Southeast Asian E-commerce logistics Market Share will Grow by USD 58.93 billion From 2021 to 2026
The e-commerce logistics market share in Southeast Asia will post an incremental growth of USD 58.93 billion, progressing at a CAGR of 20.16% during the forecast period. The rise in social commerce will offer immense growth opportunities to market vendors. The e-commerce logistics market in Southeast Asia is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “E-commerce logistics Market in Southeast Asia by Area and Service - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The e-commerce logistics market in Southeast Asia is segmented by area (domestic and international) and service (transportation, warehousing, and others).
The growth of the e-commerce logistics market size in Southeast Asia by the domestic segment will be significant during the forecast period. The growth of the segment is attributed to strong economic growth and ongoing developments in e-commerce logistics and inventory management.
The rise in social commerce will directly influence the sales of e-commerce logistics in Southeast Asia. In addition, the technological advances in e-commerce logistics are the major e-commerce logistics market trends in Southeast Asia that will positively impact the market growth. However, factors such as the high logistics costs will hamper the e-commerce logistics market growth in Southeast Asia.
The market is fragmented due to the presence of several players. Some of the major e-commerce logistics market vendors in Southeast Asia are BSA Logistics Indonesia, Deutsche Post DHL Group, DRB HICOM Berhad, FedEx Corp., Flexport Inc., GDEX Berhad, GOGOX Holdings Ltd., Grab Holdings Ltd., Kuehne Nagel International AG, Magsaysay Shipping and Logistics Group, Ninja Logistics Sdn Bhd, PT Dakota Buana Semesta, PT IDEXPRESS LOGISTIK INDONESIA, PT Wahana Prestasi Logistik, PT. Global Jet Express, PT. SiCepat Ekspres Indonesia, PT. Tiki Jalur Nugraha Ekakurir, PT. Tri Adi Bersama, and SF Express Co. Ltd.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2022-2026.
CAGR of the e-commerce logistics market in Southeast Asia forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the e-commerce logistics market share in Southeast Asia.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the e-commerce logistics market in Southeast Asia.
E-commerce logistics industry growth across Southeast Asia.