Understanding the Malaysia Logistics Market Size, Share, Analysis Forecast 2030

Malaysia Logistics Market Overview:

According to MarkNtel Advisors study the Malaysia Logistics Market size is estimated to be around USD 28.88 billion in 2024. It is further expected to grow at a CAGR of around 5.4% during the forecast period, i.e., 2024-30. The increasing penetration of e-commerce platforms, the growing trade activities, and the rising focus of the government to make Malaysia a top exporter of essential commodities are resulting in higher demand for logistics solutions.

Table of Contents

Malaysia Logistics Market Driver:

Rising Trade Agreements With Other Nations Enhances the Market Growth – The appropriate geographic location of Malaysia makes it a perfect trading destination since it connects the Indian Ocean to the west and the Pacific Ocean to the east. Along with this, the governing bodies of Malaysia have also recognized the importance of international trade since it helps in boosting the country’s economy. Based on the statistics by Exinpedia, the country exported goods worth USD312.7 Billion in 2023. Therefore, the authorities are increasingly signing trade pacts with countries, such as Australia, Chile, India, etc., and encouraging the exports of the products. The trading of the products requires logistics services to handle cross-border transportation, customs clearance, and international shipping. Also, the foreign ministries are laying plans to make Malaysia a top exporter by signing agreements like the ASEAN Free Trade Area (AFTA), the Malaysia-Iran Preferential Trade Agreement (MIPTA), etc. Thus, with more trade activities in Malaysia, there would be a need for logistics services that help in inventory management, and improve supply chain solutions.

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Scope of the Malaysia Logistics Market Report Segmentation

-By Model

First-Party Logistics (1 PL)- Market Size & Forecast 2019-2030F, USD Million
Second-Party Logistics (2 PL)- Market Size & Forecast 2019-2030F, USD Million
Third-Party Logistics (3 PL)- Market Size & Forecast 2019-2030F, USD Million
Fourth-Party Logistics (4 PL)- Market Size & Forecast 2019-2030F, USD Million

-By Transportation Mode

Air- Market Size & Forecast 2019-2030F, USD Million
Rail- Market Size & Forecast 2019-2030F, USD Million
Road- Market Size & Forecast 2019-2030F, USD Million
Sea and Inland Waterways- Market Size & Forecast 2019-2030F, USD Million

-By End User

Healthcare & Pharmaceuticals- Market Size & Forecast 2019-2030F, USD Million
Construction- Market Size & Forecast 2019-2030F, USD Million
Energy & Chemicals- Market Size & Forecast 2019-2030F, USD Million
Retail & E-Commerce- Market Size & Forecast 2019-2030F, USD Million
Food & Beverage- Market Size & Forecast 2019-2030F, USD Million
Consumers Goods- Market Size & Forecast 2019-2030F, USD Million
Others (Automotive, Semiconductor, etc.)- Market Size & Forecast 2019-2030F, USD Million

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Geographical analysis:

-By Region

North
South
East
Central
Sarawak
Sabah

Malaysia Logistics Industry Recent Development:

2024: FedEx: Announced its plans to expand its business in Malaysia and focus on the delivery of the products via air freight by using the existing facilities at several airports
2023: City-Link Express (M) Sdn Bhd: Partnered with XL Holdings to expand chilled, frozen goods delivery services across the country.

Current Landscape of Malaysia Logistics Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Malaysia Logistics market. The research report profiles major players, including

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City-Link Express (M) Sdn Bhd
CJ Logistics Corporation
DB Schenker
FedEx
DHL Group
Hextar Technologies Solutions Berhad
Pos Malaysia Bhd
Keretapi Tanah Melayu Berhad
Kuehne + Nagel
MMC Corporation Berhad
Others

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Understanding the Malaysia Logistics Market Size, Share, Analysis Forecast 2030