India Third-party Logistics Market Size & Outlook
India third-party logistics market, 2018-2030 (US$M)
Related Markets
India third-party logistics market highlights
- The India third-party logistics market generated a revenue of USD 39,857.0 million in 2023 and is expected to reach USD 82,387.3 million by 2030.
- The India market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, itm was the largest revenue generating services in 2023.
- VALs is the most lucrative services segment registering the fastest growth during the forecast period.
Third-party logistics market data book summary
| Market revenue in 2023 | USD 39,857.0 million |
| Market revenue in 2030 | USD 82,387.3 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Itm |
| Fastest growing segment | VALs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DCC/Freight Forwarding, DTM, ITM, W&D, VALs |
| Key market players worldwide | Burris Logistics, C.H. Robinson Worldwide Inc, CEVA Logistics, DSV AS, DB Schenker, FedEx Corp, JB Hunt Transport Services Inc, Kuehne + Nagel International AG, Nippon Express Holdings Inc, United Parcel Service Inc Class B, Yusen Logistics |
Other key industry trends
- In terms of revenue, India accounted for 3.6% of the global third-party logistics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China third-party logistics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 82,387.3 million by 2030.
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Third-Party Logistics Market Scope
Third-Party Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India third-party logistics 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 third-party logistics market will help companies and investors design strategic landscapes.
Itm was the largest segment with a revenue share of 32.22% in 2023. Horizon Databook has segmented the India third-party logistics market based on dcc/freight forwarding, dtm, itm, w&d, vals covering the revenue growth of each sub-segment from 2018 to 2030.
- India Third-Party Logistics Services Outlook (Revenue, USD Million, 2018-2030)
- DCC/Freight Forwarding
- DTM
- ITM
- W&D
- VALs
- India Third-Party Logistics End-Use Outlook (Revenue, USD Million, 2018-2030)
- Manufacturing
- Retail
- Healthcare
- Automotive
- Others
- India Third-Party Logistics Transport Outlook (Revenue, USD Million, 2018-2030)
- Roadways
- Railways
- Waterways
- Airways
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Target buyers of India third-party logistics market databook
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Our clientele includes a mix of third-party logistics 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 country-level data and insights on the India third-party logistics market , including forecasts for subscribers. This country databook contains high-level insights into India third-party logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India third-party logistics market size, by services, 2018-2030 (US$M)
India Third-Party Logistics Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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