Sea Transport Sector is the Dominant Mode of Transportation in Myanmar: Myanmar has an extensive sea network that is well positioned to serve the country’s main transport corridors, including the link between Yangon and Mandalay. The Port of Yangon is the premier port of Myanmar and handles about 90% of the country’s exports and imports. Trade flow has dramatically increased to USD 27 billion in 2016-17 from USD 18 billion in 2012-13.
Tax Incentives within Special Economic Zones in Myanmar: Myanmar has developed special economic zones in three areas – Dawei, Thilawa and Kyaukphyu – for international investors and multinational companies as developers and partners. There is an Income tax exemption for the first 7 years from the date commercial operations commence within the free zone. Also there is 50% income tax reduction for the second 5 year period for businesses within the free zone or the promotion zone. The Myanmar SEZ Law is aimed at helping the country develop economic momentum and to bring about improvements in the goods processing, trading and services sectors.
Request For Free Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTgx
Rise in E-Commerce in Myanmar: Myanmar’s e-commerce firms have seen a spike in sales during covid with consumers stocking up on hand sanitizers, & other essential items. The numbers of a startup have emerged and come up with the door to door delivery service for the major use of grocery items. The E-Commerce showed a growth rate of ~27% in FY’20. SHOP.com.mm, the local arm of Chinese e-commerce giant Alibaba Group, sold over USD 90,000 worth of goods in the first hour of its first online sale.
Increase in Bonded Warehouses: Custom warehousing can help simplify export and import processes by lowering the advance income tax burden. The aim of bonded warehouses is to align local customs warehousing procedures with international standards and reduce import restrictions on Myanmar goods. The first company in Myanmar to have the opportunity to operate a bonded warehouse is Daizen Myanmar Company. Yangon handles 795,000 TEU of which the proposed 12 bonded warehouse represents capacity of 170,000 TEU or 21% of total container throughput.
Technological Advancements: Radio Frequency Identification, Drones, Robots, Cloud Storage are some of the technological advancements that are changing the face of the warehouse industry in Myanmar. DHL uses Autonomous mobile robots (AMRs) and Stationary robots clean facility floors or for surveillance. DB Schenker’s has implemented NexGen Warehouse Management (NGW) System in Myanmar which is fully customizable and has extensions for various verticals. Introduction & adoption of technologies such as telematics, V2V communications, and tracking to have a strong influence on delivery & service offerings.
Competitive Landscape in Myanmar Logistics Industry:
The competition is highly fragmented with a large number of enterprises within Freight Forwarding, warehousing and CEP segments. It is highly competitive on the basis of type of fleet, number of warehouses, warehousing space, freight volume, clients, and more.
The major freight transport and logistics services players are private companies, except the railway freight operation undertaken by Myanmar Rail (MR) and Inland Waterway Transport (IWT). Most of the companies operating in the country’s logistics sector are small and medium-sized enterprises. Yusen Logistics, DB Schenker, DHL, CEA Project Logistics, DAMCO, RG Logistics, Kerry Logistics, Premium Worldwide are some prominent logistics players active in the market. Players like EMS & Myanmar Post, Ninja Van, Bee Express, SBS Express, and Royal Express offer Courier and Express Services in Myanmar. Though the market has a presence of several leading players from all over the world, it is still a fragmented market without any dominant players.
The report titled “Myanmar Logistics Industry Outlook to FY’27F: Driven by Foreign Infrastructural Investments and Government Support but held back by Covid and unstable political conditions in Myanmar” by Ken Research suggests that the Logistics market is further expected to grow in the near future as there is an increase in the foreign infrastructure investments and government support to make Myanmar a Logistics hub. The government has established a Policy of Trade facilitation and logistics which will upgrade the capacities of international logistic enterprises & improve transport infrastructure. Myanmar has large opportunities to grow quickly, through enhancement of industrialization, necessary infrastructure, a well-established logistics system. The market is expected to register a positive five year CAGR of 12.6% in terms of revenue during the forecast period FY’22-FY’27.
Key Segments Covered in Myanmar Logistics Industry
Myanmar Logistics Market
- Market Size by Revenue, FY’18-FY’27
- Market Segmentation by Freight Forwarding, warehousing, CEP , VAS Market by Revenue, FY 18- FY’27
- Road Freight Market Segmentation on the basis of Type of Fleet Operators, FY’22 and FY’27 (Small Fleet Operators, Medium Fleet Operators, and Large Fleet Operators)
- Market Segmentation on the basis of 3PL/ Integrated by revenue, FY’22 and FY’27
- Market Segmentation on the basis of Type of Mode by revenue, FY’22 and FY’27 (Sea, Road, Air, and Rail),
- Market Segmentation on the basis of Domestic/ International by revenue, FY’22 and FY’27
- Market Segmentation on the basis of Type of End Users by revenue, FY’22 and FY’27 (Food and Beverage, Industrial & Construction, Retail, Automotive and Engineering, and Others)
- Market Size by Revenue generated, FY’18-FY’27
Myanmar Freight Forwarding Market (Volume by Mode of Freight, Revenue, Price per ton per km, Average Distance Travelled)
Myanmar Warehousing Market (Total Area, Revenue, Average Occupancy Rate, Price per sqm per month)
- Market Size by Revenue generated, FY’18-FY’27
- Market Segmentation on the basis of Type of Warehousing Space, FY’22 (Tech/ Non-Tech, Organized/ Unorganized, and Racked/ Unracked)
- Market Segmentation on the basis of Business Model by warehousing space, FY’22 and FY’27 (Industrial/ Retail Warehouses, Container Freight/ ICDs, and Cold Storage)
- Market Segmentation on the basis of Type of Area by warehousing space, FY’22 and FY’ (open/ closed)
- Market Segmentation on the basis of 3PL/ Integrated by revenue, FY’22 and FY’27
- Market Segmentation on the basis of Type of End Users by revenue, FY’22 and FY’27 (Food and Beverage, Industrial & Construction, Retail, Automotive & Engineering, Pharma, and Others)
- Market Segmentation on the basis of Type by regions by warehousing space, FY’22 and FY’27 (Yangon, Mandalay, and others)
Myanmar CEP Market (number of shipments, Revenue, Average E-Commerce Logistics cost)
- Market Size by Revenue generated, FY’18-FY’27
- Market Segmentation on the basis of Type of Domestic/ International Shipments, FY’22 and FY’27
- Market Segmentation on the basis of Business Model by revenue, FY’22 and FY’27 (B2B, B2C, C2C)
- Market Segmentation by Type of Shipments, FY’22 and FY’27 (Same Day, Next Day, 2 Days, More than 2 Days)
Key Target Audience
- Freight Forwarding Companies
- Warehousing Companies
- Express Delivery Companies
- Investors/ Real Estate Developers
Time Period Captured in the Report:
- Historical Period: FY’2018-FY’2022
- Forecast Period: FY’2023-FY’2027
Request For Free Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTgx
Logistics Companies in Myanmar:
Freight and Warehousing Players
- Phee Group
- Sea Lion
- Schenker
- Great Alpha Logistics
- DIL
- KTN Transportation
- Indo Trans Logistics
- Elan Logistics
- Gandamar Shwe Pyi
- Advantis
- Kospa
- CEA Project Logistics
- CJ Logistics
- DAMCO
- N-Box Shipping
CEP Players
- EMS and Myanmar Post
- SBS Express
- Royal Express
- Magnate Group Logistics
- Nippon Express
- United Courier Services
- Ninja Van
- Bee Express
Key Topics Covered in the Report
- Country Overview
- Import and Export Scenario in Myanmar
- Overview of Myanmar’s Logistics Infrastructure
- Logistics Infrastructure in Myanmar: Airports, Seaports, Rail Network and Road Network, Economic Zones in Myanmar
- Trends and Developments in Logistics Industry in Myanmar
- SWOT Analysis in Logistics Industry in Myanmar
- Government Initiatives in the Myanmar Logistics Industry
- Issues & Challenges in Myanmar Logistics Market
- Impact of Covid-19 & Military Coup in Myanmar
- Ecosystem of Major Entities in Myanmar Logistics market
- Freight Aggregator Market Along with Business Models
- Bonded Warehouses in Myanmar
- Technological Innovations in Warehousing Industry
- Myanmar Logistics Current and Future Market Size on the basis of Revenue
- Myanmar Logistics Current and Future Market Segmentations
- Scenario of E-Commerce in Myanmar
- Competition Landscape in Freight Warehousing & CEP Market in Myanmar
For more insights on the market intelligence, refer to the link below: –
Myanmar Logistics Industry: Ken Research
Related Reports by Ken Research: –
Iraq E-Commerce Logistics and Warehousing Market
UAE E-Commerce Logistics Market
Follow Us –
LinkedIn | Instagram | Facebook | Twitter | YouTube
