Logistics and Warehousing Market Philippines, Logistics Cost Philippines, Inventory Cost Philippines, Airport Operations in Philippines Logistics : Ken Research
Philippines has witnessed a growing need of maritime, aviation and land transport systems to ensure efficient flow of resources and commodities within the country as well as to other countries globally. The country is focusing on improving its trade relations which has resulted in growth in import and export in terms of value and volume.
Philippines has witnessed a growing need of maritime, aviation and land transport systems to ensure efficient flow of resources and commodities within the country as well as to other countries globally. The country is focusing on improving its trade relations which has resulted in growth in import and export in terms of value and volume.
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• By Service Mix<br />
• The freight forward<strong>in</strong>g segment dom<strong>in</strong>ated the overall <strong>Philipp<strong>in</strong>es</strong> logistics <strong>and</strong><br />
warehous<strong>in</strong>g market <strong>in</strong> the year 2017, followed by the warehous<strong>in</strong>g segment. Road<br />
freight has been considered as the most convenient mode of transportation of<br />
goods ow<strong>in</strong>g to high dem<strong>and</strong> from the <strong>in</strong>dustrial sector coupled with boom<strong>in</strong>g E-<br />
commerce <strong>in</strong>dustry <strong>in</strong> the country. The <strong>in</strong>crease <strong>in</strong> dem<strong>and</strong> for transportation of<br />
goods from one place to another has accelerated the size of the freight forward<strong>in</strong>g<br />
market <strong>in</strong> the country. Moreover, the high export <strong>and</strong> import revenues have<br />
positively impacted the freight forward<strong>in</strong>g <strong>in</strong>dustry <strong>in</strong> the country.<br />
• <strong>Philipp<strong>in</strong>es</strong> Freight Forward<strong>in</strong>g <strong>Market</strong><br />
• The growth of freight forward<strong>in</strong>g <strong>in</strong> <strong>Philipp<strong>in</strong>es</strong> was supported by development <strong>in</strong><br />
major <strong>in</strong>dustries such as manufactur<strong>in</strong>g, retail, wholesale, construction, agriculture<br />
<strong>and</strong> m<strong>in</strong><strong>in</strong>g. In the <strong>Philipp<strong>in</strong>es</strong>, l<strong>and</strong> transport has dom<strong>in</strong>ated the overall freight<br />
forward<strong>in</strong>g <strong>in</strong>dustry which has accounted for maximum revenue share <strong>in</strong> the<br />
overall logistics market dur<strong>in</strong>g 2017, followed by air <strong>and</strong> water transport,<br />
respectively. The government of <strong>Philipp<strong>in</strong>es</strong> has <strong>in</strong>itiated a ‘Build Build Build’<br />
<strong>in</strong>frastructure program under which many projects will start construction <strong>in</strong> 2018<br />
<strong>in</strong> the cargo transportation <strong>in</strong>dustry.
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