The report titled “Myanmar Logistics and Warehousing Market Outlook to
2023 – By Road, Sea, Air and Rail Freight Forwarding; International and
Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/
Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Type of Warehouses; By
Courier Express and Parcel Logistics and E-commerce Logistics”
provides a comprehensive analysis of the
Logistics market in Myanmar. The report covers the overall size and future
outlook of Myanmar Freight Forwarding, Warehousing, Courier Express and Parcel,
3PL and E Commerce Logistics market in terms of value, segmentation on the
basis of service mix, by geography, by ownership and by type of industries. The
report also covers the competitive landscape and company profiles of major Freight
Forwarding, Warehousing and Express Logistics Companies in Myanmar. The report
concludes with market projections for future and analyst recommendations
highlighting the major opportunities and challenges.
Myanmar Logistics Market Overview and Size
In 2011 Myanmar’s
economy opened up to the rest of the world. Foreign investment has since then
been steadily coming in, reaching USD 7.5 billion in 2018, 13% growth since
2013.
International companies are looking at Myanmar as a potential growth market. One
of the lucrative factors for investing in Myanmar is the abundant supply of
natural resources and one of the cheapest labor costs in Asia. However, there
has been underinvestment in Myanmar with respect to the transportation sector,
with merely 5% of government expenditure going towards the Transport and
Communications sector even though Transportation services contribute 11.2% to
the GDP. More than 80% of enterprises in Transportation and Storage Sector in
Myanmar are operating with only 0-9 workers. This suggests that the market is
majorly unorganized.
Myanmar Logistics Market Segmentation
By Freight Forwarding
Despite a stunted economic growth before the liberalization
initiative, freight forwarding has always been a prosperous industry in Myanmar
due to its strategic location as the gateway between India and China and global
sea connectivity through Yangon port. Road Freight contributes the highest
share towards overall freight volume and revenues. Sea freight is the second
largest contributor since Yangon Port is a major trans-shipment hub for
Southeast Asia. Naturally, Industrial Sector is the major end user for freight
forwarding services. Around 60% of value of imports in Myanmar is from capital
goods such as building material, machinery, transport equipment and
intermediate goods such as raw material, fuel, tools and spares.
By Warehousing
The Myanmar Warehousing industry is at nascent growth stage.
Modern warehouses have just started developing and only a few are operational
such as Daizen’s bonded warehouse and warehousing facility in Thilawa SEZ. International
companies such as DHL and Damco have identified the gap in Myanmar’s
warehousing services and are constantly focusing their activities towards
developing warehousing services. Myanmar is a leading producer of food products
and garments, both of which require storage solutions.
By Courier, Express and Parcel Logistics Market
Strict monopoly of Myanmar Post until 2013 hindered the
growth of CEP market in Myanmar. The country ranked 126th out of 170 countries
in the 2016 Integrated Index for Postal Development by the Universal Postal
Union (UPU). UPU is now supporting Myanmar Post to aid its development and
digitalization process. The Ministry of Transport and Communication and Japan’s
Ministry of Internal Affairs and Communications have signed a memorandum of
cooperation in the postal sector for the modernization and improvement of
Myanmar’s postal services.
By Third Party Logistics Market
Due to infrastructural and regulatory hassles, logistics
companies in Myanmar outsource certain operations while controlling core
operations. For Example: CP Logistics outsources its fleet requirement in order
to provide complete supply chain management. The market is dominated by
numerous small and medium players for whom outsourcing is a primary strategy to
sustain. The 3PL market is also being driven by innovations such as trucking aggregator
models and the market is expected to incline more towards consolidation for
mutual benefits.
By E Commerce Logistics Market
The recent and gradual liberalization of
delivery services through partnership with third party logistics provides–after
decades of strict monopoly by Myanmar Post for mail and small parcels–have
enabled the development of a small e-commerce logistics market, primarily in
urban regions of Yangon and Mandalay. Cross border e-commerce is still in the
nascent growth stage, mainly due to custom clearance procedures in Myanmar
which take 5-7 days as against the ideal standard of 1-2 days.
Competitive Landscape
There are around 4,000 logistics companies in Myanmar
including 830+ trucking companies and 880+ domestic freight forwarders. Majority
of the transporters are found in Yangon, Mandalay, Sittwe, Lashio, Muse and
Myawaddy towns. The logistics market is still undeveloped and medium-sized
transporters are operating mostly on the primary corridors. The market nature
is highly fragmented. Since the cargo insurance system is weak in Myanmar, a
lot of traders transport cargo with their owned trucks; therefore it is
difficult for companies to specialize in a mode of transport. A number of
mergers and acquisitions might happen in the future when private companies
realize the symbiotic benefit of collaborating. Warehousing companies are
placing rising emphasis on developing cold storage facilities and obtaining
permits for building container freight stations and bonded warehouses.
Future Outlook and Projections
Myanmar Logistics and Warehousing Market is expected to
register a double digit growth during 2018-2023. The reasons for the growth
include heavy investment in logistics development by Myanmar government and
international companies, expected increase in cargo throughput, development of
SEZs and multimodal transport projects. The labour force in Myanmar is expected
to reach 10 million by 2030, causing a lot of companies from Thailand and Japan
to set up base in the country. Myanmar will benefit from new transport
corridors through Myanmar to India, Thailand and Malaysia, as a part of China’s
One Belt One Road initiative. Freight volume is projected to almost double by
2023, a major reason for high growth projections.
Key Segments Covered:-
Freight Forwarding Market
Revenue by Mode of Freight Transport
Road Freight (Domestic and International Volume, FTK and
Revenue; Number of Registered Vehicles)
Ocean Freight (Domestic and International Volume, FTK and
Revenue; Volume by Commodity, Sea Port Statistics)
Air Freight (Domestic and International Volume, FTK and
Revenue)
Rail Freight (Domestic and International Volume, FTK and
Revenue; Volume by Commodity and Region)
Freight Revenue by Intercity Road Freight
Corridors
Yangon-Mandalay
Yangon-Muse
Yangon-Myawaddy
Others
Revenue By International Road Freight Corridors
Mandalay-Muse-Kumning
Yangon-Myawaddy-Mae Sot
Mandalay-Tamu-Manipur
Revenue by 3PL and Integrated Logistics
3PL Revenue
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement, Steel,
Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged
Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological, Pharmaceuticals
and Others)
Warehousing Market
Revenue by Operation
Model
Industrial/Retail
ICD/CFS
Cold Storage
Revenue by Type of Warehouse
General Warehouse
Open Yard
Chillers/Freezers
Ambient Warehouse
Bonded Warehouse
Revenue by Contract and
Integrated Logistics
3PL
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement,
Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables,
Packaged Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological,
Pharmaceuticals and Others)
Warehousing Space By
Region
Yangon
Mandalay
Others States and Regions
Courier, Express and Parcel Logistics Market
Revenue by Segment
Mails
and Documents
E-Commerce Parcels
Express Cargo
Express Cold Chain
Number of Shipments by Domestic and International
Domestic (Mails and Documents and E-Commerce Parcels)
International (Mails and Documents and E-Commerce Parcels)
Number of Shipments by Air and Ground Express
Air Express (Mails and Documents and E-Commerce Parcels)
Ground Express (Mails and Documents and
E-Commerce Parcels)
3PL Logistics Market
Revenue by Segment
Freight Forwarding
Warehousing
Value Added Services
Third Party Freight Forwarding Revenue by Phase
of Delivery
Hub-Hub
Hub-Spoke
Spoke-Door
Third Party Freight Forwarding Revenue by
Domestic and International
Domestic
International (Inbound and Outbound)
International Third Party Freight Forwarding
Revenue by Cargo Category
Raw Materials (Building material, machinery, cement, steel,
glass, textiles and others)
Spare Parts (Electronic tools, transport equipment spares and
other spares)
Finished Goods (Garments, Electronics, Shoes, Bags and
others)
Snapshot on E-Commerce Logistics Market in Myanmar
Snapshot on Last Mile Delivery Services in Myanmar
Companies Covered:-
DB Schenker
DHL
Yusen Logistics
Bollore Logistics
Rhenus Logistics
Kerry Logistics
Kuehne Nagel
OV Logistics
Maersk
Mediterranean Shipping Company
Kargo
Kospa Logistics
Damco
Ryobi Myanmar Distribution
CEA Project Logistics
Daizen
EMS
DHL Express
MGL Express
UCL Express
Royal Express
SBS Express
Myanmar Zarla Distribution
RG Express
Marathon Express
Key Target Audience:-
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial
Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Key Topics Covered in the Report:-
Myanmar Logistics and Warehousing Market
Introduction
Logistics Infrastructure
Value Chain in Myanmar Logistic Market
Myanmar Logistics and Warehousing Market Size
Myanmar Logistics and Warehousing Market Segmentation
Myanmar Logistics and Warehousing Market Future
Outlook
Myanmar Logistics and Warehousing Market Future
Segmentation
Myanmar Freight Forwarding Market Size
Myanmar Freight Forwarding Market Segmentation
Myanmar Freight Forwarding Market Future Outlook
Myanmar Freight Forwarding Market Future
Segmentation
Myanmar Warehousing Market Size
Myanmar Warehousing Market Segmentation
Myanmar Warehousing Market Future Outlook
Myanmar Warehousing Market Future Segmentation
Myanmar CEP Logistics Market Size
Myanmar CEP Logistics Market Segmentation
Myanmar CEP Logistics Market Future Outlook
Myanmar CEP Logistics Market Future Segmentation
Snapshot on Myanmar E-Commerce Logistics Market
Snapshot on Myanmar Last Mile Delivery Services
Market
Myanmar 3PL Market Size
Myanmar 3PL Market Segmentation
Myanmar 3PL Market Future Outlook
Myanmar 3PL Market Future Segmentation
Regulatory Environment
Trends and Developments
Issues and Challenges
Analyst Recommendation
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