The Saudi Arabia third-party logistics market study now available at MarketStudyReport.com, is a detailed sketch of the business sphere in terms of current and future trends driving the profit matrix. The report also indicates a pointwise outline of market share, market size, industry partakers, and regional landscape along with statistics, diagrams, & charts elucidating various noteworthy parameters of the industry landscape.
The Saudi Arabia third-party logistics market accounted for US$ 14.86 Bn in 2018 and is expected to grow at a CAGR of 6.7% over the forecast period 2019-2027, to account for US$ 26.40 Bn in 2027.
The overall third-party logistics market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the third-party logistics market. It also provides the overview and forecast for the third-party logistics market based on all the segmentation provided with respect to Saudi Arabia. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the third-party logistics market.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2148156/?utm_source=Marketwatch-Ram
Some of the players present in third-party logistics market are C.H. Robinson Worldwide, Inc., CEVA Logistics AG, DB Schenker, Deutsche Post AG (DHL), Kuehne + Nagel International AG, Sankyu Inc., Saudi Logistics, United Warehouse Company Ltd., United Parcel Service, Inc., and Warehousing Projects and Logistics Company (WPL) among others.
The third-party logistics market is segmented on the basis of mode of transport, services, and end-user. The mode of transport segment is bifurcated into roadways, railways, waterways, and airways. The services segment of third-party logistics market includes, international transportation, warehousing, domestic transportation, inventory management, and others. The end-user segment consists of chemicals & petrochemicals, automotive, healthcare, retail, consumer goods, and others.
The factors that are driving the growth of the third-party logistics market rise in demand for reducing overall operational cost & focus on managing timely delivery, and progressive growth of logistics industry in Saudi Arabia. However, the lesser control of manufacturers on logistics service and delivery processes is anticipated to hinder the third-party logistics market for same in the coming years. In addition, the increase in adoption of e-commerce in retail sector is expected to create a lucrative market opportunity for third-party logistics market. Some of the leading players in third-party logistics market are highly focusing on strategic market initiatives to enrich their product capabilities as well as to expand their geographical presence across the globe. This, in turn, is contributing to the growth of the third-party logistics market.
Some of the global leaders in third party logistics operate in the Saudi Arabia market. Services provided by these companies include full container logistics, half-filled container logistics, and cold storage logistics etc. The number of companies provisioning break bulk movement in the country has increased manifolds, and also the number of companies provisioning freight forwarding and clearance services has increased. Majority of the logistics services provider in the country provision full distribution solutions to the customers through different modes of transport. Post the decline of oil prices in Saudi Arabia, the Government has strived hard to redefine the economy of the country and reduce its dependency on the oil business. Industrialization in Saudi Arabia has witnessed steady development in the last few years as the focus has been laid on diversification of the economy. Saudi Arabia accounts for close to 25% of the world?s oil reserves. Even with declining oil prices, a large part of the economy of Saudi Arabia depends upon the performance of the crude oil industry. Saudi Arabia is a trade partner with many countries of the globe owing to the large oil reserves present in the country. The accessibility to emerging markets hands significant trade advantage to the country and highlights the need to strengthen the transportation and logistics infrastructure of country.
Factors such as economic growth, rapid urbanization, and population maturation have driven the Government to invest heavily towards the expansion and enhancement of the transport infrastructure.
Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/2148156/?utm_source=Marketwatch-Ram
TABLE OF CONTENTS
1.1 Scope of the Study
2. Key Takeaways
3. Third-Party Logistics Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Third-Party Logistics Market – By Mode of Transport
3.2.2 Third-Party Logistics Market – By Services
3.2.3 Third-Party Logistics Market – By End-user
3.3 PEST Analysis
3.3.1 Third-Party Logistics Market – Saudi Arabia PEST Analysis
4. Third-Party Logistics Market – Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Logistics Industry Witnessing Progressive Growth in Saudi Arabia
4.1.2 Rise in Demand for Reducing Overall Operational Cost And Focus on Managing Timely Delivery
4.2 Key market restraints
4.2.1 Lesser Control of Manufacturers on Logistics Service and Delivery Processes
4.3 Key Market Opportunities
4.3.1 Increase in Adoption of E-commerce in Retail Sector
4.4 Future trends
4.4.1 Implementation of varied software solutions
4.5 Impact Analysis of Drivers and Restraints
5. Third-Party Logistics- Saudi Arabia Market Analysis
5.1 Saudi Arabia Third-Party Logistics Market Overview
5.2 Saudi Arabia Third-Party Logistics Market Forecast and Analysis
6. Third-Party Logistics Market Analysis – By Mode of Transport
6.2 Mode of Transport Market Forecasts and Analysis, by Mode of Transport, 2018 & 2027
6.3.2 Roadways Third-Party Logistics Market Forecasts and Analysis
6.4.2 Railways Third-Party Logistics Market Forecasts and Analysis
6.5.2 Waterways Third-Party Logistics Market Forecasts and Analysis
6.6.2 Airways Third-Party Logistics Market Forecasts and Analysis
7. Third-Party Logistics Market Revenue and Forecasts to 2027 – by Service
For More Details on this Report At: https://www.marketstudyreport.com/reports/saudi-arabia-third-party-logistics-market-to-2027?utm_source=Marketwatch-Ram
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150