Tuesday, October 15, 2019

Egypt’s Logistics and Warehousing Market Sees Steady Growth Driven by Massive Infrastructure Investment, Increasing FDI, Entry of New Players, and Increase in Foreign Trade: Ken Research

“In order to improve the situation of the economy post the Egyptian crisis, the government is focusing to invest in the logistics and transportation infrastructure, and Free Zones to aid growth in the logistics industry.”
Analysts at Ken Research in their latest publication titled Egypt Logistics and Warehousing Market Outlook to 2025 –driven by Massive Infrastructure Development and Increase in Foreign Trade” believe that the country’s strategic location, improving economy and industrial growth, coupled with investments for the development of ports and road network and efforts to attract FDI in the country will drive the growth of the market in the future.
Egypt Logistics and Warehousing Market
Strategic Location: Having coasts on both the Mediterranean and Red Seas, as well as being part of both Africa and Asia makes Egypt an important transshipment hub in the world. The Suez Canal, which was recently expanded to accommodate double the number of vessels transports 7.5% of the world’s ocean freight and is the fastest route from East to West and vice-versa
Infrastructure Development: Since the new government came into power, Egypt has seen huge infrastructure projects being undertaken. The National Roads Project, expected to be completed by 2020, has already added 5,000 km of new roads in the country. Upon completion, the new roads will constitute 20% of the total road network in Egypt. Expansion of seaports and adding logistics areas in the ports also are driving the growth in the market.
Dominance of Third-Party Logistics:  In Egypt, almost all foreign logistics providers follow an asset-light model and provide 3PL services by partnering with the local freight forwarders and warehousing companies. This grants them access to the entire market, as well as saves costs by allowing them to not invest in their own fleet and warehouses. This proves beneficial to both domestic and international companies.
E-Commerce Boom: The e-commerce industry in Egypt is witnessing exponential growth due to the rising middle class population, rising disposable income, and the presence of major e-commerce players like Jumia and Souq. The growth in the e-commerce industry is expected to substantially help boost the CEP market.
Increasing Foreign Trade: Egypt’s increasing foreign trade is helping the growth of the logistics industry. The Free Zones in the country set up with the aim of increasing exports, exported goods worth USD 6 billion in the first quarter of 2019 alone.
Key Segments Covered:-
Egypt Freight Forwarding Market
By Mode of Freight (Revenue)
Sea Freight
Air Freight
Road Freight
By Type of Freight (Revenue)
International Freight
Domestic Freight
By Flow Corridors (Revenue, Volume of Trade)
Asia
Europe
Middle East
North America
Others
By Integrated and Contract (Revenue)
Contract Freight Forwarding
Integrated Freight Forwarding
By Type of Company (Revenue)
International Companies
Domestic Companies
Warehousing Market
By Business Model (Revenue)
Industrial/Retail
ICD/CFS
Cold Storage
By Type of Storage Space (Area)
Open Yard
Closed Normal
Temperature Controlled
Cold Storage
By End Users (Revenue)
Consumer and Retail
Food and Beverages
Healthcare
Automotive
Others
By Contract and Integrated (Revenue)
Contract
Integrated
Courier, Express, and Parcel Market
By International and Domestic CEP (Revenue)
International CEP
Domestic CEP
By Business Model (Revenue)
B2B
B2C
C2C
By Air and Ground CEP (Revenue)
Air CEP
Ground CEP
E-Commerce Logistics Market
By Delivery Time (Orders)
2 Day Delivery
3 Day Delivery
More Than 3 Day Delivery
By Mode of Payment (Orders)
Cash on Delivery
Online Payment
By Location (Orders)
Intra City
Inter City
Third Party Logistics (3PL) Market
By Type (Revenue)
Freight Forwarding
Warehousing
Companies Covered
DHL
Agility
Kuehne + Nagel
Aramex
DB Schenker
Customs Storage Company (CSC)
DSV Panalpina
FedEx-TNT
Expeditors
UPS
Nacita
Egypt Post
OCL Egypt
Logistica
Key Target Audience
Logistics Companies
Warehousing Companies
Freight Forwarding Companies
Express Logistics Companies
E-Commerce Logistics Companies
Consultancy Companies
E-Commerce Companies
Cold Chain Logistics Companies
Real Estate Companies/Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2025
Key Topics Covered in the Report:-
Egypt E-Commerce Logistics Market
Egypt E-Commerce Delivery Market
Egypt Freight Forwarding Companies
Egypt Express Delivery Companies
Egypt Outsourced Logistics Companies
Egypt Contract Freight Forwarding Market
Egypt Inland Container Depot Market
OCL Egypt Warehousing Market Analysis
Nacita Warehousing Market Growth
FedEx-TNT Egypt courier delivery Market
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

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