Chile Third-Party Logistics (3PL) Market Report and Forecast 2024-2032

Chile Third-Party Logistics (3PL) Market Outlook

The Chile third-party logistics (3PL) market size is projected to grow at a CAGR of 6.60% between 2024 and 2032.

Key Takeaways

• Chile's robust trade connections with other parts of the world including China, the USA, Japan, South Korea, and Brazil leads to an increased need for efficient third-party logistics services.

• In February 2024, Grupo Ransa strengthened its foothold along the entire Pacific Coast of Latin America through the strategic acquisition of Loginsa, a prominent 3PL player based in Chile.

• The logistics sector in Chile is undergoing a major transformation with technological advancements in warehousing, transportation, and inventory management. Real-time tracking, AI integration, and warehouse automation are all revolutionising the supply chain, consequently driving up the Chile third-party logistics (3PL) market share.

The third-party logistics market in Chile is witnessing substantial expansion as a result of the rising utilisation of cutting-edge technologies, booming e-commerce sector, heightened government funding, and growing service demands. The escalating foreign direct investment (FDI) in key sectors like manufacturing and energy is also fuelling the market's growth. With expertise in transportation, global compliance, maritime regulations, import-export operations, and sea routes, 3PL providers are enhancing the efficiency and profitability of the supply chain process for customers.

As per the Chile third-party logistics (3PL) market analysis, continuous technological progress has empowered third-party logistics providers to provide instant access to shipment information, streamline operations, and enhance productivity. The emergence of innovative technologies like the Internet of Things (IoT), artificial intelligence (AI), and blockchain has revolutionised the logistics sector. Furthermore, enhancements in transportation infrastructure, including port expansions and the establishment of high-speed rail systems, have eased the transportation of goods across international boundaries.

The market players are heavily investing to broaden their services on a global scale. For instance, in September 2023, Yusen Logistics, an international company specialising in transportation, logistics, supply chain, and storage, introduced a temperature-controlled ocean freight forwarding service from Chile to Japan specifically for wine. This new service allows for the consolidation of natural, high-quality, and even small quantities of wine at the San Antonio Port warehouse in Chile. Moreover, direct transportation without trans-shipment at ports along the route helps to maintain the quality of the wine by minimising cargo handling and temperature fluctuations, while also decreasing the risk of theft.

Market Segmentation

Chile Third-Party Logistics (3PL) Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Services

• Dedicated Contract Carriage/Freight Forwarding

• Domestic Transportation Management

• International Transportation Management

• Warehousing and Distribution

• Value Added Logistics Services

Market Breakup by Transport

• Roadways

• Railways

• Waterways

• Airways

Market Breakup by End Use

• Manufacturing

• Retail

• Healthcare

• Automotive

• Others

Competitive Landscape

The leading companies are adopting sustainable and environmentally friendly practices in the third-party logistics market while incorporating advanced technologies to enhance operations.

• Deutsche Bahn AG

• Deutsche Post AG

• CEVA Logistics SA

• FedEx Corp.

• United Parcel Service, Inc.

• Agencias Universales SA

• Yusen Logistics Co., Ltd.

• Temporis Latin America Spa

• Noatum Holdings, S.L.U.

• Bertling Group

• Others

Key Highlights of the Report