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Philippines On-Demand Logistics Market Surges: $5.2 Billion Boom by 2026 Fueled by E-commerce & Smartphone Growth: Ken Research

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GURUGRAM, India, Feb. 15, 2024 /PRNewswire/ — Get ready, Philippines! The on-demand logistics market is experiencing an exciting surge, fueled by booming e-commerce, rising smartphone penetration, and a growing demand for convenience. Ken Research’s “Philippines On-Demand Logistics Market Outlook to 2026″ report predicts a phenomenal 14.8% CAGR, translating to a substantial $5.2 billion market size by 2026. This press release unlocks the key drivers, challenges, and promising prospects shaping this dynamic landscape. 

Market Overview: Delivering Convenience, Empowering Consumers 

Beyond simply moving goods quickly, the Philippines’ on-demand logistics market plays a crucial role in supporting e-commerce growth, enhancing customer experience, and empowering Filipinos with convenient access to various products and services. In 2022, the market reached a size of $2.2 billion, and it’s on track for remarkable expansion, driven by: 

E-commerce Boom: With increasing internet penetration and mobile adoption, online shopping is thriving, creating a surge in demand for efficient and speedy deliveries. Smartphone Growth: Widespread smartphone usage fuels accessibility and convenience, allowing consumers to easily order and track deliveries on-demand. Shifting Consumer Preferences: Filipinos are increasingly prioritizing convenience and faster delivery options, driving the demand for on-demand logistics services. Growing Urban Population: Urbanization trends necessitate innovative last-mile delivery solutions to cater to densely populated areas. 

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Market Segmentation: Diverse Needs, Specialized Solutions 

The report delves into the diverse segments of the Philippines’ on-demand logistics market, offering a comprehensive view: 

Delivery Types: Food & grocery delivery leads the demand (50%), followed by e-commerce deliveries (30%) and express deliveries (20%). On-demand services for medicine, documents, and other verticals are emerging. Business Models: B2C deliveries hold the largest share (70%), followed by B2B deliveries (20%) and peer-to-peer (P2P) deliveries (10%). Logistics Partners: Third-party logistics (3PL) providers dominate (60%), followed by dedicated on-demand platforms (30%) and traditional courier companies (10%). 

Competitive Landscape: Local & Global Players Collaborate 

The market features a blend of established local players, global giants, and innovative startups: 

Local Leaders: Lalamove, Grab, and Angkas remain prominent players with extensive networks and strong brand recognition. Global Giants: DHL, FedEx, and DP World are making inroads with their global expertise and technological advancements. Emerging Challengers: Local startups like Entrego and Pickabar, focusing on niche segments like same-day grocery delivery and cold chain logistics, are disrupting the market. 

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Challenges: Navigating the Roadblocks to Growth 

Despite the promising outlook, some challenges need to be addressed: 

Infrastructure Gaps: Limited cold chain infrastructure, underdeveloped rural roads, and traffic congestion can hinder efficient and timely deliveries. Limited Skilled Workforce: Finding and retaining qualified personnel, particularly in areas like data analytics and delivery drivers, remains a challenge. Regulatory Hurdles: Complex regulations and licensing procedures can impede market growth and innovation. Profitability Concerns: Intense competition and price pressure can squeeze profit margins for smaller players. 

Future Outlook: A Brighter Horizon Fueled by Technology & Partnerships 

The Philippines’ on-demand logistics market is poised for continued growth, driven by several exciting factors: 

Technological Advancements: Adoption of AI, route optimization tools, and data analytics will enhance efficiency, improve delivery speeds, and personalize customer experiences. Focus on Sustainability: Green logistics initiatives like electric vehicles and eco-friendly packaging will gain traction, attracting environmentally conscious consumers and investors. Strategic Partnerships: Collaborations between established players, startups, and government agencies will foster innovation and address infrastructure gaps. Investment in Rural Areas: Increased investments in rural infrastructure and last-mile delivery solutions will improve accessibility and connect communities. 

Key Takeaways for Stakeholders: 

This report offers valuable insights for various stakeholders in the Philippines’ on-demand logistics market, including: 

Logistics Companies: Identifying high-growth segments, adopting innovative technologies, offering value-added services, and prioritizing sustainable practices. Investors: Understanding market trends, assessing investment opportunities in promising segments like grocery delivery and cold chain logistics. Policymakers: Formulating policies that address infrastructure gaps, promote skilled workforce development, and create a regulatory environment that fosters innovation and competition. Consumers & Businesses: Gaining insights into the diverse range of on-demand delivery options available 

Conclusion: Building a Resilient and Inclusive On-Demand Logistics Ecosystem 

The Philippines’ on-demand logistics market stands poised for a remarkable journey, fueled by its vibrant e-commerce sector, rising smartphone penetration, and a growing consumer preference for convenience. By embracing technological advancements, fostering collaboration between established players and innovative startups, and addressing key challenges like infrastructure gaps and skilled workforce shortages, the sector can unlock its full potential. This will not only benefit businesses and investors but also empower Filipinos across the archipelago, ensuring equitable access to goods and services, regardless of location, through efficient and sustainable on-demand deliveries. Ultimately, navigating these opportunities and overcoming challenges will determine whether the Philippines’ on-demand logistics market can truly revolutionize the delivery landscape and empower a more connected and prosperous nation.

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Taxonomy

Philippines On-Demand Logistics Market Segmentation

By B2C/B2B/C2C

B2B

B2C

C2C

By On Demand Segment

Food Delivery

Last Mile Logistics

Grocery

By Geography

Metro Manila

Visayas

Mindanao

North Luzan

Other Regions

Philippines On-Demand Food Delivery Market Segmentation

By Region

Greater Metro Manila

Visayas

Mindanao

North Luzon

Other Regions

By Average Delivery Period

Under 30 Minutes

30-45 Minutes

45-60 Minutes

By Gender

Male

Female

By Age Group

18-24

25-34

35-44

45 Above

By Cuisine Type

Fast Food

Filipino

Beverages

Chinese

Chicken

Others

By Frequency of Ordering

Everyday

2-3 Times a Week

Once a Week

Every 2 Weeks

Once a Month

Once Every 6 Months

Once a Year

Less than Once a Year

Philippines on-Demand Grocery Delivery Market Segmentations

By Regions

Greater Metro Manila

Visayas

Mindanao

North Luzon

Other Regions

By Average Delivery Time Taken

Under 30 Minutes

30 to 60 Minutes

1 Hr. to 2 Hrs.

More than 2 Hrs.

By Gender

Female

Male

By Age Group

18-24

25-34

35-44

45 Above

By Product Category

Grocery

Bakery, Snacks & Sweets

Home Essential, Gift & Pet

Health & Wellness

Other Items

By Frequency of Ordering

Everyday

2-3 Times a Week

Every 2 Weeks

Once a Week

Once a Month

Once Every 6 Months

Once a Year

Less than Once a Year

Philippines on-Demand Last Mile Logistics Market Segmentations

By Regions

Greater Metro Manila

Visayas

Mindanao

North Luzon

Other Regions

By Average Delivery Time Taken

Under 30 Minutes

30 to 60 minutes

1 Hr. to 3 Hrs.

Same Day

By B2B/B2C & C2C

B2B

B2C

C2C

By B2C End User

Food Delivery

Super Marts & Conveyance Stores

Furniture & Home Essential Stores

Medical Store Deliveries

Others

For More Insights On Market Intelligence, Refer To The Link Below: –

Philippines On Demand Logistics Market

Related Reports by Ken Research: –

MDO PET Films Market in UAE Outlook to 2027 Driven by increasing population, food and beverage demand and pharmaceutical consumption

Rise in cross-border shopping, with 58% of online purchases made from overseas vendors due to reliable shipping methods, and favorable pricing are the key drivers of e-commerce in the country. The growth of e-commerce in the UAE will boost the demand for packaging materials, especially tapes which are manufactured via MDO PET Films.

UAE Movers Market Outlook to 2028 Driven by Real Estate and Infrastructure Development and Growing Expatriate Population in the Country

Future market size for UAE Movers set for substantial growth from 2022 to 2028. Launch of over 10,000 new townhouses and villas in May 2022, with handover expected by 2025, indicating a surge in property developments and increased demand for moving services. Ongoing urban development projects, including new residential communities and commercial centers, anticipated to boost the demand for professional movers.

Australia Cold Chain Market Outlook to 2027 Driven by Rising Meat and Seafood Consumption Owing to Growing demand for Fresh Food

The Australia cold chain market is anticipated to grow with a CAGR of 10.3% due to the ever-growing demand Majority of the end users’ segments are expected to register a robust CAGR in the Australia Cold Chain Market in the upcoming years Demand for perishable food products is expected to increase due to the rising disposable income and retail spending of the people in the country, which will necessitate the development of cold storage facilities and positively affect the market growth.

Vietnam Logistics Market Outlook to 2027 Driven by Infrastructural and Government Investments Coupled with the Growth of E-Commerce Sector in Vietnam

According to Ken Research estimates, the Market Size of Vietnam Logistics has shown increasing trend from 2017 to 2022. However, there was a decline after 2019 due to restrictions imposed during covid-19; however, the conditions have been better as the market recovers from Covid 19. Logistics sector in Vietnam is growing due to surge in e-commerce sector in response to Covid-19 and increase in the use of new technologies to meet customer demands. Vietnam’s expanding economy, manufacturing has also added to the growth in the logistics sector.

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Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
Ankur@kenresearch.com
+91-9015378249

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RSPO Launches New Guidance to Leverage Sustainable Palm Oil Certification for IFRS® Sustainability Disclosure Standards

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KUALA LUMPUR, Malaysia, July 23, 2026 /PRNewswire/ — The Roundtable on Sustainable Palm Oil (RSPO) has released a guidance document, “Leveraging RSPO Principles and Criteria for IFRS® Sustainability Disclosure Standards”. This new resource supports certified sustainable palm oil producers to align their sustainability practices with the IFRS S1 and IFRS S2 disclosure standards that serve as the global framework for reporting sustainability-related financial information.

As more than 30 jurisdictions, representing around 60% of global GDP, move towards adoption of the IFRS Sustainability Disclosure Standards (IFRS SDS), companies are increasingly required to disclose how sustainability-related risks and opportunities affect their financial position and prospects.1

This resource provides a practical pathway for palm oil producers to respond to these requirements by leveraging their existing compliance with the RSPO Principles and Criteria (P&C), without duplicating efforts or creating parallel systems.

Informing investor-relevant disclosures: A four-step approach

Certification and the IFRS SDS serve different purposes. This guidance, developed with support from PwC Malaysia, provides a practical bridge between operational sustainability practices and financial disclosure expectations by helping members translate certification-related topics, metrics, and evidence to inform investor-relevant disclosures.

It sets out a four-step approach to IFRS SDS-aligned reporting, guiding RSPO Members on applicability, reporting boundaries, identification of sustainability-related risks and opportunities, and links to financial performance. It also includes seven practical examples, illustrating how the RSPO P&C requirements and implementation evidence can inform disclosures across key sustainability topics, from ethical conduct and legal compliance to environmental protection and worker health and safety.

Beyond growers, the guidance document also supports financial institutions by helping banks, insurers, and investors understand how palm oil sustainability issues, such as labour disputes and traceability gaps, can translate into financial risks, impacts, and opportunities, enabling clearer risk profiling and more informed financing decisions.

Joseph D’ Cruz, RSPO Chief Executive Officer, said: “As sustainability reporting becomes an integral pillar of financial performance, this guidance bridges certification and disclosure, providing RSPO members with a practical framework to demonstrate sustainability performance in ways that resonate with global capital markets. In line with the growing importance of sustainability disclosures in financing and investment decision-making processes, this guidance illustrates how RSPO Principles and Criteria practices can complement an organisation’s strategy and risk assessment processes.”

Andrew Chan, Partner, Sustainability Leader at PwC Malaysia, said: “This guidance responds to the broader shift towards measuring sustainability through a financial lens, with the adoption of the IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2). For RSPO growers, this creates an opportunity to demonstrate how sustainability practices contribute to business resilience as well as value creation — building investor confidence for the long term.”

Importantly, the guidance also reflects RSPO’s longer term interest in progressively strengthening linkages with sustainability disclosure frameworks. As disclosure expectations continue to evolve, RSPO intends to further explore how certification-related data metrics and assurance processes can support broader and more integrated sustainability disclosures in the future.

The Guidance Document can be downloaded here.

For more information, visit www.rspo.org 

About RSPO:
The Roundtable on Sustainable Palm Oil (RSPO) is a global partnership to make palm oil sustainable. Formed in 2004, the RSPO is a multi-stakeholder non-profit organisation that unites members from across the palm oil value chain, including oil palm producers, palm oil processors and traders, consumer goods manufacturers, retailers, banks and investors, environmental or nature conservation non-governmental organisations (NGOs), and social or developmental NGOs.

As a partnership for progress and positive impact, the RSPO facilitates global change to make the production and consumption of palm oil sustainable. To inspire change, we communicate the environmental and social benefits. To make progress, we catalyse collaboration. To provide assurance, we set the standards of certification.

The RSPO is registered as an international association in Zurich, Switzerland, with main offices in Malaysia and Indonesia, and offices in China, Colombia, Netherlands, United Kingdom and the United States. 

About PwC:
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at www.pwc.com

1

IFRS Foundation, ISSB Podcast February 2025

 

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SOURCE Roundtable On Sustainable Palm Oil

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Nordic Capital announces agreement to sell ArisGlobal to Dassault Systèmes, following its transformation into a scaled and AI-enabled life sciences platform

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WALTHAM, Mass., 23 July 2026 /PRNewswire/ — Nordic Capital today announced that it has entered into a definitive agreement to sell ArisGlobal, a leading provider of software to the life sciences industry, to Dassault Systèmes (Euronext Paris: FR0014003TT8) (Paris: DSY.PA). The transaction represents a full exit for Nordic Capital and marks the successful culmination of a partnership that has transformed ArisGlobal into a scaled, cloud-native and AI-enabled platform serving more than 200 life sciences companies, CROs and government health authorities worldwide.

Founded in 1989 and headquartered in Waltham, Massachusetts, ArisGlobal develops and delivers regulatory, safety, and quality software to a global client base that includes many of the world’s largest pharmaceutical and biotech organisations, as well as regulatory authorities. Its flagship LifeSphere® platform is a fully integrated, cloud-native suite that enables life sciences organisations to manage complex regulatory submissions, pharmacovigilance workflows and clinical data on a single platform, improving compliance, speed and operational efficiency. The platform also embeds advanced AI-enabled automation across core pharmacovigilance workflows, reducing manual processing and accelerating safety case management.

“Nordic Capital invested in ArisGlobal because the business had strong fundamentals, a loyal blue-chip client base and significant potential to modernise its technology and scale its commercial reach. Working closely with Aman and his team, Nordic Capital has supported the company’s transformation into a leading cloud-native platform for the life sciences industry with differentiated AI-enabled capabilities and a strengthened market position. Nordic Capital is proud of what has been achieved together with management and looks forward to seeing the company continue to grow under Dassault Systèmes ownership,” said Daniel Berglund, Partner and Head of Healthcare, Nordic Capital Advisors.

Nordic Capital first invested in ArisGlobal in 2019, partnering with the founding family and management team to pursue an ambitious development strategy. In 2021, Nordic Capital made a further investment in the company, reflecting its conviction in ArisGlobal’s growth potential and the progress achieved since the original partnership began. Throughout the ownership period, Nordic Capital worked closely with management to accelerate the SaaS transition, professionalise the go-to-market organisation, broaden the product offering and strengthen the leadership team.

The migration to a modern, cloud-native architecture created the foundation for ArisGlobal to become an early leader in the application of AI to drug safety. A key milestone was the development and launch of NavaX, ArisGlobal’s generative AI solution for safety case processing, which automates and accelerates core pharmacovigilance workflows and has been adopted by a number of the world’s leading pharmaceutical companies. NavaX has further differentiated ArisGlobal’s offering and marked an important step in the Company’s evolution into a broader, AI-enabled safety and regulatory software platform.

“The life sciences industry is at an inflection point as regulatory complexity is increasing, data volumes are growing and our clients need software that can keep pace. The partnership with Nordic Capital gave us the resources and the runway to build exactly that. NavaX and our expanded platform are the result of that ambition, and I am confident we are well placed for what comes next,” said Aman Wasan, CEO, ArisGlobal.

Alongside its technology transformation, ArisGlobal strengthened its management team and commercial organisation, while two strategic acquisitions broadened the Company’s platform capabilities. Today, ArisGlobal serves more than 200 enterprise customers, including half of the world’s top 50 biopharma companies, processes more than 12 million safety cases annually and is expected to generate approximately USD 175 million in revenue in 2026. As rising regulatory complexity and increasing volumes of adverse event reporting continue to drive demand for advanced life sciences software, ArisGlobal is well positioned for future growth through solutions that automate compliance workflows, reduce manual processing and enable organisations to manage regulatory risk more effectively.

The transaction brings together ArisGlobal’s leadership in AI-enabled safety and regulatory software with Dassault Systèmes’ capabilities across research, clinical development and manufacturing. Nordic Capital believes the combination represents a highly compelling strategic fit, pairing complementary capabilities to create a broader, end-to-end offering across the life sciences value chain. ArisGlobal will also benefit from Dassault Systèmes’ global scale, customer reach and investment capacity, providing a strong platform for its next phase of innovation and growth.

The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2026.

Evercore and Jefferies LLC acted as financial advisors to ArisGlobal and Kirkland & Ellis acted as legal advisor to ArisGlobal.

Media contacts:

Nordic Capital
Katarina Janerud
Communications Manager, Nordic Capital Advisors
+46 8 440 50 50
katarina.janerud@nordiccapital.com

ArisGlobal
Morgan Scott
Vice President, Marketing & Communications and Chief of Staff
mscott@arisglobal.com

About ArisGlobal

ArisGlobal is a leading provider of software to the life sciences industry. Its LifeSphere® platform delivers integrated regulatory, safety, and quality solutions to more than 200 life sciences companies, CROs and government health authorities worldwide. Founded in 1989 and headquartered in Waltham, Massachusetts, ArisGlobal combines deep domain expertise with advanced technology to help clients improve compliance, accelerate development cycles and manage regulatory complexity at global scale. For more information, visit www.arisglobal.com.

About Nordic Capital

Nordic Capital is a leading international private equity investor and subsector specialist dedicated to building stronger, more resilient businesses through transformative, long-term growth in partnership with management teams. With over 35 years of experience, Nordic Capital currently manages approximately EUR 39 billion in assets, investing in middle-market companies across Northern Europe and North America. Rooted in its Nordic heritage and values, it combines global reach with local presence through dedicated sector investment advisory teams, bringing deep expertise across its core sectors: Healthcare, Technology & Payments, Financial Services, and Services & Industrial Tech. Through active ownership, strong operational capabilities, a global network of experts and technology-enabled transformation, Nordic Capital helps companies scale, innovate and become sustainable leaders. For more information, visit www.nordiccapital.com or connect on LinkedIn.

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”.

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Cognizant and Gulf Edge Announce Strategic Partnership to Accelerate Enterprise AI Adoption in Southeast Asia

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Partnership combines Cognizant’s global AI engineering capabilities with Gulf Edge’s sovereign digital infrastructure to capture the region’s growing demand for secure, scalable AI solutions.

BANGKOK, July 23, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH), a leading AI builder and global technology services provider, and Gulf Edge Company Limited, the digital infrastructure arm of Thai energy and infrastructure conglomerate Gulf Development Public Company Limited (GULF) or Gulf Group, today announced a landmark strategic partnership. The alliance is designed to accelerate enterprise AI adoption and establish a resilient, AI-native digital economy in Thailand and the broader region.

As artificial intelligence (AI) rapidly reshapes industries, economies, and societies worldwide, the partnership aims to establish the foundational ecosystem needed to enable Thailand’s next phase of digital transformation. By combining trusted sovereign digital infrastructure with world-class AI engineering and enterprise transformation capabilities, Gulf Edge and Cognizant will help organizations deploy AI securely, responsibly, and at scale.

The collaboration brings together Gulf Edge’s leadership in digital infrastructure, energy, cloud, and strategic relationships across Thailand’s most important industries with Cognizant’s global expertise in AI, digital engineering, cloud modernization, data, and intelligent operations. Together, the two companies will deliver end-to-end AI capabilities spanning infrastructure, AI platforms, enterprise solutions, systems integration, and managed services.

The partnership will initially focus on accelerating AI adoption across key sectors including banking and financial services, energy and utilities, healthcare, telecommunications, manufacturing, and the public sector. Through industry-specific AI solutions, organizations will be able to improve operational efficiency, enhance customer experience, strengthen decision-making, automate complex business processes, and unlock new opportunities for innovation and growth.

Beyond enterprise transformation, Gulf Edge and Cognizant share a broader ambition of strengthening Thailand’s position as a regional AI hub. The partnership is expected to attract global technology expertise, stimulate investment in advanced digital capabilities, and create high-value employment opportunities across AI engineering, data science, cloud infrastructure, cybersecurity, and digital transformation. The two companies also plan to collaborate with universities, research institutions, technology partners, and public-sector organizations to develop AI talent, promote responsible AI adoption, and foster a sustainable innovation ecosystem for the country.

Mr. Sarath Ratanavadi, Chief Executive Officer, Gulf Development Public Company Limited, said, “Our partnership with Cognizant marks an important milestone in our vision of helping Thailand become an AI-native economy. By combining Gulf Edge’s strengths in digital infrastructure, energy, cloud, and deep understanding of the Thai market with Cognizant’s global expertise in enterprise AI, digital engineering, and transformation services, we are creating a comprehensive platform that enables organizations to adopt AI with confidence and generate measurable business outcomes. Together, we will develop secure, resilient, and future-ready sovereign digital infrastructure while delivering industry-specific AI solutions tailored to the needs of Thai enterprises and public institutions. We believe AI has the potential to transform every sector, creating new opportunities for productivity, innovation, and sustainable economic growth.”

Mr. Ganesh Ayyar, President of Asia Pacific & Japan (APJ), Cognizant, said, “As Thailand works toward its ambition of becoming an AI-native economy, we see this partnership as a meaningful way to help contribute to that vision, not just through the projects we deliver, but by building lasting AI and technology capability inside the country. With Gulf Edge’s market reach and Cognizant’s AI Builder strategy and global delivery capability, we are positioned to deliver transformative outcomes for Thai enterprises across every major sector.”

About Gulf Edge
Gulf Edge Company Limited is the digital infrastructure arm of Gulf Development Public Company Limited, Thailand’s leading energy and infrastructure conglomerate. Gulf Edge is building a robust digital ecosystem, spanning data centers, cloud services, satellite technology, and AI infrastructure, to accelerate Thailand’s digital transformation and position the country as a regional hub for the AI economy.

About Cognizant
Cognizant (NASDAQ: CTSH) is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for clients. Its deep industry, process, and engineering expertise enables it to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns, and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

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SOURCE Gulf Development Public Company Limited (GULF)

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