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 »
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: Ken Research 1. Philippine Logistics Industry grew in 2022P owing to the surge in demand from e-commerce and increased investment in infrastructure by the government. To Know More about this report, download a Free Sample Report The logistics sector in the Philippines is expanding rapidly (CAGR – 6.3%), owing primarily to the growth of the e-commerce sector… Read More »
Strong government initiatives as well as high consumer demand are some of the key factors in the Philippines’ logistics sector. Ken Research 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 »
Increasing Internet Penetration Coupled with Changing Consumer Preference for Online Shopping Expected to Drive the Philippines E-Commerce Logistics Market: Ken Research Buy Now Philippines E-Commerce Logistics Market Key Findings Singapore-headquartered e-commerce player Shopee launched an in-app, live-streaming platform in the Philippines through which sellers can build a following to promote their products and offer discounts to viewers. This platform proved to be a success during the pandemic as it recorded 30m live stream views in April… Read More »
Future Growth of Australia Logistics Market: Ken Research How Is Australia Logistics Market Positioned? The Australia logistics and warehousing industry is well established supported by modern infrastructure and an integrated supply chain. The industry has contributed 8.6% to Australia’s GDP in the Logistics industry has come a long way from the past. With the emergence of global players and with the increase in… Read More »
Future Growth of Philippines E-Commerce Logistics Market: Ken Research How Is The Philippines E-Commerce Logistics Market Positioned? The Philippines offers tremendous potential for e-commerce and omnichannel merchants, boasting one of the fastest-growing consumer markets in all of Asia and one of the world’s highest internet usage rates. According to an analysis, the combination of rapid urbanization and an emerging market of young shoppers (the… Read More »
Increasing Online Shoppers Coupled with Growing Middle Class Population has Stimulated Growth in Philippines E-Commerce Logistics Market: Ken Research Rising Government Support: Recognizing the importance of e-commerce for the Philippines economy, the country’s Department of Trade and Industry (DTI) has developed the Philippines E-Commerce Roadmap 2016-2020. Its primary goal is to get online business activities to account for 25% of the country’s GDP by 2020, up from 10% in 2015. The government is committed… Read More »
