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

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“Growth in the E-commerce sector and increasing demand for Industrial and Retail warehousing has driven the Warehousing market in Saudi Arabia”

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:-

Saudi Arabia Warehousing Market Outlook

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Kuwait Warehousing Market Outlook To 2022 - By Business Model (Industrial Freight/ Retail, Container Freight, Cold Storage, Agricultural Warehousing) By End Users (Food And Beverages, Chemicals, Electronics, Pharmaceuticals, E-Commerce, Consumer Durables And Others)

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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Saudi Arabia Warehousing Market Outlook to 2023: Ken Research

Buy Now

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” provides a comprehensive analysis of the Warehousing Market in Saudi Arabia.

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:-

Saudi Arabia Warehousing Market Outlook

Related Reports by Ken Research:-

Qatar Logistics and Warehousing Market Outlook to 2023 - By Sea, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing; By Express Logistics and E-commerce Logistics

Kuwait Warehousing Market Outlook To 2022 - By Business Model (Industrial Freight/ Retail, Container Freight, Cold Storage, Agricultural Warehousing) By End Users (Food And Beverages, Chemicals, Electronics, Pharmaceuticals, E-Commerce, Consumer Durables, And Others)

Indonesia Logistics And Warehousing Market Outlook To 2023 - Driven By Infrastructure Spending For Airport And Seaports Albeit By Poor Existing Road Network

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249