The report presents an in-depth assessment of the Philippines China Freight And Logistics Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Philippines Freight And Logistics investments from 2021 till 2025.
Philippines Freight And Logistics market is growing at a CAGR of 8.2% during the forecast period (2021-2025).
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The Philippines Freight And Logistics market is highly competitive and consists of a number of major players. Top Companies like FedEx, UPS, DHL, Yusen Logistics, XPO Logistics, Lorenzo Shipping Corporation, TNT, PHL Post, Nippon Express, 2GO Express, JRS Express, Maersk*
Scope of the Report
Many distribution as well as warehousing centers in the Philippines are turning to technology and robotics to help them increase efficiency, accuracy and overall productivity in the near future. Also, the Department of Trade and Industry Philippines has introduced a National logistics master plan which aims at advancing Philippine competitiveness through the establishment of an efficient transport and logistics sector that will contribute towards a robust and resilient Philippine economy.
Key Market Trends
Build, Build, Build Program Government Initiative
The World Economic Forum ranks the Philippines 96th of 141 countries for the quality of its infrastructure. To improve the transport infrastructure. The government set up a long-term scheme to spend 9 trillion pesos ($177bn) on new infrastructure called program. The government is accelerating multiple infrastructure projects under Build, Build, Build Program and among those projects are three bus rapid transits, four seaports, six airports, nine railways and 32 roads and bridges. Moreover, as an initiative of the government to improve the transportation system in the country, there will be an implementation of the Public Utility Vehicle Modernization Program (PUVMP). 2.2 billion Philippine pesos has been allocated for the transport modernization plan, which will be used to provide subsidy to drivers and operators who will be buying electric jeepneys, as well as address the training for drivers. The training will serve as a refresher on the technicalities of driving, safe measures, and proper etiquette in dealing with passengers.
Booming Express Delivery Market in Philippines
With expanding reach of Internet, the e-commerce industry in Philippines has been on a growth spurt. About 71% (76 million) of the country’s population are internet users, and 70% of those internet users are Online shoppers. With the booming e-commerce sector, the need for efficient goods delivery is increasing. As a result, the Express Delivery market is also booming along with e-commerce in the region. Express delivery which comprises of services for documents, mails, parcels and couriers at a premium price for faster delivery times has gained significant popularity amongst the Filipino population. The express delivery systems have created a door to door linkage across domestic and international markets and have developed advanced shipment tracking facilities to cater to the time sensitive needs of the logistics sector.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Philippines Freight And Logistics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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