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
Agility Logistics
DB Schenker Logistics
DHL Group
CJ Century Logistics
Keppel Logistics
*Disclaimer: Major Players sorted in no particular order
