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Myanmar Express Courier and Parcel Market Outlook to 2023 - Ken Research
October 2019

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HOW MYANMAR EXPRESS LOGISTICS MARKET EVOLVED?

The political turmoil in Myanmar has long been a degrading factor for the country’s trade and logistics facilitation. In a lot of ways, 2011 was the year Myanmar’s economy opened up to the rest of the world when the new democratic government came to power. Foreign investment has since then been steadily coming in and international companies are looking at Myanmar as a potential growth market. The total amount of FDI in Myanmar reached USD ~ billion in 2018.

The Myanmar Express Logistics Market was valued at USD ~ million in the year 2013, while at present the market is valued at USD ~ million with a CAGR of ~% during the review period. A key driver behind the recent growth in Myanmar’s Express Logistics Market is the strategic location of Myanmar as a gateway between India and ASEAN countries, along with availability of abundant natural resources and cheap labour.

E-Commerce also plays a major role in today’s express logistics market in Myanmar, mainly for domestic shipments.

The recent and gradual liberalization of delivery services through partnership with third party logistics provides–after decades of strict monopoly by Myanmar Post for mail and small parcels–have enabled the development of a small e-commerce logistics market, primarily in urban regions of Yangon and Mandalay.

Myanmar ranked 126th out of 170 countries in the 2016 Integrated Index for Postal Development by the Universal Postal Union (UPU), which is now supporting Myanmar Post to aid its development and digitalization process. Myanmar Post and Telecommunications is also getting support from Japan’s Ministry of Internal Affairs and Communications for the modernization of postal services.

MYANMAR EXPRESS LOGISTICS MARKET SEGMENTATION

Revenue by Type of Service

The major segments of express logistics in Myanmar include mails and documents, e-commerce parcels, express cargo and express cold chain, with a share of ~%, ~%, ~% and ~% respectively. Express cargo dominates the market in term of revenue, mainly due to prosperous Manufacturing Sector which contributes a share of ~ % to the GDP and also the increasing volumes of foreign trade, FMCG and Retail Sector.

Number of Shipments by Domestic and International Shipments

Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are domestic and ~% are international. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are domestic and ~% are international.

Number of Shipments by Air and Road Express

Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are through air express and ~% are through road express. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are through air express and ~% are through road express.

COMPETIVE SCENARIO IN MYANMAR EXPRESS LOGISTICS MARKET

The Express Logistics market in Myanmar is at the nascent growth stage. DHL is the leading international player due to reliability and guarantee of delivery, whereas Royal Express is the leading domestic player. Since EMS is a subsidiary of Myanmar Post it has the widest network of post offices and address database. Due to this reason delivery in rural areas is done mainly through EMS. While the major e-commerce players have logistics partners, the local merchants deliver their packages through unlicensed small delivery service providers or express buses that do not provide guarantee of delivery. This situation is expected to change with the privatization of Myanmar Post and development of postal services.

MYANMAR EXPRESS LOGISTICS FUTURE OUTLOOK AND PROJECTIONS

The government has announced around ~ designated planned transport projects for road, rail, sea and air transport facilities. They are drafting new sets of laws pertaining to telecommunications, e-commerce and cyber security, expected to be aligned with the recent ASEAN E-Commerce Agreement signed in November 2018. The agreement is aimed at facilitating cross border e-commerce transactions. Total cargo volume in 2030 is projected to reach ~ million tons and trade cargo to increase at ~ %. The thriving F&B industry in Myanmar will be the leading growth factor for growth of cold chain in the country by 2030, accounting for ~% of household expenditure. Major corporations, especially consumer goods manufacturers, from the US, Europe as well as Asia have announced their intention to return to Myanmar or, to invest for the first time. All these developments, backed by foreign investment and booming e-commerce sector, are bound to increase the future market size of Express Logistics at a double digit CAGR.

For more information, refer to below link:

Myanmar Courier, Express and Parcel

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