“Myanmar finally joins other ASEAN countries in logistics development by introducing pro-FDI policies, new transportation projects and 3 new SEZs”.
Analysts at Ken Research in their latest publication “Myanmar Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics” believe that the Logistics market has grown due to Myanmar’s strategic location in the Great Lakes region, government spending on the sector and increasing volumes and value of foreign trade.
Strategic Location: Myanmar acts as a gateway between India and China, two major trading partners. It also shares the border with Thailand and stands to benefit from the new Thai-Myanmar Friendship Bridge. Through Yangon ports, Myanmar acts as a trans-shipment hub of Southeast Asia, conducting sea trade with countries such as China, Singapore, Thailand and Japan.
Demand for Cold Storage: Myanmar has abundant access to freshwater and other resources ready to aid rapid industrialization. It is a leading producer of food products and garments, both of which require storage solutions. Livestock and fisheries account for about 20% of total agricultural income in Myanmar. Horticulture and poultry output have grown at 6% to 8% annually over the past two and a half decades, driven by growing urban demand and growing incomes. Ayeyarwaddy and Tanintharyi Regions are by far the largest fish producers.
Dominance of Third-Party Logistics: Due to infrastructural and regulatory hassles, a lot of logistics players in Myanmar such as DHL and CP Logistics prefer to outsource certain operations while maintaining an asset light model. The 3PL market is also being driven by innovations such as trucking aggregators of the likes of Kargo and the market is expected to incline more towards consolidation for mutual benefits.
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.
Key Segments Covered:-
Freight Forwarding Market
Revenue by Mode of Freight Transport
Road Freight (Domestic and International Volume, FTK and Revenue; Number of Registered Vehicles)
Ocean Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity, Sea Port Statistics)
Air Freight (Domestic and International Volume, FTK and Revenue)
Rail Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity and Region)
Freight Revenue by Intercity Road Freight Corridors
Yangon-Mandalay
Yangon-Muse
Yangon-Myawaddy
Others
Revenue By International Road Freight Corridors
Mandalay-Muse-Kumning
Yangon-Myawaddy-Mae Sot
Mandalay-Tamu-Manipur
Revenue by 3PL and Integrated Logistics
3PL Revenue
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)
Warehousing Market
Revenue by Operation Model
Industrial/Retail
ICD/CFS
Cold Storage
Revenue by Type of Warehouse
General Warehouse
Open Yard
Chillers/Freezers
Ambient Warehouse
Bonded Warehouse
Revenue by Contract and Integrated Logistics
3PL
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)
Warehousing Space By Region
Yangon
Mandalay
Others States and Regions
Courier, Express and Parcel Logistics Market
Revenue by Segment
Mails and Documents
E-Commerce Parcels
Express Cargo
Express Cold Chain
Number of Shipments by Domestic and International
Domestic (Mails and Documents and E-Commerce Parcels)
International (Mails and Documents and E-Commerce Parcels)
Number of Shipments by Air and Ground Express
Air Express (Mails and Documents and E-Commerce Parcels)
Ground Express (Mails and Documents and E-Commerce Parcels)
3PL Logistics Market
Revenue by Segment
Freight Forwarding
Warehousing
Value Added Services
Third Party Freight Forwarding Revenue by Phase of Delivery
Hub-Hub
Hub-Spoke
Spoke-Door
Third Party Freight Forwarding Revenue by Domestic and International
Domestic
International (Inbound and Outbound)
International Third Party Freight Forwarding Revenue by Cargo Category
Raw Materials (Building material, machinery, cement, steel, glass, textiles and others)
Spare Parts (Electronic tools, transport equipment spares and other spares)
Finished Goods (Garments, Electronics, Shoes, Bags and others)
Snapshot on E-Commerce Logistics Market in Myanmar
Snapshot on Last Mile Delivery Services in Myanmar
Companies Covered:-
DB Schenker
DHL
Yusen Logistics
Bollore Logistics
Rhenus Logistics
Kerry Logistics
Kuehne Nagel
OV Logistics
Maersk
Mediterranean Shipping Company
Kargo
Kospa Logistics
Damco
Ryobi Myanmar Distribution
CEA Project Logistics
Daizen
EMS
DHL Express
MGL Express
UCL Express
Royal Express
SBS Express
Myanmar Zarla Distribution
RG Express
Marathon Express
Key Target Audience:-
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
For more information, refer to below link:-
Myanmar Logistics and Warehousing Market
Related Reports:-
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
