DUBLIN--(BUSINESS WIRE)--The "Cambodia Freight & Logistics Market Study - Market Trends, Analysis & Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.
The Cambodia freight & logistics market was valued at USD XX billion in 2017 and is expected to reach a market value of USD 2.25 billion by 2023, registering a CAGR of 9.66% during the forecast period (2018 - 2023).
Cambodia's local logistics providers offer domestic services, with a limited service range and low-to-average quality of service, barring a few providers who are market leaders. Local companies are the most prominent players in dry port operations and trucking. Kampuchea Shipping Agency and Brokers (KAMSAB) is the largest domestic freight forwarding company that offers a wide range of logistics services, which include transport, brokerage, and warehousing.
In 2016, the Cambodian government took initiatives to increase the investment in road, rail, sea, and air transportation sectors for regional integration, and to compete against the neighboring countries. In December 2016, Yusen Logistics and Naniwa Transport cooperated with apparel logistics services between Cambodia and Japan.
Over the past few years, the manufacturing costs in China have increased significantly resulting in making Cambodia as an alternative manufacturing base in the Southeast Asia region. Garments and footwear were the major products exported from Cambodia, which accounted to 70% of the country's exports. In 2015, Cambodian services sector accounted for 42.3% of the GDP, playing a crucial role in the economic development by improving the productivity of the country.
Key Topics Covered:
2. Market Overview
3. Market Dynamics
4. Cambodia Freight & logistics Market Insights, by Mode of Freight Transport Forecast (2014 - 2023)
5. Cambodia Freight & Logistics Market Insights, by Function Forecast (2014 - 2023)
6. Cambodia Freight & Logistics Market Insights, by End User Forecast (2014 - 2023)
7. Key Company Players
8. Investment Outlook
- DB Schenker
- Yusen Logistics
For more information about this report visit https://www.researchandmarkets.com/research/pdmc9c/cambodia_freight?w=4
Figures will become available once the report is purchased