Market Size of Turkey Third Party Logistics (3PL) Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 8.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Turkey Third Party Logistics (3PL) Market Analysis
Turkish 3PL market has seen tremendous growth in the last five years and is further expected to register a CAGR of over 8.5% during the forecast period 2020-2025.
The rapid growth in the manufacturing and the automotive sector in the country is resulting in the growth of the demand for road transport and third-party logistics services in the market. Aso, the fast growing e-comerce sector is propeling the demand for 3pl services.
With a population of more than 80 million and growing urban population, the food & beverage sector is one of the important pillars of Turkey's economy, the sector is a key end user of 3pl services.
The country's geographical advantage needs to be supported by a good transport corridor, for which, the government has undertaken various projects, including constructing new roadways, railways, airports, and increasing port capacities. These deveopments support the growth of the market.
