Market Size of Canada 3PL Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 21.39 Billion |
Market Size (2029) | USD 26.75 Billion |
CAGR (2024 - 2029) | 4.58 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Canada Third Party Logistics (3PL) Market Analysis
The Canada 3PL Market size is estimated at USD 21.39 billion in 2024, and is expected to reach USD 26.75 billion by 2029, growing at a CAGR of 4.58% during the forecast period (2024-2029).
Along with the consumer dependence and developments in the e-commerce market, the growth in the market is expected as a result of the increase in the cross-border trade between the US and Canada after the USMCA agreement.