Philippines Logistics and Warehousing Market Outlook to 2023
By Freight Forwarding, Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics, Balikbayan Box Segment
Region:Asia
Product Code:KR682
August 2018
309
About the Report
The report titled "Philippines Logistics and Warehousing Market Outlook to 2023 - By Freight Forwarding, Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics, Balikbayan Box Segment" provides a comprehensive analysis of logistics and warehousing services, express delivery, e-commerce logistics, 3PL and Balikbayan box industry. The report also covers the overall competitive landscape; government role and regulations, SWOT analysis, growth drivers, trends and developments. The report concludes with future projections and analyst recommendations highlighting the major opportunities and cautions.
Philippines has witnessed a growing need of maritime, aviation and land transport systems to ensure efficient flow of resources and commodities within the country as well as to other countries globally. The country is focusing on improving its trade relations which has resulted in growth in import and export in terms of value and volume. Philippines logistics and warehousing market augmented positively from 2012 to 2017 at a positive CAGR during the review period 2012-2017. Additionally, the country has witnessed increasing container freight traffic volume during the same period.
The freight forwarding segment dominated the overall Philippines logistics and warehousing market in the year 2017, followed by the warehousing segment. Road freight has been considered as the most convenient mode of transportation of goods owing to high demand from the industrial sector coupled with booming E-commerce industry in the country. The increase in demand for transportation of goods from one place to another has accelerated the size of the freight forwarding market in the country. Moreover, the high export and import revenues have positively impacted the freight forwarding industry in the country.
The growth of freight forwarding in Philippines was supported by development in major industries such as manufacturing, retail, wholesale, construction, agriculture and mining. In the Philippines, land transport has dominated the overall freight forwarding industry which has accounted for maximum revenue share in the overall logistics market during 2017, followed by air and water transport, respectively. The government of Philippines has initiated a ‘Build Build Build’ infrastructure program under which many projects will start construction in 2018 in the cargo transportation industry.
The Philippines has been considered as one of the most strategic locations in the Indo-Pacific Ocean. Industrial / Retail sector is the largest contributor to the warehousing sector, followed by container freight, cold storage, agriculture and others in terms of revenues in 2017. Increasing prominence of online shopping will increase the size of E-commerce industry in the country. The companies from retail sector, FMCG sector, pharmaceutical sector, apparels and other accessories are anticipated to witness robust growth. E-commerce companies require warehousing facilities to store the products which will trigger the demand for warehousing space in coming future.
The express delivery companies have created a door to door linkage across domestic and international markets and have developed advanced shipment tracking facilities to cater to time-sensitive needs of the logistics sector. Air express has dominated the express delivery market in terms of revenue during 2017, followed by road express in the Philippines. The services provided by express delivery companies such as guaranteed delivery services, door to door delivery, track orders and others will continue to drive the demand for express delivery services in near future.
Philippines E-commerce industry has witnessed a moderate rise over the past three years with an increase in internet penetration into the country. Additionally, escalation in the number of smart phones in the country has augmented the online shopping. Companies such as DHL, LBC and UPS have inculcated e-commerce features in their websites in order to assist customers to order online. It has been expected that the e-commerce logistics will witness a CAGR of 24.9% during the years 2016-2020.
Third party logistics providers are independent companies that provide multiple logistics services to a purchasing company. Some of the significant services offered by 3PL providers in the Philippines include warehousing, freight forwarding, customs brokerage, product labeling and packaging, inventory management and fleet management. Demand for 3PL (Third Party Logistics) services has been increasing in the Philippines on account of increasing need to handle increased delivery and warehousing volume, owing to booming E-commerce.
The balikbayan boxes serve as an emotional bridge between parents and siblings who part with their families to earn a higher wage abroad collectively known as “Overseas Filipino Workers.” The influx of Balikbayan boxes to the Philippines has been examined to increase during the holiday season whereas, slow growth was observed in balikbayan box shipments during off-season.
The domestic express delivery firms have a stronger presence in several cities nationwide whereas, international express delivery firms dominate the Philippines express delivery market. The E-commerce logistics industry of the Philippines was observed to be highly concentrated with the presence of major players such as Lazada, LBC Express, DHL and Shopee covering around majority of the market share in the year 2017. These companies were witnessed to compete on parameters such as shipping points, coverage area, delivery assistance (last mile) and payment collection medium. The competition in the Balikbayan box market has been intensified due to rising presence of a large number of domestic and international players in the industry.
Growing E-commerce industry has given opportunities to logistics players to expand their business across the nation and it will further enhance the demand of logistics in coming years. The logistics and warehousing companies operating within the Philippines are expected to invest on advanced technologies solutions for instance, autonomous logistics, real-time tracking, automation and robotics in order to provide an improved customer service.
Freight forwarding Market
By Mode of transport
Land Transport
Water Transport
Air Transport
By Destination
By International Freight
Domestic Freight
By Flow Corridors
Asia
North America
Europe
Middle East and others
By Owned Fleet and Rented/3PL Fleet
By Normal and Express Delivery
Philippines Warehousing Market
By End Users
Food & Beverage
Pharmaceuticals & Medical Consumables
Textile and Footwear
Electronics
Chemicals and others
By International and Domestic Companies
By Business Model
Industrial / Retail Freight
Container Freight
Cold Storage
Agriculture and others
Philippines Express Delivery Market
By Type
Air Express
Road Express
By Delivery Type
International Delivery and Domestic Delivery
By Business Mode
B2B, C2C and B2C
Philippines E-commerce Market
By Channel
E-commerce merchants
3PL – Third Party Logistics companies
By Time Duration
One Day Delivery
2 Day Delivery
Same Day Delivery and others
By Area
Intracity
Intercity
By Payment Method
Cash on Delivery and others
Philippines 3PL Market
By Market
Freight Forwarding
Warehousing
Philippines Balikbayan Box Market
By On-season
Off-season
Freight Forwarders
Warehousing Companies
Packaging and Labeling Companies
Cold Storage Facilities and Transportation Companies
Express Delivery Companies
E-commerce Logistics Service Providers
Postal, Couriers & Messengers
Third Party Logistics Companies
Inventory Management Companies
Warehousing Automation and Technology Services Providers
Balikbayan Box Shipment Companies
Consulting Companies
Private Equity/ VCs/ Investment Banking Companies
2012-2017 - Historical Period
2018-2023 - Future Forecast
Freight Forwarding and Warehousing Companies
Chelsea Logistics Holdings Corporation, International Container Terminal Services Inc., Lorenzo Shipping Corporation, Metro Alliance Holdings and Equity Corp., Asian Terminals Inc., AAI Worldwide Logistics Inc., Kintetsu World Express, Royal Cargo, ABest Express, Agility, Panalpina, Yusen Logistic Co. Ltd., All Transport Network Logistics (ATN), F2 Logistics, All Systems Logistics (ASL), LF Logistics, Nippon Express, Expeditors
Express and E-Commerce Logistics Companies
LBC Express, 2GO, PHL Post, JRS Express, Air 21, DHL, FedEx, UPS, TNT, Lazada Express, Shopee
Balikbayan Box
Jolly B Box, Forex Cargo, Afreight
Executive Summary
Research Methodology
Philippines Logistics and Warehousing Market Introduction
Transport and Logistics Infrastructure in Philippines Logistics and Warehousing Market
Value Chain Analysis in Philippines Logistics and Warehousing Market
Philippines Logistics and Warehousing Market Size, 2012-2017
Philippines Logistics and Warehousing Market Segmentation, 2012-2017
Philippines Freight Forwarding Market
Philippines Warehousing Market
Philippines Express Delivery Market
Philippines E-Commerce Logistics Market
Philippines 3PL (Third Party Logistics) Market
Philippines Balikbayan Box Market
Philippines Logistics and Warehousing Market Drivers and Trends
Regulatory Scenario in the Philippines Logistics and Warehousing Market
Issues & Challenges in Philippines Logistics Market
SWOT Analysis in the Philippines Logistics and Warehousing Market
Company Profiles of Major Players Operating in the Philippines Logistics and Warehousing Market
Philippines Logistics and Warehousing Market Future Outlook and Projections, 2018E-2023E
Analyst Recommendations in Philippines Logistics and Warehousing Market
Macroeconomic Variables affecting Philippines Logistics and Warehousing Market, 2012-2022E
Products
Freight forwarding Market (By Mode of transport: Land Transport, Water Transport and Air Transport, By Destination: By International Freight and Domestic Freight, By Flow Corridors: Asia, North America, Europe, Middle East and others, By Owned Fleet and Rented/3PL Fleet, By Normal and Express Delivery), Philippines Warehousing Market (By End Users: Food & Beverage, Pharmaceuticals & Medical Consumables, Textile and Footwear, Electronics, Chemicals and others, By International and Domestic Companies, By Business Model: Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and others), Philippines Express Delivery Market (By Type: Air Express and Road Express, By Delivery Type: International Delivery and Domestic Delivery, By Business Mode: B2B, C2C and B2C), Philippines E-commerce Market (By Channel: E-commerce merchants, 3PL – Third Party Logistics companies, By Time Duration: One Day Delivery, 2 Day Delivery, Same Day Delivery and others, By Area: Intracity and Intercity, By Payment Method: Cash on Delivery and others), Philippines 3PL Market (By Market: Freight Forwarding and Warehousing), Philippines Balikbayan Box Market (By On-season and Off-season)
Companies
Freight Forwarding and Warehousing Companies (Chelsea Logistics Holdings Corporation, International Container Terminal Services Inc., Lorenzo Shipping Corporation, Metro Alliance Holdings and Equity Corp., Asian Terminals Inc., AAI Worldwide Logistics Inc., Kintetsu World Express, Royal Cargo, ABest Express, Agility, Panalpina, Yusen Logistic Co. Ltd., All Transport Network Logistics (ATN), F2 Logistics, All Systems Logistics (ASL), LF Logistics, Nippon Express, Expeditors), Express and E-Commerce Logistics Companies ( LBC Express, 2GO, PHL Post, JRS Express, Air 21, DHL, FedEx, UPS, TNT, Lazada Express, Shopee), Balikbayan Box (Jolly B Box, Forex Cargo, Afreight)
Table of Contents
1. Executive Summary
Philippines Logistics and Warehousing Market Overview and Size
Philippines Logistics and Warehousing Market Segmentation
Philippines Freight Forwarding Market
Philippines Warehousing Market
Philippines Express delivery Market
Philippines E-Commerce Logistics Market
Philippines Third Party Logistics (3PL) Market
Philippines balikbayan Box Market
Comparative Landscape in Philippines Logistics and Warehousing Market
Philippines Logistics and Warehousing Market Future Outlook and Projections
2. Research Methodology
2.1. Market Definition and Size
2.2. Abbreviations
2.3. Market Size and Modeling
Research Methodology
Market Sizing Approach Overall
Market Sizing Approach-E-Commerce Logistics
Market Sizing Approach-3PL Market
Variables Dependent and Independent
Multifactor Based Sensitivity Model
Limitations
Conclusion
3. Philippines Logistics and Warehousing Market Introduction
3.1. Philippines Logistics and Warehousing Market Overview and Genesis
3.2. Cross Comparison of Philippines Logistics and Warehousing Market with Vietnam, Indonesia and Singapore
4. Transport and Logistics Infrastructure in Philippines Logistics and Warehousing Market
4.1. Road Network in the Philippines, 2012-2017
4.2. Airports in the Philippines, 2012-2017
4.3. Seaports in the Philippines, 2012-2017
5. Value Chain Analysis in Philippines Logistics and Warehousing Market
5.1. Major Entities Involved
6. Philippines Logistics and Warehousing Market Size, 2012-2017
6.1. By Revenues, 2012-2017
Medium Term Development Plan, 2011-2016
Government Policy Initiatives
7. Philippines Logistics and Warehousing Market Segmentation, 2012-2017
7.1. By Service Mix (Freight Forwarding, Warehousing and Value Added Services), 2012-2017
8. Philippines Freight Forwarding Market
8.1. Philippines Freight Forwarding Market Introduction
8.2. Philippines Freight Forwarding Market Size, 2012-2017
8.3. Philippines Freight Forwarding Market Segmentation, 2012-2017
8.3.1. By Mode of Transport (Road Transport, Air Transport and Water Transport), 2012-2017
8.3.2. By Major Flow Corridors (Asia, North America, Europe, Middle East and Others), 2017
8.3.3. By Rented / 3PL and Owned Fleet, 2017
8.3.4. By Delivery Type (Normal Delivery and Express Delivery), 2017
8.4. Competitive Landscape in Philippines Freight Forwarding Market
8.4.1. Competition Scenario
8.4.2. Market Share of Top 30 International Airfreight Forwarders Operating in the Philippines Freight Forwarding Market, 2017
8.4.3. Market Share of International Air Freight Forwarders Operating in the Philippines Freight Forwarding Market, 2016
8.4.4. Market Share of Domestic Air Freight Forwarders Operating in the Philippines Freight Forwarding, 2017 Semester 1
8.4.5. Market Share of Domestic Air Freight forwarders Operating in the Philippines Freight Forwarding Market, 2016
8.5. Philippines Freight Forwarding Market Future Outlook and Projections, 2018E-2023E
8.5.1. By Mode of Transport (Road Transport, Water Transport and Air Transport), 2018E-2023E
8.5.2. By Rented / 3PL and Owned Fleet, 2018E-2023E
8.5.3. By Delivery Type (Normal Delivery and Express Delivery), 2018E-2023E
9. Philippines Warehousing Market
9.1. Philippines Warehousing Market Introduction
9.2. Philippines Warehousing Market Size, 2012-2017
Snapshot on Cold Chain Logistics in Philippines
9.3. Philippines Warehousing Market Segmentation, 2017
9.3.1. By End User (Food and Beverage, Pharmaceuticals and Medical Consumables, Textile and Footwear, Electronics, Chemicals and Others), 2017
9.3.2. By International and Domestic Companies, 2017
9.3.3. By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others), 2017
9.3.4. By Owned and Rented- Domestic Companies, 2017
9.4. Competitive Scenario In Philippines Warehousing Market
9.5. Philippines Warehousing Market Future Outlook and Projections, 2018E-2023E
9.5.1. By End User (Food and Beverage, Pharmaceuticals and Medical, Consumables, Textile and Footwear, Electronics, Chemicals and Others, 2018E-2023E
10. Philippines Express Delivery Market
10.1. Philippines Express Delivery Market Introduction
10.2. Value Chain Analysis of Philippines Express Delivery Market
10.3. Philippines Express Delivery Market Size, 2012-2017
10.4. Philippines Express Delivery Market Segmentation
10.4.1. By Mode of Transport (Air Express and Road Express), 2017
10.4.2. By Delivery Type (International Express and Domestic Express), 2017
Domestic Operations
International Operations
10.4.3. By Business Model (B2B, B2C and C2C), 2017
10.5. Express Delivery Market Barriers to Entry
10.6. IT Systems Architecture in Express Delivery market
10.7. Competitive Landscape in Philippines Express Delivery Market, 2012-2017
10.7.1. Philippines Domestic Express Delivery Market
10.7.2. Company Profiles of Major Players in Philippines Domestic Express Delivery Market
LBC Express
2GO Group Inc
Philippines Postal Corporation
Airfreight 2100 (Air21)
JRS Express
Other Players (Xend Business Solutions and ABest express) Operating in the Philippines Express Delivery Market
Domestic Delivery Partnerships
10.7.3. Competitive Landscape in Philippines International Express Delivery Market, 2017
10.7.4. Company Profiles of Major Players Operating in Philippines International Express Delivery Market
10.7.5. Pricing Analysis in Philippines International Express Delivery Market, 2017
DHL
UPS
TNT Express
FedEx
Gateway Analysis
10.8. Quality Analysis in Philippines Express Delivery Market
10.9. Philippines Express Delivery Market Future Outlook and Projections, 2018E-2023E
10.9.1. By Mode of Transport (Air Express and Road Express), 2018E-2023E
10.9.2. By Business Mode (B2B, C2C and B2C), 2018E-2023E
11. Philippines E-Commerce Logistics Market
11.1. Philippines E-Commerce Logistics Market Introduction
11.2. Philippines E-Commerce Logistics Market Size, 2012-2017
11.3. Philippines E-Commerce Logistics Market Segmentation, 2017
11.3.1. By Channel (E-Commerce Merchants and 3PL Companies), 2017
11.3.2. By Time Duration (One Day Delivery, Two Day Delivery, Same Day Delivery and Others), 2017
11.3.3. By Area of Delivery (Intracity and Intercity), 2017
11.3.4. By Payment Method (Cash on Delivery and Others), 2017
11.4. Growth Drivers of Philippines E-commerce Logistics Industry
11.5. SWOT Analysis of E-commerce Logistics Market in the Philippines
11.6. Government Role in the Philippines E-commerce Logistics Market
11.7. Competitive Landscape in Philippines E-Commerce Logistics Market
11.7.1. Competition Scenario in Philippines E-Commerce Logistics Market
11.7.2. Market Share of Major Players Operating in Philippines E-Commerce Logistics Market, 2017
11.7.3. Company Profile of Major Players Operating in Philippines E-Commerce Logistics Market
Lazada
Shopee
11.8. Philippines E-Commerce Logistics Market Future Outlook and Projections, 2018E-2023E
11.8.1. By Channel (3PL Companies and E-Commerce Merchants), 2023E
11.8.2. By Speed of Delivery (One Day Delivery, 2 Day Delivery, Same Day Delivery and Others), 2023E
11.8.3. By Area of Delivery (Intracity and Intercity), 2023E
11.8.4. By Payment Method (Cash on Delivery and Others), 2023E
12. Philippines 3PL (Third Party Logistics) Market
12.1. Philippines Third Party Logistics Market Introduction
12.2. Value Chain Analysis in the Philippines 3PL (Third Party Logistics) Market
12.3. Philippines Third Party Logistics (3PL) Market Size, 2012-2017
12.4. Cross Comparison of Philippines 3PL with Asia Pacific 3PL Market, 2016
12.5. Philippines 3PL Market Segmentation, 2017
12.5.1. By Market Type (Freight Forwarding and Warehousing Services), 2017
12.6. Issues and Challenges Faced By 3PL (Third Party Logistics) Companies in the Philippines
12.7. Future Outlook and Projections of Philippines 3PL (Third Party Logistics) Market, 2018E-2023E
13. Philippines Balikbayan Box Market
13.1. Philippines Balikbayan Box Market Introduction
Transportation of Balikbayan Boxes
13.2. Philippines Balikbayan Box Market Size, 2012-2017
13.3. Philippines Balikbayan Box Market Segmentation, 2017
13.3.1. By Seasonal Demand (On-Season and Off-Season), 2017
13.4. Competitive Landscape in Philippines Balikbayan Box Market
13.4.1. Competition Scenario in Philippines Balikbayan Box Market
13.4.2. Company Profile of Major Players (Jolly B Box, Forex Cargo and Afreight) Operating in the Philippines Balikbayan Box Market, 2017
13.5. Philippines BalikbayanBox Market Future Outlook and Projections, 2018E-2023E
14. Philippines Logistics and Warehousing Market Drivers and Trends
14.1. Focused Investments in Infrastructure
14.2. Amplified Demand from Middle Income Group
14.3. Rise in Trade Volumes
14.4. Expansion of Ecommerce Industry
14.5. Cyclical Functionality
14.6. Mergers and Acquisitions
14.7. Increase in the TEU Capacity of Ports, 2012-2017
14.8. Increase in the Number of Vehicles Carried by RO-RO Vessels, 2010-2015
14.9. Technological Advancements
14.10. Increasing Use of Robotics
14.11. Increasing Presence of Retail Service Outlets in Organized Formats
15. Regulatory Scenario in the Philippines Logistics and Warehousing Market
Rankings 2016
15.1. Customs Procedures for Import in the Philippines
15.2. Customs Duties and Taxes on Imports in the Philippines
15.3. Customs Procedure for Export in the Philippines
15.4. Philippines Tax Authority VAT Regulations
Department of Trade (DOT) Orders Phasing Out 15 yrs and above aged trucks in the Philippines
15.5. New Balikbayan Box Policy
15.6. Customs Facilities and Warehouses
15.7. Clearance Process for Goods Entered under Customs Bonded Warehousing (CBW) System in the Philippines
16. Issues & Challenges in Philippines Logistics Market
16.1. High Logistics Cost
16.2. Land and Space Utilization
16.3. Inefficient Logistics Systems
17. SWOT Analysis in Philippines Logistics and Warehousing Market
18. Company Profiles of Major Players Operating in the Philippines Logistics and Warehousing Market
18.1. Chelsea Logistics Holdings Corporation
18.2. International Container Terminal Services, Inc.
18.3. Lorenzo Shipping Corporation
18.4. Metro Alliance Holdings & Equity Corporation
18.5. Asian Terminals Inc.
18.6. AAI Worldwide Logistics Inc
18.7. Kintetsu World Express
18.8. Royal Cargo
18.9. Other Players (Yusen Logistic Co. Ltd, All Transport Network Logistics, F2 Logistics, All Systems Logistics, LF Logistics, Nippon Express, Panalpina, Expeditors, Orient Freight International, Metro Combined Logistics Solutions Inc., Infinity Logistics Philippines Co. and MMG Corporation Philippines) Operating in the Philippines Logistics and Warehousing Market
19. Philippines Logistics and Warehousing Market Future Outlook and Projections, 2018E-2023E
19.1. By Revenues, 2018E-2023E
List of Future Transportation Projects in the Philippines Including Project Name and Description
19.1.1. By Service Mix (Freight Forwarding, Warehousing and Value Added Services), 2018E-2023E
20. Analyst Recommendations in Philippines Logistics and Warehousing Market
20.1. Domestic Market
20.2. International Market
Recommendations for Improving Rural Logistics Infrastructure in the Philippines
21. Macroeconomic Variables affecting Philippines Logistics and Warehousing Market, 2012-2022E
21.1. Philippines Aircraft Cargo Throughput, 2012-2022E
21.2. Number of Investment Deals in Domestic Transport and Storage, 2012-2022E
21.3. Number of Registered Trailers (New), 2012-2022E
21.4. Philippines Container Freight Traffic (Domestic), 2012-2022E
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