The
report titled “Philippines
Freight Forwarding Market Outlook to 2023 – By Land Transport, Water Transport and Air Transport; By International
and Domestic Freight; By Flow Corridors; By Third Party Logistics and By
Express Delivery” provides a comprehensive analysis
of freight forwarding services in the Philippines. The report focuses on
overall market size for freight forwarding in the
Philippines, Philippines freight forwarding market segmentation by mode of
transport (land transport, water transport and air transport), by international
and domestic freight, by flow corridors (Asia, North America, Europe, Middle
East and others), by owned and rented/3pl fleets and by normal and express
delivery”. The report also covers the overall competitive landscape and government
role and regulations. The report concludes with market projection for future for
every single market described above and analyst recommendations highlighting
the major opportunities and cautions for overall Philippines freight forwarding
market.
Philippines Freight
Forwarding Market Overview and Size
The growth of freight forwarding
in Philippines was supported by development in major industries such as
manufacturing, retail, wholesale, construction, agriculture and mining.
Expanding FMCG sector, retail sector, food and E-commerce industry in the country
has attributed to the extraordinary growth of the freight forwarding industry
in the country. The Philippines market witnessed the entry of many foreign
players as flexible policies were introduced by the government of South Korea
to boost economic growth. Entry of new players has further aided the demand in
the freight forwarding market.
Philippines Freight
Forwarding Market Segmentation
By Mode of
Transport
Logistics market in Philippines
was largely dominated by road freight forwarding industry during the review
period. Freight transport by road has been mainly utilized for domestic
transport of goods and commodities by various industry sectors in the
Philippines. In 2017, it was basically followed by water transport and air
transport respectively.
By Major
Flow Corridors
Asia flow corridor is the largest
contributor in terms of revenue in the freight forwarding market. This growth
has been attributed on the account of strategic location and trade strategy of
various companies trying to expand their operations in other Asia Pacific
countries. It was followed by North America, Europe, Middle East and other flow
corridors.
By Owned and
Rented/3PL Fleet
Owned fleet dominated the
Philippines freight forwarding market. It was witnessed that large scale domestic
companies majorly prefer to operate through their own fleet. On the other hand,
the rented fleet companies were observed to capture the remaining revenue share
in the market.
By Delivery
Type:
Normal delivery services are
generally preferred where there is no urgent requirement for ordered goods. In
Philippines, majority of the customers prefer the cheapest form of shipping and
are witnessed to wait for longer durations. On the other hand, the demand for
express delivery is majorly driven by corporates, C2C and e-commerce customers.
The e-commerce companies have been depending on 3PL companies to carter to the
need of faster delivery and focus on their core competency which has aided the
growth of express delivery segment in Philippines.
Comparative
Landscape in the Philippines Freight Forwarding Market
The freight forwarding industry
in the country is highly fragmented with the presence of both domestic and
international players in the industry. Companies in the Philippines have been
focusing towards providing data oriented solutions and other services for
operational excellence, timely customer support and the effective adherence of
the consumers’ expectations, thus providing customer satisfaction and retain
customers.
Philippines Freight
Forwarding Market Future Outlook and Projections
Over the forecast period, the
Philippines will witness construction of many new roads and bridges which will
aid against the traffic congestion problem in the country and positively affect
the trucking industry, hence aiding the domestic logistics. The freight
forwarding industry in the Philippines will continue to dominate the overall
logistics market in the coming years. 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.
Key Segments
Covered
By Freight
Movement
·
Road
·
Air
·
Sea
By Delivery:
·
Normal
·
Express
By Freight
Forwarding
·
International
·
Domestic
By Flow
Corridors
·
Asia
·
North America
·
Europe
·
Middle East
By Companies
·
International Companies
·
Domestic Companies
Key Target
Audience
·
Shipping Companies
·
Freight Forwarders
·
Logistics Association
·
Express and E-Commerce Logistics Companies
·
Consulting service providers
·
Private Equity/ VCs/ Investment Banking Companies
Time Period
Captured in the Report:
2012-2017 – Historical Period
2018-2023 – Future Forecast
Companies
Covered:
·
LBC Express
·
2Go
·
PHL Post
·
JRS Express
·
Air 21
·
DHL
·
FedEx
·
UPS
·
TNT
·
Lazada Express
·
Shopee
·
Jolly B Box
·
Forex Cargo
·
Afreight
·
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
Key Topics Covered in the
Report
·
Executive Summary
·
Research Methodology
·
Transport and Logistics Infrastructure in
Philippines Logistics and Warehousing Market
·
Philippines Freight Forwarding Market
Ø Philippines Freight Forwarding Market Introduction
Ø Philippines Freight Forwarding Market Size, 2012-2017
Ø Philippines Freight Forwarding Market Segmentation, 2012-2017
Ø Competitive Landscape in Philippines Freight Forwarding Market
Ø Philippines Freight Forwarding Market Future Outlook and Projections,
2018E-2023E
·
Philippines 3PL (Third Party Logistics) Market
Ø Philippines Third Party Logistics Market Introduction
Ø Value Chain Analysis in the Philippines 3PL (Third Party Logistics)
Market
Ø Philippines Third Party Logistics (3PL) Market Size, 2012-2017
Ø Cross Comparison of Philippines 3PL with Asia Pacific 3PL Market, 2016
Ø Philippines 3PL Market Segmentation, 2017
Ø Issues and Challenges Faced By 3PL (Third Party Logistics) Companies in
the Philippines
Ø Future Outlook and Projections of Philippines 3PL (Third Party
Logistics) Market, 2018E-2023E
·
Philippines Balikbayan Box Market
Ø Philippines Balikbayan Box Market Introduction
Ø Philippines Balikbayan Box Market Size, 2012-2017
Ø Philippines Balikbayan Box Market Segmentation, 2017
Ø Competitive Landscape in Philippines Balikbayan Box Market
Ø Philippines Balikbayan Box Market Future Outlook and Projections,
2018E-2023E
·
Regulatory Scenario in the Philippines Freight
Forwarding Market
·
Company Profiles of Major Players Operating in
the Philippines Freight Forwarding Market
·
Analyst Recommendations in the Philippines
Freight Forwarding Market
For more information on the
research report, refer to below link:
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