Press release
Freight and Logistics Market 2021 Highlights Recent Trends, Market Growth, Business Opportunities till 2026
The Freight and Logistics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The Malaysia freight and logistics market is expected to witness a CAGR of 11% during the forecasted period.”
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Top Leading Companies of Freight and Logistics Market are Deutsche Post DHL Group, Yusen Logistics Co. Ltd - TASCO Berhad, Nippon Express Co. Ltd, CEVA Logistics, Kerry Logistics Network Limited, DB Schenker, Agility Logistics Pvt. Ltd, Hellmann Worldwide Logistics, DSV, Kuehne + Nagel International AG, United Parcel Service Inc., FedEx Corporation and others.
Key Market Trends:
Growing infrastructure sector:
The Malaysian government has made considerable progress to expand and modernized its infrastructures throughout the country. This effort is evident by the five-year centralized economic development plan known as the Malaysia Plan, whereby public sector infrastructure development consistently holds the largest funding portion. Under the Eleventh Malaysia Plan for 2016-2020, sizeable investment on infrastructure in Malaysia is allocated for the transport and logistics sector to boost regional development.
China and Malaysia resumed construction on a massive Belt and Road train project in northern Malaysia in 2019 July, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about USD 11 billion.
Competitive Landscape:
Currently, the Malaysian freight and logistics market landscape is fragmented with a large number of players. For instance, the trucking industry of the country is made of independent truckers and SMEs, who account for more than 70% of the market. However, the industry is expected to transform into a consolidated state in the future. In order to gain significant market share and serve the rising demand, the companies are adopting the merger and acquisition trend. Especially, the rise in e-commerce is resulting in vertical and horizontal consolidation among the logistics and e-commerce players, to gain scale and network.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Freight and Logistics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Freight and Logistics Market (%),2016 - 2026
- Freight and Logistics Market Share, By Brand
- Freight and Logistics Market Share, By Company
- Freight and Logistics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Freight and Logistics Market Value Analysis & Forecast
- Promising Freight and Logistics Development by Major Companies
- Detailed Freight and Logistics Portfolio of the Major Companies
- Major Deals in the Freight and Logistics Market
- Major Companies Analysis
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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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