GCC E-Commerce Logistic Market to Undertake Strapping Growth During 2022-2028
Infinium Global Research's recent report on the GCC E-Commerce Logistic Market (By Product (Electronics Products, Automotive Products, Home Furnishing Products, Other); By Services (Transportation Services, Warehousing Services, Other); GCC Region Industry Analysis, Trends, Size, Share and Forecasts up to 2028 provides a comprehensive outline of the factors responsible for the growth of the market. The value of the market in 2022 was over USD 8 billion and is expected to reach more than USD 23 billion in 2028 with a CAGR of above 19% during the forecast period.
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E-Commerce logistics is a combination of industrial technologies and communication computers that aids in the transformation of logistical operations to be consumer-centric by exchanging data, knowledge, and information with supply chain partners. The growing demand for door-to-door delivery services, and e-commerce start-ups, in addition to their speedy deliverability, will add to the market expansion of the e-commerce logistics business. The growing e-commerce sector significantly drives the growth of the GCC e-commerce logistic market. The development of digital technology has improved the efficiency and impact of e-commerce logistics across a wide range of applications. Improving logistic infrastructure in the GCC region may create various growth opportunities for the market in the GCC region.
Transportation Services to Dominate the By-Services Segment of the GCC E-Commerce Logistic Market
Based on service type, the transportation segment dominated the overall e-commerce logistics industry during the forecast period. Air, rail, road, and maritime are major modes of transportation considered for the e-commerce logistics market. The expansion of the e-commerce logistics business has been boosted by the integration of e-commerce logistics with transportation management software. It helps with delivery planning throughout the supply chain. The market's growth potential has also been improved by leveraging consolidated capacity and streamlining the flow of goods. Also, infrastructure development in the GCC region may help to grow transportation services in the E-commerce logistic market.
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Saudi Arabia is to be the Dominant Country in the GCC E-Commerce Logistic Market
The market is divided into Kuwait, Qatar, Saudi Arabia, UAE, and the rest of the GCC region based on the countries. The GCC e-commerce logistics market in Saudi Arabia has a sizeable proportion. The Saudi Arabian market is growing as a result of several factors, including a well-developed infrastructure and a wide choice of products being offered by producers. Additionally, the country's rising internet usage is contributing to the market's expansion. The market is anticipated to grow in the forecast period due to the increasing number of outsourcing logistics for error-free, fast delivery and on-time delivery to consumers throughout the GCC region.
Major Players Operating in the GCC E-Commerce Logistic Market Focus on the Expansion of Distribution Channels
The GCC E-Commerce Logistic Market is largely fragmented and competitive because of numerous small and mid-size players in this industry The key players in the GCC E-Commerce Logistics are ARABCO Logistic and Caravel.in, Aramex, Emirates Post Group Corp., FedEx, Gulf Pinnacle Logistics, OCS Group Ltd., Royal Express Delivery Co., DHL Express, United Parcel Service of America, Inc. Infinium Global Research recent report on the GCC E-Commerce Logistic Market is an encompassment of such recent developments in the GCC marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the market and also estimates the impact of recent developments in the GCC market.
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Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of the GCC e-commerce logistics.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and market size forecast up to 2028.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.
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