India: revenue of third-party logistics industry 2028

The indicator 'Third-party Logistics Revenue' in the third party logistics (3pl) market in India was forecast to continuously increase between 2024 and 2028 by in total 4.5 billion U.S. dollars (+12.55 percent). According to this forecast in 2028, the indicator will have increased for the sixth consecutive year to 40.35 billion U.S. dollars.

The Statista Market Insights cover a broad range of additional markets.

Revenue of third-party logistics industry (3PL) in India from 2017 to 2024, with forecasts until 2028 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

November 2023

More information

Region

India

Survey time period

2017 to 2028

Supplementary notes

Data provided by Statista Market Insights are estimates.

The term “third-party logistics” (3PL) refers to the use of an external company to manage and carry out one or more logistics processes for a business. These operations can include transportation, warehousing, inventory management, and packaging. 3PL providers offer a range of services to help companies increase efficiency, reduce costs, and improve their supply chain operations.

The Third-Party Logistics (3PL) market covers providers that provide or specialize in the above-mentioned third-party logistics services.

The Third-Party Logistics (3PL) market has experienced significant growth in recent years due to increased eCommerce and globalization, which have led to a greater need for logistics and supply chain management services. Additionally, technological advancements, such as automation and big data use, are likely to drive growth in the 3PL market. Other expected growth drivers include the increasing number of small and medium-sized enterprises (SMEs) entering the market and the growing trend of outsourcing logistics and supply chain activities.

Citation formats