ASEAN Warehousing And Distribution Logistics Market Analysis by Mordor Intelligence
The ASEAN Warehousing And Distribution Logistics Market size is estimated at USD 31.31 billion in 2025, and is expected to reach USD 40.64 billion by 2030, at a CAGR of 5.35% during the forecast period (2025-2030).
The region’s rapid e-commerce growth, large-scale infrastructure programs, and expanding trade pacts combine to make the ASEAN warehousing and distribution logistics market one of the most attractive supply-chain opportunities worldwide. Induced demand from online retail, together with Thailand’s USD 18.3 billion Eastern Economic Corridor program and Vietnam’s USD 36 billion 2025 infrastructure target, is re-ordering warehouse footprints toward higher specification assets. Consolidation among third-party logistics providers (3PLs), exemplified by GEODIS acquiring Keppel Logistics, continues to reshape service capabilities. Meanwhile, climate shocks costing global supply chains more than USD 100 billion in 2024 are prompting resilient network design and automated warehouse investments across the ASEAN warehousing and distribution logistics market[1]"Asian Economic Integration Report 2025." Asian Development Bank, aric.adb.org.
Key Report Takeaways
- By warehouse type, general warehousing led with 52% ASEAN warehousing and distribution logistics market share in 2024, while refrigerated warehousing is forecast to register a 5.10% CAGR through 2030.
- By ownership, public facilities accounted for 42% of the ASEAN warehousing and distribution logistics market size in 2024 and private facilities are projected to expand at 4.20% CAGR by 2030.
- By end-user industry, e-commerce and retail contributed 23% revenue share in 2024, yet pharmaceuticals and healthcare are advancing at a 5.50% CAGR to 2030.
- By geography, Indonesia retained 21% share of the ASEAN warehousing and distribution logistics market size in 2024, whereas Vietnam is growing fastest at a 4.10% CAGR through 2030.
ASEAN Warehousing And Distribution Logistics Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Surge in e-commerce demand boosting last-mile fulfilment | +1.2% | Indonesia, Vietnam, Thailand | Short term (≤ 2 years) |
| Government investment in logistics infrastructure | +0.9% | Thailand, Vietnam, Malaysia | Medium term (2-4 years) |
| Growing demand for cold-chain capacity | +0.7% | Singapore, Malaysia, Philippines | Medium term (2-4 years) |
| ASEAN trade pacts (RCEP, CPTPP) accelerating cross-border flows | +0.6% | Region-wide | Long term (≥ 4 years) |
| Urban dark-store & micro-fulfilment adoption | +0.5% | Metropolitan ASEAN | Short term (≤ 2 years) |
| ESG-driven “green warehouse” financing | +0.4% | Singapore, Malaysia, Thailand | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Surge in e-commerce demand boosting last-mile fulfilment
The ASEAN warehousing and distribution logistics market is responding to an online retail boom that propelled Southeast Asia’s digital economy toward USD 186 billion in 2025. Vietnam’s last-mile delivery segment recorded a 39% annual growth rate with 3 billion parcels handled in 2024. Dark-store footprints are multiplying; operators plan 5,000-5,500 micro-fulfilment sites region-wide by 2026, forcing investors to pivot toward compact, automation-ready nodes inside dense city districts. Indonesia and Thailand, where mobile commerce penetration exceeds 80% demonstrate how proximity facilities within 3 kilometers of end consumers now determine service differentiation[2]“E-commerce Logistics Carries On Remarkable Growth,” Vietnam Investment Review, VIR.COM.VN.
Government investment in logistics infrastructure
Large public outlays are adding new corridors, terminals, and rail spines that catalyze warehouse demand. Thailand’s Eastern Economic Corridor is absorbing USD 18.3 billion for airport, seaport, and high-speed rail upgrades. Vietnam’s USD 36 billion 2025 plan allocates record sums for expressways and deep-sea ports, while Malaysia’s Port Klang expansion to 27 million TEUs underscores how port capacity growth forces hinterland storage expansion. Landlocked Cambodia benefits from new expressways that open fresh catchments for distribution centers.
Growing demand for cold-chain capacity
Pharmaceutical distribution and stricter food-safety codes are elevating temperature-controlled assets. DHL committed USD 500 million to Asia-Pacific healthcare logistics, including an 8,200 m² pharma hub in Singapore. Vietnam’s cold-chain shortfall allows 30% produce loss, underpinning robust investment prospects. Regional standards such as GDP certification harmonize storage norms, while solar-powered chillers and IoT sensors cut energy use by up to 30%. Indonesia’s dispersed archipelago prompts multi-temperature cross-docking networks that ensure vaccine and seafood integrity.
ASEAN trade pacts (RCEP, CPTPP) accelerating cross-border flows
RCEP’s 90% tariff elimination revived intra-ASEAN trade by 7.03% in 2024. Harmonized rules of origin enable staged manufacturing across several member states, pulling demand toward processing-linked warehouses positioned near border crossings. The ASEAN Single Window now trims customs release times 30%, allowing tighter inventory buffers and higher-velocity distribution. Vietnam targets USD 240.5 billion export receipts by 2028 under preferential access, a goal that could multiply bonded warehouse footprints[3]“Marcos Says New Maersk Mega-Facility to Boost PH Logistics System,” Philippine News Agency, PNA.GOV.PH.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Fragmented customs & regulatory processes | -0.8% | All ASEAN members | Medium term (2-4 years) |
| Escalating land prices in tier-1 hubs | -0.6% | Singapore, Bangkok, Kuala Lumpur | Short term (≤ 2 years) |
| Skilled-labor shortage for automated operations | -0.5% | Singapore, Malaysia, Thailand | Long term (≥ 4 years) |
| Climate-risk exposure (floods, typhoons) | -0.4% | Philippines, Vietnam, Thailand | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Fragmented customs and regulatory processes
Despite pilot successes, the ASEAN Customs Transit System still reaches only selected corridors. Indonesia’s 2025 import rules added new licensing layers that lengthen clearance cycles. Vietnam’s updated electronic forms introduced in 2025 require platform integration tweaks. Over 5,000 identified non-tariff measures raise compliance complexity, slowing warehouse network rationalization and inflating working capital needs.
Escalating land prices in tier-1 hubs
Singapore kept its crown as Southeast Asia’s most expensive fit-out market at USD 140 per ft² in 2024. Scarcity of powered plots drives bidding wars between e-commerce retailers and data-center operators. Construction-material inflation added 3.8% region-wide in 2025, elevating total development costs. The squeeze pushes projects toward peri-urban or secondary-city sites that often lack multimodal links, eroding service levels unless offset by automation-driven productivity gains.
Segment Analysis
By Warehouse Type: Cold-Chain Drives Specialization
Refrigerated facilities in the ASEAN warehousing and distribution logistics market are forecast to grow at a 5.10% CAGR. Demand springs from vaccine distribution, fresh food e-commerce, and temperature-controlled chemicals. In Indonesia, cold-store footprints grew 14% in 2024 as seafood exporters upgraded to meet EU traceability protocols. Operators retrofit hybrid buildings, inserting modular chill rooms inside ambient sheds to retain flexibility. Energy-efficient refrigerants, AI-enabled compressors, and renewable power purchasing lower operating costs by 12%, preserving margins despite high capital intensity.
Second-tier cities across Vietnam and the Philippines join the cold-chain map as grocery retailers decentralize networks to shorten lead times. Malaysia’s first carbon-neutral cold-store by Equalbase cut energy use 50%, showcasing how ESG mandates and utility savings intersect. Multinationals now bundle temperature assurance with inventory financing solutions, opening ancillary revenue lines. The ASEAN warehousing and distribution logistics market continues to allocate development budgets disproportionately toward Grade-A refrigerated assets to outpace generic stock.
By Ownership: Private Models Gain Momentum
Private warehouses added 4.20% CAGR between 2024 and 2025, reflecting brand owners’ push for inventory sovereignty. Large e-commerce marketplaces accelerate the trend; captive networks allow same-day delivery and enable data-rich SKU forecasting. Thailand’s WHA Group reported a 102% rise in build-to-suit land sales, mostly to retailers and consumer-goods players. Dedicated facilities reduce handling touchpoints by 22% and improve stock accuracy to 99.8%.
Public warehouse providers pivot toward hybrid models, reserving secure wings for anchor tenants while maintaining shared space for SMEs. Finance vehicles such as real-estate investment trusts (REITs) supply capital at competitive yields below 5%, making ownership shifts economically viable. Across the ASEAN warehousing and distribution logistics market, local authorities sweeten deals with tax holidays and fast-track approvals inside special economic zones.
By End-User Industry: Healthcare Accelerates Beyond Retail
Pharma and healthcare accounted for 5.50% CAGR, the fastest-growing slice of the ASEAN warehousing and distribution logistics market. Aging populations, national health-insurance expansion, and vaccine rollout schedules underpin facility demand. Singapore has emerged as a distribution pivot; DHL’s regional pharma hub uses real-time temperature mapping to guarantee lane integrity. E-commerce and retail still command 23% share, yet their growth moderates as penetration matures in core metros.
Automotive logistics remains stable; just-in-time sequencing requires proximity warehouses near assembly plants in Thailand’s Eastern Seaboard and Indonesia’s Bekasi corridor. The ASEAN warehousing and distribution logistics market size for manufacturing goods also benefits from electronics reshoring, with tier-1 suppliers adopting vendor-managed inventories to trim plant floor space. Emerging verticals such as renewable-energy components introduce oversize, high-value cargo profiles that demand custom racking and fire-suppression systems.
Geography Analysis
Indonesia occupies 21% of the ASEAN warehousing and distribution logistics market, driven by its 270 million population dispersed across 17,000 islands. Government allocations exceeding USD 400 billion for roads, ports, and airports aim to cut inter-island freight costs and unlock warehouse projects near new economic zones. Jakarta’s eastern periphery added 1.2 million m² of modern stock in 2024 as developers secured land along the Patimban port highway spur.
Vietnam posts the highest 4.10% CAGR, buoyed by manufacturing inflows and record container lifts that rose 20% in 2024. North-south expressway construction and rail-linked industrial parks underpin speculative warehousing near Hanoi and Ho Chi Minh City. Government targets place logistics at 9-11% of GDP by 2028, triggering incentives for automation-ready facilities.
Thailand leverages its Eastern Economic Corridor and the USD 29 billion Land-Bridge plan to channel cargo from the Gulf of Thailand to the Andaman Sea, shaving 3 days off trans-Pacific routings. Malaysia intensifies competition with Port Klang’s expansion and tax-efficient logistics parks. Singapore retains its role as premium hub; Tuas’ automated mega-port will push 65 million containers annually when complete. The Philippines accelerates with Manila South Harbour’s USD 100 million upgrade and Maersk’s Optimus Distribution Center that delivers 1,000 new jobs. Emerging markets such as Cambodia gain visibility through the Funan Techo Canal project, which promises inland waterway shortcuts into the Mekong hinterland.
Competitive Landscape
The ASEAN warehousing and distribution logistics market features a mid-concentration structure. Global 3PLs expand via targeted M&A; GEODIS’s Keppel Logistics deal strengthened last-mile and cold-chain capabilities across Singapore, Malaysia, and Indonesia. MOL partners with regional developers to launch automated, multi-story warehouses that optimize high-cost urban plots.
Technology investment differentiates leaders: DHL installs AI order-picking at its Singapore mega-hub, cutting picking errors 99.7%; YCH Group and Sime Darby Property co-develop smart hubs using digital twins for live slotting and energy analytics. Start-ups such as Locad raise USD 9 million to deploy cloud-based fulfilment orchestration, edging into SME markets that demand flexible pay-as-you-go storage.
Urban micro-fulfilment and cold-chain niches attract specialist investors. Equalbase’s carbon-neutral model sets new ESG benchmarks; Jayud’s dedicated air-freighter service moves lithium batteries between China and Indonesia, expanding time-critical verticals. Heightened certification requirement inclusive of ISO 9001 and GDP-raise barriers for smaller firms, stimulating alliances or exits. Overall, players that blend regional reach, automation scale, and compliance expertise are consolidating share in the ASEAN warehousing and distribution logistics market.
ASEAN Warehousing And Distribution Logistics Industry Leaders
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DHL Supply Chain
-
CEVA Logistics
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Century Logistics
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DSV
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Linfox
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- August 2025: Binh Dinh province approved nearly VND 12 trillion (USD 494.32 million) investment in port infrastructure to increase cargo throughput to 19 million tons annually by 2030, establishing the region as a key logistics hub in Central and Central Highlands Vietnam Soha.
- July 2025: Hankyu Hanshin Properties and CRIE partnered with Sembcorp Development to develop Sembcorp Logistics Park in Vietnam's Dinh Vu Industrial Zone, featuring 5 new warehouses with 240,000 square meters of rental space, scheduled for completion in winter 2026 Hankyu Hanshin Properties.
- July 2025: J&T Express reported 24% increase in parcel shipments, processing 14 billion parcels in H1 2025 and expanding network with 700 service points and 800 line-haul vehicles across Southeast Asia Yahoo Finance.
- June 2025: DP World and Asian Terminals Inc. announced USD 100 million investment to boost capacity at Manila South Harbour, enhancing logistics capabilities in the Philippines DP World.
ASEAN Warehousing And Distribution Logistics Market Report Scope
Sales logistics and distribution logistics deal with the organization, execution, and management of the transportation of commodities. Holding tangible inventory for eventual sale or distribution is known as warehousing. A complete background analysis of the ASEAN warehousing and distribution logistics market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.
The ASEAN logistics market is segmented by geography (Singapore, Thailand, Indonesia, Malaysia, Vietnam, the Philippines, and the Rest of ASEAN).
The report offers the market size in value terms in (USD) for all the above-mentioned segments.
| General Warehousing and Storage |
| Refrigerated Warehousing and Storage |
| Private Warehouses |
| Public Warehouses |
| E-commerce and Retail |
| Food and Beverage |
| Pharma and Healthcare |
| Automotive |
| Manufacturing and Engineering Goods |
| Others |
| Singapore |
| Thailand |
| Malaysia |
| Vietnam |
| Indonesia |
| Philippines |
| Rest of ASEAN |
| By Warehouse Type (Value) | General Warehousing and Storage |
| Refrigerated Warehousing and Storage | |
| By Ownership (Value) | Private Warehouses |
| Public Warehouses | |
| By End-User Industry (Value) | E-commerce and Retail |
| Food and Beverage | |
| Pharma and Healthcare | |
| Automotive | |
| Manufacturing and Engineering Goods | |
| Others | |
| By Geography | Singapore |
| Thailand | |
| Malaysia | |
| Vietnam | |
| Indonesia | |
| Philippines | |
| Rest of ASEAN |
Key Questions Answered in the Report
What is the current value of the ASEAN warehousing and distribution logistics market?
It is valued at USD 31.31 billion in 2025 with a 5.35% CAGR projected to lift it to USD 40.64 billion by 2030.
Which country leads regional warehouse demand?
Indonesia holds the largest 21% share thanks to its island geography and large consumer base.
Which warehouse type is growing fastest?
Refrigerated warehousing is expanding at 5.10% CAGR due to rising pharma and fresh-food needs.
Why are private warehouses gaining popularity?
Brand owners seek tighter inventory control and same-day delivery speed, driving a 4.20% CAGR for private facilities.
How are trade pacts influencing warehouse strategies?
RCEP’s tariff cuts and simplified customs rules reduce clearance times by 30%, pushing demand for border-proximate high-velocity warehouses.
What sustainability measures are warehouse developers adopting?
Solar rooftops, energy-efficient insulation, and sustainability-linked financing are enabling carbon-neutral facilities with up to 50% energy savings.
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