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Economic Integration, Improving Connectivity, and Infrastructure Upgrades will Support Market Growth in Indonesia, Thailand, Vietnam, and the Philipp
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Regional economic integration, free trade agreements, e-Commerce, and digitalization are some of the key drivers expected to transform the logistics industry in the South East Asian region. With high growth projected for Indonesia, Thailand, Vietnam, and the Philippines, trade and domestic demand growth will drive the growth of the transportation and logistics industry. Long-term business growth prospects include multi-modal transportation, cold chain logistics, intelligent transportation systems, warehousing, and freight forwarding. Growth in e-Commerce will transform e-Logistics delivery models. The online freight services market will gain traction, and the adoption of digital technologies will accelerate the warehousing segment during the forecast period.
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