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 »
Future of Philippines Logistics Market Growth: Ken Research How Is the Philippines Logistics Market Positioned? Overview: Philippine is an Import oriented country that comprises 7000 Islands and is dominated by sea freight due to archipelago geography. The operations of the whole country are highly cantered in Luzon Island with major congestion at Manila Ports, working with almost 90% capacity in comparison to the ideal… Read More »
Increased Government Expenditure on Infrastructure for Inter- Island Connectivity, Rising Cold Storage Investments, And Increasing Tech Penetration is Facilitating Growth in Logistics Industry in Philippines: Ken Research Increased Government spending: The government has targeted to increase infrastructure spending to more than 5% of the country’s GDP to reduce congestion and improving road infrastructure in the metropolis. Various efforts include Bonifacio Global City-Ortigas Business Centre link road, Strong Republic Nautical Highway, the introduction of a paperless system at Port of Manila, Public- Private Partnerships deals funded by Big Companies… Read More »
Philippines Logistics Market Outlook to 2024: Ken Research The report titled “Philippines Logistics Market Outlook to 2024 – By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)“ provides a comprehensive analysis on the status of the logistics sector in the Philippines. The report covers various aspects including… Read More »
Philippines Warehousing Market Outlook to 2023 : Ken Research The report titled “Philippines Warehousing Market Outlook to 2023 – By End User (Food and Beverage, Pharmaceuticals and Medical Consumables, Textile and Footwear, Electronics, Chemicals and Others), By International and Domestic Companies, By Business Model (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture and Others) and By Third Party Warehousing” provides a comprehensive analysis of warehousing… Read More »
Philippines Warehousing Industry is highly fragmented with the availability of large Number of Large and Medium Scaled Warehousing Companies: Ken Research The report titled “Philippines Warehousing Market Outlook to 2023 – By End User (Food and Beverage, Pharmaceuticals and Medical Consumables, Textile and Footwear, Electronics, Chemicals, and Others), By International and Domestic Companies, By Business Model (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture, and Others) and By Third Party Warehousing” by Ken Research suggested a growth… Read More »
