Vietnam Logistics and Warehousing Market Introduction and Overview
According to SPER Market Research, the Vietnam Logistics and Warehousing Market is estimated to reach USD XX billion by 2032 with a CAGR of 11.23%.
The report includes an in-depth analysis of the Vietnam Logistics and Warehousing Market, including market size and trends, distribution channels, product mix and supplier analysis. Logistics and warehousing are important components of supply chain management because they ensure the efficient flow of goods and materials from point of origin to point of consumption. Transportation, inventory management, and information flow are examples of operations that fall under the purview of logistics. It entails coordinating the transportation of commodities, managing storage facilities, and improving distribution networks to meet client requests while keeping costs to a minimum.
- Rising E-commerce Sector: The rapid growth of e-commerce has had a significant impact on Vietnam's logistics and warehousing business. The growing popularity of online shopping has increased demand for last-mile delivery services, fulfilment, centers, and effective inventory management systems. As a result, specialized logistics and warehousing solutions customized to the needs of the e-commerce sector have emerged.
- Government strategies: To promote the development of the logistics and warehousing sector, the Vietnamese government has developed supportive policies and measures. These include tax breaks, investment incentives for logistics infrastructure, and regulatory changes designed to make conducting business easier. Such policies have attracted both domestic and foreign investment, contributing to market expansion.
Market Opportunities and Challenges
The Vietnam logistics and warehousing market presents several market opportunities for industry players.
- The logistics and warehousing market in Vietnam has grown significantly in recent years, owing to a number of main factors. For starters, Vietnam's excellent economic performance and rapid industrialisation have resulted in a considerable need for effective logistics and warehousing solutions. The country has evolved as a manufacturing and export powerhouse, drawing foreign direct investment and establishing itself as a significant component in global supply chains. As a result, trade volumes have expanded, as has the demand for dependable transportation, distribution, and storage services.
The Vietnam logistics and warehousing market faces several challenges that impact its growth and sustainability.
- Firstly, limitations to infrastructure are a huge impediment. Despite continued advances, Vietnam's transportation network, which includes highways, trains, and ports, requires additional enhancements to meet the growing demands of the logistics sector. Inadequate infrastructure can cause congestion, delays, and increase operating costs for logistics providers.
Furthermore, the logistics and warehousing business in Vietnam is facing a skilled labor and qualified professional scarcity. The industry demands workers with knowledge of supply chain management, inventory control, and technology integration.
Market Competitive Landscape
Several prominent international logistics businesses with a significant presence in Vietnam are at the forefront of the market. These firms contribute worldwide knowledge, networks, and cutting-edge technology to meet the needs of international corporations operating in the country. They frequently provide a variety of services, such as freight forwarding, customs brokerage, warehousing, and distribution. DHL, FedEx, UPS, Maersk, and CMA CGM are among the major multinational participants in Vietnam's logistics business.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2022 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Ownership, By End User
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| Regions covered | Central Vietnam, North Vietnam, Southern Vietnam
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| Companies Covered | Bac Ky Logistics Vietnam, Damco Vietnam, Kerry Logistics Vietnam, Nippon Express Vietnam, Noi Bai Cargo Terminal Services, Sea and Air Freight International, Sotrans Vietnam, Transimex Saigon Corporation, Vinafco, Vinalink Logistics
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In what ways has the COVID-19 pandemic affected Vietnam Logistics and Warehousing Market?
The COVID-19 pandemic has had a tremendous influence on the Vietnamese logistics and warehousing market. First of all, global supply chain disruptions caused by lockdown measures and travel restrictions have hampered the transit of goods and raw materials. Delays and increased transportation costs have resulted from the restricted availability of international shipping services and limited air cargo capacity, affecting the overall effectiveness of logistics operations.
Second, the epidemic has hastened the shift to e-commerce, as people have turned to internet buying to meet their demands. This increase in e-commerce activity has increased demand for logistics and storage services, notably last-mile deliveries and fulfillment centers.
Key Target Audience:
- Logistics and Transportation
- E-Commerce Companies
- Manufacturing Companies
- Retailers
- Government Agencies
- Real Estate Developers
- Investors
Our in-depth analysis of the Vietnam Logistics and Warehousing Market includes the following segments:
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By Type:
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Cold Storage Warehousing
General Warehousing
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By Ownership:
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Bonded Warehouses
Non-Bonded Warehouses
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By End User:
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Chemicals
Consumer Goods
Food and Beverage
Healthcare
Retail
Textile and Footwear
Wooden Products
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Key Topics Covered in the Report:
- Vietnam Logistics and Warehousing Market Size (FY’2022-FY’2032)
- Overview of Vietnam Logistics and Warehousing Market
- Segmentation of Vietnam Logistics and Warehousing Market By Type (Cold Storage Warehousing, General Warehousing, Others)
- Segmentation of Vietnam Logistics Warehousing Market By Ownership (Bonded Warehouses, Non-Bonded Warehouses, Others)
- Segmentation of Vietnam Logistics Warehousing Market By End User (Chemicals, Consumer Goods, Food and Beverage, Healthcare, Retail, Textile and Footwear, Wooden Products, Others)
- Statistical Snap of Vietnam Logistics and Warehousing Market
- Expansion Analysis of Vietnam Logistics and Warehousing Market
- Problems and Obstacles in Vietnam Logistics and Warehousing Market
- Competitive Landscape in the Vietnam Logistics and Warehousing Market
- Impact of COVID-19 and Demonetization on Vietnam Logistics and Warehousing Market
- Details on Current Investment in Vietnam Logistics and Warehousing Market
- Competitive Analysis of Vietnam Logistics and Warehousing Market
- Prominent Players in the Vietnam Logistics and Warehousing Market
- SWOT Analysis of Vietnam Logistics and Warehousing Market
- Vietnam Logistics and Warehousing Market Future Outlook and Projections (FY’2022-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 Vietnam Warehousing 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 Vietnam Warehousing Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Vietnam Warehousing Market
7. Vietnam Warehousing Market, By Type, 2019-2032 (USD Million)
7.1 Cold Storage Warehousing
7.2 General Warehousing
7.3 Others
8. Vietnam Warehousing Market, By Ownership, 2019-2032 (USD Million)
8.1 Bonded Warehouses
8.2 Non-Bonded Warehouses
8.3 Others
9. Vietnam Warehousing Market, By End User, 2019-2032 (USD Million)
9.1 Chemicals
9.2 Consumer Goods
9.3 Food and Beverage
9.4 Healthcare
9.5 Retail
9.6 Textile and Footwear
9.7 Wooden Products
9.8 Others
10. Vietnam Warehousing Market, By Region, 2019-2032 (USD Million)
10.1 Vietnam Warehousing Size and Market Share by Region (2019-2025)
10.2 Vietnam Warehousing Size and Market Share by Region (2026-2032)
10.3 Central Vietnam
10.4 North Vietnam
10.5 Southern Vietnam
11. Company Profiles
11.1 Bac Ky Logistics Vietnam
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Damco Vietnam
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Kerry Logistics Vietnam
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Nippon Express Vietnam
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Noi Bai Cargo Terminal Services
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Sea and Air Freight International
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Sotrans Vietnam
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Transimex Saigon Corporation
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Vinafco
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Vinalink Logistics
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 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.
