How the Saudi Arabia Automotive & Spare Parts Logistics Market is Positioned?
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. Surging automotive manufacturing plants of various
brands to contribute to the growth of automotive logistics industry in Saudi
Arabia. Additionally, the government is restructuring the regulations and
structures for logistics sector and opening the way for market liberalization
and private sector participation.
Import value of automotives was observed to grow from USD ~
Million in 2017 to USD ~ Million in 2019, whereas, the export value for
automotives was observed to decline from USD ~ Million in 2017 to USD ~ Million
in the year 2018 respectively. The entry of the women drivers in the automotive
market in Saudi Arabia is contributing to the huge opportunity for the
automotive logistics market. 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.
Saudi Arabia Automotive & Spare Parts Logistics Market
Segmentation
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 and was
observed to dominate with a market share of ~% in 2019. The market size for
freight forwarding segment of automotive & spare parts logistics market was
recorded at USD ~ million in 2019. 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. Lastly, value
added services include packaging, labeling, handling, cross docking, custom clearance,
and other services.
Trade Scenario Within Saudi Arabia Automotive & Spare
Parts Logistics Market
Majority
import for automotives was observed from Japan, followed by USA, South Korea,
Germany and others. The majority import for spare parts was observed from Japan
followed by South Korea, Germany and others. The UAE dominated the market with majority market share in
terms of automotive export value followed by China, Sudan, Iraq and others.
Freight forwarders offer all or a limited range of services
depending on their size, number of personnel, and number of branches. Major
Flow corridors include the GCC countries in terms of freight revenue during
2019. 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. Development
in infrastructure facilities coupled with government initiatives have
collectively improved the capacity of the ports during 2016-2018. Also, the
10th Development Plan for the review period 2015-2019 observed an investment of
SAR ~ Bn in economic projects.
KSA Automotive & Spare Parts Freight Forwarding Market
Segmentation
By Type of Freight: 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. Roads in Saudi Arabia are well laid out and have connectivity with
other GCC regions especially the UAE.
By Type of Transport: Domestic freight had dominant share due to large movement
of vehicles & spare parts from the ports to the cities within in KSA.
Majority domestic transportation of spare parts and vehicles is done in Riyadh,
Jeddah, Makkah, Medinah, KAEC and Dammam.
By Last Mile and First Mile: Last mile delivery of automotives and spare parts dominated
the market in terms of revenue in 2019. Decline in spent on first mile services
over the review period owing to fall in total vehicle & spare parts imports
into the country.
By Air Flow Corridor: Auto spare parts & accessories of motor vehicles
including cars, motorcycles, trucks, trailers & more are being exported/re
exported to other countries via air transport.
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
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