Malaysia Freight and Logistics Market Insights Shared in Detailed Report 2022- Domestic Companies, Nippon Express Co. Ltd, CEVA Logistics, Agility Logistics

The Malaysia Freight and Logistics  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Malaysia Freight and Logistics market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Malaysia Freight and Logistics industry and provides data for making strategies to increase market growth and effectiveness.

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The Malaysia freight and logistics market is expected to witness a CAGR of 11% during the forecasted period.

Markets Segmentation:

Top leading Companies Profiled in Malaysia Freight and Logistics Market Report are Ê- International Companies, Domestic Companies, Nippon Express Co. Ltd, CEVA Logistics, Kerry Logistics Network Limited, DB Schenker, Agility Logistics Pvt. Ltd, Hellmann Worldwide Logistics, Other companies (Key Information/Overview)

News and Updates

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.

February 14, 2022 Asyad Launches Direct Shipping Line to Malaysia, Singapore- Oman-based Asyad Group, a major logistics hub in the Middle East and North Africa (Mena) region, has launched new direct shipping lines to Singaporean and Malaysian ports.

30/07/2021 CZE launches Malaysia-Europe truck service to avoid ocean congestion- Penang-based transport and logistics firm City Zone Express (CZE) has launched a road freight service between Malaysia and Europe.

Market Overview

The logistics industry in Malaysia has evolved in recent years. With the rise of e-commerce in the country, companies are capitalizing on this emerging trend. The interest of the companies in emerging areas, such as cold chain logistics, last-mile delivery services, etc. is growing, due to the high margins and rising demand. The economy of the country is expected to grow between 5% and 6%, driving the growth of the logistics industry further. As the growth of the logistics sector is expected to be positive in the future, there is much scope for improvement. To enable the logistics sector to handle greater volumes of freight, to speed up the time taken to deliver goods across the supply chains, and to lower the cost of this delivery, several improvements need to be made. While the logistics infrastructure of the country is improving, there is a need for continuous investment into infrastructures, such as port upgrades and expansion, road networks, and advanced information technology (IT) system.

In 2019, MalaysiaÕs e-commerce market is expected to amount to USD 3.7 Billion, and in 2023, it is projected to hit USD 5.7 billion. This countryÕs e-commerce growth is growing exponentially, and with it being a recent wave with an expected compounded annual growth rate of 11.4%.

Malaysia is an attractive market for eCommerce in Southeast Asia due to its dynamic economy and developed infrastructure for digital technologies. Malaysia has ~ 25.84 million active internet users (80 percent of the population) and the population has extremely high rates of mobile phone penetration. Out of the 32.25 million Malaysians in 2019, 25 million are social media users, 40.24 million mobile subscriptions, and 24 million use social media on their mobile devices.

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Malaysia Freight and Logistics Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Malaysia Freight and Logistics market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Malaysia Freight and Logistics market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Malaysia Freight and Logistics

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In conclusion, the Malaysia Freight and Logistics market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Malaysia Freight and Logistics Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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