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 Philippines Logistics Market Ecosystem 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… Read More »
Philippines logistics Market is forecasted to grow to PHP ~1160 Bn market by 2027F 1. Philippine Logistics Industry grew in 2022P owing to the surge in demand from e-commerce and increased investment in infrastructure by the government. The logistics sector in the Philippines is expanding rapidly (CAGR – 6.3%), owing primarily to the growth of the e-commerce sector and the increased use of cutting-edge technology such as supply chain… Read More »
Strong government initiatives as well as high consumer demand are some of the key factors in the Philippines’ logistics sector The growth of e-commerce in the country along with infrastructural improvements in the logistics sector are some of the major factors contributing to the development of the logistics market in the Philippines. Expansion of logistics in the country: The Philippines’ logistics industry is expanding and it contributes 4-6% to the country’s overall GDP. Food and… Read More »
The Philippines Freight Forwarding Industry is Highly Fragmented with the Presence of both Domestic and International Players: Ken Research The report titled “Philippines Freight Forwarding Market Outlook to 2023 – By Land, Water and Air Transport; By International and Domestic Freight; By Flow Corridors; By Third Party Logistics; By Express Delivery” by Ken Research suggested a growth at a noteworthy six year CAGR of 8.6% in terms of revenue in Philippines freight forwarding market… Read More »
Philippines Freight Forwarding Market Outlook to 2023 : Ken Research The report titled “Philippines Freight Forwarding Market Outlook to 2023 – By Land Transport, Water Transport and Air Transport; By International and Domestic Freight; By Flow Corridors; By Third Party Logistics and By Express Delivery” provides a comprehensive analysis of freight forwarding services in the Philippines. The report focuses on overall market size for freight… Read More »
Philippines Express Delivery Market is Expected to Grow at 9% for Next 5 years till 2023: Ken Research The report titled “Philippines Logistics and Warehousing Market Outlook to 2023 – By Freight Forwarding, Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics, Balikbayan Box Segment” by Ken Research suggested a growth at a noteworthy six year CAGR of 8.8% in terms of revenue in the Philippines logistics and warehousing market in the upcoming years… Read More »
