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 such as San Miguel Corporation.

High seasonal demand variation: The demand for trucking in the Philippines is the highest during “Sond” Months (Sept, Oct, Nov, and Dec) where the occupancy of trucks is increased by 20-30% with price variation of 30-40% in comparison to normal freight rates due to festivals such as Christmas and New year and additional employee bonus along with benefits given to the employees at the end of the year.

Rising Supply of Cold Storages: Companies such as ORCA Cold chain, Jentec Cold storages, Royal cargo and many more have increased their pallets by more than double in the past few years. The Investments in Chiller – Freezers Convertible pallets has been rising in the country due to rising demand of eat/seafood products. The government is even giving BOI incentive such as Income tax holidays for 3-6 years, 0% VAT and others to locate in LDA or 30 poorest provinces in order to promote cold storages in Philippines.

Rising E commerce: Number of Internet users have risen from 47.4 million 2015 to 67.0 million in 2018 giving rise to sales of Online platforms such as Lazada, Shopee and Zalora that have started to offer 2 day and 1-day delivery along with minimum cart order. An increase in the consumer spending, popularity of e wallets such as Gcash and Smart money will provide a strong growth in retail sector & thus will affect the logistics market positively.

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 Philippines. The report covers various aspects including the current logistics scenario, its components viz, freight transportation, warehousing, CEP, VAS, and cold chain industries, the issues and challenges, major growth drivers, investment in infrastructure, tech disruptions and innovations, and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and volume.

Key Segments Covered: –

Freight Forwarding Market

By Mode of Transportation

Road Freight (Fleets, Volume, FTK, Price/ton/km and Revenue)

Sea Freight (Fleets, Volume, Average Distance, Price/ton/km and Revenue)

Air Freight (Volume, Average Distance, Price/ton/km and Revenue)

By Road transportation

Less than Truck load (Revenue and Volume)

Full truck load (Revenue and Volume)

Warehousing Market

By Business Model (Revenue, Price/sqm, warehousing space, Occupancy rate)

Industrial/Retail

CFS/ICD

Cold Storage

Agriculture

By Industrial warehouses (Revenues)

Grade A

Grade B

Grade C and others

By End Users (Revenues)

Food & Beverages

Textiles and Footwear

Chemicals

Pharmaceuticals and Medical consumables

Electronics

Others include agricultural products, frozen meat and more

Cold Chain Market

By Service

Cold Transportation (Revenues)

Cold Storage (Revenues, Number of Cold storages, Number of pallets, Price/ pallet/day, Occupancy rate)

By Mode of cold transportation

Road (Revenue, reefer trucks)

Air (Revenue)

Sea (Revenue)

Revenue by Temperature Range (Revenue, Price/pallet/day)

Freezers

Chillers

Ambient

By Regions (Number of Cold storages)

Ilocos

Cagayan Valley

Central Luzon

Calabarzon and Mimaropa

Bicol

Western Visayas

Central Visayas

Eastern Visayas

Zamboanga

Northern Mindanao

Davao

Soccsksargen

Caraga

NCR

By type of ownership (Number of cold stores)

Captive

Non captive

Companies Covered

Royal Cargo

W Express (DHL)

2GO logistics

Yusen logistics

AAI logistics

FSTA Trucking

Inland Logistics

Chelsea logistics

RLH Trucking

Cartrex trucking

2SL Services

Air speed

Orient Freight International

Ernest corporation

Cadano Cargo

Pambato

Truckmoto

Mercury Freight

All Transport Network

Legalas International

Mendonza

Agility

ISA Trucking

Asia world

Fast cargo logistics

Panalpina DSV

Rhenus logistics

Nippon Express

Kerry freight

Kintetsu

MMG Freight

Antrak logistics

PRC Food Logistics

Pacific Road link logistics

EVFTC transport

Igloo supply chain

Dinotrans Transport

Refrigerated Truck Door To Door Delivery

Jentec Cold Storage

Glacier Megafridge

Mets Logistics

ORCA Cold Chain Solutions

Big Blue Logistics

Royal Cargo

Vifel cold facility

Royale Cold Storage

Key Target Audience

Freight Forwarding Companies

E Commerce Logistics Companies

3PL Companies

Consultancy Companies

Logistics/Warehousing Companies

Real Estate Companies/ Industrial Developers

Time Period Captured in the Report: –

Historical Period – 2014-2019

Forecast Period – 2020-2024F

Key Topics Covered in the Report: –

Philippines Logistics and Warehousing Market Introduction

Logistics Infrastructure

Cross Comparison of Logistics Performance in Different Countries (Philippines, Philippines, Vietnam, Indonesia and Australia)

Philippines Logistics and Warehousing Market Size

Philippines Logistics and Warehousing Market Segmentation

Philippines Logistics and Warehousing Market Future Outlook

Philippines Logistics and Warehousing Market Future Segmentation

Philippines Freight Transportation Market Size

Philippines Freight Transportation Market Segmentation

Philippines Freight Transportation Market Future Outlook

Philippines Freight Transportation Market Future Segmentation

Philippines Trucking market size

Philippines Trucking Market Segmentation

Philippines Trucking Market Future Outlook

Philippines Trucking Market Future Segmentation

Innovations in Transportation Market

For More Information on the research report, refer to below link: –

Philippines Logistics Market Growth

Related Reports by Ken Research: –

India Logistics Market Outlook to FY24–Driven By Government Infrastructure Push, New Age Logistics Startups, And Technology Innovation

Philippines Cold Chain Market Outlook To 2025: Driven By Rising Processed Food Consumption Owing To Growing Millennial Population Albeit Infrastructure Challenges

Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249