MEA Logistics Market Forecast to 2028: Logistics Infrastructure Development and E-Commerce Industry Growth Fuel Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “MEA Logistics Market Forecast to 2028 – Impact of COVID-19 and Regional Analysis by Model and End Use” report has been added to from ResearchAndMarkets.com offer.

Logistics Market was valued at USD 45.00 Billion in 2021 and is projected to reach USD 89.85 Billion by 2028; it is expected to grow at a CAGR of 7.9% from 2021 to 2028.

Digitization has brought a significant change in the MEA logistics market, especially in the logistics sector. Technology has negative impacts on the logistics market. For example, the demand for cash management service is declining due to cashless payment methods adopted by consumers. The advent of contactless payments, cashless payments, mobile payments and others are transforming cash transactions into cashless transactions.

Retailers or manufacturers are adopting new payment technologies as secure and more convenient payment processes. The demand for digital payment solutions such as QR code scan payments and smart card contactless payments is increasing in the domestic retail sector with the growing consumption of smartphones as well as the expanding customer base. tech-savvy customers.

The provision of efficient last-mile deliveries is experiencing tremendous growth in the logistics market, thanks to the ever-increasing proliferation of e-commerce companies. Additionally, receiving same-day shipment of the order is becoming increasingly popular, leading to the expansion of last-mile delivery services.

In addition, the continuous efforts of the logistics market to provide efficient last mile deliveries is another potential that is expected to fuel the growth of the Middle East logistics market soon. Additionally, automation is gaining popularity in the logistics market. The emergence of Logistics 4.0 is one of the key logistics developments generating profit potential in the logistics market.

The Middle East logistics market is highly dependent on the fluidity of information, the requirement for real-time visibility of information, and companies trying to implement smartphones and cloud technology as their primary tools of information. A robust transportation network is mandatory in logistics to ensure timely delivery of shipments to improve customer services. This growth of the industry in the region is mainly attributed to its exponential growth in terms of investment and various government initiatives.

The MEA is among the most urbanized regions, which also face the construction of new towns. In response to the continued shift in global economic power, the Middle East has firmly positioned itself as the fastest growing region in the world, including Dubai and Abu Dhabi which are set to become hubs world. In addition, the regional government is also taking initiatives to strengthen its logistics market.

Globalization and technology have generated new opportunities for internationalization in Africa over the past decade, strengthening supply chains and competitiveness. Algeria, Angola, Democratic Republic of Congo, Egypt, Ghana, Kenya, Mozambique, Nigeria, South Africa and Tanzania are now the most powerful nations when it comes to logistics. Some of them control some of the most important ports on the continent. For example, Barra owns Dande and Lobito in Angola, Lekki in Nigeria, Musoma in Tanzania and Lamu in Kenya. Mining, which accounts for a third of GDP, is extremely important to the economy. In contrast, Egypt and Algeria have the highest production values. They are known for their lack of developed logistics corridors and limited international engagement. African logistics companies aim to connect rural African populations to regional supply networks and megacities.

Main topics covered:

1. Introduction

2. MEA Logistics Market – Key Takeaways

3. Research methodology

3.1 Coverage

3.2 Secondary research

3.3 Primary research

4. MEA Logistics Market Landscape

4.1 Market Overview

4.2 PEST analysis

4.2.1 MEA – PEST Analysis

4.3 Ecosystem analysis

4.4 Expert advice

4.5 Premium Previews

4.5.1 Global Logistics Market – Revenue and Forecast to 2028-

4.5.2 Global Market Dynamics-

4.5.3 Insights into sustainability and tourism

4.5.4 Impact of Digital Payments on Cash Management Market –

4.5.5 Profitability estimate –

5. MEA Logistics Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Development of logistics infrastructure

5.1.2 Growth of the e-commerce industry

5.2 Market Constraints

5.2.1 Shortage of skilled labor

5.3 Market Opportunities

5.3.1 Increase in last mile deliveries coupled with logistics automation

5.4 Future trends

5.4.1 Technological Advancements in Logistics Industry

5.5 Impact analysis of drivers and constraints

6. Logistics Market – Regional Analysis

6.1 Overview

6.2 MEA Logistics Market Forecast and Analysis

6.3 Market Positioning of Key Players

7. MEA Logistics Market Analysis – By Model

8. MEA Logistics Market Analysis – By End Use

9. MEA Logistics Market – Analysis by Country

10. MEA Logistics Market – COVID-19 Impact Analysis

11. Industry Landscape

Companies cited

  • Agility

  • Al Futtaim – Logistics

  • THIS WILL

  • DHL

  • fedex

  • Kuehne+Nagel

  • RAK Logistics

  • SAUDI TRANSPORT & INVESTMENT CO.

  • United Parcel Service of America, Inc.

  • YUSEN LOGISTICS CO. LTD

  • Brink’s Incorporated

  • Etihad secure logistics

  • Securitas AB

  • Amazon

  • Aramax

For more information on this report, visit https://www.researchandmarkets.com/r/2bma35