Fourth Party Logistics Market Share and Value Analysis 2030

The global Fourth Party Logistics Market size is predicted to reach USD 102 billion by 2030 with a CAGR of 7%.

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The rapid advancements in the healthcare sector led to a greater demand for the level of effectiveness in the distribution of pharmaceuticals, medical devices, and related specialized products, this increases in demand are driving further market growth.

Asia-Pacific dominates the fourth party logistics market share and is projected to maintain its dominance throughout the forecast period. Demand in China and India for logistics services is flourishing due to the booming e-commerce industry and huge inventories and orders to be managed. Furthermore, such requirements necessitate express deliveries over distances.