Dublin, Jan. 13, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/mwn6zj/contract) has announced the addition of the "Contract Logistics Market in Philippines 2015-2019" report to their offering.
The rise in international trade volume is one such trend that will enable companies to expand their global customer base and their portfolio of products, solutions, and services. In addition, the increased demand for specialized logistics services provided by 3PL providers is another major trend that will propel the demand for 3PL services in the Philippines market during the forecast period.
According to the report, one of the main drivers in this market is the increased demand for electronic products such as smartphones, tablets, and handsets. Manufacturing of electronics products in the Philippines market provides low labor and procurement costs, which helps companies to increase their profit margins.
This market is expected to grow at a steady rate during the forecast period. Its growth is attributed to the high demand for electronic and hardware products in the Philippines market. The contract logistics market in the Philippines by transportation was valued at close to USD 269 million in 2014.
The transportation segment is growing rapidly, and it is expected to dominate the market through 2019. This segment includes different modes of transportation services such as ground, ocean, air, and rail. By 2019, the transportation segment is expected to account for a share of close to 37% of this market.
Leading vendor analysis
- 2GO Group
- Kuehne + Nagel International
- Lorenzo Shipping
- UPS
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by services outsourced
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
For more information visit http://www.researchandmarkets.com/research/mwn6zj/contract
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