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Philippines Freight and Logistics Market - Growth, Trends, and Forecasts (2020 - 2025)

  • ID: 4514811
  • Report
  • August 2020
  • Region: Philippines
  • 120 pages
  • Mordor Intelligence

FEATURED COMPANIES

  • 2GO Express
  • DHL
  • FedEx
  • JRS Express
  • Maersk*
  • Nippon Express
  • MORE
The Philippines freight and logistics market is expected to grow at a CAGR of around 8.2% during the forecasted period. Currently, along with the introduction of new web technologies and surging E-commerce operations, last mile logistics has gained popularity in the Philippines, especially amongst domestic shipping companies in the country. Many distribution as well as warehousing centers in the Philippines are turning to technology and robotics to help them increase efficiency, accuracy and overall productivity in the near future. Also, the Department of Trade and Industry Philippines has introduced a National logistics master plan which aims at advancing Philippine competitiveness through the establishment of an efficient transport and logistics sector that will contribute towards a robust and resilient Philippine economy.

Key Market Trends

“Build, Build, Build Program” - Government Initiative

The World Economic Forum ranks the Philippines 96th of 141 countries for the quality of its infrastructure. To improve the transport infrastructure. The government set up a long-term scheme to spend 9 trillion pesos ($177bn) on new infrastructure called “Build, Build, Build” program. The government is accelerating multiple infrastructure projects under “Build, Build, Build Program” and among those projects are three bus rapid transits, four seaports, six airports, nine railways and 32 roads and bridges. Moreover, as an initiative of the government to improve the transportation system in the country, there will be an implementation of the “Public Utility Vehicle Modernization Program (PUVMP).” 2.2 billion Philippine pesos has been allocated for the transport modernization plan, which will be used to provide subsidy to drivers and operators who will be buying electric jeepneys, as well as address the training for drivers. The training will serve as a refresher on the technicalities of driving, safe measures, and proper etiquette in dealing with passengers.

Booming Express Delivery Market in Philippines

With expanding reach of Internet, the e-commerce industry in Philippines has been on a growth spurt. About 71% (76 million) of the country’s population are internet users, and 70% of those internet users are Online shoppers. With the booming e-commerce sector, the need for efficient goods delivery is increasing. As a result, the Express Delivery market is also booming along with e-commerce in the region. Express delivery which comprises of services for documents, mails, parcels and couriers at a premium price for faster delivery times has gained significant popularity amongst the Filipino population. The express delivery systems have created a door to door linkage across domestic and international markets and have developed advanced shipment tracking facilities to cater to the time sensitive needs of the logistics sector.

The infrastructural growth and development in the country over the past few years has complemented the express delivery market in the country with an escalated preference of business and consumers to transport goods in shorter amount of time. The Philippines express sector majorly utilizes two modes of transportation, namely, air and road networks. In the year 2015, road express systems registered the major share of the express delivery market over air express. One of the major reasons of the lower share of air express has been the low traffic capacity and a smaller number of orders for same day delivery due to higher logistics cost relative to reasonable cost normal delivery/ courier/ parcel services.

For Express Delivery Market DHL was observed as the major player in terms of revenues and was followed by FedEx. Also, a larger volume of trade has been observed to take place with the availability of international express delivery services.

Competitive Landscape

The competition in the Philippines freight and logistics market is highly fragmented with presence of many local and international logistics service providers. Some of the existing major players in the market include - FedEx, UPS, DHL, Yusen Logistics, XPO Logistics, Lorenzo Shipping Corporation, TNT, PHL Post, Nippon Express, 2GO Express, JRS Express and Maersk. Philippines logistics and warehousing market has evolved in recent years with increased trade activities in the country. Sectors such as automotive industry, electronic products, apparel and accessories, chemicals and pharmaceuticals with their huge demand for logistics services are driving the logistics industry in the country.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 2GO Express
  • DHL
  • FedEx
  • JRS Express
  • Maersk*
  • Nippon Express
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Government Regulations and Initiatives
4.3 Technological Trends
4.4 Insights on the E-commerce Industry
4.5 Insights on Logistics Infrastructure Development in Philippines
4.6 Brief on Courier, Express, and Parcel (CEP) market in Philippines (Market Size and Forecast)
4.7 Insights on 3PL market in Philippines (Market Size and Forecast)

5 MARKET DYNAMICS
5.1 Drivers
5.2 Restraints
5.3 Opportunities
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitutes
5.4.5 Intensity of Competitive Rivalry

6 MARKET SEGMENTATION
6.1 By Function
6.1.1 Freight Transport
6.1.1.1 Road
6.1.1.2 Inland Water
6.1.1.3 Air
6.1.1.4 Rail
6.1.2 Freight Forwarding
6.1.3 Warehousing
6.1.4 Value-added Services and Others
6.2 By End User
6.2.1 Manufacturing and Automotive
6.2.2 Oil and Gas, Mining, and Quarrying
6.2.3 Agriculture, Fishing, and Forestry
6.2.4 Construction
6.2.5 Distributive Trade (Wholesale and Retail Segments - FMCG included)
6.2.6 Other End Users (Telecommunications, Pharmaceuticals, etc.)

7 COMPETITIVE LANDSCAPE
7.1 Market Concentration Overview
7.2 Company Profiles
7.2.1 FedEx
7.2.2 UPS
7.2.3 DHL
7.2.4 Yusen Logistics
7.2.5 XPO Logistics
7.2.6 Lorenzo Shipping Corporation
7.2.7 TNT
7.2.8 PHL Post
7.2.9 Nippon Express
7.2.10 2GO Express
7.2.11 JRS Express
7.2.12 Maersk*

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

9 APPENDIX
9.1 Macroeconomic Indicators
9.2 Insights on Capital Flows
9.3 External Trade Statistics (Detailed exports and imports by product)
9.4 Economic Statistics - Transport and Storage Sector Contribution to Economy

10 DISCLAIMER
Note: Product cover images may vary from those shown

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  • FedEx
  • UPS
  • DHL
  • Yusen Logistics
  • XPO Logistics
  • Lorenzo Shipping Corporation
  • TNT
  • PHL Post
  • Nippon Express
  • 2GO Express
  • JRS Express
  • Maersk*
Note: Product cover images may vary from those shown

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