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The Middle East and Africa logistics market size reached USD 967.08 billion in 2023. The market is expected to grow at a CAGR of 5.4% between 2024 and 2032, reaching almost USD 1558.35 billion by 2032.
Logistics plays a critical role in business operations and supply chain efficiency, encompassing activities like transportation, warehousing, and order fulfilment to ensure timely and cost-effective delivery of goods. The Middle East and Africa logistics market is experiencing significant growth driven by strategic geographic positioning, economic diversification efforts, and infrastructure investments. Countries like the UAE and Saudi Arabia leverage their location as key trade hubs, supported by investments in non-oil sectors like manufacturing and e-commerce, driving demand for robust logistics services. Infrastructure projects such as Saudi Arabia's Vision 2030 and the UAE's Vision 2021 allocate substantial funds to expand transportation networks, benefiting the logistics sector. Moreover, the adoption of advanced technologies like AI and IoT enhances logistics efficiency, streamlining operations and boosting market growth.
In Africa, logistics is influenced by a focus on domestic markets due to limited regional interaction, affecting international trade. The economy, largely dependent on mining, sees varied logistics development across countries like Morocco and Egypt. African logistics companies aim to connect rural communities to supply chains, creating growth opportunities. The region's airports are poised for significant growth, driven by rising air transport volumes and investment in infrastructure. Middle Eastern airports, including Dubai and Abu Dhabi, lead this trend, investing in facilities and passenger experiences, supported by close partnerships with major airlines. These airports prioritise collaboration, digitisation, and sustainability, aiming for green building certifications and enhanced guest experiences. The Middle East and Africa present a dynamic landscape for logistics and aviation, characterised by growth opportunities and evolving industry strategies for the Middle East and Africa logistics market development.
Middle East and Africa Logistics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Model Type
Market Breakup by Transportation Mode
Market Breakup by End User
Market Breakup by Region
Key players in the logistics market in Middle East and Africa offer services utilising technological advancement while carrying out mergers and acquisitions to support the end users.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Model Type |
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Breakup by Transportation Mode |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to be valued at USD 967.08 billion in 2023.
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The revenue generated from the logistics market is expected to reach USD 1558.35 billion in 2032.
The market is categorised according to its model type, which includes 1 PL, 2 PL, 3 PL, and others.
The key market players are FedEx Corporation, United Parcel Service, Inc., Schenker AG, C.H. Robinson Worldwide Inc., Deutsche Post AG, DSV A/S, CMA CGM Group (CEVA Logistics SA), Kuehne + Nagel International AG, Nippon Express Co., Ltd., Expeditors International of Washington, Inc., Kintetsu World Express Inc., A.P. Møller – Mærsk A/S, and others.
The market is driven by factors that include growing retail sector, particularly e-commerce, rising popularity of drone delivery, rapid urbanisation, and growing technological advancements.
The market is categorised according to its transportation mode, which includes roadways, seaways, railways, and airways.
According to revenue data from 2021, the top five logistics companies globally were United Parcel Service Inc, Deutsche Post AG, FedEx Corp, A.P. Moller - Maersk AS, and Deutsche Bahn AG. These companies lead the industry in terms of financial performance and market presence.
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