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Navigating the Kingdom Growth Engine: Saudi Arabia Logistics Market Zooms Ahead at 7.8% CAGR, Fueled by Vision 2030 and Diversification: Ken Research
Several key factors are propelling the Saudi Arabian logistics market towards a prosperous future:
Ken Research provides a detailed segmentation of the market, allowing you to pinpoint your target audience effectively:
The Saudi Arabian logistics market features a mix of established players and ambitious newcomers:
The Saudi Arabian logistics market is poised for exciting developments in the coming years:
Despite its promising future, the Saudi Arabian logistics market faces some challenges:
This report empowers various stakeholders to navigate the Saudi Arabian :
According to Ken Research estimates, the Market Size of Vietnam Logistics has shown increasing trend from 2017 to 2022. However, there was a decline after 2019 due to restrictions imposed during covid-19; however, the conditions have been better as the market recovers from Covid 19. Logistics sector in Vietnam is growing due to surge in e-commerce sector in response to Covid-19 and increase in the use of new technologies to meet customer demands. Vietnam's expanding economy, manufacturing has also added to the growth in the logistics sector.
According to Ken Research estimates, the Market Size of UAE Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to the prevalence of the global pandemic that affected logistics services worldwide. Market Size of UAE Logistics is expected to show a decent growth trajectory from 2021 to 2026 at CAGR of 7.4%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously inaccessible regions.
According to Ken Research estimates, the Market Size of Indonesia Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to fear and social distance among service providers during pandemic. Market Size of Logistics market is expected to show a decent growth trajectory from 2022 to 2027 at CAGR of 10%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously un-accessible regions.
According to Ken Research estimates, the Market Size of Philippines On-Demand Logistics has shown increasing trend from 2018 to 2021. However, COVID-led change in consumer behavior towards using online as a replacement for local grocery stores, and the growing importance of speed and convenience are driving the segment's growth. Shift in consumer behavior from value-seeking to convenience-seeking, resulting in weekly, small-sized purchases rather than larger, monthly purchases driving the demand for on-demand logistics market.
Ken Research Private Limited
Ankur Gupta , Director Strategy and Growth
+91-9015378249
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