Latin America Automotive 3pl Market Size & Outlook
Latin America automotive 3pl market highlights
- The Latin America automotive 3pl market generated a revenue of USD 7.8 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, finished vehicles was the largest revenue generating type in 2023.
- Finished Vehicles is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 7.8 million |
| Market revenue in 2030 | USD 14.2 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Finished vehicles |
| Fastest growing segment | Finished Vehicles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Finished Vehicles |
| Key market players worldwide | CEVA Inc, DB Schenker, DHL Group, DSV AS, RXO Inc, Hellmann Worldwide, Hub Group, Kerry Logistics Network Ltd, Nippon Express Holdings Inc, XPO Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.6% of the global automotive 3pl market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 191.2 million by 2030.
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Automotive 3Pl Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hub Group | View profile | 1001-5000 | Oak Brook, Illinois, United States, North America | http://www.hubgroup.com/ |
| Hellmann Worldwide | View profile | 10001+ | Osnabrück, Niedersachsen, Germany, Europe | https://www.hellmann.com/en |
| RXO Inc | View profile | 8432 | 11215 North Community House Road, Charlotte, NC, United States, 28277 | https://www.rxo.com |
| Nippon Express Holdings Inc | View profile | 85442 | 2 Kanda Izumicho, Chiyoda-ku, Tokyo, Japan, 101-0024 | - |
| DSV AS | View profile | 73879 | Hovedgaden 630, Hedehusene, Denmark, 2640 | https://www.dsv.com |
| DB Schenker | View profile | 10001+ | Essen, Nordrhein-Westfalen, Germany, Europe | https://www.dbschenker.com/global |
| XPO Inc | View profile | 39000 | Five American Lane, Greenwich, CT, United States, 06831 | https://www.xpo.com |
| Kerry Logistics Network Ltd | View profile | 33100 | 55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, Hong Kong, | https://www.kln.com |
| DHL Group | View profile | 594396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | http://www.dpdhl.com |
| CEVA Inc | View profile | 424 | 15245 Shady Grove Road, Suite 400, Rockville, MD, United States, 20850 | https://www.ceva-dsp.com |
Latin America automotive 3pl market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive 3pl market will help companies and investors design strategic landscapes.
Finished vehicles was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America automotive 3pl market based on finished vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America automotive 3pl market databook
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Our clientele includes a mix of automotive 3pl market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive 3pl market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive 3pl market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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