KSA Freight Forwarding: $18.8B Revenue, 45% from Road Transport by 2025

Key Findings Expansion & Development of its logistics infrastructure such as intermodal connectivity, logistics parks, and ports are expected to create more business opportunities. Strong demand is anticipated for full-fledged integrated distribution centers including logistics facilities, dry storage; cold storage and supporting retail facilities. Rising adoption technological advancements & innovations such as warehouse management system… Read More »

KSA Road Freight Market is highly unorganized and fragmented with presence of 15,000+ players and revenues growing @ 4.7% CAGR (2015-2020): Ken Research

January 2022 | KSA News Saudi Arabia has been putting efforts towards diversifying its economy away from oil, thus embarking on an ambitious path to become the go-to logistics hub for the region. Rise in 3PL: 3PL Companies through dedicated software’s are solving major challenges in customer deliveries such as small drop size, city traffic… Read More »

KSA Logistics & Warehousing Market Growth, Trends & Forecast to 2025

The report titled “KSA Logistics and Warehousing Market Outlook to 2025F– Driven by Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue” provides a comprehensive analysis on the status of the logistics market in KSA. The report covers various aspects including overview of transportation infrastructure, major economic/industrial zones, overall logistics and warehousing market… Read More »

KSA Automotive Industry Set to Grow @ 12% amidst VISION 2030 Program Enabling Domestic Manufacturing & Penetration of Technology Leading to Automation: Ken Research

Chinese carmaker Chery eyes Saudi Arabian market. Despite the repercussions of the pandemic for the automotive sector, Chery witnessed increased demand since the beginning of 2019, as the company launched its latest models designed with more presentable external frames and attractive interior compartments, and equipped with the latest technological features to meet the aspirations of… Read More »

Growth in Trends of KSA Automotive Market Outlook: Ken Research

The automotive industry entails a broad variety of corporates and organization comprised in the design, improvements, manufacturing, marketing and selling of the motor vehicles. It is one of the world’s largest industries by revenue. The country’s automotive segment is powered by the increasing populace, growing disposable income, and comfort of availability of the credit and… Read More »

Future Growth of KSA Automotive Industry Outlook: Ken Research

KSA Aftermarket Service Industry Organized sector of KSA Automotive Aftermarket service dominated the industry in terms of revenue earned in the market. It majorly comprises of agency repair (dealership led) & branded workshops across the country, along with the unorganized segment, comprising of only independent workshops. The procurement of spare parts also differ for all… Read More »

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 »