Analysts at Ken
Research in their latest publication “Philippines Express and E-Commerce Logistics Market
Outlook to 2023 – By Air Express and
Road Express, By International Express and Domestic Express, By B2B, C2C and
B2C Model, By E-Commerce Merchants and 3PL Companies” believe
that infrastructural development, E-commerce tie-ups, technological advancement
and robust customer feedback system will have a positive impact of market. Philippines
express delivery market is expected to register a positive CAGR of 9.0%
whereas; Philippines E-commerce logistics market is expected to register a
massive CAGR of 24.6% during the forecast period 2018E-2023E.
Philippines express
delivery market segmentation by air express and road express, by delivery type
(international delivery and domestic delivery), by business mode (B2B, C2C and
B2C); Philippines E-commerce market segmentation by channel (E-commerce merchants
and 3PL – Third Party Logistics companies), by time duration (one day delivery,
2 day delivery, same day delivery and others), by area (intracity and
intercity), by payment method (cash on delivery and others); Company Profile of
Major Players Operating in Philippines Express and E-Commerce Logistics Market
(LBC Express, 2Go, PHL Post, JRS Express, Air 21, DHL, FedEx, UPS, TNT, Lazada
Express, Shopee and Others)
·
Express services are likely to become more
significant in near future as Filipino economy is increasingly becoming integrated
due to rapid growth in international trade services.
·
Growth in the country’s E-commerce industry
will drive the country’s express delivery market owing to the rising demand of
this service for B2C business segment.
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 Philippines logistics sector. The
rising need for time bound deliveries coupled with quality service is expected
to drive the express delivery market in the coming years. Furthermore, the need
for time bound deliveries will increase with economic growth and development of
trade and commerce thus creating growth opportunities for the express industry.
Additionally, the growth of B2C segment has inclined the need for quick
delivery of goods to the customers and door to door deliveries. Some of the key players including DHL, Fed
Ex, TNT Express and UPS are projected to dominate the express delivery market
in the near future.
Philippines
E-commerce logistics market is expected to drive up the demand because of
expected surge in internet penetration, especially its exposure to the youth.
Moreover, internet has forced several companies to alter their strategies to
cater to the younger generation. Along with the introduction of new web
technologies and surging E-commerce operations, last mile logistics has gained
popularity in Philippines, especially amongst domestic shipping companies in
the country. Major E-commerce logistics
firms in Philippines have shifted their focus on timely, reliable and a safe
delivery of products, thereby making it an integral part of their system for
creating customers.
Keywords
Express Delivery Market Philippines
E-Commerce Logistics Market Philippines
Philippines Express Delivery Revenue
Philippines E-Commerce Logistics Cost
Growth Philippines E-Commerce
E-Commerce
Logistics Players in Philippines
International Express Delivery Firms in Philippines
Domestic Express Delivery Firms in Philippines
Philippines Express Delivery Competition
Philippines E-Commerce Logistics Future
Philippines E-Commerce Logistics Growth
Philippines Express Delivery Technology
Express Delivery Services in Metro Manila
Normal and Express Delivery in Philippines
List of Express Delivery Firms in Philippines
List of E-Commerce Logistics Players in Philippines
Major Players Philippines Express Delivery
Philippines E-Commerce Logistics Competition
Philippines Express Delivery News
Philippines E-Commerce Logistics News
Government Regulations Philippines Logistics
Philippines Express Delivery Trends
Philippines E-Commerce Logistics Future
E-Commerce Logistics Forecast Philippines
Express Delivery Forecast Philippines
Future Express Delivery Services Philippines
For more
information on the research report, refer to below link:
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