Expo 2020, the marquee event for Dubai in UAE has been postponed to 2021. The world expo originally scheduled to happen October 2020, has now been postponed to October 2021 due to the pandemic situation in the Emirates and the Gulf.
The Dubai Logistics sector was one of the least hit by the disruption in global supply chain due to a mixture of foresight, innovation and investment in futuristic technologies. Dubai’s E-Commerce trade zone ensured ease of doing business and running of streamlined operations.
E-Commerce transactions reached a new peak due to the lockdown restrictions issued in the country, with daily usage items, medicines, FMCG goods, retail items being ordered online.
Strategic Geographic Location: UAE’s strategic geographical location has elevated the country’s status as a multi-modal transit and re-export hub in Middle East. It lies on the transcontinental route which enables huge freight volume at UAE airports and seaports. The country is a transshipment hub for Europe, China, India, Japan, USA and Middle Eastern Countries such as Oman, Qatar, Saudi Arabia, Kuwait and Bahrain.
Logistics Infrastructure: With a well defined multi-modal transport infrastructure, the UAE has world class facilities in terms of roads, airports, sea ports, telecommunications and a growing rail network. In the Global Competitive Index prepared by the World Economic Forum, the country was ranked number 1 on Road Quality Index, 3rd on Airport Infrastructure, 4th on Sea Port Infrastructure Quality Index and 4th on 4th on the basis of Quality of Infrastructure. Dubai’s Jebel Ali Port is ranked the 9th biggest sea 10 port globally, and has a handling capacity of 22.4 million TEUs.
E-Commerce Segment Growth: Increasing mobile and internet penetration, consumer demographics of population of UAE and huge dependence on international trade has fostered the growth of e-commerce market. Given the pandemic situation, the scope of E-Commerce and online selling grew with people not looking to move outside due to the lockdowns. Hence, delivery services and e-commerce logistics were given a huge push due to the pandemic situation.
Analysts at Ken Research in their latest publication “Competition Benchmarking of Top Logistics Players in UAE in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics“ observed that the UAE logistics space is growing on the back of the strong transport infrastructure in the country, the favorable geographical position of the UAE, ease of doing business in the UAE as well as the import-dependent nature of the country for major sectors such as Retail. The UAE Logistics space grew at a CAGR of 3.8% from the year 2015 to 2018, with the Express segment growing the fastest during the period.
Key Target Audience:-
3PL Logistics Companies
Integrated Logistics Companies
Oil & Gas Companies
Logistics/Supply Chain Industry Associations
Time Period Captured in the Report:-
Historical: 2015 to 2019
Future: 2019 to 2025
Kuehne + Nagel
Zajel Courier Services
Hellmann Worldwide Logistics
Gulf Agency Company
Avalon General Land Transport
GSL (Global Shipping and Logistics)
Al Mujarad Transport
For More Information on the research report, refer to below link:-
Philippines Logistics Market Outlook to 2024– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)
Ankur Gupta, Head Marketing & Communications