UAE Freight and Logistics Market Research Report Forecast to 2028

UAE Freight and Logistics Market Research Report Forecast to 2028

Market Overview
The UAE Freight and Logistics market is anticipated to grow with a CAGR of 5%, in value terms, over the forecast period 2022-2028, and projected to reach USD 28192 Million by 2028. The rapid growth of e-commerce across the region due to rising internet usage, accompanied by smartphone penetration, and rising international trade are the primary factors driving the growth of the UAE Freight and Logistics market during the forecast period.

Freight refers to any type of goods, items or commodities that are transported in the domestic and international in bulk via air transport, surface transport or sea/ocean transport. The process of transporting goods, commodities and cargo is known as freight shipping.

The UAE is the Middle East’s largest international transport node, connecting air, sea and land routes from West to East, Europe, Africa and Asia. It has a highly advanced and well-developed freight and logistics capability owing to strong government support and multibillion investments in the sector.

Market Segmentation
Based on the Region, the UAE Freight and Logistics Market is segmented into the Dubai, Abu Dhabi, Sharjah, Fujairah, Ras Al Khaimah, and Rest of UAE. Dubai region hold the highest market share (26.9%) in the UAE freight and logistics market in 2021.

Based on the Shipping Type, the UAE Freight and Logistics market is segmented into Airways, Waterways, Railways, and Roadways. The roadways segment is expected to have the largest market share (32.45%) in the UAE freight and logistics market in 2021 and is expected to continue this trend during the forecast period. This growth is attributable to the rising national and international trades, and growing government support and spending in the development of the advanced technological infrastructure in the region.

Based on Services, the UAE Freight and Logistics market is segmented into Inventory Management, Warehousing, Transportation, Distribution, and Others. The warehousing segment hold (30.76%) the highest market share in the UAE freight and logistics market in 2021.

Based on End User, the UAE Freight and Logistics market is segmented into Industrial/Manufacturing, Oil and Gas, Automotive, Energy & Utilities, IT & Technology, Healthcare, Government & Public Sector, Agriculture, Consumer Goods & Retails, and Others. Among them, the manufacturing and construction segment holds the largest share (26.8%) in the UAE freight and logistics market in 2021.

Major Players
Few examples of key players in the market are DHL, Aramex, Trukker, and Al-Futtaim Logistics.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Companies Mentioned
DHL
Aramex
Trukker
and Al-Futtaim Logistics

Please note:The single user license is non-downloadable and non-printable. This functionality will require a Global Site License.