Expanding E-tail sector and Increase in Import & Export Value will drive the Logistics & Warehousing Market of Saudi Arabia: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Rising e-commerce industry in the country has triggered the demand for logistics and warehousing services in past few years. This has also accelerated the market size of express delivery, as all the companies in e-commerce industry in the country are offering the express delivery services and last mile delivery. Majority of the companies in the country has tie ups with logistic companies to ship their products from ware houses to the end customers. In line with this, Saudi Arabia’s retail sector is booming as the government eases restrictions on foreign investment and rising young population in the kingdom. The country has one of the fastest-growing retail sectors in the world, growing at 11% per annum. The expanding retail industry in the country has majorly attributed to the increase in the market size of the logistic industry of Saudi Arabia with an increased requirement of hyperlocal logistics. The increase in the retail stores, super & hyper marts in the country has triggered the demand for logistics & warehousing space. The rise in demand for freight forwarding services from the factory units to the retail stores has attributed in the market growth of the logistics industry. Trade scenario in a country always tends to have a favorable influence on the country’s logistics sector. The kingdom of Saudi Arabia is the largest economy in the GCC region. It accounts for 25% of the Arab’s GDP. The kingdom has oil based economy with strong government controls over major economy activities. The export of oil to other countries and rising import of different items from other countries to Saudi Arabia has triggered the demand of freight forwarding and warehouse storage in the country. Also, increase in the government support by increasing the capacity of the ports will result in rising demand of logistics & Warehousing industry in the kingdom. Saudi Arabia’s economy is heavily dependent upon the exports of oil products. Petroleum exports accounted for more than 95% of merchandise exports in 2012-2013. Also, they constitute for about 40% of GDP. Total merchandise exports in Saudi Arabia accounted for USD 201.7 billion in 2015. Although total exports grew at a healthy rate during the period 2010-2012, they declined sharply after 2012. Growing exports have played a key role in the growth of logistic industry as ports and airports get huge business owing to logistics. According to Research Analyst, Ken Research, the companies should expand their resources by increasing their fleet and warehousing capacity. Moreover, the companies should focus on regularly updating their warehouse with modern technologies to provide better services to the clients. This will increase the capacity of the company to offer better service to the clients which will positively impact the revenues of the company. Companies should also expand their warehouses to handle the cold storage items. As, in future it has been anticipated that the logistic market will be driven by cold storage segment and hence large warehousing capacity for different temperature zone will be required. The report titled “Saudi Arabia Logistics & Warehousing Market Outlook to 2020 – Expanding Industrial and Retail Activities Supported by Infrastructure Spending to Support Growth” provides detailed overview on the Logistics & Warehousing market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for freight forwarding companies, warehousing companies, Cold chain companies, 3PL companies and express logistics companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future. For more information about the publication, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-logistics-market-report/77655-100.html Related Reports: Philippines Cold Chain Market Outlook to 2020 – Government Initiatives and Rising Consumer Demand for Frozen Food to Foster Future Growth Philippines Logistics Market Outlook to 2020 – Driven by Customized Logistics, E-commerce Activities and Changes in Freight Forwarding UAE Logistics Market Outlook to 2019 – Driven by Infrastructural Investment and Expanding Foreign Trade Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: 3PL Market Overview Saudi Arabia, Agility Market Share Saudi Arabia, Air Express Logistics Market, Air Flow Corridors Saudi Arabia, Aramex Competition Logistics Saudi Arabia, Cargo Handling Market Saudi Arabia, Cold chain Industry Size, Cold Storage Industry Growth, Cold Storage Market Saudi Arabia, Cold Transport Market, Developments Saudi Arabia Logistics, Domestic Freight Forwarding Saudi Arabia, Ecommerce Logistics Industry Saudi Arabia, Express Delivery Market Saudi Arabia, Express logistics Market Key Developments, Future Saudi Arabia Value Added Services, GCC Countries Logistics Market, Ground Express Market, International Freight Forwarding Market, KSA Air Transport Freight Market, Logistics Government Initiatives Saudi Arabia, Market Share 3PL Logistics Companies, MENA Logistics Industry Growth, Saudi Arabia Logistics Market, Saudi Arabia Warehousing Capacity, Sea Flow Corridors Saudi Arabia, Tameem Logistics Saudi Arabia Competition, Third Party Cold Storage Service Providers, Trends Freight forwarding services Saudi Arabia, Value Added Services Logistics Market Saudi Arabia, Wared Logistics Competition Saudi Arabia