- Future Growth of Philippines Logistics is expected to be led by 3PL, Express Delivery and E-commerce Logistics Segments
- Major international players include, DHL and FedEx whereas the domestic market has been dominated by LBC Express, 2GO Group and many more
Ken Research announced its latest publication on “Philippines Logistics Market Outlook to 2019” which provides a comprehensive analysis of logistics, express delivery, balikbayan boxes and sea and air freight forwarding in the Philippines along with Warehousing and Value Added services. The report covers various aspects such as market size of Philippines logistics, segmentation on the basis of express delivery market, freight forwarding, third party logistics, e-commerce logistics, Balikbayan boxes and warehousing market. The report is useful for logistics service providers, industry consultants, traders and new players venturing in the market.
The logistics market in the Philippines has witnessed growth in recent years on account for rising international trade volumes, increase in e-commerce activities fueled by the rising purchasing power of the customers. The surge in growth has mainly originated from expansion of express delivery services along with third party logistics. Domestic factors such as development of infrastructure, availability of highly skilled labor at cost effective prices along with the growth in gross domestic product have led the development of the logistics sector in the Philippines. The logistics market in the Philippines is comprised of a large number of players such as DHL, FedEx, UPS, Forex Cargo and others which cater to international shipments. On the other hand, companies such as LBC Express, PHL Post, 2GO, Air21 and others have captured the domestic market.
According to the research report, the logistics market in the Philippines will grow at a double digit growth rate of 12.4% thus exceeding over USD 30 billion by the year 2019 due to the increase exports and imports.
“The increase in government effort to streamline processes and improve infrastructural facilities will result in an increased spending on the logistics market in the Philippines. Key catalyst for the market growth in future will be the growth in e-commerce space, import and export activity, technological advancement to streamline all process of logistics along with surging investment in physical and logistics infrastructure”, was according to the Research Associate, Ken Research.
Key Topics Covered in the Report:
- -Market Size by Revenue
- -Market Segmentation by
- oExpress Delivery
- oFreight Forwarding (Road, Air and Sea)
- oThird Party Logistics
- oE-commerce Logistics
- oWarehousing and Value Added Services
- oBalikbayan Box Market
- -Trends and Development
- -Competition, Service Offerings, Strength and Weaknesses and Market Share of Major Players
- -Infrastructural Analysis
- -Pricing Analysis
- -Gateway Analysis
- -Growth Drivers
- -Future Outlook
- -Analyst Recommendation
- -Macro Economic Parameters
Key Services Mentioned in the Report
Freight Forwarding (Road, Air and Sea)
Third Party Logistics
Warehousing and Value Added Services
Balikbayan Box Market
Companies Covered in the Report
Kintetsu World Express
Ankur Gupta, Head Marketing & CommunicationsAnkur@kenresearch.com