Saudi Arabia Road Freight Transport Market Trends, Share, Demand, Revenue and Future Outlook
Saudi Arabia Road Freight Transport Market Growth, Size, Trends Analysis- By Temperature Control, By Product Type, By Distance, By Containerization, By Destination, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: AMIN24246 | Pages: 1 - 111 | Formats*: |
| Category : Automotive & Transportation | |||
Saudi Arabia Road Freight Transport Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Road Freight Transport Market is estimated to reach USD 10.47 billion by 2033 with a CAGR of 5.89%.
The report includes an in-depth analysis of the Saudi Arabia Road Freight Transport Market, including market size and trends, product mix, Applications, and supplier analysis. Road freight transport is the moving of products and commodities by road, employing trucks, trailers, and other vehicles. It is the movement of products from one location to another in Saudi Arabia or across international borders. Road freight transport is an important part of the logistics and supply chain business because it allows items to be moved efficiently in order to meet customer demands and promote economic activity.
- Almajdouie Logistics has signed a strategic collaboration agreement with IRU in October 2023. IRU RoadMasters provides cutting-edge training and evaluation solutions to mobility and logistics operators to help them grow, improve, and manage important employees, particularly commercial drivers.
- Almajdouie Logistics has just expanded its fleet with 30 new Hyundai Xcient trucks, which are outfitted with innovative technologies to promote efficiency and sustainability. Almajdouie Motors Company, the authorized Hyundai Commercial Vehicles distributor in the eastern and northern parts of Saudi Arabia, provided the vehicles in accordance with an existing contract.
Market Opportunities and Challenges
Opportunities: Saudi Arabia's road freight transport market is expanding rapidly due to a number of variables that work together to advance the sector. First, the ongoing growth of the local economy has raised demand for the transportation of goods, which has been a major factor in the growth of the road freight industry. Additionally, businesses are increasingly depending on road transportation for last-mile deliveries as a result of the growing need for rapid and efficient delivery brought on by the broad adoption of e-commerce and online purchasing. Aside from these demand-side reasons, a push for cleaner and more sustainable transportation options has been sparked by increased awareness of environmental issues, which has led to investments in alternative fuels and eco-friendly cars.
Challenges:
- Infrastructure Issues: Despite ongoing infrastructure development, issues including traffic jams, insufficient road systems in some areas, and delays at border crossings can make road freight transport operations less efficient.
- Fuel Price Volatility: Because fuel costs account for a large amount of operational expenses, the road freight transport business is sensitive to price variations. Variations in gasoline prices can have an impact on transportation businesses' profitability and operational costs.
Market Competitive Landscape
The Saudi Arabia Road Freight Transport Market is fragmented, with the top five players accounting for 11.91%. Almajdouie, Kadi Group Holding, Munawla Cargo Co., Rashed Abdul Rahman Al Rashed & Sons Group, and Wared Logistics are the leading competitors in this industry.
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 Temperature Control, By Product Type, By Distance, By Containerization, By Destination, By End User. |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region. |
| Companies Covered | Almajdouie Group, AlRajhi Transport (AlRajhi Group), Al-Rashed Transport, AMC Freight & Logistics, Arabco Logistics, Momentum Logistics, Munawla Cargo Co. Ltd., SMSA Express Transportation Company Ltd., Wared Logistic, Zajil Express. |
COVID-19 Impact on Saudi Arabia Road Freight Transport Market
The Covid-19 pandemic has significantly impacted Saudi Arabia's road freight transport business. While the industry encountered issues such as supply chain interruptions, border closures, and decreased economic activity, it also saw increased demand for vital commodities, medical supplies, and e-commerce logistics. The epidemic has expedited the use of digital technologies and contactless delivery options, influencing the future of the road freight transportation business.
Key Target Audience:
- Logistics and Transportation Companies
- Freight Forwarders
- E-commerce Companies
- Retail and Wholesale Distributors
- Manufacturing and Industrial Sectors
- Construction Companies
- Oil and Gas Companies
- Food and Beverage Companies
- Pharmaceutical and Healthcare Companies
- Agricultural Producers and Exporters
- Government and Regulatory Bodies
- Trade Associations and Industry Groups
- Warehousing and Distribution Centers
- Import and Export Businesses
Our in-depth analysis of the Saudi Arabia Road Freight Transport Market includes the following segments:
| By Temperature Control: | |
| By Product Type: | |
| By Distance: | |
| By Containerization: | |
| By Destination: | |
| By End User: |
Key Topics Covered in the Report:
- Saudi Arabia Road Freight Transport Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Road Freight Transport Market
- Segmentation of Saudi Arabia Road Freight Transport Market By Temperature Control (Controlled, Non-Controlled)
- Segmentation of Saudi Arabia Road Freight Transport Market By Product Type (Liquid Goods, Solid Goods)
- Segmentation of Saudi Arabia Road Freight Transport Market By Distance (Long Haul, Short Haul)
- Segmentation of Saudi Arabia Road Freight Transport Market By Containerization (Containerized, Non-Containerized)
- Segmentation of Saudi Arabia Road Freight Transport Market By Destination (Domestic, International)
- Segmentation of Saudi Arabia Road Freight Transport Market By End User (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others)
- Statistical Snap of Saudi Arabia Road Freight Transport Market
- Expansion Analysis of Saudi Arabia Road Freight Transport Market
- Problems and Obstacles in Saudi Arabia Road Freight Transport Market
- Competitive Landscape in the Saudi Arabia Road Freight Transport Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Road Freight Transport Market
- Details on Current Investment in Saudi Arabia Road Freight Transport Market
- Competitive Analysis of Saudi Arabia Road Freight Transport Market
- Prominent Players in the Saudi Arabia Road Freight Transport Market
- SWOT Analysis of Saudi Arabia Road Freight Transport Market
- Saudi Arabia Road Freight Transport 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 Saudi Arabia Road Freight Transport 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. Saudi Arabia Road Freight Transport Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Road Freight Transport Market
7. Saudi Arabia Road Freight Transport Market, By Temperature Control (USD Million) 2020-2033
7.1. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Temperature Control, 2020-20267.2. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Temperature Control, 2027-20337.3. Controlled7.4. Non-Controlled
8. Saudi Arabia Road Freight Transport Market, By Product Type (USD Million) 2020-2033
8.1. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Product Type, 2020-20268.2. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Product Type, 2027-20338.3. Liquid Goods8.4. Solid Goods
9. Saudi Arabia Road Freight Transport Market, By Distance (USD Million) 2020-2033
9.1. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Distance, 2020-20269.2. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Distance, 2027-20339.3. Long Haul9.4. Short Haul
10. Saudi Arabia Road Freight Transport Market, By Containerization (USD Million) 2020-2033
10.1. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Containerization, 2020-202610.2. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Containerization, 2027-203310.3. Containerized10.4. Non-Containerized
11. Saudi Arabia Road Freight Transport Market, By Destination (USD Million) 2020-2033
11.1. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Destination, 2020-202611.2. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By Destination, 2027-203311.3. Domestic11.4. International
12. Saudi Arabia Road Freight Transport Market, By End User (USD Million) 2020-2033
12.1. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By End User, 2020-202612.2. Saudi Arabia Road Freight Transport Market Size, Share and Forecast, By End User, 2027-203312.3. Agriculture, Fishing and Forestry12.4. Construction12.5. Manufacturing12.6. Oil and Gas, Mining and Quarrying12.7. Wholesale and Retail Trade12.8. Others
13. Saudi Arabia Road Freight Transport Market Forecast, 2020-2033 (USD Million)
13.1. Saudi Arabia Road Freight Transport Market Size and Market Share
14. Saudi Arabia Road Freight Transport Market, By Region, 2020-2033 (USD Million)
14.1. Saudi Arabia Road Freight Transport Market Size and Market Share By Region (2020-2026)14.2. Saudi Arabia Road Freight Transport Market Size and Market Share By Region (2027-2033)14.3. Eastern Region14.4. Western Region14.5. Southern Region14.6. Northern Region
15. Company Profile
15.1. Almajdouie Group
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. AlRajhi Transport (AlRajhi Group)
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Al-Rashed Transport
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. AMC Freight & Logistics
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Arabco Logistics
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Momentum Logistics
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Munawla Cargo Co. Ltd
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. SMSA Express Transportation Company Ltd
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Wared Logistic
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. Zajil Express
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Others
16. Conclusion
17. List of Abbreviations
18. 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
Saudi Arabia Road Freight Transport Market is projected to reach USD 10.47 billion by 2033, growing at a CAGR of 5.89% during the forecast period.
Saudi Arabia Road Freight Transport Market grew in Market size from 2024. The Market is expected to reach USD 10.47 billion by 2033, at a CAGR of 5.89% during the forecast period.
Saudi Arabia Road Freight Transport Market CAGR of 5.89% during the forecast period.
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Saudi Arabia Road Freight Transport Market size is USD 10.47 billion from 2024 to 2033.
Saudi Arabia Road Freight Transport Market is covered By Temperature Control, By Product Type, By Distance, By Containerization, By Destination, By End User.
The Middle East is anticipated to have the highest Market share in the Saudi Arabia Road Freight Transport Market.
The key players in the Market include Companies Covered Almajdouie Group, AlRajhi Transport (AlRajhi Group), Al-Rashed Transport, AMC Freight & Logistics, Arabco Logistics, Momentum Logistics, Munawla Cargo Co. Ltd., SMSA Express Transportation Company Ltd., Wared Logistic, Zajil Express.
Road freight transport is the moving of products and commodities by road, employing trucks, trailers, and other vehicles. It is the movement of products from one location to another in Saudi Arabia or across international borders.
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