Etihad Cargo has outlined its plans to focus on COVID-19 focused services, setting up a dedicated COVID-19 distribution team in anticipation of a vaccine for the virus. Its new specialized pharma and healthcare product PharmaLife, will focus on key gateways including Abu Dhabi, Barcelona, Chicago, Paris, Dubai, Frankfurt, Hyderabad, London, Milan, Melbourne, Mumbai, Shanghai, Singapore, and Sydney.
Amazon.ae
announced that it has launched International Shopping Experience, delivering
items from the UAE to Bahrain, Kuwait and Oman. The delivery includes import
fees along with customs clearance managed by Amazon’s couriers. The move acts
as a strong fillip to the growth of e-commerce across the Middle Eastern
region.
In a
historic step for global trade, the UAE and Israel agreed to normalize
relations in mid-August 2020 and signed a normalization agreement in September.
In October, a ship carrying cargo from the UAE, docked at an Israel’s Haifa
Port. The ship will bring cargo from the UAE to Israel on a weekly basis.
Impact of COVID-19: The
COVID-19 pandemic impacted overall supply chain operations in the UAE, with
road freight due to sealing of borders and air freight due to flight
cancellation being the major sufferers. Moreover, companies have been
struggling with employee infections and have been forced to move to a remote
working setup, at least for the non-operational staff. The industry is
gradually recovering from the transport restrictions. Going forward,
pharmaceutical logistics will play an important part in distribution of the
COVID-19 vaccine, once it is ready and is hence expected to lead vertical
market growth in the future. The demand for essentials and daily usage consumer
products went up during the lockdown period, and is expected to continue to
grow, as the retail segment looks to be the highest contributing vertical to
logistics in the UAE.
Freight Forwarding is expected to be Lead Contributor: While the UAE Logistics industry is composed of different
service segments such as Freight Forwarding, Warehousing, Express Delivery and
Value Added Services, it is the Freight Forwarding Segment that is expected to
continue being the leading segment in the future. Express market segment is
identified to grow at the fastest pace, due to growth in e-commerce deliveries
and companies.
Technological Advancement to Drive Growth: Government Initiatives such as Dubai IoT Strategy, Dubai
Block Chain Strategy, Introductions of drones for last-mile delivery, UAE
National AI Program, Smart Dubai 2021, Dubai 3D printing Strategy, Dubai Data
Initiatives and National Innovation Strategy will revolutionize the logistics
and warehousing market of UAE.
Analysts
at Ken Research in their latest
publication "Competition Benchmarking of
Top Logistics Players in UAE in Transportation, Warehousing, 3PL, International
Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics" observe that the UAE
Logistics Market is expected to grow at a decent pace, backed by upcoming new
businesses in the country along with the favorable position of the country as a
logistics and trans-shipment hub globally. The Logistics Market in UAE is
expected to grow at a CAGR of 3.9% from 2019 to 2025, in terms of revenues. The
rescheduled Expo 2020 would also play a part in growth of the industry during
the early period.
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:-
Kuehne +
Nagel
Agility
Emirates
Post
Al-Futtaim
Logistics
DB
Schenker
DHL
FedEx
Express
UPS
Allied
Transport
Freightworks
Zajel
Courier Services
Time
Express
Bollore
Logistics
Danzas
AEI
Mohebi
Logistics
Hellmann
Worldwide Logistics
Tristar
Gulf
Agency Company
CEVA
Logistics
ATS
Skynet
Sky
Express
Avalon
General Land Transport
GSL
(Global Shipping and Logistics)
RSA
Global
Roadlink
Transport
Al
Mujarad Transport
Key Topics Covered in the Report:-
UAE
Logistics Industry Overview
UAE
Logistics Industry Market Size by Sub-Service, 2015-2025
UAE
Logistics Industry Market Size by Vertical, 2015-2025
UAE
Logistics Sub-Service Market Segmentation by End User Verticals, 2019-2025
UAE
Warehousing Market Segmentation by Type of Warehouses, 2019
Competitive
Landscape including Major Players in each Service Segment, 2019
Competitive
Landscape including Major Players in each Vertical Segment, 2019
Cross-Comparison
of Major Freight Forwarding and Express Players, 2019
Company
Profiles of Major Players in each Segment
Major
Trade Lanes for Land Freight, Sea Freight, Air Freight and International
Express, 2019
Pricing
Analysis for Major Players by Service Mix, 2019
For More Information on the research report, refer to below
link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249