Philippines Freight and Logistics Market Introduction and Overview
According to SPER Market Research, the Philippines Freight and Logistics Market is estimated to reach USD 36.15 billion by 2033 with a CAGR of 7.33%.
The report includes an in-depth analysis of the Philippines Freight and Logistics Market, including market size and trends, product mix, End Users, and supplier analysis. Freight and logistics involve the comprehensive management of goods from their origin to the destination, encompassing planning, implementation, and control. In the Philippines, it includes transportation by road, rail, air, and sea, along with related services like warehousing, customs clearance, and supply chain management. Efficiently managing freight and logistics is essential for businesses to achieve on-time delivery, cost efficiency, and customer satisfaction.
- November 2022: The Ayala Group aims to strengthen its presence in the less-regulated and profitable logistics industry by expanding its logistics business. Utilizing its logistics arm, AC Logistics Holdings Corp., the diversified conglomerate plans to acquire another company to broaden its operations. In August of the previous year, AC Logistics successfully finalized the acquisition of a 60 percent stake in Air 21 Holdings Inc. (AHI) for PHP 6.06 billion (USD 0.19 billion).
- June 2022: CEVA Logistics has set up a new facility spanning 14,000 square meters in Southeast Asia to enhance its capabilities in the region. The warehouse is specifically designed to cater to the electronics and food and beverage industries, offering a comprehensive range of services. The facility includes 13 loading bays, floor staging, storage for ambient and temperature-controlled dangerous goods, and an optimized shelf arrangement with a capacity of up to 16,000 pallet placements.
Market Opportunities and Challenges
- Opportunities:
- E-commerce Logistics: The exponential expansion of e-commerce provides logistics companies with potential openings to provide specialized services like same-day delivery, reverse logistics, and fulfillment centers.
- Last-Mile Delivery Solutions: The demand for effective last-mile delivery solutions in urban and rural regions opens up avenues for companies to invest in pioneering delivery methods, such as drones and electric vehicles.
- Cold Chain Logistics: The rising need for temperature-controlled storage and transportation of perishable goods has created a growing opportunity for companies to invest in cold chain logistics infrastructure.
- Challenges:
- Inadequate Infrastructure: The Philippines encounters obstacles concerning insufficient infrastructure, such as congested ports, limited road and rail connectivity, and outdated logistics facilities, which impede the smooth movement of freight.
- Complex Customs Procedures: Complicated customs procedures, characterized by lengthy and intricate clearance processes, result in delays and higher transaction costs, negatively impacting the overall efficiency of the logistics supply chain.
Market Competitive Landscape
The freight and logistics market in the Philippines is characterized by a fragmented competition, with numerous local and international service providers operating within it. International logistics firms are strategically investing in the region to establish a strong network, which involves the opening of new distribution centers and smart warehouses. The growth of e-commerce plays a pivotal role in driving the expansion of courier services in the country. Rising consumption and increased Internet penetration contribute to the thriving e-commerce activity in the Philippines. Prominent participants in the market include 2GO Express, CJ Logistics, DB Schenker, Deutsche Post DHL Group, FedEx Corporation, JRS Express, Kuehne + Nagel International AG, LBC Express, Nippon Express, Nippon Yusen NYK , PHL Post, United Parcel Service, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Function, By End User
|
| Regions covered | CALABARZON, Cebu, Central Luzon, Metro, Manila, National Capital Region, Others
|
| Companies Covered | 2GO Express, CJ Logistics, DB Schenker, Deutsche Post DHL Group, FedEx Corporation, JRS Express, Kuehne + Nagel International AG, LBC Express, Nippon Express, Nippon Yusen NYK , PHL Post, United Parcel Service, Others |
COVID-19 Impact on Philippines Freight and Logistics Market
The freight and logistics business in the Philippines was greatly affected by the Covid-19 outbreak. The early travel bans and lockdowns hampered supply networks, slowing down the flow of commodities and reducing cargo volumes. After the initial limits were relaxed, the sector encountered difficulties enacting worker safety regulations and adhering to health standards, which had an impact on operational effectiveness. During the pandemic, there was a move towards online purchasing, which caused a spike in e-commerce activity and a rise in the demand for last-mile delivery services. Despite the difficulties, the industry saw a stronger emphasis on automation and digitization to improve resilience and adaptation in the face of pandemic-related uncertainty.
Key Target Audience
- E-commerce Businesses
- Freight Forwarders
- Government Agencies and Military
- Importers and Exporters
- Manufacturers and Suppliers
- Manufacturers of Heavy Equipment and Machinery
- Pharmaceutical and Healthcare Industry
- Retailers and Wholesalers
- Supply Chain Managers
- Third-Party Logistics (3PL) Providers
- Others
Our in-depth analysis of the Philippines Freight and Logistics Market includes the following segments:
|
By Function:
|
Freight Forwarding
Freight Transport
Air
Rail
Road
Sea & Inland Water
Value-added Services
Warehousing
Others
|
|
By End User:
|
Agriculture, Fishing, and Forestry
Construction
Distributive Trade
Healthcare and Pharmaceuticals
Manufacturing and Automotive
Oil and Gas, Mining, and Quarrying
Other End Users
|
Key Topics Covered in the Report
- Philippines Freight and Logistics Market Size (FY’2023-FY’2033)
- Overview of Philippines Freight and Logistics Market
- Segmentation of Philippines Freight and Logistics Market By Function (Freight Forwarding, Freight Transport, Value-added Services, Warehousing, Others)
- Segmentation of Philippines Freight and Logistics Market By End User (Agriculture, Fishing, and Forestry, Construction, Distributive Trade, Healthcare and Pharmaceuticals, Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Other End Users)
- Statistical Snap of Philippines Freight and Logistics Market
- Expansion Analysis of Philippines Freight and Logistics Market
- Problems and Obstacles in Philippines Freight and Logistics Market
- Competitive Landscape in the Philippines Freight and Logistics Market
- Impact of COVID-19 and Demonetization on Philippines Freight and Logistics Market
- Details on Current Investment in Philippines Freight and Logistics Market
- Competitive Analysis of Philippines Freight and Logistics Market
- Prominent Players in the Philippines Freight and Logistics Market
- SWOT Analysis of Philippines Freight and Logistics Market
- Philippines Freight and Logistics Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Philippines Freight and Logistics Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Philippines Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Philippines Freight and Logistics Market
7. Philippines Freight and Logistics Market, By Function (USD Million)
7.1. Philippines Freight and Logistics Market Value Share and Forecast, By Function, 2023-2033
7.2. Freight Forwarding
7.3. Freight Transport
7.3.1. Air
7.3.2. Rail
7.3.3. Road
7.3.4. Sea & Inland Water
7.4. Value-added Services
7.5. Warehousing
7.6. Others
8. Philippines Freight and Logistics Market, By End User (USD Million)
8.1. Philippines Freight and Logistics Market Value Share and Forecast, By End User, 2023-2033
8.2. Agriculture, Fishing, and Forestry
8.3. Construction
8.4. Distributive Trade
8.5. Healthcare and Pharmaceuticals
8.6. Manufacturing and Automotive
8.7. Oil and Gas, Mining, and Quarrying
8.8. Other End Users
9. Philippines Freight and Logistics Market Forecast, 2019-2033 (USD Million)
9.1. Philippines Freight and Logistics Market Size and Market Share
10. Philippines Freight and Logistics Market, By Function, 2019-2033 (USD Million)
10.1. Philippines Freight and Logistics Market Size and Market Share By Function (2019-2026)
10.2. Philippines Freight and Logistics Market Size and Market Share By Function (2027-2033)
11. Philippines Freight and Logistics Market, By End User, 2019-2033 (USD Million)
11.1. Philippines Freight and Logistics Market Size and Market Share By End User (2019-2026)
11.2. Philippines Freight and Logistics Market Size and Market Share By End User (2027-2033)
12. Philippines Freight and Logistics Market, By Region, 2019-2033 (USD Million)
12.1. Philippines Freight and Logistics Market Size and Market Share By Region (2019-2026)
12.2. Philippines Freight and Logistics Market Size and Market Share By Region (2027-2033)
12.3. CALABARZON
12.4. Cebu
12.5. Central Luzon
12.6. Metro Manila
12.7. National Capital Region
12.8. Others
13. Company Profile
13.1. 2GO Express
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. CJ Logistics
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. DB Schenker
13.3.1. United Parcel Service
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Deutsche Post DHL Group
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. FedEx Corporation
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. JRS Express
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Kuehne + Nagel International AG
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. LBC Express
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Nippon Express
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. PHL Post
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. United Parcel Service
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
