PUNE, Aug. 04, 2022 (GLOBE NEWSWIRE) -- “Malaysia Freight and Logistics”
Malaysia Freight and Logistics Market provides detailed analysis of Market Overview, Drivers, Prospects, Potential Application. Also Malaysia Freight and Logistics Industry research report includes the future impact of major drivers and challenges and, support decision makers in manufacture cost-effective professional decisions. 1para para1 It moreover discussions about the Malaysia Freight and Logistics market size of different sections and their growth aspects along with growth trends, various investors, business leader, dealers, sellers, Study & media,SWOT analysis.
Majority of the population of the country is concentrated along the coastline of the country, which makes the logistics cost low. However, efficient transport links are needed, connecting the seaports and the cities through road and rail. According to the World Bank Logistics Performance Index (LPI), in 2016, Malaysia had the highest LPI score after Singapore in the Southeast Asian region. However, Thailand and Vietnam have overtaken Malaysia according to the LPI scores of 2018. The LPI rank of Malaysia among the 160 countries in the world declined to the 41st position in 2018 from 32nd position in 2016
2022 Malaysia Freight and Logistics Market Report Contains: -
- Complete overview of the global Malaysia Freight and Logistics Market
- Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Malaysia Freight and Logistics markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
- Description and analysis of Malaysia Freight and Logistics market potential by type, Deep Dive, disruption, application capacity, end use industry
- impact evaluation of most important drivers and restraints, and dynamics of the global Malaysia Freight and Logistics market and current trends in the enterprise
- Detailed profiles of the Top major players in the industry, including. Deutsche Post DHL Group, Yusen Logistics Co. Ltd - TASCO Berhad, Nippon Express Co. Ltd, CEVA Logistics, Kerry Logistics Network Limited, DB Schenker, Agility Logistics Pvt. Ltd, Hellmann Worldwide Logistics, DSV, Kuehne + Nagel International AG, United Parcel Service Inc., FedEx Corporation*, Domestic Companies, Tiong Nam Logistics Holdings Bhd, Pos Malaysia Bhd, CJ Century Logistics Holdings Berhad, Xin Hwa Holdings Berhad, Complete Logistic Services Bhd, GD Express Carrier Berhad, TransOcean Holdings Bhd, MMC Corporation Berhad, City-Link Express (M) Sdn Bhd, KTM Berhad, PKT Logistics Group Sdn Bhd*, SF Express (Group) Co. Ltd, Aramex PJSC, Jp Logistics Sdn Bhd, Taipanco Sdn Bhd, Skynet Worldwide (M) Sdn Bhd, YCH Group Pte Ltd, JSI Logistics Sdn Bhd, FM Global Logistics, Swift Group, Nationwide Express Courier Services Bhd, Airpak Express (M) Sdn Bhd, DPEX Worldwide*
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Scope of the Report
A complete background analysis of the Malaysian freight and logistics market, which includes an assessment of the economy, contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report.
Malaysia Freight and Logistics Market Segmentation: -
The logistics industry in Malaysia has evolved in recent years. With the rise of e-commerce in the country, companies are capitalizing on this emerging trend. The interest of the companies in emerging areas, such as cold chain logistics, last mile delivery services, etc. is growing, due to the high margins and rising demand. The economy of the country is expected to grow between 5% and 6%, driving the growth of the logistics industry further. As the growth of the logistics sector is expected to be positive in the future, there is much scope for improvement. To enable the logistics sector to handle greater volumes of freight, to speed up the time taken to deliver goods across the supply chains, and to lower the cost of this delivery, several improvements need to be made. While the logistics infrastructure of the country is improving, there is a need for continuous investment into infrastructure, such as port upgrades and expansion, road networks, and advanced information technology (IT) system.
"Malaysia Freight and Logistics Market Size 2022" research report focus on overall information that can help to take decisions on current market situation. This report provides information about Size, Types, Application, Production, Revenue, Growth Rate, Gross margin, opportunities with future risk analysis. The report also describes top company profiles that present in market with trends worldwide. This article contains financial changes during years with Impact of COVID-19 on Malaysia Freight and Logistics market.
Key Market Trends
Growing Maritime Sector - The Country Aims to Become a Transshipment Hub
Malaysia has a total coastline of 4,675 km (2,905 mi); Peninsular Malaysia has 2,068 km (1,285 mi) while East Malaysia has 2,607 km (1,620 mi) of coastline. Malaysia has the 29th longest coastline in the world. The prominent ports in Malaysia, which account for the major share of goods traded, are, namely, Port Klang, Johor Port, Port of Tanjung Pelepas, Kuantan Port, Penang Port, Bintulu Port, and Kemaman Port. The Malaysian shipping industry has been growing exponentially over the years. The strategic location of the ports of Malaysia, coupled with the low cost for docking, acts as a prominent driver for the market. In addition to its geographical advantage, the support of numerous shipyards, ports, and terminals presents opportunities to further develop the maritime economy of the country. Even though, the maritime industry in Malaysia faces rough waters owing to overcapacity and tight financing, opportunities are still aplenty.
The country’s strategic geographic location makes it an important transshipment hub. Port Klang, the major port of the country, is the most important transshipment hub, with almost 70% of the volume being transshipment. However, certain challenges exist for the ports of Malaysia; the delay in processes in cargo businesses has been effecting the logistics performance of the country, resulting in Malaysian ports losing to their regional competitors. PSA in Singapore, which is the second-largest container port in the world, is one of the most advanced ports that can handle huge amounts of cargo. Additionally, the change ofthe government in Malaysia is expected to have a significant impact on the country’s logistics sector in the future. With the change of government in Malaysia after six decades, the new government has announced some economic and financial reforms, such as abolishing GST, reducing excise duty, restoring the currency value of Ringgit, reducing the currency dependence on foreign workers, etc.
Halal Logistics - Emerging Sector
The halal market is fast becoming recognized as a vitally important emerging market. Safety and quality assurance are the reasons for halal products being widely recognized. The major market for halal products exists in Asia and the Middle East. There is a big potential for Malaysian companies to manufacture and export halal certified products to the global market. The country can promote itself as a halal gateway and attract investments in this sector. Lack of proper certification is one of the challenges in the halal industry. Kontena Nasional Bhd. (KNB) is a provider of end-to-end halal logistics services in Malaysia. The company holds the distinction of being the first logistics provider to receive the halal logistics provider certification from the Department of Islamic Development Malaysia (Jakim) in 2009.
As of August 2018, 42 countries worldwide have recognized JAKIM’s halal certification. Asian countries, such as China, Taiwan, Japan, and Hong Kong are the top countries demanding the JAKIM halal logistics certification. Nestle Malaysia has achieved enormous success as a halal hub and is the biggest producer of halal products for Nestle. This propelled Nestle to be one of the top vendors in the halal food market, which has, in turn, attracted the Brazillian food giant, BRF, to expand its halal food business to Malaysia and other ASEAN countries, in partnership with the Kuok Group.
Competitive Landscape
Currently, the Malaysian freight and logistics market landscape is fragmented with a large number of players. For instance, the trucking industry of the country is made of independent truckers and SMEs, who 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 serve the rising demand, the companies are adopting the merger and acquisition trend. Especially, the rise in e-commerce is resulting in vertical and horizontal consolidation among the logistics and e-commerce players, to gain scale and network.
Market segment by Region/Country including: -
- North America (United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
- South America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)
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Key Benefits of Malaysia Freight and Logistics Market Research Report:
- Types, applications, regions, and key players covered in the study
- Industry drivers, restraints, and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Artificial Intelligence AI Chips Market
- Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report
Detailed TOC of Malaysia Freight and Logistics Market - Growth, Trends and Forecast (2022 - 2030)
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Industry Attractiveness and Porter's Five Forces Analysis
4.4 Value Chain / Supply Chain Analysis
4.5 Government Regulations and Initiatives
4.6 Technological Trends (Overview of Industry 4.0 in Malaysia and its Impact on the Logistics Sector)
4.7 Insights on the E-commerce Industry (Domestic and Cross-border E-commerce)
4.8 Insights on Cross-border Trucking, Intermodal Transportation, and Transit Trade though Malaysia
4.9 Spotlight - China-Europe Rail Freight Transport
4.10 Elaboration on Halal Logistics
4.11 Brief on Digital Free Trade Zone (DFTZ) and China-Malaysia Bilateral Relations
5 MARKET SEGMENTATION
5.1 BY FUNCTION
5.1.1 Freight Transport
5.1.1.1 Road
5.1.1.2 Shipping and Inland Water
5.1.1.3 Air
5.1.1.4 Rail
5.1.2 Freight Forwarding
5.1.3 Warehousing
5.1.4 Courier, Express, and Parcel (CEP)
5.1.5 Value-added Services
5.1.6 Key Quantitative and Qualitative Insights on Other Emerging Areas, such as Cold Chain Logistics, Return Logistics, Last Mile Logistics, Logistics Tech Developments, etc.
5.2 BY END USER
5.2.1 Manufacturing and Automotive
5.2.2 Oil and Gas, Mining, and Quarrying
5.2.3 Agriculture, Fishing, and Forestry
5.2.4 Construction
5.2.5 Distributive Trade (Wholesale and Retail Segments - FMCG included)
5.2.6 Other End Users (Telecommunications, Pharmaceutical, etc.)
6 COMPETITIVE LANDSCAPE
6.1 Overview (Market Concentration and Major Players)
6.2 Company Profiles, including Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements)
6.2.1 International Companies
6.2.1.1 Deutsche Post DHL Group
6.2.1.2 Yusen Logistics Co. Ltd - TASCO Berhad
6.2.1.3 Nippon Express Co. Ltd
6.2.1.4 CEVA Logistics
6.2.1.5 Kerry Logistics Network Limited
6.2.1.6 DB Schenker
6.2.1.7 Agility Logistics Pvt. Ltd
6.2.1.8 Hellmann Worldwide Logistics
6.2.1.9 DSV
6.2.1.10 Kuehne + Nagel International AG
6.2.1.11 United Parcel Service Inc.
6.2.1.12 FedEx Corporation*
6.2.2 Domestic Companies
6.2.2.1 Tiong Nam Logistics Holdings Bhd
6.2.2.2 Pos Malaysia Bhd
6.2.2.3 CJ Century Logistics Holdings Berhad
6.2.2.4 Xin Hwa Holdings Berhad
6.2.2.5 Complete Logistic Services Bhd
6.2.2.6 GD Express Carrier Berhad
6.2.2.7 TransOcean Holdings Bhd
6.2.2.8 MMC Corporation Berhad
6.2.2.9 City-Link Express (M) Sdn Bhd
6.2.2.10 KTM Berhad
6.2.2.11 PKT Logistics Group Sdn Bhd*
6.2.3 Other companies (Key Information/Overview)
6.2.3.1 SF Express (Group) Co. Ltd, Aramex PJSC, Jp Logistics Sdn Bhd, Taipanco Sdn Bhd, Skynet Worldwide (M) Sdn Bhd, YCH Group Pte Ltd, JSI Logistics Sdn Bhd, FM Global Logistics, Swift Group, Nationwide Express Courier Services Bhd, Airpak Express (M) Sdn Bhd, DPEX Worldwide*
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 APPENDIX
8.1 GDP Distribution, by Activity and Region
8.2 Insights on Capital Flows
8.3 Economic Statistics - Transport and Storage Sector, Contribution to Economy
8.4 External Trade Statistics - Export and Import, by Product
8.5 Insights on Key Export Destinations
8.6 Insights on Key Import Origin Countries
8.7 List of Prospective Clients for Logistics Service Providers
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