Malaysia’s 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.     

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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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Malaysia Logistics Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

•  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
• By Region
• North
• South
• East
• Central
• Sarawak
• Sabah

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -    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, among others

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