Showing posts with label Philippines Logistics Market. Show all posts
Showing posts with label Philippines Logistics Market. Show all posts

Monday, August 21, 2023

Uncovering Philippines' Logistics: Will it Triumph Over Customs Challenges and Resource Reliance? : Ken Research

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In the dynamic landscape of the Philippines' logistics industry, a crucial question looms: Can it maintain its growth trajectory while grappling with inefficient customs clearance processes and a heavy reliance on human resources? The industry's potential for expansion is undeniable, yet the road ahead is fraught with challenges. As the nation strives to position itself as a regional logistics hub, the intricate balance between sustained growth, streamlined customs procedures, and optimizing human capital becomes paramount. In this exploration, we delve into the interplay of factors shaping the industry's evolution. Want to know how the market navigates through these hurdles? Read the complete White paper.

1. Philippines, with a population of 113.9 Mn, is one of the most lucrative and fastest-growing economies in ASEAN with a GDP of $394 Bn in 2021, opens up a sea of opportunities for the logistics sector

Philippines Logistics Market

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2. The country’s transportation sector suffered due to cross-border restrictions, but E-commerce played a crucial role in keeping the logistics market afloat during the pandemic

Philippines Logistics Market

3. Government’s support with better Infrastructure, Rise in demand from E-Commerce Sector, and Growth in Digital Logistics are some of the growth drivers in the Philippines Logistics Market

Philippines Logistics Market

4. Yet, the logistics industry faces challenges in the form of Inefficient custom clearance processes, high dependence on human resources, and traffic congestion in major regions indirectly affect the freight industry too

Philippines Logistics Market

4.1 The Freight industry faces cascading issues driven by the logistics sector such as high traffic congestion and inefficient supply chain processes which leads to increased operating costs

Philippines Logistics Market

4.2 Facing such shortcomings in the freight segments, the majority of the companies have GPS-enabled vehicles and are aiming to adopt modern technologies like platooning and autonomous vehicles in the coming years to make the industry more robust

Philippines Logistics Market

Some of the Intelligence Curated by Ken Research in Logistics Market Space:

  • Vietnam Logistics Market Outlook to 2027 Driven by Infrastructural and Government Investments Coupled with the Growth of E-Commerce Sector in Vietnam
  • UAE Cold Chain Market Outlook to 2027 Driven by rising consumption of dairy, meat and seafood, smooth domestic and international connectivity and automation in warehouses
  • Vietnam Cold Chain Market Outlook to 2026 Driven by Rising Meat and Seafood Consumption and Increasing Awareness of Applying Cold Chain in Protecting Foods in Vietnam
  • KSA Warehousing Automation Market Outlook to 2027 Driven by Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization to Pave Strong Grounds for Automation
  • South Korea Warehouse Automation Market Outlook to 2027 Driven By increasing demand from end-user industries and factors such as increasing labor cost and labor shortage in the country

To Know more about this Whitepaper, Visit this link:-

Philippines Logistics Industry

Monday, July 31, 2023

Autonomous Cargo Vehicles, B2C Orders, and Gen Z: Fueling the Growth of Philippines' On-Demand Logistics Market and What’s more?: Ken Research

 The On-Demand Logistics Market in Philippines is moderately fragmented with competitive rivalry among the competitors. Some of the popular Logistics brands like Food Panda, Lalamove, Gomoto etc compete on the basis of Delivery Cost, Number of Orders, Network Coverage, B2B Clients and more.

E-Platform Players in Philippines Logistics Market

1. Growth Drivers for the Philippines On-Demand Logistics Market: Consumer Behavior Shifts Towards Convenience, Unplanned Ordering, and Gen-Z Indulgence.

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  • Increasing usage of advanced mobile applications and banking solutions for the customers has made it easier for them to shop online with faster deliveries and live tracking as trends.
  • Increased affinity of online and Gen-Z customers towards top-up and indulgence purchases driving the segment. Also, the rising unplanned online ordering behavior from metro and tier I cities is also a contributing factor in the rise of the segment.
  • On-Demand logistics which is the natural evolution of e-commerce is the result of changing lifestyles and consumer behavior. COVID-led change in consumer behavior towards using online as a replacement for local grocery stores.
  • Willingness to pay for premium products, growing market for easy-to-cook products at-home delivery, demand for healthy and nutritional products, rising consumption of newer products through global experiences. Shift in consumer behavior from value-seeking to convenience-seeking, resulting in weekly, small-sized purchases rather than larger, monthly purchases driving the demand for on-demand logistics market.

2. Rise of Instant Delivery Platforms: Filipinos Drive B2C Orders in 2021, Fueled by Growing Millennial Population.

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  • With smartphone apps and traffic growing year-over-year, B2C orders are on rise in Philippines.
  • With rising millennial population companies are offering services to cater to the demands of the next gen consumer.
  • B2B orders are also on rise, the major category is consumer durables and electronics and last mile delivery - high penetration and acceptance of online channel in E-B2C are expected to have a domino effect on E-B2B.

3. Driving Tech Trends in the Philippines On-Demand Logistics Market: Early Adoption of Autonomous Delivery and Cost-Driven Innovations.

  • Several players are already piloting last mile, urban deliveries with car-size vehicles (or a little smaller) operating on streets and intended to become autonomous.
  • Philippines is preparing to use drones to deliver food and groceries soon and the drone delivery of medical supplies. Usage deployment is likely to be the highest in low density urban or rural areas.
  • Allow customers to select any locker location as their parcel delivery address. They can then retrieve their orders by entering a unique pick-up code, removing the need for human involvement. Amazon, Home Depot and Walmart are major retailers to follow the suit.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report: 

  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report: 

  • Historical Period: 2018-2021
  • Base Year: 2021
  • Forecast Period: 2021-2026

For More Insights On Market Intelligence, Refer To The Link Below: –

Philippines On-Demand Logistics Market Outlook to 2026

Related Reports By Ken Research:-

UAE Logistics Market Outlook to 2026

Indonesia Logistics Market Outlook to 2027

Friday, June 2, 2023

The Philippines freight and Logistics Market is expected to reach over USD 20 Mn by 2027. Will Philippines continue this growth trajectory? Ken Research

 1. Increasing Startups in the Philippines

Philippines Logistics Market

Trends and Developments in Philippines logistics Market

  • Most of the startups are specialized in financial technology, healthcare, tourism, education, new technologies, real estate and others which have aided the online logistics industry.
  • Some of the popular startups launched in the Philippines include zennya, Sprout Solutions, Coins.ph, Kalibrr, mClinica, Ayannah, Squadzip, engageSPARK, Edukasyon.ph, Pushkart.ph. and several others.
  • The Philippines is a thriving market for investors, as the country’s economic situation is growing and the majority of the population are young workers and frequent internet users. The Philippines E-commerce industry is growing as more and more young entrepreneurs are launching their businesses in the country.
  • The Philippines have around 700 start-ups as of October 2021, an increase of 156 % from 273 start-ups in 2017. The number of start-ups in the country is expected to keep growing in succeeding years.

2. Increasing Trade Activities in Philippines

Philippines Logistics Market

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The Philippine economy grew by 5.7 % in 2021, beating the government’s 5-5.5 % target range and rebounding from the 9.5 % pandemic-induced recession in 2020.  This strong economic performance, the second fastest in ASEAN, brought the Philippines closer to its pre-pandemic 6.6 % average gross domestic product (GDP) growth rate from 2012-2019.

The Philippines has been considered as one of the most strategic locations in the Indo-Pacific Ocean. The rapid evolution of its logistics industry has been credited to high trade traffic in both international and domestic market. The country has been considered as a trade hub due to the export of electronics, raw fibres and import of apparels and other products. The presence of such system of high volume exchange of goods has propelled the growth of the logistics industry in the Philippines.

3. Entry of Foreign Players are merging with domestic players to set an industry benchmark

Philippines Logistics Market

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The rapid evolution of the logistics market in the Philippines has also resulted due to the advent of international players. Companies such as DHL, TNT and F6edEx have penetrated the local Filipino market through effective collaborations with domestic companies. These companies have been responsible for the establishment of industry benchmark for the use of technology in logistics sector. Apart from the major organizations, the logistics sector in the Philippines has been also comprised of a number of small scale service providers which operate on contractual basis. Many of these small scale organizations have focused their target areas to remote locations in the country which do not possess the presence of any major players.

Friday, January 27, 2023

The Philippines Logistics Market is expected to grow at a CAGR of 8.2%, 2022P- 2027F owing to the Rapid Improvement in the Logistics Infrastructure by the government: Ken Research

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Philippines Logistics Market Ecosystem

The Philippines Logistics Market is in the growing stage, being driven by increasing demand for food, beverages, and manufacturing products. There are several players in the Philippines Logistics market some of which are Royal Cargo, W Express (DHL), 2Go Logistics, Yusen Logistics, and AAI Logistics.

  • Chinese, Dutch, Japanese and Taiwanese investors have committed to either put up or expand existing logistics facilities in southern Luzon, Philippines.
  • Rise in e-commerce with internet penetration (73.9 Mn Users, 2021) has increased the demand for industrial freight warehouses in the country.
  • Being an archipelago and Import Oriented country extremely dependent on Sea, ICDs are used extensively at ports and airports.

Philippines Logistics Market

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Improving Road Transportation and Warehousing Infrastructure: The Philippines government has undertaken major infrastructure development projects like "Build Build Build” to expand the logistics services of the country in near future. Additionally, to meet the increasing demand for refrigerated storage, several cold chain operators are anticipated to expand their businesses and build numerous new cold storage facilities which will provide a boost to Philippines cold storage industry.  The logistics sector in the country is going through a new wave of technological advancements that are crucial for both the organic growth of logistics businesses and for end customers of those services.

High Demand for Road and Sea Transportation: The development of currently existing technology and technological tools is anticipated to spur expansion in the warehousing industry. Platooning and the use of electric cars are also helping to tackle cargo theft and lower the cost of freight transportation as the country's logistics sector shifts towards digital growth. A growing middle class, rising consumer spending, and young, tech-savvy population in the Philippines are driving the expansion of e-commerce and will further increase the need for logistics services over the next ten years. Additionally, in the upcoming years, the populace will have economic prospects in logistics owing to initiatives like the RESPOND Project and PCCP Project.

Increasing Inflow of Investments: The logistics market in the Philippines is highly fragmented, with both domestic and international companies present. Royal Cargo, 2Go Logistics, Fastcargo Logistics, Nippon Express, W Express (DHL), and others are among them. A significant trend that is expected to drive market growth is that warehousing players are constructing warehouses closer to the people to whom they deliver. This strategy is used to meet the demand for express deliveries. Furthermore, most companies will use modern technologies such as automated robots, cloud computing, and drones, which will increase the country's logistics competition scenario.

Analysts at Ken Research in their latest publication Philippines Logistics Market Outlook to 2027F- Driven by the Rising Demand from Manufacturing, F&B, Retail, and other industries along with increasing Government Initiatives to Strengthen the Logistics Infrastructure” observed that Philippines Logistics Market is in a growing phase. Increased budget allocation for infrastructural development in the region by the government and technological development are some of the factors that will contribute to the Philippines Logistics market growth over the period of 2022P-2027F. It is expected that Philippines Logistics Market will grow at a CAGR of 8.2% for the above-forecasted period.

Key Segments Covered in the report: -

Philippines Logistic Market

Market Segmentation by Services

  • Freight Forwarding
  • Warehousing
  • CEP
  • Value Added Services

Philippines Freight Forwarding Market

By Mode of Freight

  • Sea freight
  • Road Freight
  • Air Freight

By Type of Freight

  • International Freight
  • Domestic Freight

Philippines Warehousing Market

By Type of Warehouses

  • Industrial Freight/Retail
  • Container Freight/ICD
  • Cold storage
  • Agriculture and Others

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Philippines Cold Chain Market

By Type

  • Cold Storage
  • Cold Transport

Cold Storage Market

By Temperature Range

  • Frozen
  • Chillers
  • Ambient

By Automation

  • Automated Pallets
  • Non-Automated Pallets

By Major Cities

  • Metro Manila
  • Cebu
  • Mindanao
  • Other

Cold Transport Market

By Truck Type

  • Reefer Vans/Trucks (1 to 10 Tons)
  • 20-foot reefers (10 - 20 Tons)
  • 40-foot reefers and others (more than 20 tons)

By Mode of Transportation

  • Land
  • Sea
  • Air

By Location

  • Domestic
  • International

By Vicinity

  • Inter-city
  • Intra-city

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Philippines Express Logistics Market

By Location

  • Domestic
  • International

 By Vicinity

  • Inter-city
  • Intra-city

By End Users

  • Food and Beverage
  • Textile and Footwear
  • Pharmaceuticals
  • Electronics
  • Chemicals
  • Others

Key Target Audience

  • Total Logistics Companies
  • Contract Logistics Providers
  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

  • Historical Period: 2017-2022P
  • Base Period: 2022P
  • Forecast Period: 2022P-2027F

Companies Covered:

Philippines Logistics Market Companies:

  • Royal Cargo
  • W Express (DHL)
  • 2Go Logistics
  • Yusen Logistics
  • AAI Logistics
  • FSTA Trucking
  • Inland Logistics
  • Chelsea Logistics
  • RLH Trucking
  • Airspeed
  • Agility
  • LF Logistics
  • Rhenus Logistics
  • Fastcargo Logistics

Philippines Warehousing Market Companies:

  • Fastcargo Logistics
  • LF Logistics
  • Royal Cargo
  • 2Go Logistics
  • Nippon Express
  • Mets Logistics
  • Expeditors
  • Kintetsu World Express
  • Agility
  • AAI Logistics
  • Orient Freight International Inc
  • AGX Logistics
  • KB1 Logistics

Key Topics Covered in the Report

  • Infrastructure Overview of the Philippines
  • Philippines Logistics Market, 2017 – 2027F
  • Ecosystem- Philippines Logistics Market
  • Philippines Logistics Market Size, 2017-2022P
  • Philippines Logistics Market Size, 2017-2022P
  • Regulatory Landscape for Philippines Logistics Market
  • SWOT Analysis of Philippines Logistics Market
  • Growth Drivers for Philippines Logistics Market
  • Challenges in Philippines Logistics Industry
  • Impact of Covid-19 on Philippines Logistics Market
  • Philippines Logistics Future Market Size, 2022P-2027F
  • Philippines Freight Market Executive Summary
  • Industry Ecosystem and Value Chain Analysis of Philippines Freight Market
  • Philippines Freight Market Size, 2017-2022P
  • Philippines Warehousing Market Executive Summary
  • Business cycle and Genesis of Philippines Warehousing Market
  • Philippines Warehousing Market Overview, 2017-2022P
  • Philippines Cold Chain Market Executive Summary
  • Business Cycle of Philippines Cold Chain Market
  • Philippines Cold Chain Market Size, 2017-2022P
  • Philippines Cold Chain Market by Cold Storage and Cold Transport, 2017-2022P
  • Market Sizing Analysis of Philippines CEP Market, 2017-2022P
  • Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
  • Philippines E-commerce Market Overview, 2017-2022P
  • Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
  • Philippines Logistics Industry Segmentation by End Users
  • Competitive Scenario of Logistics Players in Philippines
  • Analyst Recommendation

For More Information On The Research Report, Refer To Below Link: -

Future Outlook of Philippines’ logistics sector

Related Reports by Ken Research: -

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Tuesday, January 10, 2023

Philippines logistics Market is forecasted to grow to PHP ~1160 Bn market by 2027F: Ken Research

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1.  Philippine Logistics Industry grew in 2022P owing to the surge in demand from e-commerce and increased investment in infrastructure by the government.

Philippines Logistics Industry

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The logistics sector in the Philippines is expanding rapidly (CAGR - 6.3%), owing primarily to the growth of the e-commerce sector and the increased use of cutting-edge technology such as supply chain automation and digital platforms to improve efficiency. Another growth driver that is driving the logistics market in the country is increased infrastructure investment in projects following Covid-19 to improve the transportation and logistics sectors in general. Major industries contributing to the revenue of the logistics market in the Philippines include F&B, Manufacturing, Electronics, Automotive, Pharma, and more.

2. The Logistics Industry in the Philippines is expected to witness a Rise in International Trade, Improvement in Infrastructure, and Growth in Automation in the next few years.

Philippines Logistics Industry2

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Major infrastructural development plans are taken up by the Government of the Philippines like 'Build Build Build" which is to drive the infrastructural development in the country. In addition to this, the cold storage industry is experiencing a new wave of technological developments that are critical for end users of cold storage services as well as the organic growth of cold storage companies. The warehousing industry will see an increase in the use of technology and automation as major players adopt robotics technology. Moreover, contract logistics and express providers will benefit from rapidly modernizing retail and a growing automotive sector.

3. Covid had an impact on the Philippines' logistics market in a variety of sectors, including transportation and the CEP market.

Philippines Logistics Industry3

Supply chains were severely impacted during Covid-19 all around the world. The Philippines also suffered from the scarcity of raw materials, factories closed, and disruption in the supply chain due to cross-border restrictions. With this, the transportation industry in the country also suffered during covid crisis. For instance, there was a huge drop in the revenue generated by cold transportation market. The cold transportation market fell in 2020. But even after all this the E-commerce industry in the country experienced positive growth during Covid. It was a major contributor to the GDP during the period.

4. Inefficient custom clearance process, high dependence on human resources, and traffic congestion in major regions such as Metro Manila are some of the major challenges faced by the logistics industry.

Philippines Logistics Industry4

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Customs clearance has been a major barrier and source of pain for importers in the Philippines. It can take up to 20 days to complete the entire process. Moreover, the reliance on human resources increases the possibility of errors, resulting in dissatisfied customers. Furthermore, traffic congestion in areas such as Metro Manila is a major cause of delays in goods delivery, and the islands that are further away from economic centers have poor connectivity and high logistics costs.

Monday, January 9, 2023

Strong government initiatives as well as high consumer demand are some of the key factors in the Philippines’ logistics sector. Ken Research

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The growth of e-commerce in the country along with infrastructural improvements in the logistics sector are some of the major factors contributing to the development of the logistics market in the Philippines.

Expansion of logistics in the country: The Philippines’ logistics industry is expanding and it contributes 4-6% to the country’s overall GDP. Food and Beverage, manufacturing, electronics, automotive, pharma, and other sectors contribute significantly to the Philippines' logistics market's revenue.  The demand for cold storage facilities from the pharmaceutical and healthcare sectors, QSRs, meat and poultry business, dairy products, and other perishable goods have led to the growth of the cold chain market.

philippines-logistic-market

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Technological advancement at a faster pace: The e-commerce boom, and increased use of cutting-edge technologies in supply chain automation and digital platforms to promote efficiency, are all contributing to the Philippines' logistics sector's rapid growth (CAGR - 6.3%). The increase in logistics activities at the start of COVID-19 was a major factor in the growth of the Philippines warehousing business.

The development plans by the Philippines government: After years of neglect, the Philippines railway network is again seeing a revival. The national budget for 2021 contained plans for the region's infrastructure upgrade. The Department of Transportation was allotted $1.3 billion to focus on the construction of rail, land, public, and maritime infrastructure, which has resulted in the growth of the logistics and shipping industry in the Philippines. A 163-route kilometer suburban railway network called the NSCR is planned to link the regional growth hubs of Clark and New Clark City.

Low connectivity and high logistical costs: Due to its terrain, the Philippines has different logistical needs. Low connectivity and high logistical costs are problems on the islands that are far from the economic hubs. In the Philippines, many firms still use manually operated procedures and dependence on human resources increases the potential for mistakes that leave customers dissatisfied.

Analysts at Ken Research in their latest publication Philippines Logistics Industry Outlook to FY’27F- Driven by Infrastructural Developments, Technological Advancements, and Government Support” observed that the Philippines Logistics Market is in a growing phase. Increased budget allocation for infrastructural development in the region by the government and technological development are some of the factors that will contribute to the Philippines’ Logistics market growth over the period of 2022P-2027F. It is expected that the Philippines Logistics Market will grow at a CAGR of 8.2% for the above-forecasted period.

Key Segments Covered in the report: -

Philippines Logistic Market

Market Segmentation by Services

  • Freight Forwarding
  • Warehousing
  • CEP
  • Value Added Services

Philippines Freight Forwarding Market

By Mode of Freight

  • Sea freight
  • Road Freight
  • Air Freight

By Type of Freight

  • International Freight
  • Domestic Freight

Philippines Warehousing Market

By Type of Warehouses

  • Industrial Freight/Retail
  • Container Freight/ICD
  • Cold storage
  • Agriculture and Others

To Know More about industry trends, Request a free Expert call

Philippines Cold Chain Market

By Type

  • Cold Storage
  • Cold Transport

Cold Storage Market

By Temperature Range

  • Frozen
  • Chillers
  • Ambient

By Automation

  • Automated Pallets
  • Non-Automated Pallets

By Major Cities

  • Metro Manila
  • Cebu
  • Mindanao
  • Other

Cold Transport Market

By Truck Type

  • Reefer Vans/Trucks (1 to 10 Tons)
  • 20-foot reefers (10 - 20 Tons)
  • 40-foot reefers and others (more than 20 tons)

By Mode of Transportation

  • Land
  • Sea
  • Air

By Location

  • Domestic
  • International

By Vicinity

  • Inter-city
  • Intra-city

Visit this Link Request for a custom report

Philippines Express Logistics Market

By Location

  • Domestic
  • International

 By Vicinity

  • Inter-city
  • Intra-city

By End Users

  • Food and Beverage
  • Textile and Footwear
  • Pharmaceuticals
  • Electronics
  • Chemicals
  • Others

Key Target Audience

  • Total Logistics Companies
  • Contract Logistics Providers
  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

  • Historical Period: 2017-2022P
  • Base Period: 2022P
  • Forecast Period: 2022P-2027F

Companies Covered:

Philippines Logistics Market Companies:

  • Royal Cargo
  • W Express (DHL)
  • 2Go Logistics
  • Yusen Logistics
  • AAI Logistics
  • FSTA Trucking
  • Inland Logistics
  • Chelsea Logistics
  • RLH Trucking
  • Airspeed
  • Agility
  • LF Logistics
  • Rhenus Logistics
  • Fastcargo Logistics

Philippines Warehousing Market Companies:

  • Fastcargo Logistics
  • LF Logistics
  • Royal Cargo
  • 2Go Logistics
  • Nippon Express
  • Mets Logistics
  • Expeditors
  • Kintetsu World Express
  • Agility
  • AAI Logistics
  • Orient Freight International Inc
  • AGX Logistics
  • KB1 Logistics

Key Topics Covered in the Report

  • Infrastructure Overview of the Philippines
  • Philippines Logistics Market, 2017 – 2027F
  • Ecosystem- Philippines Logistics Market
  • Philippines Logistics Market Size, 2017-2022P
  • Philippines Logistics Market Size, 2017-2022P
  • Regulatory Landscape for Philippines Logistics Market
  • SWOT Analysis of Philippines Logistics Market
  • Growth Drivers for Philippines Logistics Market
  • Challenges in Philippines Logistics Industry
  • Impact of Covid-19 on Philippines Logistics Market
  • Philippines Logistics Future Market Size, 2022P-2027F
  • Philippines Freight Market Executive Summary
  • Industry Ecosystem and Value Chain Analysis of Philippines Freight Market
  • Philippines Freight Market Size, 2017-2022P
  • Philippines Warehousing Market Executive Summary
  • Business cycle and Genesis of Philippines Warehousing Market
  • Philippines Warehousing Market Overview, 2017-2022P
  • Philippines Cold Chain Market Executive Summary
  • Business Cycle of Philippines Cold Chain Market
  • Philippines Cold Chain Market Size, 2017-2022P
  • Philippines Cold Chain Market by Cold Storage and Cold Transport, 2017-2022P
  • Market Sizing Analysis of Philippines CEP Market, 2017-2022P
  • Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
  • Philippines E-commerce Market Overview, 2017-2022P
  • Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
  • Philippines Logistics Industry Segmentation by End Users
  • Competitive Scenario of Logistics Players in Philippines
  • Analyst Recommendation

For More Information On The Research Report, Refer To Below Link: -

Future Outlook of Philippines’ logistics sector

Related Reports by Ken Research: -

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Tuesday, June 30, 2020

Philippines Logistics Market Outlook to 2024: Ken Research

The report titled Philippines Logistics Market Outlook to 2024 – By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages) provides a comprehensive analysis on the status of the logistics sector in the Philippines. The report covers various aspects including the current logistics scenario in the Philippines, its components viz, freight transportation, warehousing, CEP, VAS, and cold chain industries, the issues and challenges, major growth drivers, investment in infrastructure, tech disruptions and innovations, and competitive benchmarking. The report concludes with market projections for the future of the industry including forecasted industry size by revenue.
Philippines Logistics Market Overview and Size
Philippines Logistics Market has witnessed an average CAGR during 2014-19 due to favorable laws from CTAP, continued investment in building bridges, road congestion in metropolitan cities, and development of ports both by the government and with Public-Private Partnerships. The influx of foreign players in the market in recent years, increasing consolidation, and investing in innovative technologies has stimulated growth in the market.
Philippines Logistics Market Segmentation
Freight Transportation
Philippines’ freight forwarding market forms the largest part of the logistics sector. The sector is dominated by sea freight both in terms of revenue & Volume as it is an import-dependent country dependent on countries such as China, the United States, Japan, and Taiwan. It is followed by Road which only is only responsible for domestic transportation within the country due to its Archipelago location and is suffering from various challenges such as bad infrastructure and congestion on road.
Warehousing
Philippines’ warehousing market has shown steady growth over the last few years with many real estate developers entering in logistics market through Mergers & Acquisitions. The developers to earn an adequate IRR is moving out of metro manila due to less growth in warehousing rent in comparison to Land prices. Industrial Warehouses form the largest share of the warehousing space in the country, with Grade A warehouse becoming the new benchmark for quality. The warehouses are mostly filled with Food & Beverage giving the highest amount of revenue.
Cold Chain
The cold chain market in the Philippines has shown a very big hike in 2019 primarily due to the investments in the pallet positions by almost every company in the Philippines. Cold storage contributes to the larger share of revenues with more captive warehouses in the country. Also, the cold stores are dominated by freezer/ chiller convertible pallets in comparison to ambient ones. Major end-users of cold chain services in the country include frozen foods, meat, and seafood industries. The majority of the cold storages are found in NCR Manila.
Competitive Landscape of Major Players Operating in the Philippines Logistics Market
The transportation and warehousing markets in the Philippines are extremely fragmented in nature. Companies are focusing on investing in warehousing and cold chain services. The trucking and warehousing market is dominated by local domestic players who have a large number of fleets and warehousing space providing competitive prices. The cold chain players are not charging a premium for the addition in technological facilities to have sustained clients.  Online demanding warehousing platforms such as Stowga are disrupting the space. The major players in the Philippines logistics market include Royal cargo, 2GO Logistics, Fast cargo logistics, LF Logistics, Chelsea logistics, Jentec Cold storages, Glacier Megafridge, PRC Food Logistics, and many more.
Philippines Logistics Market Future Outlook & Projections
The logistics market in the Philippines will be impacted by COVID in the country and is expected to revive back in 2021 with a faster growth rate. The logistic space will experience an increase in government projects for road infrastructure, increasing industrial output, and booming of e-commerce. New real estate players are expected to move in logistics space with new mergers and acquisitions between the players. The growing demand for perishable products such as meat and seafood industries & agricultural output will increase the number of cold chain facilities in the Philippines. The companies will shift focus from price wars to a better quality of services with technical innovations disrupting the competition space.
Key Segments Covered: -
Freight Forwarding Market
By Mode of Transportation
Road Freight (Fleets, Volume, FTK, Price/ton/km and Revenue)
Sea Freight (Fleets, Volume, Average Distance, Price/ton/km and Revenue)
Air Freight (Volume, Average Distance, Price/ton/km and Revenue)
By Road transportation
Less than Truckload (Revenue and Volume)
Full truckload (Revenue and Volume)
Warehousing Market
By Business Model (Revenue, Price/sqm, warehousing space, Occupancy rate)
Industrial/Retail
CFS/ICD
Cold Storage
Agriculture
By Industrial warehouses (Revenues)
Grade A
Grade B
Grade C and others
By End Users (Revenues)
Food & Beverages
Textiles and Footwear
Chemicals
Pharmaceuticals and Medical consumables
Electronics
Others include agricultural products, frozen meat and more
Cold Chain Market
By Service
Cold Transportation (Revenues)
Cold Storage (Revenues, Number of Cold storages, Number of pallets, Price/ pallet/day, Occupancy rate)
By Mode of cold transportation
Road (Revenue, reefer trucks)
Air (Revenue)
Sea (Revenue)
Revenue by Temperature Range (Revenue, Price/pallet/day)
Freezers
Chillers
Ambient
By Regions (Number of Cold storages)
Ilocos
Cagayan Valley
Central Luzon
Calabarzon and Mimaropa
Bicol
Western Visayas
Central Visayas
Eastern Visayas
Zamboanga
Northern Mindanao
Davao
Soccsksargen
Caraga
NCR
By type of ownership (Number of cold stores)
Captive
Non-captive
Companies Covered
Royal Cargo
W Express (DHL)
2GO logistics
Yusen logistics
AAI logistics
FSTA Trucking
Inland Logistics
Chelsea logistics
RLH Trucking
Cartrex trucking
2SL Services
Airspeed
Orient Freight International
Ernest corporation
Cadano Cargo
Pambato
Truckmoto
Mercury Freight
All Transport Network
Legalas International
Mendonza
Agility
ISA Trucking
Asia world
Fast cargo logistics
Panalpina DSV
Rhenus logistics
Nippon Express
Kerry freight
Kintetsu
MMG Freight
Antrak logistics
PRC Food Logistics
Pacific Road link logistics
EVFTC transport
Igloo supply chain
Dinotrans Transport
Refrigerated Truck Door To Door Delivery
Jentec Cold Storage
Glacier Megafridge
Mets Logistics
ORCA Cold Chain Solutions
Big Blue Logistics
Royal Cargo
Vifel cold facility
Royale Cold Storage
Key Target Audience
Freight Forwarding Companies
E-Commerce Logistics Companies
3PL Companies
Consultancy Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report: -
Historical Period – 2014-2019
Forecast Period – 2020-2024F
Key Topics Covered in the Report: -
Philippines Logistics and Warehousing Market Introduction
Logistics Infrastructure
Cross Comparison of Logistics Performance in Different Countries (the Philippines, Philippines, Vietnam, Indonesia, and Australia)
Philippines Logistics and Warehousing Market Size
Philippines Logistics and Warehousing Market Segmentation
Philippines Logistics and Warehousing Market Future Outlook
Philippines Logistics and Warehousing Market Future Segmentation
Philippines Freight Transportation Market Size
Philippines Freight Transportation Market Segmentation
Philippines Freight Transportation Market Future Outlook
Philippines Freight Transportation Market Future Segmentation
Philippines Trucking market size
Philippines Trucking Market Segmentation
Philippines Trucking Market Future Outlook
Philippines Trucking Market Future Segmentation
Innovations in Transportation Market
Cost Component Analysis of Transportation
Philippines Warehousing Market Size
Philippines Warehousing Market Segmentation
Philippines Warehousing Market Future Outlook
Philippines Warehousing Market Future Segmentation
Innovations in Warehousing Market
Philippines Cold Chain Market Size
Philippines Cold Chain Market Segmentation
Philippines Cold Chain Market Future Outlook
Philippines Cold Chain Market Future Segmentation
Cost Component Analysis of Ambient warehousing
Innovations in Cold chain Market
Regulatory Environment
Issues and Challenges
For More Information on the research report, refer to below link: -
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249