ASEAN Courier, Express, and Parcel (CEP) Market Size
ASEAN Courier, Express, and Parcel (CEP) Market Analysis
The ASEAN Courier, Express, and Parcel (CEP) Market size is estimated at 16.68 billion USD in 2025, and is expected to reach 23.51 billion USD by 2030, growing at a CAGR of 7.11% during the forecast period (2025-2030).
The ASEAN CEP market is undergoing significant infrastructure modernization to enhance logistics service capabilities across the region. Major infrastructure developments are reshaping the industry landscape, with Vietnam leading substantial investments worth USD 9.6 billion for upgrading airport infrastructure at Hanoi and Ho Chi Minh City airports through 2030. These developments are complemented by the establishment of strategic logistics service hubs, exemplified by Cainiao Group's inauguration of its first warehouse in Jakarta in July 2023, spanning an impressive 320,000 square meters with six warehouses across 170,000 square meters of space.
The industry is witnessing a pronounced shift toward sustainable operations, with major players actively adopting eco-friendly practices and technologies. Thailand Post has emerged as a pioneer in this transformation, implementing a comprehensive program to transition its delivery fleet to electric vehicles by 2050. This initiative is being paralleled by other industry leaders, with DHL announcing plans to expand its electric vehicle fleet in Thailand to 71 vehicles by 2023, demonstrating the industry's commitment to reducing its environmental footprint while maintaining operational efficiency.
Digital transformation is revolutionizing the CEP landscape, with companies investing heavily in automated sorting systems, route optimization technologies, and advanced tracking solutions. The integration of artificial intelligence and machine learning is enabling more efficient last-mile delivery operations, while the adoption of digital platforms is streamlining customer interactions and improving service transparency. This technological evolution is particularly evident in Thailand, where the e-commerce market is projected to witness substantial growth in user penetration, increasing from 20.6% in 2024 to 24.8% by 2028, with an estimated 15.19 million users by 2028.
The market is experiencing a significant transformation in delivery service models, with companies adopting hybrid approaches that combine traditional delivery service methods with innovative solutions. The emergence of alternative delivery points, automated parcel lockers, and specialized handling facilities is creating a more diverse and flexible delivery ecosystem. This evolution is supported by strategic partnerships between courier service providers and local businesses, enabling better coverage and more efficient courier service delivery across urban and rural areas throughout the ASEAN region.
ASEAN Courier, Express, and Parcel (CEP) Market Trends
Rising FDI in ASEAN countries supported by infrastructure construction projects by country governments driving economic growth
- In May 2024, the Japanese government announced a loan of about JPY140.7 billion (USD 900 million) to build a high-speed rail line in Jakarta, Indonesia. The East-West rail project will cover 84.1 km and be completed in two phases, starting in 2026 and finishing by 2031. The new rail line will feature Japanese technology for trains and signaling systems. Such initiatives are expected to boost GDP contribution from transport and storage sector.
- In February 2024, the Transport Ministry announced plans to invest USD 18.83 billion in around 150 transport projects by the end of 2025 to enhance Thailand's infrastructure. In 2024, 64 projects will commence, with an additional 31 projects valued at USD 11.23 billion in the pipeline. For 2025, there are 57 new projects planned, totaling USD 7.59 billion. These initiatives include 18 motorway projects, 9 railway projects, and plans for regional port development, all aimed at bolstering the transport and storage sector's contribution to GDP in the future.
Impact of the Iran-Israel conflict and Ukraine-Russia war on ASEAN countries led to increased fuel prices and supply chain disruptions
- Indonesia expects a 29% increase in oil and gas sector investments in 2024 to boost drilling and exploration after Shell and Chevron's recent exits. This push is vital for Indonesia to counter a long-term decline in output amid rising financing challenges for fossil fuel projects. Foreign companies like Eni, Exxon Mobil, and BP will contribute 40% of 2024's planned investments. Also, in early 2024, the Ministry of Oil and Gas announced that fuel prices at gas stations will stay stable until at least June 2024, despite the Iran-Israel conflict potentially raising oil prices to USD 100 per barrel.
- Diesel prices in Malaysia surged by over 50% in June 2024 as part of Prime Minister Anwar Ibrahim's efforts to reform the country's long-standing fuel subsidy system. The restructuring aimed to alleviate pressure on national finances by eliminating universal energy subsidies and focusing assistance on those most in need. This move also aims to address issues like the smuggling of subsidized diesel to neighboring countries, where it fetches higher prices.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Thailand has the lowest fertility rate in Southeast Asia, around 1.33 children per woman
- Indonesia, Malaysia, and Thailand are leading oil and gas GDP growth in the ASEAN region, followed by the manufacturing sector demand
- ASEAN's e-commerce market is expected to grow rapidly, registering a CAGR of 11% during 2023-27
- ASEAN economies anticipates growth in exports by 2030 led by development in manufacturing sector
- Improvements in some ASEAN country LPI ranks, fueled by infrastructure growth and e-commerce expansion
- ASEAN economies are promoting the agriculture sector to bolster food availability and affordability
- ASEAN countries witnessed a significant rise in prices due to increases in fuel and food costs
- Thailand's Electric Vehicle Policy aims for 30% of the total vehicle production to account for electric cars by 2030
- Huge reliance on wheat imports has become a major concern to food security for ASEAN countries
- Rising cross border trade agreements along with infrastructure development initiatives are expected to boost ASEAN economic growth
Segment Analysis: By Destination
Domestic Segment in ASEAN CEP Market
The domestic segment dominates the ASEAN courier, express, and parcel (CEP) market, accounting for approximately 64% of the total market value in 2024. This significant market share is primarily driven by the surge in e-commerce activities across the region, with major players like Shopee and Lazada contributing substantially to domestic parcel delivery volumes. The growth in online grocery delivery, particularly in Indonesia, Malaysia, and Thailand, has further strengthened the domestic segment's position. Several initiatives by market players have enhanced domestic delivery capabilities, such as Ninja Van Thailand's largest warehouse facility in Bang Saothong, which can handle over 800,000 parcels daily. The implementation of advanced technologies, including semi-automated parcel sorting conveyors and multiple loading docks, has significantly improved sorting efficiency and reduced last-mile delivery times across domestic routes.

International Segment in ASEAN CEP Market
The international segment is projected to experience the fastest growth in the ASEAN CEP market, with an expected growth rate of approximately 8% between 2024 and 2029. This accelerated growth is being driven by increasing cross-border e-commerce activities and strengthening trade relationships between ASEAN nations and global markets. Major developments supporting this growth include DHL Express's expansion in Malaysia with electric vehicles and FedEx's launch of new flights in the Philippines to meet growing demand for intra-Asia cross-border deliveries. The segment's growth is further supported by strategic partnerships between international carriers and local logistics providers, enhancing cross-border express delivery capabilities. Additionally, the implementation of the Regional Comprehensive Economic Partnership (RCEP) has facilitated easier cross-border trade, contributing to increased international parcel volumes across the region.
Segment Analysis: By Speed of Delivery
Non-Express Segment in ASEAN CEP Market
The non-express segment dominates the ASEAN Courier, Express, and Parcel (CEP) market, accounting for approximately 90% of the total market volume in 2024. This significant market share is driven by the segment's cost-effectiveness and suitability for non-urgent deliveries. The segment has particularly benefited from the growth of e-commerce platforms in the region, where many consumers opt for standard delivery options to save on shipping costs. Several innovations and developments are strengthening this segment, including the establishment of new warehousing facilities and sorting centers across major ASEAN countries. For instance, Ninja Van Thailand inaugurated its largest warehouse facility in Bang Saothong, Samut Prakan province, featuring a four-kilometer semi-automated parcel sorting conveyor belt and 400 loading docks, enhancing sorting efficiency by 200% and reducing delivery time by up to four hours.
Express Segment in ASEAN CEP Market
The express delivery segment is experiencing rapid growth in the ASEAN CEP market, with a projected growth rate of approximately 8% during 2024-2029. This growth is primarily driven by increasing demand for time-sensitive deliveries and the rising adoption of same-day delivery and next-day delivery services. The segment is witnessing significant technological advancements and infrastructure developments to support faster deliveries. For example, Cainiao Network is establishing a smart warehouse network spanning Vietnam, Indonesia, Malaysia, and Singapore, covering approximately 2,500,000 sq. m. Additionally, AirAsia's logistics subsidiary, Teleport, has introduced various express delivery services across the region, including next-day international parcel delivery from Kuala Lumpur to Singapore at competitive rates, demonstrating the segment's focus on rapid cross-border deliveries.
Segment Analysis: By Model
B2C Segment in ASEAN CEP Market
The Business-to-Consumer (B2C) segment dominates the ASEAN Courier, Express, and Parcel market, accounting for approximately 57% of the total market value in 2024. This significant market share is primarily driven by the robust growth of e-commerce platforms like Shopee and Lazada operating across ASEAN nations, including Indonesia, Vietnam, Thailand, Singapore, Malaysia, and the Philippines. The segment's strong performance is further bolstered by increasing consumer preference for online shopping and the rising adoption of digital payment solutions. The food and beverages sub-segment within B2C has emerged as a particularly strong growth driver, with the e-grocery category rapidly expanding across the region. Additionally, the implementation of various government initiatives, such as Thailand's ICT infrastructure development under Thailand 4.0, has elevated the country into a regional leader in mobile commerce, further strengthening the B2C delivery segment's market position.
Growth Trajectory of B2C Segment in ASEAN CEP Market
The B2C segment is projected to maintain its strong growth momentum, with revenue expected to expand at approximately 10% annually through 2024-2029. This robust growth is supported by several key factors, including the continued expansion of e-commerce platforms, increasing internet penetration, and the rising adoption of digital payment solutions across the region. The segment's growth is particularly notable in Indonesia, where the e-commerce market is expected to reach USD 83 billion by 2025. The rise of social commerce and integration with social media platforms like TikTok has been instrumental in engaging customers and promoting sales. Furthermore, various government initiatives, such as Indonesia's shopping events and Thailand's digital infrastructure development programs, are expected to continue driving B2C growth. The segment is also benefiting from technological advancements in delivery services, with companies implementing innovative solutions for faster and more efficient last-mile delivery.
Remaining Segments in ASEAN CEP Market Model Segmentation
The Business-to-Business (B2B) and Consumer-to-Consumer (C2C) segments complete the market landscape, each serving distinct needs within the ASEAN CEP ecosystem. The B2B delivery segment primarily caters to corporate clients and industrial sectors, with significant activity in manufacturing and cross-border trade. Local B2B marketplace platforms like Buy2Sell have expanded their operations and partnered with major logistics providers to facilitate imports and exports. Meanwhile, the C2C segment has gained traction through platforms like Shopee and Lazada, which provide peer-to-peer trading opportunities. The segment has particularly benefited from the growing trade in used clothing and personal items, despite regulatory challenges in some countries. Both segments continue to evolve with technological advancements and changing market dynamics, contributing to the overall growth of the ASEAN CEP market.
Segment Analysis: By Mode of Transport
Road Segment in ASEAN CEP Market
The road transport segment dominates the ASEAN courier, express, and parcel market, accounting for approximately 61% of the total market value in 2024. The segment's strong position is driven by its extensive network coverage, cost-effectiveness, and flexibility in last-mile delivery operations. Several major players like Ninja Van, J&T Express, and Lalamove have established robust road delivery networks across the region. The adoption of electric vehicles for sustainable logistics operations has gained momentum, with companies like DHL Express deploying electric vehicles in Malaysia and planning expansion to 61 vehicles. Infrastructure development initiatives across ASEAN countries have further strengthened road transportation capabilities, such as Indonesia's allocation of IDR 275 billion for road infrastructure in the Sepaku sub-district and Vietnam's Road Network Development Plan targeting over 5,000 km of expressways by 2030.
Others Segment in ASEAN CEP Market
The Others segment, comprising sea and rail transport modes, is projected to witness the highest growth rate in the ASEAN CEP market between 2024 and 2029. This growth is primarily driven by ongoing modernization of railway infrastructure across the region and increasing focus on multimodal transportation solutions. Several economies are implementing significant rail development projects, such as Vietnam's Master Plan for railway network development and the Philippines' North-South Commuter Railway Project expected to be completed by 2028. The Malaysian government is also considering extending a USD 10 billion China-led rail project to its border with Thailand, which has achieved a 60% completion rate as of March 2024. These infrastructure developments, combined with the growing emphasis on sustainable and efficient logistics solutions, are expected to drive the segment's expansion in the coming years.
Air Segment in ASEAN CEP Market
The air transport segment plays a crucial role in the ASEAN CEP market, particularly for time-sensitive shipments and international deliveries. The segment has witnessed significant developments in infrastructure and capacity enhancement across the region. In Vietnam, major airport infrastructure projects are underway at Hanoi and Ho Chi Minh City airports with an investment worth USD 9.6 billion. The growth of e-commerce and cross-border trade has further strengthened the demand for air cargo services. However, the segment faces challenges from high fuel costs, with countries like Thailand reporting that oil prices account for 30% of operational costs. Despite these challenges, continued investments in air cargo facilities and the expansion of air networks by major logistics players continue to support the segment's development.
Segment Analysis: By End User Industry
E-Commerce Segment in ASEAN CEP Market
The e-commerce segment dominates the ASEAN Courier, Express, and Parcel (CEP) market, commanding approximately 36% market share in 2024. This significant market position is driven by the rapid expansion of online shopping platforms and changing consumer behavior across the region. Major e-commerce platforms like Shopee, Lazada, and TikTok Shop have been instrumental in generating substantial parcel volumes. The segment's growth is further supported by the increasing internet penetration across ASEAN countries, with over 73 million active online users. The development of sophisticated logistics networks, including automated fulfillment centers and last-mile delivery innovations, has enhanced the efficiency of e-commerce deliveries. Additionally, the adoption of digital payment solutions and the rise of social commerce have contributed to the segment's dominance in the CEP market.
Healthcare Segment in ASEAN CEP Market
The healthcare segment is emerging as the fastest-growing segment in the ASEAN CEP market, projected to grow at approximately 8% during 2024-2029. This robust growth is driven by increasing demand for medical supply deliveries, pharmaceutical products, and healthcare equipment across the region. The expansion of telemedicine services and online pharmacies has created new opportunities for specialized healthcare logistics. Major courier companies are investing in temperature-controlled facilities and specialized handling capabilities to meet the growing demands of healthcare shipments. The segment is also benefiting from government initiatives to improve healthcare accessibility, particularly in remote areas. The rise of cross-border medical tourism and international healthcare trade within ASEAN is further accelerating the growth of healthcare-related deliveries.
Remaining Segments in End User Industry
The ASEAN CEP market encompasses several other significant segments, including Financial Services (BFSI), Manufacturing, Primary Industry, and Wholesale and Retail Trade. The BFSI sector generates consistent demand through the delivery of banking documents, credit cards, and financial instruments. The manufacturing segment plays a crucial role in supporting industrial supply chains and just-in-time delivery requirements. The primary industry segment serves agricultural and resource-based sectors with specialized logistics solutions. The wholesale and retail trade segment continues to evolve with the integration of offline and online retail channels. Each of these segments contributes uniquely to the market's dynamics, with varying requirements for speed, handling, and delivery specifications.
ASEAN Courier, Express, and Parcel (CEP) Market Geography Segment Analysis
Courier, Express, and Parcel Market in Indonesia
Indonesia dominates the ASEAN CEP market, accounting for approximately 32% of the regional market value in 2024. The country's market is primarily driven by the surge in e-commerce activities, with Indonesia having one of the world's highest e-commerce adoption rates. The presence of major e-commerce platforms like Shopee, Lazada, and Tokopedia has significantly contributed to the growth of parcel delivery services. To facilitate e-commerce shipments, state-owned airport operators have established cargo village areas at strategic locations like Soekarno-Hatta Airport and Kertajati Airport. The country's logistics infrastructure continues to evolve with innovative solutions, such as Rara Delivery's proprietary engine that optimizes delivery service routes based on real-time traffic information. The government's commitment to infrastructure development is evident through significant investments, including an infrastructure budget of IDR 392 trillion allocated in 2023, representing a 7.8% increase from the previous year. The market is served by a mix of international players like DHL and FedEx, alongside strong regional players such as J&T Express and Ninja Van.
Courier, Express, and Parcel Market in Vietnam
Vietnam's CEP market is projected to grow at approximately 8% CAGR from 2024 to 2029, making it the fastest-growing market in the region. The country has emerged as ASEAN's primary manufacturing center, leveraging its export-focused economy by importing raw materials and exporting finished products. The heightened flow of goods has created substantial demand for logistics services, supported by significant infrastructure developments. Several major infrastructure projects are underway, including expansions at Hanoi and Ho Chi Minh City airports with an investment worth USD 9.6 billion. The market has witnessed innovative developments in sustainable logistics, with companies like DHL Express expanding their electric vehicle fleet for express delivery. The e-commerce landscape is particularly dynamic, with Gioi Di Dong emerging as the largest e-commerce site generating substantial parcel delivery volumes. The country's participation in numerous free trade agreements has played a pivotal role in facilitating the growth of its manufacturing industry and, consequently, the CEP market.
Courier, Express, and Parcel Market in Thailand
Thailand's CEP market has witnessed significant transformation driven by the government's Eastern Economic Corridor (EEC) initiative and Thailand 4.0 policy. The market benefits from the country's strategic position as one of the largest automotive manufacturers in Southeast Asia, producing over 2 million vehicles annually. Thailand Post, the leading courier service provider, has embraced digital transformation through partnerships with technology providers like Escher to modernize its delivery network and operations. The country's logistics infrastructure continues to evolve with the implementation of sustainable practices, as evidenced by Thailand Post's adoption of electric vans for last mile delivery and its commitment to transform its delivery fleet through electric vehicles by 2050. The market has also witnessed the entry of new players like AirAsia Xpress, which has expanded its coverage across Bangkok's districts.
Courier, Express, and Parcel Market in Malaysia
Malaysia's CEP market is characterized by robust digital infrastructure and strong e-commerce growth. The country has implemented various initiatives to enhance its logistics capabilities, including the Digital Free Trade Zone (DFTZ) to facilitate seamless cross-border trade for local SMEs. The market has witnessed significant innovations in delivery service, with companies like Ninja Van and J&T Express introducing new technological solutions. Malaysia's position as the largest medical device market in Southeast Asia has created specialized delivery requirements for healthcare products. The country's logistics infrastructure continues to evolve with the implementation of electric vehicles for deliveries, as demonstrated by DHL Express's deployment of electric vehicles with plans for expansion. The market has also benefited from strategic partnerships between courier companies and financial institutions, enhancing payment solutions and same day delivery efficiency.
Courier, Express, and Parcel Market in Other Countries
The CEP market in other ASEAN countries, including Singapore, the Philippines, Cambodia, Myanmar, Brunei, and Laos, demonstrates varying levels of development and unique characteristics. These markets are experiencing transformation driven by increasing e-commerce adoption and digital payment solutions. Singapore stands out with its advanced technological infrastructure and innovative last mile delivery solutions, including autonomous robots and drone delivery trials. The Philippines has focused on improving its logistics infrastructure through various government initiatives and private sector investments. Cambodia and Myanmar are emerging markets with growing potential, particularly in cross-border e-commerce. The development of these markets is supported by regional players expanding their operations and introducing innovative courier service solutions tailored to local needs. The increasing integration of ASEAN economies and cross-border trade agreements continues to create new opportunities for CEP service providers in these markets.
ASEAN Courier, Express, and Parcel (CEP) Industry Overview
Top Companies in ASEAN Courier, Express, and Parcel Market
The leading companies in the market are actively pursuing innovation and expansion strategies to strengthen their competitive positions. Companies are investing heavily in automation and digitalization of their operations, including automated sorting centers, smart warehouses, and digital tracking solutions to improve operational efficiency and delivery speeds. Strategic partnerships, particularly with e-commerce platforms and financial institutions, have become increasingly important for expanding service coverage and enhancing last-mile delivery capabilities. Market players are also focusing on developing sustainable delivery solutions, including the adoption of electric vehicles and environmentally friendly packaging options. Cross-border expansion initiatives, network optimization, and the integration of advanced technologies like artificial intelligence and robotics for warehouse management demonstrate the industry's commitment to operational excellence and market growth.
Market Fragmentation Drives Competitive Dynamics
The ASEAN courier, express, and parcel market exhibits a fragmented competitive landscape with a mix of global logistics giants and regional specialists. International players like DHL Group, FedEx, and UPS leverage their extensive global networks and technological capabilities to serve cross-border shipping needs, while regional players such as J&T Express and Ninja Logistics have built a strong local presence through their understanding of regional markets and specialized last-mile delivery solutions. The market has witnessed increasing competition from technology-driven logistics startups that are disrupting traditional business models through innovative delivery solutions and customer-centric approaches.
The industry is characterized by ongoing consolidation activities as companies seek to expand their geographical footprint and service capabilities. Major players are actively pursuing strategic acquisitions and partnerships to strengthen their market positions and enhance their service offerings. Local players are increasingly forming alliances with international logistics companies to improve their cross-border capabilities and technological infrastructure, while global players are partnering with local firms to better penetrate regional markets and enhance their courier service networks.
Innovation and Integration Drive Future Success
Success in the ASEAN CEP market increasingly depends on companies' ability to integrate advanced technologies and develop sustainable operations. Market leaders are investing in digital transformation initiatives, including AI-powered routing systems, automated sorting facilities, and enhanced track-and-trace capabilities to improve operational efficiency and customer experience. The development of value-added services, such as specialized handling for temperature-sensitive items and integrated e-commerce solutions, has become crucial for maintaining a competitive advantage. Companies are also focusing on building sustainable delivery networks through the adoption of electric vehicles and optimization of delivery routes.
For emerging players looking to gain market share, developing strong partnerships with e-commerce platforms and leveraging technology to optimize third-party logistics and express delivery operations are essential strategies. The ability to offer flexible delivery options, competitive pricing, and reliable service quality will be crucial for success in the increasingly competitive market. Companies must also navigate evolving regulatory requirements across different ASEAN countries, particularly regarding cross-border trade and environmental sustainability. The growing focus on environmental regulations and sustainability requirements is pushing companies to invest in green technologies and sustainable practices, which will become increasingly important differentiators in the market.
ASEAN Courier, Express, and Parcel (CEP) Market Leaders
-
DHL Group
-
FedEx
-
J&T Express
-
SF Express (KEX-SF)
-
United Parcel Service of America, Inc. (UPS)
- *Disclaimer: Major Players sorted in no particular order
ASEAN Courier, Express, and Parcel (CEP) Market News
- September 2024: FedEx partnered with and invested in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. FedEx offered a comprehensive approach to help e-commerce and omnichannel brands make faster, smarter supply chain decisions. With more than 130 warehouse and fulfillment operations in North America and 475 million returns processed annually, FedEx Supply Chain helped brands consolidate functions, increase agility, and accelerate click-to-door speed to maximize supply chain value.
- August 2024: FedEx introduced new digital visibility products, enhancing the experience for shippers and recipients by merging digital solutions with essential data. These paid solutions catered to the rising market demand for advanced data analytics. Businesses harnessed near real-time insights and predictive analytics, refining their customers' post-purchase experience. FedEx also offered paid data integration solutions, granting third-party providers access to shipment tracking information, including the Track API, Track EDI, and new webhook subscriptions, all designed to enhance premium post-purchase tracking and supply chain visibility.
- May 2024: FedEx partnered with and invested in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. FedEx offered a comprehensive approach to help e-commerce and omnichannel brands make faster, smarter supply chain decisions. With more than 130 warehouse and fulfillment operations in North America and 475 million returns processed annually, FedEx Supply Chain helped brands consolidate functions, increase agility, and accelerate click-to-door speed to maximize supply chain value.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export-import trends, logistics performance among other key indicators.
List of Tables & Figures
- Figure 1:
- POPULATION DISTRIBUTION BY GENDER, COUNT, ASEAN, 2017 - 2030
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, ASEAN, 2017 - 2030
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, ASEAN, 2017 - 2030
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, ASEAN, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), ASEAN, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, ASEAN, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, ASEAN, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, ASEAN, 2017 - 2023
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, ASEAN, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, ASEAN, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, ASEAN, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, ASEAN, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, ASEAN, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, ASEAN, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, ASEAN, 2017 - 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, ASEAN, 2017 - 2022
- Figure 17:
- VALUE OF EXPORTS, USD, ASEAN, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, ASEAN, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, ASEAN, 2017 - 2022
- Figure 20:
- RANK OF LOGISTICS PERFORMANCE, RANK, ASEAN, 2010 - 2023
- Figure 21:
- LENGTH OF ROADS, KM, ASEAN, 2017 - 2022
- Figure 22:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, ASEAN, 2022
- Figure 23:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, ASEAN, 2022
- Figure 24:
- RAIL LENGTH, KM, ASEAN, 2017 - 2022
- Figure 25:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), ASEAN, 2022
- Figure 26:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, ASEAN, 2022
- Figure 27:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 28:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 29:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 30:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, USD, ASEAN 2017 - 2030
- Figure 31:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2017 - 2030
- Figure 32:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2017 - 2030
- Figure 33:
- VOLUME OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF SHIPMENTS, ASEAN, 2017 - 2030
- Figure 34:
- VALUE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 35:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 36:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 37:
- VALUE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 38:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 39:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 40:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, USD, ASEAN 2017 - 2030
- Figure 41:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, ASEAN, 2017 - 2030
- Figure 42:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, ASEAN, 2017 - 2030
- Figure 43:
- VOLUME OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 44:
- VALUE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 45:
- VALUE SHARE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 46:
- VOLUME OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 47:
- VALUE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 48:
- VALUE SHARE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 49:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 50:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, USD, ASEAN 2017 - 2030
- Figure 51:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, ASEAN, 2017 - 2030
- Figure 52:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, ASEAN, 2017 - 2030
- Figure 53:
- VOLUME OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 54:
- VALUE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 55:
- VALUE SHARE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 56:
- VOLUME OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 57:
- VALUE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 58:
- VALUE SHARE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 59:
- VOLUME OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 60:
- VALUE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 61:
- VALUE SHARE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 62:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 63:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, USD, ASEAN 2017 - 2030
- Figure 64:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, ASEAN, 2017 - 2030
- Figure 65:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, ASEAN, 2017 - 2030
- Figure 66:
- VOLUME OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 67:
- VALUE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 68:
- VALUE SHARE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 69:
- VOLUME OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 70:
- VALUE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 71:
- VALUE SHARE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 72:
- VOLUME OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 73:
- VALUE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 74:
- VALUE SHARE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 75:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 76:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, USD, ASEAN 2017 - 2030
- Figure 77:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, ASEAN, 2017 - 2030
- Figure 78:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, ASEAN, 2017 - 2030
- Figure 79:
- VOLUME OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 80:
- VALUE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 81:
- VALUE SHARE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 82:
- VOLUME OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 83:
- VALUE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 84:
- VALUE SHARE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 85:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 86:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 87:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2022 VS 2030
- Figure 88:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 89:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, USD, ASEAN 2017 - 2030
- Figure 90:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2017 - 2030
- Figure 91:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASEAN, 2017 - 2030
- Figure 92:
- VOLUME OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 93:
- VALUE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 94:
- VALUE SHARE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 95:
- VOLUME OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 96:
- VALUE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 97:
- VALUE SHARE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 98:
- VOLUME OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 99:
- VALUE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 100:
- VALUE SHARE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 101:
- VOLUME OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 102:
- VALUE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 103:
- VALUE SHARE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 104:
- VOLUME OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 105:
- VALUE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 106:
- VALUE SHARE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 107:
- VOLUME OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 108:
- VALUE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 109:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 110:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASEAN, 2017 - 2030
- Figure 111:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASEAN, 2017 - 2030
- Figure 112:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASEAN, 2022 VS 2030
- Figure 113:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, NUMBER OF PARCELS, ASEAN 2017 - 2030
- Figure 114:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, USD, ASEAN 2017 - 2030
- Figure 115:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, %, ASEAN, 2017 - 2030
- Figure 116:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, %, ASEAN, 2017 - 2030
- Figure 117:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, INDONESIA, 2017 - 2030
- Figure 118:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, INDONESIA, 2017 - 2030
- Figure 119:
- VALUE SHARE OF INDONESIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, INDONESIA, 2022 VS 2030
- Figure 120:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, MALAYSIA, 2017 - 2030
- Figure 121:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, MALAYSIA, 2017 - 2030
- Figure 122:
- VALUE SHARE OF MALAYSIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2030
- Figure 123:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, PHILIPPINES, 2017 - 2030
- Figure 124:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, PHILIPPINES, 2017 - 2030
- Figure 125:
- VALUE SHARE OF PHILIPPINES COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, PHILIPPINES, 2022 VS 2030
- Figure 126:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, THAILAND, 2017 - 2030
- Figure 127:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, THAILAND, 2017 - 2030
- Figure 128:
- VALUE SHARE OF THAILAND COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, THAILAND, 2022 VS 2030
- Figure 129:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, VIETNAM, 2017 - 2030
- Figure 130:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, VIETNAM, 2017 - 2030
- Figure 131:
- VALUE SHARE OF VIETNAM COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, VIETNAM, 2022 VS 2030
- Figure 132:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, REST OF ASEAN, 2017 - 2030
- Figure 133:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, REST OF ASEAN, 2017 - 2030
- Figure 134:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASEAN, 2017 - 2023
- Figure 135:
- MOST ADOPTED STRATEGIES, COUNT, ASEAN, 2017 - 2023
- Figure 136:
- VALUE SHARE OF MAJOR PLAYERS, %, ASEAN
ASEAN Courier, Express, and Parcel (CEP) Industry Segmentation
Domestic, International are covered as segments by Destination. Express, Non-Express are covered as segments by Speed Of Delivery. Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C) are covered as segments by Model. Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Air, Road, Others are covered as segments by Mode Of Transport. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry. Indonesia, Malaysia, Philippines, Thailand, Vietnam are covered as segments by Country.Destination | Domestic |
International | |
Speed Of Delivery | Express |
Non-Express | |
Model | Business-to-Business (B2B) |
Business-to-Consumer (B2C) | |
Consumer-to-Consumer (C2C) | |
Shipment Weight | Heavy Weight Shipments |
Light Weight Shipments | |
Medium Weight Shipments | |
Mode Of Transport | Air |
Road | |
Others | |
End User Industry | E-Commerce |
Financial Services (BFSI) | |
Healthcare | |
Manufacturing | |
Primary Industry | |
Wholesale and Retail Trade (Offline) | |
Others | |
Country | Indonesia |
Malaysia | |
Philippines | |
Thailand | |
Vietnam | |
Rest of ASEAN |
Domestic |
International |
Express |
Non-Express |
Business-to-Business (B2B) |
Business-to-Consumer (B2C) |
Consumer-to-Consumer (C2C) |
Heavy Weight Shipments |
Light Weight Shipments |
Medium Weight Shipments |
Air |
Road |
Others |
E-Commerce |
Financial Services (BFSI) |
Healthcare |
Manufacturing |
Primary Industry |
Wholesale and Retail Trade (Offline) |
Others |
Indonesia |
Malaysia |
Philippines |
Thailand |
Vietnam |
Rest of ASEAN |
Market Definition
- Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international shipments.
- Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
- Domestic Courier Market - Domestic Courier Market refers to the CEP shipments wherein the origin and destination is within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express).
- E-Commerce - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the e-tailers, through online sales channel, on Courier, Express, and Parcel (CEP) services. The scope includes (i) the supply chain of a company's online customer orders being fulfilled, (ii) the process of getting a product from the point of manufacturing to the point at which it is delivered to consumers. It involves managing inventory (deferred as well as time critical), shipping, and distribution.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Financial Services (BFSI) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the BFSI players, on Courier, Express, and Parcel (CEP) services. CEP is important to the financial services industry in shipping of confidential documents and files. The establishments in this sector are engaged in (i) financial transactions (that is, transactions involving the creation, liquidation, or change in ownership of financial assets) or in facilitating financial transactions, (ii) financial intermediation, (iii) the pooling of risk by underwriting annuities and insurance, (iv) providing specialized services that facilitate or support financial intermediation, insurance and employee benefit programs, and (v) monetary control - the monetary authorities.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Healthcare - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Healthcare players (Hospitals, clinics, mrdical centres) , on Courier, Express, and Parcel (CEP) services. The scope includes CEP services involved in the defrerred as well time critical movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment). The establishments in this sector (i) include the ones providing medical care exclusively (ii) deliver services by trained professionals (iii) involve processes, including labor inputs of health practitioners with the requisite expertise (iv) are defined based on the educational degree held by the practitioners included in the industry.
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
- International Express Service Market - International Express Service Market refers to the CEP shipments wherein the origin or destination is not within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (ii) Inter-Region as well as Intra-Region Shipments
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry (including Hi-Tech/Technology) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the construction, real estate, educational services, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D), on Courier, Express, and Parcel (CEP) services. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of time critical supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files.
- Primary Industry - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF (Agriculture, Fishing, and Forestry) and Extraction indsutry (Oil &Gas, Quarrying and Mining) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments (i) primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities; (ii) that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Herein, Logistics Service Providers (LSPs) (i) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers; (ii) cover entire phases from upstream to downstream and play a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- REPORT TITLES - Philippines Courier, Express, and Parcel (CEP) Market
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the courier, express, and parcel (CEP) market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Wholesale and Retail Trade (Offline) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers, through offline sales channel, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
- TITLES - Europe Domestic Courier Market
Keyword | Definition |
---|---|
Axle Load | The axle load refers to the total load (weight) bearing on the roadway through wheels connected to a given axle. Across the globe, there are systems in place to ensure axle load monitoring, wherein surpassing the defined limits set by the concerned regulatory authority can lead to penalty/fine. For transportation of goods via road this can be an important determinant of costs as knowledge about the axle load limits can be used to (i) load the vehicle optimally for maximizing profits (ii) avoid exceeding the same and hence the probable fines associated (iii) avoid wear and tear of the vehicle (iv) avoid damage to pavement resulting in noticeable public maintenance and repair costs (v) achieve better turnaround time. |
Back Haul | Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure, and can include full, partial, or empty truck loads (all or part of the way) depending on the visibility of the local freight ecosystem. In this regard, transportation of empty containers to the point of origin, known as deadheading is also a significant factor, considering the supply/container shortages across the geographies, resulting in cost escalation and under optimized profit potential attainment. Generally, the carriers offer discounts on the backhaul, to secure freight for the trip. |
Bill of Lading (BOL) | A bill of lading is a legal contract document issued by a carrier to a shipper to acknowledge reception of their cargo, and is evidence for the contract of carriage between the two parties. Broadly it details the (i) type, quantity, and other specifications of the goods being carried (ii) destination, and terms & conditions of the shipment (iii) carrier and drivers with all the necessary information to process the shipment, which can be used for insurance and customs clearance purposes (iv) assurance that the consignment is damage-free and ready to be shipped to the consignee. In this regard, a house bill of lading (HBL) is a document issued by a freight forwarder or a non-vessel operating common carrier (NVOCC) to acknowledge receipt of items for shipment (to a shipper). If shipments from several shippers are involved a master bill of lading (MBL) might be involved which is a consolidated version of the same for all the shipments being taken care of by the carrier (to a common destination) and might be issued by the carrier to the freight forwarder or the shipper (depending on who books the transport). |
Bunkering | Bunkering is the process of supplying fuel to power the propulsion system of a ship. It includes the logistics of loading and distributing the fuel among available shipboard tanks. In this regard, (i) Bunker fuel is technically any type of fuel oil used aboard ships. It gets its name from the containers on ships and in ports that it is stored in; in the days of steam they were coal bunkers but now they are bunker-fuel tanks, (ii) Bunker refers to the spaces (Tank) on board a vessel to store fuel, (iii) Bunker trader refers to a person dealing in trade of bunker (fuel), (iv) Bunker call is made when a cargo ship anchors or berths in a port to take on bunker oil or supplies, (v) Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. Bunkering is signficant from point of view of freight rates applicable to the shipper as Bunker Contribution (BUC)/ Fuel Adjustment Factor (FAF)/ Bunker Adjustment Factor (BAF) are applied by shipping lines to offset the effect of fluctuations in the cost of bunkers. |
Cabotage | Transport by a vehicle registered in a country, performed on the national territory of another country. Cabotage law may restrict domestic cargo traffic to be carried in its own nationally registered, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cabotage that can be serviced by foreign registered fleet. |
C-commerce | Collaborative commerce (also known as C-commerce), (i) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community (industry, industry segment, supply chain or supply chain segment); (ii) is the optimization of supply and distribution channels to capitalize on the global economy by using new technology efficiently. Advantages of C-commerce, to detail few include (i) maximization of organization's efficiency and profitability (ii) technology integration with physical channels to allow companies to work together (iii) increased information exchange such as inventory and product specifications, using the web as an intermediary (iv) increased competitiveness by reaching a broader audience. Examples of C-commerce, also known as peer-to-peer commerce, include (i) companies that allow consumers to rent things from each other, or marketplaces, such as Meta (formerly Facebook) Marketplace, that allow the sale of used goods; (ii) DoorDash teamed up with many national brands, such as McDonald’s and Chipotle, to offer fast food delivery, building their business model on c-commerce. They have since expanded their delivery service from restaurants to retailers and even offer 'fleets' of drivers to businesses. |
Courier | A business/company that delivers packages/parcels/shipments (upto 70 kgs) including quick door to door pickup and delivery service for goods or documents, domestically or internationally, on a commercial contract basis. Example, DHL Group, FedEx, United Parcel Service of America, Inc., USPS, International Distributions Services, J&T Express, SF Express among several others |
Cross docking | Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. It requires close synchronization of both inbound and outbound movements. It is highly significant in reduction of costs pertaining to warehousing & storage (and the associated Value Added Services). |
Cross Trade | International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and the country of unloading/disembarkation. Cross Trade law may restrict international cargo traffic to be carried by respective country's registered vehicles, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cross trade that can be serviced by foreign registered fleet. |
Customs Clearance | The process of declaring and clearing cargoes through customs. It includes the procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo. In this regard, a customs broker is a person or company licensed by the respective department of the country to act on behalf of freight importers and exporters. |
Dangerous Goods | Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases (compressed, liquified, dissolved under pressure), corrosives, oxidising substances, explosive substances and articles, substances which on contact with water emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles. |
First mile Delivery | First mile delivery refers to the (i) first stage of the freight/shipment/cargo/courier transportation (ii) the transportation of goods from a merchant’s premises or warehouse to the next fulfillment centre/warehouse/hub from where the goods are forwarded (iii) shipping goods from local distribution centers to stores (For retailers) (iv) transportation of finished goods from a plant or a factory to a distribution center (For manufacturers), (v) pick up of goods from the end-customer’s home or store followed by movement to a warehouse or storage location (movers and packers), (vi) process where goods are picked up from a retailer and then transferred to third-party logistics providers or courier service providers to be delivered to the end-consumer (e-commerce). Once the package reaches the next warehouse or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. Example, if one chooses UPS as a courier, first-mile delivery will be the product being delivered from manufacturer's/retailer's warehouse to the UPS’s warehouse/ fulfilment centre. |
Last Mile Delivery | Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub (warehouse or a distribution center or fulfillment centre) to its final destination, which usually is a personal residence/retail store/ business, or parcel locker. It accounts for around half of the total cost involved in entire process of first mile, middle mile, and last mile delivery, though it can vary shipment to shipment, based on commodity, business model and similar factors. |
Milkrun | A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer, using lean management principles applied to logistics. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. A milk run can be a more efficient way to handle logistics but require proper planning. If the route involves products from different companies, there is need for an agreement about cost-sharing and other aspects of the cooperative delivery arrangement. Once the group settles these issues, this delivery method can save time and money for everyone by pooling operation costs and resources. |
Multi country consolidation | Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates one's cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage of the more economic FCL freight rates. Apart from costing some of the other advantages include (i) flexibility to choose suppliers from a wider range of origin countries without worrying about the logistics to final destination from each origin, (ii) ability to pick the most suitable suppliers from many different countries for one's business operations. The increase in one's sourcing options by MCC provides the kind of flexibility needed in competitive global markets. |
Q-commerce | Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. The companies providing Q-Commerce services might have vertically intergrated model or might be using third party delivery platforms (outsourced logistics). It has advantages like (i) competitve USP, (ii) potential to earn greater profit margins, (iii) better customer experience, (iv) guaranteed availability of products, (v) traceability, and (vi) scaleability. |
ReverseLogistics | Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers and may involve ciruclar economy principles (3Rs) viz. recycling, reuse (repurposing, reselling), reducing or repairing. In this regard, reverse commerce (or Recommerce) is the selling of previously owned items through physical or online marketplaces/distribution channels to buyers who reuse, recycle or resell them. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is considered to be a part of the pricing, and the average selling price (ASP) is varying throughout the forecast period for each country
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms