Latin America Third-Party Logistics Market Size & Outlook
The third-party logistics market in Latin America is expected to reach a projected revenue of US$ 82,650.6 million by 2033. A compound annual growth rate of 8.5% is expected of Latin America third-party logistics market from 2026 to 2033.
Latin America third-party logistics market highlights
The Latin America third-party logistics market generated a revenue of USD 43,705.7 million in 2025.
The market is expected to grow at a CAGR of 8.5% from 2026 to 2033.
In terms of segment, itm was the largest revenue generating services in 2025.
VALs is the most lucrative services segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
Market revenue in 2025
USD 43,705.7 million
Market revenue in 2033
USD 82,650.6 million
Growth rate
8.5% (CAGR from 2026 to 2033)
Largest segment
Itm
Fastest growing segment
VALs
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
DCC/Freight Forwarding, DTM, ITM, W&D, VALs
Key market players worldwide
Burris Logistics, C.H. Robinson Worldwide Inc, CEVA Logistics, DSV AS, DB Schenker, FedEx Corp, JB Hunt Transport Services Inc, Kuehne + Nagel International AG, Nippon Express Holdings Inc, United Parcel Service Inc Class B, Yusen Logistics
Other key industry trends
In terms of revenue, Latin America region accounted for 3.5% of the global third-party logistics market in 2025.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 1,232,398.6 million by 2033.
The increasing e-commerce demand and e-commerce traffic in relation to sourcing, tracking, warehousing, and delivery of products in the retail sector are giving rise to the adoption of 3PL and modernization of 3PL services within South American countries, including Brazil.
The e-commerce customers from the retail, healthcare, and manufacturing sectors are compelling the 3PL service providers to modernize their warehousing, improve cross-border speed, streamline fulfillment, and service a consumer client.
In turn, this is making the third logistics market players improvise their operational flexibility to cater to this demanding marketplace and gain higher benefits. Currently, the last-mile delivery in South America represents the very high cost for the 3PL e-commerce operations due to challenges associated with finding delivery locations due to un-named streets.
Latin America Third-Party Logistics 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 Third-Party Logistics Market Outlook will help companies and investors design strategic landscapes.
Itm was the largest segment with a revenue share of 37.43% in 2025.
Horizon Databook has segmented the Latin America third-party logistics market based on dcc/freight forwarding, dtm, itm, w&d, vals covering the revenue growth of each sub-segment from 2021 to 2033.
The increasing e-commerce demand and e-commerce traffic in relation to sourcing, tracking, warehousing, and delivery of products in the retail sector are giving rise to the adoption of 3PL and modernization of 3PL services within South American countries, including Brazil.
The e-commerce customers from the retail, healthcare, and manufacturing sectors are compelling the 3PL service providers to modernize their warehousing, improve cross-border speed, streamline fulfillment, and service a consumer client.
In turn, this is making the third logistics market players improvise their operational flexibility to cater to this demanding marketplace and gain higher benefits. Currently, the last-mile delivery in South America represents the very high cost for the 3PL e-commerce operations due to challenges associated with finding delivery locations due to un-named streets.
Latin America Third-Party Logistics Market Services Outlook (Revenue, USD Million , 2021-2033)
DCC/Freight Forwarding
DTM
ITM
W&D
VALs
Latin America Third-Party Logistics Market End Use Outlook (Revenue, USD Million , 2021-2033)
Manufacturing
Retail
Healthcare
Automotive
Others
Latin America Third-Party Logistics Market Transport Outlook (Revenue, USD Million , 2021-2033)
Roadways
Railways
Waterways
Airways
Reasons to subscribe to Third-Party Logistics Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Third-Party Logistics Market Outlook databook
Our clientele includes a mix of Third-Party Logistics Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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 Third-Party Logistics Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Third-Party Logistics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Third-Party Logistics Market, 2021-2033 (US$M)