Executive Summary
Market Performance: The logistics market in the Philippines has evolved in recent years as a result of rising globalisation, which is one of the key driving factors responsible for the market's growth. Although the Philippines' logistics market is not yet mature in comparison to its more mature Asian neighbors such as Singapore and Malaysia, the potential remains high because the market offers numerous opportunities for foreign investors. The country's economic growth has fuelled the logistics sector, resulting in a surge in demand for efficient distribution channels. The expansion of export and import activities in the Philippines has aided the growth of the logistics market significantly.
The logistics market in Philippines reached USD XX billion in 2020 as the nation is a trade-oriented country with over 7,600 islands, 2,000 of which are inhabited. As a result, trade in the nation is critical, and transportation and storage are critical. The entire country's operations are concentrated on Luzon Island, with significant congestion at Manila Ports, which are operating at nearly 90% capacity, compared to the ideal capacity of 75%. The Philippines has one of the highest logistics costs in ASEAN.
Covid-19 Impact: Imports from major trading countries such as China and Hong Kong fell, affecting the quantity of road and sea freight transported from other countries to the port of Manila and other parts of the Philippines. The warehouse storage industry saw the spinning of only essential commodities, resulting in a decrease in Picking Revenues. Because of the perishable nature of pork, the cold chain industry is less affected by the increase in imports.
Enhancing Inter-Island Communication: In Philippine RORO RORO facilities are becoming increasingly popular as it reduced time required for ferry transportation as well as a cost savings of nearly 30%. The Philippine Government added numerous smaller projects as portion of the 'Build Build Build' Program while keeping the larger projects, such as connecting brides for Luzon, Cebu, and Visayas, on hold. And over twenty of the fresh program's 100 projects are PPP deals for enhancing Inter- Island communication funded by large corporations such as San Miguel Corporation.
Government Initiatives: In 2017, the Duterte Administration launched the USD 180 billion "Build, Build, Build" (BBB) programme to address the country's mounting infrastructure challenges. Initially, 75 projects totalling USD 48 billion were designated as flagship projects under the intervention. This includes large-scale rail, airport, road, and bridge construction projects across the country.
Scope of the Study
The following synopsis is based on the report "Philippines Logistics and Freight Forwarding Industry Future Outlook to 2027-COVID-19 Impact Assessment" published by Makreo Research and Consulting Firm. The report delves deeply into various parameters such as market size, segmentation, value chain analysis, and industry cause and effect analysis. The study includes market dynamics that gives an understanding of the industry opportunities, driving forces, major challenges impeding growth, and an analysis of future opportunities that may help market players capitalise on untapped business potential in the specific geography.
The report helps readers to gain information on the following areas:
Table of Content
Report Synopsis
1. Research Methodology
Objective of the Study
Research Process
Data Collection Methods
Analytical Framework
2. Philippines Logistics Industry- EPTD Analysis
Country Overview-EPTD Analysis
Economic Overview
Political Overview
Technological Overview
Demographic Overview
3. Philippines Logistics Industry- Market Dynamics
Philippine Logistics Industry – Driving Forces
Philippine Logistics Industry – Key Challenges
4. Philippines Logistics Industry Infrastructure
Logistics Infrastructure in Philippines – Road Transport
Logistics Infrastructure in Philippines – Rail Transport
Logistics Infrastructure in Philippines – Air Transport
Logistics Infrastructure in Philippines – Maritime Transport
Philippines Container Port Traffic
Air Freight Transportation in Philippines
Freight Transportation in Philippines –Rail Lines
Philippines - Liner Shipping Connectivity Index
5. Philippines Logistics Industry - Market Performance & Future Outlook
Freight Forwarding Market Structure
Philippines Logistics Market Performance
Philippines Logistics Market Revenue
Philippines Logistics Market: COVID-19 Impact
Philippines Logistics Market: Infrastructure Expenditure
Role of Freight Forwarding in the Philippines Logistics Industry
Philippines Logistics Industry Future Outlook
Philippines Logistics Industry Future Outlook
6. Philippine Logistics Market Segmentation – By Mode of Transportation
Philippine Logistics Market by Freight Movement
Philippine Logistics Market By Freight Movement – Sea Freight
Philippine's Logistics Market By Freight Movement –Air Freight
Leading Domestic Airfreight Forwarders
Leading International Airfreight Forwarders
Market Share of Major Air Freight Forwarders
Philippines Logistics Market By Freight Movement – Land Freight
7. Philippine Logistics Market Segmentation – By Services
Philippines Logistics Market by Services (B2B & B2C)
8. Philippine Third Party Logistics (3PL) Market Analysis
Philippine Third Party Logistics (3PL) Market Revenue and Forecast
Philippine Third Party Logistics (3PL) Market-Key Facts
9. Philippine Express Logistics Market Analysis
Philippine Express Logistics Market Performance
Philippine Express Logistics Market Revenue and Forecast
10. Opportunity in Philippines E-commerce Logistics
Digital Philippines – Key Facts
E-commerce Market Potential and Growth
Digital Payments Market
Philippines Internet Statistics
COVID-19 A Boost for Ecommerce Adoption
11. Philippines Logistics Industry-Competitive Landscape
Major Players in Domestic Courier Services
11.1. Mergers & Acquisitions
11.2. Company Profiles – International Players
Company Profile – Deutsche Post DHL Group
Company Profile – Agility Logistics
Company Profile – United Parcel Service Inc.
Company Profile – FedEx Express
Company Profile – XPO Logistics
11.3. Company Profiles- Domestic Players
Company Profile – 2GO Express
Company Profile – Airspeed Logistics Private Limited
Company Profile – Lorenzo Shipping Corporation
12. Philippines Logistics Industry- Macro Economic Factors
Macro-Economic Factors : GDP Performance
Macro-Economic Factors : Income Status
Macro-Economic Factors : Emerging Market Index Point
Macro-Economic Factors : Population Facts
Macro-Economic Factors : Inflation
Macro-Economic Factors : E-commerce and Logistics Cost
Macro-Economic Factors : Foreign Direct Investment
Macro-Economy Factors : Gross Value Added
Limitations of the Study