120 likes | 144 Views
Vietnam Express and E-Commerce Logistics Market report provides a comprehensive analysis of express and e-commerce logistics services in Vietnam. For more information on the research report visit https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-express-ecommerce-logistics-market-report/144769-100.html
E N D
Vietnam Express and E-Commerce Logistics Market Outlook to 2022-Ken Research
The report titled “Vietnam Express and E-Commerce Logistics Market Outlook to 2022 – By Air and Ground Express, By Channel (3PL and E-Commerce Merchants), By Intercity and Intracity Orders and By Payment Method (Cash on Delivery and Others)” provides a comprehensive analysis of express and e-commerce logistics services in Vietnam. The report focuses on overall market size for express logistics as well as e-commerce logistics in Vietnam, Vietnam express logistics market segmentation by international and domestic express; by air and ground express; by B2B, B2C and C2C; Vietnam E-commerce logistics market segmentation by channel (3PL and E-Commerce merchants), by speed of delivery (2 Day Delivery, 1 Day Delivery, Same Day Delivery, Delivery within 2 Hours and Delivery Beyond 2 Days), by area of delivery (intercity and intracity) and by payment method (cash on delivery and others). The report also covers the overall competitive landscape and growth drivers and trends and government role and regulations. The report concludes with market projection for future for both the markets described above and analyst recommendations highlighting the major opportunities and cautions for Vietnam express logistics and E-commerce logistics market.
Vietnam Express Logistics Market Overview and Size The express logistics market in Vietnam was evaluated at USD ~ million in 2011 which witnessed an increase to USD ~ million in 2012, thus displaying a growth rate of ~% in the market. Air express was the most popular means of express delivery as compared to ground express delivery. The trend of shopping online for perishable items such as food products including fruits and vegetables, meat, fish and others has been rising. Changing consumer shopping habits coupled with rising usage of E-commerce has given a rise to express delivery services in the country. Vietnam express logistics market was observed to generate revenues worth USD ~ million in the year 2017, thus growing at a six year CAGR of ~% in the review period 2011-2017. Vietnam Express Logistics Market Segmentation By International and Domestic Express The domestic express segment dominated Vietnam express logistics market with a massive revenue share of ~% in the year 2017. Domestic express delivery companies operating in Vietnam were witnessed to start investing in modern technology in order to meet the increasing demand in the delivery of goods through E-commerce. On the other hand, international express services in Vietnam express logistics market captured the remaining ~% revenue share in the year 2017 majorly owing to development in transportation for sending goods to international locations.
By Air and Ground Express Air express logistics services dominated Vietnam express logistics market with a revenue share of ~% for international operations and ~% for domestic operations in the year 2017 owing to the country’s developing aviation sector. On the other hand, ground express logistics in Vietnam express logistics market captured the remaining revenue share worth ~% for international operations owing to lower growth of traffic in terms of tonnes per km and ~% for domestic operations in the year 2017. Comparative Landscape in Vietnam Express Logistics Market The express logistics industry in Vietnam is highly concentrated with the presence of major players in both domestic as well as internal express segments. Major domestic players include Viettel Post, GHN, VNPost and others. On the other hand, Vietnam’s entry into World Trade Organization (WTO) has opened entry of several foreign express delivery firms including DHL from Germany, TNT from Netherlands, FedEx and UPS from US. Additionally, foreign tie-ups with Vietnamese companies were also witnessed to increase in the country.
Vietnam Express Logistics Market Future Outlook and Projections The market is estimated to generate revenues worth USD ~ million by the year ending 2018. With same-day delivery, orders are delivered within a few hours after purchasing them, or in a chosen time window on the same day, thus driving the demand for express delivery services in Vietnam. The express logistics industry is expected to respond well towards growth in international trade by investing in new delivery routes and services to ensure that they can meet the growing demand for rapid, guaranteed international delivery. Vietnam express logistics market is estimated to reach revenues worth USD ~ million by the year ending 2022, thus growing at a CAGR of ~% in the forecast period 2018-2022. Vietnam E-Commerce Logistics Market Overview and Size Vietnam E-commerce logistics market generated revenues worth USD ~ million in the year 2015 owing to the country’s increasing access to internet and smart phones coupled with the emerging trend of online shopping. The market is primarily dominated by third party logistics providers such as GHN, Viettel Post, VN Post and DHL eCommerce; followed by E-commerce merchants such as Lazada, Shopee, Tiki and others. The gradual shift in the preference of customers from physical shopping (store based) to online shopping has exponentially increased the number of online orders.
In accordance with Vietnam E-Commerce Association, Vietnam is the 4th country in terms of e-commerce development within Asia-Pacific region and is estimated to reach a market size of USD ~ billion in the upcoming five years. Surge in cross-border online trading activities is one of the major driving forces affecting the Vietnamese E-commerce industry. Vietnam E-Commerce Logistics Market Segmentation By Channel 3PL companies in Vietnam E-commerce logistics market have dominated E-commerce logistics market with the share of ~% in terms of number of orders received during 2017. Some of the major 3PL companies include VN Post, Viettel Post, GHN and others which provide end to end services i.e. from securing inventory in a warehouse to transporting goods from one place to another. Whereas, E-commerce merchants via their in-house logistics team captured the remaining market share of ~% in terms of number of orders in the year 2017. Major E-commerce companies in Vietnam include Lazada Vietnam, Adayroi and Tiki which have their own well established distribution channel in the country.
By Area of Delivery The intercity segment within Vietnam E-commerce logistics market established itself as market leader with a massive market share of ~% in terms of number of orders, thus evaluated at ~ million orders in the year 2017. Intercity delivery majorly happens with ground shipping where mini-trucks are preferred to transport multiple deliveries of orders of multiple customers for the same route taken. The segment dominates owing to the rising vehicle load capacity. By Payment Method The Cash on Delivery (COD) segment established itself as market leader in Vietnam E-commerce logistics market with a massive revenue share of ~% in the year 2017. Other payment modes such as bank transfers, payment cards, debit / credit cards, e-wallets and scratch cards collectively captured the remaining share ~% in Vietnam E-commerce logistics market in the year 2017. Comparative Landscape in Vietnam E-Commerce Logistics Market The E-commerce logistics market in Vietnam was observed to be highly concentrated with the presence of major players such as GHN, VNPost and Viettel Post covering around ~% of the market share in the year 2017.
These logistics companies in Vietnam were witnessed to compete on the basis of shipping points, coverage area, delivery boys, prices, payment collection methods and associations with E-commerce merchants. Other E-commerce logistics in Vietnam includes DHL, Saigon Post and Shipchung. Vietnam E-Commerce Logistics Market Future Outlook and Projections Over the forecast period, Vietnam E-commerce logistics market is expected to drive demand from rising E-commerce spending especially by a young, smartphone addicted and incredibly internet-savvy millennial group which has prompted E-commerce platforms in Vietnam to alter strategies to cater to the younger generation. Fulfillment of service order and electronic logistics play a vital role in expansion of businesses, specifically for E-commerce logistics providers. Value added services such as door delivery, real time tracking and others have given a competitive advantage to logistics players to build long lasting relationship with their customers. The sector is expected to escalate its way in the urban cities where a huge share of traffic is coming from the tier 2 and tier 3 cities as well. Along with the expansion of logistic carriers’ network, now a shipment can be delivered across a wider geography including other rural hubs. Vietnam E-commerce logistics market is expected to generate revenues worth USD ~ million in 2018 to USD ~ million by the year ending 2022, thus growing at a CAGR of ~% in the forecast period 2018-2022.
Key Topics Covered in the Report: Express Delivery Market in Vietnam E-Commerce Logistics Market in Vietnam Vietnam Express Delivery Industry Growth E-Commerce Logistics Market Vietnam E-Commerce Industry Size E-Commerce Logistics Players in Vietnam International Express Delivery Firms in Vietnam Domestic Express Delivery Firms in Vietnam Vietnam Express Delivery Sector Trends Vietnam E-Logistics Industry Size Vietnam Express Delivery Market Size Express Delivery Services in Vietnam Express Delivery Services in Hanoi Express Delivery Services in Ho Chi Minh City Express Delivery Services in Da Nang Normal and Express Delivery in Vietnam List of Express Delivery Firms in Vietnam List of E-Commerce Logistics Players in Vietnam Major Players in Vietnam Express Delivery
Major Players in Vietnam E-Commerce Logistics Vietnam Express Delivery News Vietnam E-Commerce Logistics News Government Regulations Vietnam Logistics How to setup a Logistics Firm in Vietnam Competition Express Delivery Vietnam Competition Vietnam E-Commerce Logistics Market Share VN Post Vietnam E-Commerce Logistics Future Outlook Vietnam Express Delivery Future Outlook Vietnam For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-express-ecommerce-logistics-market-report/144769-100.html Related Reports: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/indonesia-logistics-warehousing-market/142316-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/malaysia-logistics-market-research-report/142315-100.htmlhttps://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/malaysia-logistics-market-research-report/142315-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/singapore-logistics-warehousing-market/134595-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/qatar-logistics-warehousing-market-report/87939-100.html Contact Us:Ken ResearchAnkur Gupta, Head Marketing & CommunicationsSales@kenresearch.com+91-9015378249