According to Markntel Advisors Report, Malaysia Logistics Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Logistics refers to the management & transportation of goods from one place to another. It encompasses a variety of services including shipment, warehousing, inventory management, supply chain management, and order processing.
Malaysia Logistics Market Research Report & Summary:
Malaysia’s Logistics Market size is estimated to be around USD 28.88 billion in 2024. It is further expected to grow at a CAGR of around 5.4% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
• Historical Years: 2019-2022
• Base Years: 2023
• Forecast Years: 2024-2030
Who are the Key Players Operating in the Malaysia Logistics Market?
The top companies of the Malaysia Logistics Market ruling the industry are:
City-Link Express (M) Sdn Bhd, CJ Logistics Corporation, DB Schenker, FedEx, DHL Group, Hextar Technologies Solutions Berhad, Pos Malaysia Bhd, Keretapi Tanah Melayu Berhad, Kuehne + Nagel, MMC Corporation Berhad, among others
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What is included in Malaysia Logistics Market Segmentation?
The Malaysia Logistics Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
• By Model
o First-Party Logistics (1 PL)- Market Size & Forecast 2019-2030F, USD Million
o Second-Party Logistics (2 PL)- Market Size & Forecast 2019-2030F, USD Million
o Third-Party Logistics (3 PL)- Market Size & Forecast 2019-2030F, USD Million
o Fourth-Party Logistics (4 PL)- Market Size & Forecast 2019-2030F, USD Million
• By Transportation Mode
o Air- Market Size & Forecast 2019-2030F, USD Million
o Rail- Market Size & Forecast 2019-2030F, USD Million
o Road- Market Size & Forecast 2019-2030F, USD Million
o Sea and Inland Waterways- Market Size & Forecast 2019-2030F, USD Million
• By End User
o Healthcare & Pharmaceuticals- Market Size & Forecast 2019-2030F, USD Million
o Construction- Market Size & Forecast 2019-2030F, USD Million
o Energy & Chemicals- Market Size & Forecast 2019-2030F, USD Million
o Retail & E-Commerce- Market Size & Forecast 2019-2030F, USD Million
o Food & Beverage- Market Size & Forecast 2019-2030F, USD Million
o Consumers Goods- Market Size & Forecast 2019-2030F, USD Million
o Others (Automotive, Semiconductor, etc.)- Market Size & Forecast 2019-2030F, USD Million
• By Region
o North
o South
o East
o Central
o Sarawak
o Sabah
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Global Malaysia Logistics Market Driver:
Rising Trade Agreements With Other Nations Enhances the Market Growth – The appropriate geographic location of Malaysia makes it a perfect trading destination since it connects the Indian Ocean to the west and the Pacific Ocean to the east. Along with this, the governing bodies of Malaysia have also recognized the importance of international trade since it helps in boosting the country’s economy. Based on the statistics by Exinpedia, the country exported goods worth USD312.7 Billion in 2023. Therefore, the authorities are increasingly signing trade pacts with countries, such as Australia, Chile, India, etc., and encouraging the exports of the products. The trading of the products requires logistics services to handle cross-border transportation, customs clearance, and international shipping. Also, the foreign ministries are laying plans to make Malaysia a top exporter by signing agreements like the ASEAN Free Trade Area (AFTA), the Malaysia-Iran Preferential Trade Agreement (MIPTA), etc. Thus, with more trade activities in Malaysia, there would be a need for logistics services that help in inventory management, and improve supply chain solutions.
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