Vietnam Logistics and Warehousing Market Outlook to 2022
By Service Mix (Freight Forwarding, Warehousing, Cold Chain, Express Delivery, E-commerce Logistics, Third Party Logistics)
Region:Asia
Product Code:KR609
March 2018
274
About the Report
Vietnam Logistics and Warehousing Market Segmentation
By End-User: The food and beverage segment dominated the Vietnam logistics and warehousing market with a revenue share of ~%, thus evaluated at USD ~ billion in the year 2017. The sector is primarily driven by rising demand for both foreign as well as local brands in the country. Other sectors such as engineering equipment, metals, automotive, oil and gas, garments, plastic products, cosmetic, rubber products, arts and handicrafts, ceramics, glasses, pharmaceutical products, and medical equipment collectively captured the remaining revenue share of ~% in Vietnam logistics and warehousing market in the year 2017.
Vietnam Freight Forwarding Market: The freight forwarding industry in Vietnam was evaluated at USD ~ billion in terms of revenue contribution in 2011 which was observed to increase to USD ~ billion in the year 2017, thus growing at a six-year CAGR of ~% in the review period 2011-2017. Vietnam’s freight transport market is majorly dominated by two modes namely inland waterway transport (IWT) and the roadways. The percentage of customers opting for express delivery has increased in the past five years, thus evaluated with a revenue share of ~% in the Vietnam freight forwarding market in the year 2017. By freight movement, the sea freight segment dominated the Vietnam freight forwarding market by capturing a revenue share of ~% in the year 2017 majorly due to increasing trade activities amongst the Southeast Asian countries. Over the forecast period, the Vietnam freight forwarding market is expected to generate revenues worth USD ~ billion by the year ending 2018, driven by expanding industrial activities, growing the E-commerce industry, continuous investment by the government in the development of logistics infrastructure in Vietnam.
Vietnam Express Logistics Market: The express logistics market in Vietnam was evaluated at USD ~ million in 2011 which witnessed an increase to USD ~ million in the year 2017, thus growing at a six-year CAGR of ~% in the review period 2011-2017. Vietnamese express delivery firms such as Hop Nhat, ViettelPost and VNPost still have been operating well in the market alongside foreign giants such as DHL, FedEx, and UPS. These foreign giants firms mostly deliver documents, emails, cargos in small quantities. By international and domestic express, the domestic express segment dominated Vietnam express logistics market with a massive revenue share of ~% in the year 2017. The market is estimated to generate revenues worth USD ~ million by the year ending 2018.
Vietnam E-Commerce Logistics Market: A rising number of online orders, especially shipments for FMCG products and consumer durables among the Vietnamese population have been driving the demand for E-commerce logistics in the country. The total number of orders was evaluated at ~ million in the year 2015, which witnessed an increase to ~ million in 2017. By speed of delivery, the 2-day delivery, commonly known as the standard delivery segment was observed to be chosen as the most preferred shipping choice for Vietnamese digital buyers owing to the rise in availability for free shipping among many e-retailers in the country. The segment dominated by capturing a market share of ~% in terms of number of orders, thus evaluated at ~ million in the year 2017. Other delivery modes include 1-day delivery, same-day delivery, and delivery beyond 2 days in Vietnam.
Vietnam 3PL Market: Vietnam's 3PL market was evaluated at USD ~ billion in the year 2011, which witnessed an increase to USD ~ billion in the year 2017, thus growing at a six-year CAGR of ~% in the review period 2011-2017. 3PL providers can offer a variety of services to companies seeking to outsource logistics functions in Vietnam majorly including domestic transportation, international transportation, and warehousing. The International companies operating in Vietnam 3PL market has clearly established themselves as a market leader by capturing a whopping revenue share worth ~% in the year 2017. The market is estimated to generate revenues worth USD ~ billion by the year ending 2022, thus growing at a CAGR of ~% in the forecast period 2018-2022.
Vietnam Warehousing Market: In terms of revenue generation, the warehousing market in Vietnam was evaluated at USD ~ billion in the year 2011. The market was witnessed to increase to USD ~ billion in the year 2017, thus growing at a six-year CAGR of ~% for the review period 2011-2017. Growing manufacturing activities in Vietnam, rising domestic consumption and increasing international trade were some of the primary growth drivers of warehousing in Vietnam. By a number of warehouses, the Southern region dominated the Vietnam warehousing market with the presence of ~% warehouses in the year 2017 owing to proximity towards key destinations such as airports, seaports, major cities, main highways, and borders. The remaining ~% revenue share was collectively captured by the Northern and Central Vietnam in 2017. Vietnam warehousing market is expected to generate revenues worth USD ~ billion in the year 2018 owing to rising demand for warehousing services because of a lack of adequate space in the ports and IDC and CFS.
Competitive Landscape in Vietnam Logistics and Warehousing Market: The freight forwarding industry in Vietnam was observed as highly fragmented with the presence of both domestic as well as international freight forwarders in the country. In accordance with Vietnam Freight Forwarders Association (VIFFAS), there are approximate ~ freight forwarders in Vietnam as of 2013, most of which constitute small and medium-sized enterprises with limited capital, well-equipped facilities and a respectable number of warehouses. The express logistics industry in Vietnam was witnessed to be highly concentrated with the presence of major players in both domestic as well as internal express segments. The E-commerce logistics market in Vietnam was observed to be highly concentrated with the presence of major players such as GHN, VNPost and Viettel Post covering around ~% of the market share in the year 2017. Competition within the logistics industry is ramping up due to tightened capacity along with increased consolidation within the supply chain arena, which has resulted in fewer partners for 3PLs and increased prices. The warehousing industry is one of the major segments of the Vietnam logistics and warehousing sector which encompasses a mix of both unorganized and organized players. The companies in the country are competing with each other on the basis of the size and location of the warehouse.
Key Topics Covered in the Report
- Executive Summary
- Research Methodology
- Vietnam Logistics and Warehousing Market Introduction
- Transport and Logistics Infrastructure in Vietnam Logistics and Warehousing Market
- Value Chain Analysis for Vietnam Logistics and Warehousing Market
- Vietnam Logistics and Warehousing Market Size, 2011-2017
- Vietnam Logistics and Warehousing Market Segmentation, 2011-2017
- Vietnam Freight Forwarding Market
- Vietnam E-Commerce Logistics Market
- Vietnam Express Logistics Market
- Vietnam 3PL Market
- Vietnam Warehousing Market
- SWOT Analysis for Vietnam Logistics and Warehousing Market
- Trends in Vietnam Logistics and Warehousing Market
- Regulatory Framework in Vietnam Logistics and Warehousing Market
- Recent Industry Activities in Vietnam Logistics and Warehousing Market
- Company Profiles of Major Players in Vietnam Logistics and Warehousing Market
- Vietnam Logistics and Warehousing Market Future Outlook and Projections, 2018-2022
- Analyst Recommendations in Vietnam Logistics and Warehousing Market
- Macroeconomic Factors affecting Vietnam Logistics and Warehousing Market
Products
Companies
- DHL Express Vietnam,
- FedEx Vietnam,
- GHN,
- Damco Vietnam,
- Sotrans Vietnam,
- Vinafco,
- Kerry Logistics Vietnam,
- Bac Ky Logistics Vietnam,
- Nippon Express Vietnam,
- Vietnam Airlines,
- Transimex Saigon Corporation,
- Sea and Air Freight International,
- Vinalink Logistics,
- PetroVietnam Transport Corporation,
- Noi Bai Cargo Terminal Services and Others
Table of Contents
1. Executive Summary
Vietnam Logistics and Warehousing Market Size
Vietnam Logistics and Warehousing Market Segmentation
Vietnam Freight Forwarding Market
Vietnam Express Logistics Market
Vietnam E-Commerce Logistics Market
Vietnam 3PL Market
Vietnam Warehousing Market
Competitive Landscape of Major Players Operating in Vietnam Logistics and Warehousing Market
Vietnam 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-E-Commerce Logistics
Market Sizing Approach-3PL Market
Variables Dependent and Independent
Multifactor Based Sensitivity Model
Limitations
Conclusion
3. Vietnam Logistics and Warehousing Market Introduction
3.1. Vietnam Logistics and Warehousing Market Overview and Genesis
3.2. Comparative Analysis of Vietnam Logistics and Warehousing Market with Global Logistics and Warehousing Market
3.3. Cross Comparison of Vietnam Logistics and Warehousing Market with Indonesia, Australia and Singapore
Comparative Compliance to ASEAN Logistics Sector Roadmap
4. Transport and Logistics Infrastructure in Vietnam Logistics and Warehousing Market
4.1. Roadways
4.2. Seaways
4.2.1. Inland Waterways
4.2.2. Maritime Shipping
4.3. Railways
4.4. Airways
List of Airports that will be Developed or Upgraded by the year ending 2030
5. Value Chain Analysis for Vietnam Logistics and Warehousing Market
5.1. Major Entities Involved
5.2. Major Problems in Value Chain
5.3. Initiatives Taken to Improve Predictability in Supply Chains and Boost Competitiveness in Vietnam
6. Vietnam Logistics and Warehousing Market Size, 2011-2017
6.1. By Revenues, 2011-2017
7. Vietnam Logistics and Warehousing Market Segmentation, 2011-2017
7.1. By Service Mix (Freight Forwarding, Warehousing Services and Value-Added Services), 2011-2017
7.2. By Regions (Red River Delta, Da Nang, Ho Chi Minh City and Others), 2017
7.3. By End Users (Food and Beverages, Engineering Equipment, Metals, Automotives and Others), 2017
8. Vietnam Freight Forwarding Market
8.1. Vietnam Freight Forwarding Market Overview and Genesis
8.2. Vietnam Freight Forwarding Market Size, 2011-2017
8.3. Vietnam Freight Forwarding Market Segmentation, 2011-2017
8.3.1. By Normal and Express Delivery, 2011-2017
8.3.2. By Freight Movement (Sea, Road, Air and Rail), 2017
8.3.3. By International and Domestic Freight Forwarding, 2017
8.3.4. By Flow Corridors, 2017
8.3.5. By International and Domestic Companies, 2017
8.4. Competition Scenario in Vietnam Freight Forwarding Market
8.5. Vietnam Freight Forwarding Market Future Outlook and Projections, 2018-2022
8.5.1. By Revenues, 2018-2022
9. Vietnam Express Logistics Market
9.1. Vietnam Express Logistics Market Overview and Genesis
9.2. Value Chain Analysis in Vietnam Express Logistics Market
9.3. Vietnam Express Logistics Market Size, 2011-2017
9.3.1. By Revenues, 2011-2017
9.4. Vietnam Express Logistics Market Segmentation, 2016-2017
9.4.1. By International and Domestic Express, 2016-2017
9.4.2. By Air and Ground Express, 2016-2017
International Operations
Domestic Operations
9.4.3. By B2B, B2C and C2C, 2017
9.5. Pricing Analysis for Vietnam Express Delivery Market
9.5.1. DHL Express
9.5.2. FedEx Express
For international Priority Shipments
For International Priority Freight Shipments
For International Economy Shipments
For International Economy Freight Shipments
International Priority 10.0 kg & 25.0 kg Box Shipments
For International Priority Direct Distribution
For International Economy Direct Distribution
Viettel Post
VNPost
GHN
9.6. Market Share of Major Players in Vietnam Express Logistics Market, 2016
9.6.1. Domestic Express, 2016
9.6.2. International Express, 2016
9.7. Comparative Landscape of Major Players operating in Vietnam Express Logistics Market
9.7.1. Competition Scenario in Vietnam Express Logistics Market
9.7.2. Company Profiles of Major Players Operating in Vietnam Express Logistics Market
GHN (Giao Hang Nhanh)
DHL Express
FedEx Vietnam
Snapshot on Other Players Operating in Vietnam Express Logistics Market
9.8. Vietnam Express Logistics Market Future Outlook and Projections, 2018-2022
9.8.1. By Revenue, 2018-2022
10. Vietnam E-Commerce Logistics Market
10.1. Vietnam E-Commerce Logistics Market Size, 2015-2017
10.1.1. By Logistics Revenue and Shipment, 2015-2017
10.2. Vietnam E-Commerce Logistics Market Segmentation, 2017
10.2.1. By Channel (3PL Companies and E-Commerce Merchants), 2017
10.2.2. By Speed of Delivery (2 Day Delivery, 1 Day Delivery, Same Day Delivery, Within 2 Hours and Delivery Beyond 2 Days), 2017
10.2.3. By Area of Delivery (Intercity and Intracity), 2017
10.2.4. By Payment Method (Cash on Delivery and Others), 2017
10.3. Growth Drivers and Trends in Vietnam E-Commerce Logistics Market
10.4. Government Role in Vietnam E-Commerce Logistics Market
10.5. Competitive Landscape of Major Players Operating in Vietnam E-Commerce Logistics Market
10.5.1. Competition Scenario in Vietnam E-Commerce Logistics Market
10.5.2. Market Share of Major Players Operating in Vietnam E-Commerce Logistics Market, 2017
10.6. Vietnam E-Commerce Logistics Market Future Outlook and Projections, 2018-2022
10.6.1. By Logistics Revenue, 2018-2022
11. Vietnam 3PL (Third Party Logistics) Market
11.1. Vietnam 3PL Market Overview and Genesis
11.2. Vietnam 3PL Market Size, 2011-2017
11.2.1. By Revenues, 2011-2017
11.2.2. Cross Comparison of 3PL Market in Vietnam with Global 3PL Market
11.2.3. Cross Comparison of 3PL Market in Vietnam with Asia-Pacific 3PL Market, 2016
11.3. Vietnam 3PL Market Segmentation, 2017
11.3.1. By Market (Freight Forwarding and Warehousing Services), 2017
11.3.2. By Companies (International Companies and Domestic Companies), 2017
11.4. Competitive Landscape of Major Players Operating in Vietnam 3PL Market
11.4.1. Competition Scenario in Vietnam 3PL Market
11.5. Vietnam 3PL Market Future Outlook and Projections
11.5.1. By Revenues, 2018-2022
12. Vietnam Warehousing Market
12.1. Vietnam Warehousing Market Overview and Genesis
12.2. Value Chain Analysis in Vietnam Warehousing Market
12.3. Vietnam Warehousing Market Size, 2011-2017
12.3.1. By Revenues, 2011-2017
12.4. Vietnam Warehousing Market Segmentation, 2017
12.4.1. By Number of Warehouses (Southern Vietnam and Others), 2017
Binh Duong Province
Bac Ninh Province
12.4.2. By End User (Retail, Electronic Devices, Textile and Footwear, Wooden Products and Others), 2017
12.4.3. By International and Domestic Companies, 2017
12.4.4. By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others), 2017
12.5. Competition Scenario in Vietnam Warehousing Market
12.6. Vietnam Warehousing Future Outlook and Projections, 2018-2022
12.6.1. By Revenue, 2018-2022
12.6.2. Emerging Warehousing Technological Innovations in Vietnam
13. SWOT Analysis for Vietnam Logistics and Warehousing Market
14. Trends in Vietnam Logistics and Warehousing Market
14.1. Outsourcing Logistics Functions to Third-Party Logistics Service Providers (3PL)
14.2. Rising Mergers and Acquisitions in Vietnam
14.3. Lengthy Customs Process
14.4. Inadequacy of Transport Infrastructure
14.5. Increase in Shipping Time
14.6. Low Truck Utilization in Vietnam
14.7. Increasing Fraud and Corruption in Vietnam Logistics
14.8. High Logistics Costs
15. Regulatory Framework in Vietnam Logistics and Warehousing Market
Certain Contradictions to Decree 140 in Vietnam Logistics Industry
Decree of Logistics Companies
16. Recent Industry Activities in Vietnam Logistics and Warehousing Market
17. Company Profiles of Major Players in Vietnam Logistics and Warehousing Market
17.1. Damco Vietnam
17.2. Sotrans Vietnam
17.3. Vinafco
17.4. Kerry Logistics Vietnam
17.5. Bac Ky Logistics Vietnam
17.6. Nippon Express Vietnam
17.7. Vietnam Airlines
17.8. Transimex Saigon Corporation
17.9. Sea and Air Freight International
17.10. Vinalink Logistics
List of Container Type
17.11. PetroVietnam Transport Corporation
17.12. Noi Bai Cargo Terminal Services
17.13. Other Players Operating in Vietnam Logistics and Warehousing Market
18. Vietnam Logistics and Warehousing Market Future Outlook and Projections, 2018-2022
18.1. By Revenues, 2018-2022
18.2. By Service Mix, 2018-2022
Future Strategies to Improve Logistics Infrastructure in Vietnam
19. Analyst Recommendations in Vietnam Logistics and Warehousing Market
20. Macroeconomic Factors affecting Vietnam Logistics and Warehousing Market
20.1. Vietnam E-Commerce Industry, 2011-2022
20.2. Volume of Cargo Handled Across Seaports in Vietnam, 2011-2022
20.3. Volume of Domestic Air Freight in Vietnam, 2011-2022
20.4. Number of Supermarkets in Vietnam, 2011-2022
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