Revenues of the cold chain market in Philippines rose to around PHP 14 Bn in 2019- What are the factors promoting cold chain market in Philippines in the upcoming future? Cold chain market is expected to witness significant increase in the number of companies, year-on-year thereby making the industry highly fragmented in the coming years, says a report by Ken Research 1. Road network in Philippines cold chain market- road network classification was established through Philippine Highway Act in 1953. Preferred Mode of Transportation in… Read More »
Rising Number of Internet Users to Help Philippines E-Commerce Logistics Market to Reach Almost PHP 600 Bn in terms of GMV in 2025. Will it be able to achieve it? Ken Research Philippines E-Commerce Retail Market recorded GMV of PHP 160 Bn in 2020. The country has a young, tech-savvy population (the average age is 25.7 years) that’s hungry for products and services. 1. Of the Total 109.5 Mn Population in the Philippines, 67% (73 Mn) are The Internet Users, the Second Largest in Southeast Asia. Click… Read More »
Explore how 50 Mn Online Shoppers in Philippines are impacting the growth of the e-commerce logistics market in FY’23? :Ken Research The Philippines logistics market is in its early growth stages of development, and growing year on year majorly due to growing demand for E-retailing coupled with an increase in the number of online orders. As per Ken research findings, the number of online orders grew at a CAGR of ~49% between 2019 and 2020. 1.… Read More »
Technology or Government key initiatives- who plays a big role in enabling the Philippines e-commerce logistic market to reach PHP 67 billion in the next five years? – Ken Research The escalation in the number of smartphones in the country, the fast-growing middle-class population, high consumer confidence, changing consumer preferences, etc. have augmented the growth of e-commerce leading to surging demand for e-commerce logistics as well in the country. The Philippines e-commerce is anticipated to expand with a double-digit CAGR in the next few years. 1.… Read More »
3 Catalysts in Philippines E-Commerce Logistics Market: Is the Growth Sustainable? : Ken Research Philippines E-Commerce Logistics market is expected to reach almost PHP 67 Bn in terms of revenue delivering nearly, 1 Bn shipments in 2025. 1. With the Support of Government’s Philippines E-Commerce Roadmap (2015-2020), Philippines E-Commerce Logistics Market Recorded More Than PHP 20 Bn in 2020. Cross – Comparison: Digital Trends in 2020: Click to Know… Read More »
