Gurugram, India, Feb. 25, 2021 (GLOBE NEWSWIRE) --
- The Seaport Authority have started an EDI platform for recording all the Import, Export and transshipment Transactions by all logistics Companies in KSA. This is expected to Streamline the process of sea freight by Automation
- The Government is spending SAR 135 Bn for transport Infrastructure in Next 11 years including Rail freight for cheaper mode of transportation for Bulky Goods
- Due to Covid, Online retailing and E commerce is getting extremely Popular in KSA and is expected to flourish in next 5-10 years
Infrastructural Advancement: Government is introduced trade zones such as Jizan Economic city with additional Duty Exemptions, Subsidies and Benefits, New infrastructure such as Jazan Airport, Neom Airport, SPARK zone, expansion in the Red Sea Gateway Terminal (RSGT), Introduction of commercial routes linking Seaports and airports to transport and re-export goods are few of initiatives by government to expand KSA logistics Operations making it a global transshipment hub aligned to National Logistics Policy.
Increasing scope of Retail and E commerce logistics: KSA Government opened the retail and wholesale sectors to 100% foreign ownership and has launched a large privatization programme. This is primarily done to reduce the Oil Revenues dependency and expansion to other sectors aligned with Vision 2030. Due to COVID, People prefer online purchases more than Physical visit to the stores making E- Commerce and online retailing quite popular in KSA. Big retailers for instance, Carrefour and Abu Dawood reported surge in online sales of up to 200-300% in 2020 and further expect an escalating growth trajectory in the long-term.
Advancement in Technology: Technologies such as GPS tracking, RFID Tags and control towers are still not very popular in Saudi Arabia and are used by companies with additional costs as per the Client requirements. Other upcoming technologies include real time fuel management system, Platooning, ASRS, warehousing management system, cargo management systems and communication and information systems such as EDI which can be used to reduce paperwork and minimize time taken for compliance procedures.
Analysts at Ken Research in their latest publication " Competition Benchmarking of Top Logistics Players in KSA in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics” believe that the Logistics Market in Saudi Arabia is expected to grow due to Automation of Import Export Procedures on Seaports reducing congestion ad Clearance time, Introduction of new Airports and Economic Cities for logistics Operations in Saudi Arabia
Key Target Audience:
- Freight Forwarding Companies
- E Commerce Logistics Companies
- 3PL Companies
- Consultancy Companies
- Logistics/Warehousing Companies
- Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:
- Historical Period – 2015-2019
- Forecast Period – 2019-2025F
Companies Mentioned:
- Bahri logistics
- Saudi Post
- NAQEL Express
- Kuehne Nagel
- Almajdouie logistics
- DHL Express
- Fedex Express
- Al Ayed Transport
- SMSA Express
- Tamer logistics
- BAFCO shipping and Logistics
- DB Schenker
- Agility
- JAS Worldwide
- Kanoo Terminal Services
- LSC warehousing and logistics
- Hala Supply Chain
- Namma Cargo
- Wared logistics
- Al Rashed transport
- UPS
- Kerry logistics
- Mubarrad transport
- Hellman logistics
- OCSCL Shipping and Logistics
- Al karsf
- SMT logistics
- Saudi Lana logistics
- Fourwinds logistics
- Takhzeen
- NTF cargo
- Alpha Cargo
- GAC
- Platinum Shipping and Logistics
Key Topics Covered in the Report
- Saudi Arabia logistics Market size by Revenues
- Saudi Arabia logistics Market Segmentation By type of Service (Freight Forwarding, warehousing, Courier, Express and parcel Market and Value added services) By Revenues
- Market Segmentation by Modes of Freight (Including Domestic and International Cargo travelled for each Mode of freight, FTK travelled, Price per ton per kilometer)
- Market size of Warehousing (Revenue, Total warehousing Space Average Occupancy, Revenues, Average Price per sqm per Month)
- Warehousing Space by Type of Entity (Real estate companies, Logistics Companies, Captive Companies)
- Warehousing Space by Type of Warehouses ( Industrial/ Retail, Agricultural, Cold Storages, ICD/CFS)
- Courier, Express and Parcel Market ( Domestic/ International Revenues, Average Price per Domestic and International Shipments, Total Domestic/ International Shipments)
- E commerce logistics Market size in Saudi Arabia
- Top Companies dealing in each Service and Sub Service (Land freight, Sea freight, Air freight By Volume, warehousing companies by warehousing Space, Express companies by International/ Domestic Revenues)
- Top Companies by revenues dealing in each Vertical ( E commerce, Retail , Oil and Gas and Pharma logistics)
- Market Share of Logistics Companies in KSA By Service Mix and By Each Industry Verticals
- Competition Analysis of Major Logistics Players in KSA by Revenues
- Competition Analysis of Major Logistics Players in KSA ( including Volume, Average warehousing Space, Fleets, Average Occupancy rate, Network, Client Retention, Industries catered, Services offered, Technology, Certifications, Strength)
For more information on the research report, refer to below link:
Saudi Arabia Automotive & Spare Parts Logistics Market Outlook to 2025: Lifting of Ban on Female Drivers and Growing Aftermarket for Spare Parts to Influence Market Growth
Saudi Arabia Pharmaceutical Logistics Market Outlook to 2025: Rising Demand for Pharmaceutical Drugs and Government Support to Healthcare Will Drive Market Growth
Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249