Market Share of Singapore 3PL Industry
The third-party logistics market in Singapore is fragmented in nature with the presence of a large number of players. Most of the top global players such as DHL, Kuehne + Nagel, Ceva Logistics have significant presence in the country. Additionally, there are some major local companies such as YCH, Keppel, and CWT which offer wide range of services. The presence of these large international and domestic players makes the market highly competitive. Also, in the digital era with technological advancements, there are a lot of startups emerging in the market, especially in the e-commerce fulfillment space.
Singapore Third Party Logistics (3PL) Market Leaders
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Desutche Post DHL Group
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DB Schenker
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Ceva Logistics
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YCH Group Pte Ltd
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Keppel Logistics Pte Ltd.
*Disclaimer: Major Players sorted in no particular order
