Showing posts with label KSA Logistics and Warehousing Market. Show all posts
Showing posts with label KSA Logistics and Warehousing Market. Show all posts

Monday, July 4, 2022

KSA Freight Forwarding Market to generate $18.8 Bn Revenue out of which the Road Transportation Market to contribute 45.0% revenue share in 2025: Ken Research

Key Findings

  • Expansion & Development of its logistics infrastructure such as intermodal connectivity, logistics parks, and ports are expected to create more business opportunities.
  • Strong demand is anticipated for full-fledged integrated distribution centers including logistics facilities, dry storage; cold storage and supporting retail facilities.
  • Rising adoption technological advancements & innovations such as warehouse management system & RFID among leading logistics players in the country to drive industry growth in future.

Infrastructure Development: The KSA Government is aiming to establish the kingdom as a logistics hub under its Vision 2030 by development of SEZ’s, integrated transport infrastructure and reformation of sea ports. Economic growth, rising population and rapid urbanization are driving the KSA government to invest in the massive expansion of the country’s transportation networks thus, driving freight revenue over long term. Addition of about 10,000 km rail line by 2024 along with multimodal hubs are expected to bridge the demand for sea-air and road-rail transportation. The new land bridge connecting the east and west coasts of KSA is expected to decrease transit times from 10 days through sea to 13 hours through rail and enable faster transportation.

KSA Transportation and Warehousing Market Future Outlook

Induction of New Technologies: Technological advancements are expect to improve and enhance supply chain transparency and security leading to improved cost efficiency. Increasing adoption of warehouse automation technologies such as EDI, RFID, Human Centric Designs and Drones are expected to improve operational efficiency. Introduction & adoption of technologies such as telematics, V2V communications, and tracking to have a strong influence on delivery & service offerings.

KSA Government opened the retail and wholesale sectors to 100% foreign ownership and has launched a large privatization programme. Competition will intensify due to entrance of global players due to flexible rules and regulations thus, leading to surge in M&A’s and further intensifying the competition in the freight forwarding market. The government is also developing Free Zones near KSA airports which are aimed to attract foreign businesses by relaxed licenses & taxation policies, thus increasing more foreign investments in the country.

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 KSA Logistics Market. The report covers various aspects including the current market size and warehousing space, its segmentations viz, by Fleet Operators, FTL/LTL, End Users, Warehousing Business Model, End Users and Regional Analysis, major trends and development, issues and challenges, government regulations and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and warehousing space.

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

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTA3NzEz

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
  • Overview of KSA
  • Saudi Arabia Dry Logistics and Warehousing Market
  • 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

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Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-9015378249

Friday, February 4, 2022

KSA Transportation and Warehousing Market Size and Research 2022, CAGR Status, Growth Analysis by Countries, Development Factors and Business Strategies till 2025: Ken Research

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.

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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

India Logistics Market Outlook To FY24–Driven By Government Infrastructure Push, New Age Logistics Startups, And Technology Innovation

UAE Cold Chain Market Outlook To 2025 – By Cold Storage (Ambient, Chilled And Frozen Warehousing) And Cold Transport (Land, Sea And Air), By End User (Dairy Products, Meat And Seafood, Pharmaceuticals, Fruits And Vegetables And Others) And By Ownership (Integrated And Contract Logistics)

Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249