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Malaysia Freight And Logistics Market Business Growth, Trends, Outlook, Opportunities, Demand Analysis, Forecasts 2028 | Deutsche Post DHL Group, Yusen Logistics Co. Ltd - TASCO Berhad

03-17-2022 09:42 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

Global Malaysia Freight And Logistics Market delivers a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An extremely workable estimation of the present industry scenario has been delivered in the study, and the Malaysia Freight And Logistics market size with regards to the revenue and sales, demand have also been mentioned. Overall, the research report is a gathering of key data with regards to the competitive landscape of these multiple regions where the business has successfully recognized its position.

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

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Some of the Key participants in the global Malaysia Freight And Logistics market include: 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*

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.

Majority of the population of the country is concentrated along the coastline of the country, which makes the logistics cost low. However, efficient transport links are needed, connecting the seaports and the cities through road and rail. According to the World Bank Logistics Performance Index (LPI), in 2016, Malaysia had the highest LPI score after Singapore in the Southeast Asian region. However, Thailand and Vietnam have overtaken Malaysia according to the LPI scores of 2018. The LPI rank of Malaysia among the 160 countries in the world declined to the 41st position in 2018 from 32nd position in 2016.

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.

Regional and Country-level Analysis

The Malaysia Freight And Logistics Market report deals with complete geographical analysis of the global Malaysia Freight And Logistics market, covering significant regions, viz, North America, Europe, China, and Japan. This report also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Inonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. Upstream raw materials, equipment, and downstream consumers analysis is also carried out. What's more, the Malaysia Freight And Logistics industry development trends and marketing channels are analyzed. To conclude, the feasibility of new investment projects is evaluated, and overall research assumptions are offered.

Malaysia Freight And Logistics market research includes the a methodical description of the various factors such as the market growth and detailed information about the different company's revenue, developments, production, and the various other strategic developments. The regional spaces of important components, including the capability, cost, price, technology, supplies, profit, and competition are analyzed.

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Malaysia Freight And Logistics Market Analysis and Strategies Carry Out as below:

The report explains a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Malaysia Freight And Logistics market report.
The suppliers of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Malaysia Freight And Logistics market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Malaysia Freight And Logistics Market report.

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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

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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