KSA Automotive Industry | KSA Automotive Market | Covid-19 Impact on KSA Automotive Industry: Ken Research KSA Automotive Industry: Overview & Ecosystem Kingdom of Saudi Arabia, currently enjoys a strategic position in terms of geography & development of industries with growing economy & improving trade participation in the world. Their automotive industry provides opportunity of high growth with the absence of domestic manufacturing & core dependence on imports for domestic vehicle… Read More »
KSA Automotive Industry Showing Promising Growth of ~12% (2014-2019) Via Efforts of Domestic Dealers Helping in Promoting OEM Brands by Local Retail Network: Ken Research Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in… Read More »
KSA Automotive Industry Outlook to 2025: Ken Research The report titled “KSA Automotive Industry Outlook to 2025 – Focus on Technology Adoption & Trends for Dealers, Distributors, Spare Parts Suppliers, Fleet and Leasing Companies and Car service providers” observed that the there is a vast opportunity to disrupt the traditional & conservatively operating automotive Industry in the Kingdom of Saudi Arabia. The report… Read More »
Saudi Arabia Dry Logistics and Warehousing Market, Saudi Arabia Dry Logistics and Warehousing Industry: Ken Research How Much is the Current Penetration of Dry Logistics Market in Overall Logistics Market? Saudi Arabia dry logistics and warehousing market showcased a volatile growth trajectory. Dry logistics revenue stood at SAR ~ Billion in 2019 and further declined at a CAGR of ~% during 2015-2019 due to oil price shock further leading to an… Read More »
Saudi Arabia Automotive And Spare Parts Logistics Market Driven by Rising Local Manufacturing of Automotive and Government Initiatives to Boost the Non-Oil Industries in Saudi Arabia: Ken Research “Amplified demand for Passenger Vehicles from Women Drivers supporting the growth of Automotives and Spare Parts Logistics Market in Saudi Arabia.” Surge in manufacturing / industrial activities, rising domestic consumption contributing to the growth of warehousing market: Surge in manufacturing of automotives and spare parts in Saudi Arabia and ease in government regulations have collectively influence… Read More »
Saudi Arabia Automotive And Spare Parts Logistics Market Outlook to 2025: Ken Research The report titled “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” provides a comprehensive analysis of automotive & spare part logistics market in Saudi Arabia. The report focuses on overall market size in terms of revenue generated by… Read More »
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… Read More »
Growth in Pharmaceutical Demand to Support Logistics Market, Albeit High Compliance & Certification Requirement and Shortage of Warehousing Facilities: Ken Research “Surging chronic and lifestyle-related diseases in KSA and amplified imports of pharma products driving the growth of the pharma logistics market in Saudi Arabia.” Rising Population to Lead to an Increased Demand for Pharma Products: KSA has an estimated population of ~33 million in 2019, which is expected to double, reaching 77.2 million by 2050, growing… Read More »
Saudi Arabia Pharmaceutical Logistics Market Outlook to 2025: Ken Research The report titled “Saudi Arabia Pharmaceutical Logistics Market Outlook to 2025: Rising Demand for Pharmaceutical Drugs and Government Support to Healthcare Will Drive Market Growth” provides a comprehensive analysis of the pharma logistics market in Saudi Arabia. The report focuses on overall market size in terms of revenue generated by pharma logistics companies; Saudi Arabia pharma logistics… Read More »
In-Depth Analysis of the COVID-19 Impact on the Saudi Dry Logistics and Warehousing Market: Ken Research COVID-19 outbreak is impacting global transportation, shipping and ports across the world with Saudi Arabia being no exception. The Kingdom of Saudi Arabia closed all land borders for people travelling between the cross-border countries such as Kuwait, UAE & Bahrain. However, the restriction did not apply to commercial vehicles carrying commercial goods, which are subject… Read More »
