It is with great pleasure that we extend a cordial invitation to you for the launch edition of LOGMAT – The one and only Logistics & Material Handling Exhibition, a groundbreaking event set to revolutionize the industry landscape in Myanmar. This pioneering event is slated to take place from 16 – 18 May, 2024 at Yangon Convention Centre, Yangon. As the first of its kind in Myanmar, this exhibition promises to redefine industry standards and create a platform for collaboration, innovation, and growth.
LOGMAT is designed to bring together key players, innovators, and stakeholders in the logistics and material handling sectors. The exhibition floor will showcase live demonstrations and product launches, providing a firsthand experience with the most advanced equipment and solutions in the field.
Myanmar is an emerging market with a growing economy, making it the perfect host for LOGMAT. Freight And Logistics Market size is estimated at USD 6.57 billion in 2023, and is expected to reach USD 11.05 billion by 2028, growing at a CAGR of 10.96%
Myanmar’s location has a special significance in the Asia-Pacific region, connecting the two major economies of China, India and acts like a continental bridge connecting the regions of South Asia, East Asia, and Southeast Asia.
As the demand for material handling, storage, supply chain & logistics services are growing, many companies are adding these kinds of services to their existing business portfolio rather than going for an outsourcing service.
Progress in VOSTRO account trade discussions with INR will enable trade settlement between India and Myanmar in Indian Rupees, presenting exhibitors with an opportunity to expand their business opportunities.
Participating in LOGMAT in Myanmar can offer several benefits for companies looking to expand their business, establish partnerships, and explore new opportunities in the region. Here are some reasons why participating in B2B trade fairs in Myanmar can be advantageous:
Trade fairs provide an opportunity to explore the market in Myanmar, understand local business practices, and gain insights into consumer preferences. This firsthand experience can be invaluable in making informed business decisions.
Myanmar has been experiencing economic growth, attracting interest from various industries, including logistics and supply chain. The growth of the manufacturing and trade sectors contributes to the demand for efficient logistics and material handling solutions.
International trade partnerships and agreements influencing the material handling industry by opening up opportunities for technology transfer, investments, and the exchange of best practices.
The country has been investing in infrastructure development, including transportation and logistics infrastructure. Projects such as the construction of new roads, ports, and airports aim to improve connectivity and facilitate smoother movement of goods.
The country has been investing in infrastructure development, including transportation and logistics infrastructure. Projects such as the construction of new roads, ports, and airports aim to improve connectivity and facilitate smoother movement of goods.
The adoption of modern technologies, such as automated material handling systems, RFID tracking, and warehouse management software, is likely to increase as industries seek to enhance efficiency and reduce operational costs.
With the rise of e-commerce in the region, there is an increasing demand for efficient last-mile delivery and warehousing solutions. Companies involved in logistics and supply chain services are adapting to meet the needs of the growing e-commerce sector.