UAE Logistics Market Overview:
The UAE logistics market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Logistics refers to the process of managing, acquiring, storing, and transporting goods from one place to another. It includes warehouse management, fleet management, order processing, inventory control, supply and demand forecasting, and managing third-party logistics (3PL) service providers. It involves identifying prospective distributors and suppliers and determining their needs for effective operation and includes tasks, such as managing pipelines, trucks, storage facilities, and distribution centers. It helps reduce overhead costs, increase the shelf life of products, and assists in automating and optimizing activities for timely deliveries and improved customer experience. In addition to this, it helps enterprises to create additional value and improve brand reputation. Moreover, it assists in choosing suppliers according to rate fluctuations, ordering pickups, recording receipts and signatures, and helping with inventory control. At present, it is widely employed in manufacturing, consumer goods, retail, food and beverage, information technology (IT) hardware, chemicals, oil and gas, automotive, and telecom industries in the UAE.
The expanding e-commerce industry, coupled with a significant rise in trade-related activities across UAE represents one of the key factors positively influencing the market growth. For instance, e-commerce employs logistics to manage and oversee the supply chain of companies, which allows them to focus on marketing and other business operations. In addition to this, the increasing penetration of high-speed internet and the rising adoption of mobile devices, such as laptops and smartphones, are bolstering the market growth. Moreover, the integration of advanced technologies, such as artificial intelligence (AI), augmented reality (AR), blockchain, and the internet of things (IoT) to assist in logistics monitoring is strengthening the market growth. In line with this, the increasing adoption of logistics in healthcare, manufacturing, aerospace, telecommunication, government, and public utilities, retail, media, and entertainment industries is contributing to the market growth. Furthermore, the rising emphasis on last mile delivery options across the pharmaceuticals and food and beverage (F&B) industry to reduce their transport expenses is creating a favorable market outlook in the country.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the UAE logistics market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry.
The report analyses the competitive structure of the UAE logistics market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the UAE logistics market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the UAE logistics market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the UAE logistics market industry. Furthermore, the value chain analysis of the UAE logistics market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
UAE Logistic Market Segment Insights:
The UAE logistics market has been analysed as followed:
By Model Type:
By Transportation Mode:
By End Use:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Highlights of the UAE Logistic Market Report:
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