The Worldwide 4PL Logistics Industry is Expected to Reach $89.9 Billion by 2030
The "4PL Logistics Market Share, Size, Trends, Industry Analysis Report, By Type, By End-User; By Region; Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global 4PL logistics market size is expected to reach USD 89.95 billion by 2030 according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing demand for the inbound logistic services majorly by the manufacturing industry, coupled with the rising need for the easy logistics procedure from distributors and producers, are the chief impelling factors for the market growth. Additionally, various organizations are presenting enhanced customer service, flexibility, and overall operating cost, which, in turn, promotes organizations to opt for supply chain vendors.
Furthermore, the potential growth of the e-commerce sector is also boosting the need for these services for the delivery of small and large products that further creates lucrative opportunities for market growth around the world.
