Czech Republic Third-Party Logistics Market Size

Czech Republic Third-Party Logistics (3PL) Market Analysis

The third-party logistics (3PL) market in the Czech Republic is worth about USD 4 billion right now, and it is expected to register more than 5% over the next few years.

• The Czech Republic and the entire area benefit from their central European location. Slowly but steadily, the highway infrastructure has been developed not just in the Czech Republic but also in Poland and Slovakia. As a result, the whole logistics sector works more quickly and efficiently.
• Companies that make things in Europe are expanding their production and operations, which makes it harder for them to get raw materials to their factories and finished products to retailers and distributors. Because supply chain management is getting harder for manufacturing companies, more and more of them are giving their supply chain management tasks to third-party logistics providers, either partially or completely.
• Changes in the way people live in the country are a big reason why people want e-retail services. This, in turn, makes the big players in the country want to use more outsourced logistics services. Many projects, mergers, and acquisitions are being brought about in order to support the infrastructural development of the country and aid national and international connectivity. Sovereign funds from Singapore, the Gulf, China, and Norway account for about half of the investments. And the remaining investments are coming from all around the world, including the United Kingdom, the United States, and Australia.
• DB Cargo Czechia worked with DB Cargo Polska and DB Cargo Russia on the first phase of the project. This showed off its unique position on the rail transport market. And its complex logistics solution offerings to industrial customers, ranging from rail transport to re-loading, last-mile transport with lorries, and even customs clearance.