MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled South Korea Third-Party Logistics (3PL) Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the South Korea Third-Party Logistics (3PL), covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22
• Base Year: 2023
• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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

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. The market in South Korea is experiencing robust growth driven by economic recovery, a rise in industrial production, an increase in consumer, and overall expansion in various industries such as manufacturing, healthcare & pharmaceuticals, retail & e-commerce, automotive, consumer goods, food & beverages, etc. Such developments in the economy and across industries will boost the growth of 3PL services in the country. The services offered by 3PL in South Korea include transportation management, warehousing & distribution, dedicated contract carriage, logistics software, and others, these services are necessary for these industries due to their objective of achieving operational efficiency.

South Korea Third-Party Logistics (3PL) Market Drivers:

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.

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South Korea Third-Party Logistics (3PL) Market Trends:

Increasing Adoption of Eco-Friendly Packaging – The upward thrust in global warming because of carbon emissions and phenomena like weather change has pulled the world's focus towards adopting environment-friendly products and services. Industries are making innovations in their product and services to align with this trend. Additionally, countries like South Korea have set a target to lessen 40% of their emissions from the 2018 levels by 2030 and turn out to be net zero through 2050, pushing the industries in the country to conform to such changes and reduce their emission levels as well. The third-party logistics sector is changing to eco-friendly packaging materials and zero-waste policy to align with the trend, leading them to take steps in growing a form of circular economy where companies will recycle or reuse their packaging materials which can be bio-degradable. For this companies are patterning with other companies with such capabilities.

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

The study categorizes the South Korea Third-Party Logistics (3PL) into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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.

Talk to Our Industry Analyst:  - https://www.marknteladvisors.com/query/talk-to-our-consultant/south-korea-third-party-logistics-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in South Korea Third-Party Logistics (3PL) Market Worldwide: Players, Analysis & Future Outlook

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

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/south-korea-third-party-logistics-market.html   

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the South Korea Third-Party Logistics (3PL)?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the South Korea Third-Party Logistics (3PL)?
   4. Who are the prominent players in the South Korea Third-Party Logistics (3PL)?
   5. How is the competition structured in this market?
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About Us

MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.

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