The report titled “Philippines
Warehousing Market Outlook to 2023 – By
End User (Food and Beverage, Pharmaceuticals and 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) and By Third Party Warehousing”
by Ken Research suggested a growth at a noteworthy six
year CAGR of 9.5% in terms of revenue in the Philippines warehousing market in
next 5 years till the year ending 2023E.
Increasing manufacturing activities in the
Philippines, rising domestic consumption and international trade activities
were some of the primary growth drivers of warehousing in the Philippines.
Warehousing companies in the Philippines are usually
competing with each other on the basis of the size and location of the
warehouse. The location of the warehouse has to be appropriate to the customer needs
which reduces extra cost of transportation and increases time efficiency. The
other important factors which influence the choice of warehouse are
technologies/automation used in the warehouses; value added services,
GDP-certified temperature and humidity-controlled environment and others. Philippines
witnessed an increase in trade flow over the years which positively affected
the demand for transportation and storage facilities. The country witnessed an
increase in the number of cold storage warehouses over the years from 125
warehouses during 2012 to 256 warehouses during 2017. Moreover, year on year
increase in cumulative cargo throughput in the country had a positive influence
on the overall Philippine warehousing industry.
The companies offering warehouse services are also
focusing on providing other value added services such as inventory management,
asset management, inventory recording, real time inventory data analysis and
others to the clients. Factors such as rising external trade, growth across
major industry segments such as automobile, pharmaceutical, fast moving
consumer goods (FMCG) and the emergence of retail and E-commerce have
favourably influenced the growth of warehousing industry in the country.
Keywords
Warehousing Market Philippines
Philippines Warehousing Market
Philippines Warehousing Market Research Report
Philippines Warehousing Market Growth
Philippines Warehousing Industry Research Report
Warehousing Businesses Philippines
History of Warehousing Philippines
How Warehousing Business Evolved Philippines
The Role of Warehousing the Philippines
The Current Situation of Warehousing Philippines
Demand for Warehousing Services Philippines
Philippines
Warehousing Industry
Philippines
Warehousing Emerging Market Trends
Types of Warehouses Philippines
Warehouses required for Industrial Freight Philippines
Container Freight Warehouses Philippines
Cold Storage Warehouses Philippines
Snapshot on Philippines Warehousing Industry
Philippines Warehousing Market Size
Warehousing Services Philippines
Warehousing Services Metro Manila
Philippines Warehousing Market Competition Scenario
How Companies are competing Philippines Warehousing Industry
International Warehousing Companies Philippines
Domestic Warehousing Companies Philippines
Number of Warehousing Service Providers Philippines
List of Warehousing Service Providers Philippines
Major Players Operating Philippines Warehousing
Government Regulations Philippines Logistics
Warehousing Future Outlook Philippines
Improving
Philippines Warehousing
Emerging
Warehousing Technologies Philippines
Future analysis of
Philippines Warehousing industry
Key
Segments Covered
By
End User
·
Food and Beverage
·
Pharmaceuticals and Medical Consumables
·
Textile and Footwear
·
Electronics
·
Chemicals
By
Companies
·
Domestic Companies
·
International Companies
By
Business Model
·
Industrial/Retail Freight
·
Container Freight
·
Cold Storage
·
Agriculture
By
Warehouse Ownership
·
Rented
·
Owned
Key
Target Audience
·
Warehousing Companies
·
Warehouse Contractors and Constructing
Companies
·
Logistics Association
·
Cold Storage Companies
·
Food & beverage, Pharmaceuticals,
Textiles & Footwear, Electronics and Chemicals Companies
·
Private Equity/ VCs/ Investment Banking
Companies
Companies
Covered:
·
Chelsea Logistics Holdings Corporation
·
Metro Alliance Holdings and Equity Corp.
·
Asian Terminals Inc.
·
AAI Worldwide Logistics Inc.
·
Kintetsu World Express
·
Royal Cargo
·
Panilpina
·
Yusen Logistic Co. Ltd.
·
All Transport Network Logistics (ATN)
·
F2 Logistics
·
All Systems Logistics (ASL)
·
LF Logistics
·
Expeditors
·
Orient Freight International
·
MMG Corporation Philippines
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information on the research report, refer to below link:
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