By Domestic and International Shipment: The market share of Domestic Shipment the country was evaluated to be approximately ~%.
By Air and Ground: The market share of Air shipments in the country was evaluated to be approximately ~% and the market share of ground shipments was ~% in 2019P
Snapshot On UAE Road Trucking Aggregators
Trucking aggregators such as Trukker, Trukin and Load Me has gained importance in the UAE freight forwarding market. They tend to bridge the existing gap between the supply and demands of fleets and at the same time eliminate existing market inefficiencies in the economy.
‘Trukker was started in 2016 as a home -relocation business which is now scaled to all truck related services in UAE.
The startup is a B2B business which was founded in 2017 which aims to use technology to transform logistics business.
Load Me was started in 2014 and provides a digital platform where it connects transporters with a truck fleet to those who wants to export goods in Middle east and North Africa.
By Domestic and International Shipment: International shipments are higher than Domestic shipments in UAE.
By Delivery Period: The market share of same day shipments in the country is less than next day and two or more day delivery
By Intercity and Intra city: The market share of intercity shipments in the country was evaluated to be approximately ~% and intra city shipments captured the market share of 2019P.
UAE Third Party Logistics Market
Third-party logistics outsourcing has been witnessed to gain prominence as increasing number of corporations across the world are unable to manage their complex supply chain services and are forced to outsource logistics activities to the 3PL companies. Third party logistic services witnessed a robust growth over the last few years. The revenue generated was witnessed to generate USD ~ Million in the year 2019. Major 3 pl players in UAE are Global Shipping Logistics, Hellmann Logistics, Al-Futtaim Logistics, RAK Logistics, GAC, Agility , Aramex and many more.
By Market Type: The freight forwarding segment within UAE 3PL market dominated with a massive revenue share of ~% in the year 2019p. The logistics companies especially the international companies instead of purchasing their own fleet for transportation of goods, outsource the contract to 3PL logistics companies.
Competitive Landscape in UAE 3PL Market: Major competition parameters include technological advancement, operating efficiency, especially through route planning and consolidation of multiple orders.
Competitive Scenario In Uae Logistics And Warehousing Market
The logistics and warehousing market of UAE is highly fragmented in nature. Companies are focusing on the development of cold storage and cold transportation. UAE market has witnessed emergence of various startups providing contract logistics for road freight. The major players in the UAE logistics and warehousing market are DB Schenker, GAC, Al-futtaim logistics, Agility, Kuehne Nagel, DSV-Panalpina, Hellmann logistics, Emirates logistics, Global Shiping lines, Aramex, DHL, Aramex, Fedex, UPS and DHL Express. Pricing, Location, Collaborating with leading industries, fleet size, Warehousing space and technological advancements are major competing parameters in the logistics and warehousing market of UAE.
UAE Logistics And Warehousing Future Outlook And Projections
UAE Logistics and Warehousing Market is expected to register a significant growth during 2019-2025. The logistics and warehousing is expected to rise from USD ~ Million in 2019 to USD ~ Million in 2025F. The reasons for the growth include heavy infrastructural developments by UAE government, expected increase in investment and tourism, expected increase in cargo throughput, development of railways, development of logistics centers and multimodal transport projects. Manufacturing industries will drive the logistics industry in UAE. Rapid growth in consumer retail is also expected to boost up the logistics industry in UAE in the upcoming years.
For More Information, refer to below links:
South Africa Logistics Market Outlook to 2023 – By Sea, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Cold Chain; By Express Logistics and E-commerce Logistics
Ankur Gupta, Head Marketing & Communications