Lily Desouza16 May, 2025Business
The Singapore Third Party Logistics (3PL) Market reached a value of nearly USD 5.59 billion in 2025. The market is assessed to grow at a CAGR of around 3.47%, during the forecast period of 2025-2032 to attain a value of around USD 7.1 billion in 2032. Singapore's manufacturers & exports greatly rely on foreign content, making it a key competitor across regional & global supply chains due to the expansion of highly varied cross-border production. Owing to its status as a regional center, producers favor Singapore since it provides them access to the country's top shippers & third-party logistics providers (3PLs).
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