The report titled “Saudi Arabia Automotive & Spare Parts Logistics Market Outlook to 2025: Lifting of Ban on Female Drivers and Growing Aftermarket for Spare Parts to Influence Market Growth” provides a comprehensive analysis of automotive & spare part logistics market in Saudi Arabia. The report focuses on overall market size in terms of revenue generated by automotive & spare part logistics companies; Saudi Arabia automotive & spare parts logistics market segmentation by service mix (freight forwarding, warehousing and value added services); automotive & spare parts freight forwarding market segmentation by freight mode (road freight, sea freight and air freight); by type of transport (domestic freight and international freight); by 3PL Logistics and Integrated logistics; by Cost split (last mile and first mile); by automotive segment (vehicles and spare parts); by sea flow corridors (Sudan, GCC, Egypt and others); by air flow corridors (Sudan, Egypt, Kuwait, Libya, Oman, the UAE and others); by road flow corridors (Bahrain, Jordan, Lebanon, the UAE, Kuwait, Oman and others); automotive & spare parts warehousing market segmentation by business model (industrial/retail and ICD/CFS); by cities (Jeddah, Riyadh, Dammam and others) and by type of warehouses (closed warehouse and open warehouse).
The report also covers the trade scenario, trends and
developments, issues and challenges, SWOT analysis, regulatory landscape, end
user analysis, value chain analysis, PESTLE analysis, COVID-19 impact on
automotive & spare parts transportation industry, decision making process, snapshot
on control tower market, snapshot on pre-delivery inspection market, COVID-19
impact on automotive & spare parts warehousing industry, technological
advancements & innovations, comparative landscape including cross
comparison of major players operating in KSA automotive & spare parts
logistics market and cross comparison of major players operating in KSA automotive
market. The report concludes with future market projections on the basis of overall
logistics and automotive & spare parts logistics revenue, by service mix and
analyst recommendations highlighting the major opportunities and cautions.
Saudi Arabia Automotive & Spare Parts Logistics Market
Saudi
Arabia automotive & spare parts logistics market showcased a volatile
growth trajectory. Automotive logistics revenue stood at USD ~ Million in 2019
and further declined at a CAGR of ~% during 2014-2019 due to oil price shock
further leading to an economic slowdown during 2016-2017 period. The automotive
industry in Saudi Arabia is highly depended on the imports from different
countries. In April 2016, Saudi Arabia announced its Vision 2030 which includes
transforming the Kingdom into a preferred logistics hub. Large investments in
road infrastructure under Saudi Vision 2030, a 680 Km Saudi-Oman highway and
the UAE-Saudi Mafraq-Ghuwaifat International Highway underway. The government
of Saudi Arabia is working on new multi-mode logistic stations and two new
railway lines to link GCC countries in the east & Yanbu-Jeddah in the west.
By Service Mix (Freight Forwarding, Warehousing and Value
Added Services): The logistics industry is fragmented
with few players majorly focusing on the automotive end users. Few automotive
companies are having their own warehouses and fleet for transportation and
avoid outsourcing the logistics services. The freight-forwarding segment of the
automotive & spare parts logistics market is the biggest contributor to
growth in this sector. The cities of Jeddah and Riyadh have been the most
populous cities in the kingdom. These cities also account for most of the
industrial areas and indicate a high demand for built-to-suit and automated warehouses
therefore, driving revenue from automotive storage.
Saudi Arabia Automotive & Spare Parts Freight Forwarding Market:-
Freight
forwarder offers a range of services depending on their size, number of
personnel, and number of branches. Increasing auto exports to other Gulf
countries & East African countries including Sudan, Libya, Djibouti and
others is stimulating the demand. Saudi Arabia launched new logistics zone in
2019 which is open to private investors in the Red Sea port city of Jeddah therefore,
diversifying the economy away from oil and creating more jobs for local Saudis.
Road was observed as the most prominent freight mode in Saudi Arabia for
automotive and spare parts logistics, followed by sea and air in the year 2019.
Domestic
freight had dominant share due to large movement of vehicles & spare parts
from the ports to the cities within in KSA. Major export destinations of
automotive & spare parts included GCC countries such as Bahrain, Jordan,
the UAE and others.
Growth is
expected to be majorly contributed by economic & industrial activities
associated with logistics services such as transportation of goods &
warehousing. KSA government aims to aggressively drive and position 50 islands
and 100 miles of Red Sea as a global tourist destination. The expansion of Red
Sea corridor in Jeddah, the minerals hub in Yanbu, King Abdullah port and NEOM
project are also expected to drive the freight forwarding industry.
Saudi Arabia Automotive & Spare Parts Warehousing Market:-
KSA
Warehousing industry ecosystem is dominated by domestic companies in terms of
warehousing space, followed by international companies. Ecosystem has
underscored asset monetization deal with Real Estate developers purchasing the
warehousing assets to generate current income under operating lease model to
warehousing operators. Most of the warehouses are concentrated in Jeddah,
Riyadh and Dammam in Saudi Arabia. The major Companies include include LSC
logistics, Almajdouie Logistics, Mosanada Logistics, Tamer, Agility and others.
Industrial warehouses contributed the majority revenue in the automotive and
spare parts warehousing market. Spare parts are majorly stored in Industrial
warehouses, which are located closer to ICD’s. Majority spare parts imported into
the country are stored in Closed Warehouses, and they usually arrive in Bulk
quantities.
Comparative Landscape in Saudi Arabia
Automotive
& Spare Parts Logistics Market
Competition was observed to be highly fragmented in
both freight forwarding and warehousing segment along with the presence of both
international and domestic players. Nevertheless, the local / domestic players
have a larger presence in the market and were observed to compete on the basis
of key clientele, revenue matrix, logistics networking, average pricing,
technological advancement and value added services.
Saudi Arabia Automotive & Spare Parts Logistics Market
Future Outlook and Projections
The automotive and spare parts logistics is expected to
witness negative growth in 2020, due to lockdown measures, restriction on
various businesses and ban on transportation in the initial phase. Demand
revival for the logistics services is expected to take close to 10-12 months,
before the Industry will get back to normal levels. The government is planning
to pump investment into economic cities and other industrial projects to boost
logistics and transportation centers. KSA government is highly promoting the
integration of multi-modal hubs across the country. FDI within logistics
infrastructure development, constructing regional & international logistics
service centers and improving the efficiency of trade routes can collectively
help the country in becoming a hub over long term. Development of New Economic
Zones / Cities such as KAEC to attract foreign investments by providing special
incentives is another program by KSA government. The economic cities are
planned to be located near to sea ports and major consumption bases, which is
expected to bring manufacturing closer to these bases.
Key Segments Covered in KSA Automotive & Spare Parts
Logistics Market:-
By Service Mix
Freight
Forwarding
Warehousing
Value
Added Services
KSA Automotive & Spare Parts Freight Forwarding Market:-
By Mode of Freight
Road Freight
Air
Freight
Sea
Freight
By Type of Transport
Domestic Freight
International Freight
By 3PL & Integrated Logistics
3PL
Logistics
Integrated
Logistics
By Cost Split
Last Mile
First Mile
By Automotive Segment
Vehicles
Spare Parts
By Sea Flow Corridors
Sudan
GCC
Egypt
Others
By Air Flow Corridors
Sudan
Egypt
Kuwait
Libya
Oman
UAE
Others
By Road Flow Corridors
Bahrain
Jordan
Lebanon
UAE
Kuwait
Oman
Others
KSA Automotive & Spare Parts Warehousing Market:-
By Business Model
Industrial / Retail
Container
Freight / Inland Container Depots
By Cities
Jeddah
Riyadh
Dammam
Others
By Type of Warehouse
Closed
Warehouse
Open
Warehouse
Key Target Audience:-
International
Domestic Freight Forwarders
Warehousing
Companies
Logistics
Companies
Logistics
Consultants
Automotive
OEMs
Automotive
Dealers/Distributors
Spare
Parts Manufacturers
Spare
Parts Dealers/Distributor
Time Period Captured in the Report:-
Historical Period: 2014-2019
Forecast Period: 2019–2025
Companies Covered:-
Oriental
Commercial & Shipping Co.
Hala
Shipping Services
Gulf
System
Uniworld
Logistics
Abdui
Global
NTF
Logistics
Four
Winds
KWE
Transport
Glaube
Logistics
Al Rashed
Transport
Arabian
Transport Co.
SITCO
Logistics
Takhzeen
Logistics
Kanoo
Terminal
Agility
Logistics
Al Khodari
Sons & LV Shipping & Logistics Co.
BAFCO
International
Wolf
Transport
Almajdouie
Logistics
GAC
Logistics
JAS
Logistics
Platinum
Logistics
Kerry
Logistics
Namma
Cargo
Al Jabri
Transport
Automotive & Spare Parts Companies Covered:-
Audi
Mercedes
Isuzu
motors
Nissan
Kia
Motors
Toyota
Hyundai
Mazda
General
Motors
Mitsubishi
Ford
Changan
Key
Topics Covered in the Report:-
Saudi
Arabia Overview and Major Economic & Logistics Zones
Automotive
Import Procedure (Import Procedure for Automobiles and Impact of VAT &
Custom Duty Increase)
Trade
Scenario
Regulatory
Landscape
End-User Analysis (Automotive)
End-User
Analysis (Spare Parts)
Saudi
Arabia Automotive & Spare Parts Logistics Market
Saudi
Arabia Automotive & Spare Parts Freight Forwarding Market
Saudi
Arabia Automotive & Spare Parts Warehousing Market
Industry
Analysis (SWOT Analysis, PESTLE Analysis, Government initiatives)
Covid-19 Impact on the Automotive Transportation
Industry
Snapshot
on Control Tower Market
Snapshot on Pre-Delivery Inspection Market
Covid-19 Impact on Automotive
Warehousing Industry
Comparative
Landscape – KSA Automotive & Spare Parts Logistics Market
Comparative
Landscape in Saudi Arabia Automotive Market
Recommendations
/ Success Factors
Research
Methodology
Appendix
For
More Information on the research report, refer to below link:-
Saudi
Arabia Automotive & Spare Parts Logistics Market
Related Reports:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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