Myanmar Courier, Express and Parcel Market Overview
According to SPER Market Research, the Myanmar Courier, Express and Parcel Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Delivery of parcels and papers by land, air, and waterways is included in courier, express, and parcel (CEP) services. They assist in delivering non-palletized items, which often weigh in at around hundred pounds total. Among the most important variables favorably affecting the market are rapid urbanization, globalization, and a large increase in cross-border trade channels. Also, rising consumer spending power and the expanding e-commerce sector as a result of consumers' shifting preferences for online shopping are driving market expansion. A good market picture is being created as e-commerce enterprises increasingly focus on strategic partnerships with CEP providers to deliver products across domestic and international regions. Additionally, they are enhancing value-added services including call recording capabilities, SMS and email notifications, and mobile product monitoring. Additionally, a positive market outlook is being provided by consumer dependence on smartphones, laptops, tablets, and personal computers (PCs), as well as by increasing internet penetration.
Following the democratic elections, Myanmar's economy was opened up, and since then, foreign investment has been steadily coming in. The abundance of natural resources and some of the most affordable labor prices in Asia make Myanmar one of the most profitable countries in which to invest. Even though transportation services account for a small portion of the GDP, there has been underinvestment in Myanmar's transportation industry, with a lower amount of government spending going towards the sector.
For facilities for road, rail, marine, and air transportation, the government has designated planned transportation projects. To be in line with the recently signed ASEAN E-Commerce Agreement, they are creating new sets of legislation governing telecommunications, e-commerce, and cyber security. The pact aims to make international e-commerce transactions easier. The country's booming food and beverage sector will be the main driver of the expansion of the cold chain there. Large businesses, particularly consumer goods producers, from the US, Europe, and Asia have declared their intention to invest in Myanmar again or for the first time. The market size of Express Logistics will inevitably grow as a result of all these developments, supported by foreign investment and a thriving e-commerce industry, at a double digit CAGR. Together with shipping and inland water transportation, road freight transportation has become a dominant method in recent years. Road transportation dominates domestic transportation, connecting rural areas and fostering both regional and global trade.
More than half of Myanmar's road network is unpaved, making it underdeveloped and weak in comparison to other ASEAN countries. Inadequate infrastructure combined with Southeast Asia's lowest motor vehicle penetration leads to expensive transportation and protracted journey times. Due to this, the country's trucking expenses are disproportionately greater than those in other ASEAN nations. The country's logistics industry is changing as a result of rising trade activity, better connectivity, and the entry of significant foreign firms. The development of the logistics industry in the nation has been hampered for a long time by a lack of adequate transportation infrastructure. Yet, the country's continual developments provide the logistics industry a lot of prospects.
Impact of COVID-19 on the Myanmar Courier, Express and Parcel Market
The logistics industry has been impacted by the COVID-19 epidemic along with other economic sectors. Supply networks around the world were disrupted, which had a significant impact on the manufacturing, shipping, and retail industries. Also, the military takeover in the nation has increased freight charges and caused flights to be canceled, all of which have an effect on the logistics industry in the nation. The development of the logistics industry in the nation has been hampered for many years by a lack of adequate transportation infrastructure. Yet, the country's ongoing developments offer several prospects for logistics players. The strategic geographic location of the nation plays a significant role in luring investments.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Type of Service, By Type of Shipments, By Mode of Delivery
|
Regions covered | Central, East, North, South, Southwest, Tanintharyi, West
|
Companies Covered | DHL Express, EMS, Marathon Express, MGL Express, Myanmar Zarla Distribution, RG Express, Royal Express, SBS Express, UCL Express
|
Target Audience:-
- 3PL Companies
- Consultancy Companies
- Courier and Parcel Companies
- E-Commerce Companies
- Express Logistics Companies
Myanmar Courier, Express and Parcel Market Segmentation:
1. By Type of Service:
- E-Commerce Parcels
- Express Cargo
- Express Cold Chain
- Mails and Documents
2. By Type of Shipments:
- Domestic Shipments
- International Shipments
3. By Mode of Delivery:
4. By Region:
- Central
- East
- North
- South
- Southwest
- Tanintharyi
- West
Key Topics Covered in the Report:
- Size of Myanmar Courier, Express and Parcel Market (FY’2019-FY’2032)
- Overview of Myanmar Courier, Express and Parcel Market
- Segmentation of Myanmar Courier, Express and Parcel Market By Type of Service (E-Commerce Parcels, Express Cargo, Express Cold Chain, Mails and Documents)
- Segmentation of Myanmar Courier, Express and Parcel Market By Type of Shipments (Domestic Shipments, International Shipments)
- Segmentation of Myanmar Courier, Express and Parcel Market By Mode of Delivery (Air Express, Road Express)
- Statistical Snap of Myanmar Courier, Express and Parcel Market
- Myanmar Courier, Express and Parcel Market Growth Analysis
- Problems and Challenges in Myanmar Courier, Express and Parcel Market
- Myanmar Courier, Express and Parcel Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Myanmar Courier, Express and Parcel Market
- Details on Recent Investment in Myanmar Courier, Express and Parcel Market
- Competitive Analysis of Myanmar Courier, Express and Parcel Market
- Major Players in the Myanmar Courier, Express and Parcel Market
- SWOT Analysis of Myanmar Courier, Express and Parcel Market
- Myanmar Courier, Express and Parcel Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Myanmar Courier, Express and Parcel Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Myanmar Courier, Express and Parcel Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Myanmar Courier, Express and Parcel Market
7. Myanmar Courier, Express and Parcel Market, By Type of Service, 2019-2032 (USD Million)
7.1 E-Commerce Parcels
7.2 Express Cargo
7.3 Express Cold Chain
7.4 Mails and Documents
8. Myanmar Courier, Express and Parcel Market, By Type of Shipments, 2019-2032 (USD Million)
8.1 Domestic Shipments
8.2 International Shipments
9. Myanmar Courier, Express and Parcel Market, By Mode of Delivery, 2019-2032 (USD Million)
9.1 Air Express
9.2 Road Express
10. Myanmar Courier, Express and Parcel Market, By Region, 2019-2032 (USD Million)
10.1 Myanmar Courier, Express and Parcel Size and Market Share by Region (2019-2025)
10.2 Myanmar Courier, Express and Parcel Size and Market Share by Region (2026-2032)
10.3 Central
10.4 East
10.5 North
10.6 South
10.7 Southwest
10.8 Tanintharyi
10.9 West
11. Company Profiles
11.1 DHL Express
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 EMS
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Marathon Express
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 MGL Express
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Myanmar Zarla Distribution
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 RG Express
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Royal Express
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 SBS Express
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 UCL Express
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.