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New Opportunities in Malaysian Logistics Market

2020-02-25

According to the Google TEMASEK 2019 Southeast Asia e-Conomy report, the size of the e-commerce market in Malaysia in 2019 will reach US $ 3 billion, and it is expected to reach US $ 11 billion in 2025, accounting for about 42% of the size of Malaysia's Internet economy market. Therefore, the logistics industry in Malaysia also benefits from the fast-growing e-commerce industry. Moreover, Malaysia does not have many islands geographically like Indonesia and bad road conditions like Thailand. Malaysia is similar to Singapore in that it also has a relatively complete infrastructure.


Even based on the above two points, the logistics system is still a pain for local e-commerce practitioners and local users in Malaysia. If you want the level of "order today, delivery next day" like China, Still slightly difficult. In the busy phase of distribution, logistics companies will still have a large backlog of goods too late to distribute, but it also reflects the increasing demand for logistics in Malaysia.


With the continuous rise of e-commerce in Malaysia, this means that there is an urgent need to establish a huge logistics network in the local area. This not only requires the support of e-commerce companies and the vigorous development of infrastructure, but also requires more outstanding collection warehousing, distribution, and finally A one-kilometer, e-commerce management platform as one integrated logistics company.


Nowadays more and more players enter the market, and the competitiveness is also constantly rising. Under the huge environmental pressure, only the points just mentioned can stand out in the logistics market. At the same time, logistics companies should integrate value-added services in the future development, such as online and offline simultaneous services, and own core storage facilities. These are important factors that determine the future development of logistics companies.