With Massive Ports, Huge Railway Networks and Exports/Imports Reaching New Milestones, KSA Logistic Market is anticipated to grow at the rate of 5% during the tenure 2022-2026: Ken Research 1. “The growth plan:” KSA is planning to invest more than ~USD 100 Bn in its transportation & logistics infrastructure as a part of Vision 2030, resulting in comprehensive nationwide network over the coming years. Future Trends in KSA Logistics Market The government of KSA is planning to planning to invest more than ~USD 100… Read More »
Major Government Initiatives Helped the KSA Logistics Market Generate Over USD 15 Bn in 2020; How Significant Are These Plans? KSA Vision 2030 along with major infrastructural projects to help the KSA Overall Logistics Market to grow at a CAGR of over 6.5% by 2020-2025, as per the findings by Ken Research 1.KSA Government has invested more than USD 100 Bn in its transportation & logistics infrastructure as a part of Vision2020, resulting in comprehensive… Read More »
3 Tailwinds That Will Make KSA Overall Logistics Market to Generate Over USD 25 Bn by 2025. Is the Growth Sustainable? Overall Logistics Market Revenue in the KSA is expected to generate over USD 25 Bn by 2025, owing to Growing infrastructure investments in the country, as per the findings by Ken Research 1.Saudi Arabia is Emerging as a Logistics Hub Due to Its Proximity to 3 Major Regions Having Competitive Cost Advantage Due to Favorable… Read More »
Major Government Initiatives Helped the KSA Logistics Market Generate Over USD 15 Bn in 2020; How Significant Are These Plans? KSA Vision 2030 along with major infrastructural projects to help the KSA Overall Logistics Market to grow at a CAGR of over 6.5% by 2020-2025, as per the findings by Ken Research 1. KSA Government has invested more than USD 100 Bn in its transportation & logistics infrastructure as a part of Vision2020, resulting in… Read More »
KSA E-Commerce Logistics and Warehousing Market are expected to generate ~ $2 Bn in revenue terms by 2026F owing to Entrance of Major Retailers in KSA: Ken Research Expansion in internet services (~98% internet penetration in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce logistics industry in KSA. Number of e-commerce shipments in KSA increased from 2021 to 2026, owing to KSA’s internet infrastructure, youthful, tech-savvy population and rising mobile/broadband penetration rates. Majority… Read More »
E-Commerce Orders Deliveries growing at CAGR of 18.6% (2021-2026F) with Increasing Number of Online Shoppers & Entrance of Major Retailers in KSA KSA E-commerce is expected to generate $20 Bn by 2025, mainly driven by the demands of growing internet penetration, demanding easier access to goods and services The advent of players offering last-mile delivery options has allowed retailers to improve e-com logistics to support growth and scale. Furthermore, KSA has an internet penetration rate of 98%… Read More »
KSA E-Commerce Logistics and Warehouse Market Outlook to 2026F: Ken Research Tech Savvy Consumers: Expansion in internet services and smart phone penetration coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in KSA. KSA has more than 34.5 Mn internet users and about 72% of 15-64 -year-old internet users spend more than 7 hours. Existing Strong… Read More »
