MFLP Mitsui Fudosan Logistics Park Inc. Development / Operation Track Record
3 -1. Market Overview
Market Overview 3
Rising demand on back of growth in e-commerce market scale
Expanding e-commerce Market Scale
Rise of e-commerce penetration
Trend in net shopping expenditures
Trend in percentage of households
engaged in net shopping
-FY2022
MFLP Mitsui Fudosan
Logistics Park Inc.
e-commerce operators: Increase in leased floor area,
share of leased floor area
(thousand m)
1,200
Related to mail order sales (%)
■Leased floor area related to mail order sales(thousand m)
(%)
(hundred million yen)
210,000
-E-commerce ratio(the whole world)
E-commerce ratio(USA)
180,000
E-commerce ratio(Japan)
Scale of E-commerce market
150,000
120,000
90,000
60,000
22.7
trillion yen (%)
(yen)
FY2022
26,000
56%
20
FY2019
54%
19.3%
24,000
52%
15
22,000
14.7%
50%
20,000
48%
10
18,000
46%
9.1%
16,000
44%
5
14,000
42%
12,000
40%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
0
(year)
Source: "E-Commerce Market Survey" by the Ministry of Economy, Trade and Industry
(Announced on August 31, 2023)
FY2019
Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Source: Ministry of Internal Affairs and Communications "Survey of Household Economy" "Monthly expenditures per household utilizing the Internet"
nationwide, stratified into districts and urban areas.(as of February 7, 2023)
* Amounts and percentages indicate the scale of B to C market in the e-commerce market.
the basis for the calculation of the e-commerce ratio is limited to merchandise sales.
Mounting demand due to 3PL
business and e-commerce market
size expansion
3PL Market: Stable Growth
(hundred million yen)
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
Net sales
4.2
trillion yen
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Source: Monthly Logistics Business (September 2023)
(year)
Broader demand for leading-edge
logistics facilities
Attracting demand from retailers for delivery
centers (Convenience Stores/Drug Stores)
Conventional
Manufacturing
Wholesaler
1,000
800
600
400
200
0
90
30
20
10
0
(year)
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Source: Japan Logistics Field Institute, Inc.
Expansion of the data center
market
Forecast of operational racks at hyperscale
(Units)
120,000
Avg. annual
growth rate
(2020-2025 years)
20.5%
data centers
24
Store
Consolidation of scattered logistics bases into a delivery center
After
consolidation
Manufacturing
Delivery center
241
90,000
Store
60,000
Integrating Logistics Bases of Manufacturers
Conventional
Warehouse for Transport
parts
Transport
Assembly plant
Warehouse
for end
products
Transport
After
consolidation
Consolidation of separately located
warehouses for parts, assembly plants
and warehouses for end products into
one base
MFLP
Transport
Retail stores
/Consumers
30,000
الاس
0
2019
2020
2021
2022
2023
2024
2025
(year)
Source: Fuji Chimera Research Institute, Inc.
'Overview of Data Center Business Market Research 2021 (Market section)'
(March 2021)
* 2019 is prospective data point; all data points for 2020 and beyond are forecasts)
41View entire presentation