Middle East & Africa Third Party Logistics Market Forecast to 2030 - Regional Analysis - by Mode of Transports (Roadways, Railways, Waterways, and Airways), Services (International Transportation, Warehousing, Domestic Transportation, Inventory Management, and Others), and End user (Automotive, Healthcare, Retail, Consumer Goods, and Others)
The Middle East & Africa third party logistics market was valued at US$ 100.00 billion in 2022 and is expected to reach US$ 143.66 billion by 2030; it is estimated to register a CAGR of 4.6% from 2022 to 2030.
Implementation of Software Solutions and Adoption of Big Data Analytics Bolsters Middle East & Africa Third Party Logistics Market
Logistics is a complex process that involves the flow of multiple goods and information across the network of suppliers, carriers, and warehouses. This complexity can be handled using software systems, which allow the analysis of real-time and real-world data. This implementation of software systems improves lead times, reduces excess inventory levels, helps in resolving warehousing issues, and decreases inventory costs. Increased competitiveness in the industry is the major reason for third-party investing in automation and digitization. In the coming years, third-party logistics firms are expected to shift toward mobile technology to reduce paper records.
The adoption of RFID-enabled devices is also expected to store data for easy transport that will also simplify tracking and identification of products. Software related to transportation management systems will reduce inefficiency and costs. Furthermore, the usage of speech recognition software in warehouse management system communications will help with order turnaround and inventory records while lowering employee training needs. Along with this, the acceptance of cloud-based technology in third-party logistics organizations will respond to demands by recognizing the need for client access, allowing them to address seasonal trends better.
Big Data is another technology that is transforming the third-party logistics industry notably. By analyzing financial and operational KPIs and providing the best shipping experience, a data-driven strategy aids third-party logistics service providers in maintaining flexibility. Third-party logistics service providers will be able to turn data into insightful knowledge by developing data science technologies and other resources. End-to-end supply chain visibility, improved resource planning, and cost reduction are a few of them. According to a study done by Council of Supply Chain Management Professionals in 2021, 98% of third-party logistics organizations and 93% of shippers agree that data analytics are essential for making wise business decisions. In fact, 71% of them think data analytics significantly improves the effectiveness and quality of their company. Thus, advancements in third-party logistics such as IT solutions, supply chain software, higher use of mobile technology and Big Data, and greater inclination toward the use of cloud-based systems will help companies meet the real-time demand for services.
Middle East & Africa Third Party Logistics Market Overview
Countries in the region are now focusing on the growth of the non-oil sectors. As a result, governments are heavily investing in developing infrastructure. For instance, Saudi Arabia is planning to invest ~US$ 133 billion by 2030 in its transportation & logistics sector. With this investment, the Kingdom is planning to build ~300 projects with the help of private companies. Thus, many companies enter into partnerships to build logistics centers. In March 2023, Armaco and DHL announced that they were building a logistics and procurement hub in Saudi Arabia that would offer services to customers from the industrial, energy, chemical, and petrochemical sectors. The third-party logistics industry in the Rest of Middle East & Africa experiences a significant transformation driven by multiple factors, including economic growth, infrastructure development, and increased globalization. This region comprises diverse countries, each presenting its unique opportunities and challenges for the logistics sector. Economic growth is a key driver of the 3PL industry in the Rest of Middle East & Africa. As nations in the region continue to expand, there is a growing demand for efficient logistics and supply chain solutions to support various industries, including oil & gas, manufacturing, and consumer goods. These initiatives have attracted both international and regional 3PL providers to establish a presence and offer a range of services to meet these evolving needs.
Middle East & Africa Third Party Logistics Market Revenue and Forecast to 2030 (US$ Billion)
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Middle East & Africa Third Party Logistics Market Segmentation
The Middle East & Africa third party logistics market is categorized into mode of transports, services, end user, and country.
Based on mode of transports, the Middle East & Africa third party logistics market is segmented into roadways, railways, waterways, and airways. The roadways segment held the largest market share in 2022.
In terms of services, the Middle East & Africa third party logistics market is segmented into international transportation, warehousing, domestic transportation, inventory management, and others. The domestic transportation segment held the largest market share in 2022.
Based on end user, the Middle East & Africa third party logistics market is segmented into automotive, healthcare, retail, consumer goods, and others. The others segment held the largest market share in 2022.
By country, the Middle East & Africa third party logistics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa third party logistics market share in 2022.
C H Robinson Worldwide Inc, DB Schenker, DSV AS, GEODIS SA, Kuehne + Nagel International AG, Nippon Express Co Ltd, Sinotrans Ltd, and United Parcel Service Inc are among the leading companies operating in the Middle East & Africa third party logistics market.
Table of Content
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Third Party Logistics Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
5. Middle East & Africa Third Party Logistics Market - Key Industry Dynamics
5.1 Middle East & Africa Third Party Logistics Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Need for Overall Operational Cost Reduction, Delivery Management, and Better Operational Efficiency
5.2.2 Surging Adoption of E-Commerce
5.2.3 Benefits of Managing Seasonal Variations of Products
5.3 Market Restraints
5.3.1 Reduced Control of Manufacturer
5.4 Market Opportunities
5.4.1 Increasing Trends of Sustainability
5.5 Future Trends
5.5.1 Implementation of Software Solutions and Adoption of Big Data Analytics
5.6 Impact of Drivers and Restraints:
6. Third Party Logistics Market - Middle East & Africa Market Analysis
6.1 Middle East & Africa Third Party Logistics Market Revenue (US$ Billion), 2020 - 2030
6.2 Middle East & Africa Third Party Logistics Market Forecast and Analysis
7. Middle East & Africa Third Party Logistics Market Analysis - Mode of Transports
7.1 Middle East & Africa Third Party Logistics Market, By Mode of Transports (2022 and 2030)
7.2 Roadways
7.2.1 Overview
7.2.2 Roadways Market, Revenue and Forecast to 2030 (US$ Billion)
7.3 Railways
7.3.1 Overview
7.3.2 Railways Market, Revenue and Forecast to 2030 (US$ Billion)
7.4 Waterways
7.4.1 Overview
7.4.2 Waterways Market, Revenue and Forecast to 2030 (US$ Billion)
7.5 Airways
7.5.1 Overview
7.5.2 Airways Market, Revenue and Forecast to 2030 (US$ Billion)
8. Middle East & Africa Third Party Logistics Market Analysis - Services
8.1 Middle East & Africa Third Party Logistics Market, By Services (2022 and 2030)
8.2 International Transportation
8.2.1 Overview
8.2.2 International Transportation Market, Revenue and Forecast to 2030 (US$ Billion)
8.3 Warehousing
8.3.1 Overview
8.3.2 Warehousing Market, Revenue and Forecast to 2030 (US$ Billion)
8.4 Domestic Transportation
8.4.1 Overview
8.4.2 Domestic Transportation Market, Revenue and Forecast to 2030 (US$ Billion)
8.5 Inventory Management
8.5.1 Overview
8.5.2 Inventory Management Market, Revenue and Forecast to 2030 (US$ Billion)
8.6 Others
8.6.1 Overview
8.6.2 Others Market, Revenue and Forecast to 2030 (US$ Billion)
9. Middle East & Africa Third Party Logistics Market Analysis - End user
9.1 Middle East & Africa Third Party Logistics Market, By End user (2022 and 2030)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive Market, Revenue and Forecast to 2030 (US$ Billion)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare Market, Revenue and Forecast to 2030 (US$ Billion)
9.4 Retail
9.4.1 Overview
9.4.2 Retail Market, Revenue and Forecast to 2030 (US$ Billion)
9.5 Consumer Goods
9.5.1 Overview
9.5.2 Consumer Goods Market, Revenue and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others Market, Revenue and Forecast to 2030 (US$ Billion)
10. Middle East & Africa Third Party Logistics Market - Country Analysis
10.1 Middle East & Africa
10.1.1 Middle East & Africa Third Party Logistics Market Revenue and Forecasts and Analysis - By Country
10.1.1.1 South Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.1.1 South Africa Third Party Logistics Market Breakdown by Mode of Transports
10.1.1.1.2 South Africa Third Party Logistics Market Breakdown by Services
10.1.1.1.3 South Africa Third Party Logistics Market Breakdown by End user
10.1.1.2 Saudi Arabia Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.2.1 Saudi Arabia Third Party Logistics Market Breakdown by Mode of Transports
10.1.1.2.2 Saudi Arabia Third Party Logistics Market Breakdown by Services
10.1.1.2.3 Saudi Arabia Third Party Logistics Market Breakdown by End user
10.1.1.3 UAE Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.3.1 UAE Third Party Logistics Market Breakdown by Mode of Transports
10.1.1.3.2 UAE Third Party Logistics Market Breakdown by Services
10.1.1.3.3 UAE Third Party Logistics Market Breakdown by End user
10.1.1.4 Rest of Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.1.4.1 Rest of Middle East & Africa Third Party Logistics Market Breakdown by Mode of Transports
10.1.1.4.2 Rest of Middle East & Africa Third Party Logistics Market Breakdown by Services
10.1.1.4.3 Rest of Middle East & Africa Third Party Logistics Market Breakdown by End user
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Mergers & Acquisitions
12. Company Profiles
12.1 Sinotrans Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 DB Schenker
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 GEODIS SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 United Parcel Service Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kuehne + Nagel International AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 C H Robinson Worldwide Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 DSV AS
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Nippon Express Co Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
List of Tables
Table 1. Middle East & Africa Third Party Logistics Market Segmentation
Table 2. Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion)
Table 3. Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion) - Mode of Transports
Table 4. Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion) - Services
Table 5. Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Billion) - End user
Table 6. South Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Mode of Transports
Table 7. South Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Services
Table 8. South Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - End user
Table 9. Saudi Arabia Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Mode of Transports
Table 10. Saudi Arabia Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Services
Table 11. Saudi Arabia Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - End user
Table 12. UAE Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Mode of Transports
Table 13. UAE Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Services
Table 14. UAE Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - End user
Table 15. Rest of Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Mode of Transports
Table 16. Rest of Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - Services
Table 17. Rest of Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn) - End user
List of Figures
Figure 1. Middle East & Africa Third Party Logistics Market Segmentation, By Country
Figure 2. Ecosystem: Third Party Logistics Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Third Party Logistics Market Revenue (US$ Billion), 2020 - 2030
Figure 5. Middle East & Africa Third Party Logistics Market Share (%) - Mode of Transports, 2022 and 2030
Figure 6. Roadways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 7. Railways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 8. Waterways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 9. Airways Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 10. Middle East & Africa Third Party Logistics Market Share (%) - Services, 2022 and 2030
Figure 11. International Transportation Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 12. Warehousing Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 13. Domestic Transportation Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 14. Inventory Management Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 15. Others Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 16. Middle East & Africa Third Party Logistics Market Share (%) - End user, 2022 and 2030
Figure 17. Automotive Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 18. Healthcare Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 19. Retail Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 20. Consumer Goods Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 21. Others Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 22. Middle East & Africa Third Party Logistics Market, By Key Country - Revenue (2022) (US$ Billion)
Figure 23. Middle East & Africa Third Party Logistics Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 24. South Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 25. Saudi Arabia Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 26. UAE Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 27. Rest of Middle East & Africa Third Party Logistics Market Revenue and Forecasts to 2030 (US$ Bn)
1. C H Robinson Worldwide Inc
2. DB Schenker
3. DSV AS
4. GEODIS SA
5. Kuehne + Nagel International AG
6. Nippon Express Co Ltd
7. Sinotrans Ltd
8. United Parcel Service Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa third party logistics market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa third party logistics market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa third party logistics market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.