Shift towards Non-Oil Sector: Saudi Arabia possesses around 17% of the world’s proven petroleum reserves. The oil and gas sector accounts for about 50% of gross domestic product, and about 70 % of export earnings. Non-oil manufacturing growth is facilitated by the launch of the National Industrial Development and Logistics Program (NIDLP) in Jan 2019 by KSA government who is willing to spent SAR 100 Billion during the 2019-2020 period Aiming to see the Kingdom’s non-oil revenue increase from SAR 163 billion in 2016 to SAR1 trillion by 2030
Impact of COVID on logistics Market: There is a shift in Consumer Purchasing Behavior from Traditional Hypermarkets, Supermarkets to Online Shopping for Grocery and Other Items. Company such as Bindawood and The Danube has introduced their own E-commerce platforms for online retailing along with traditional Supermarkets. This is expected to increase the scope and competition in the Last Mile Deliveries. Also, Healthcare logistics is flourishing with the need for more vaccines and Drugs in KSA.
Automation Providing Ease in Business: Saudi Arabian government has launched a Digital Export platform, Regional Platform for Re exports and Branched Distribution System (for Internal & Local Connectivity) that is expected to reduce the logistics cost by 14-27%, Import- Export time by 5 days and 100% customs permit digitization. They have even Introduced Electronic national system for import and export “Fasah” in clearance procedure, enabling companies to track and complete their clearance procedures electronically. Also, Saudi Customs in cooperation with “Tabadul”, “IBM Technical” and “Maersk Shipping Company” implemented Blockchain technology at major seaports to increase efficiency.
Rising Competition in KSA logistics Market: The companies in Saudi Arabia are competing on Price, Clientele, Industries catered, Services Offered, and more to win over their Clients. New Real estate companies and Investors are extending their business with their logistics arms, increasing competition for Existing players in the Market. Several foreign players such as Agility KSA is investing in logistics infrastructure to offer local & global merchants one-stop-shop access and link Saudi infrastructure to Agility’s regional warehousing & transportation network to facilitate trade throughout the region.
The report titled “ Competition Benchmarking of Top Logistics Players in KSA in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil, and Gas and Retail Logistics” by Ken Research suggested that the logistics market is further expected to grow in the near future with trucking and warehousing aggregators in the business. The companies are constantly updating their Technology with the support of the Government to reduce the congestion and waiting time on seaports and attract more FDI in Non-Oil sectors to remove the dependency on Oil Revenues. The Country is working towards self-reliance and reducing the Imports dependency from Major countries such as China, India and Others.
Key Target Audience: –
3PL Logistics Companies
Integrated Logistics Companies
E-Commerce Companies
Oil & Gas Companies
Retail Companies
Pharmaceutical Companies
Logistics/Supply Chain Industry Associations
Time Period Captured in the Report:
Historical: 2015 to 2019
Future: 2019 to 2025
Companies Mentioned:
Bahri logistics
Saudi Post
NAQEL Express
Kuehne Nagel
Almajdouie logistics
DHL Express
Fedex Express
Al Ayed Transport
SMSA Express
Tamer logistics
BAFCO shipping and Logistics
DB Schenker
Agility
JAS Worldwide
Kanoo Terminal Services
LSC warehousing and logistics
Hala Supply Chain
Namma Cargo
Wared logistics
Al Rashed transport
UPS
Kerry logistics
Mubarrad transport
Hellman logistics
OCSCL Shipping and Logistics
Al karsf
SMT logistics
Saudi Lana logistics
Fourwinds logistics
Takhzeen
NTF cargo
Alpha Cargo
GAC
Platinum Shipping and Logistics
Key Topics Covered in the Report: –
Saudi Arabia logistics Market size by Revenues
Saudi Arabia logistics Market Segmentation By type of Service (Freight Forwarding, warehousing, Courier, Express and parcel Market and Value added services) By Revenues
Market Segmentation by Modes of Freight (Including Domestic and International Cargo travelled for each Mode of freight, FTK travelled, Price per ton per kilometre)
Market size of Warehousing (Revenue, Total warehousing Space Average Occupancy, Revenues, Average Price per sqm per Month)
Warehousing Space by Type of Entity (Real estate companies, Logistics Companies, Captive Companies)
Warehousing Space by Type of Warehouses (Industrial/ Retail, Agricultural, Cold Storages, ICD/CFS)
Courier, Express and Parcel Market (Domestic/ International Revenues, Average Price per Domestic and International Shipments, Total Domestic/ International Shipments)
E commerce logistics Market size in Saudi Arabia
Top Companies dealing in each Service and Sub Service (Land freight, Sea freight, Air freight By Volume, warehousing companies by warehousing Space, Express companies by International/ Domestic Revenues)
Top Companies by revenues dealing in each Vertical (E commerce, Retail, Oil and Gas and Pharma logistics)
Market Share of Logistics Companies in KSA by Service Mix and By Each Industry Verticals
Competition Analysis of Major Logistics Players in KSA by Revenues
Competition Analysis of Major Logistics Players in KSA ( including Volume, Average warehousing Space, Fleets, Average Occupancy rate, Network, Client Retention, Industries catered, Services offered, Technology, Certifications, Strength)
For More Information On The Research Report, refer to below link: –
Future Of KSA Logistics industry
Related Reports by Ken Research: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
