#Myanmar Courier Express and Parcel Market Value
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HOW MYANMAR EXPRESS LOGISTICS MARKET EVOLVED?
The political turmoil in Myanmar has long been a degrading factor for the country’s trade and logistics facilitation. In a lot of ways, 2011 was the year Myanmar’s economy opened up to the rest of the world when the new democratic government came to power. Foreign investment has since then been steadily coming in and international companies are looking at Myanmar as a potential growth market. The total amount of FDI in Myanmar reached USD ~ billion in 2018.
The Myanmar Express Logistics Market was valued at USD ~ million in the year 2013, while at present the market is valued at USD ~ million with a CAGR of ~% during the review period. A key driver behind the recent growth in Myanmar’s Express Logistics Market is the strategic location of Myanmar as a gateway between India and ASEAN countries, along with availability of abundant natural resources and cheap labor.
E-Commerce also plays a major role in today’s express logistics market in Myanmar, mainly for domestic shipments.
The recent and gradual liberalization of delivery services through partnership with third party logistics provides–after decades of strict monopoly by Myanmar Post for mail and small parcels–have enabled the development of a small e-commerce logistics market, primarily in urban regions of Yangon and Mandalay.
Myanmar ranked 126th out of 170 countries in the 2016 Integrated Index for Postal Development by the Universal Postal Union (UPU), which is now supporting Myanmar Post to aid its development and digitalization process. Myanmar Post and Telecommunications is also getting support from Japan’s Ministry of Internal Affairs and Communications for the modernization of postal services.
MYANMAR EXPRESS LOGISTICS MARKET SEGMENTATION
Revenue by Type of Service
The major segments of express logistics in Myanmar include mails and documents, e-commerce parcels, express cargo and express cold chain, with a share of ~%, ~%, ~% and ~% respectively. Express cargo dominates the market in term of revenue, mainly due to prosperous Manufacturing Sector which contributes a share of ~ % to the GDP and also the increasing volumes of foreign trade, FMCG and Retail Sector.
Number of Shipments by Domestic and International Shipments
Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are domestic and ~% are international. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are domestic and ~% are international.
Number of Shipments by Air and Road Express
Annual number of shipments of mails and documents in Myanmar is ~, out of which ~% are through air express and ~% are through road express. Annual number of shipments of e-commerce parcels in Myanmar is ~, out of which ~% are through air express and ~% are through road express.
COMPETIVE SCENARIO IN MYANMAR EXPRESS LOGISTICS MARKET
The Express Logistics market in Myanmar is at the nascent growth stage. DHL is the leading international player due to reliability and guarantee of delivery, whereas Royal Express is the leading domestic player. Since EMS is a subsidiary of Myanmar Post it has the widest network of post offices and address database. Due to this reason delivery in rural areas is done mainly through EMS. While the major e-commerce players have logistics partners, the local merchants deliver their packages through unlicensed small delivery service providers or express buses that do not provide guarantee of delivery. This situation is expected to change with the privatization of Myanmar Post and development of postal services.
MYANMAR EXPRESS LOGISTICS FUTURE OUTLOOK AND PROJECTIONS
The government has announced around ~ designated planned transport projects for road, rail, sea and air transport facilities. They are drafting new sets of laws pertaining to telecommunications, e-commerce and cyber security, expected to be aligned with the recent ASEAN E-Commerce Agreement signed in November 2018. The agreement is aimed at facilitating cross border e-commerce transactions. Total cargo volume in 2030 is projected to reach ~ million tons and trade cargo to increase at ~ %. The thriving F&B industry in Myanmar will be the leading growth factor for growth of cold chain in the country by 2030, accounting for ~% of household expenditure. Major corporations, especially consumer goods manufacturers, from the US, Europe as well as Asia have announced their intention to return to Myanmar or, to invest for the first time. All these developments, backed by foreign investment and booming e-commerce sector, are bound to increase the future market size of Express Logistics at a double digit CAGR.
For more information, refer to below link:
Myanmar Courier, Express and Parcel
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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Analysts at Ken Research in their latest publication “Myanmar Courier, Express and Parcel Market Outlook to 2023 - Driven by Booming E Commerce and Liberalization of Postal Services” believe that the Express Logistics Market in Myanmar is expected to grow due to liberalization of the courier services, market entry of foreign firms and government focus on infrastructural development. The Myanmar Express Logistics Market is expected to grow at a CAGR of ~ 30% during the period 2018-2023.
“From Once Being Sole Operator of Courier Services to Expected Privatization, Myanmar Post and Telecommunication is Changing the Landscape of Express Logistics Market”
Strategic Location: Myanmar enjoys a strategic geographical location in Southeast Asia acting as a gateway between India and the ASEAN Countries. Since the economy opened up in 2011, trade volumes with neighbouring countries such as India, China and Thailand, along with other countries, has been steadily increasing.
Entry of Foreign Players: One of the lucrative factors for investing in Myanmar is the abundant supply of natural resources and one of the cheapest labour costs in Asia. Major corporations, especially consumer goods’ manufacturers, from the US, Europe as well as Asia have announced their intention to return to Myanmar or, to invest for the first time. The total amount of FDI in Myanmar reached USD 7.5 billion in 2018.
Liberalization of Postal Sector: The recent and gradual liberalization of delivery services through partnership with third party logistics provides–after decades of strict monopoly by Myanmar Post for mail and small parcels–have enabled the development of a small e-commerce logistics market, primarily in urban regions of Yangon and Mandalay. Cross border e-commerce is still in the nascent growth stage, mainly due to custom clearance procedures in Myanmar which take 5-7 days as against the ideal standard of 1-2 days.
Focus towards Modernization: Myanmar ranked 126th out of 170 countries in the 2016 Integrated Index for Postal Development by the Universal Postal Union (UPU). UPU is now supporting Myanmar Post to aid its development and digitalization process. The Ministry of Transport and Communication and Japan’s Ministry of Internal Affairs and Communications have signed a memorandum of cooperation in the postal sector for the modernization and improvement of Myanmar’s postal services.
Keywords
Myanmar Express Logistics Market
Myanmar Courier and Parcel Market
Myanmar CEP Market
Number of Parcel Myanmar
Courier Shipments Myanmar
Express Parcels Market Myanmar
Myanmar Logistics Market
Myanmar E-Commerce Market
Myanmar Logistics Cost
Transportation Cost Myanmar
Parcel Freight Cost Myanmar
Myanmar E-Commerce GMV
Myanmar Postal License
Number of E-Commerce Shipments Myanmar
Number of Mails and Documents Myanmar
Domestic E-Commerce Shipments Myanmar
International E-Commerce Shipments Myanmar
Air Freight Revenue Myanmar
Air Freight Volume Myanmar
Road Freight Revenue Myanmar
Air Freight Revenue Myanmar
Cold Chain Myanmar
EMS Myanmar Post Joint Venture
EMS Myanmar Future Plans
DHL Express Myanmar Fleet Size
DHL Express Myanmar Warehousing Space
DHL Express Myanmar Import Rate Chart
DHL Express Myanmar number of Shipments
UCL Partnerships
UCL Business Strategies
UCL Allport Cargo Services Joint Venture
MGL Myanmar Warehousing Space
MGL Myanmar Employee Size MGL Myanmar Fleet Size
MGL Express Rates
MGL Myanmar Number of Shipments
Royal Express Employee size
Royal Express USP
Royal Express Clientele
Royal Express Business Strategy
Royal Express Expansion
Royal Express Rates
Royal Shop Number of Shipments
Royal Express Number of Shipments
SBS Express number of Shipments
SBS Express Revenue
RG Express Myanmar Fleet Size
RG Express Door Asia Cargo
Myanmar Zarla Distribution
Key Segments Covered
Express Logistics Market
Revenue By Type of Service
Mails and Documents
E-Commerce Parcels
Express Cargo
Express Cold Chain
Number of Shipments by Domestic and International
Domestic Shipments
International Shipments
Number of Shipments by Air and Road Express
Air Express
Road Express
Key Target Audience
Courier and Parcel Companies
Express Logistics Companies
3PL Companies
Consultancy Companies
E-Commerce Companies
Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2023
Companies Covered:
EMS
DHL Express
UCL Express
MGL Express
Royal Express
SBS Express
RG Express
Myanmar Zarla Distribution
Marathon Express
Key Topics Covered in the Report
Myanmar Express Logistics Overview and Genesis
Value Chain for E-Commerce Logistics in Myanmar
Myanmar Express Logistics Market Size
Myanmar Express Logistics Market Segmentation
Air and Road Freight Earnings and Volume
Competitive Scenario
Pricing Analysis of Myanmar Express Delivery Firms
Heat Map of Myanmar Express Delivery Firms
Strengths and Weakness of Major Players
Myanmar Express Logistics Future Market Size
Myanmar Express Logistics Future Market Segmentation
Key Industry Norms and Regulations
Analyst Recommendations
For more information, refer to below link:
Myanmar Courier, Express and Parcel Market
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Malaysia Logistics Market Outlook to 2023 - By Air Freight (Cargo Throughput, Domestic and International Freight, Freight Cost, Flow Corridor), By Sea Freight (International and Domestic, Throughput by Ports and Products, Flow Corridor, Freight Cost), Land Freight (Domestic and International, Freight Revenue), Contract Logistics; By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot and Cold Storage) and By Courier, Express and Parcel
Indonesia Logistics and Warehousing Market Outlook To 2023 – Driven By Infrastructure Spending For Airport And Seaports Albeit By Poor Existing Road Network
South Africa Logistics Market Outlook to 2023 - By Sea, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Cold Chain; By Express Logistics and E-commerce Logistics
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
0 notes