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Malaysia’s Logistics Market is in the growing stage, being driven by rising demand from manufacturing industries. There are several players in the Malaysia Logistics market some of which are DHL, TASCO, Nippon Express, CEVA, DB Schenker, Kuehne + Nagel, Tiong Nam, UPS, and FedEx.
Strengthening the connectivity in North–South of the West Coast and East Coast Corridor by the government of Malaysia will boost the efficiency of road transportation in the country.
Rapidly modernizing retail, e-commerce, and a growing automotive sector to provide opportunities for contract logistics and express providers.
Demand for Pharmaceutical products along with FMCG and Food products during the COVID-19 pandemic contributed to the high growth of Land Transportation during 2020.
Improving Road Transportation and Warehousing Infrastructure: As major players adopt robotics technology, the warehousing industry will see an increase in the use of technology and automation. EDI (Electronic Data Interchange) and RFID (Radio Frequency Identification) technology will aid in efficient inventory management.
To enhance the technological capacity of the logistic market the Malaysian government’s investments and initiatives in infrastructure connecting the country with Lao PDR and various parts of China would fuel the future growth of road and rail freight services.
High Demand for Road and Sea Transportation: Road Transport in Malaysia is the most preferred mode of transportation and will continue to be so in 2027F. Water transportation is also expected to grow in the future as high infrastructure investment is undertaken by the government to improve the state of maritime logistics in the country.
Demand for Road transportation from manufacturing sector, FMCG companies, and automotive players is rapidly increasing in Malaysia due to increasing production capacities by top players in the country. Moreover, many new players are expected to enter the market while the existing players are expected to expand their current revenue share.
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