Future Outlook of Oman Mattress Market: Ken Research

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What is the Size of Oman Mattress market? 

Oman Mattress market is growing at a CAGR of % in 2017-2022 and is expected to reach USD Bn by 2027. The mattress market in Oman has been experiencing significant growth in recent years, reflecting a mature and competitive industry. With increasing population and urbanization, leading to a higher demand for residential and commercial spaces. As more individuals and businesses set up homes and establishments, there is a growing need for mattresses, boosting market demand. Moreover, the increasing disposable income and improving standard of living in Oman have resulted in higher purchasing power among consumers.

As a result, there is a shift towards premium and more comfortable mattresses that offer better sleep experiences, including memory foam and orthopedic options. Additionally, advantage of the Oman Mattress market is the growing presence of international mattress brands and a diverse range of products available. These brands offer innovative and technologically advanced mattresses, catering to the evolving preferences of consumers seeking better sleep solutions. Therefore, the Oman Mattress market is witnessing notable growth, fueled by factors like population expansion, increasing disposable income, and a greater emphasis on sleep health.

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Oman Mattress market by end user

The Oman Mattress market is segmented by Household, Healthcare, Hospitality. In the Oman Mattress market, most dominant segment in the market is the household segment in 2022, this is due to the higher population of residential consumers who require mattresses for personal use in their homes.

As the population grows and urbanization continues, the demand for mattresses in households increases, making it the largest segment in the market. Therefore, the dominance of each segment can vary over time based on economic conditions, changes in consumer preferences, and developments in the healthcare and tourism sectors.

Oman Mattress market by type of mattress

The Oman Mattress market is segmented by type of mattresses into Innerspring, Memory Foam and Latex. Among these, Memory Foam is dominant mattress in 2022. Due to several reasons, Memory foam mattresses have gained immense popularity among consumers in recent years due to their unique features and benefits.

Additionally, Memory Foam mattresses often come with advanced features, such as motion isolation and hypoallergenic properties, making them suitable for various sleeping preferences and needs These attributes cater to a broad spectrum of consumers, further contributing to the dominance of Memory Foam mattresses in the Oman market.

Oman Mattress market by Region

The Oman Mattress market is segmented by Region into North, South, East, West.

In 2022, the region of north in Oman is known to manufacture a significant portion of mattresses and emerged as the dominant player in the Oman Mattress market, As the population in the North region grows and more individuals set up households or commercial establishments, the need for mattresses increases, contributing to potential market dominance.

Additionally, the North region of Oman is also home to a significant number of hospitality establishments, including hotels and resorts, which require a substantial supply of mattresses for their guest rooms. This demand from the hospitality industry further contributes to the potential dominance of the mattress market in the North region.

Competition Scenario in Oman Mattress market

The competition in the Oman Mattress market is intense, with a mix of domestic and international players compete for market share. Additionally, E-commerce and online retail platforms have also emerged as significant players in the Oman Mattress market.

With the increasing popularity of online shopping, consumers in Oman have access to a wide range of mattress options from both local and international brands. Moreover, to stay competitive, mattress manufacturers and retailers in Oman focus on product differentiation, marketing promotions, and providing excellent customer service. Many companies also emphasize the use of eco-friendly materials and sustainability in their mattress offerings to appeal to environmentally conscious consumers.

The Oman Mattress market is driving innovation, quality improvements, and customer-centric strategies, benefiting consumers with a diverse selection of mattresses to choose from.

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What is the Expected Future Outlook for the Overall Oman Mattress market      ?

The Oman Mattress market was valued at USD ~Million in 2022 and is anticipated to reach USD ~ Million by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. Oman, mattress market is growing faster, driven by various factors and ongoing innovations, as the steady growth of the residential and commercial construction sectors in Oman, is expected attract more demand for mattresses.

Additionally, the expanding hospitality and tourism sectors in Oman are expected to grow demand for mattresses in the hotel industry. As Oman attracts more tourists and business travelers, hotels and accommodations will require a steady supply of comfortable and high-quality mattresses to ensure a pleasant guest experience. As more homes, hotels, and other accommodation facilities are built or renovated, the need for mattresses to furnish these spaces will increase.

Furthermore, the growing urbanization and rising disposable incomes in Oman are likely to boost consumer spending on household items, including mattresses. Urban centers are expected to witness higher demand for mattresses due to the concentration of population and economic activities.

The shift towards online shopping and the rise of e-commerce platforms in Oman are also expected to influence the mattress market. Consumers are increasingly embracing the convenience of online purchasing, allowing them to access a wide range of mattress options from various brands and compare prices easily.

However, the Oman Mattress market also faces some challenges. The competition from both local and international manufacturers and retailers may lead to price sensitivity among consumers, putting pressure on profit margins.

Moreover, the economic conditions in the region, as well as fluctuations in oil prices, can impact consumer spending and overall market growth. Companies in the mattress industry need to be adaptable to changing economic conditions and consumer preferences to remain successful.

Therefore, overall Oman Mattress market is positive, driven by factors such as increasing awareness of sleep health, growth in the construction sector, urbanization, and the rise of e-commerce. To thrive in the future, mattress manufacturers and retailers should focus on innovation, product differentiation, and providing excellent customer experiences to meet the evolving needs of consumers in Oman's dynamic market.

Market Taxomony

By Product Type

• Innerspring
• Memory Foam
• Latex
• Alternating Pressure
• Gel
• Hybrid

By Size

• Single
• Double
• Queen-size
• King-size

By End User

• Household
• Healthcare
• Hospitality

By Distribution Channel

• Specialty Stores​
• Furniture Retailers​
• Owned Franchise Stores​
• Online
• Others

Major Players across the Oman Covered in the Report

• IKEA
• Sleep Ezze
• Raha
• Al Hosni Group International
• JLH Mattress
• Medical Mattress World
• Amazon

Time Period Captured

• Historical Period – 2017-2022
• Base Period – 2022
• Forecast Period – 2022 –2027

Key Factors Considered in the Report

• Oman Mattress market Overview
• Executive Summary
• Market size and Segmentation of the Oman Mattress market, 2017-2022
• The government regulation and Growth driver
• SWOT Analysis
• Government Regulations/Initiatives for Market
• Growth Drivers of the Oman Mattress market
• Issues and Challenges of the Oman Mattress market
• COVID-19 Impact on the Overall Oman Mattress market
• Future Market Forecast for Oman Mattress market and by Segments, 2022-2027
• Company Profiles of Oman Mattress market Players
• Analyst Recommendations

For More Insights On Market Intelligence, Refer to the Link Below: –

Oman Mattress market Outlook to 2027F

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Germany Mattress Market Outlook to 2027F

Nigeria Mattress Market Outlook to 2028F

Can Trulioo maintain its upward trajectory by 2028? : Ken Research

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Trulioo has emerged as a formidable player in cutting edge technologies and compliance expertise and providing groundbreaking advancements, making this franchise one of the largest in the US Identity Verification Market, projecting for a rise of 13% by 2028.

STORY OUTLINE

• A fully end to end solution provided by Trulioo, automates the entity verification process, making it easier and automatic for users.
• Trulioo enabled identity-documents check KYC to truly streamline the workflow.
• With technological advancements, integration and partnerships, Trulioo surges up the ladder.
• Flexibility and authenticity added with secured workflow, enables Trulioo to grow more.

1.A fully end-to-end solution provided by Trulioo, automates the entity verification process, making it easier and automatic for users.

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• Due to the increasing money laundering and theft, Trulioo has enabled a fully end-to-end solution called Know-Your-Business (KYB) which automates traditional manual verification reducing the time taken for complete verification from weeks to minutes.
• With the generalization of KYB, Trulioo stated a growth of 587% since the year 2020, reducing and solving many problems regarding money laundering and other frauds.
• Trulioo also has AML(Anti-Money Laundering) Watchlist and ongoing sanctions screening, which cross checks both users and businesses against people who are politically exposed, with more than 6000 watchlists and over 20,000 adverse media sources.

According to Ken Research, Trulioo has much stronger and secure interface and algorithms, with advanced protocols like Artificial Intelligence and Machine Learning, with a broader network of industries and cases associated with it and a large number of watchlist, makes this one of the leading companies, soon to top every other company, with promising vision towards the future.

2.Trulioo enabled identity-documents check KYC to truly streamline the workflow.

• In order to fully streamline the process, along with KYB, Trulioo enabled the Know-Your-Customer (KYC) process, which checks the business’s valuable owners in the same process.
• Trulioo through this process offers over 500 integrated personal identifiable data sources, more than 11,000 identity document types and more than 5000 watchlists, making it one of the most diverse in workflow but secure in every way.
• Trulioo advances new methods, stating them in Money20/20, Amsterdam, where high delivery of performance, utilizing a global network of more than 440 data sources to verify customers quickly and provide a real time access to more than 10,000 verifiable ID documents, leading to a growth and increase in security.

3.With technological advancements, integration and partnerships, Trulioo surges up the ladder.

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• Trulioo has officially upgraded EmbedID, with a new document verification and biometric facial recognition features, negating any fraud or hacking and maintains regulatory compliances for SMBs (Small and Midsize Businesses), making people’s engagement increase.
• EmbedID has been preconfigured with identity verification market’s GlobalGateway API, which can be accessed by SMBs, reducing fraud in a large scale and meeting AML and KYC requirements, bringing in people’s trust and increase in people who want to participate more by securing their business.
• The introduction of Artificial Intelligence (AI) as a process, has simplified the workflow, as persons data are being checked with real time details and documents both, without much manual or man power to be used, making the market to grow rapidly.

4.Flexibility and authenticity added with secured workflow, enables Trulioo to grow more.

• Trulioo has started its advancements since the Covid-19 pandemic, when all types of vendors have shifted all towards digital transformation. Unlike other players, Trulioo follows a much more flexible workflow resulting in a proper verification of customers during onboarding, conduction of ongoing monitoring or complying toward many types of regulatory requirements, expanding its reach to many different industries.
• Trulioo offers a much more complex data encryption resulting in a more secure and robust interface, resulting in a build of trust for which people with broader business tend to trust the company resulting in an increase in the growth of the market.
• With complex AI and Machine Learning, assisted with consistent support from human teams to maintain the regularity and authenticity with ever upgrading of the features, Trulioo is going to cross the ladder of the US identity verification market.

CONCLUSION

Trulioo is truly one of the leading companies running the identity verification, with multiple processes and complex protocol, consisting of KYB and KYC, also with AI to help screen with proper target allocation and Machine Learning (ML) to adequately process the result. A proper authenticity makes it truly trustworthy to people and their engagement makes this company to grow. Northern America has its dominance in the US Identity Verification Market with major contributions from this company, which is rising every year.

Australia’s Logistics Market to grow at the rate of 4.6 % in the upcoming period between 2022-2026 owing to government policies such as Heavy Vehicle National Law alongside technological innovations such as Real-Time Tracking: Ken Research

 History of steady growth alongside a positive future forecast provides Australia’s logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research

1. The government of Australia is aiming to establish it as a Logistics Hub by huge investments in the infrastructure and designing National Freight and Supply Chain Strategy

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The government of Australia is aiming to establish it as a Logistics Hub by huge investments in the infrastructure and designing National Freight and Supply Chain Strategy. Initiatives like National Freight Data Hub and different training packages will help Australia government to achieve the economic growth targets by 2040. Initiatives such as heavy investments in Infrastructure development, Freight Movement Code and Protocol for Domestic Border Controls, Heavy Vehicle National Law and National Freight and Supply Chain Strategy are aimed at enhancing the already improved state of country’s Logistics Market.

2.“Integrating Technology to market’s growth prospects:” With the increasing technological innovations and advancements across the world, logistics sector in Australia is also getting benefitted.

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Technology options such as Real Time Tracking, Control Tower, smarter operations & greater service quality serve as a major benefit for Australia’s Logistics Market. A major benefit of technologies such as warehouse Management System is that) it further optimizes and accelerates key warehousing tasks by directing receiving, put-away, picking, packing, shipping and space utilization along optimized routes is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. All in all, technological innovations are anticipated to be inculcated deep into the logistics systems in Australia.

Major Players Mentioned in the Report:

Australia Logistics Market

• Lindsay
• Wiseway
• K&S Corporation
• Yusen Logistics

Australia Freight Market

• Agility
• DHL Express
• Nile Logistics
• GAC
• DSV

Australia warehousing Market

• Core Realty
• Mc Geez
• Cerno
• Comercial SA
• Bayly

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Year: 2021
• Forecast Period: 2022-2026

For more insights on market intelligence, refer to the link below: –

Australia Logistics Market 

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3 technology trends that will drive the Global E-learning markets to reach $ 400 Bn by 2027 says a report by Ken Research

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Global E-learning Market Ecosystem

Global E-learning Market is at a growing stage. It is a fragmented market with the presence of many e-learning companies. The e-learning market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized learning platform. Few major global e-learning players are Aptara, Inc, Adobe Systems Inc, Cornerstone, Citrix Education, Meridian Knowledge Solutions, Microsoft Corporation etc.

E-learning Global Service Provider Market

1.Mobile Learning Technologies are Growing at a Fast Pace

The mobile learning technology has witnessed faster adoption in the eLearning market with the increased use of smartphones. Many application-based knowledge platforms are being developed which allow smartphone users to gain insights into any topic in real-time. Some educational institutes and universities develop their own mobile-based applications that allow the students to log in to the student portal and get access to the missed lectures. A few prominent mobile applications currently in use in the corporate sectors are Udemy, Skill Pill, Design Jot, and Boost HQ. Furthermore, the developers in the market also offer a game-based application platform that is used for teaching children with the help of interactive animated videos and pictures. These technologies enable schools to enhance the logical & reasoning skills and IQ of their students.

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2.Increasing Use of VR and AR Applications to Create Lucrative Opportunities for the Global E-learning Market

Virtual reality technology facilitates deep learning by decreasing danger and immersing learners in a new setting. Because they provide practical answers, AR and VR technologies are increasingly being employed in the classroom. Virtual reality is being used to carry out complex procedures and handle high-risk situations. They cater to individual needs and assist students in developing a fully immersive learning experience. Immersive VR Education is a software company founded in 2014. They are best known for their ENGAGE platform that was specifically built for training and education based on virtual reality. Alchemy VR is another such platform which is one of the leaders in modern technological innovations in the realm of education.

3.Insight by Deployment Model in the e-learning space: Based on the deployment model, the cloud segment is leading the industry globally and is expected to register the fastest CAGR over the foreseen period. Cloud-based solutions are gaining remarkable traction in schools and universities due to their cost-effective and flexible training approaches for students. The cloud computing-based e-learning technology further enables educational institutions to build a virtual environment for learners and educators. Thus, cloud technology is majorly implemented in the education sector, which is expected to contribute towards high segmental growth. The public cloud deployment model works well with companies with little privacy concerns. Amazon Elastic Compute Cloud (Amazon EC2), AWS (Amazon Web Services), Microsoft Azure, IBM Cloud, Google Cloud, Salesforce Heroku are a few examples of public cloud deployments.

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Market Taxonomy

By Provider

• Content Provider
• Service Provider

By Deployment Model

• On-premise
• Cloud

By Course

• Primary and Secondary Education
• Higher Education
• Online Certification and Professional Course
• Test Preparation

By End User

• Academic
• Corporate
• Government

By Region

• North America
• Europe
• Asia-Pacific
• LAMEA

Key Target Audience 

• E-Learning Companies
• LMS Platforms
• Language Learning Platforms
• Institutes/Colleges
• Schools
• Investors
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report

• Historical Year: 2017-2022
• Base Year: 2022
• Forecast Period: 2022– 2027

Major Players Mentioned in the Report

• Adobe
• Aptara Inc.
• Articulate Global, LLC
• CERTPOINT
• Cisco Systems, Inc.
• Citrix Systems, Inc.
• D2L Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE

For More Insights On Market Intelligence, Refer to the Link Below: –

Global E-learning Market

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Egypt E-Learning Market Outlook to 2026- Driven by easy and on-demand access to content, self-paced learning opportunities and interactive & modular means of learning

Turkey E-Learning Technology and Content Market Outlook to 2023 - Growing Demand for M-Learning and Higher Use of Videos and Animation to Foster Market Growth

UAE Experiential Learning Market Outlook to 2025- Concentrated Activity Box and E-Learning Segment Paving Ways for International Players to Expand

Netherlands EV Equipment Market generated over USD 500 Mn in 2022. Will Netherland support the EV Equipment Market growth trajectory? Ken Research

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Electric Vehicle Equipment Market in Netherlands is a moderately consolidated with highly competitive rivalry among the competitors. Netherlands EV Charging Equipment industry is catered by the domestic and international players. Allego and EV Box together contribute majority of the market share in 2022. CPO’s are battling against each other to offer multiple products, expand manufacturing units in multiple locations.

1.Tesla and Volkswagen OEM has the highest number of car registrations of 97,255 followed by Audi with 17,911 passenger cars registered in 2022.

• Netherlands has become Tesla’s biggest market in Europe as Tesla model 3 and Tesla model S are among Europe’s best-selling electric vehicle models, both in terms of vehicles in operation and new car registrations. The major reason is higher tax benefit on BEV passenger cars and wide charging network of Tesla for Electric vehicle in Netherlands.
• Volkswagen has shift its focus to electric cars only, from 2033 the company will only produce electric cars in Europe. Top sold Models for Electric cars are Volkswagen’s new ID.3 model and Volkswagen Golf in Netherlands.

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 2.EV Charging Equipment market is one of the fastest growing markets in the Netherlands with rising players owing to the government policy to make all new vehicles zero emission by 2030

• In 2010 the Netherlands was the first market in the world to launch mass-produced e-vehicles and Formula E-Team became operational.
• The Formula E-Team continues in this umbrella deal with the aim of having 15,000 to 20,000 e-cars in operation by 2015, including a properly functioning infrastructure with sufficient national coverage.
• Major challenges include high costs for installation & maintenance and less EV drivers in comparison to Electric vehicle infrastructure.

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Market Taxonomy

By Type of Electric Vehicles Vehicle

• 4W
• 2W

By Application

• Public Charging Station
• Home Chargers
• Private Charging Station
• Portable Chargers

By Types of Chargers

• AC Charger- Slow Charger
• DC Charger- Fast Charger

By Type of Charging station

• Private Charging Stations
• Public Charging stations
• Semi-Public Charging Stations
• Fast Charging station

By Application

• 4W

By Geographic Demand

• west
• South
• East
• North

By distribution channels for 4W chargers

• Tender
• Distributors
• Direct sales

Major Players Mentioned in the Report:

• Vattenfall
• Total Energies
• Alfen
• Allego
• Fastned
• New Motion
• Tritium
• EVIT

Key Target Audience

• Electricity Supplier
• EV Manufacturers
• EV Charging Equipment Manufacturers
• EV Charging System Operator
• Demand side Transport Operators
• Government Bodies

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Period: 2022
• Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

Netherlands EV Charging Equipment Market Outlook to 2027

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The Middle East Catering Services Market was valued at USD 2.7 Bn in 2021. Will Middle East continue to support Catering market players domestically and internationally in future? : Ken Research

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The Middle East catering market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the Middle East. Top players such as Shaqab, Zad, Amwaj, Qatar Caterers and Contractors in Middle East Catering Market hold major market share. The market is largely driven by rising demand for healthier fresh food and international cuisine and rising culture of on-site catering.

1.Incline towards healthy food and beverages is now a major trend among the masses in Middle East.

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The Middle East catering market is a diverse and rapidly evolving industry, with several trends shaping its growth and development. One of the most significant trends in the Middle East catering market is the increasing demand for healthy and sustainable food options.

As people in the Middle East become more health-conscious, there has been a growing preference for fresh and healthy foods that are made with locally sourced, organic ingredients. Caterers are responding to this trend by incorporating more fresh fruits and vegetables, whole grains, and lean proteins into their menus.

2.Middle East Inflight Catering Market Trends

Currently, full-service carriers are dominating the inflight catering market, and though their market growth rate is lower than that of low-cost carriers, they are expected to continue dominating the market. On account of the rising competition and the lower operating costs, due to the reduction in oil prices, full-service airlines have been rapidly upgrading their inflight catering, along with aircraft interior and services. This has freed up a lot of liquidity with the carriers. There are many FSCs in the Middle East that are known for providing the best passenger amenities. They are Qatar Airways, Singapore Airlines, ANA All Nippon Airways, Cathay among others. Few airlines have started providing customized menus and onboard chefs to better serve the business and first-class passengers. The growing full-service carrier routes and new partnerships of the airlines with local restaurants in these regions are the major factors that are likely to support the growth of the segment during the forecast period.

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Market Taxonomy

By Services Type

• Contractual
• Non-Contractual

By End-Users

• Healthcare
• Corporates
• Education
• Hospitality
• Industrial
• In-flight
• Others

By Region

• Bahrain
• Kuwait
• Oman
• Qatar
• Saudi Arabia
• United Arab Emirates
• Yemen

By Basis of Applications

• Wedding Catering
• Corporate Catering
• Social Events Catering
• Others

Key Target Audience

• Airline Catering Companies
• Fine Dining Caterers
• School Caterers
• Hotels
• Industrial Caterers
• Government Bodies
• Facility Management Companies
• Industries
• Schools
• Hospitals

Time Period Captured in the Report:

• Historical Year: 2017-2022
• Base Year: 2022
• Forecast Period: 2022– 2027

Major Players Mentioned in the Report:

• Qatar Aircraft Catering Company (QACC)
• Integral Food Services
• Shaqab
• Qatar Star Services
• Yemek Doha
• Sodexo Teyseer
• Newrest Gulf
• Tamimi Group
• Compass Group
• PDC Tamween
• Zad Catering Services
• Amwaj
• Crompton Catering
• Food Services Company

For More Insights On Market Intelligence, Refer to the Link Below: –

Middle East Catering Market Outlook to 2027

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Warehousing space in Riyadh has grown into 16 Mn sqm in 2022. Registering a growth rate of 6%. Will KSA continue to support the warehousing market in future? : Ken Research

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Saudi Arabia warehousing market is highly fragmented with many organized and unorganized small players concentrated in major cities like Riyadh, Jeddah and Dammam. Some of the top players are LSC Logistics, Agility Logistics, Almajdouie Logistics.

 1.Increasing Cold Chain Capacity in KSA

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Other important elements that have fueled the expansion of cold storage facilities and cold storage logistics in Saudi Arabia include the adoption of advanced technologies like automation and WMS (warehouse management systems) to improve functionality and efficiency

Latest acquisitions and partnerships in Cold chain sector

Saudia Cargo has added Tower Cold Chain to its approved roster of temperature-controlled containers for shipping pharmaceutical, biotech and life science products, in a new global rental agreement. The deal reinforces Saudia Cargo's commitment to having the broadest possible selection of cold chain products (both in terms of cargo size and temperature requirements) to serve the growing requirements of pharmaceutical customers from around the world. A key benefit of Tower Cold Chain's technology is its reliability in maintaining product integrity without the need of electricity even in extreme heat, meaning that a robust solution is required to prevent temperature excursions.

2.Saudi Arabia warehousing market is moving towards real estate Investments with logistic companies promoting partnerships

Organized Warehousing Supply

Saudi Arabia has large no. of organized warehouses with 15.4 Mn sqm warehousing space in Riyadh and 12.3 Mn sqm in Jeddah.

Space Moving Towards Consolidation

Unorganized sector cannot compete with the huge investments and tech advancements and is losing business.

MNCs Driving Competition in the Sector

MNCs adhere to strict global standards of quality in providing warehousing services, which is driving Saudi Arabia companies to follow the same.

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KSA Warehousing Market Segmentation

By Ownership

• Owned
• 3PL

By City

• Riyadh
• Jeddah
• Others including Damam and more

By End-Users

• Consumer Retail
• Food and Beverages
• Healthcare
• Automotive
• Others

By Business Model         

• Industrial/Retail Warehouses
• CFS/ICD Warehouses
• Cold Storage
• Agriculture and Other Warehouses

Major Players Mentioned in the Report:

• LSC Logistics
• Agility Logistics+DSV
• Almajdouie Logistics
• Mosanada Logistics
• Tamer Logistics
• BAFCO International Logistics and Shipping Co.
• Hala Supply Chain
• United Warehousing Co.
• Wared Logistics
• Kanoo Terminal
• Logipoint
• DHL Global Forwarding
• GAC

Key Target Audience

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

Saudi Arabia Warehousing Market Outlook to 2027

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Shell vs. Kroon Oil - Who Reigns Supreme in the Dutch Lubricants Market? : Ken Research

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Storyline

• Shell, a globally recognized brand with a century-long presence in the Netherlands, offers premium lubricants for diverse applications worldwide. Their extensive product range serves various industries, showcasing their commitment to excellence.
• Kroon Oil, with a regional focus primarily in Europe, excels in specific markets, providing specialized lubricant solutions.
• The choice between Shell and Kroon Oil depends on industry requirements, geographical preferences, and the need for a global brand or regional expertise in lubricant offerings.

Introduction

In the competitive landscape of the lubricant industry, Shell and Kroon Oil stand out as prominent players. Their differences in brand recognition, market presence, product range, research and development, global reach, and sustainability initiatives create an intriguing comparison. Let's delve into their unique qualities and discover which company shines brighter in the Netherlands' lubricant space.

Shell and Kroon Oil are both prominent players in the lubricant industry, but they differ in several aspects:

1.Brand Recognition

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Shell founded its first laboratory in Amsterdam, the Netherlands, in 1914. In 2022, over a century later, we opened our Energy Transition Campus Amsterdam, formerly the Shell Technology Centre Amsterdam.

For over 100 years, we have been focusing exclusively on the development and manufacture of premium lubricants. Whatever the application for which you require a product, we will have it. Apart from products for road traffic, agriculture, industry, bicycles and shipping, we offer various specialties.

Shell is a globally renowned and highly recognized brand, while Kroon Oil has a more regional presence primarily focused in Europe. Shell's brand awareness and reputation give it a wider reach and customer base compared to Kroon Oil.

2.Market Presence

Shell operates in numerous countries worldwide, serving a broad range of industries, including automotive, aviation, and industrial sectors. Kroon Oil, on the other hand, primarily focuses on the European market, catering to sectors such as automotive, agriculture, and marine industries.

3.Product Range

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Shell offers an extensive portfolio of lubricants, including synthetic, semi-synthetic, and conventional lubricants for various applications. They provide specialized lubricants for high-performance engines and advanced machinery. Kroon Oil also offers a diverse range of lubricants, including engine oils, transmission fluids, and hydraulic oils, but their product line might be comparatively smaller than Shell's.

4.Research and Development

Shell invests significantly in research and development, constantly innovating and improving their lubricant formulations to meet the evolving needs of their customers. They have dedicated laboratories and partnerships with leading research institutions. While Kroon Oil also focuses on product development, their research and development efforts might be relatively smaller in scale.

5.Sustainability and Environmental Initiatives

Shell has made notable commitments towards sustainability, including reducing carbon emissions and developing more environmentally friendly lubricants. They actively engage in eco-friendly practices and initiatives. Kroon Oil also emphasizes sustainability and has initiatives to produce environmentally conscious lubricants, but their global impact might be comparatively smaller.

Conclusion

Ultimately, while Shell is a well-established global player with a wide range of lubricants and a strong presence across industries, Kroon Oil has a more regional focus and may excel in catering to specific European markets. The choice between the two would depend on specific industry requirements, geographical location, and customer preferences.

Australia Freight Forwarding Market to grow at the rate of 9.8% in the upcoming period between 2022-2026 owing to government policies such as the Multimodal Freight Logistics Hub alongside technological innovations such as efficient freight matching: Ken Research

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History of steady growth alongside a positive future forecast provides Australia logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research

1.Government policies to be the backbone of Market development in Australia’s Freight Forwarding Market

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The government of Australia has planned to Enhance productivity by investing in freight infrastructure, and delivering and improving key freight programs and projects, including the Restart NSW funding which has been made available for Fixing Country Roads (USD 543 Mn) and Fixing Country Rail (USD 400 Mn). Moreover, government policies are supporting the development of infrastructure. For instance, freight line from Melbourne to Brisbane will allow freight and container trucks to move across the state borders more efficiently. Freight line from Melbourne to Brisbane will allow freight and container trucks to move across the state borders more efficiently

2.Digital Truck aggregator platforms are reshaping the trucking industry in Australia by increasing operational efficiency, reducing costs & increasing profitability.

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Technology options such as Efficient Freight Matching, better profitability, smarter operations & greater service quality serve as a major benefit for Australia’s Logistics Market. A major benefit of Digital Truck Aggregator Platforms is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. Furthermore, digital Truck aggregator platforms are reshaping the trucking industry in Australia by increasing operational efficiency, reducing costs & increasing profitability.

Major Players Mentioned in the Report:

Australia Logistics Market

• Lindsay
• Wiseway
• K&S Corporation
• Yusen Logistics

Australia Freight Market

• Agility
• DHL Express
• Nile Logistics
• GAC
• DSV

Australia warehousing Market

• Core Realty
• Mc Geez
• Cerno
• Comercial SA
• Bayly

Key Target Audience

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Year: 2021
• Forecast Period: 2022-2026

For more insights on market intelligence, refer to the link below: –

Australia Logistics Market  to Outlook 2026

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USA Logistics Industry Outlook to 2026: “Driven by Government support, E-commerce demand and infrastructure investment in the country

Australia Logistics Market Outlook to 2025- Led by Growth in Road Freight Services and Rising demand for Cold Storage Space

Germany E-Commerce Logistics Market Outlook to 2026F- Driven by Rising Online Population, Technological Advancements and Demand for Sustainable Deliveries

Netherlands faces fuel crisis as cut off from Russian crude oil, losing 30% of imports. Can other sources meet total demand? : Ken Research

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 Storyline

1. Netherlands imports $86.7M in fuel/lubricant pumps, becoming the top global importer. Primary sources: UK, Germany, Slovakia, Italy, and the US.
2. Russian crude oil ban disrupts Dutch refineries, potentially reducing production. Refineries seek alternative crude sources and process adjustments.
3. Dutch heating oil prices volatile from 2000-2021. Record low of 564.2 euros/1000 liters in 2000, peaking at 1,168.6 euros/1000 liters in 2021 due to Russian-Ukraine conflict.

Introduction

The ban on importing Russian crude oil took effect on 5 December 2022, followed by a ban on importing Russian petroleum products such as diesel and Kerosene on 5 February 2023. Since December 2022, Russian crude oil has stopped entering the Netherlands, having accounted for 30% of crude oil imports in 2022 as a whole.

1.Diversification of Lubricant Oil Sources

In 2021, Netherlands imported $86.7M in Pumps dispensing fuel, lubricants in filling stations, becoming the 1st largest importer of Pumps dispensing fuel, lubricants in filling stations in the world.

 

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In 2021, Netherlands imported $86.7M in Pumps dispensing fuel, lubricants in filling stations, becoming the 1st largest importer of Pumps dispensing fuel, lubricants in filling stations in the world. At the same year, Pumps dispensing fuel, lubricants in filling stations was the 1092nd most imported product in Netherlands. Netherlands imports Pumps dispensing fuel, lubricants in filling stations primarily from: United Kingdom ($70.9M), Germany ($7.6M), Slovakia ($1.66M), Italy ($1.28M), and United States ($1M).

2."Refinery Rumble: How the Russian Crude Oil Ban Impacts Netherlands' Refineries"

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The Netherlands is home to several large oil refineries that process imported crude oil. The absence of Russian crude oil can affect the operations of these refineries, potentially leading to reduced production or operational adjustments. Refineries may need to adapt by sourcing different crude oil grades or making changes to their refining processes.

3.Heating Oil in the Crossfire: Russian-Ukraine Conflict Sparks Price Surge in heating oil and Market Turbulence in Netherlands

In 2021, the average price for heating oil reached 1,168.6 euros per thousand liters in the Netherlands. In the period of consideration, the average prices for heating oil in the Netherlands in euros per thousand liters were somewhat volatile from 2000 to 2021. The price peaked in 2021, and reached the record low of 564.2 euros per thousand liters in 2000.

4 trends driving the Netherlands Lubricants Market : Ken Research

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Storyline

• Dutch government's emphasis on high-tech manufacturing and industrial automation has spurred the demand for specialized lubricants in automotive, warehousing, and semiconductor sectors.
• The sale of used vehicles in the Netherlands has surged by 16%, reaching 1.33 Mn vehicles from 2017 to 2021, driving the need for aftermarket services, including lubricants.
• The rising popularity of ride-sharing mobility is projected to increase shared car numbers by 17.7% annually, reaching around 337,000 cars by 2030, resulting in a higher demand for lubricants due to increased wear and tear.

Introduction

Foreign Direct Investment (FDI) in the industrial sector has been on the rise, with various sub-sectors attracting significant attention. Among them, food processing, electronic components, and machinery manufacturing stand out as top sectors, requiring specialized lubricants. The Netherlands, known for its thriving food industry, has over 7,300 food companies generating a substantial USD 88 Bn in revenue in 2021.

1.Growing FDI in Industrial Sector

Total value of Foreign Direct Investments (FDI) in the Netherlands from 2015 to 2021.

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Top sub-sectors of FDI: Food processing, electronic components and machinery manufacturing, etc., requiring specialized lubricants. The FDI data reached an all-time high of 260.5 USD bn in Sep 2007 and a record low of -280.6 USD bn in Dec 2018. In the latest reports of Netherlands, Current Account recorded a surplus of 4.4 USD bn in Dec 2022.

Netherlands has 7,300+ food companies generating USD 88 Bn (2021).

As incoming FDI increases in electronic components, machinery manufacturing and food processing sectors, demand for lubricant automatically increases. As these industries require lubricants, therefore lubricant market expands.

2.Rise in Complex Manufacturing Capabilities

The High-Tech Top Sector is characterized by large multinationals such as Philips, ASML, NXP, Océ and Tata Steel and international collaboration with high-tech SMEs, universities and knowledge institutes such as the Holst Centre and the Embedded Systems Institute. The High-Tech Top Sector employs 452,000 FTE in the Netherlands, which represents 6.46% of the Dutch employment market. The sector encompasses different disciplines such as materials production, automotive and the high-tech manufacturing industry and is closely interwoven with the Logistics Top Sector and the Information and Communication Technologies (ICT) services industry.

High tech & complex manufacturing is the key focus of the Dutch government. In this, industrial automation in automotive, warehousing, semiconductors, etc., are becoming key users of hydraulic systems & fluids used at high temperatures and in automated machineries, like robotic arms, joints and hinges.

3.Rising Demand for Second Hand Cars

Number of second-hand passenger cars sold in the Netherlands in 2017 and 2018, by car model

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The sale of used vehicles in the Netherlands has experienced a remarkable growth trajectory in recent years, facilitated by the presence of popular classified portals like Ooyyo, Marktplaats, AutoScout24, and others. From 2017 to 2021, the number of used vehicles sold through these platforms witnessed a substantial 16% increase, reaching a significant milestone of 1.33 Mn vehicles.

This surge in the sale of used vehicles has created a ripple effect across the automotive industry, driving the demand for various aftermarket services, including lubricants. When purchasing a used vehicle, one of the key considerations for buyers is to ensure the optimal performance and longevity of the vehicle. This is where lubricants play a vital role.

4.Increasing Demand for Ride Sharing Mobility

The number of shared cars would grow by 17.7% yearly, from ~78,000 in 2021 to ~337,000 in 2030, generating revenue of USD 30 Mn by 2030. Average daily distance travelled by shared car is 93 Km, while private car travels 46 Km. This increases the need for constant change of lubricants due to higher wear & tear in shared cars.

Conclusion

With growing FDI in the industrial sector, the Netherlands sees a rising need for specialized lubricants in sub-sectors like food processing, electronics, and machinery manufacturing. The government's emphasis on high-tech manufacturing drives lubricant demand in industrial automation. The surge in used vehicle sales and the popularity of ride-sharing contribute to the expanding lubricant market. These trends position the Netherlands' lubricant industry for sustained growth and opportunities in the future.

Indonesia Car Rental Market, overview and genesis of the industry Outlook to 2027F : Ken Research

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What is the Size of Indonesia car rental Industry?

Indonesia Car Rental market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD  Bn by 2027F.

The Indonesia Car Rental Market is largely driven by expanding middle class, growing tourism sector, and the emergence of ride-hailing.

The expanding middle class and rising disposable income in the country is driving the demand for car rentals. As more individuals attain higher levels of income and financial stability, they seek convenient transportation options for various purposes, including business trips, family outings, and leisure activities. This increasing affluence translates into a higher propensity for individuals to rent vehicles, especially for short-term periods.

Furthermore, the emergence and development of ride-hailing services and shared mobility platforms have contributed to the growth of the car rental market. These platforms have gained immense popularity in Indonesia, providing on-demand transportation services to a large user base.

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Indonesia is a popular tourist destination, attracting millions of visitors each year. The growth in international and domestic tourism has increased the demand for rental cars as travelers prefer the convenience and flexibility of having their own transportation.

Rapid urbanization and improved infrastructure have made it easier for people to access car rental services, particularly in major cities like Jakarta, Bali, Surabaya, and Bandung.

Indonesia Car Rental Market by type of vechiles

• The Indonesia Car Rental market is segmented by type of vehicles into small cars/hatchbacks, Sedans, SUVs and others.
• The Small Cars/Hatchbacks are the dominant segment in the market in 2022.
• These vehicles are cost-effective, fuel-efficient, and well-suited for navigating congested urban areas. They are popular among both domestic and international travelers looking for affordable and practical transportation options. Additionally, small cars/hatchbacks generally offer better availability and a wider range of options compared to other segments.

Indonesia Car Rental MARKET by market structure

• The Indonesia Car Rental market is segmented by market structure into organized and unorganized market structure.
• Organized market structure is the dominant segment in the market in 2022.
• Organized car rental companies typically have established operations, professional services, standardized processes, and a wide range of vehicle options. They offer greater reliability, quality assurance, and customer support, making them preferred choices for both individual and corporate customers seeking a more structured and trustworthy car rental experience.

Indonesia Car Rental MARKET by ICE/EV

• The Indonesia Car Rental market is segmented by ICE/EV into
• ICE (Internal Combustion Engine) and
• Electric Vehicles.
• The internal Combustion engine segment in the dominant segment in the Indonesia Car rental market in 2022.
• This is because electric vehicles (EVs) are still relatively new and their infrastructure, such as charging stations, may not be as widespread or readily available in Indonesia compared to countries with more mature EV markets. However, it's important to note that the adoption of EVs is growing globally, and the dominance of segments may shift in the future.

Indonesia Car Rental MARKET by Mode of Booking

• The Indonesia Car Rental market is segmented by mode of booking into online and offline.
• Online booking dominates the Indonesia car rental market in terms of revenue in 2022 and is registers a significant growth in terms of revenue during the forecast period. The rise in the use of internet and mobile phone applications across the country is likely to enhance the use of online booking platforms.

Indonesia Car Rental MARKET by application

• The Indonesia Car Rental market is segmented by application into business and leisure.
• Leisure trips hold a significant market share in the Indonesia car rental market in 2022, due to the increasing number of tourist arrivals contributing to increasing the country’s GDP as well.

Indonesia Car Rental MARKET by Region

• The Indonesia Car Rental market is segmented by Region into Jakarta, Surabaya, Bali, Yogyakarta and Others.
• Jakarta hold the most dominant region in the Indonesia car rental market in 2022.
• Jakarta, as the capital city and a major economic hub, would be a dominant segment due to its large population, higher tourism activity, and business travel. Surabaya, Bali, and Yogyakarta are also popular tourist destinations. These regions also include popular tourist spots such as Bandung, Lombok, and Medan. The demand for car rentals in these areas is influenced by factors like tourism attractions, business activities, and transportation infrastructure, making them potential dominant segments in the market.

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Competition Scenario in Indonesia Car Rental Market

The competition scenario in the Indonesia car rental market is characterized by a mix of established car rental companies, regional players, and local operators. The market is relatively fragmented, with a wide range of options available to consumers. Established car rental companies and online aggregators dominate the organized segment, offering a diverse fleet of vehicles, competitive pricing, and convenient online booking platforms. These players often have nationwide or regional networks and cater to both individual and corporate customers.

However, the market also comprises numerous smaller, unorganized operators, especially in tourist destinations and local markets. These operators may offer more flexible pricing options but may have limitations in terms of fleet size, service quality, and consistency.

What is the Expected Future Outlook for the Overall Indonesia Car Rental Market?

The Indonesia Car Rental market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027F, witnessing a CAGR of ~% during the forecast period 2022-2027F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Indonesia Car Rental market is driven by expanding middle class, growing tourism sector, and the emergence of ride-hailing. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

For Instance, In June 2022, an exciting development took place as CARRO and PT Mitra Pinasthika MustikaTBK joined forces through a binding agreement. The collaboration involved a substantial investment of SGD 75 million (approximately USD 55.7 million) by CARRO, resulting in the acquisition of a 50% ownership stake in PT Mitra Pinasthika MustikaTBK. This strategic alliance marked a significant milestone in their partnership, setting the stage for future growth and cooperation in the market.

In May 2022, PT Blue Bird Tbk and PT AngkasaPura made an official announcement regarding their partnership. The collaboration aimed to offer convenient and comfortable transportation services for travelers from

Jenderal Ahmad Yani International Airport to various destinations in Semarang. This strategic alliance was in line with Blue Bird's mission to promote mobility as a service and support the transportation ecosystem of the airport. By joining forces, the two companies aimed to enhance the overall travel experience for passengers, ensuring seamless connectivity and efficient transportation solutions.

Furthermore, During March 2022, Minister of Tourism and Creative Economy, Sandiaga Uno, engaged in a significant meeting with 18 foreign investors. The purpose of the meeting was to present sustainable tourism projects amounting to USD 1.5 billion. These projects were aimed at bolstering the tourism industry in Indonesia and were expected to contribute to approximately 20% of the sector's growth. Moreover, the investments were projected to contribute to a 5% expansion in the overall national economy for the year 2022.

In conclusion, the future outlook of the car rental market in Indonesia appears promising. Factors such as the expanding middle class, growing tourism sector, and the emergence of ride-hailing services are likely to drive demand. However, increasing competition may lead to price wars and improved services. The market may also witness a shift towards electric vehicles, necessitating infrastructure development. Furthermore, technology integration and government regulations will play crucial roles in shaping the industry's future.

For More Insights On Market Intelligence, Refer to the Link Below: –

Indonesia Car Rental Market

Related Reports by Ken Research: –

Vietnam Car Rental Market Outlook

Belgium Car Rental Market Outlook 

Bahrain Car Rental Market Outlook

Total Warehousing Space in 2027 is expected to be 60 Mn sqm (including Captives) in KSA. Will KSA Warehousing market stand on this projected figure? : Ken Research

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1.High demand of Technology warehouses with Automation especially by E-commerce companies

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Investment in technology: Adopting new technologies, such as IoT sensors and real-time monitoring systems, can help improve the efficiency and accuracy of the warehouse operations.

Collaboration with suppliers: Collaborating with suppliers to establish a well-coordinated warehousing ecosystem can help ensure the quality of temperature-sensitive products.

 2.Saudi Vision 2030

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The expansion of the logistics industry has been emphasized in Saudi Arabia's Vision 2030, a comprehensive strategy for economic diversification. The government wants to make the nation a hub for global logistics by luring foreign capital and creating a welcoming environment for storage and logistics businesses.

50% non-oil exports as percentage of GDP by 2030, up from 16% in 2016 has boosted need for warehouses in KSA.

3.Favorable Location

Major cities such as Riyadh, Jeddah, Dammam and Mecca are the most populous cities in the country and are emerging as a hot bed for warehousing since most of the industrial regions are also located nearby.

• Fastest Growing Port: King Abdullah Port (KAEC) with 4 Mn TEU Annual Capacity
• Annual Port Capacity: Saudi Arabia handles more than 8 Mn TEU Annual Capacity
• Red Sea Trade: Saudi Arabia’s ports handle more than 90% of Red Sea Trade transits and ~ 30% of the East African Trade Transits

KSA's strategic location as a gateway between Europe, Asia, and Africa makes it an attractive hub for trade. The country has been actively promoting foreign trade and industrialization, attracting international companies to set up manufacturing facilities and distribution centers. This leads to an increased demand for warehousing services to support import, export, and local supply chains.