Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. 3 food for thought and welcome your feedback. According to the Saudi Communications and Information Technology Commission (CITC), by 2020, the e-commerce market in the Kingdom is expected to grow to USD 8.35 billion. Logistics industry growth in the Gulf Cooperation Council (GCC) region is catalyzed by the increasing contribution of the non-oil sector to GDP, infrastructure development, growth of free trade zones and industrial parks, and greater regional trade cooperation. 6 min. Wholesale and retail sector (16% of non-oil GDP) recorded growth of 0.8% in 2018, slightly better than the 0.6% registered in 2017. The Middle East is rising as one of the fastest-growing markets and it is becoming more attractive due to some major factors. ( MENAFN - The Express Wire) Global Middle East E Commerce Logistics Market Market Size 2021 Growing Rapidly with Recent Developments, Industry Share, Trends, Demand, Revenue, Key Findings and. Sep 26, 2022 The third-party logistics (3PL) market in North America was roughly sized at 267.4 billion U.S. dollars. The study provides a decisive view of the Middle East & Africa Freight & Cargo market by segmenting the market based on mode, service, delivery type, industry vertical, regional coverage, and regions. The Middle-East and Africa Meglitinide Market is segmented by Geography (Iran, Saudi Arabia, Egypt, Oman, South Africa, Rest of Middle-East and Africa. 14.3.4 Middle East and Africa Market Value . Major Players DHL The Global Middle East E Commerce Logistics Market Market Report highlights a detailed understanding of the determining factors such as size, share, revenue, trend forecast, supply,. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. Data analytics, by which data-driven decision making will enhance overall efficiency in the market, will play a key role in the future of this sector. Percentage of trade enabled by the company, and therefore its importance to the economy. Middle East E Commerce Logistics Market include Gati Limited, Verks Global Logistics LLC, Emirates Logistics LLC, RAK Logistics, National Association of Freight and Logistics. The global third-party logistics market size is expected to reach USD 1,998.73 billion by 2030, registering a CAGR of 8.6% from 2022 to 2030. sep 29, 2022 (the expresswire) -- according to this latest study, in 2022 the growth of retail logistics market is projected to reach multimillion usd by 2029, in comparison to 2021, over the next. Middle Eastern drone package delivery system market size by platform 2018-2030. Read More Qatar Freight and Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) Middle East E Commerce Logistics Market Market Size 2022 By Trends Evaluation, Global Growth, Consumer-Demand, Consumption, Recent Developments, Strategies . Electric Logistics Vehicle Market Size By Type, By Application, Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), And Forecasts 2021-2026. List of TOP KEY PLAYERS in Middle East E Commerce Logistics Market Market Report are: - Kenco Group, Inc. Caravel Logistics (M.E.) Moller-Maersk, C.H. WASHINGTON, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The number of refrigerated warehouses is forecast to rise, and the pharmaceutical industry is anticipated to expand, two factors that will fuel the. When combined with new AI advancements and analytics, a TMS can act as an early warning system to help to forecast risks, costs, and demand to ensure the "on-demand" delivery that consumers now expect. GCC Logistics Outlook, 2021. Armstrong & Associates has been calculating these Global Third-Party Logistics (3PL) Market estimates for over a decade. global cold chain market size, by logistics, 2021 vs 2027 (usd billion) figure 25. competitive strategic window for global cold chain market size, by logistics, 2027 . Table Middle East & Africa Rail Logistics Market Size 2016-2020, by Country, in USD Million Table Middle East & Africa Rail Logistics Market Size 2016-2020, by Country, in Volume 7.4 Regional Import & Export METHODOLOGY DOWNLOAD PDF [223 Pages Report] The global supply chain security market size is projected to grow from USD 903 million in 2021 to USD 1,227 million by 2026, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. The Middle East region has been faring well in terms of transportation and logistical efficiencies and performance on the global scale with its logistics market set to reach $66.3 billion by the end of 2020, according to a new report. At Fitch Solutions, we have revised up our 2022 growth forecast for Saudi Arabia from 7.6% to 8.3%, following the latest update to Q222 GDP data that showed growth of 12.2% y-o-y (up from 11.8% y-o-y in the preliminary estimate). Additionally, the report offers details on latest trends, size, share, and industry overview. Our Logistics & Supply Chain Group covers exciting research on digital disruptions, freight market trends, Warehousing transformations and issues relating to supply chain optimization. The Middle East market size for silica sand reached a volume of more than 6.32 MMT in 2021. Elastic logistics typically means using a transportation management system (TMS) and is an essential component to transport planning. The Middle East and Africa region has seen a CAGR of 8% in the Food segment for the period 2017-2021. Timber Logistics Market By Product Type Outlook (Land transportation, Seas), By Application/End-use Outlook (Industrial roundwood, Fuel wood, Other), Key Companies and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa), Segments and Forecasts from 2022 to 2028. The Middle-East and African freight and logistics market is fragmented, with the presence of international and local players. According to an industry report by Transport Intelligence, the Middle East's regional freight forwarding sector will expand 7.8 per cent annually until 2017. Events. Middle East SaaS Market Size, Share, Research, Industry Trends, Growth, and Segmentation by End-User (Manufacturing, Healthcare, IT & Telecom, Retail, Education, Government, BFSI, and Oil & Gas), By Application (Customer Relationship Management (CRM), Human Resource Management (HRM), Financial Management, Sales Management, Enterprise Resource Planning (ERP), and Supply Chain Management), By . Middle East & Africa Military Infrastructure and Logistics Market Size, 2019-2027 (Us$ Mn) Methodology Request a FREE Sample Copy Market Insights The global logistics insurance market size was valued at USD 45.65 billion in 2015 owing to the increasing customer expectation for personalized insurance products and services. These growth predictions combined with the . According to a YCP Solidiance whitepaper, Saudi Arabia's logistics market value stood at $27.6 billion in 2020, the highest across the Middle East, North Africa (MENA) and the Gulf Cooperation Council (GCC) regions, and is set to reach 38.8 billion at a Compound Annual Growth Rate (CAGR) of 5.85% in 2026. Market size in terms of revenue from 2016 to 2028; Market size for each segment from 2016 to 2028, by Region; Looking forward, IMARC Group expects the market to reach US$ 154.5 Billion by 2027, exhibiting a CAGR of 8.1% during 2022-2027. Why is this and what is the difference in the pattern of demand in logistics? Sep 30, 2022 (Heraldkeepers) -- Pune, India - The system of insight market in Middle East & Africa is expected to grow from US$ 90.93 million in 2019 to US$ 223.78 million by 2027; it is estimated . Market Overview The Saudi Arabia freight and logistics market is estimated to be valued at USD 22.95 billion and is estimated to grow at a CAGR of 7.35% . The second place is Europe; following North America with the market value share over 26.76% in 2017. The Food segment in the Middle East and Africa is valued at $204 billion in 2021. Quantity of goods transported or stored. Figure Middle East & Africa Rail Logistics Market Size and Growth 2016-2020, in Volume 7.3.5.2 by Country (Saudi Arabia, South Africa etc.) Banks are focused on enhancing branchless banking by launching e-lobbies specifically designed to increase customer service and transaction simplicity. 4.8 Courier, Express, and Parcel (CEP) Market in the United Arab Emirates (Market Size (2016-2026), Trends, and Future)) 4.9 Cold Chain Logistics Market in the United Arab Emirates (Market Size (2016-2026), Trends, and Future) 5. When compiling this ranking we considered: Size of the company in terms of assets, revenues, and market value. table 30. europe, middle east & africa cold chain market size, by telematics and telemetry devices, by country, 2019-2027 (usd billion) table 31. global cold chain market size . Not only the previous years' data show that the Middle East could react well to the challenging economic situation, but the data are promising for the close future. Final Report will add the analysis of the impact of COVID-19 on this industry. Based on the Middle East & Africa, the High-tech Logistics Market analysis covers Middle East, Africa, Rest of Middle East & Africa. The Middle East and Africa kegs market is analyzed and market size insights and trends are provided by material, capacity, end user, and distribution channel as referenced above. . While the global retail market has been slowing down since 2017, worldwide e-commerce sales is growing at a rapid pace having reached US$3.5 trillion in 2019, a yearly increase of approximately 18%, due to a Shopify report. Recent sustainable financing firsts in the region signal the success of - and opportunities available to - companies committed to integrating ESG goals . The countries covered in this market report are South Africa, UAE, Saudi Arabia, Kuwait, Israel, Egypt, Qatar and rest of Middle East and Africa. Key parameters promoting the market growth include economic growth, growing population, growing industrialisation. The advent of new technologies is changing the 3PL . The robotic, data-driven and flexible automated solutions provider released the report ahead of Materials Handling Middle East, the region's dedicated trade show for warehousing, intralogistics and supply chain solutions. Governments in the region undertake policy . 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