The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of South Korea Third-Party Logistics (3PL) Market Industry (2025-2030):

According to the latest report, the South Korea Third-Party Logistics (3PL) 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. The report demonstrates the prominent factors propelling the exponential growth of the South Korea Third-Party Logistics (3PL) Market.

Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2025-30): 9.8%

·         Market Value in 2024: USD 18.5 Billion

·        Market Value (2030): USD 32 Billion

What are the major Driver the South Korea Third-Party Logistics (3PL) industry?

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

The South Korea Third-Party Logistics (3PL) Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• 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

As per the regional aspect, the South Korea Third-Party Logistics (3PL) Market is expected to be dominated by South Korea by capturing the potential market share. 

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Top Companies in the South Korea Third-Party Logistics (3PL) Market  

Hyundai Glovis, SEBANG, Daewoo Logistics, Yusen Logistics, Sunjin Logistics, Kuehne + Nagel, CTSI Logistics, Lotte Global Logistics, Omni Logistics, DSV, and other

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