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Singapore Third-Party Logistics (3PL) Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published Jun 29, 2025
Length 107 Pages
SKU # EMAR20153985

Description

The Singapore third-party logistics (3PL) market size reached approximately USD 2.70 Billion in 2024. The market is projected to grow at a CAGR of 6.40% between 2025 and 2034, reaching a value of around USD 5.02 Billion by 2034.

Singapore’s strategic location as a central trading hub, presence of state-of-the-art infrastructure, and business-friendly environment are transforming the country into a robust logistics market. Moreover, the country’s third-party logistics (3PL) providers are playing a key role in supporting its reputation as a regional business hub. The presence of a tech-savvy population, with a high penetration of the internet of over 95%, and an increasing young demographic is contributing to the expansion of the e-commerce sector. This is further leading to the Singapore third-party logistics (3PL) market expansion, as e-commerce companies outsource their logistics operations to 3PL providers.

Singapore is witnessing an increasing volume of cross-border trade, creating opportunities for 3PL companies to provide value-added services such as customs clearance and freight forwarding. From January to March 2024, Singapore Changi Airport registered 475,000 tonne airfreight throughput stating an increase of 14% as compared to the same period in 2023. Air freight provides the quickest shipping times, with efficient safety and security, thereby increasing its adoption.

It is estimated that by 2028, the online retail share will grow to 25.6%, as Singaporean customers are increasingly turning towards online channels for shopping purposes. The significant shift in consumer behaviour is pushing businesses to adopt a robust e-commerce strategy, further contributing to the Singapore third-party logistics (3PL) market growth.

Market Segmentation

Singapore Third-Party Logistics (3PL) Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Service
  • Dedicated Contract Carriage (DCC)
  • Domestic Transportation Management (DTM)
  • International Transportation Management (ITM)
  • Warehousing and Distribution
  • Value Added Logistic Services (VALs)
Market Breakup by Transport
  • Railways
  • Roadways
  • Waterways
  • Airways
Market Breakup by End Use
  • Retail
  • Healthcare
  • Manufacturing
  • Automotive
  • Others
Competitive Landscape

Major 3PL companies in the country are offering a variety of services with advanced technologies, ensuring efficient and reliable operation
  • CWT Pte. Limited
  • Singapore Post Ltd.
  • Schenker AG
  • Kuehne + Nagel International AG
  • Deutsche Post AG (DHL)
  • YCH Group Pte. Ltd.
  • CEVA Logistics S.A
  • Nippon Express Holdings Inc
  • Toll Holdings Limited
  • GEODIS S.A. (Keppel Logistics)
  • Others

Table of Contents

107 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Third-Party Logistics (3PL) Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Third-Party Logistics (3PL) Historical Market (2018-2024)
5.3 Asia Pacific Third-Party Logistics (3PL) Market Forecast (2025-2034)
6 Singapore Third-Party Logistics (3PL) Market Overview
6.1 Key Industry Highlights
6.2 Singapore Third-Party Logistics (3PL) Historical Market (2018-2024)
6.3 Singapore Third-Party Logistics (3PL) Market Forecast (2025-2034)
7 Singapore Third-Party Logistics (3PL) Market by Service
7.1 Dedicated Contract Carriage (DCC)
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Domestic Transportation Management (DTM)
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 International Transportation Management (ITM)
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Warehousing and Distribution
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Value Added Logistic Services (VALs)
7.5.1 Historical Trend (2018-2024)
7.5.2 Forecast Trend (2025-2034)
8 Singapore Third-Party Logistics (3PL) Market by Transport
8.1 Railways
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Roadways
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Waterways
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Airways
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
9 Singapore Third-Party Logistics (3PL) Market by End Use
9.1 Retail
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Healthcare
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Manufacturing
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Automotive
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators of Demand
10.4 Key Indicators of Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 CWT Pte. Limited
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 Singapore Post Ltd.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Schenker AG
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Kuehne + Nagel International AG
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 Deutsche Post AG (DHL)
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 YCH Group Pte. Ltd.
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 CEVA Logistics S.A.
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 Nippon Express Holdings Inc.
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Toll Holdings Limited
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 GEODIS S.A. (Keppel Logistics)
11.5.10.1 Company Overview
11.5.10.2 Product Portfolio
11.5.10.3 Demographic Reach and Achievements
11.5.10.4 Certifications
11.5.11 Others

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