Trasporti
Philippines Logistics and Warehousing Market is Expected to Reach Over PHP 970 Billion by the Year 2023: Ken Research
Philippines logistics and warehousing market has evolved in recent years with increased trade activities in the country thereby, connecting different export and import markets of various countries across the world. Additionally, the industry is expected to be driven by the huge demand for logistics services by the industrial sectors such as automotive industry, electronic products, apparel and accessories, chemicals and pharmaceuticals.
The express delivery has simplified the process of transporting goods by allowing the sender to access the information from pick-up to delivery and also provides the proof of delivery. Philippines express logistics market is further anticipated to grow significantly over the forecast period owing to the rising demand of timely delivery of parcels and documents. The logistics companies are expected to invest on advanced technologies solutions such as autonomous logistics, real-time tracking, automation and robotics in order to provide an improved customer service. With the growing international trade, incorporation of advanced technology based solutions will help in an efficient delivery of products by the logistics providers.
The advent of an ASEAN Economic Community (AEC) will facilitate the entry of foreign logistics providers in the near future. In addition, it will compel domestic freight forwarders to become competitive. Furthermore, these logistics companies may enter into joint venture agreements with foreign freight forwarders or accept equity investments from them. With adequate investments and the dense river network connecting Philippines with neighboring countries, Philippines could position as a transit country for Southeast Asia , thereby creating a positive impact on the country's freight forwarding segment.
Analysts at Ken Research in their latest publication believe that expansion of network, advancement in technology, alternate route in case of congestion, improve service quality, imposition on truck bans and continued customs modernization will create a positive in the Philippines logistics and warehousing market. The Filipino market is expected to register a positive CAGR of 8.8% during the forecast period 2018E-2023E. The market is further expected to be driven by expanding industrial activities, growing E-commerce industry, upcoming infrastructure in the country & continuous investment by the government in development of logistics infrastructure and consistent economic growth.
2012-2017 - Historical Period
2018-2023 - Future Forecast
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-warehousing-market-outlook-2023/154992-100.html
The report provides a comprehensive analysis of the Logistics & Warehousing market in Singapore . The report covers various aspects such as overall size of Singapore logistics & warehousing market in terms of value, segmentation on the basis of Service mix, by geography, by industries, Freight forwarding, warehousing, cold chain, 3PL market size and express logistics market. The report also covers value chain analysis for logistics & warehousing market, comparative analysis of Singapore logistics market with APAC countries and global logistics market.
The report provides a comprehensive analysis of the Logistics & Warehousing market in South Korea . The report covers various aspects such as overall size of South Korea logistics & warehousing, freight forwarding, warehousing, cold chain, 3PL, express market in terms of value, segmentation on the basis of service mix, by geography and by type of industries. The report also covers value chain analysis for logistics & warehousing market, comparative analysis of South Korea logistics market with Asia and global logistics market.
The report provides a comprehensive analysis of the Logistics market in Indonesia . The reports covers overall size and future outlook of Indonesia logistics, freight forwarding, warehousing, cold chain, 3PL, and express market in terms of value, segmentation on the basis of service mix, by geography and by type of industries. The report also covers value chain analysis for logistics market, comparative analysis of Indonesia logistics market with few APAC countries and global logistics market.
Australia Logistics and Warehousing Market by Sector (Freight Forwarding, Warehousing, VAS), By Domestic & International Services - Outlook to 2021
The report provides a comprehensive analysis of the logistics and warehousing services market in Australia . The report covers aspects such as the market size of the Australia logistics and Warehousing Services, market segmentation on the basis of type service mix and geography. The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis of the Australia Logistics and Warehousing Market. In addition to this, the report also covers company profiles and product portfolio of major players.
Vietnam Logistics and Warehousing Market Outlook to 2022 - By Service Mix (Freight Forwarding, Warehousing, Cold Chain, Express Delivery, E-commerce Logistics, Third Party Logistics)
The report provides a comprehensive analysis of logistics and warehousing services in Vietnam . The report focuses on Vietnam freight forwarding market by normal and express delivery, by freight movement (sea freight, road freight, air freight and rail freight), by international and domestic freight forwarding and by flow corridors (Asia Countries, European Countries, American and African Countries); Vietnam warehousing market by number of warehouses ( Southern Vietnam and other regions), by end users (retail, electronic devices, textile and footwear, wooden products and others), by international and domestic companies and by business model (industrial freight/retail, container freight, cold storage, agriculture and others).
Ankur Gupta
Head Marketing
Ken Research Private Limited
ankur@kenresearch.com
+91-9015378249