Logistics
The logistics market category encompasses a wide range of businesses and services involved in the planning, implementation, and control of the movement and storage of goods and materials from one point to another. It includes transportation, warehousing, inventory management, packaging, and freight forwarding, among others.
With the growth of e-commerce and globalization, the logistics industry has become increasingly important for businesses of all sizes. Consumers expect fast and reliable delivery of their purchases, which has put pressure on logistics providers to streamline their operations and adopt new technologies.
The logistics market is highly competitive, with many players offering a variety of services and solutions. To succeed in this industry, companies must be agile, innovative, and able to adapt to changing market conditions. They must also prioritize customer service and focus on providing a seamless and efficient supply chain experience.
Overall, the logistics market is a vital component of the global economy, and its continued growth and development will be essential for businesses and consumers alike.
As per the World Bank’s Logistics Performance Index 2023, the Philippines was ranked at the 43rd position out of 139 countries. This is an improvement of 0.4 points from 2018, when it scored 2.9 poi...
Ongoing infrastructure development is expected to minimise lead times for various shipments. Improvements in the quality of logistics services, including the ability to track and trace consignments, a...
The e-commerce market in the Philippines is expected to record a double-digit growth rate over the forecast period. This is due to increasing smartphone penetration rates and an extremely active inter...
The growth of e-commerce, growing investment in infrastructure including road and rail networks, and rapid urbanisation are some of the influential market drivers. Improvements in facilities and logis...
The rapid rise of the e-commerce sector, growing urbanisation in cities such as Ho Chi Minh City and Hanoi, and ongoing developments in infrastructure including rail networks are some of the crucial m...
Supermarkets and hypermarkets attract high customer acceptance by offering a wide range of goods in one location, including food, household items, electronics, and clothing. This convenience eliminate...
In Singapore, supermarkets and hypermarkets are typically retail stores that offer various products in the same place, ranging from foods, beverages, personal household care products, and consumer ele...
A robust logistics sector is essential for Germany logistics market economic advancement, generating employment, aiding manufacturing, and retail, and facilitating global trade. Efficient logistics re...
3PL companies in the region are leveraging technology solutions like warehouse management systems (WMS) and order fulfilment software enabling seamless order fulfilment operations. The technology solu...
The United States has the presence of a substantial 3PL market. The 3PL market has witnessed significant inventory growth, and the companies can efficiently lower purchased transportation costs while ...
The third-party logistics market in North America is driven by the growing adoption of online channels as a mode of purchase of goods. It is estimated that USD 1 billion in incremental e-commerce sale...
The role of third-party logistics is growing due to the expanding trend of outsourcing among the European manufacturers and retailers. The expansion of the e-commerce sector across Europe is a key fac...
New retail formats like pop-up stores, experiential retail spaces, and digital-only brands are on the rise as these formats are designed to meet the changing consumer demand for unique shopping experi...
The rising integration of analytics in 3PL operations is one of the key trends boosting the South Korea third-party logistics (3PL) market expansion. These analytic capabilities are geared towards gat...
Self-service technologies and interactive staff a key to enhancing the retail experiences of Canadian consumers and solidifying their in-store shopping habits. Several grocery stores and pharmacies al...
The growth of the e-commerce sector, the surge in trade-related agreements between Canada and the United States, and the prominence of last-mile delivery service are some of the crucial market drivers...
Retail pharmacy chains are the largest type of pharmacy in the United States, operating in around 21,000 locations. Further, in 2021, regional pharmacies comprising grocers or supermarkets that have a...
Non - communicable diseases account for 400,000 fatalities annually in Thailand. With men being more susceptible to contracting these infections (18%) as compared to women (11%), a strong pharmacy mar...
According to the World Bank rankings of 2018, Vietnam ranked at 39th position out of 160 countries on the Logistics Performance Index (LPI). This is because of a growth of 5% in its roadways freight c...
Customer satisfaction is expected to become the topmost priority for major companies as customers value effective communication, on-time deliveries, and personalised services. 3PL enables business to ...
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