Fourth Party Logistics Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Fourth Party Logistics Market is segmented By Type (Solution Integrator Model, Synergy Plus Operating Model, Industry Innovator Model), By End User (M....
Fourth Party Logistics Market Size
Market Size in USD
CAGR7.81%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 7.81% |
| Market Concentration | High |
| Major Players | XPO Logistics, DHL Supply Chain, C.H. Robinson, GEODIS, DB Schenker |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Fourth Party Logistics Market Analysis
The fourth party logistics market is estimated to be valued at USD 67.6 Bn in 2024 and is expected to reach USD 114.4 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.81% from 2024 to 2031. Companies in the fourth party logistics market are increasingly outsourcing their logistics operations to specialized fourth party logistics providers to better focus on their core business and improve supply chain efficiencies.