Showing posts with label Saudi Arabia Warehousing Industry Research Report. Show all posts
Showing posts with label Saudi Arabia Warehousing Industry Research Report. Show all posts

Thursday, May 23, 2019

Saudi Arabia Warehousing Market is Driven by Rising Demand of Warehousing Services Fuelled by Increasing Domestic Consumption and Expansion in International Trade: Ken Research

“Growth in the E-commerce sector and increasing demand for Industrial and Retail warehousing has driven the Warehousing market in Saudi Arabia”
Saudi Arabia Warehousing Market
The report titled Saudi Arabia Warehousing Market Outlook to 2023 - By Business Model (Industrial/Retail, Container Freight/Inland Container Depot and Cold Storage), By End Users (Consumer Retail, Food and Beverages, Healthcare, Automotive and Others) and E-Commerce Warehouses” believe that the warehousing market in Saudi Arabia has been increasing largely due to growth in the retail sector, an increase in manufacturing activity in the country and expansion in international trade. The market is expected to register a positive CAGR of 4.1% in terms of revenue during the forecasted period 2018-2023E.
Emergence as a Transhipment Hub: Saudi Ports Authority signed a long-term memorandum-of-understanding (MoU) with Saudi Industrial Services Co (SISCO) to expand Red Sea Gateway Terminal (RSGT) at Jeddah Islamic Port (JIP) which will bolster the aim of turning Jeddah into a transhipment hub for the Middle East. Saudi Arabia has emerged as a transhipment hub for goods which will increase customer’s demand for modern warehouse solutions at cheaper costs in the country.
Rising Foreign Direct Investment: The country undertook economic diversification and opened doors to industrial, retail and logistics players by allowing 100.0% FDI ownership in the year 2018. Majority of the international players who are seeking industrial premises in the kingdom requires large warehousing space however, owing to a limited supply of state-of-the-art warehousing facilities; they prefer leasing land and constructing facilities in accordance with their needs and preferences. In addition, the increasing digitization is paving way for automated warehousing technologies, ASRS and several other advanced techniques of warehousing in the country.
Rising Number of Logistics Players: The growing logistics market of Saudi Arabia is simultaneously witnessing an increasing number of new players and existing players expanding their current level of operations. For instance, Wared Logistics has started the first of a series of temperature controlled warehouses mid-2012. Also, the logistics chain of UAE, Al Futtaim began with the operations of its second warehousing facility in Riyadh in July 2018, by scaling up the local distribution centre with the total warehousing space of 15,000 Sqm.
Key Segments Covered:-                    
By Business Model
Industrial/Retail
Cold Storage
Container Freight/Inland Container Depot
By Type of Warehouses
Closed Temperature Controlled Warehouses
Closed Non-Temperature Controlled Warehouses
Cold Storage
Open Yards
By End Users
Consumer Retail
Food and Beverages
Healthcare
Automotive
Others
By Cities
Jeddah
Riyadh
Dammam
Others
By Ownership
Owned Warehouse
Third Party Logistics (3PL) Warehouses
Key Target Audience
Warehouse Companies
Logistics Companies
Trading Companies
Real Estate Companies
Construction Companies
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023
Companies Covered:-
LSC Logistics
Agility Logistics
Almajdouie Logistics
Mosanada Logistics
Tamer Logistics
BAFCO International Logistics and Shipping
Hala Supply Chain Services
United Warehouse Company Limited
Wared Logistics
Takhzeen Logistics
Etmam Logistics (Shahini Group)
Aramex
Khaden Logistic
Panda Retail Company
Keywords:-
Saudi Arabia Warehousing End Users Market
Saudi Arabia Warehousing Industry Services
Owned Warehouses Market Saudi Arabia
3PL Warehouses Saudi Arabia
3PL Services in Saudi Arabia
Third Party Logistics Companies Saudi Arabia
Saudi Arabia Business Model Warehouses
Saudi Arabia Industrial Warehouses Market
Saudi Arabia Retail Warehouses Market
Saudi Arabia Warehouse Robotics Market
Riyadh Warehouse Market Size
Dammam Warehouse Market Revenue
Saudi Arabia LSC Logistic Services Market
Saudi Arabia Agility Logistics Market
Saudi Arabia Almajdouie Logistic Market
Saudi Arabia Mosanada Logistics Services
Saudi Arabia Warehousing Industry Trends
Saudi Arabia Warehousing Market Projections
For more information, refer to below link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Saudi Arabia Warehousing Market Outlook to 2023: Ken Research

Saudi Arabia Warehousing Market
The report covers various aspects including an overview and market size, market segmentation, value chain analysis, strength and the weakness of major players, heat map, competitive landscape, market share of major players in Warehousing market. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.
Market Overview and Size
Warehousing Market in Saudi Arabia is at the growth stage. Saudi Arabia is emerging as a transshipment hub and customers are demanding modern warehouse solutions at cheaper costs. Along with warehousing services, Logistic Service Providers (LSPs) offer value-added services such as grading, packing, and container stuffing to stay competitive. Moreover, in the review period 2013-2018, the Saudi Arabia warehousing market has increased at a positive CAGR largely due to growth in the E-commerce sector, rising foreign direct investment and increasing demand from industrial and retail sector for warehousing.
Saudi Arabia Warehousing Market Segmentation
Business Model (Industrial/Retail, Cold Storage and Container Freight/Inland Container Depot): The industrial/retail warehousing dominated the overall Saudi Arabia Warehousing Market in terms of revenue in the year 2018. Increasing demand for packed food and beverages from consumers has helped retail warehouses to realize better revenues. Cold storage contributed the second highest share in revenue, whereas Container freight/Inland Container Depot accounted for the remaining revenue share in the overall Saudi Arabia Warehousing market.
By Type of Warehouses (Closed Temperature Controlled Warehouses, Closed Non-Temperature Controlled Warehouses, Cold Storage and Open Yards):
Closed (temperature controlled) warehouse segment was observed as the leading segment in the Saudi Arabia warehousing market in terms of generating revenue. This was followed by cold storage, open yards and closed non-temperature controlled warehouses respectively.
By End Users (Consumer Retail, Food and Beverages, Healthcare, Automotive, and Others): In Saudi Arabia Warehousing market, consumer retail was analyzed to account majority share in terms of revenue in the year 2018. The robust output of FMCG sector has positively impacted consumer retail business in Saudi Arabia which has increased the demand for warehouses in the country. Food and Beverages sector accounted for the second highest revenue share which is followed by Healthcare, Automotive, and Other sectors respectively.
By Cities (Jeddah, Riyadh, Dammam, and Others): Jeddah accounted for the largest share in terms of generating the revenue for the warehousing market of Saudi Arabia in 2018. This is due to better infrastructure, easy availability of manpower and well-developed ports that have helped augment international trade. On the other hand, Riyadh accounted for the second highest revenue share, Dammam accounted for the third highest share in revenue and the remaining revenue share is accounted by others (Khobar, Medina, Tabuk, and several others).
By Ownership (Owned and Third Party Logistics (3PL) Warehouses):
In Saudi Arabia warehousing market, owned warehouses accounted for the largest share in generating revenue for the market. This is majorly due to owned warehouses aid in having better control over operations and these warehouses tend to have world-class facilities which help them in providing the space on lease. On the other hand, Third Party Logistics (3PL) accounted for a mere revenue share.
Competitive Landscape
Competition in Saudi Arabia Warehousing Market is highly fragmented. LSC Logistics is the market leader with the highest market share on the basis of warehousing space. This was followed by Agility Logistics, Almajdouie Logistics, Mosanada Logistics, and Others. Companies were observed to compete with each other on the basis of parameters such as warehousing space, types of warehousing options and the provision of another value-added service.
Saudi Arabia Warehousing Market Future Outlook
In the future, it is anticipated that Saudi Arabia Warehousing market in terms of revenue will increase at a positive CAGR during the period 2018-2023E. Positive growth in the market is attributed to the rise in manufacturing activity, burgeoning international trade, rising domestic consumption and the easing of government regulations. Additionally, increasing adoption of warehouse automation technologies such as EDI, RFID, Human-Centric Designs and Drones are expected to improve the operational efficiency of Saudi Arabia Warehousing Market in the forecast period of 2018-2023E.
Key Segments Covered:-
By Business Model
Industrial/Retail
Cold Storage
Container Freight/Inland Container Depot
By Type of Warehouses
Closed Temperature Controlled Warehouses
Closed Non-Temperature Controlled Warehouses
Cold Storage
Open Yards
By End Users
Consumer Retail
Food and Beverages
Healthcare
Automotive
Others
By Cities
Jeddah
Riyadh
Dammam
Others
By Ownership
Owned Warehouse
Third Party Logistics (3PL) Warehouses
Key Target Audience
Warehouse Companies
Logistics Companies
Trading Companies
Real Estate Companies
Construction Companies
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023
Companies Covered:-
LSC Logistics
Agility Logistics
Almajdouie Logistics
Mosanada Logistics
Tamer Logistics
BAFCO International Logistics and Shipping Co
Hala Supply Chain Services
United Warehouse Company Limited
Wared Logistics
Takhzeen Logistics
Etmam Logistics (Shahini Group)
Aramex
Khaden Logistic
Panda Retail Company
Key Topics Covered in the Report:-
Executive Summary
Research Methodology
Saudi Arabia Warehousing Market Overview and Genesis
Saudi Arabia Warehousing Market Size, 2013 - 2018
Saudi Arabia Warehousing Market Segmentation, 2018
Saudi Arabia Warehousing Market Segmentation by Business Model, 2018
Saudi Arabia Warehousing Market Segmentation by Type of warehouse, 2018
Saudi Arabia Warehousing Market Segmentation by End Users, 2018
Saudi Arabia Warehousing Market Segmentation by Cities, 2018
Saudi Arabia Warehousing Market Segmentation by Ownership, 2018
Saudi Arabia Warehousing Market Regulatory Framework
Competitive Landscape in Saudi Arabia Warehousing Market
Shares and Company Profiles of Major Players in the Market
Saudi Arabia Warehousing Market Future Outlook and Projections, 2018-2023E
Analyst Recommendations for Saudi Arabia Warehousing Market
For more information, refer to below link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249