Press release
The Philippines Logistics Market is expected to grow at a CAGR of 8.2%, 2022P- 2027F owing to the Rapid Improvement in the Logistics Infrastructure by the government: Ken Research
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.
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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.
For More Information On The Research Report, Refer To Below Link: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-industry-outlook-to-2027/596251-100.html
Key Segments Covered in the report: -
Philippines Logistic Market
Market Segmentation by Services
• Freight Forwarding
• Warehousing
• CEP
• Value Added Services
Philippines Freight Forwarding Market
By Mode of Freight
• Sea freight
• Road Freight
• Air Freight
By Type of Freight
• International Freight
• Domestic Freight
Philippines Warehousing Market
By Type of Warehouses
• Industrial Freight/Retail
• Container Freight/ICD
• Cold storage
• Agriculture and Others
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Philippines Cold Chain Market
By Type
• Cold Storage
• Cold Transport
Cold Storage Market
By Temperature Range
• Frozen
• Chillers
• Ambient
By Automation
• Automated Pallets
• Non-Automated Pallets
By Major Cities
• Metro Manila
• Cebu
• Mindanao
• Other
Cold 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
• Land
• Sea
• Air
By Location
• Domestic
• International
By Vicinity
• Inter-city
• Intra-city
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Philippines Express Logistics Market
By Location
• Domestic
• International
By Vicinity
• Inter-city
• Intra-city
By End Users
• Food and Beverage
• Textile and Footwear
• Pharmaceuticals
• Electronics
• Chemicals
• Others
Key Target Audience
• Total Logistics Companies
• Contract Logistics Providers
• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities
Time Period Captured in the Report:
• Historical Period: 2017-2022P
• Base Period: 2022P
• Forecast Period: 2022P-2027F
Companies Covered:
Philippines Logistics Market Companies:
• Royal Cargo
• W Express (DHL)
• 2Go Logistics
• Yusen Logistics
• AAI Logistics
• FSTA Trucking
• Inland Logistics
• Chelsea Logistics
• RLH Trucking
• Airspeed
• Agility
• LF Logistics
• Rhenus Logistics
• Fastcargo Logistics
Philippines Warehousing Market Companies:
• Fastcargo Logistics
• LF Logistics
• Royal Cargo
• 2Go Logistics
• Nippon Express
• Mets Logistics
• Expeditors
• Kintetsu World Express
• Agility
• AAI Logistics
• Orient Freight International Inc
• AGX Logistics
• KB1 Logistics
Key Topics Covered in the Report
• Infrastructure Overview of the Philippines
• Philippines Logistics Market, 2017 - 2027F
• Ecosystem- Philippines Logistics Market
• Philippines Logistics Market Size, 2017-2022P
• Philippines Logistics Market Size, 2017-2022P
• Regulatory Landscape for Philippines Logistics Market
• SWOT Analysis of Philippines Logistics Market
• Growth Drivers for Philippines Logistics Market
• Challenges in Philippines Logistics Industry
• Impact of Covid-19 on Philippines Logistics Market
• Philippines Logistics Future Market Size, 2022P-2027F
• Philippines Freight Market Executive Summary
• Industry Ecosystem and Value Chain Analysis of Philippines Freight Market
• Philippines Freight Market Size, 2017-2022P
• Philippines Warehousing Market Executive Summary
• Business cycle and Genesis of Philippines Warehousing Market
• Philippines Warehousing Market Overview, 2017-2022P
• Philippines Cold Chain Market Executive Summary
• Business Cycle of Philippines Cold Chain Market
• Philippines Cold Chain Market Size, 2017-2022P
• Philippines Cold Chain Market by Cold Storage and Cold Transport, 2017-2022P
• Market Sizing Analysis of Philippines CEP Market, 2017-2022P
• Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
• Philippines E-commerce Market Overview, 2017-2022P
• Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
• Philippines Logistics Industry Segmentation by End Users
• Competitive Scenario of Logistics Players in Philippines
• Analyst Recommendation
Related Reports by Ken Research: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/usa-logistics-industry-outlook-to-2026/596047-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/australia-logistics-market-outlook-to-2025/427141-100.html
Ken Research Pvt. Ltd.
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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