Vietnam Freight Forwarding Market Size, Logistics Services in Vietnam, Logistics Services in Hanoi- Ken Research

1
Vietnam Logistics and Warehousing Market Research
Report-Ken Research
2
The report titled Vietnam Logistics and
Warehousing Market Outlook to 2022 By Service
Mix (Freight Forwarding, Warehousing, Cold Chain,
Express Delivery, E-commerce Logistics, Third
Party Logistics) provides a comprehensive
analysis of logistics and warehousing services in
Vietnam. The report focuses on Vietnam freight
forwarding market by normal and express delivery,
by freight movement (sea freight, road freight,
air freight and rail freight), by international
and domestic freight forwarding and by flow
corridors (Asia Countries, European Countries,
American and African Countries) Vietnam
warehousing market by number of warehouses
(Southern Vietnam and other regions), by end
users (retail, electronic devices, textile and
footwear, wooden products and others), by
international and domestic companies and by
business model (industrial freight/retail,
container freight, cold storage, agriculture and
others). The report further provides insight on
Vietnam express delivery market by international
and domestic express, by air and ground express
and by market structure (B2C, B2B and B2C) along
e-commerce logistics business by channel (3PL
companies and e-commerce merchants), by speed of
delivery (2 day delivery, 1 day delivery, same
day delivery, within 2 hours and delivery beyond
2 days), by area of delivery (intercity and
intracity) and by payment method (cash on
delivery and others)
3
The report provides statistics on Vietnam 3PL
market by freight forwarding and warehousing and
by international and domestic companies. The
report also covers the overall competitive
landscape government role and regulations, SWOT
analysis, growth drivers, trends and
developments. Vietnam Logistics and Warehousing
Market Size The logistics industry is one of the
fastest growing industries in Vietnam, but poor
infrastructure is increasing its costs. The main
logistics hubs can be found in the North (Ha Noi
Hai Phong area) and in the South (the wider Ho
Chi Minh city area, including Dong Nai province,
Binh Duong province and Ba Ria/Vung Tau). The
market revenues were evaluated at USD billion
in 2011 and were witnessed to increase to USD
billion in the year 2017, thus growing at six
year CAGR of in the review period 2011-2017.
The logistics industry encompasses with several
components such as freight, warehousing, and
value added services in Vietnam. Vietnam
Logistics and Warehousing Market Segmentation By
Service Mix The freight forwarding segment among
service mix has dominated the logistics and
warehousing market with a revenue share of ,
thus evaluated at USD billion in the year 2017
owing to the countrys export oriented
manufacturing sector.
4
Roadways were observed as the most preferred mode
of transportation, thus displaying a volume share
of in Vietnam freight forwarding market in
2016. The remaining volume share of was
captured by inland waterways, maritime shipping,
railways and aviation transport collectively. The
warehousing segment and value added services
followed freight forwarding market with a revenue
share of and in Vietnam logistics and
warehousing market in 2017. By End User The food
and beverages segment dominated Vietnam logistics
and warehousing market with a revenue share of
, thus evaluated at USD billion in the year
2017. The sector is primarily driven by rising
demand for both foreign as well as local brands
in the country. Other sectors such as engineering
equipments, metals, automotive, oil and gas,
garments, plastic products, cosmetic, rubber
products, arts and handicrafts, ceramics,
glasses, pharmaceutical products and medical
equipments collectively captured the remaining
revenue share of in Vietnam logistics and
warehousing market in the year 2017. Vietnam
Freight Forwarding Market The freight forwarding
industry in Vietnam was evaluated at USD
billion in terms of revenue contribution in 2011
which was observed to increase to USD billion
in the year 2017, thus growing at a six year CAGR
of in the review period 2011-2017.
5
Vietnams freight transport market is majorly
dominated by two modes namely inland waterway
transport (IWT) and the roadways. The percentage
of customers opting for express delivery has
increased in the past five years, thus evaluated
with a revenue share of in Vietnam freight
forwarding market in the year 2017. By freight
movement, the sea freight segment dominated
Vietnam freight forwarding market by capturing
revenue share of in the year 2017 majorly due
to increasing trade activities amongst the
Southeast Asian countries. Over the forecast
period, Vietnam freight forwarding market is
expected to generate revenues worth USD billion
by the year ending 2018, driven by expanding
industrial activities, growing E-commerce
industry, continuous investment by the government
in development of logistics infrastructure in
Vietnam. Vietnam Express Logistics Market The
express logistics market in Vietnam was evaluated
at USD million in 2011 which witnessed an
increase to USD million in the year 2017, thus
growing at a six year CAGR of in the review
period 2011-2017. Vietnamese express delivery
firms such as Hop Nhat, ViettelPost and VNPost
still have been operating well in the market
alongside foreign giants such as DHL, FedEx and
UPS. These foreign giants firms mostly deliver
documents, mails, cargos in small quantities. By
international and domestic express, the domestic
express segment dominated Vietnam express
logistics market with a massive revenue share of
in the year 2017.
6
Vietnam E-Commerce Logistics Market Rising number
of online orders, especially shipments for FMCG
products and consumer durables among the
Vietnamese population have been driving the
demand for E-commerce logistics in the country.
The total number of orders was evaluated at
million in the year 2015, which witnessed an
increase to million in 2017. By speed of
delivery, the 2 day delivery, commonly known as
standard delivery segment was observed to be
chosen as the most preferred shipping choice for
Vietnamese digital buyers owing to the rise in
availability for free shipping among many
e-retailers in the country. The segment dominated
by capturing a market share of in terms of
number of orders, thus evaluated at million in
the year 2017. Other delivery modes include 1 day
delivery, same day delivery and delivery beyond 2
days in Vietnam. Vietnam 3PL Market Vietnam 3PL
market was evaluated at USD billion in the year
2011, which witnessed an increase to USD
billion in the year 2017, thus growing at a six
year CAGR of in the review period 2011-2017.
3PL providers can offer a variety of services to
companies seeking to outsource logistics
functions in Vietnam majorly including domestic
transportation, international transportation and
warehousing. The International companies
operating in Vietnam 3PL market has clearly
established themselves as market leader by
capturing a whopping revenue share worth in
the year 2017.
7
The market is estimated to generate revenues
worth USD billion by the year ending 2022, thus
growing at a CAGR of in the forecast period
2018-2022. Vietnam Warehousing Market In terms of
revenue generation, the warehousing market in
Vietnam was evaluated at USD billion in the
year 2011. The market was witnessed to increase
to USD billion in the year 2017, thus growing
at a six year CAGR of for the review period
2011-2017. Growing manufacturing activities in
Vietnam, rising domestic consumption and
increasing international trade were some of the
primary growth drivers of warehousing in Vietnam.
By number of warehouses, the Southern region
dominated Vietnam warehousing market with the
presence of warehouses in the year 2017 owing
to proximity towards key destinations such as
airports, seaports, major cities, main highways
and borders. The remaining revenue share was
collectively captured by the Northern and Central
Vietnam in 2017. Vietnam warehousing market is
expected to generate revenues worth USD billion
in the year 2018 owing to rising demand for
warehousing services because of lack of adequate
space in the ports and IDC and CFS.   Competitive
Landscape in Vietnam Logistics and Warehousing
Market The freight forwarding industry in Vietnam
was observed as highly fragmented with the
presence of both domestic as well international
freight forwarders in the country.
8
In accordance with Vietnam Freight Forwarders
Association (VIFFAS), there are approximately
freight forwarders in Vietnam as of 2013, most of
which constitute small and medium sized
enterprises with limited capital, well-equipped
facilities and a respectable number of
warehouses. The express logistics industry in
Vietnam was witnessed to be highly concentrated
with the presence of major players in both
domestic as well as internal express segments.
The E-commerce logistics market in Vietnam was
observed to be highly concentrated with the
presence of major players such as GHN, VNPost and
Viettel Post covering around of the market
share in the year 2017. Competition within the
logistics industry is ramping up due to tightened
capacity along with increased consolidation
within the supply chain arena, which has resulted
in fewer partners for 3PLs and increased prices.
Warehousing industry is one of the major segments
of Vietnam logistics and warehousing sector which
encompasses a mix of both unorganized and
organized players. The companies in the country
are competing with each other on the basis of the
size and location of the warehouse. Key Topics
Covered in the Report Logistics and Warehousing
Market in Vietnam Vietnam Logistics
Industry Vietnam Logistics Market Transport
Infrastructure in Vietnam Seaport Operations in
Vietnam Logistics Market
9
Airport Operations in Vietnam Logistics
Market Freight Forwarding Market in
Vietnam Vietnam Logistics and Warehousing Market
Size Vietnam Freight Forwarding Market
Size Logistics Services in Vietnam Logistics
Services in Hanoi Logistics Services in Ho Chi
Minh City Logistics Services in Da Nang Number of
Freight Forwarders in Vietnam Logistics
Industry Number of Logistics Companies in
Vietnam Freight Forwarding Future Outlook
Vietnam Express Logistics Market in Vietnam Role
of Express Delivery in Vietnam Vietnam Logistics
Market Competition Shipping Fleet of Major
Vietnam Seaports Cargo Output through Vietnam
Seaports Growth of Express Delivery Services in
Vietnam Major Players Express Delivery
Vietnam Vietnam Postal Industry Vietnam
E-commerce operations E-commerce Logistics
Players in Vietnam
10
Vietnam E-Commerce Logistics Market
Size E-Commerce Logistics Growth Drivers Future
Growth E-Commerce Logistics Vietnam Trends and
Development in Vietnam Logistics Industry Issues
and Challenges in Vietnam Logistics Industry How
to setup a Logistics Company in
Vietnam Government Regulations Vietnam
Logistics Vietnam 3PL Market 3PL Market Size
Vietnam 3PL Operations in Vietnam Vietnam 3PL
Players The Future of 3PL in Vietnam Warehousing
Services in Vietnam Vietnam Warehousing
Industry Types of Warehouses in
Vietnam Warehousing Market Size Vietnam Value
Added Services in Vietnam SWOT Analysis Vietnam
Logistics Industry Future Growth Vietnam
Logistics and Warehousing
11
For more information on the research report,
refer to below link https//www.kenresearch.com/a
utomotive-transportation-and-warehousing/logistics
-and-shipping/vietnam-logistics-market/144734-100.
html   Related Reports https//www.kenresearch.co
m/automotive-transportation-and-warehousing/logist
ics-and-shipping/indonesia-logistics-warehousing-m
arket/142316-100.html https//www.kenresearch.com/
automotive-transportation-and-warehousing/logistic
s-and-shipping/philippines-logistics-report-2020-v
ersion/7988-100.html https//www.kenresearch.com/a
utomotive-transportation-and-warehousing/logistics
-and-shipping/singapore-logistics-warehousing-mark
et/134595-100.html Contact Us Ken
ResearchAnkur Gupta, Head Marketing
CommunicationsSales_at_kenresearch.com 91-901537824
9
12
(No Transcript)