valued at around USD 18.5 billion in 2024 & is estimated to reach around USD 32 billion by 2030. The market is also expected to grow at a CAGR of around 9.8% during the forecast period, i.e., 2024-30.

  • South Korea Third-Party Logistics (3PL) market shows steady growth
  • Market size expanding due to rising industry demand
  • Competitive landscape driven by tech and innovation
  • Detailed segment-wise and geography wise share analysis
  • Forecast reveals strong trends shaping future outlook

Key Player- Emerging South Korea Third-Party Logistics (3PL) Companies

  • Hyundai Glovis
  • SEBANG
  • Daewoo Logistics
  • Yusen Logistics
  • Sunjin Logistics
  • Kuehne + Nagel
  • CTSI Logistics
  • Lotte Global Logistics
  • Omni Logistics
  • DSV

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Key Driver:

Rise in the E-Commerce Industry – South Korea is certainly one of the biggest e-commerce markets globally pushing third-party logistics boom in the country because of the need for dependable logistics and fulfillment partners. The expansion in the e-commerce sector is primarily due to the excessive penetration of smartphones, high-speed internet, and the presence of dependable online payment programs in the country.

The growth in e-commerce in the country and the want to fulfill the developing demands of the e-commerce systems provide the 3PL players with an extraordinary possibility to provide their services which include inventory and transportation management, warehousing & distribution, dedicated agreement carriage, logistics software, and others. The unfolding of such situations offers the 3PL Market to stay properly poised to fulfill the increasing need in this evolving situation offering massive growth during the forecast period.

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South Korea Third-Party Logistics (3PL) Market Segmentation

By Type

  • Contractual 3PL- Market Size & Forecast 2019-2030F, USD Million
  • Non-contractual 3PL- Market Size & Forecast 2019-2030F, USD Million

By Solution

  • Transportation Management- Market Size & Forecast 2019-2030F, USD Million
  • Warehousing & Distribution- Market Size & Forecast 2019-2030F, USD Million
  • Dedicated Contract Carriage (DCC)- Market Size & Forecast 2019-2030F, USD Million
  • Logistics Software- Market Size & Forecast 2019-2030F, USD Million
  • Others- Market Size & Forecast 2019-2030F, USD Million

By Transportation Mode

  • Rail- Market Size & Forecast 2019-2030F, USD Million
  • Road- Market Size & Forecast 2019-2030F, USD Million
  • Air- Market Size & Forecast 2019-2030F, USD Million
  • Sea- Market Size & Forecast 2019-2030F, USD Million

By End User Industries

  • Manufacturing- Market Size & Forecast 2019-2030F, USD Million
  • Healthcare & Pharmaceuticals- Market Size & Forecast 2019-2030F, USD Million
  • Retail & E-commerce- Market Size & Forecast 2019-2030F, USD Million
  • Automotive- Market Size & Forecast 2019-2030F, USD Million
  • Consumer Goods- Market Size & Forecast 2019-2030F, USD Million
  • Food & Beverage- Market Size & Forecast 2019-2030F, USD Million
  • Others- Market Size & Forecast 2019-2030F, USD Million

Reasons to Buy This Report

  1. Gain comprehensive insights into current market trends and dynamics.
  2. Equip your business with data-driven strategies for informed decisions.
  3. Identify lucrative market opportunities and strategic growth areas.
  4. Analyze competitors to enhance your positioning in the market landscape.
  5. Understand geographical trends across diverse markets for better expansion strategies.

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