Market Research

IMARC Group, a leading market research company, has recently releases report titled “Saudi Arabia Freight And Logistics Market Report by Logistics Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Others), End Use Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the Saudi Arabia freight and logistics market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Saudi Arabia Freight and Logistics Market?

The Saudi Arabia freight and logistics market size is projected to exhibit a growth rate (CAGR) of 5.04% during 2024-2032.

Saudi Arabia Freight and Logistics Market Overview:

The goal to diversify the economy away from oil dependency as well as develop the country as a global logistics hub is one of the factors responsible for the growth of the Saudi Arabia freight and logistics market. Additionally, the market is further propelled by a high focus on state-of-the-art infrastructure, such as ports, roads, railways, etc., to improve the productivity of trade and transportation.

Besides this, investments in large-scale projects like the King Salman Global Maritime Industries Complex and the expansion of the King Abdulaziz Port underline the commitment to bolstering its logistics capabilities across the country. These developments are expected to dramatically increase cargo handling capacity and streamline logistics operations, attracting more international shipping and freight activity.

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Saudi Arabia Freight and Logistics Market Trends:

The liberalization of trade policies and economic reforms under Vision 2030 have made the business environment in Saudi Arabia more inviting for foreign investment, and international partnerships in logistics are further augmenting the market. In addition to this, the introduction of the National Industrial Development and Logistics Program (NIDLP) aims to capitalize on industrial capacities and enhance logistics services across various sectors, including mining, energy, and manufacturing, which is acting as another growth-inducing factor.

Furthermore, the growing e-commerce sector also plays a critical role, driving the demand for sophisticated logistics solutions to manage the distribution and delivery of a high volume of online purchases is anticipated to drive the Saudi Arabia freight and logistics market over the forecasted period.

Saudi Arabia Freight and Logistics Market Segmentation:

Breakup by Logistics Function:

• Courier, Express and Parcel
  • By Destination Type
    • Domestic
    • International
  • Freight Forwarding
    • By Mode of Transport
      • Air
      • Sea and Inland Waterways
      • Others
    • Freight Transport
      • By Mode of Transport
        • Air
        • Pipelines
        • Rail
        • Road
        • Sea and Inland Waterways
      • Warehousing and Storage
        • By Temperature Control
          • Non-Temperature Controlled
          • Temperature Controlled
        • Others

Breakup by End Use Industry:

• Agriculture, Fishing and Forestry
• Construction
• Manufacturing
• Oil and Gas, Mining and Quarrying
• Wholesale and Retail Trade
• Others

Breakup by Region:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

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Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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