Myanmar Logistics Industry is expected to reach ~ USD 8 Million in Revenue by 2027: Ken Research
- Government initiated Vision 2030 will create an efficient, competitive and environmentally friendly logistics system in accordance with regional and international perspectives.
- E-Commerce market is a booming sector in Myanmar. The number of internet users has increased, with penetration rate of more than 43%, Myanmar will see a tremendous growth in e-commerce platforms and Facebook online shopping channels in the coming years.
- Development of six logistics corridors, including major transport and cargo systems, such as roads and rivers linking to border gates and ports to stimulate economic growth
Logistics Development Vision and Strategy up to 2030: The aim is to create an efficient, competitive and environmentally friendly logistics system in accordance with regional and international perspectives such as Logistics Corridor Development Strategy. Under this strategy, investments will be concentrated within six logistics corridors, including major transport and cargo systems, such as roads and rivers linking to border gates and ports. Development of National Single Window (NSW) to establish an e-custom system in order to ease the complicated trading procedures. The expansion of Myanmar’s river ports is part of the country’s strategy to rapidly increase exports over the next five years and position it as a regional trade hub.
Government Support: The government has invested in a stream of construction projects including the Myanmar-Thailand Friendship Bridge, Yangon-Mandalay Rail Line, Yangon-Thanlyin Bridge, etc. This will make parcels delivered faster than before due to the improved condition of logistics infrastructure. Setting up New Economic Zones such as Myeik Special Economic Zone, Muse Central Economic Zone and Sittwe SEZ will boost trade among the neighboring countries and hence improve Myanmar’s Logistics.
Increasing Cross-Border Trade between Myanmar & its neighboring countries: Cross-border trade has been gaining more importance across the Southeast Asian region and has become the key for increasing trade activity and economic development. In this context, the cross-border trade is expected to be a major driver of the Myanmar trucking industry. Myanmar mostly relies on China, Thailand, and India for cross- border trade. Development of Myanmar-India Logistics Corridor will provide seamless vehicular movement which will enhance trade and connectivity.
Increasing Investments: Potential influx of FDIs paired with investments in infrastructure and logistics capabilities & capacities are providing new opportunities for investment in automation, analytics and robotics which can eventually help in expanding trade and import/ export activities. The Ministry of Construction plans to coordinate approximately USD 3.8 billion of investment in to building major highways and expressways before 2030. Adani Group will invest USD 290 million to build and run a container terminal along the Yangon River in collaboration with Myanmar Government.
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.
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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
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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
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