Malaysia Freight And Logistics Market Size

Statistics for the 2023 & 2024 Malaysia Freight And Logistics market size, created by Mordor Intelligence™ Industry Reports. Malaysia Freight And Logistics size report includes a market forecast to 2030 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of malaysia freight and logistics Industry

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Malaysia Freight And Logistics Market Summary
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Icons Lable Value Study Period 2017 - 2030 Market Size (2024) USD 28.12 Billion Market Size (2030) USD 38.28 Billion Largest Share by Logistics Function Freight Transport CAGR (2024 - 2030) 5.28 % Fastest Growing by Logistics Function Courier, Express, and Parcel (CEP)

Major Players


*Disclaimer: Major Players sorted in no particular order

Key Players



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Malaysia Freight And Logistics Market Analysis

The Malaysia Freight And Logistics Market size is estimated at 28.12 billion USD in 2024, and is expected to reach 38.28 billion USD by 2030, growing at a CAGR of 5.28% during the forecast period (2024-2030).

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28.12 Billion

Market Size in 2024 (USD)

38.28 Billion

Market Size in 2030 (USD)

4.16 %

CAGR (2017-2023)

5.28 %

CAGR (2024-2030)

Fastest Growing Market by Mode of Transport

6.72 %

Projected CAGR, Air, 2024-2030

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Despite a few challenges, the country's primary air cargo players are actively expanding their operations. For instance, My Jet Xpress and World Cargo Airline have taken steps to enhance their operations.

Largest CEP Market by Destination

65.02 %

value share, Domestic, 2023

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With e-commerce user penetration projected to hit 55% by 2030, the domestic CEP market is poised for growth. As a result, the number of service providers is anticipated to witness an uptick in the coming years.

Largest Market by End User Industry

39.34 %

value share, Manufacturing, 2023

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In 2023, Malaysia introduced the New Industrial Master Plan (NIMP) 2030, aiming to bolster its manufacturing sector. The plan is projected to contribute USD 133.19 billion to the economy by 2030.

Largest Warehousing Market by Temperature Control

91.95 %

value share, Non-Temperature Controlled, 2023

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E-commerce is experiencing rapid growth, and with over 1000 companies involved in delivering e-commerce shipments throughout the country, driving the demand for warehouses.

Fastest Growing Warehousing Market by Temperature Control

5.06 %

Projected CAGR, Temperature Controlled, 2024-2030

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The pharmaceutical industry is leading the demand for temperature-controlled warehouses. The OTC pharmaceuticals market is expected to register a CAGR of 7.27% during 2022-2027.

Rising exports since the economic recovery in 2021 and investment opportunities leading to freight demand

  • Malaysia's push for clean energy is evident in its infrastructure development, as local firms spearhead advancements in technologies like rooftop and floating solar, battery storage, and hydrogen. In a notable move, in May 2022, Masama Sdn Bhd awarded Sarawak Consolidated Industries Bhd (SCIB) a RM 38 million (USD 8.61 million) contract for engineering, procurement, construction, and commissioning. The project, connecting Baleh Bridge, RH Belaja, Ng Benin, SK Ng Pelagus, and Pelagus Resort in Kapit, Sarawak, was successfully completed in March 2023.
  • Malaysia's cross-border e-commerce is robust, accounting for 40% of all such transactions. Malaysians are drawn to international brands primarily due to better prices (72%) and access to exclusive products (49%). China, Singapore, the United States, and Japan dominate the top cross-border sales destinations. Notably, the Malaysian cross-border e-commerce market's share is on par with domestic e-commerce, further fueling demand for transportation services.
  • According to the Ministry of International Trade and Industry (MITI), the maritime and shipbuilding and ship repairing (SBSR) industries had the highest value of exports to the United States, followed by Indonesia and the United Arab Emirates. Moreover, in April 2023, the Malaysian government announced its plan to construct a port for RM 28 billion (USD 6.34 billion), scheduled to be completed by 2060. This initiative aims to enhance the handling capacity for both container and conventional cargo at Port Klang to 36 million TEUs in 2060 from 13.2 million TEUs in 2022.
Malaysia Freight And Logistics Market

Malaysia Freight And Logistics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030