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” provides
a comprehensive analysis of warehousing services in the Philippines. The report
focuses on overall market size for warehousing in the
Philippines, Philippines warehousing market segmentation 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 owned and rented fleet – domestic companies. The
report also covers the overall comparative landscape in the Philippines warehousing
market. The report concludes with market projection for future of warehousing
services and analyst recommendations highlighting the major opportunities and
cautions for the Philippines warehousing market.
Philippines Warehousing Market Overview and Size
Warehousing includes the storage of
both outbound and inbound products and goods to be transported. A warehouse is
often used as location for storage of goods to manage demand-supply gaps over a
long period of time. The system uses advanced technology and operating
processes in order to optimize the warehouse functions. For instance, WMS
includes the information about the inventory movement from the receipt of
suppliers to shipment to customers. 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.
Philippines Warehousing Market Segmentation
By End User
The food and beverage industry is
evolving constantly, especially from the standpoint of customer demand,
warehousing and technology. Owing to the growth of this industry it is becoming
more and more difficult for warehouses to manage and expand their operations
thus, accounting for a majority of the revenue share in the overall industry
during 2017. It was followed pharmaceuticals and medical consumables, textile
and footwear, electronics, chemicals and others in the year 2017.
By International and Domestic Companies
The domestic logistics and 3PL
companies majorly prefer to setup warehouses across the country in order to
manage their operations on their own without relying on a third party.
Additionally, these companies prefer to manage their transportation and storage
for better reliability and accuracy in managing operations. On the other hand the
international companies majorly focus on light asset based model so these
companies prefer to outsource warehousing as land is a long term asset and the
cost of purchasing land, building warehouse and managing it in a foreign
country is a burden for the companies so they prefer to outsource this task.
By Business Model
Industrial / Retail sector is the
largest contributor to the warehousing sector with majority of the revenues in
2017. The industrial activities in the country have shown a steady growth in
past few years in the country, which has encouraged many foreign companies to
enter in the country. It was followed up by container freight, cold storage,
agriculture and others.
By Owned and Rented Fleet – Domestic Companies
In terms of revenues the owned
warehouses have dominated the market with majority of the overall warehousing
industry revenue during 2017. The domestic companies prefer to set up their own
warehouses in order to manage all the operations by themselves. On the other
hand, a few companies prefer to rent warehouses to focus on their core
competencies. The companies have to majorly pay for the storage area and the
amount of time.
Comparative Landscape in Philippines Warehousing Market
The Philippines warehousing industry
is highly fragmented with the availability of large number of large and medium
scaled warehousing companies spread across the country. The market encompasses
a mix of unorganized and organized players. The companies in the country are
competing with each other on the basis of the size and location of the
warehouse.
Philippines Warehousing Market Future Outlook and Projections
The Philippines is focusing towards improving
trade relation with other countries which will positively influence the import
and export volume in and out of the country. This will result in increasing
demand for warehousing across various regions in Philippines. Increasing
prominence of online shopping will increase the size of E-commerce industry in
the country. The companies from retail sector, FMCG sector, pharmaceutical
sector, apparels and other accessories are anticipated to witness robust
growth. E-commerce companies require warehousing facilities to store the
products which will trigger the demand for warehousing space in coming future.
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
Time Period Captured in the Report:
2012-2017 – Historical Period
2018-2023 – Future Forecast
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
Key Topics Covered in the Report
Executive
Summary
Research
Methodology
Philippines
Warehousing Market
Philippines
Warehousing Market Segmentation, 2017
Competitive
Scenario in Philippines Warehousing Market
Philippines
Warehousing Market Future Outlook and Projections, 2018E-2023E
Philippines
Warehousing Market Drivers and Trends
Issues
& Challenges in the Philippines Warehousing Market
Company
Profiles of Major Players Operating in the Philippines Warehousing Market
Analyst
Recommendations in the Philippines Warehousing Market
For more information on the research report, refer to below link:
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