Global ASEAN E-Commerce Logistics Market Trends, Size, Competitive Analysis and Forecast - 2018-2023


Posted October 13, 2020 by pooja1919

The global ASEAN e-commerce logistics market was valued at USD 1,204 million in 2018 and expected to grow at a CAGR of 20.5% during the forecast period.
 
The global ASEAN e-commerce logistics market was valued at USD 1,204 million in 2018 and expected to grow at a CAGR of 20.5% during the forecast period. The market has been growing significantly due to swift development of technological infrastructure, free trade agreement among countries, increasing e-commerce sale and growing e-commerce market. The adoption of innovative logistics technology has been boosting the ASEAN e-commerce logistics market. Logistics companies also allow the customers to track the real-time location of their orders and know the status of the delivery for smooth business operations. Delivery on same day and delivery through drones will bring new opportunities for the ASEAN market in near future. The free trade agreement between the ASEAN countries enables smooth flow of goods from one country to another. It allows the logistics companies to expand swiftly. The growing population in some major economies such as Indonesia and large internet users in the region has increased online transactions which will boost the e-commerce logistics market. The e-commerce logistics market players in ASEAN countries are expected to gain momentum due to growing revenues and expansion in untapped ASEAN region.

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The ASEAN e-commerce logistics market has been influenced by many factors, however, there are certain factors that hinders the market growth. Major such factors include poor infrastructure in many ASEAN countries and fluctuation in crude oil. Indonesia has the largest market share of e-commerce logistics among all the ASEAN countries due to large customer base, rise in online shopping, and growing disposable income. Thailand and Singapore follow Indonesia and contribute significantly into the growth of the ASEAN e-commerce logistics market. Both countries have good infrastructure and rising number of internet users.

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ASEAN E-Commerce Logistics Market Segmentation



Market breakdown By products

Baby products

Personal care products

Books

Home furnishing products

Apparel products

Electronics products

Automotive products

Others



By service

Transportation services

Warehouse services

Other e commerce logistics services



By locations

Urban

Rural

Semi-urban



Competitive landscape

key market strategies

key company analysis



Regional analysis

Asean

Indonesia

Thailand

Malaysia

Singapore

Other

Company profiles

Acommerce co. Ltd.

Air asia courier

Aramex

Dhl express

Dpex worldwide express pte ltd

Dtdc express ltd

Easy parcel sdn bhd

Fedex express corporation

Gd express sdn. Bhd

Ihub solutions

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated October 13, 2020