Transportation Services in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.Synopsis
Essential resource for top-line data and analysis covering the Philippines transportation services market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.Key Highlights
The transportation services industry consists of the air, marine, rail, and road freight sectors.
The Philippine transportation services industry group had total revenues of $2.2bn in 2016, representing a compound annual growth rate (CAGR) of 0.6% between 2012 and 2016
The marine segment was the industry group's most lucrative in 2016, with total revenues of $1.2bn, equivalent to 55.9% of the industry group's overall value.
In 2015 the Philippines transportation industry performed poorly, shrinking by 7.4%. The decline was in part due to falling global demand and consumer spending. Lower revenues from agricultural products and oil, which are two of the Philippines' primary exports, exacerbated the situation. Because of this, cargo throughput fell in 2015. WTI crude prices reached highs of $113.06 per barrel in August 2013, before tumbling to $29.41 in January 2016. December 2016 saw a rally to $54.47 per barrel. The improved prices helped stage a recovery in the market.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the transportation services market in Philippines
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the transportation services market in Philippines
Leading company profiles reveal details of key transportation services market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Philippines transportation services market with five year forecasts
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What was the size of the Philippines transportation services market by value in 2016?
What will be the size of the Philippines transportation services market in 2021?
What factors are affecting the strength of competition in the Philippines transportation services market?
How has the market performed over the last five years?
What are the main segments that make up Philippines's transportation services market?