Singapore 3PL Market Analysis | Industry Size & Growth Forecast

Singapore Third Party Logistics (3PL) Market

Source: The Report Cube

Study Period

2020- 2032

Market (2025)

USD 5.59 Billion

Market (2032)

USD 7.1 Billion

CAGR

3.47%

Major Markets Players

Deutsche Post (DHL), Nippon Express, C.H. Robinson, Kuehne + Nagel International, FedEx and Others

Understand The Key Trends Shaping This Market

Download Free Sample

Singapore Third Party Logistics (3PL) Market Insights & Analysis

The Singapore Third Party Logistics (3PL) Market reached a value of nearly USD 5.59 billion in 2025. The market is assessed to grow at a CAGR of around 3.47%, during the forecast period of 2025-2032 to attain a value of around USD 7.1 billion in 2032. Singapore's manufacturers & exports greatly rely on foreign content, making it a key competitor across regional & global supply chains due to the expansion of highly varied cross-border production. Owing to its status as a regional center, producers favor Singapore since it provides them access to the country's top shippers & third-party logistics providers (3PLs). To coordinate their regional & international supply chains, manufacturing companies locate their supply chain control towers & distribution centers in Singapore.

Moreover, one of the key drivers of the Singapore Third Party Logistics (3PL) Market growth is e-commerce. When entering the Southeast Asian market, e-commerce enterprises have chosen to set up shop in this country. Also, e-commerce's recent uptake has contributed to the 3PL industry's expansion. Being among the top ten airports worldwide for international air cargo traffic, Changi Airport has constantly sustained its status as one of the region's key air cargo hubs. Further, with its sizable facilities, the Airport Logistics Park of Singapore (ALPS) is home to top international third-party logistics (3PL) companies that drive Singapore Third Party Logistics (3PL) Industry growth.

Furthermore, Singapore's contemporary infrastructure, business-friendly atmosphere, and strategic location as a primary trading hub are making the country a flourishing logistics market. Also, its position as a regional commercial hub is being strengthened by the nation's third-party logistics (3PL) suppliers. Further, an increasingly youthful population & a tech-savvy populace, with over 95% of individuals utilizing the Internet, are stimulating the expansion of the e-commerce industry. Also, e-commerce businesses are outsourcing their logistical operations to third-party logistics (3PL) providers, which is further infusing the expansion of the Singapore 3PL Market.

Besides, with more Singaporean customers resorting to online channels for their purchasing requirements, the online retail share is foreseen to elevate to nearly 25.6% by 2032. Also, companies are being driven to implement a robust e-commerce strategy owing to the tremendous shift in consumer behavior, which is also instigating the growth of the Third-Party Logistics (3PL) Market in Singapore during the future period.

Recent Upgrades & Developments in the Singapore Third Party Logistics (3PL) Market

2024: DB Schenker, the logistics division of Deutsche Bahn, was settled to be attained by DSV for nearly USD 15.85 billion. DSV is now a top global logistics provider due to this purchase, outdoing competitors in terms of volume & income. Once regulatory permissions are obtained, the purchase is projected to be settled by the second quarter of 2025.
2024: In a significant USD 15.85 billion transaction, DSV acquired DB Schenker, indicating a key consolidation in the global logistics sector.

Singapore Third Party Logistics (3PL) Market Report and Forecast 2032

Singapore Third Party Logistics (3PL) Market Dynamics

Factors Influencing the Singapore Third-Party Logistics (3PL) Market

A flourishing e-commerce sector to upsurge the Singapore market's requirement for 3PL services. With the uptake of online shopping, enterprises are seeking efficient solutions for order fulfillment, warehousing, and last-mile delivery. 3PL businesses are utilizing modern supply chain management, AI-driven logistics, and automation to gratify increasing consumer demands.
The rising infrastructure & government assistance to encourage the expansion of the Singaporean Third-Party Logistics (3PL) Market. Primary aspects driving the Singapore Third-Party Logistics (3PL) Market comprise the government's robust backing & continuous infrastructural advancement. Operational efficacy & the connectedness of global trade are being enhanced by substantial investments in digital supply chains, automation, and smart logistics.

Challenges Faced by the Singapore Third-Party Logistics (3PL) Industry

Higher operational costs are witnessed to impact the revenue growth of the Singapore Third-Party Logistics (3PL) Market. Logistics establishments' profit margins are being hampered by increasing labor, fuel, warehouse, and regulatory compliance costs. Also, revenue generation is further obstructed by the requirement for 3PL providers to offer competitive costing due to snowballing competition.
Congestion & land constraints pose challenges for the Singapore 3PL Industry. Owing to the nation's strong urbanization & lack of available land, real estate prices are fueled by the requirement for more space for distribution & warehousing facilities. Moreover, heavy traffic slows down last-mile delivery & transportation, specifically in the vicinity of vital ports & commercial centers.

Singapore Third Party Logistics (3PL) Market Segment-wise Analysis

By Service:

Domestic Transportation Management
International Transportation Management
Warehousing & Distribution
Value-Added Services & Others

The International Transportation Management segment dominates the Singapore Third-Party Logistics (3PL) Market by capturing the largest market share.

In line with its valuable geographic location as a key hub for international trade & commerce, Singapore has gained prominence. World-class ports & airports are part of the country's well-developed infrastructure, which makes it convenient to relocate goods proficiently & elevates its importance in global logistics. Additionally, Singapore's considerable cross-border sales volume, which makes up over half of its e-commerce industry, drives the requirements for universal transportation services.

Moreover, with the upscale of e-commerce, the Warehousing & Distribution segment is also gaining momentum. Companies across the country are progressively in need of storage & fulfillment services, which is why varied e-commerce contentment centers have been established.

By End-user:

Consumer & Retail (E-commerce, Apparel, Garment Sectors, Perishables, etc.)
Healthcare & Pharmaceuticals
Oil & Gas, Petrochemicals & Chemicals
Others

In the Singapore Third-Party Logistics (3PL) Market, the Consumer & Retail sector, which is specifically compelled by e-commerce, is foreseen to uphold the potential market share in the forecast years.

The nation's e-commerce sector, with types, such as electronics, media, fashion, and home furnishings encompasses more than two-thirds of the industry. This substantial online retail activity has led to an amplified demand for proficient logistics solutions, like warehousing, fulfillment centers, and last-mile delivery services. Subsequently, 3PL suppliers are progressively aiming at the consumer & retail sector to cater to the logistics requirements of e-commerce companies in Singapore.

What Does Our Singapore Third Party Logistics (3PL) Market Research Study Entail?

Singapore Third Party Logistics (3PL) Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
Singapore Third Party Logistics (3PL) Market Research Report entails details about the most critical shifts in market share in the prominent regions.
Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.

Introduction
1. Objective of the study
2. Product Definition
3. Market Segmentation
4. Study Variables
Research Methodology
1. Secondary Data Points
  1. Companies Interviewed
2. Primary Data Points
  1. Break Down of Primary Interviews
Executive Summary
Market Dynamics
1. Drivers
2. Challenges
3. Opportunity Assessment
Recent Trends and Developments
Policy and Regulatory Landscape
Singapore Third Party Logistics (3PL) Market Overview (2020-2032)
1. Market Size, By Value (in USD Billions)
2. Market Share, By Service
  1. Domestic Transportation Management
  2. International Transportation Management
  3. Warehousing & Distribution
  4. Value-Added Services & Others
3. Market Share, By End-user
  1. Consumer & Retail (E-commerce, Apparel, Garment Sectors, Perishables, etc.)
  2. Healthcare & Pharmaceuticals
  3. Oil & Gas, Petrochemicals & Chemicals
  4. Others
4. Market Share, By Solution
  1. Transportation Management
  2. Warehousing & Distribution
  3. Dedicated Contract Carriage (DCC)
  4. Logistics software
  5. Others (Financial, Information, etc.)
5. Market Share, By Competitors
  1. Competition Characteristics
  2. Revenue Shares
Singapore Domestic Transportation Management Third Party Logistics (3PL) Market Overview, 2020-2032F
1. By Value (USD Million)
2. By End-user- Market Size & Forecast 2019-2030, USD Million
Singapore International Transportation Management Third Party Logistics (3PL) Market Overview, 2020-2032F
1. By Value (USD Million)
2. By End-user- Market Size & Forecast 2019-2030, USD Million
Singapore Warehousing & Distribution Third Party Logistics (3PL) Market Overview, 2020-2032F
1. By Value (USD Million)
2. By End-user- Market Size & Forecast 2019-2030, USD Million
Singapore Value-Added Services & Others Third Party Logistics (3PL) Market Overview, 2020-2032F
1. By Value (USD Million)
2. By End-user- Market Size & Forecast 2019-2030, USD Million
Competitive Outlook (Company Profile - Partila List)
1. Deutsche Post (DHL)
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
2. Nippon Express
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
3. C.H. Robinson
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
4. Kuehne + Nagel International
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
5. FedEx
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
6. DB Schenker
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
7. DSV
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
8. Geodis
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
9. United Parcel Service of America (UPS)
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
10. Others
  1. Company Overview
  2. Business Segments
  3. Strategic Alliances/Partnerships
  4. Recent Developments
Contact Us & Disclaimer

List of Figure

Figure 1: Study Objective Framework
Figure 2: Product Definition and Classification
Figure 3: Market Segmentation Overview
Figure 4: Key Study Variables
Figure 5: Research Methodology Flowchart
Figure 6: Sources of Secondary Data
Figure 7: Companies Interviewed for the Study
Figure 8: Primary Data Collection Points
Figure 9: Breakdown of Primary Interviews by Respondent Type
Figure 10: Executive Summary Snapshot
Figure 11: Market Dynamics Overview
Figure 12: Market Drivers Impact Analysis
Figure 13: Challenges Affecting the Market
Figure 14: Opportunity Assessment Matrix
Figure 15: Recent Trends and Developments Timeline
Figure 16: Policy and Regulatory Landscape Overview

Figure 17: Singapore 3PL Market Size (2020-2032) – USD Billions
Figure 18: Market Share by Service Segment
Figure 19: Domestic Transportation Management Market Share
Figure 20: International Transportation Management Market Share
Figure 21: Warehousing & Distribution Market Share
Figure 22: Value-Added Services & Others Market Share

Figure 23: Market Share by End-user Segment
Figure 24: Consumer & Retail Market Segment Breakdown
Figure 25: Healthcare & Pharmaceuticals Market Segment Breakdown
Figure 26: Oil & Gas, Petrochemicals & Chemicals Market Segment Breakdown
Figure 27: Other End-user Segments Market Share

Figure 28: Market Share by Solution Type
Figure 29: Transportation Management Solution Share
Figure 30: Warehousing & Distribution Solution Share
Figure 31: Dedicated Contract Carriage (DCC) Solution Share
Figure 32: Logistics Software Solution Share
Figure 33: Other Solutions Market Share

Figure 34: Market Share by Competitors Overview
Figure 35: Competition Characteristics Summary
Figure 36: Revenue Shares of Key Competitors

Figure 37: Singapore Domestic Transportation Management 3PL Market Size (2020-2032)
Figure 38: Domestic Transportation Management Market by End-user (2019-2030)

Figure 39: Singapore International Transportation Management 3PL Market Size (2020-2032)
Figure 40: International Transportation Management Market by End-user (2019-2030)

Figure 41: Singapore Warehousing & Distribution 3PL Market Size (2020-2032)
Figure 42: Warehousing & Distribution Market by End-user (2019-2030)

Figure 43: Singapore Value-Added Services & Others 3PL Market Size (2020-2032)
Figure 44: Value-Added Services Market by End-user (2019-2030)

Figure 45: Competitive Outlook – Deutsche Post (DHL) Business Segments
Figure 46: Deutsche Post Strategic Alliances & Partnerships
Figure 47: Nippon Express Business Segments
Figure 48: Nippon Express Strategic Alliances & Partnerships
Figure 49: C.H. Robinson Business Segments
Figure 50: C.H. Robinson Strategic Alliances & Partnerships
Figure 51: Kuehne + Nagel International Business Segments
Figure 52: Kuehne + Nagel Strategic Alliances & Partnerships
Figure 53: FedEx Business Segments
Figure 54: FedEx Strategic Alliances & Partnerships
Figure 55: DB Schenker Business Segments
Figure 56: DB Schenker Strategic Alliances & Partnerships
Figure 57: DSV Business Segments
Figure 58: DSV Strategic Alliances & Partnerships
Figure 59: Geodis Business Segments
Figure 60: Geodis Strategic Alliances & Partnerships
Figure 61: United Parcel Service (UPS) Business Segments
Figure 62: UPS Strategic Alliances & Partnerships
Figure 63: Others – Business Segments and Strategic Alliances

List of Table

Table 1: Study Objectives and Scope
Table 2: Product Definition and Key Features
Table 3: Market Segmentation Criteria
Table 4: Variables Considered in the Study
Table 5: Research Methodology Details
Table 6: Secondary Data Sources
Table 7: List of Companies Interviewed
Table 8: Primary Data Collection Metrics
Table 9: Breakdown of Primary Interviews by Type
Table 10: Executive Summary – Key Market Statistics

Table 11: Market Drivers and Their Impact Scores
Table 12: Market Challenges and Mitigation Strategies
Table 13: Opportunity Assessment by Segment
Table 14: Recent Market Trends and Developments
Table 15: Key Policies and Regulatory Bodies

Table 16: Singapore 3PL Market Size Forecast (2020-2032) in USD Billions
Table 17: Market Share by Service Segment (%)
Table 18: Domestic Transportation Management Market Share Details
Table 19: International Transportation Management Market Share Details
Table 20: Warehousing & Distribution Market Share Details
Table 21: Value-Added Services & Others Market Share Details

Table 22: Market Share by End-user Segment (%)
Table 23: Consumer & Retail Segment Market Size and Growth Rates
Table 24: Healthcare & Pharmaceuticals Segment Market Size and Growth Rates
Table 25: Oil & Gas, Petrochemicals & Chemicals Segment Market Data
Table 26: Other End-user Segment Market Data

Table 27: Market Share by Solution Type (%)
Table 28: Transportation Management Solution Market Data
Table 29: Warehousing & Distribution Solution Market Data
Table 30: Dedicated Contract Carriage (DCC) Solution Market Data
Table 31: Logistics Software Solution Market Data
Table 32: Other Solutions Market Data

Table 33: Competitor Market Share and Ranking
Table 34: Competitive Landscape – Key Characteristics
Table 35: Revenue Shares of Leading Competitors (USD Million)

Table 36: Singapore Domestic Transportation Management 3PL Market Size and Forecast
Table 37: Domestic Transportation Management Market by End-user (2019-2030)

Table 38: Singapore International Transportation Management 3PL Market Size and Forecast
Table 39: International Transportation Management Market by End-user (2019-2030)

Table 40: Singapore Warehousing & Distribution 3PL Market Size and Forecast
Table 41: Warehousing & Distribution Market by End-user (2019-2030)

Table 42: Singapore Value-Added Services & Others 3PL Market Size and Forecast
Table 43: Value-Added Services Market by End-user (2019-2030)

Table 44: Deutsche Post (DHL) – Company Overview and Financial Highlights
Table 45: Deutsche Post Business Segments
Table 46: Nippon Express – Company Overview and Financial Highlights
Table 47: Nippon Express Business Segments
Table 48: C.H. Robinson – Company Overview and Financial Highlights
Table 49: C.H. Robinson Business Segments
Table 50: Kuehne + Nagel – Company Overview and Financial Highlights
Table 51: Kuehne + Nagel Business Segments
Table 52: FedEx – Company Overview and Financial Highlights
Table 53: FedEx Business Segments
Table 54: DB Schenker – Company Overview and Financial Highlights
Table 55: DB Schenker Business Segments
Table 56: DSV – Company Overview and Financial Highlights
Table 57: DSV Business Segments
Table 58: Geodis – Company Overview and Financial Highlights
Table 59: Geodis Business Segments
Table 60: United Parcel Service (UPS) – Company Overview and Financial Highlights
Table 61: UPS Business Segments
Table 62: Others – Company Overview and Business Segments

Top Key Players & Market Share Outlook

Deutsche Post (DHL)
Nippon Express
C.H. Robinson
Kuehne + Nagel International
FedEx
DB Schenker
DSV
Geodis
United Parcel Service of America (UPS)
Others

Frequently Asked Questions

A. The Singapore Third Party Logistics (3PL) Market is anticipated to witness a rise at a CAGR of around 3.47% during the forecast period, i.e., 2025-32.

A. The flourishing e-commerce sector and rising infrastructure & government assistance to encourage the expansion of the Singapore Third Party Logistics (3PL) Market through 2032.

A. The higher operational costs and congestion & land constraints pose challenges to the Singapore Third Party Logistics (3PL) Market.

A. The leading companies in the Singapore Third Party Logistics (3PL) Market are Deutsche Post (DHL), Nippon Express, C.H. Robinson, Kuehne + Nagel International, FedEx, DB Schenker, DSV, Geodis, United Parcel Service of America (UPS), and Others.