Saudi Arabia Logistics & Warehousing Market Outlook to 2020- Expanding Industrial and Retail Activities Supported by Infrastructure Spending to Support Growth” which provides a comprehensive analysis of the Logistics & Warehousing market in Saudi Arabia. The report covers various aspects such as overall size of Saudi Arabia logistics & warehousing, freight forwarding, warehousing, cold chain, 3PL, express market in terms of value, segmentation on the basis of service mix, by geography and by type of industries. The report also covers value chain analysis for logistics & warehousing market, comparative analysis of Saudi Arabia logistics market with GCC and global logistics market. The report also covers the competitive landscape of the industry and comprehensive profile of leading and emerging players operating in the market.
The report includes future outlook and projections of the Saudi Arabia logistics & warehousing market, freight forwarding market, cold chain market, warehousing market, 3 PL market and express logistics market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report. The report also serves as a benchmark for every new player which is seeking to enter into logistics & warehousing market in Saudi Arabia to understand what should be the focus and USP.
The logistics market encompasses of freight forwarding, warehousing and value added services provided by domestic and international players. Market has witnessed a robust growth rate in past few years owing to the increase in the export and imports of the kingdom and expanding e-commerce industry. The logistics & warehousing market has increased at a CAGR of ~ % during 2010 to 2015. The market has increased from USD ~ billion in2010 to 17.9 billion in 2015. Rising industrial activities, increasing retail and manufacturing output have also driven the demand of logistics & warehousing services. Moreover, improving road infrastructure, rise in government support in the form of incentives and subsidies, improving corporate working environment due to large availability of expatriate workforce has also accelerated the size of the industry. Freight forwarding is the major contributor in the revenues of the industry contributing the percentage share of ~% in 2015, followed by warehousing (~ %) and value added services (~ %) in 2015.
Saudi Arabia Freight Forwarding Market
The market has increased from USD ~ billion in 2010 to USD ~ billion in 2015. Expanding industrial activities, rising demand of online shopping, increasing value of import & export has driven the demand of freight forwarding industry in the country. Sea freight movement has majorly dominated the market of Logistics in Saudi Arabia with the share of ~% in 2015, followed by air freight (~ %) and land freight (~ %). The dominating countries in the segment are DB Schenker, Aramex, DHL, Panalpina, UPS, Almajdouie group and others.
Saudi Arabia Warehousing Market
Saudi Arabia warehousing market has increased from USD ~ billion in 2010 to USD ~ billion in 2015, growing at a CAGR of ~% during the period. The expansion in the manufacturing and retail industry in the country has encouraged several multinational companies across different sectors to enter in the kingdom. This has increased the number of manufacturing plants which in turn has surged the demand for warehouses in the country to store the raw materials and finished goods. Industrial/Retail sector is the largest contributor in the segmentation of warehousing industry in terms of business model. Industrial & retail sector has contributed a share of ~% in terms of revenues in 2015 followed by container freight and cold storage. By geography, Riyadh has contributed majorly in the revenues of the warehousing industry due to its location in the country.
Saudi Arabia 3PL Market
Third party logistics has witnessed a robust growth in the past few years in Saudi Arabia. The market is growing at a CAGR of ~% during 2010-2015. Third-party logistics (3PL) outsourcing is rapidly gaining importance as more corporations across the world are unable to manage their complex supply chains and hence are outsourcing logistics activities to the 3PL service providers. The dominating countries in the segment are Agility, Wared Logistics, Binzagr group, TNT group and others.
Saudi Arabia Express Logistics Market
The market has grown from USD ~ billion in 2010 to ~billion in 2015. The rising prominence of online shopping has attributed to the increasing demand for express delivery, especially by B2C segments in past few years in the kingdom. Air express has dominated the market of Saudi Arabia express logistics in 2015. In terms of B2B and B2C clients, B2B has dominated the market of express logistics in 2015 in terms of revenues with the share of ~%. The dominating countries in the segment are Fed Ex, Aramex, DHL, Agility, UPS, Almajdouie group and others.
Saudi Arabia Cold Chain Logistics Market
The Saudi Arabia cold chain market has grown from USD ~ billion in 2010 to ~ billion in 2015. This growth was due to the increasing contribution from the fruits and vegetables production which grew at a healthy growth rate coupled with the active participation by the pharmaceutical industry which has also registered substantial growth in the kingdom. The cold chain logistics has been largely dominated by cold storage which has contributed the largest share of ~% in the overall cold chain market during 2015. Cold transport has contributed a share of ~% in terms of revenues in 2015. Meat & sea food has contributed ~% in terms of revenues in overall market of cold chain.
Future Potential
Saudi Arabia logistics market is expected to increase at a CAGR of ~% during 2016 to 2020 to reach at USD ~ billion by 2020. Freight forwarding services will majorly contribute in the overall market of logistics with the share of ~% in 2020. This incline in share of the freight forwarding market will be on the account of various expansion projects. Warehousing industry will contribute a market share of ~% in terms of revenue in 2020.
Key Topics Covered in the Report:
Comparative Analysis of Saudi Arabia Logistics market with GCC Logistics Market
Logistics Infrastructure in Saudi Arabia Logistics Market
Value Chain Analysis for Saudi Arabia Logistics Market
Saudi Arabia logistics & Warehousing market size
Saudi Arabia logistics & Warehousing industry Segmentation (By service mix, normal & express delivery, be geography)
Saudi Arabia Freight Forwarding Market Size
Saudi Arabia Freight Forwarding Market Segmentation (by freight movement, by international & domestic freight forwarding, major sea flow corridors)
Competitive landscape for Saudi Arabia freight forwarding Market
Saudi Arabia Freight forwarding Market future outlook
Saudi Arabia Warehousing Market Size
Saudi Arabia Warehousing Market Segmentation (By business model, by industry, by geography)
Competitive landscape for Saudi Arabia Warehousing Market
Saudi Arabia Warehousing Market future outlook
Saudi Arabia 3PL Market Size
Competitive landscape for Saudi Arabia 3PL Market
Saudi Arabia 3PL Market future outlook
Saudi Arabia Express logistics Market Size
Competitive landscape for Saudi Arabia Express logistics Market
Cold chain Industry Size
Market Share 3PL Logistics Companies
International Freight Forwarding Market
Domestic Freight Forwarding Saudi Arabia
Cold Transport Market
Cold Storage Industry Growth
Third Party Cold Storage Service Providers
For more information about the publication, refer to below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
