The report
titled “Philippines
Logistics and Warehousing Market Outlook to 2023 – By Freight Forwarding,
Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics,
Balikbayan Box Segment” provides a comprehensive analysis of logistics and
warehousing services, express delivery, e-commerce logistics, 3PL and Balikbayan
box industry. The report also covers the overall competitive landscape; government
role and regulations, SWOT analysis, growth drivers, trends and developments. The
report concludes with future projections and analyst recommendations
highlighting the major opportunities and cautions.
Philippines Logistics and Warehousing Market Size
Philippines has witnessed a growing
need of maritime, aviation and land transport systems to ensure efficient flow
of resources and commodities within the country as well as to other countries
globally. The country is focusing on improving its trade relations which has
resulted in growth in import and export in terms of value and volume.
Philippines logistics and warehousing market augmented positively from 2012 to
2017 at a positive CAGR during the review period 2012-2017. Additionally, the
country has witnessed increasing container freight traffic volume during the
same period.
By Service Mix
The freight forwarding segment
dominated the overall Philippines logistics and warehousing market in the year 2017,
followed by the warehousing segment. Road freight has been considered as the
most convenient mode of transportation of goods owing to high demand from the
industrial sector coupled with booming E-commerce industry in the country. The
increase in demand for transportation of goods from one place to another has
accelerated the size of the freight forwarding market in the country. Moreover,
the high export and import revenues have positively impacted the freight forwarding
industry in the country.
Philippines Freight Forwarding Market
The growth of freight forwarding in
Philippines was supported by development in major industries such as
manufacturing, retail, wholesale, construction, agriculture and mining. In the
Philippines, land transport has dominated the overall freight forwarding
industry which has accounted for maximum revenue share in the overall logistics
market during 2017, followed by air and water transport, respectively. The
government of Philippines has initiated a ‘Build Build Build’ infrastructure
program under which many projects will start construction in 2018 in the cargo
transportation industry.
Philippines Warehousing Market
The Philippines has been considered
as one of the most strategic locations in the Indo-Pacific Ocean. Industrial /
Retail sector is the largest contributor to the warehousing sector, followed by
container freight, cold storage, agriculture and others in terms of revenues in
2017. Increasing prominence of online shopping will increase the size of
E-commerce industry in the country. The companies from retail sector, FMCG
sector, pharmaceutical sector, apparels and other accessories are anticipated
to witness robust growth. E-commerce companies require warehousing facilities
to store the products which will trigger the demand for warehousing space in
coming future.
Philippines Express Delivery Market
The express delivery companies have
created a door to door linkage across domestic and international markets and
have developed advanced shipment tracking facilities to cater to time-sensitive
needs of the logistics sector. Air express has dominated the express delivery
market in terms of revenue during 2017, followed by road express in the
Philippines. The services provided by express delivery companies such as
guaranteed delivery services, door to door delivery, track orders and others will
continue to drive the demand for express delivery services in near future.
Philippines E-Commerce Logistics Market
Philippines E-commerce industry has
witnessed a moderate rise over the past three years with an increase in
internet penetration into the country. Additionally, escalation in the number
of smart phones in the country has augmented the online shopping. Companies
such as DHL, LBC and UPS have inculcated e-commerce features in their websites
in order to assist customers to order online. It has been expected that the
e-commerce logistics will witness a CAGR of 24.9% during the years 2016-2020.
Philippines 3PL Market
Third party logistics providers are
independent companies that provide multiple logistics services to a purchasing
company. Some of the significant services offered by 3PL providers in the
Philippines include warehousing, freight forwarding, customs brokerage, product
labeling and packaging, inventory management and fleet management. Demand for
3PL (Third Party Logistics) services has been increasing in the Philippines on
account of increasing need to handle increased delivery and warehousing volume,
owing to booming E-commerce.
Philippines Balikbayan Box Market
The balikbayan boxes serve as an
emotional bridge between parents and siblings who part with their families to
earn a higher wage abroad collectively known as “Overseas Filipino Workers.”
The influx of Balikbayan boxes to the Philippines has been examined to increase
during the holiday season whereas, slow growth was observed in balikbayan box
shipments during off-season.
Comparative Landscape in Philippines Logistics and Warehousing Market
The domestic express delivery firms
have a stronger presence in several cities nationwide whereas, international
express delivery firms dominate the Philippines express delivery market.
The E-commerce logistics industry of
the Philippines was observed to be highly concentrated with the presence of
major players such as Lazada, LBC Express, DHL and Shopee covering around
majority of the market share in the year 2017. These companies were witnessed
to compete on parameters such as shipping points, coverage area, delivery
assistance (last mile) and payment collection medium.
The competition in the Balikbayan box
market has been intensified due to rising presence of a large number of
domestic and international players in the industry.
Future Outlook and Projections
Growing E-commerce industry has given
opportunities to logistics players to expand their business across the nation
and it will further enhance the demand of logistics in coming years. The
logistics and warehousing companies operating within the Philippines are
expected to invest on advanced technologies solutions for instance, autonomous
logistics, real-time tracking, automation and robotics in order to provide an
improved customer service.
Key Segments Covered:
Freight forwarding Market
·
By Mode of
transport
§ Land
Transport
§ Water
Transport
§ Air
Transport
·
By Destination
§ By
International Freight
§ Domestic
Freight
·
By Flow
Corridors
§ Asia
§ North
America
§ Europe
§ Middle East
and others
·
By Owned
Fleet and Rented/3PL Fleet
·
By Normal and
Express Delivery
Philippines Warehousing Market
·
By End Users
§ Food & Beverage
§ Pharmaceuticals
& Medical Consumables
§ Textile and Footwear
§ Electronics
§ Chemicals and
others
·
By International
and Domestic Companies
·
By Business
Model
§ Industrial /
Retail Freight
§ Container
Freight
§ Cold Storage
§ Agriculture and
others
Philippines Express Delivery Market
·
By Type:
§ Air Express
§ Road Express
·
By Delivery
Type
International Delivery and Domestic
Delivery
·
By Business
Mode
B2B, C2C and B2C
Philippines E-commerce Market
·
By Channel
§ E-commerce
merchants
§ 3PL – Third
Party Logistics companies
·
By Time
Duration
§ One Day
Delivery
§ 2 Day
Delivery
§ Same Day
Delivery and others
·
By Area
§ Intracity
§ Intercity
·
By Payment
Method
§ Cash on Delivery
and others
Philippines 3PL Market
·
By Market
§ Freight
Forwarding
§ Warehousing
Philippines Balikbayan Box Market
§ By On-season
§ Off-season
Key Target Audience
·
Freight Forwarders
·
Warehousing Companies
·
Packaging and Labeling Companies
·
Cold Storage Facilities and Transportation Companies
·
Express Delivery Companies
·
E-commerce Logistics Service Providers
·
Postal, Couriers & Messengers
·
Third Party Logistics Companies
·
Inventory Management Companies
·
Warehousing Automation and Technology Services Providers
·
Balikbayan Box Shipment Companies
·
Consulting Companies
·
Private Equity/ VCs/ Investment Banking Companies
Time Period Captured in the Report:
2012-2017 – Historical Period
2018-2023 – Future Forecast
Companies Covered:
Freight Forwarding and Warehousing Companies
Chelsea Logistics Holdings
Corporation, International Container Terminal Services Inc., Lorenzo Shipping
Corporation, Metro Alliance Holdings and Equity Corp., Asian Terminals Inc., AAI
Worldwide Logistics Inc., Kintetsu World Express, Royal Cargo, ABest Express, Agility,
Panalpina, Yusen Logistic Co. Ltd., All Transport Network Logistics (ATN), F2
Logistics, All Systems Logistics (ASL), LF Logistics, Nippon Express, Expeditors
Express and E-Commerce Logistics Companies
LBC Express, 2GO, PHL Post, JRS
Express, Air 21, DHL, FedEx, UPS, TNT, Lazada Express, Shopee
Balikbayan Box
Jolly B Box, Forex Cargo, Afreight
Key Topics Covered in the Report
·
Executive Summary
·
Research Methodology
·
Philippines Logistics and Warehousing Market
Introduction
·
Transport and Logistics Infrastructure in
Philippines Logistics and Warehousing Market
·
Value Chain Analysis in Philippines Logistics and
Warehousing Market
·
Philippines Logistics and Warehousing Market
Size, 2012-2017
·
Philippines Logistics and Warehousing Market
Segmentation, 2012-2017
·
Philippines Freight Forwarding Market
·
Philippines Warehousing Market
·
Philippines Express Delivery Market
·
Philippines E-Commerce Logistics Market
·
Philippines 3PL (Third Party Logistics) Market
·
Philippines Balikbayan Box Market
·
Philippines Logistics and Warehousing Market
Drivers and Trends
·
Regulatory Scenario in the Philippines Logistics
and Warehousing Market
·
Issues & Challenges in Philippines Logistics
Market
·
SWOT Analysis in the Philippines Logistics and
Warehousing Market
·
Company Profiles of Major Players Operating in
the Philippines Logistics and Warehousing Market
·
Philippines Logistics and Warehousing Market
Future Outlook and Projections, 2018E-2023E
·
Analyst Recommendations in Philippines Logistics
and Warehousing Market
·
Macroeconomic Variables affecting Philippines
Logistics and Warehousing Market, 2012-2022E
For more information on the research report, refer to below link:
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