PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584653
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584653
Vietnam Third Party Logistics Market, By Service; By Transport; By End User, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Vietnam Third Party Logistics (3PL) Market Size to Reach USD 7.2 Billion by 2030
Vietnam Third Party Logistics (3PL) Market is booming primarily due to the expanding manufacturing base across the country and rising trade volumes.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam Third Party Logistics (3PL) Market size by value at USD 6.09 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Vietnam Third Party Logistics (3PL) Market size to expand at a CAGR of 2.4% reaching a value of USD 7.19 billion by 2030. The Third-Party Logistics (3PL) Market in Vietnam is propelled by Vietnam's supportive government policies, trade agreements, and economic growth are creating a conducive environment for logistics development. The increasing demand for efficient and sustainable logistics solutions, particularly in e-commerce, cold chain, and green logistics, is shaping the industry's future. The country's focus on multi-modal transport and infrastructure development further strengthens its position in the regional logistics landscape.
DTM Service Segment Holds Largest Share of Vietnam 3PL Market
The domestic transportation management (DTM) remains the dominant segment in Vietnam Third Party Logistics (3PL) Market by service, driven by the country's growing manufacturing and e-commerce sectors. Despite challenges, the DTM segment plays a crucial role in supporting logistics infrastructure and trade. Government initiatives and industry collaborations are essential to enhance its competitiveness and foster sustainable growth. The other major service segments in Vietnam Third Party Logistics (3PL) Market include Dedicated Contract Carriage (DCC)/Freight Forwarding, International Transportation Management (ITM), Warehousing &Distribution (W&D), and Value-Added Logistics Services (VALs).
Impact of Escalating Geopolitical Tensions on Vietnam Third Party Logistics (3PL) Market
Intensifying geopolitical tensions could have a multifaceted impact on Vietnam Third Party Logistics (3PL) Market. The increasing geopolitical uncertainties undermine the stability of global supply chains, leading to disruptions that could negatively impact Vietnam's logistics market. Higher costs, delays, and reduced predictability may deter foreign investment and limit growth opportunities for 3PL providers in the country.
Competitive Landscape
Vietnam Third Party Logistics (3PL) Market is highly fragmented, with numerous players serving the market. The key players dominating the market include DHL Vietnam, FedEx Vietnam, Kerry Logistics, Gemadept, Vinafco, Transimex Saigon, Crane Worldwide Logistics, BSS Vietnam, Cargonet LOGISTICS Vietnam, and Mekong Logistics. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Vietnam Third Party Logistics (3PL) Market .
The report's in-depth analysis provides information about growth potential, upcoming trends, and Vietnam Third Party Logistics (3PL) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Vietnam Third Party Logistics (3PL) Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Vietnam Third Party Logistics (3PL) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growth in manufacturing industry
- 3.2.1.2. Increase in trading activities
- 3.2.2. Restraints
- 3.2.2.1. Poor infrastructure in Vietnam
- 3.2.2.2. Higher logistics costs
- 3.2.3. Opportunities
- 3.2.3.1. Rapid growth of the e-commerce sector
- 3.2.3.2. Surge in use of IT solutions and software
- 3.2.4. Challenges
- 3.2.4.1. Growing emphasis on sustainability and environmental responsibility in logistics
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Vietnam Third Party Logistics (3PL) Market: Marketing Strategies
5. Vietnam Third Party Logistics (3PL) Market: Pricing Analysis
6. Vietnam Third Party Logistics (3PL) Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Service
- 6.2.1.1. Dedicated Contract Carriage (DCC)/Freight Forwarding
- 6.2.1.2. Domestic Transportation Management (DTM)
- 6.2.1.3. International Transportation Management (ITM)
- 6.2.1.4. Warehousing &Distribution (W&D)
- 6.2.1.5. Value Added Logistics Services (VALs)
- 6.2.2. By Transport
- 6.2.2.1. Roadways
- 6.2.2.2. Railways
- 6.2.2.3. Waterways
- 6.2.2.4. Airways
- 6.2.3. By End User
- 6.2.3.1. Manufacturing
- 6.2.3.2. Retail
- 6.2.3.3. Healthcare
- 6.2.3.4. Automotive
- 6.2.3.5. Others
- 6.2.1. By Service
7. Competitive Landscape
- 7.1. List of Key Players and Their Range
- 7.2. Vietnam Third Party Logistics (3PL) Company Market Share Analysis, 2023
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical tensions on Vietnam Third Party Logistics (3PL) Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
- 9.1. DHL Vietnam
- 9.2. FedEx Vietnam
- 9.3. Kerry Logistics
- 9.4. Gemadept
- 9.5. Vinafco
- 9.6. Transimex Saigon
- 9.7. Crane Worldwide Logistics
- 9.8. BSS Vietnam
- 9.9. Cargonet LOGISTICS Vietnam
- 9.10. Mekong Logistics
- 9.11. Other prominent players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents
- 11.5. Assumption & Limitation
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 Vietnam Third Party Logistics (3PL) Segmentation
- Figure 2 Vietnam Third Party Logistics (3PL) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Vietnam Third Party Logistics (3PL) Market Size, By Value (USD Billion), 2019-2030
- Figure 5 Vietnam Third Party Logistics (3PL) Market Share, By Service, By Value, 2019-2030
- Figure 6 Vietnam Third Party Logistics (3PL) Market Share, By Transport, By Value, 2019-2030
- Figure 7 Vietnam Third Party Logistics (3PL) Market Share, By End User, By Value, 2019-2030
List of Tables
- Table 1 Vietnam Third Party Logistics (3PL) Market Share, By Service, By Value, 2019-2030
- Table 2 Vietnam Third Party Logistics (3PL) Market Share, By Transport, By Value, 2019-2030
- Table 3 Vietnam Third Party Logistics (3PL) Market Share, By End User, By Value, 2019-2030
- Table 4 DHL Vietnam Company Overview
- Table 5 DHL Vietnam Financial Overview
- Table 6 FedEx Vietnam Company Overview
- Table 7 FedEx Vietnam Financial Overview
- Table 8 Kerry Logistics Company Overview
- Table 9 Kerry Logistics Financial Overview
- Table 10 Gemadept Company Overview
- Table 11 Gemadept Financial Overview
- Table 12 Vinafco Company Overview
- Table 13 Vinafco Financial Overview
- Table 14 Transimex Saigon Company Overview
- Table 15 Transimex Saigon Financial Overview
- Table 16 Crane Worldwide Logistics Company Overview
- Table 17 Crane Worldwide Logistics Financial Overview
- Table 18 BSS Vietnam Company Overview
- Table 19 BSS Vietnam Financial Overview
- Table 20 Cargonet LOGISTICS Vietnam Company Overview
- Table 21 Cargonet LOGISTICS Vietnam Financial Overview
- Table 22 Mekong Logistics Company Overview
- Table 23 Mekong Logistics Financial Overview
