Market Share of ASEAN Warehousing and Distribution Logistics Industry
The warehousing and distribution market in the ASEAN region is fragmented, with many players trying to grab a significant chunk of the developing market. Some of the countries in the ASEAN region, like Indonesia and the Philippines, are moderately growing with the presence of a large number of local players and some international players. However, Singapore, Vietnam, and Thailand are highly competitive markets, with the presence of a large number of international players. CEVA, Yusen Logistics, Kerry Logistics, and DHL are among the major players present in the region. Increasing pressure from e-commerce and international trade has allowed the players to develop many warehouses in the region. Due to their long-term domestic presence, local players and distributors have been able to compete with international players.
ASEAN Warehousing and Distribution Logistics Market Leaders
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Agility Logistics
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DB Schenker Logistics
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DHL Group
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CJ Century Logistics
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Keppel Logistics
*Disclaimer: Major Players sorted in no particular order
