Logistics Market in Laos Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Laos Freight and Logistics Industry Overview

The Freight and Logistics market in Laos is less competitive due to the presence of a smaller number of international players and those players hold a major market share, mainly in international freight transportation. However, the competition in the market is increasing with the entry of new players into the market. For import and export of goods, there is a high dependence on foreign, mostly Thai, Vietnamese and Chinese trucks, and only a minimal Lao presence in the international freight transit market. Offerings for value-adding services to agricultural, manufacturing and trading sectors by Lao firms is also very limited. The technical standards of freight operations, i.e. in terms of safety, vehicle maintenance, vehicle loading, driver performance, vehicle age, and specification do not meet the requirements of international supply chains.