Malaysia’s Logistics Industry showcased Relatively High Resilience by Bouncing Back from the Impact of COVID – 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 For more information, Request a Free Sample Report 1. Malaysia’s Logistics Industry is growing rapidly owing to the surge in demand from e-commerce, F&B, manufacturing, and other industries along with improving infrastructure The e-commerce boom and increased use of cutting-edge technology, such as supply chain automation and digital platforms to promote efficiency, are the key drivers of the logistics sector’s rapid growth in Malaysia (CAGR – 9.2%). The growth is also being fueled by a rise in infrastructure investment through initiatives like the RCEP, Free Trade agreements, and Economic zones. Road and Sea Freight dominate the transportation market, as they are heavily used for domestic and international transportation. 2. Growing International Trade between Malaysia and its Neighbors such as Thailand, Singapore, China, Vietnam and more is supporting the growth of Logistics revenue in Malaysia. Trade between Malaysia and China is growing and the exchange of goods between the countries is facilitating trade and investments by reducing tariffs, import quotas, export restraints and other trade barriers. Free Trade Agreements between Malaysia and ASEAN countries is contributing towards the increased international trade supporting the Road Transportation industry in Malaysia. Companies offering cross boarder trucking from Malaysia to Singapore, Thailand, Vietnam, China, Lao PDR is also smoothening the international trade between ASEAN countries. 3. The Logistics Industry in Malaysia is expected to witness Improvements in Infrastructure, and Growth in the Adoption of Automation in the next few years. The Logistics industry, especially Warehouse sector will witness an increase in the use of technology and automation as major players will be adopting robotics technology. Advanced technology such as EDI (Electronic Data Interchange) and RFID (Radio Frequency Identification) will help in efficient inventory management. Investments and initiatives of the Malaysian government to improve the infrastructure connecting the country with Lao PDR along with various parts of China would fuel the future growth of road and rail freight services. 3. Increase in Expectations of the Customer in terms of Easy Returns, Same Day Delivery poses a Challenge for the Players in the Market. Visit A link Request for Custom Report In Malaysia, courier businesses have to pay a hefty operational cost. It involves managing courier activities such as order allocation, order segregation, and the choice of the most effective delivery partner and vehicle. The traditional pen-paper approach has long dominated Malaysia’s crude, disorganized logistics sector. Moreover, e-commerce businesses must address the growing expectation of online order replacement or refunds. E-commerce businesses must meet high demands for same-day delivery, but because of infrastructural issues, such as the lack of street addresses and the underuse of courier services, delivery times are slowed down. 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