The report provides a comprehensive analysis of the potential of Logistics Industry in Egypt. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The report has market segmentation which include segments by service mix (Freight Forwarding, warehousing, CEP & value added services),by mode of transport (sea freight, air freight, air freight), by type of freight end users (pharma, retail, auto, others), by warehouse model (CFS, Industrial, Agricultural, cold storage), by end-users (retail, automotive, e-commerce), by shipment (domestic, international),growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Report Ocean estimates, the Market Size of Egypt On-Demand 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 Egypt Logistics is expected to show a decent growth trajectory from 2021 to 2026 at CAGR of $%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously inregions.
The market is highly competitive on the basis of type of fleet, warehousing space, freight volume, clients, etc.
Rising attention of the Egyptian government towards improving the logistics infrastructure, the growing customer base, increase in demand of products and the rise in exports and imports.
Key Trends by Market Segment:
By Freight: Sea Freight was the dominant mode of freight transport in Egypt in 2021 owing to excellent connectivity in Egypt due to the presence of the Red Sea and the Mediterranean Sea.
By Warehousing Segment: In 2021, Industrial/ Retail Warehouses dominated the Egypt Warehouse market in 2021.
Future Outlook:
Market Size of Egypt Logistics Market is expected to show increasing trend from 2021 to 2027. This is owing to rapid infrastructural development of logistics corridors & multimodal hubs & government policies such as ?Vision 2030'. Moreover, introduction of connected 3D printing will impact the logistics market, with the supply chain will soon become much faster and more closely connected. The services will soon be introduced by DHL.