{"id":909344,"date":"2025-02-27T07:56:06","date_gmt":"2025-02-27T02:26:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=909344"},"modified":"2025-02-27T08:04:58","modified_gmt":"2025-02-27T02:34:58","slug":"3pls-share-of-online-orders-set-to-rise-in-5-years-redseer-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/27\/3pls-share-of-online-orders-set-to-rise-in-5-years-redseer-report\/","title":{"rendered":"3PL\u2019s share of online orders set to rise in 5 years: Redseer report"},"content":{"rendered":"<p>Third-party logistics players\u2019 (3PL\u2019s) share of e-commerce shipments, excluding grocery, will continue to grow in line with the growth in online shipments over the next five years, according to a report by Redseer. In FY24, this stood at $4.4 billion and is expected to rise by 30% to $15-17.5 billion by FY29, the report notes. <\/p>\n<p>Redseer notes four key growth drivers for this: New e-commerce models that rely more on 3PL are growing at a faster pace, horizontal marketplaces will continue to rely on 3PLs for broader reach and specialised shipment requirements, tier 2+ cities are expected to contribute close to 65% of e-commerce shipments by FY29,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Third-party logistics players\u2019 (3PL\u2019s) share of e-commerce shipments, excluding grocery, will continue to grow in line with the growth in online shipments over the next five years, according to a report by Redseer. In FY24, this stood at $4.4 billion and is expected to rise by 30% to $15-17.5 billion by FY29, the report notes. Redseer notes four key growth drivers for this: New e-commerce models that rely more on 3PL are growing at a faster pace, horizontal marketplaces will continue to rely on 3PLs for broader reach and specialised shipment requirements, tier 2+ cities are expected to contribute close [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-909344","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/909344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=909344"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/909344\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=909344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=909344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=909344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}