The report titled “KSA Logistics and Warehousing Market Outlook to 2025F– Driven by Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue” provides a comprehensive analysis on the status of the logistics market in KSA. The report covers various aspects including overview of transportation infrastructure, major economic/industrial zones, overall logistics and warehousing market size, trends and developments, issues and challenges, regulatory landscape,, Price Models and Costing Analysis for Trucking Industry in Saudi Arabia, Viable Supply Chain Model for Adoption and Supplying Light Electric Vehicle in KSA, Opportunity Analysis of an LEV in Last Mile Delivery, Warehousing investment and operation model. The report concludes with market projections for future of the industry including forecasted industry size by revenue and business activity.
Saudi Arabia
Logistics Market Overview and Size:
Saudi Arabia has been putting
efforts towards diversifying its economy away from oil, thus embarking on an
ambitious path to become the go-to logistics hub for the region. The market
displayed a volatile growth trajectory with overall logistics market grew @3.0%
CAGR during 2015-2020. KSA has invested more than ~$100 Bn in its
transportation & logistics infrastructure as a part of Vision 2020,
resulting in comprehensive nationwide network over decade.
Saudi Arabia Road Freight Market Overview:
KSA Road Freight Industry is
highly unorganized and fragmented with presence of multiple players and
revenues growing @ 4.7 % CAGR during 2015-2020. Total number of trucks on road
in Saudi Arabia is growing @~7.0 CAGR from 2015 – 2021, with majority of the
trucks imported from other countries. Expansion of logistics infrastructure
such as intermodal connectivity, logistics parks and ports are creating
business opportunities for road freight industry in KSA. Increased investment
in development of roads, excellent cross border connectivity with other GCC
countries along with cheaper mode in terms of freight transport are the major
growth drivers in the industry. However, issues such as inadequate
infrastructure, last mile connectivity, seasonal variations &
loading/unloading inefficiencies affects the operational efficiency in road
freight market. KSA Road Freight Market is expected to grow @5.3% CAGR during
the forecasted period 2020-2025 owing to infrastructure development, technological
advancements and economic diversification in the country.
Saudi Arabia
Road Freight Market Segmentation:
By Type of
Fleet Operators: The Road
Freight Industry is dominated by the Small Fleet Operators (SFO’s) accounting
for majority of the total operators in KSA. They generally work on a spot rate
basis and transport goods on a LTL basis.
By LTL/FTL: FTL is the cheapest mode of Road Freight
Transportation in KSA contributing majority share in 2020. However, emerging
technologies such as GPS tracking on LTL freight is transforming the segment to
ensure more reliability and efficiency.
By End
Users: Food and Beverages contributed
the highest revenue share in road transport market followed by retail industry
in 2020. Population growth is expected to reach 1.5 Bn by 2050, which will
significantly improve the demand for F&B, Retail and FMCG sector in the
country.
Potential of
Electrical Vehicles in Saudi Arabia Market
EVs are slowly gaining traction
with less than 0.5% of vehicles deployed as PHEVs in Saudi Arabia. Efforts to
create a market for EVs are consistent with the Saudi Crown Prince Muhammed bin
Salman’s Vision 2030 plan, which aims to reduce the country’s dependence on
oil, diversify the economy, and implement a range of social reforms. The EV
infrastructure in Saudi Arabia is still lagging behind, as the government is
yet to install charging stations in public areas.
However, KSA could witness an LEV
penetration between 5-7% by 2025. The neutral case scenario predicts KSA will
build a framework like UAE such as free charging stations, discounted car
registrations, toll exemptions, and other perks to incentivize people to give
up their traditional cars for EVs. However, barriers such as TCO parity, high
battery cost & infrastructure challenges such as mass deployment of
charging stations in public area may slow down the adoption rate. Introduction
of new model vehicles to provide greater choice along with promotion of greater
levels of understanding of the capabilities, benefits and imperatives for
adopting EVs will accelerate adoption.
Saudi Arabia
Market Warehousing Market Overview:
Saudi Arabia is emerging as a
transshipment hub and the warehousing market is rapidly growing @2.4% CAGR
(2015-2020) owing to surge in manufacturing activities, burgeoning
international trade, rising domestic consumption and ease in government
regulation. Majority of overall warehousing space controlled by organized
sector due to strict government regulation regarding licensing and
certifications. More than 25% warehousing space in KSA is racked with
economically developed cities such as Jeddah, Dammam and Riyadh accounting for
higher share in the country. Increased automation due to rising investment in
newer technologies is driving the demand for modern warehouses in KSA. KSA
warehousing sector is expected to embrace structural revisions as a response to
rapidly changing demand drivers & technological advances and is expected to
grow @6.0% CAGR (2020-2025F).
Saudi Arabia
Market Warehousing Market Segmentations:
By Business
Model: Industrial Warehousing dominates
the Warehousing Market in KSA occupying majority share in 2020 with Grade-A
warehouses contributing 20% of the Industrial space. Grade-A Warehouses
contributed 20% of Industrial space in 2020.
By End
Users: 3PL contributed highest
warehousing space in 2020 with the logistics companies usually taking
warehouses from real estate companies on 1, 3 or 5 yearlong leases.
By Regions: Economically Developed cities of Jeddah and Riyadh
in KSA account for largest warehousing supply in 2020 with Dammam having the
highest rental rates. Jeddah’s warehousing districts are concentrated
south and east of the metropolitan zones with Al Khomra district being the
leading major hub for warehouses and L&D. Warehousing in other regions such
as Burdaiah, Abha and Medina are underdeveloped with presence of majorly Grade
B warehouses in each city.
Request
For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTA3NzEz
Comparative
Landscape in Saudi Arabia Logistics and Warehousing 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
Logistics and Warehousing Market Outlook and Projections:
Overall logistics revenue in KSA
expected to grow @6.7% CAGR during 2020-2025 with continuance of the
government’s integrated strategy for sector development. Introduction &
adoption of technologies such as telematics, V2V communications, and tracking
to have a strong influence on delivery & service offerings. The KSA
government is highly promoting the integration of multi-modal hubs across the
country. FDI within the logistics infrastructure development, constructing
regional & international logistics service centres and improving the
efficiency of trade routes can collectively help the country in becoming a hub
over long term.
Key Segments
Covered
KSA Road
Freight Market Segments
- By Type of Fleet Operators
- Small Fleet Operators (SFO’s)
- Medium Fleet Operators (MFO’s)
- Large Fleet Operators (LFO’s)
- By LTL/FTL
- LTL
- FTL
- By End Users
- Food and Beverage
- Retail
- Oil and gas
- Automotive and Spare Parts
- Pharma
- Others
KSA
Warehousing Market Segments
- By Business Model
- Industrial / Retail Warehouses
- Container Freight / ICDs
- Cold Storage
- Agriculture and Others
- By Grade A, B and others
- Grade A Warehouses
- Grade B and others
- By End Users
- 3PL
- FMCG
- E commerce
- Retail
- Automotive and Engineering
- Manufacturing
- Others
Companies
Covered
- Almajdouie
- Hala Supply Chain
- BAFCO Logistics
- Agility
- United Warehousing Co
- LSC warehousing
- Wared Logistics
- Mosanada Warehousing
- Tamer logistics
- Basem International Shipping & Logistics
Co. Ltd.
- Kuehne + Nagel
- Panalpina
- DB Schenker
- DHL
- Fedex-TNT
- Mubarrad (Saudi Transport & Investment
Co.)
- Aramex
- Naqel Express
Key Target
Audience
- International Domestic Freight Forwarders
- Warehousing Companies
- Logistics Companies
- Logistics Consultants
Time Period
Captured in the Report:-
- Historical Period – 2015-2020
- Forecast Period –2020-2025F
Key Topics Covered
in the Report
- Executive Summary
- Saudi Arabia Country Overview and Major
Economic Zones
- Saudi Arabia Logistics Industry Market Size,
2015-2025
- Saudi Arabia Road Freight Market
- KSA Transportation Market Size, 2015-2025
- Overview of Trucking Industry in Saudi Arabia
- Commercial Models in KSA Transportation Market
- KSA Freight Aggregator Market Overview
- Price Models and Costing Analysis for Trucking
Industry in Saudi Arabia
- Genesis and Overview of KSA EV Market
- Comparison of EV's Capacities with Traditional
Vehicles
- KSA Warehousing Market Size, 2015-2025
- KSA Warehousing Split by Business Model and
End Users
- Regional Analysis (Warehousing Market in
Jeddah, Riyadh, Khyobar, Abha, Medina and Buraidah)
- Key Market Drivers in the KSA Logistics
Industry
- Competitive Factors and Assessment in KSA
Logistics and Warehousing Market
- Market Trends and Development
- Market Issues and Challenges
- Government Rules and Regulations
- KSA Logistics Market Future Outlook
- Upcoming Technologies in KSA Logistics Market
Related
Reports
Contact
Us:-
Ken Research
Ankur Gupta, Head Marketing
& Communications
No comments:
Post a Comment