How Myanmar Logistics And Warehousing Market Evolved?
The political turmoil in Myanmar has long been a degrading factor for the country’s trade and logistics facilitation. In a lot of ways, 2011 was the year Myanmar’s economy opened up to the rest of the world when the new democratic government came to power. Foreign investment has since then been steadily coming in and international companies are looking at Myanmar as a potential growth market. The total amount of FDI in Myanmar reached USD 7.5 billion in 2018.
Myanmar Logistics and Warehousing Market consist of various activities such as freight forwarding, warehousing, e-commerce logistics, 3PL services, express delivery and more. The market also consist of value added logistics services such as assembly, consolidation, co-packing, cross docking, direct store delivery, fulfillment, import/export, inspection, inventory management, packaging, pick and pack, pool distribution, record retention, reverse logistics, sorting, transportation management, and more.
The Myanmar Logistics and Warehousing Market was valued at USD ~ million in the year 2013, while at present the market is valued at USD ~ million with a CAGR of ~% during the review period. A key driver behind the recent growth in the market is the strategic location of Myanmar as a gateway between India and ASEAN countries, along with availability of abundant natural resources and cheap labor. Moreover, the current government has been formulating a number of pro-investment policies, with special focus on transportation and infrastructure.
Myanmar is a small country with a population of around 54 million and GDP of approximately USD 70 billion. However there has been underinvestment in Myanmar with respect to the transportation sector, with merely 5% of government expenditure going towards the Transport and Communications sector even though Transportation services contribute 11.2% to the GDP.
Myanmar Freight Forwarding Market Segmentation
Revenue by Mode of Freight Transport
Road Transport dominates the freight forwarding market with a share in overall market revenue of ~%. Sea freight was mostly international, domestic sea freight contributes ~% to the revenues. Sea import volume was ~ thousand tons whereas sea export volume was ~ thousand tons.
Revenue by Intercity Road Freight Corridors
Yangon-Mandalay is the prime local freight corridor and constitutes ~%
of intercity road freight revenues.
Revenue by International Road Freight Corridors
Myanmar engages in cross
border trucking with China, Thailand and India, with a share of ~%, ~% and ~% respectively
in international road freight revenue.
The major end users of freight
forwarding services in Myanmar include Industrial and Construction ((Oil and
Gas, Cement, Steel, Bricks, Tiles, Glass Products etc), FMCG (Electronics,
Household Goods, Toiletries etc), F&B (Meat, Poultry, Seafood, Fruits,
Vegetables, Packaged Drinks etc), Retail (Garments, Cosmetics, Shoes, Bags etc)
and Others (Automotive, Telecom, Technological, Pharmaceuticals and Others).
Myanmar Warehousing Market Segmentation
Revenue by End Users
The major end users of warehousing
services in Myanmar include the Industrial and Construction, FMCG, F&B,
Retail and Others with a share of ~%, ~%, ~%, ~% and ~% respectively. The F&B
sector also creates a demand for cold storage for perishable items. The consistent rise in the number of
modern retail outlets has during the period 2013 to 2018 led to an increment in
the demand of warehouses as well.
Revenue by Type of Warehouse
General warehouses are the most prevalent type of warehouses in Myanmar, with a revenue share of ~%. The average rental rate for a warehouse in Myanmar is USD ~ per SQM per month and the overall warehousing space is ~ SQM.
Revenue by Operation Model
The industrial/retail freight segment has dominated the overall Myanmar warehousing market with a massive revenue share of ~% in the year 2018. Thilawa SEZ is the major industrial zone in the country right now.
Warehousing Space by Regions:
Yangon and Mandalay are the two most prime locations in Myanmar in terms of trade and logistics. Therefore, the warehousing space in Myanmar has been clustered around these two regions with a share of ~% and ~%.
Myanmar Courier, Express and
Parcel Logistics Market
Revenue by Type of Service
The major segments of express logistics in Myanmar include mails and documents, e-commerce parcels, express cargo and express cold chain, with a share of ~%, ~%, ~% and ~% respectively. Express cargo dominates the market in term of revenue, mainly due to prosperous Manufacturing Sector which contributes a share of 25.5% to the GDP and also the increasing volumes of foreign trade, FMCG and Retail Sector.
Number of Shipments by Domestic and International Shipments
Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are domestic and ~% are international. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are domestic and ~% are international.
Number
of Shipments by Air and Road Express
Annual number of shipments of mails and
documents in Myanmar is ~, out of which ~% are through air express and ~% are through
road express. Annual number of shipments of e-commerce parcels in Myanmar is ~,
out of which ~% are through air express and ~% are through road express.
Key Segments Covered:-
Freight
Forwarding Market
Revenue by Mode of Freight Transport
Road Freight (Domestic and International Volume, FTK and Revenue; Number of Registered Vehicles)
Ocean Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity, Sea Port Statistics)
Air Freight (Domestic and International Volume, FTK and Revenue)
Rail Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity and Region)
Freight Revenue by Intercity Road Freight Corridors
Yangon-Mandalay
Yangon-Muse
Yangon-Myawaddy
Others
Revenue By International Road Freight Corridors
Mandalay-Muse-Kumning
Yangon-Myawaddy-Mae Sot
Mandalay-Tamu-Manipur
Revenue by 3PL and Integrated Logistics
3PL Revenue
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)
Warehousing
Market
Revenue by Operation Model
Industrial/Retail
ICD/CFS
Cold Storage
Revenue by Type of Warehouse
General Warehouse
Open Yard
Chillers/Freezers
Ambient Warehouse
Bonded Warehouse
Revenue by Contract and Integrated Logistics
3PL
Integrated Logistics
Revenue by End User
Industrial and
Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics,
Household Goods, Toiletries etc)
F&B (Meat,
Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)
Retail (Garments,
Cosmetics, Shoes, Bags etc)
Others (Automotive,
Telecom, Technological, Pharmaceuticals and Others)
Warehousing Space By Region
Yangon
Mandalay
Others States and Regions
Courier, Express and Parcel Logistics Market
Revenue by Segment
Mails and Documents
E-Commerce Parcels
Express Cargo
Express Cold Chain
Number of Shipments by Domestic and International
Domestic (Mails and Documents and E-Commerce Parcels)
International (Mails and Documents and E-Commerce Parcels)
Number of Shipments by Air and Ground Express
Air Express (Mails and Documents and E-Commerce Parcels)
Ground Express (Mails and Documents and E-Commerce Parcels)
3PL
Logistics Market
Revenue by Segment
Freight Forwarding
Warehousing
Value Added Services
Third Party Freight Forwarding Revenue by Phase of Delivery
Hub-Hub
Hub-Spoke
Spoke-Door
Third Party Freight Forwarding Revenue by Domestic and International
Domestic
International (Inbound and Outbound)
International Third Party Freight Forwarding Revenue by Cargo Category
Raw Materials (Building material, machinery, cement, steel, glass, textiles and others)
Spare Parts (Electronic tools, transport equipment spares and other spares)
Finished Goods (Garments, Electronics, Shoes, Bags and others)
Snapshot
on E-Commerce Logistics Market in Myanmar
Snapshot on Last Mile Delivery Services in Myanmar
Companies Covered:-
DB Schenker
DHL
Yusen Logistics
Bollore Logistics
Rhenus Logistics
Kerry Logistics
Kuehne Nagel
OV Logistics
Maersk
Mediterranean Shipping Company
Kargo
Kospa Logistics
Damco
Ryobi Myanmar Distribution
CEA Project Logistics
Daizen
EMS
DHL Express
MGL Express
UCL Express
Royal Express
SBS Express
Myanmar Zarla Distribution
RG Express
Marathon Express
Key Target Audience:-
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
For More Information, refer to below
link:-
Myanmar
Logistics and Warehousing Market
Related Reports:-
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
No comments:
Post a Comment