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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