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.To Know More about this report, download a Free Sample Report
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 ForwardingWarehousingCEPValue Added ServicesPhilippines Freight Forwarding Market
By Mode of Freight
Sea freightRoad FreightAir FreightBy Type of Freight
International FreightDomestic FreightPhilippines Warehousing Market
By Type of Warehouses
Industrial Freight/RetailContainer Freight/ICDCold storageAgriculture and OthersTo Know More about industry trends, Request a free Expert call
Philippines Cold Chain Market
By Type
Cold StorageCold TransportCold Storage Market
By Temperature Range
FrozenChillersAmbientBy Automation
Automated PalletsNon-Automated PalletsBy Major Cities
Metro ManilaCebuMindanaoOtherCold 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
LandSeaAirBy Location
DomesticInternationalBy Vicinity
Inter-cityIntra-cityVisit this Link Request for a custom report
Philippines Express Logistics Market
By Location
DomesticInternationalBy Vicinity
Inter-cityIntra-cityBy End Users
Food and BeverageTextile and FootwearPharmaceuticalsElectronicsChemicalsOthersKey Target Audience
Total Logistics CompaniesContract Logistics ProvidersE-commerce CompaniesThird-Party Logistic ProvidersPotential Market EntrantsFreight Forwarding CompaniesWarehousing CompaniesCold Storage CompaniesIndustry AssociationsConsulting AgenciesGovernment Bodies & Regulating AuthoritiesTime Period Captured in the Report:
Historical Period: 2017-2022PBase Period: 2022PForecast Period: 2022P-2027FCompanies Covered:
Philippines Logistics Market Companies:
Royal CargoW Express (DHL)2Go LogisticsYusen LogisticsAAI LogisticsFSTA TruckingInland LogisticsChelsea LogisticsRLH TruckingAirspeedAgilityLF LogisticsRhenus LogisticsFastcargo LogisticsPhilippines Warehousing Market Companies:
Fastcargo LogisticsLF LogisticsRoyal Cargo2Go LogisticsNippon ExpressMets LogisticsExpeditorsKintetsu World ExpressAgilityAAI LogisticsOrient Freight International IncAGX LogisticsKB1 LogisticsKey Topics Covered in the Report
Infrastructure Overview of the PhilippinesPhilippines Logistics Market, 2017 – 2027FEcosystem- Philippines Logistics MarketPhilippines Logistics Market Size, 2017-2022PPhilippines Logistics Market Size, 2017-2022PRegulatory Landscape for Philippines Logistics MarketSWOT Analysis of Philippines Logistics MarketGrowth Drivers for Philippines Logistics MarketChallenges in Philippines Logistics IndustryImpact of Covid-19 on Philippines Logistics MarketPhilippines Logistics Future Market Size, 2022P-2027FPhilippines Freight Market Executive SummaryIndustry Ecosystem and Value Chain Analysis of Philippines Freight MarketPhilippines Freight Market Size, 2017-2022PPhilippines Warehousing Market Executive SummaryBusiness cycle and Genesis of Philippines Warehousing MarketPhilippines Warehousing Market Overview, 2017-2022PPhilippines Cold Chain Market Executive SummaryBusiness Cycle of Philippines Cold Chain MarketPhilippines Cold Chain Market Size, 2017-2022PPhilippines Cold Chain Market by Cold Storage and Cold Transport, 2017-2022PMarket Sizing Analysis of Philippines CEP Market, 2017-2022PFuture Market Sizing Analysis of Philippines CEP Market, 2022P-2027FPhilippines E-commerce Market Overview, 2017-2022PFuture Market Sizing Analysis of Philippines CEP Market, 2022P-2027FPhilippines Logistics Industry Segmentation by End UsersCompetitive Scenario of Logistics Players in PhilippinesAnalyst RecommendationFor More Information On The Research Report, Refer To Below Link: -
Future Outlook of Philippines’ logistics sector
Related Reports by Ken Research: -
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