Asia Pacific Automotive 3pl Market Size & Outlook, 2023-2030
Asia Pacific automotive 3pl market highlights
- The Asia Pacific automotive 3pl market generated a revenue of USD 97.0 million in 2023.
- The market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, finished vehicles was the largest revenue generating type in 2023.
- Finished Vehicles is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 97.0 million |
| Market revenue in 2030 | USD 191.2 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Finished vehicles |
| Fastest growing segment | Finished Vehicles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Finished Vehicles |
| Key market players worldwide | CEVA Inc, DB Schenker, DHL Group, DSV AS, RXO Inc, Hellmann Worldwide, Hub Group, Kerry Logistics Network Ltd, Nippon Express Holdings Inc, XPO Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.2% of the global automotive 3pl market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 191.2 million by 2030.
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Automotive 3Pl Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hub Group | View profile | 1001-5000 | Oak Brook, Illinois, United States, North America | http://www.hubgroup.com/ |
| Hellmann Worldwide | View profile | 10001+ | Osnabrück, Niedersachsen, Germany, Europe | https://www.hellmann.com/en |
| RXO Inc | View profile | 8432 | 11215 North Community House Road, Charlotte, NC, United States, 28277 | https://www.rxo.com |
| Nippon Express Holdings Inc | View profile | 85442 | 2 Kanda Izumicho, Chiyoda-ku, Tokyo, Japan, 101-0024 | - |
| DSV AS | View profile | 73879 | Hovedgaden 630, Hedehusene, Denmark, 2640 | https://www.dsv.com |
| DB Schenker | View profile | 10001+ | Essen, Nordrhein-Westfalen, Germany, Europe | https://www.dbschenker.com/global |
| XPO Inc | View profile | 39000 | Five American Lane, Greenwich, CT, United States, 06831 | https://www.xpo.com |
| Kerry Logistics Network Ltd | View profile | 33100 | 55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, Hong Kong, | https://www.kln.com |
| DHL Group | View profile | 594396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | http://www.dpdhl.com |
| CEVA Inc | View profile | 424 | 15245 Shady Grove Road, Suite 400, Rockville, MD, United States, 20850 | https://www.ceva-dsp.com |
Asia Pacific automotive 3pl market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive 3pl market will help companies and investors design strategic landscapes.
Finished vehicles was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific automotive 3pl market based on finished vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The rapid expansion of the automotive industry in emerging economies is driving the demand for the market in Asia Pacific. Countries like China and India are witnessing surge in vehicle production, leading to increased demand for logistics services to manage the supply chain.
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Target buyers of Asia Pacific automotive 3pl market databook
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Our clientele includes a mix of automotive 3pl market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive 3pl market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive 3pl market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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