Supplementary transport infrastructure
will augment the logistics and warehousing market in future.
Logistics
has always been a significant part of Oman’s economy. The worldwide trend of
globalization has led many companies to outsource their logistics functions to
third party logistics companies, thus helping them to concentrate more on their
core competencies and hence generate higher revenues. Over the past few
decades, a significant change has been witnessed towards the third party
logistics scenario owing to collaboration between shippers and 3PL companies
which will heavily depend on technology to collaborate, connect, and engage
with customers.
The
domestic freight is majorly moved through the roads using the trucks due to
dearth of railways and waterways. The air freight is the only other option but
is expensive means. The trucking industry in Oman is classified by a mix of
large companies and a number of small companies that have the capability of
expanding their business operations in the country and were witnessed to use
quality of fleet in the operations. In order to satisfy the requirements of
their consumer, the logistics companies need to invest in their own trucking
fleet. In addition, imposition of trucking regulations in Oman based on
international standards has enabled big sized logistics service providers to be
more price-competitive, while improving the overall quality of trucking in
Oman. Additionally, stricter training of truck drivers in terms of road safety
will help the industry to upgrade.
Oman’s
ranking is improving in terms of doing business as reported by the World Bank
thus positioning itself as an investor friendly destination. The improved
rankings and scores on various parameters are attracting more foreign business
houses towards the country and if the trend continues, there could be a greater
growth in the logistics sector than estimated.
According
to Ken Research report titled “Oman
Logistics and Warehousing Market Outlook to 2022 - By Freight Forwarding,
Express Delivery, Warehousing Services, Cold Storage, Third Party Logistics and
Value-Added Services” improving
customs process and supplementary transport infrastructure will be the key
growth catalyst in future. The country will focus on upgrading its logistics
infrastructure especially in the seaports, constructing regional and
international logistics service centers, improving the efficiency of connection
between Oman and other countries, thereby becoming a modern logistics hub in
near future.
Companies Covered:
Oman
Freight Forwarding Market (CEVA Logistics Gett, Oman Shipping Company SAOC,
Badar Shipping Agencies, Pentagon Freight Services, Sohar Shipping Transport
and Trading Agencies, Majan Shipping, Ships Agency and International Logistics
(SHIPCO), Allied Logistics, BHT Logistics, Muscat International Shipping &
Logistics Bla Bla Car and Bahwan Logistics), Oman Warehousing Market (Oryx
Logistics, Avvashya CCI Logistics, GAC logistics, Enhance Oman Logistics, Logwin
Logistics and Golden Global Logistics), Oman Express Logistics Market (DHL
Express, Aramex Oman, TNT Express , Oman Post and FedEx Oman) and Oman Cold
Chain Market (ILS Logistics, Agility Logistics
(Oman) and Al Madina Logistics)
Products Covered:
Oman logistics and warehousing market
by Service Mix (Freight Forwarding, Warehousing Services and Value-Added
Services); Oman freight forwarding market by Freight Movement (Sea, Road and
Air), by Normal and Express Delivery, by International and Domestic Freight
Forwarding, by Flow Corridors (Asian Countries, European Countries, North
American Countries, GCC and Others), by International and Domestic Companies,
Oman Warehousing Market by Region (Muscat and Others), by End User (Food and
Beverage, Chemicals, Oil and Gas, Electronics and Others), by International and
Domestic Companies, by Business Model (Industrial Freight, Container Freight,
Cold Storage, Agriculture and Others), Oman Express Logistics market by
Domestic Express and International Express, Oman Cold chain Logistics market by
Cold Storage and Cold Transport, by Industries (Meat and Seafood, Poultry and
Eggs, Confectionaries and Others), by Contractor and Logistics Owned.
For more information on the research
report, refer to below link:
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Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
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