Malaysia Freight and Logistics Market Overview and Trends – International Companies, Domestic Companies, Nippon Express Co. Ltd – Designer Women

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The Malaysia Freight and Logistics The market report provides insights into the market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunities, capacity, revenue and forecast to 2028. This report also includes the overall and comprehensive study of the Malaysia Freight and Logistics Market with all its aspects influencing the growth of the market. This report is a comprehensive quantitative analysis of the Malaysian freight and logistics industry and provides data for developing strategies to increase market growth and efficiency.

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The Malaysian freight and logistics market is expected to grow at a CAGR of 11% during the forecast period.

Market segmentation:

Leading companies reviewed in the Malaysia Freight and Logistics market report are Ê- International Companies, National Companies, Nippon Express Co. Ltd, CEVA Logistics, Kerry Logistics Network Limited, DB Schenker, Agility Logistics Pvt. Ltd, Hellmann Worldwide Logistics, Other Companies (Key Facts/Overview)

News and Updates

Currently, the Malaysian freight and logistics market landscape is fragmented with a large number of players. For example, the country’s trucking industry is made up of independent truckers and SMEs, which account for more than 70% of the market. However, the industry is expected to transform into a consolidated state in the future. In order to gain significant market share and meet the growing demand, companies are embracing the trend of mergers and acquisitions. Above all, the rise of e-commerce is reflected in a vertical and horizontal consolidation of logistics and e-commerce players, to gain in scale and network.

February 14, 2022 Asyad launches direct shipping line to Malaysia and Singapore– Oman-based Asyad Group, a major logistics hub in the Middle East and North Africa (MENA) region, has launched new direct shipping lines to ports in Singapore and Malaysia.

30/07/2021 CZE launches Malaysia-Europe trucking service to avoid ocean congestion– Penang City-based transport and logistics company Zone Express (CZE) has launched road freight service between Malaysia and Europe.

Market overview

The logistics industry in Malaysia has evolved in recent years. With the rise of e-commerce in the country, businesses are capitalizing on this emerging trend. Business interest in emerging areas, such as cold chain logistics, last mile delivery services, etc. is growing, due to high margins and growing demand. The country’s economy is expected to grow between 5% and 6%, further driving the growth of the logistics industry. Since the growth of the logistics sector is expected to be positive in the future, there are many opportunities for improvement. To enable the logistics industry to handle greater volumes of freight, speed up the time it takes to deliver goods through supply chains, and reduce the cost of that delivery, several improvements need to be made. As the country’s logistics infrastructure improves, continuous investments are needed in infrastructure, such as modernization and expansion of ports, road networks and advanced information technology (IT) system.

In 2019, the Malaysian e-commerce market is expected to be worth $3.7 billion, and in 2023 it is expected to reach $5.7 billion. The growth of e-commerce in this country is growing exponentially, and it is a recent wave with an expected compound annual growth rate of 11.4%.

Malaysia is an attractive market for e-commerce in Southeast Asia due to its dynamic economy and developed infrastructure for digital technologies. Malaysia has approximately 25.84 million active internet users (80% of the population) and the population has extremely high rates of mobile phone penetration. Of the 32.25 million Malaysians in 2019, 25 million are social media users, 40.24 million have mobile subscriptions and 24 million use social media on their mobile devices.

Regional analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia and others), North America (United States, Canada and Mexico), Central and South America (Brazil and rest of South America South), Europe (Germany, France, UK, Italy, Russia and Rest of Europe), Middle East and Africa (GCC countries, Turkey, Egypt, South Africa and others)

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Key Findings from the Malaysia Freight and Logistics Report

─Evaluate market potential by analyzing country-level growth rate (CAGR%), volume (units) and value ($M) data – for product types, end-use applications and by different industry verticals

─Understand the various dynamics influencing the Malaysian freight and logistics market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on how your competitors are performing – Malaysia freight and logistics market shares, strategies, financial benchmarking, product benchmarking, SWOT, etc.

─Analyze sales and distribution channels in key geographies to improve turnover revenue.

─Understand the industry supply chain with in-depth analysis of increasing value at every stage, to optimize value and improve the efficiency of your processes.

─Get a quick snapshot of market entropy – mergers & acquisitions, deals, partnerships, product launches of all key players over the past 4 years.

─Assess the gaps between supply and demand, import-export statistics and the regulatory landscape of more than 20 top countries in the world for freight and logistics in Malaysia

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In conclusion, Malaysia Freight and Logistics market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to act as a profitable guide for all the business competitors of the Malaysian freight and logistics industry. Our team of expert research analysts have been trained to provide in-depth market research reports on each individual sector, which will be helpful in understanding industry data in the most accurate way.

Personalization available– The report can be customized according to the specific research needs of the client. No additional cost will be required to pay for limited additional searches.

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