Future of Saudi Arabia Pharma logistics market Growth: Ken Research

How The Saudi Arabia Pharma Logistics Market Is Positioned?

Saudi Arabia Pharma logistics market showcased a volatile growth trajectory. Pharma logistics revenue stood at USD ~ Million in 2019 and further grew at a CAGR of ~% during 2014-2019. The market witnessed a downfall during 2016-2017 due to oil price shock further leading to an economic slowdown. The pharma industry in Saudi Arabia is majorly dependent on the imports from various countries. Saudi Arabia’s Vision 2030 and the NTP’s priorities for job creation and economic diversification provided a strong incentive for both the private and public sector to develop the life sciences industry in general, and pharmaceuticals. The Saudi Arabian Government’s attempts to reduce its dependence on oil and increase inward investment through its Vision 2030 economic policy has allowed 100% FDI in the pharma sector boosting the growth of the market.

Import value of pharma was observed to grow from USD ~ Million in 2016 to USD ~ Million in 2019, whereas, the export value for pharma was observed to decline from USD ~ Million in 2016 to USD ~ Million in the year 2019 respectively. Development in infrastructure facilities coupled with government initiatives has collectively improved the capacity of the ports during 2016-2018.

Large investments in road infrastructure under Saudi Vision 2030, a 680 Km Saudi-Oman highway and the UAE-Saudi Mafraq-Ghuwaifat International Highway underway. The government of Saudi Arabia is working on new multi-mode logistic stations and two new railway lines to link GCC countries in the east & Yanbu-Jeddah in the west.

Saudi Arabia Pharma Logistics Market Segmentation

By Service Mix (Freight Forwarding, Warehousing and Value-Added Services)

The logistics industry is fragmented with few players majorly focusing on the pharma end users. Large numbers of pharma companies are having their own warehouses and fleet for transportation and avoid outsourcing the logistics services. The warehousing segment of the pharma logistics market is the biggest contributor to growth in this sector and was observed to dominate with a market share of ~% in 2019. The market size for warehousing segment of pharma logistics market was recorded at USD ~ million in 2019. The cities of Jeddah and Riyadh have been the most populous cities in the kingdom. These cities also account for most of the industrial areas consisting of large number of pharma companies, indicate a high demand for warehousing services. Value added services in pharma logistics market include packaging, custom clearance, stickering & labeling, barcoding, sorting, cargo insurance and others

Trade Scenario Within Saudi Arabia Pharma Logistics Market

Majority import for pharma products was observed from Germany, followed by USA, France, Ireland and others.  The UAE dominated the market with majority market share in terms of pharma export value followed by Iraq, Kuwait, Egypt and others.

Key Segments Covered in KSA Pharma Logistics Market: –

By Service Mix

Freight Forwarding

Warehousing

Value Added Services

KSA Pharma Freight Forwarding Market

By Mode of Freight

Road Freight

Air Freight

Sea Freight

By Type of Transport

Domestic Freight

International Freight

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Type of Delivery

Normal Delivery

Express Delivery

By Flow Corridors

Middle East

European Countries

Asian Countries

Others (North America, South America & Africa Region)

KSA Pharma Warehousing Market

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Cities

Jeddah

Riyadh

Dammam

Others

By Type of Warehouse

Ambient

Cold Storage

Key Target Audience

International Domestic Freight Forwarders

Warehousing Companies

Logistics Consultants

Pharmaceutical Dealers and Distributors

Ministry of Health

Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:

Mosanada Logistics

Oriental Commercial & Shipping Co.

Hala Shipping Services

Gulf System

Abdui Global

Four Winds

KWE Transport

Arabian Transport Co.

SITCO Logistics

Takhzeen Logistics

Agility Logistics

BAFCO International

Wolf Transport

GAC Logistics

JAS Logistics

3 Camel Logistics

Motion Supply Chain

Uniworld Logistics

NTF Logistics

Kerry Logistics

Kamer Logistics

Tranzone Logistics

Starlinks

RIADCO Logistics

Pharma Companies Covered:

Pfizer

Jamjoom Pharma

GSK

Hikma Pharma

Saja Pharma (Tamer Group)

Key Topics Covered in the Report: –

Saudi Arabia Overview and Major Economic & Logistics Zones

Healthcare Infrastructure

Government Initiatives

Economic zones in Saudi Arabia

Logistics Parks in Saudi Arabia

Cross Comparison of Pharma Logistics Market with GCC Countries

Saudi Arabia Pharmaceutical Manufacturing Clusters

End-User Analysis (Pharma)

Saudi Arabia Pharma Logistics Market

Saudi Arabia Pharma Freight Forwarding Market

Saudi Arabia Pharma Warehousing Market

Industry Analysis (SWOT Analysis, Trade Scenario, Regulations for Import & Export)

Covid-19 Impact on the Pharma Logistics Market

Comparative Landscape – KSA Pharma Logistics Market

Comparative Landscape in Saudi Arabia Pharma Market

Recommendations / Success Factors

Research Methodology

Appendix

For More Info on the Research Report, Click on the Below Link: –

Saudi Arabia Pharmaceutical Logistics Market

Related Reports by Ken Research: –

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

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