Brunei Freight & Logistics Market – Segmented by Function (Freight Transport, Freight Forwarding, Warehousing, Courier, Express, & Parcel, Valuse-added Logistics, and Others), Freight Mode (Air, Sea, Rail, and Road), End User (Construction, Oil & Gas and Quarrying, Agriculture, Fishing & Forestry, Manufacturing & Automotive, Distributive Trade, Telecommunications, and Others) - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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The Brunei freight & logistics market was valued at USD 157.25 million in 2017 and is expected to reach a market value of USD XX million by 2023, registering a CAGR of 7.44% during the forecast period (2018– 2023). Investments in land transport infrastructure and services remain crucial for Brunei’s future economic and social development. At the same time, the country faces various significant challenges, such as congestion, journey time delay, and pollution. Additionally, concerns over road safety are becoming increasingly evident and imminent for public debate. Without action, these problems are expected to result in negative consequences: raising costs for individuals, communities, and investors, damaging future economic growth, undermining social inclusion, and reducing quality of life for Bruneians, as well as those who visit and do business in the country. However, the outlook for the market is bright, given the various opportunities within, be it from oil & gas sector (both upstream and downstream) and even emerging areas, such as the Halal industry and the Islamic Finance Industry (requiring building of office space and logistics services for construction industry).

Insights on Freight Transportation

To lessen the burden for Brunei organizations, the government has provided customs tax reduction for several items. The machinery and industrial equipment that utilize electricity will see reduction from 20% to 5% and heavy vehicles will see a reduction from 20% to 5%.  According to the Deputy Commissioner of Town & Planning Department, two possible sites in Kg Long Mayan and Kg Binturan have been identified as options for the second international airport for Brunei Darussalam.  Royal Brunei Airlines is restructuring its strategy and focus toward regional market and has even stopped some regional and long-haul flights. Muara Port plans to extend the container wharf to serve as a second container berth to a total quay length of 400 m.  The government has planned to build a bridge over Pandaruan River, to ease traffic flow along the Pandaruan River, which forms a portion of Brunei’s border with Sarawak. The bridge will provide connectivity and open up economic opportunities between the neighbors. Brunei Darussalam has commenced a study on the roadmap and master plan for a sustainable land transportation system. It aims to come up with solutions for an integrated, reliable, efficient, safe, and sustainable transport service network, to support the goals of vision 2035 and the study will involve all forms of inland transportation.

Insights on Freight Forwarding

The biggest opportunity in Brunei Darussalam currently seems to be in the multi-trillion dollar Halal industry. The country maintains a pristine image and is looked upon by the Islamic world as a center of Islamic culture. The Brunei Halal brand was a first mover concept. The strategic location of Brunei for China and its synergies with the Belt and Road project, open up immense opportunities for the Halal certification industry in Brunei. The connections of China with Middle Eastern and Central Asian countries which are being established through the Belt and Road Initiative, open up immense opportunities for Brunei Darussalam, situated like a crown jewel in the South China Sea, also an area of extreme importance to China. Coupled with oil and gas reserves, Chinese government is able to see a lot of opportunities in Brunei and has been ramping up investments in the country at a breakneck speed. One of the key objectives of setting up the Guangxi – Brunei Economic Corridor is to tap the Halal trade, and hence, even a bio-innovation zone is being developed and augmented post this partnership, which was formalized in 2014 and has been maintaining considerable momentum thereafter.

Key Developments in the Market

  • Kerry Logistics and the government of Brunei, have been involved in an agreement to build an international brand called Brunei Halal, to provide a comprehensive range of products and services. The demand for cold storage facilities has increased in Brunei, over the past few years, due to the rise in halal food sector. Imported turkeys have been certified as halal by the Bruneian and Australian Muslim authorities.  

Major Players: DB Schenker, DHL, Yusen Logistics, Kerry Logistics, Archipelago, and Ceva, among others.

Reasons to Purchase the Report

  • Current and future of Brunei freight & logistics market outlook
  • Analyzing various perspectives of the market with the help of Material Flow & Trade analysis
  • Identifying the segment that is expected to dominate the market
  • End-use Industries that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

1. Introduction

                1.1 Executive Summary

                1.2 Research Methodology

2. Market Overview

                2.1 Government Policies and Regulations

                2.2 Logistics Performance Review

3. Market Dynamics

                3.1 Drivers

                3.2 Constraints

                3.3 Opportunities

4. Brunei Freight & logistics Market Insights, by Mode of Freight Transport Forecast (2014 – 2023)

                4.1 Road

                4.2 Shipping and Inland Water

                4.3 Air

                4.4 Rail

 5. Brunei Freight & Logistics Market Insights, by Function Forecast (2014 – 2023)

                5.1 Freight Forwarding  

                5.2 Warehousing

                5.3 Value-added Services

                                5.3.1 3PL - International and Local Freight Transport Arrangement/Management

                                5.3.2 3PL –Value-added Warehousing and Distribution

                                5.3.3 Project Logistics and Contract Logistics

                                5.3.4 Integrated Logistics

                5.4 E-Commerce Fulfilment and Courier Express Parcel Industry

                5.5 Other Emerging Areas (Cold Chain Logistics, Return Logistics, Logistics Tech Developments)

6. Brunei Freight & Logistics Market Insights, by End User Forecast (2014 – 2023)

                6.1 Manufacturing & Automotive

                6.2 Oil & Gas, Mining, and Quarrying

                6.3 Distributive Trade (Wholesale and Retail Segments – FMCG included)

                6.4 Agriculture, Fishing, and Forestry

                6.5 Construction

                6.6 Telecommunication

                6.7 Others

7. Key Company Players

                    7.1 International Players (Top global players active in Brunei market)

                    7.2 Local Players (Top listed and unlisted players in freight forwarding, warehousing, 3PL, etc.)

                     7.3 Mergers and Acquisitions & Capital Market Activity

8. Investment Outlook

9. Appendix

                9.1 GDP Distribution, by Activity and Region

                9.2 Insights on Capital Flows

                9.3 Economic Statistics – Transport and Storage Sector Contribution to Economy

                9.4 External Trade Statistics – Export and Import, by Product

                9.5 Insights on Key Export Destinations

                9.6 Insights on Key Import Origin Countries

10. Disclaimer


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