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AEC and Logistics Industry Opportunities

AEC and Logistics Industry Opportunities

  • June 2016
  • 63 pages
  • ID: 4109109
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

The Emerging View—Malaysia and Thailand are at Crossroads

Since the ASEAN Economic Community (AEC) came into effect on 31 December 2015, the region has been on track to create a single market and production base that will allow free flow of goods, services, and skilled labor. With a population of more than 600 million people, ASEAN's potential consumer market is larger than the United States or the European Union. As the combined GDP is estimated at $2.46 trillion in 2015, the potential for logistics industries in Malaysia and Thailand to link to mainland Southeast Asian countries, especially China and India, is enormous. This research provides insights into how regional AEC developments, key drivers, and restraints will impact the logistics industries in Malaysia and Thailand. It also provides implications for the AEC, and the new opportunities that are expected to transform the logistics landscapes of these countries.

Research Aims and Objectives

Aim
The aim of this study is to research, analyze, and forecast trends emerging from the implementation of AEC
and the potential market opportunities for logistics companies.

Objectives
- Provide a strategic overview of ASEAN Economic Community, including key objectives, current milestone, implementation rate and initiatives related to the transport sector.
- Provide the impact of AEC implementation towards key industries in Mainland Southeast Asia and expected growth of these industries.
- Provide insights on AEC’s implications for the logistics industry with focus on Malaysia and Thailand.
- Identify business opportunities for logistics service providers in Malaysia and Thailand.

Key Questions this Study will Answer
What is the objective of AEC and the current rate of implementation?
What is the impact of AEC implementation in key industries in Mainland Southeast Asia?
How have AEC initiatives benefited the logistics industry?
How does AEC drive the freight transport policy in Malaysia and Thailand?
What opportunities lies in the logistics industry and how attractive is this sector?

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