GCC Freight and Logistics Market Trends, Share, Size, Revenue, Competition and Future Outlook
GCC Freight and Logistics Market Growth, Size, Trend Analysis- By End User Industry, By Logistics Function- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: AMIN24245 | Pages: 1 - 159 | Formats*: |
| Category : Automotive & Transportation | |||
GCC Freight and Logistics Market Introduction and Overview
According to SPER Market Research, the GCC Freight and Logistics Market is estimated to reach USD 132.98 billion by 2033 with a CAGR of 6.56%.
The report includes an in-depth analysis of the GCC Freight and Logistics Market, including market size and trends, product mix, applications, and supplier analysis. The methods, procedures, and services involved in moving items from one place to another are referred to as Freight and logistics. Logistics includes the more comprehensive planning, execution, and control of these transportation procedures, whereas freight deals with the actual products being transported. According to research, supply chain optimisation, warehousing management, inventory control, and on-time delivery are all essential components of efficient logistics. By cutting expenses, speeding up transportation, and raising customer satisfaction, the logistics sector contributes significantly to international trade. Depending on time and cost restrictions, Freight and logistics frequently use multimodal transport options, such as air, sea, rail, and road. Logistics is progressively incorporating emerging technologies, such as IoT and AI, to improve operational efficiency and transparency.
- March 2024: With the opening of a new regional office in Riyadh, Aramex has increased its footprint in Saudi Arabia. This will help the company better serve both new and existing companies in the region, improve the Kingdom's logistics infrastructure, and help achieve Vision 2030's objective of making Saudi Arabia a global logistics hub.
- January 2024: To further its decarbonisation solutions, Kuehne + Nagel has unveiled its Book & Claim insetting solution for electric vehicles. For Kuehne + Nagel, creating Book & Claim insetting systems for road freight was a top strategic objective. When it is not feasible to physically deliver their goods on electric trucks, customers that utilise Kuehne + Nagel's road transport services can now claim the carbon reductions of these vehicles.
Market Opportunities and Challenges
Opportunities- Alternative fuels, electric cars, and environmentally friendly packaging are just a few of the eco-friendly alternatives that logistics companies may offer as a result of the growing emphasis on sustainability and environmental responsibility. Green logistics services are becoming more and more in demand as businesses and consumers grow more environmentally concerned. The development of technology that improve shipment tracking and monitoring is also being driven by the growing demand for real-time visibility and transparency within supply chains. Logistics firms may now offer value-added services that increase customer satisfaction thanks to this trend. Additionally, route optimisation, demand forecasting, and better decision-making are made possible by developments in data analytics and artificial intelligence (AI), which are transforming logistics operations and enhancing efficiency and responsiveness in the dynamic logistics environment.
Challenges- Significant expenses are incurred by freight and logistics operations from a variety of sources, such as labour, fuel, maintenance, and technological expenditures. Labour shortages and fluctuating fuel prices present difficulties that might have an immediate effect on a business's productivity and profitability. Even though technology offers opportunities for increased efficiency and cost reduction, putting new systems in place can be difficult and costly. These transitions are made more difficult by organisational resistance to change and the requirement for qualified personnel to operate and manage cutting-edge technologies. Logistics providers are also under increasing pressure to implement sustainable practices and lower carbon emissions, which entails large expenditures in environmentally friendly methods and technologies, raising overall prices. The long-term viability of goods and logistics operations depends on striking a balance between these needs and cost effectiveness.
Market Competitive Landscape
The GCC Freight and Logistics Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Al Madina Logistics, Al-Futtaim Logistics, Almajdouie, Aramex, Asyad, Bahri, DB Schenker, DHL Group, DP World, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By End User Industry, By Logistics Function. |
| Regions covered | Qatar, Saudi Arabia, UAE, Rest of GCC. |
| Companies Covered | Al Madina Logistics, Al-Futtaim Logistics, Almajdouie, Aramex, Asyad, Bahri, DB Schenker, DHL Group, DP World, Others. |
COVID-19 Impact on GCC Freight and Logistics Market
The GCC freight and logistics market was significantly impacted by the Covid-19 outbreak. Supply networks were disrupted by lockdowns and restrictions, which had an impact on the flow of supplies and goods. The movement of raw materials and completed items was hampered by manufacturing closures and slowdowns in different locations. Transportation modes were impacted by lockdowns, movement restrictions, and decreased air traffic. Trucking and maritime transportation experienced delays and port congestion, while air cargo saw lower capacity as a result of fewer passenger flights. The industry as a whole adopted improved health and safety protocols, such as social distancing guidelines and sanitisation practices. The pandemic hastened the integration of digital technologies in logistics, like as digital freight platforms, remote work options, and data analytics for operations optimisation and disruption management.
Key Target Audience:
- Retailers
- Manufacturers
- E-commerce companies
- FMCG companies
- Third-party logistics (3PL) providers
- Government agencies
- Construction companies
- Oil and gas companies
- Automotive companies
- Healthcare and pharmaceutical companies
Our in-depth analysis of the GCC Freight and Logistics Market includes the following segments:
| By End User Industry: | |
| By Logistics Function: |
Key Topics Covered in the Report:
- GCC Freight and Logistics Market Size (FY’2024-FY’2033)
- Overview of GCC Freight and Logistics Market
- Segmentation of GCC Freight and Logistics Market by End User Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others)
- Segmentation of GCC Freight and Logistics Market by Logistics Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, Other Services)
- Statistical Snap of GCC Freight and Logistics Market
- Expansion Analysis of GCC Freight and Logistics Market
- Problems and Obstacles in GCC Freight and Logistics Market
- Competitive Landscape GCC Freight and Logistics Market
- Impact of COVID-19 and Demonetization GCC Freight and Logistics Market
- Details on Current Investment in GCC Freight and Logistics Market
- Competitive Analysis of GCC Freight and Logistics Market
- Prominent Players in the GCC Freight and Logistics Market
- SWOT Analysis of Germany Haying and Forage Machinery Market
- GCC Freight and Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the GCC Freight and Logistics Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. GCC Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in GCC Freight and Logistics Market
7. GCC Freight and Logistics Market, By End User Industry (USD Million) 2020-2033
7.1. GCC Freight and Logistics Market Size, Share and Forecast, By End User Industry, 2020-20267.2. GCC Freight and Logistics Market Size, Share and Forecast, By End User Industry, 2027-20337.3. Agriculture, Fishing and Forestry7.4. Construction7.5. Manufacturing7.6. Oil and Gas, Mining and Quarrying7.7. Wholesale and Retail Trade7.8. Others
8. GCC Freight and Logistics Market, By Logistics Function (USD Million) 2020-2033
8.1. GCC Freight and Logistics Market Size, Share and Forecast, By Logistics Function, 2020-20268.2. GCC Freight and Logistics Market Size, Share and Forecast, By Logistics Function, 2027-20338.3. Courier, Express and Parcel8.4. Freight Forwarding8.5. Freight Transport8.6. Warehousing and Storage8.7. Other Services
9. GCC Freight and Logistics Market Forecast, 2020-2033 (USD Million)
9.1. GCC Freight and Logistics Market Size and Market Share
10. GCC Freight and Logistics Market, By Region, 2020-2033 (USD Million)
10.1. GCC Freight and Logistics Market Size and Market Share By Region (2020-2026)10.2. GCC Freight and Logistics Market Size and Market Share By Region (2027-2033)10.3. Qatar10.4. Saudi Arabia10.5. UAE10.6. Rest of GCC
11. Company Profile
11.1. Al Madina Logistics
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Al-Futtaim Logistics
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Almajdouie
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Aramex
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Asyad
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Bahri
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. DB Schenker
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. DHL Group
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. DP World
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
You can get the sample pages by clicking the link - Click Here
GCC Freight and Logistics Market size is USD 132.98 billion from 2024 to 2033.
GCC Freight and Logistics Market is covered By End User Industry, By Logistics Function.
The Middle East is anticipated to have the highest Market share in the GCC Freight and Logistics Market.
The key players in the Market include Companies Covered Al Madina Logistics, Al-Futtaim Logistics, Almajdouie, Aramex, Asyad, Bahri, DB Schenker, DHL Group, DP World, Others.
The methods, procedures, and services involved in moving items from one place to another are referred to as Freight and logistics. Logistics includes the more comprehensive planning, execution, and control of these transportation procedures, whereas freight deals with the actual products being transported.
GCC Freight and Logistics Market is projected to reach USD 132.98 billion by 2033, growing at a CAGR of 6.56% during the forecast period.
GCC Freight and Logistics Market grew in Market size from 2024. The Market is expected to reach USD 132.98 billion by 2033, at a CAGR of 6.56% during the forecast period.
GCC Freight and Logistics Market CAGR of 6.56% during the forecast period.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
