Analysts at Ken Research in their latest publication “Myanmar Courier, Express and Parcel Market Outlook to 2023 – Driven by Booming E Commerce and Liberalization of Postal Services” believe that the Express Logistics Market in Myanmar is expected to grow due to liberalization of the courier services, market entry of foreign firms and government focus on infrastructural development. The Myanmar Express Logistics Market is expected to grow at a CAGR of ~ 30% during the period 2018-2023.
“From Once Being Sole Operator of Courier Services to Expected Privatization, Myanmar Post and Telecommunication is Changing the Landscape of Express Logistics Market”
Strategic Location: Myanmar enjoys a strategic geographical location in Southeast Asia acting as a gateway between India and the ASEAN Countries. Since the economy opened up in 2011, trade volumes with neighbouring countries such as India, China and Thailand, along with other countries, has been steadily increasing.
Entry of Foreign Players: One of the lucrative factors for investing in Myanmar is the abundant supply of natural resources and one of the cheapest labour costs in Asia. Major corporations, especially consumer goods’ manufacturers, from the US, Europe as well as Asia have announced their intention to return to Myanmar or, to invest for the first time. The total amount of FDI in Myanmar reached USD 7.5 billion in 2018.
Liberalization of Postal Sector: The recent and gradual liberalization of delivery services through partnership with third party logistics provides–after decades of strict monopoly by Myanmar Post for mail and small parcels–have enabled the development of a small e-commerce logistics market, primarily in urban regions of Yangon and Mandalay. Cross border e-commerce is still in the nascent growth stage, mainly due to custom clearance procedures in Myanmar which take 5-7 days as against the ideal standard of 1-2 days.
Focus towards Modernization: Myanmar ranked 126th out of 170 countries in the 2016 Integrated Index for Postal Development by the Universal Postal Union (UPU). UPU is now supporting Myanmar Post to aid its development and digitalization process. The Ministry of Transport and Communication and Japan’s Ministry of Internal Affairs and Communications have signed a memorandum of cooperation in the postal sector for the modernization and improvement of Myanmar’s postal services.
Keywords
Myanmar Express Logistics Market
Myanmar Courier and Parcel Market
Myanmar CEP Market
Number of Parcel Myanmar
Courier Shipments Myanmar
Express Parcels Market Myanmar
Myanmar Logistics Market
Myanmar E-Commerce Market
Myanmar Logistics Cost
Transportation Cost Myanmar
Parcel Freight Cost Myanmar
Myanmar E-Commerce GMV
Myanmar Postal License
Number of E-Commerce Shipments Myanmar
Number of Mails and Documents Myanmar
Domestic E-Commerce Shipments Myanmar
International E-Commerce Shipments Myanmar
Air Freight Revenue Myanmar
Air Freight Volume Myanmar
Road Freight Revenue Myanmar
Air Freight Revenue Myanmar
Cold Chain Myanmar
EMS Myanmar Post Joint Venture
EMS Myanmar Future Plans
DHL Express Myanmar Fleet Size
DHL Express Myanmar Warehousing Space
DHL Express Myanmar Import Rate Chart
DHL Express Myanmar number of Shipments
UCL Partnerships
UCL Business Strategies
UCL Allport Cargo Services Joint Venture
MGL Myanmar Warehousing Space
MGL Myanmar Employee Size MGL Myanmar Fleet Size
MGL Express Rates
MGL Myanmar Number of Shipments
Royal Express Employee size
Royal Express USP
Royal Express Clientele
Royal Express Business Strategy
Royal Express Expansion
Royal Express Rates
Royal Shop Number of Shipments
Royal Express Number of Shipments
SBS Express number of Shipments
SBS Express Revenue
RG Express Myanmar Fleet Size
RG Express Door Asia Cargo
Myanmar Zarla Distribution
Key Segments Covered
Express Logistics Market
Revenue By Type of Service
Mails and Documents
E-Commerce Parcels
Express Cargo
Express Cold Chain
Number of Shipments by Domestic and International
Domestic Shipments
International Shipments
Number of Shipments by Air and Road Express
Air Express
Road Express
Key Target Audience
Courier and Parcel Companies
Express Logistics Companies
3PL Companies
Consultancy Companies
E-Commerce Companies
Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2023
Companies Covered:
EMS
DHL Express
UCL Express
MGL Express
Royal Express
SBS Express
RG Express
Myanmar Zarla Distribution
Marathon Express
Key Topics Covered in the Report
Myanmar Express Logistics Overview and Genesis
Value Chain for E-Commerce Logistics in Myanmar
Myanmar Express Logistics Market Size
Myanmar Express Logistics Market Segmentation
Air and Road Freight Earnings and Volume
Competitive Scenario
Pricing Analysis of Myanmar Express Delivery Firms
Heat Map of Myanmar Express Delivery Firms
Strengths and Weakness of Major Players
Myanmar Express Logistics Future Market Size
Myanmar Express Logistics Future Market Segmentation
Key Industry Norms and Regulations
Analyst Recommendations
For more information, refer to below link:
Myanmar Courier, Express and Parcel Market
Related Reports
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
