Myanmar Logistics and Warehousing Market, Myanmar Logistics and Warehousing Industry: Ken Research

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How Myanmar Logistics And Warehousing Market Evolved?

The political turmoil in Myanmar has long been a degrading factor for the country’s trade and logistics facilitation. In a lot of ways, 2011 was the year Myanmar’s economy opened up to the rest of the world when the new democratic government came to power. Foreign investment has since then been steadily coming in and international companies are looking at Myanmar as a potential growth market. The total amount of FDI in Myanmar reached USD 7.5 billion in 2018.

Myanmar Logistics and Warehousing Market consist of various activities such as freight forwarding, warehousing, e-commerce logistics, 3PL services, express delivery and more. The market also consist of value added logistics services such as assembly, consolidation, co-packing, cross docking, direct store delivery, fulfillment, import/export, inspection, inventory management, packaging, pick and pack, pool distribution, record retention, reverse logistics, sorting, transportation management, and more.

The Myanmar Logistics and Warehousing Market was valued at USD ~ million in the year 2013, while at present the market is valued at USD ~ million with a CAGR of ~% during the review period. A key driver behind the recent growth in the market is the strategic location of Myanmar as a gateway between India and ASEAN countries, along with availability of abundant natural resources and cheap labor. Moreover, the current government has been formulating a number of pro-investment policies, with special focus on transportation and infrastructure.

Myanmar is a small country with a population of around 54 million and GDP of approximately USD 70 billion. However there has been underinvestment in Myanmar with respect to the transportation sector, with merely 5% of government expenditure going towards the Transport and Communications sector even though Transportation services contribute 11.2% to the GDP.

Myanmar Freight Forwarding Market Segmentation

Revenue by Mode of Freight Transport

Road Transport dominates the freight forwarding market with a share in overall market revenue of ~%. Sea freight was mostly international, domestic sea freight contributes ~% to the revenues. Sea import volume was ~ thousand tons whereas sea export volume was ~ thousand tons.

myanmar-logistics-market

Revenue by Intercity Road Freight Corridors

Yangon-Mandalay is the prime local freight corridor and constitutes ~% of intercity road freight revenues.

Revenue by International Road Freight Corridors

Myanmar engages in cross border trucking with China, Thailand and India, with a share of ~%, ~% and ~% respectively in international road freight revenue.

Revenue by End Users

The major end users of freight forwarding services in Myanmar include Industrial and Construction ((Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc), FMCG (Electronics, Household Goods, Toiletries etc), F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc), Retail (Garments, Cosmetics, Shoes, Bags etc) and Others (Automotive, Telecom, Technological, Pharmaceuticals and Others).

Myanmar Warehousing Market Segmentation

Revenue by End Users

The major end users of warehousing services in Myanmar include the Industrial and Construction, FMCG, F&B, Retail and Others with a share of ~%, ~%, ~%, ~% and ~% respectively. The F&B sector also creates a demand for cold storage for perishable items. The consistent rise in the number of modern retail outlets has during the period 2013 to 2018 led to an increment in the demand of warehouses as well.

Revenue by Type of Warehouse

General warehouses are the most prevalent type of warehouses in Myanmar, with a revenue share of ~%. The average rental rate for a warehouse in Myanmar is USD ~ per SQM per month and the overall warehousing space is ~ SQM.

Revenue by Operation Model

The industrial/retail freight segment has dominated the overall Myanmar warehousing market with a massive revenue share of ~% in the year 2018. Thilawa SEZ is the major industrial zone in the country right now.

Warehousing Space by Regions:

Yangon and Mandalay are the two most prime locations in Myanmar in terms of trade and logistics. Therefore, the warehousing space in Myanmar has been clustered around these two regions with a share of ~% and ~%.

Myanmar Courier, Express and Parcel Logistics Market

Revenue by Type of Service

The major segments of express logistics in Myanmar include mails and documents, e-commerce parcels, express cargo and express cold chain, with a share of ~%, ~%, ~% and ~% respectively. Express cargo dominates the market in term of revenue, mainly due to prosperous Manufacturing Sector which contributes a share of 25.5% to the GDP and also the increasing volumes of foreign trade, FMCG and Retail Sector.

Number of Shipments by Domestic and International Shipments

Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are domestic and ~% are international. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are domestic and ~% are international.

Number of Shipments by Air and Road Express

Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are through air express and ~% are through road express. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are through air express and ~% are through road express.

Key Segments Covered:-

Freight Forwarding Market

Revenue by Mode of Freight Transport

Road Freight (Domestic and International Volume, FTK and Revenue; Number of Registered Vehicles)

Ocean Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity, Sea Port Statistics)

Air Freight (Domestic and International Volume, FTK and Revenue)

Rail Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity and Region)

Freight Revenue by Intercity Road Freight Corridors

Yangon-Mandalay

Yangon-Muse

Yangon-Myawaddy

Others

Revenue By International Road Freight Corridors

Mandalay-Muse-Kumning

Yangon-Myawaddy-Mae Sot

Mandalay-Tamu-Manipur

Revenue by 3PL and Integrated Logistics

3PL Revenue

Integrated Logistics

Revenue by End User

Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)

FMCG (Electronics, Household Goods, Toiletries etc)

F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)

Retail (Garments, Cosmetics, Shoes, Bags etc)

Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)

Warehousing Market

Revenue by Operation Model

Industrial/Retail

ICD/CFS

Cold Storage

Revenue by Type of Warehouse

General Warehouse

Open Yard

Chillers/Freezers

Ambient Warehouse

Bonded Warehouse

Revenue by Contract and Integrated Logistics

3PL

Integrated Logistics

Revenue by End User

Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)

FMCG (Electronics, Household Goods, Toiletries etc)

F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)

Retail (Garments, Cosmetics, Shoes, Bags etc)

Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)

Warehousing Space By Region

Yangon

Mandalay

Others States and Regions

Courier, Express and Parcel Logistics Market

Revenue by Segment

Mails and Documents

E-Commerce Parcels

Express Cargo

Express Cold Chain

Number of Shipments by Domestic and International

Domestic (Mails and Documents and E-Commerce Parcels)

International (Mails and Documents and E-Commerce Parcels)

Number of Shipments by Air and Ground Express

Air Express (Mails and Documents and E-Commerce Parcels)

Ground Express (Mails and Documents and E-Commerce Parcels)

3PL Logistics Market

Revenue by Segment

Freight Forwarding

Warehousing

Value Added Services

Third Party Freight Forwarding Revenue by Phase of Delivery

Hub-Hub

Hub-Spoke

Spoke-Door

Third Party Freight Forwarding Revenue by Domestic and International

Domestic

International (Inbound and Outbound)

International Third Party Freight Forwarding Revenue by Cargo Category

Raw Materials (Building material, machinery, cement, steel, glass, textiles and others)

Spare Parts (Electronic tools, transport equipment spares and other spares)

Finished Goods (Garments, Electronics, Shoes, Bags and others)

Snapshot on E-Commerce Logistics Market in Myanmar

Snapshot on Last Mile Delivery Services in Myanmar

Companies Covered:-

DB Schenker

DHL

Yusen Logistics

Bollore Logistics

Rhenus Logistics

Kerry Logistics

Kuehne Nagel

OV Logistics

Maersk

Mediterranean Shipping Company

Kargo

Kospa Logistics

Damco

Ryobi Myanmar Distribution

CEA Project Logistics

Daizen

EMS

DHL Express

MGL Express

UCL Express

Royal Express

SBS Express

Myanmar Zarla Distribution

RG Express

Marathon Express

Key Target Audience:-

Freight Forwarding Companies

E Commerce Logistics Companies

3PL Companies

Consultancy Companies

Express Delivery Logistics Companies

Logistics/Warehousing Companies

Real Estate Companies/ Industrial Developers

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019-2023

For More Information, refer to below link:-

Myanmar Logistics and Warehousing Market

Related Reports:-

South Africa Logistics Market Outlook to 2023 – By Sea, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Cold Chain; By Express Logistics and E-commerce Logistics

Indonesia Logistics and Warehousing Market Outlook To 2023 – Driven By Infrastructure Spending For Airport And Seaports Albeit By Poor Existing Road Network

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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