Express Delivery Market Saudi Arabia Trends Freight forwarding services Saudi Arabia

Saudi Arabia to become the logistics hub of the Gulf region with its tremendous growth
in the logistics and warehousing market: Ken Research
Saudi Arabia is developing its economic conditions under the new leadership of the crowned
Prince of the nation. The government of Saudi Arabia has taken up the expansion of various
economic activities that are beyond oil, gas, creating greenfield industrial sites and cities
with business-friendly regulatory environments. These projects are well equipped with
industry and logistics facilities. In Saudi Arabia, the ports are an important gateway for
logistics and warehousing market serving 500 million people. The historical Red Sea global
trade market considers the logistics and warehousing market as a necessity and not as a
choice. The expansion of Jeddah and Dammam airport as proposed by the Saudi Arabia
government will witness a rise in the logistics and warehousing market. The number of
cargo units that need to be transported through the ports will increase rapidly along with
the expansion of railways and airline networks.
Sea freight movement has majorly dominated the market for Logistics in Saudi Arabia. The
increase in the trade scenario in the country has attributed to the increase in the percentage
share of sea freight. The rising import and export value from other countries has triggered
the demand of sea freight in Kingdom. The total container port traffic at Saudi Arabia port is
6,326,861 TEU.
The leading competitors of logistics and warehousing industry in Saudi Arabia are DHL,
Panalpina, DB Schenker, TNT, UPS, Agility, Aramex, Almajdouie group, Al-Jabri group,
Arabian Hala. Co. Ltd, Four winds Saudi Arabia limited, GAC, Globus logistics, Kuehne+Nagel,