June 16, 2023
3 min

Global Third Party Logistics (3PL) Strategic Business Report 2023 ... - Business Wire

The global third-party logistics (3PL) market is projected to reach $1.9 trillion by 2030, growing at a compound annual growth rate (CAGR) of 8.4% between 2022 and 2030, according to a report by The recovery from the COVID-19 pandemic is a key factor driving growth, with the market estimated to be worth $974.6bn by 2022. The US market is estimated to be worth $237.6bn in 2022, while China is forecast to grow at a CAGR of 10.3% and reach $488.4bn by 2030.

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Adhikansh Gupta
Content Manager

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