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Vietnam Warehousing Market: By Types; By Ownership; By End Use; Consumer Goods, Textile and Footwear, Retail, Food and Beverage, Wooden Products, Healthcare, Chemicals, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Vietnam Warehousing Market Outlook
The Vietnam warehousing market is expected to witness a healthy growth, expanding at a CAGR of 11% in the forecast period of 2021-2026.
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Increasing Demand for Cold Storage Warehousing to Augment the Vietnam Warehousing Industry Growth
In recent years, there has been a rise in demand for climate-controlled warehouses globally. As many consumable products are perishable but are required to be stored for a longer period, the use of cold storage facilities help to increase the shell life of such products. This also helps the traders and companies to coordinate with the demand and supply of seasonal fruits and vegetables. Furthermore, these warehouses are ideal for products that require special handling, including flowers, drugs, and others.
Vietnam is a country with a dynamic population, growing economy, and rising middle class. The market in Vietnam is being supported by the growing warehousing industry in Southeast Asia. Being one of the most dynamic emerging countries in East Asia region, warehousing facilities in the form of public and private warehouses, cold chains, container yards, and others are essential to ensure Vietnam’s growth. Further, growing public and private partnerships allow businesses to expand their services to include other logistics activities like transportation, inventory control, and customer services. This, along with the growing penetration of leading players, is aiding the growth of the Vietnam warehousing industry. For instance, warehousing giant GLP has recently launched a joint venture worth USD 1.5 billion in Vietnam, marking its debut in the country.
Warehousing: Industry Definition and Segmentation
Warehouse simply refers to a commercial building or a huge space/godown, where goods are kept and stored in bulk. It is mainly used to manage the distribution of goods and to prevent losses and damages that may arise if these goods are not stored properly or securely. Warehouse helps undertake functions like sorting, packing, labelling, and others.
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By type, the market is divided into:
- General Warehousing
- Cold Storage Warehousing
- Others
Based on ownership, the industry can be segmented into:
- Bonded Warehouses
- Non-Bonded Warehouses
- Others
The market is divided based on end use into:
- Consumer Goods
- Textile and Footwear
- Retail
- Food and Beverage
- Wooden Products
- Healthcare
- Chemicals
- Others
The regional markets for warehousing include Southern and Northern Vietnam.
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Increasing Urbanisation and the Thriving E-Commerce Sector to Bolster the Growth of the Warehousing Industry in Vietnam
Warehousing plays a vital role in smooth functioning of a supply chain network and meet domestic and international market demands. As Vietnam is an emerging country and is witnessing robust urbanisation, the warehousing facilities have significantly improved across the region. Warehousing facilitates mass production and reduces tariff barriers, providing benefits like cost competitiveness, economies of scale and scope, reduced labour cost, technological integration, and others. Moreover, the increasing e-commerce penetration in the country is further bolstering the market growth. Over the forecast period, the growing shift towards automation and the increasing establishment of automated warehouses in the country are expected to significantly contribute to the Vietnam warehousing industry growth.
Key Industry Players in the Vietnam Warehousing Market
The report gives a detailed analysis of the following key players in the Vietnam warehousing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Sumitomo Warehouse (Vietnam) Co., Ltd.
- Fnm Shipping Vietnam
- Yusen Logistics Co., Ltd.
- Vinatech Group
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Vietnam
7 Industry Opportunities and Challenges
8 Vietnam Warehousing Market Analysis
8.1 Key Industry Highlights
8.2 Vietnam Warehousing Historical Market (2016-2020)
8.3 Vietnam Warehousing Market Forecast (2021-2026)
8.4 Vietnam Warehousing Market by Types
8.4.1 General Warehousing
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Cold Storage Warehousing
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Others
8.5 Vietnam Warehousing Market by Ownership
8.5.1 Bonded Warehouses
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Non-Bonded Warehouses
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Others
8.6 Vietnam Warehousing Market by End Use
8.6.1 Consumer Goods
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Textile and Footwear
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Retail
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Food and Beverage
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Wooden Products
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2016-2020)
8.6.5.3 Forecast Trend (2021-2026)
8.6.6 Healthcare
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2016-2020)
8.6.6.3 Forecast Trend (2021-2026)
8.6.7 Chemicals
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2016-2020)
8.6.7.3 Forecast Trend (2021-2026)
8.6.8 Others
8.7 Vietnam Warehousing Market by Region
8.7.1 Market Share
8.7.1.1 Southern
8.7.1.2 Northern
8.7.1.3 Other
9 Regional Analysis
9.1 Southern
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.2 Northern
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 List of Distribution Centers
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Sumitomo Warehouse (Vietnam) Co., Ltd.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Fnm Shipping Vietnam
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Yusen Logistics Co., Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Vinatech Group
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
List of Figures and Tables
1. Vietnam Warehousing Market: Key Industry Highlights, 2016 and 2026
2. Vietnam Warehousing Historical Market: Breakup by Types (USD Million), 2016-2020
3. Vietnam Warehousing Market Forecast: Breakup by Types (USD Million), 2021-2026
4. Vietnam Warehousing Historical Market: Breakup by Ownership (USD Million), 2016-2020
5. Vietnam Warehousing Market Forecast: Breakup by Ownership (USD Million), 2021-2026
6. Vietnam Warehousing Historical Market: Breakup by End Use (USD Million), 2016-2020
7. Vietnam Warehousing Market Forecast: Breakup by End Use (USD Million), 2021-2026
8. Vietnam Warehousing Historical Market: Breakup by Region (USD Million), 2016-2020
9. Vietnam Warehousing Market Forecast: Breakup by Region (USD Million), 2021-2026
10. Vietnam Warehousing Market Structure
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