In terms of internet penetration, Malaysia is among the top Asian countries. Due to its strong internet infrastructure, young, tech-savvy population, and rising mobile/broadband adoption rates, Malaysia has a significant potential for e-commerce. The market for e-commerce shipping from Malaysia is still in its early stages of development and is expanding year over year, mostly due to rising e-retailing and an increase in the number of online orders. The proliferation of internet connections and the increased demand for online logistics services have helped Malaysia's E-commerce shipping industry grow. Modern technology is used by e-commerce logistics firms, such as live tracking, automation, WhatsApp bots, AI systems, IoT, and telematics.
The COVID-19 epidemic has had a major influence on the entire world. The ongoing lockdowns, the near total shutdown of all businesses, restaurants, and public transportation, as well as the sharp rise in unemployment and other economic indicators, are all signs of it. Malaysia has taken a big impact from the recession, depreciation, and unemployment as a result of the current pandemic crisis. E-commerce, however, appears to have found its lucky break at a time when everything appears to be going wrong by growing its profit and raising Malaysia's GDP as a whole. Many factors, including the pandemic situation at hand, played a role in the emergence of e-commerce. The contribution of e-commerce to stabilizing the ailing economy and simply maintaining it cannot be overstated.
Sales have shifted from offline to online as a result of the COVID-19 outbreak, which is expected to assure ongoing considerable growth. Thanks to cutting-edge developments like automation, blockchain, and the internet of things, which will be researched to promote productivity, improve customer satisfaction, and improve service quality, the country's e-commerce logistics business is predicted to grow.
Malaysia E-Commerce Shipments Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; ABX Xpress, Carousell Malaysia, City Link, DHL e-commerce, E-bay Malaysia, GD Express, J&T Express Malaysia, Lazada, Lelong.my, Ninja Van, POS Malaysia, Shopee Express, Skynet, Xin Haw, Zalora Malaysia.
Malaysia E-Commerce Shipments Market Segmentation:
By B2C and C2C E-Commerce: Based on the B2C and C2C E-Commerce, Malaysia E-Commerce Shipments Market is segmented as; B2C E-Commerce, C2C E-Commerce.
By Sourcing: Based on the Sourcing, Malaysia E-Commerce Shipments Market is segmented as; Johor, Klang Valley, Penang, Other.
By Delivery: Based on the Delivery, Malaysia E-Commerce Shipments Market is segmented as; Klang Valley, Penang, Joho Bahru, Sarawak, Other.
By Volumetric Weight: Based on the Volumetric Weight, Malaysia E-Commerce Shipments Market is segmented as; 0 – 1 Kg, 1 – 2 Kg, 2 – 5 Kg, 5 – 10 Kg, Greater than 10 Kg.
By Delivery Time: Based on the Delivery Time, Malaysia E-Commerce Shipments Market is segmented as; Same Day Delivery, Next Day Delivery, More than 2 days.
By Payment: Based on the Payment, Malaysia E-Commerce Shipments Market is segmented as; Cash, E-Wallet, Debit Card, Credit Card, QR Pay, Bank Transfer.
By Region: This report also provides the data for key regional segments of Joho Bahru, Johor, Klang Valley, Penang, Sarawak, Other.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.