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Write these on post-its, log them in your phone or email them to your teammates – make sure you know these statistics by heart if you plan on making your place in the 3PL world.
3PL Order & Outsourcing Statistics for Setting the Right Standards
Don’t shoot in the dark when it comes to order processing and outsourcing… have a look at these stats that will let you know the real deal as it is.
3PL Growth Challenges Statistics to Help You Prepare Better
There’s no fun without a little challenge. Go through the following statistics and help them to prepare you for any problems that may hinder the growth of your 3PL activities.
Logistics and 3PL Growth Statistics to Make Moves that Matter
Just how lucrative is the logistics industry for 3PLs and anyone looking to establish a business in the 3PL world? These statistics paint out the whole picture for you.
Here are some 2023 predictions for 3PLs that will help you prepare better for the future.
The Global 3PL market is expected to experience a significant rise between 2023 and 2027. (Market Watch) The global 3PL market is only going to get bigger and better this year. This means that if you thought that the growth opportunity for 3PLs would end in 2022, you were wrong! The market has evolved and continues to evolve, which means you will get many chances this year to take your business forward and actually focus on boosting your growth as much as possible. Between 2023 and 2027, the market will grow and therefore you should come up with a 4 year plan/strategy for your business that can push it in the right direction.
The 3PL market exceeded the USD 1 Trillion mark in 2022 and is projected to expand at more than 5% CAGR from 2023 to 2032. (GM Insights) In 2022, the 3PL market was a huge success – at least in terms of its monetary value. But the best part is that it is going to become more valuable in the next 10 years; it is a lucrative, dynamic market and just a little effort in this area could go a long way. If you have already started working on making your 3PL mechanisms better for the future, you are doing the right thing and will definitely see pay off in 2023, as well as other years.
These statistics are here to help you understand that the 3PL industry is a great place if you are looking to establish a business that grows consistently into the future. Dependence on 3PL logistics is increasing day by day – thanks to different reliability factors that have been introduced to the scene. 3PLs are the go-to choice for businesses that don’t want to take the headache of dealing with their logistics, and since all businesses get to at least once in their journey, it can be said that the concept of logistic outsourcing is here to stay for a long, long time. The landscape for 3PL growth and opportunities seems to be considerably ideal – all you have to do is play your cards right and get the right tools to help you, and you will be witnessing yourself become a 3PL maestro in no time whatsoever.
One of the most challenging aspects of any business is the handling of the logistics and the fulfilment procedure. In consideration of this fact, it really is no surprise that more and more businesses are gravitating towards 3PLs and trusting them to take care of the logistics. With top-notch technology and advanced resources to facilitate an astonishingly smooth and seamless fulfilment journey, 3PLs are becoming more powerful than ever; allowing the whole industry to take the world by storm.
As the industry expands, it becomes apparent that this area of the commercial world is filled to the brim with opportunities of growth and success for 3PLs – regardless of whether they are newer companies or established third party logistics services providers.
If you are looking to gauge the exact extent of growth in the 3PL industry, you must turn to statistics. Statistics will help you understand the 3PL industry better as well as understand the areas within your own business that you need to work on the most in order to grow and expand.
Here are the top stats for growth opportunities for 3PL companies in 2022 – and we hope they can help you take your business in the right direction.
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