Showing posts with label Egypt Warehousing Market. Show all posts
Showing posts with label Egypt Warehousing Market. Show all posts

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

Monday, October 14, 2019

Egypt Logistics and Warehousing Market Outlook to 2025: Ken Research

The report titled Egypt Logistics and Warehousing Market Outlook to 2025 –driven by Massive Infrastructure Development and Increasing Foreign Trade” provides a complete analysis of Egypt Logistics and Warehousing Market. The report covers overall size and future outlook of Egypt Freight Forwarding, Warehousing, Courier, Express, and Parcel, 3PL, and E-Commerce market in terms of value, segmentation on the basis of service mix, by geography, by ownership and type of industries. The report also covers the competitive landscape and company profiles of major Freight Forwarding, Warehousing, and Express Logistics Companies in Egypt. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges.
Egypt Logistics and Warehousing Market
Egypt Logistics and Warehousing Market Overview and Size
Egypt’s proximity to three continents and control over the Suez Canal grants the country’s location massive strategic importance for world trade. Since the new government came into power in 2014, massive investments to improve the infrastructure have been made, with particular emphasis on the logistics and transportation sector. In 2018, Egypt ranked 67th on the Logistics Performance Index. The Egyptian Logistics and Warehousing Market have witnessed steady growth over the past few years. The main reasons behind the growth being the continued infrastructure investment, attracting FDI, the expansion of the Suez Canal, and the government’s focus on promoting exports
Egypt Logistics and Warehousing Market Segmentation
By Freight Forwarding
Sea freight is the dominant mode of transport for freight movements. This is primarily because of Egypt’s location and the Suez Canal. Major products transported include crude oil and its derivatives, food, and beverages, machinery, and FMCG goods. Almost all freight forwarders in Egypt follow asset-light models, and they usually outsource the contract to domestic players. Asia is the largest flow corridor for the freight forwarding industry in Egypt in terms of revenue. Future trends in freight forwarding include increased trade with African nations and utilizing the Nile River for transportation of goods.
By Warehousing
Egypt, being a transshipment hub has a strong demand for warehouses. The warehousing market in Egypt has been growing at a robust rate due to the government’s focus on the logistics infrastructure in the country. The market is fragmented with numerous players in the market. Upcoming warehousing regions include Banha Investment Zone, Ain Sokhna port, and East Port Said Port. New technologies in the warehousing market in Egypt include WMS, and automation, which will help to increase the efficiency of the warehousing sector as well as reducing operating costs.
By Courier, Express, and Parcel Logistics Market
The CEP logistics market grew at a strong CAGR in the period 2013-2018. The growth in the CEP market is mainly fuelled by the growth in the e-commerce sector. The CEP market is dominated by international companies, with the national postal service, Egypt Post, having a minority share in the market.
By 3PL Logistics Market
Almost all international logistics players in Egypt provide 3PL services. 3PL is a great way for these companies to be asset-light and yet dominate the market by partnering with the domestic logistics companies, who know the market better. This effectively reduces costs and increases efficiency.
By E-Commerce Logistics Market
In the E-Commerce market in Egypt, Jumia, and Souq.com are the biggest players, with Noon.com being a new entrant in the market. Currently, a majority of the e-commerce logistics is captive, i.e. e-commerce players have their own logistics arm to store goods and carry out deliveries.
Competitive Landscape in Egypt Logistics and Warehousing Market
The logistics sector has improved considerably since the political crisis in 2013. With the trade volumes returning to pre-crisis levels, and the increase in the ease of doing business in the country, the market is now highly competitive with both international and domestic players. Domestic companies have also started freight services internationally. International companies are investing heavily in the seaports and airports and are setting up logistics hubs there. With the growth in the e-commerce industry, e-commerce companies are expected to move away from captive logistics to 3PL companies. To acquire a greater share in the market, the international companies will start acquiring domestic companies, to make the market more concentrated.
Future Outlook and Projections
Increasing industrial activity, rising foreign investment, aiming to increase exports, and the influx of international companies in Egypt will positively affect the logistics and warehousing market. The steady growth in the market is majorly triggered by the massive infrastructure projects the government has been undertaking, especially with regards to the transport infrastructure. Upcoming technologies in the logistics market include real-time tracking, WMS, warehouse automation, and using drones for deliveries. A combination of advance in technology and increasing foreign trade and investment will greatly lead to the logistics market’s growth.
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:-
Logistics Infrastructure in Egypt
Egypt Logistics and Warehousing Market Size
Egypt Logistics and Warehousing Market Segmentation
Egypt Logistics and Warehousing Market Future Outlook
Egypt Logistics and Warehousing Market Future Segmentation
Egypt Freight Forwarding Market Size
Egypt Freight Forwarding Market Segmentation
Egypt Freight Forwarding Market Future Outlook
Egypt Freight Forwarding Market Future Segmentation
Egypt Warehousing Market Size
Egypt Warehousing Market Segmentation
Egypt Warehousing Market Future Outlook
Egypt Warehousing Market Future Segmentation
Egypt CEP Logistics Market Size
Egypt CEP Logistics Market Segmentation
Egypt CEP Logistics Market Future Outlook
Egypt CEP Logistics Market Future Segmentation
Egypt E-Commerce Logistics Market Size
Egypt E-Commerce Logistics Market Segmentation
Egypt E-Commerce Logistics Market Future Outlook
Egypt E-Commerce Logistics Market Future Segmentation
Egypt Outsourced/3PL Logistics Market Size
Egypt Outsourced/3PL Logistics Market Segmentation
Egypt Outsourced/3PL Logistics Market Future Outlook
Egypt Outsourced/3PL Logistics Market Future Segmentation
Regulatory Environment
Special Economic Zones
New Technological Advancements
Issues and Challenges
Analyst Recommendations
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