Future Growth of Saudi Arabia Logistics Market: Ken Research

Saudi Arabia logistics and warehousing market showcased a volatile growth with a strong dip in Revenues in 2016-2017 due to Oil Prices Slump in KSA. The logistics revenue stood at SAR ~ Billion in 2019 and further declined during 2020 due to Pandemic Situation in KSA. Saudi Arabia is located at the crossroads of a significant… Read More »

Saudi Arabia Logistics Market is driven by Increase in Demand for Oil & Gas Exports majorly by sea and Flourishing Retail and E-Commerce sector due to Changing Consumer Behavior: Ken Research

Shift towards Non-Oil Sector: Saudi Arabia possesses around 17% of the world’s proven petroleum reserves. The oil and gas sector accounts for about 50% of gross domestic product, and about 70 % of export earnings. Non-oil manufacturing growth is facilitated by the launch of the National Industrial Development and Logistics Program (NIDLP) in Jan 2019 by KSA government who is willing to spent SAR 100… Read More »

KSA Logistics industry Research Report: Ken Research

Logistics industry in KSA is one of the major logistics markets in the world after UAE and is expected to be the next transhipment hub for Asian, African and European countries, given the favorable location of KSA. Growth in the industry has been stimulated due to the high ease of doing business and ranked 89th position in… Read More »