Malaysia Logistics Market Outlook to 2023: Ken Research

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The report titled “Malaysia Logistics Market Outlook to 2023 – By Air Freight (Cargo Throughput, Domestic and International Freight, Freight Cost, Flow Corridor), By Sea Freight (International and Domestic, Throughput by Ports and Products, Flow Corridor, Freight Cost), Land Freight (Domestic and International, Freight Revenue), Contract Logistics; By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot and Cold Storage) and By Courier, Express and Parcel provides a comprehensive analysis of the logistics of the market of Malaysia. The report also covers logistics infrastructure in the country, value chain analysis, overall market size in terms of revenue; segmentation by service mix for logistics and warehousing market, segmentation by mode of service, mode of freight, flow corridors, end-users, third party logistics and integrated logistics for freight forwarding market; segmentation by air and ground express, domestic and international shipments, delivery period, market structure, region and offshore & on-shore shipments for courier and parcel market; segmentation by delivery period for e-commerce logistics market, intra city and inter-city shipments; segmentation by service mix for the third party logistics market; segmentation by business model, geography, type of warehouses, third party logistics & integrated logistics and end-users for warehousing market; segmentation by cold storage & cold transport for cold chain market; industry norms and regulations, trends and developments, issues and challenges, a matrix of major companies, competitive scenario, company profiles and cross-comparison with other logistics markets. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions for the logistics market.

Malaysia Logistics and Warehousing Market Overview and Size: Malaysia logistics and warehousing market displayed a consistent growth during the period 2013 to 2018. The growing E-commerce sector and rising demand for cold chain, express and third-party logistics (3PL) in the country were witnessed to drive the Malaysia logistics market. In addition to this, the implementation of Eleventh Malaysia Plan (2016-2020) and Logistics and Trade Facilitation Masterplan (2015-2020) by the government also indicate a positive outlook for the industry. The market has increased owing to high domestic consumption and the efforts of the government to boost infrastructure. The investments in infrastructure and technology have impacted Malaysia logistics market positively.

Malaysia Freight Forwarding Market Overview and Size: The freight forwarding market of Malaysia witnessed robust growth over the last five years. The key contributive factors for the growing market included the rising demand for sea and land freight logistics across the country. In addition to this, the freight forwarding market was bolstered by high demand for manufacturing and food and beverages products. Growth in international trade have stimulated regional integration, removal of trade barriers, coupled with the rise in containerization levels and expansion in key external drivers of the industry such as economic, demographic and consumer drivers, have led to growth in demand for transportation. The leading companies in this market include DHL, Tiong Nam Logistics, TASCO Berhad, Kuehne + Nagel, CEVA Logistics, CJ Logistics, DB Schenker, POS Logistics and several others.

Malaysia Warehousing Market Overview and Size: The warehousing market in Malaysia displayed tremendous growth during the period 2013-2018. The growth in the warehousing market of Malaysia was primarily due to expanding FMCG sector, increase in imported goods, increasing government expenditure on improving infrastructure and far-sighted government regulations. The rising industrialization also augmented the demand for warehousing logistics in the country. The growth was attributed to the end consumers that require fast, accurate and safe delivery of goods. The demand for cold storage warehouses has picked up in the past few years. Warehousing has become increasingly sophisticated with the provision of advanced IT solutions for warehouse management, although non-IT problems such as traffic jams, lack of ports and others hamper the delivery of goods. Presently, contemporary warehouses function more than just a good storage facility.

Malaysia Courier and Parcel Market Overview and Size: Malaysia courier and parcel market witnessed strong growth over the past five years. The key contributive factors for the growing market included the rising demand for perishable items that require express delivery services. During the period 2013-2018, the country also witnessed increasing Smartphone users, internet users and the lifestyle of people which also contributed to the growth of the courier and parcel market of the country. The leading companies in this market include POS Malaysia, GD Express, DHL, FedEx, and others.

Malaysia E-Commerce Logistics Market Overview and Size: The E-commerce logistics market of Malaysia significantly grew during the period 2013 to 2018. The market displayed solid growth over the past five years. This was primarily due to the rising number of online orders in Malaysia. Moreover, the cost of logistics services in the E-commerce space of Malaysia also declined by the year 2018 owing to escalating internet penetration in the country. A growing number of online app-based companies were witnessed to expand into all the regions of Malaysia, particularly through a franchise. Additionally, these online firms were observed spending in huge amount towards bringing out major technological advancements within this segment. Express logistics is a premium segment of the logistics industry as it majorly involves time-sensitive shipments of goods via multi-modal transportation primarily through air and road freight transport mediums.

Malaysia Contract Logistics Market Overview and Size: the 3PL market has gained widespread importance over the years as more organizations globally are outsourcing their logistics activities to 3PL service providers. Third-party logistics market in Malaysia displayed a healthy growth during the period 2013 to 2018. The market observed a growth in the outsourcing of logistics requirements which helps companies to focus on their core area of business and reduces the additional cost of operations. The growth in the market also encouraged the emergence of several new players.

Malaysia Cold Chain Market Overview and Size: Malaysia cold chain market was observed to grow notably over the last five years. This is primarily due to rising population leading to the corresponding increment in the demand for food and beverages. The market demand, particularly for seafood and meat products in the country, was also on the rise. Additionally, the majority of the cold chain revenue in the country was observed to come from cold storage requirements.

Malaysia Logistics Market Future Outlook and Projections: Malaysia logistics market is projected to grow consistently during the forecast period 2018-2023 owing to the country’s plans to place itself as “The preferred gateway to Asia”. The key growth drivers for the market include increasing online purchasing bolstering the e-commerce market, increasing year on year investment by the government to improve the state of infrastructure in the country such as road & rail networks, and expansion of airports and seaports. It is also anticipated to encourage new players to enter the market and existing players to expand their current market share. The growing demand for perishable products in the country will consequently, augment the requirement for fast delivery thereby having a positive impact on both the courier and parcel and cold chain markets of Malaysia.