Showing posts with label Egypt Logistics Sector. Show all posts
Showing posts with label Egypt Logistics Sector. Show all posts

Tuesday, June 6, 2023

With a CAGR of 7.3% between 2017 & 2021 Innovative Warehousing technologies are changing the warehousing ecosystem for good. Is it a feasible solution for long term growth? : Ken Research

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1. “Modern warehouse and storage facilities have been installed at businesses like Symaga, Maersk, Amazon, etc.’s warehouses in Egypt.

Egypt Logistics Market

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Availability of modern warehousing facilities available in various parts of the country is one of the main factors contributing to the growth of warehousing market in Egypt. For instance, ‘The National Service Projects Organization’ is an addition to one of the largest storage projects in the world supplied by Symaga in 2015 with a total storage capacity of 70,000 tonnes. The facility will play a key role in logistics and storage within the Egyptian food safety strategy. Other such projects include ‘Maersk Warehouse facility in Ismailia’ & ‘Amazon warehouse in 10th of Ramadan.’

2. Increased Automation due to rising Investment in Newer Technologies is driving the demand for Modern Warehouses in Egypt

Egypt Logistics Market

Technology Trends in Egypt Logistics Market

Next generation supply chains in Egypt are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to Market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.

Egypt’s Freight Forwarding Market to grow at the rate of 7.1% in the upcoming period between 2022 to 2026 owing to government policies such as the NRP alongside technological innovations such as efficient freight matching: Ken Research

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

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

Overall Government spending in Egypt’s Logistics Market

The government is also upgrading airports, ports, and transportation networks.  In total, the Ministry of Transport has around 25 projects in the railway sector in the pipeline.  The government’s top priority is to connect the cities with decent transportation means and to develop the roads and ports for industrial expansions. Implementation of National Roads Project especially along the regional economic corridors will improve the quality of road infrastructure and develop smooth and quality freight transport and cargo exports/ imports.

2. “Technology to the Rescue:” Efficient Freight Matching, Better Profitability, Smarter Operations and Greater Service Quality are some of the benefits of Digital Freight Aggregator Platforms.

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Technology options such as Efficient Freight Matching, better profitability, smarter operations & greater service quality serve as a major benefit for Egypt’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 Egypt by increasing operational efficiency, reducing costs & increasing profitability.

Major Players Mentioned in the Report:

Egypt Logistics Market

  • DSV
  • EGL Egypt
  • Alfa Logistics
  • Logisitca

Egypt Express Market

  • Bosta
  • MECS
  • FedEx
  • Opex
  • R2X

Egypt Freight Market

  • DHL Global
  • Tiffany Cargo
  • Nile Logistics
  • GAC
  • DSV

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: –

Egypt Logistics Market

Related Reports by Ken Research: –

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025