South Korea Third-Party Logistics (3PL) Market Share

Statistics for the 2023 & 2024 South Korea Third-Party Logistics (3PL) market share, created by Mordor Intelligence™ Industry Reports. South Korea Third-Party Logistics (3PL) share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of South Korea Third-Party Logistics (3PL) Industry

The third-party logistics (3PL) market in South Korea is fragmented, with a mix of foreign and local businesses, such as CJ Logistics, Pants Logistics, and Lotte Global Logistics, among the leading competitors. Consistent economic growth, the rapid expansion of e-commerce retailers such as Coupang, Wemakeprice, 11street, G-Market, and TMON, as well as the desire to achieve carbon-neutral operations, are driving increasing demand for third-party logistics businesses. Companies are concentrating on incorporating automation into their processes and upgrading their energy sources to reduce their carbon footprint.

South Korean gas stations have partnered with courier service providers, subletting their buildings as logistics hubs and bringing a new dynamic to the local delivery business. Hyundai Oil Bank Co., a major refiner in South Korea, has entered into a strategic relationship with Coupang Inc., an e-commerce business, to establish a gas station-based logistics system.

South Korea Third Party Logistics (3PL) Market Leaders

  1. DSV

  2. CJ Logistics Corporation

  3. Pantos Logistics

  4. Kuehne + Nagel

  5. Toll Holdings Limited

*Disclaimer: Major Players sorted in no particular order

South Korea 3PL Market Concentration

South Korea 3PL Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)