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

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

GCC Freight and Logistics Market Introduction and Overview

SPER Market Research reports in ‘GCC Freight and Logistics Market Size – By End User Industry, By Logistics Function – Regional Outlook, Competitive Strategies, and Segment Forecast to 2033’ that the GCC freight and logistics market is projected to reach a value of USD 132.98 billion by 2033, with an expected compound annual growth rate (CAGR) of 6.56%.

The term “Freight” refers to any type of commodity, item, or thing that is transported in bulk by air, land, or sea. It is the total amount of money paid for the transportation of goods using any one or a combination of techniques. Logistics is the planning and execution of the efficient transportation and storage of goods from the point of origin to the point of consumption.

The COVID-19 epidemic negatively affected supply chains. Freight and logistics operations were under extreme strain during the pandemic. The governments of the GCC countries enforced lockdown restrictions throughout the second and third quarters of the COVID-19 pandemic. The manufacturers were also compelled to stop making non-essential goods.

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.

GCC Freight and Logistics Market Segmentation:

By End User Industry: Based on the End User Industry, GCC Freight and Logistics Market is segmented as; Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others.

By Logistics Function: Based on the Logistics Function, GCC Freight and Logistics Market is segmented as; Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, Other Services.

By Region: This research also includes data for Qatar, Saudi Arabia, UAE and Rest of GCC.