“The National Transport Policy launched by the Government of Malaysia in the year 2018 provides strategic direction for a sustainable transport sector and strengthening the infrastructure development of the country”
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” by Ken Research recommends that the companies operating in logistics and warehousing market in Malaysia can expand their market share and increase revenue generated by focusing on international freight forwarding, investing in air and sea freight logistics and incorporate advanced technologies like RFID and EDI in warehouses to improve efficiency. The market is expected to register an overall positive CAGR of 9.3% by revenue during the forecast period 2018-2023.
Implementation of Logistics and Trade Facilitation Masterplan (2015-2020): The Economic Planning Unit (EPU) has formulated the Logistics and Trade Facilitation Masterplan (2015-2020) which provides the strategic framework and roadmap to elevate Malaysia to be the “Preferred Logistics Gateway to Asia” by 2020. The government initiatives have supported the evolution of logistics companies in the new digital era with the provision of top-quality infrastructures such as the Digital Free Trade Zone (DFTZ), KLIA Aeropolis, new seaports, and rail connectivity. As of 2017, a total of 84 Integrated Logistics Services (ILS) projects have been granted incentives with investments valued at MYR 4.9 billion. A total of 10 ILS projects were approved in 2017 and further growth is expected, creating jobs for 468 Malaysians. In the transport sub-sector that covers maritime transport, aviation, highway construction, and maintenance; a total of 16 projects were approved with investments of MYR 4.5 billion, where MYR 4.3 billion was contributed by domestic investors, and MYR 237.6 million by foreign investors.
Consolidations, Mergers, and Acquisitions Driving the Logistics Industry: The current landscape of logistics players in Malaysia is fragmented with a large number of players across the value chain. In recent years, the industry witnessed many players consolidating to capture niche segments such as cold chain, or expanding into the courier, express and parcel space by riding on the e-commerce wave. These merger and acquisitions trends were supported by observations of higher margins and stronger revenue growth within niche 3PL and CEP segments. For instance, TASCO Berhad ventured into cold-chain services via the acquisition of Gold Cold Transport (GCT) and MILS Cold Chain Logistics (MCCL) in 2017.
Inefficient Transport Facilities and Infrastructure: Malaysia’s logistics capabilities are restricted by competing for transport facilities, with individual transport modes competing rather than complementing each other. Limited accessibility and connectivity to hinterland areas and poor integration with other transport modes resulted in lower demand for rail freight in Malaysia. Poor road connectivity to major ports caused delays and resulted in higher inland transportation and handling costs. As per the Logistics Performance Index 2018 published by World Bank, Malaysia was ranked at 41st position, lagging behind its neighbors – Singapore (7th rank) and Thailand (32nd rank) in the year 2018, thereby indicating the need for the development of infrastructure and trade logistics in Malaysia.
Key Segments Covered:-
Logistics and Warehousing:
By Service Mix (Freight Forwarding, Warehousing and Courier and Parcel Activities)
Freight Forwarding:-
By Mode of Service (Land Freight, Sea Freight, and Air Freight)
By Mode of Freight (Domestic and International Freight Forwarding)
By Flow Corridors (Asian Countries, North American Countries, European Countries, and Others)
By End Users (Food and Beverages, Automotive, Manufacturing, and Others)
By Third Party Logistics and Integrated Logistics
Courier and Parcel:–
By Air and Ground Express
By Domestic and International Shipments
By Delivery Period (One Day Delivery, Two Day Delivery, Three Day Delivery, and More than Three Day Delivery)
By Intra City and InterCity
By Market Structure (B2B, B2C, and C2C Segments)
By Region (Central, Southern, Northern, Eastern Coast & East Malaysia)
By Onshore and Offshore Shipments
E-Commerce:
By Delivery Period (Same Day Delivery, Next Day Delivery, Two Day and More than Two Day Delivery)
By Area of Delivery (Intracity and Intercity Shipments)
Third-Party Logistics:
By Service Mix (Freight Forwarding and Warehousing)
Warehousing:
By Business Model (Industrial/Retail, Container Freight/Inland Container Depot, and Cold Storage)
By Geography (Central, Southern, Northern and Eastern Coast & East Malaysia)
By Type of Warehouses (Closed Warehouses and Open Yards)
By Third Party Logistics and Integrated Logistics
By End Users (Food and Beverages, Manufacturing, Automotive, Consumer Retail, and Others)
Cold Chain
By Cold Storage and Cold Transport
Key Target Audience:-
Logistics Companies
Warehousing Companies
Cold Chain Companies
Courier and Parcel Companies
Express Logistics Companies
E-Commerce Logistics Companies
E-Commerce Companies
Logistics Association
Government Association
Investors and Private Equity Companies
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019-2023
Key Companies Covered:-
Freight Forwarding and Warehousing Market:-
DHL
Kuehne + Nagel
Tiong Nam Logistics
TASCO Berhad
CEVA Logistics
DB Schenker
Agility Logistics
CJ Logistics
POS Malaysia
Nippon Express
DKSH
FedEx
Courier and Parcel Market
POS Malaysia
GD Express
E-Commerce Logistics Market
Lazada Express
Ninja Van
POS Logistics
DHL eCommerce
The Lorry
Skynet
ABX Express
J&T Express
Keywords:-
Malaysia Logistics market player’s competition
Future growth Malaysia logistics warehousing industry
Malaysia freight forwarding market research report
Revenue earned by Malaysia Logistics companies
Land freight charges Malaysia
Major freight forwarding companies in Malaysia
POS Malaysia financials audited report Malaysia
Malaysia International Shipping Rates
Malaysia Multimodal Freight Transportation
E-commerce Logistics Players Malaysia
Warehousing Services in Malaysia
Warehousing Type Malaysia
Malaysia Cold Storage Warehouse
Value-Added Services Malaysia
Cold Chain Market Malaysia
Third-Party Logistics Malaysia
For More Information On The Research Report, Refer To Below Link:-
Malaysia Logistics Market Outlook
Related Reports by Ken Research:-
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