KSA Transportation and Warehousing Market Size- By Road Freight Market, By Warehousing Market- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
KSA Transportation and Warehousing Market Overview
According to SPER Market Research, the KSA Transportation and Warehousing Market is estimated to reach USD 3.4 billion by 2032 with a CAGR of 12.08%. The KSA road freight industry is extremely disorganized, has a large number of competitors, and would see revenue growth. Saudi Arabia's total number of trucks on the road is expected to increase, with the majority of these trucks coming from imports.
Impact of COVID-19 on the KSA Transportation and Warehousing MarketThe nation had a shift in purchasing behavior during the COVID-19 epidemic, moving away from traditional hypermarkets and supermarkets to internet retailers for necessities like groceries and other things. In the long run, this is anticipated to expand the market and enhance competition for logistics players in the nation in terms of quicker delivery and a seamless client experience.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Road Freight Market, By Warehousing Market
Regions covered Abha, Burdaiah, Dammam, Jeddah, Medina, Riyadh, Others
Companies Covered Agility, Almajdouie, Aramex, BAFCO Logistics, Basem International Shipping & Logistics Co. Ltd., DB Schenker, DHL, Fedex-TNT, Hala Supply Chain, Kuehne + Nagel.
KSA Transportation and Warehousing Market Segmentation:
By Road Freight Market: Based on the Road Freight Market, KSA Transportation and Warehousing Market is segmented as; By Type of Fleet Operators (Small Fleet Operators, Medium Fleet Operators, Large Fleet Operators), By LTL/FTL (LTL, FTL), By End User (Automotive and Spare parts, Food and Beverage, Oil and Gas, Pharma, Retail, Others).
By Region: The most warehouse space will be available in the economically developed cities of Jeddah and Riyadh in the Kingdom of Saudi Arabia, with Dammam having the highest leasing costs.