Market Size of chile freight and logistics Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 20.13 Billion |
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Market Size (2030) | USD 27.92 Billion |
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Largest Share by Logistics Function | Freight Transport |
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CAGR (2024 - 2030) | 5.61 % |
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Fastest Growing by Logistics Function | Courier, Express, and Parcel (CEP) |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Chile Freight and Logistics Market Analysis
The Chile Freight and Logistics Market size is estimated at 20.13 billion USD in 2024, and is expected to reach 27.92 billion USD by 2030, growing at a CAGR of 5.61% during the forecast period (2024-2030).
20.13 Billion
Market Size in 2024 (USD)
27.92 Billion
Market Size in 2030 (USD)
4.55 %
CAGR (2017-2023)
5.61 %
CAGR (2024-2030)
Fastest Growing Market by Mode of Transport
6.26 %
Projected CAGR, Sea and Inland Waterways, 2024-2030
The Port of San Antonio is the main seaport in Chile, along with Valparaíso. It is the primary docking seaport for ships arriving from Asia and has a surface area of 271 ha.
Largest CEP Market by Destination
64.10 %
value share, Domestic, 2023
CyberDay 2023 witnessed participation from over 799 brands and generated USD 426 million, up from USD 399 million in 2022. This surge in e-commerce fueled the demand in the CEP market.
Largest Market by End User Industry
41.01 %
value share, Wholesale and Retail Trade, 2023
E-commerce is expected to grow steadily from 2023 to 2027, recording a CAGR of 10.25%, which is expected to drive the growth of the wholesale and retail trade end-user segment.
Largest Warehousing Market by Temperature Control
92.25 %
value share, Non-Temperature Controlled, 2023
In March 2023, Maersk expanded its foothold in Latin America by opening three warehouses in Santiago, Chile. With a combined area of over 195,000 sq. m, these are aimed at bolstering customer supply chains.
Fastest Growing Warehousing Market by Temperature Control
5.38 %
Projected CAGR, Temperature Controlled, 2024-2030
In June 2023, Emergent Cold LatAm completed its acquisition of Hook Chile. Notably, one of Hook Chile's facilities, located in San Antonio, boasts a warehouse capacity of approximately 10,500 pallets.
Rising e-commerce domestic and international parcel volumes along with infrastructure investment leading the market growth
- In March 2023, Maersk, in Latin America, opened 3 new warehouse locations in Santiago, Chile. These additions span a combined area of over 195,000 sq. m along the West Coast. The Buenaventura facility, covering 24,900 sq. m in Quilicura, strategically positioned in the north, offers convenient access to highways and the airport. The La Vara (10,500 sq. m) and San Ignacio (6,520 sq. m) facilities in San Bernardo are close to major retailers' distribution centers, enhancing client accessibility and operational flexibility. These sites prioritize sustainability, incorporating features like rail integration, lithium battery-powered forklifts, and LED lighting.
- Chile is one of Latin America's most stable and free-market economies. While the logistics sector is still evolving, the country recently witnessed a rise in import and export activities. Chile's strategic geographic location serves as a gateway for nations across Europe, Asia, and South and Central America, facilitating seamless connectivity via air, sea, and land routes. In a significant move, the Chilean government greenlit a USD 1.9 billion investment plan (2020-22) for the Chilean State Railways (EFE).
- With the Chilean government's push for sustainable aviation fuels (SAF), major players in the aviation sector, including LATAM Cargo Chile and UPS, have embraced SAF for their cargo deliveries. The air cargo segment is witnessing a surge, with notable additions of new freighters. LATAM Cargo ramped up its freighter flights from Huntsville International Airport in Alabama, increasing the weekly frequencies from one to three. Avianca, the region's second-largest cargo carrier, planned to introduce 2-4 Airbus A330 freighters, aiming to bolster its capacity by up to 70% by 2024, bolstering its freight operations.
Understand The Key Trends Shaping This Market
