Philippines Logistics and Warehousing Market is driven by Growing Domestic market for E-commerce logistics and Surge in Trade Volumes with Increase in Trade Capacity of Ports: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “Philippines Development Plan undertaken by National Economic Development Authority during the period 2011-2016 led to a considerable infrastructure development in the logistics sector of the country” Rise in Trade Volumes and TEU Capacity: The growth in trade flows in the Philippines has significantly impacted the logistics industry of the country. In the year 2018, the Philippines registered imports worth USD 115.03 billion whereas exports stood at USD 67.5 billion. The rise in cargo traffic has propelled customers to shift from general logistics and freight forwarding services to express delivery services. The total capacity of handling the number of containers of the ports in the country has increased from 5.2 million TEU (twenty-foot equivalent unit) to 7.1 million TEU during 2012-2017. The domestic containerized cargos grew by 7.6% in 2017, from 2.6 million TEU in 2016 to 2.8 million TEU in 2017, while the foreign containerized shipments increased from 3.9 million TEU in 2016 to 4.1 million TEU in 2017, growing by 5.1% in 2017. The key ports in the country handling heavy container traffic include Manila International Container Terminal, Manila North Harbor, Manila South Harbor, Subic and Batangas. Growing Fleet Size: The Archipelago Philippines Ferries Corporation is responsible for servicing and connecting the 7,107 islands of Philippines through Ferry services. The provision of Roll-on/Roll-off catamaran services has positively impacted the sea transport services. In the year 2017, Sea Transport Solutions in partnership with Guangdong Bonny Fair Heavy Industry Ltd. launched two new vessels thereby bringing the total fleet of APFC to 12. The growing fleet size has indicated the high demand for water transport for freight forwarding services required in Philippines. However, in case of express delivery, the market continues to remain dominated by air and road transport networks in the country. Growth in E-Commerce Industry: Ecommerce industry in the Philippines has grown significantly at a CAGR of 27.0% in terms of GMV during 2012-2017. The online purchase of goods by Filipinos was recorded at over USD 2.0 billion by 2018. The increased penetration of digital systems in the country has bolstered the sales through ecommerce portals. The growth in the e-commerce orders for logistics has been majorly driven with an increase in internet affinity and demand for value added services. In addition to this, various logistics service providers offer additional services and discounts for online orders as they help in reduction of additional management processes. Introduction of multiple E-commerce portals such as b2bpricenow, asiarx, the Philippines trade key & others have led to increase in online shopping and digital payment modes. Vendors were also observed to turn to online payments, thereby creating a positive impact on the Philippines E-commerce logistics market. The report titled, “Philippines Logistics and Warehousing Market Outlook to 2024 – By Freight Forwarding (Air, Sea, Land), Domestic and International Freight Flow Corridor; By Warehousing (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture and Others), Express and E-commerce Logistics, Balikbayan Box, Third Party Logistics” by Ken Research recommends that the companies operating in logistics and warehousing industry can expand their market share and increase revenue generated by focusing on international freight forwarding, investing in air and sea freight logistics and incorporate advanced technologies like RFID and EDI in warehouses to improve efficiency. The market is expected to register an overall positive CAGR of 8.4% by revenue during the forecast period 2018-2024. Key Segments Covered Logistics and Warehousing: By Service Mix (Freight Forwarding, Warehousing and Value Added Services) Freight Forwarding: By Mode of Transport (Water Transport, Road Transport and Air Transport) By Major Flow Corridors (Asia, North America, Europe, Middle East and Others) By Owned and Rented / 3PL By Delivery Type (Normal Delivery and Express Delivery) By Mode of Freight (International Freight and Domestic Freight) Express Delivery: By Mode of Transport (Air Express and Road Express) By Delivery Type (International Express and Domestic Express) By Business Model (B2B, B2C and C2C) E-Commerce: By Channel (E-Commerce Merchants and 3PL Companies) By Time Duration (One Day Delivery, Two Day Delivery, Same Day Delivery and Others) By Area of Delivery (Intracity and Intercity) By Payment Method (Cash on Delivery and Others) Third Party Logistics: By Market Type (Freight Forwarding and Warehousing Services) Warehousing: By End User (Food and Beverage, Pharmaceuticals and Medical Consumables, Textile and Footwear, Electronics, Chemicals and Others) By Domestic and International Companies By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others) By Owned and Rented Warehouses Balikbayan Box: By Seasonal Demand (On-Season and Off-Season) Key Target Audience Logistics Companies Warehousing Companies Cold Chain Companies Courier and Parcel Companies Express Logistics Companies E-Commerce Logistics Companies E-Commerce Companies Logistics Association Government Association Investors and Private Equity Companies Time Period Captured in the Report: Historical Period: 2013-2018 Forecast Period: 2019-2024 Companies Covered: Freight Forwarding and Warehousing Market: Chelsea Logistics Holdings Corporation International Container Terminal Services Inc. Lorenzo Shipping Corporation Metro Alliance Holdings & Equity Corporation Asian Terminals Inc. AAI Worldwide Logistics Inc. Kintetsu World Express Royal Cargo Yusen Logistics Co. Ltd. All Transport Network Logistics (ATN) F2 Logistics All Systems Logistics (ASL) LF Logistics Nippon Express Panalpina Expeditors Orient Freight International Metro Combined Logistics Solutions Inc. Infinity Logistics Philippines Co. MMG Corporation Philippines Express Delivery Market: LBC Express Philippines Postal Corporation 2Go Group Inc. JRS Express AirFreight 2100 (Air21) Xend Business Solutions Abest Express E-Commerce Logistics Market: Lazada Express Shopee DHL Philippines Zalora Balikbayan Box Market: Jolly B Box Forex Cargo Afreight Zalora Manila Forwarders LBC Express Key Topics Covered in the Report Freight Forwarding Market Philippines Logistics Companies Philippines Courier and Parcel Market Philippines Free Trade Agreements of Philippines Philippines Cross Border Transportations Philippines Pipeline Transport Balikbayan Box Philippines For more information on the research report, refer to below link: Philippines Logistics and Warehousing Market Outlook to 2024 Related Reports Qatar Logistics and Warehousing Market Indonesia Logistics and Warehousing Market Thailand Logistics and Warehousing Market Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Tags: Airport Operations in Philippines, Balikbayan Box Philippines, Cargo Output through Philippines Seaports, Cold Chain Market Philippines, Courier and Parcel Market Philippines, E-Commerce Logistics Growth Drivers, E-commerce Logistics Players Philippines, Express Logistics Market Philippines, Free Trade Agreements of Philippines, Freight Forwarders Philippines Logistics Industry, Freight Forwarding Future Outlook Philippines, Freight Forwarding Market Philippines, Future Growth E-Commerce Logistics Philippines, Future Growth Philippines Warehousing, Government Regulations Philippines Logistics, Growth Express Delivery Services Philippines, Issues and Challenges Philippines Logistics Industry, Logistics and Warehousing Market Philippines, Logistics Companies Philippines, Logistics Services in Philippines, Major Players Express Delivery Philippines, Philippines Balikbayan Box Market, Philippines Cold Storage Warehouse, Philippines Cross Border Relations, Philippines Cross Border Transportations, Philippines E-Commerce Logistics Market Size, Philippines E-commerce operations, Philippines Freight Forwarding Market Size, Philippines Logistics Industry, Philippines Logistics Market, Philippines Logistics Market Competition, Philippines Logistics Warehousing Market Size, Philippines Pipeline Transport, Philippines Warehousing Industry, Seaport Operations in Philippines, Shipping Fleet Major Philippines Seaports, Third Party Logistics Philippines, Transport Infrastructure Philippines, Trends and Development Philippines Logistics Industry, Value Added Services Philippines, Warehousing Market Size Philippines, Warehousing Services in Philippines, Warehousing Type Philippines