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The third-party logistics market (3PL) size in India is forecast to increase by USD 16.77 billion at a CAGR of 9.45% between 2023 and 2028. The third-party logistics (3PL) market in India is experiencing significant growth, driven by several key factors. The introduction of tax reforms and initiatives for 3PL in India, such as the Goods and Services Tax (GST), have streamlined the logistics sector and increased the demand for outsourced logistics services. Moreover, the emergence of digitalization in third-party logistics has transformed the industry, enabling real-time tracking, improved supply chain visibility, and enhanced customer satisfaction. However, high operational costs remain a challenge for market participants, necessitating the adoption of advanced technologies and operational efficiencies to remain competitive. Overall, the 3PL market in India is poised for robust growth, fueled by these market trends and the increasing demand for efficient and cost-effective logistics solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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