Malaysia Logistics Industry Expected to Outperform with the Double Digit Growth of Cold Chain Logistics Market Driven by Rising Demand for Perishable Food Products: Ken Research
Posted on 03 January 2018 by KenResearch
The report includes Malaysia logistics, freight forwarding, warehousing, cold chain, third party logistics, express delivery market size in terms of value, segmentation on the basis of service mix (freight forwarding market, warehousing market and value added services) and by type of industries (oil & gas, engineering equipment, food & beverages, metals, automotive and others). The report also covers value chain analysis for logistics market, comparative analysis of Malaysia logistics market with other global logistics markets, trends and developments, issues and challenges, industry norms and regulations and recent developments in the market. The report also covers the competitive landscape of the industry and comprehensive profile of major players (DB Schenker, Deutsche Post DHL Group, Nippon Express, Tiong Nam Logistics, Tasco, Harbour-Link Group, GD Express, FedEx and C. Steinweg Group) operating in the market. The report includes future outlook and projections of Malaysia logistics market, freight forwarding market, cold chain market, warehousing market, 3PL market and express delivery logistics market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report.
2018 | Malaysia News
- Malaysia’s supportive legislative framework, excellent ports and connectivity, strategic geographical position, vast services provided by logistics providers and highly educated labor force have majorly driven the logistics industry of the country.
- Malaysia's strategic advantage due to its geographical location, Logistics and Trade Facilitation Master Plan 2015-2020 and focus on improving supply-chain efficiency will drive growth in the domestic logistics industry.
Malaysia ranked fourth in the overall Index of the world’s 50 leading emerging markets by business conditions, size, transport connections and infrastructure. Malaysia’s open economy, increasing government initiatives and continued investment in infrastructure are expected to drive the double digit growth of logistics sector in the country in upcoming years. The government of Malaysia has launched Logistics and Trade Facilitation Master Plan 2015-2020 which is focused towards improvement of trade facilitation mechanism, strengthening technological & human resource development, develop infrastructure & freight demand and resolve bottlenecks in the sector. Additionally, Malaysian government has targeted to bring Malaysia among the top 20 countries in the Global Logistics Performance Index by 2020.
The government of Malaysia has increased focus on e-commerce sector and the National E-commerce Strategic Roadmap aims to double Malaysia’s e-commerce growth rate and reach to a GDP contribution of RM 211 billion by 2020. Further, growing internet penetration, increasing per-capita income and technological innovation will aid the overall e-commerce industry which will result in increasing demand for logistics in Malaysia. Malaysia has been the key gateway for foreign direct investments in Southeast Asia and the rest of Asia. Hence, growing FDI, increasing outsourcing of logistics services and growing warehousing facilities in the country will aid the overall logistics market of Malaysia in upcoming years.
Rising Import and Export of Goods in Malaysia, growing air transport freight, increasing number of enterprises in transportation industry, container port traffic and infrastructure expenditure are some other key factors that may have positive impact on the market, according to the Analyst at Ken Research.
Ken Research in its latest study, Malaysia Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, by Express Delivery and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022, suggests that demand for logistics in the country will grow at a positive growth rate owing to growing FDI coupled with growing logistics parks in Malaysia.
Key Topics Covered in the Report
Logistics Infrastructure in Malaysia
Value Chain Analysis Malaysia Logistics Market
Malaysia logistics market size
Malaysia Freight Forwarding Revenue
Major Players in Malaysia Logistics Market
Freight Forwarding Companies in Malaysia
Competition in Malaysia Logistics Market
Malaysia Cold Chain Revenue
Cold Storage Warehouses in Malaysia
3PL Companies in Malaysia
Malaysia Logistics Market Future Growth
DB Schenker Market Share
Deutsche Post DHL Group Fleet Size
Nippon Express Revenue from Logistics in Malaysia
Tiong Nam Logistics competitors
Future of Malaysia Logistics Market
Upcoming Logistics Projects in Malaysia
Government Spendings on Logistics and Infrastructure Malaysia
Market share leading companies Malaysia 3PL
International domestic revenue Malaysia logistics
Growth Malaysia Express Logistics Industry
Cold Storage Warehouses in Malaysia
Cold Transport Services in Malaysia
For more information on the research report, refer to below link:
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Ankur Gupta, Head Marketing