The Saudi Arabia CEP market size attained approximately USD 1.1 billion in 2022. The market is further estimated to grow at a CAGR of 6.20% in the forecast period of 2023-2028, reaching a value of around USD 1.6 billion by 2028.
CEP refers to courier, express, and parcel services that are responsible for the transportation of low-weight consignments through land, airways, or waterways. These services offer quick and efficient transport of documents, letters, small packages, products, and other goods.
Based on destination, the market is bifurcated into domestic and international. On the basis of business, the market is divided into B2B (Business-to-Business), B2C (Business-to-Consumer), and C2C (Customer-to-Customer).
Based on transportation, the Saudi Arabia CEP market segmentation includes railways, airways roadways, and waterways. On the basis of end use, the market is classified into services, wholesale and retail trade, industrial manufacturing, and life science and healthcare, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Saudi Arabia CEP market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per the Saudi Arabia CEP market analysis, domestic shipment accounts for a substantial share of the market due to the rise in B2C e-commerce across the country. The e-commerce sector is flourishing in the country due to the convenience of home delivery and growing internet penetration, which encourages CEP companies to strengthen their domestic logistic networks. Moreover, strategic efforts by market players to boost delivery speed and gain a competitive edge over other players also provide a positive outlook to the market.
The B2B segment occupies a significant portion of the Saudi Arabia CEP market share owing to the growing digitalisation in the country. Many businesses are adopting e-commerce services for the convenient transaction of goods, providing growth opportunities to the courier, express and parcel services.
CEP companies are also forming long-term relations with B2B customers such as manufacturers and retailers to extend their network and enhance customer retention. Additionally, the growth of domestic and international trade between businesses is also expected to propel the B2B segment in the forecast period.
FedEx Corporation, founded in 1971, is a multinational business, e-commerce, and courier delivery company. The company, with its headquarters in Tennessee, the United States, provides time-bound delivery services such as air freight forwarding and customs brokerage.
Deutsche Post AG is a global package delivery company that was founded in 1995 and headquartered in Bonn, Germany. The company offers postal service under Deutsche Post and logistic services under DHL.
UPS Express Private Limited, founded in 2000 and based in Mumbai, Maharashtra, is a private company. It offers shipment and tracking of goods and services, contract logistics, and warehousing solutions.
Other Saudi Arabia CEP market players include The Aramex Group, SMSA Express Transportation Company Ltd., Saudi Post Corporation, NAQEL Company, Zajil Expres, Alma Express, and Abdul Latif Jameel IPR Company Limited, among others.
|Scope of the Report||
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Destination||
|Breakup by Business||
|Breakup by Mode of Transportation||
|Breakup by End Use||
|Breakup by Region||
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global CEP Market Overview
8.1 Key Industry Highlights
8.2 Global CEP Historical Market (2018-2022)
8.3 Global CEP Market Forecast (2023-2028)
8.4 Global CEP Market Share by Region
8.4.1 North America
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Saudi Arabia CEP Market Analysis
9.1 Key Industry Highlights
9.2 Saudi Arabia CEP Historical Market (2018-2022)
9.3 Saudi Arabia CEP Market Forecast (2023-2028)
10 Saudi Arabia CEP Market by Destination
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
11 Saudi Arabia CEP Market by Business
11.1 B2B (Business-to-Business)
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 B2C (Business-to-Consumer)
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 C2C (Customer-to-Customer)
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Saudi Arabia CEP Market by Mode of Transportation
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
13 Saudi Arabia CEP Market by End Use
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Wholesale and Retail Trade
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Industrial Manufacturing
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Life Sciences and Healthcare
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
14 Market Dynamics
14.1 SWOT Analysis
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 FedEx Corporation
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.2 Deutsche Post AG
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
15.2.3 UPS Express Private Limited
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.4 The Aramex Group
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
15.2.5 SMSA Express Transportation Company Ltd.
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.6 Saudi Post Corporation
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
15.2.7 NAQEL Company
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.8 Zajil Expres
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
15.2.9 Alma Express
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.10 Abdul Latif Jameel IPR Company Limited
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global CEP Market: Key Industry Highlights, 2018 and 2028
2. Saudi Arabia CEP Market: Key Industry Highlights, 2018 and 2028
3. Saudi Arabia CEP Historical Market: Breakup by Destination (USD Billion), 2018-2022
4. Saudi Arabia CEP Market Forecast: Breakup by Destination (USD Billion), 2023-2028
5. Saudi Arabia CEP Historical Market: Breakup by Business (USD Billion), 2018-2022
6. Saudi Arabia CEP Market Forecast: Breakup by Business (USD Billion), 2023-2028
7. Saudi Arabia CEP Historical Market: Breakup by Mode of Transportation (USD Billion), 2018-2022
8. Saudi Arabia CEP Market Forecast: Breakup by Mode of Transportation (USD Billion), 2023-2028
9. Saudi Arabia CEP Historical Market: Breakup by End-Use (USD Billion), 2018-2022
10. Saudi Arabia CEP Market Forecast: Breakup by End-Use (USD Billion), 2023-2028
11. Saudi Arabia CEP Market Structure
In 2022, the market reached an approximate value of USD 1.1 billion.
The market is assessed to grow at a CAGR of 6.20% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028, reaching a value of around USD 1.6 billion by 2028.
The major market drivers are the growing demand for the fast delivery of packages and the rapid growth of the e-commerce sector in the region.
The key trends of the market include surging trade-related agreements in the country, technological advancements in the logistics sector, and increased investments by international market players to open their warehouses in the country.
Different segments based on the destinations of CEP are domestic and international.
The various end uses of CEP include services, wholesale and retail trade, industrial manufacturing, and life science and healthcare, among others.
The key players in the market are FedEx Corporation, Deutsche Post AG, UPS Express Private Limited, The Aramex Group, SMSA Express Transportation Company Ltd., Saudi Post Corporation, NAQEL Company, Zajil Expres, Alma Express, and Abdul Latif Jameel IPR Company Limited, among others.
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