Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Philippines Freight and Logistics Market Growth
As per the World Bank’s Logistics Performance Index 2023, the Philippines was ranked at the 43rd position out of 139 countries. This is an improvement of 0.4 points from 2018, when it scored 2.9 points on the index. The performance of the Philippines’ customs authority increased substantially, along with improvements in the quality of infrastructure and logistics services, as well as consignment tracing and tracking.
As per the World Bank, a shipping container takes nearly 44 days between entering a port in the Philippines and exiting for its destination. By reducing the time spent by ships at the port, the overall efficiency of the import-export process can be improved significantly.
The Philippine Port Authority is advocating the implementation of the Trusted Operator Program Container Registry Monitoring System (TOP CRMS) to enable carriers, shippers, freight forwarders, and customers to check the status of their containers and cargoes digitally. This technology is expected to track all international shipments arriving at the Philippines’ ports by utilising advanced formats of data interchange through encrypted channels. In 2023, the Department of Budget and Management allocated PhP 12.47 billion to promote digitalisation across ports in the country, which is expected to have a favourable impact on the market growth.
Philippines Freight and Logistics Market Report Snapshots
Philippines Freight and Logistics Market Size
Philippines Freight and Logistics Market Growth
Philippines Freight and Logistics Market Share
Philippines Freight and Logistics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
Key Questions Answered in the Report
The market reached nearly USD 19.16 billion in 2023.
The market is projected to grow at a CAGR of 8.1% between 2024 and 2032.
The market is assessed to witness healthy growth in the forecast period to reach around USD 38.62 billion in 2032.
The different end uses of freight and logistics in the market are manufacturing, consumer goods and retail, food and beverages, IT hardware and telecom, healthcare, chemicals, construction, automotive, and oil and gas, among others.
The different distribution channels in the market are courier, express and parcel, freight forwarding, freight transport, and warehousing and storage, among others.
The key market players are 2GO Group Inc., LBC EXPRESS, INC., Airfreight 2100 Inc., XDE Logistics, Transational Diversified Group, Royal Cargo, Inc., YUSEN LOGISTICS CO., LTD., Kintetsu World Express, Inc, and Laurel Carriers Philippines Inc., among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Locations
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124