The report titled “Saudi
Arabia Automotive & Spare Parts Logistics Market Outlook to 2025: Lifting of Ban on Female Drivers and Growing
Aftermarket for Spare Parts to Influence Market Growth” provides a comprehensive analysis of automotive & spare
part logistics market in Saudi Arabia. The report focuses on overall market
size in terms of revenue generated by automotive & spare part logistics
companies; Saudi Arabia automotive & spare parts logistics market
segmentation by service mix (freight forwarding, warehousing and value added
services); automotive & spare parts freight forwarding market segmentation
by freight mode (road freight, sea freight and air freight); by type of transport (domestic freight and
international freight); by 3PL Logistics and Integrated logistics; by Cost
split (last mile and first mile); by automotive segment (vehicles and spare
parts); by sea flow corridors (Sudan, GCC, Egypt and others); by air flow
corridors (Sudan, Egypt, Kuwait, Libya, Oman, the UAE and others); by road flow
corridors (Bahrain, Jordan, Lebanon, the UAE, Kuwait, Oman and others);
automotive & spare parts warehousing market segmentation by business model
(industrial/retail and ICD/CFS); by cities (Jeddah, Riyadh, Dammam and others)
and by type of warehouses (closed warehouse and open warehouse).
The report also covers the trade
scenario, trends and developments, issues and challenges, SWOT analysis,
regulatory landscape, end user analysis, value chain analysis, PESTLE analysis,
COVID-19 impact on automotive & spare parts transportation industry, decision
making process, snapshot on control tower market, snapshot on pre-delivery
inspection market, COVID-19 impact on automotive & spare parts warehousing
industry, technological advancements & innovations, comparative landscape
including cross comparison of major players operating in KSA automotive &
spare parts logistics market and cross comparison of major players operating in
KSA automotive market. The report concludes with future market projections on
the basis of overall logistics and automotive & spare parts logistics
revenue, by service mix and analyst recommendations highlighting the major
opportunities and cautions.
Saudi Arabia Automotive &
Spare Parts Logistics Market
Saudi Arabia automotive & spare parts logistics
market showcased a volatile growth trajectory. Automotive logistics revenue
stood at USD ~ Million in 2019 and further declined at a CAGR of ~% during
2014-2019 due to oil price shock further leading to an economic slowdown during
2016-2017 period. The automotive industry in Saudi Arabia is highly depended on
the imports from different countries. In April 2016, Saudi Arabia announced its
Vision 2030 which includes transforming the Kingdom into a preferred logistics
hub. Large investments in road infrastructure under Saudi Vision 2030, a 680 Km
Saudi-Oman highway and the UAE-Saudi Mafraq-Ghuwaifat International Highway
underway. The government of Saudi Arabia is working on new multi-mode logistic
stations and two new railway lines to link GCC countries in the east &
Yanbu-Jeddah in the west.
Saudi Arabia Automotive &
Spare Parts Logistics Market Segmentation
By Service Mix (Freight
Forwarding, Warehousing and Value Added Services): The logistics industry is
fragmented with few players majorly focusing on the automotive end users. Few
automotive companies are having their own warehouses and fleet for
transportation and avoid outsourcing the logistics services. The
freight-forwarding segment of the automotive & spare parts logistics market
is the biggest contributor to growth in this sector. The cities of Jeddah and
Riyadh have been the most populous cities in the kingdom. These cities also
account for most of the industrial areas and indicate a high demand for
built-to-suit and automated warehouses therefore, driving revenue from
automotive storage.
Saudi Arabia Automotive &
Spare Parts Freight Forwarding Market:-
Freight forwarder offers a range of services
depending on their size, number of personnel, and number of branches.
Increasing auto exports to other Gulf countries & East African countries
including Sudan, Libya, Djibouti and others is stimulating the demand. Saudi
Arabia launched new logistics zone in 2019 which is open to private investors
in the Red Sea port city of Jeddah therefore, diversifying the economy away
from oil and creating more jobs for local Saudis. Road was observed as the most
prominent freight mode in Saudi Arabia for automotive and spare parts
logistics, followed by sea and air in the year 2019.
Domestic freight had dominant share due to large
movement of vehicles & spare parts from the ports to the cities within in
KSA. Major export destinations of automotive & spare parts included GCC
countries such as Bahrain, Jordan, the UAE and others.
Growth is expected to be majorly contributed by
economic & industrial activities associated with logistics services such as
transportation of goods & warehousing. KSA government aims to aggressively
drive and position 50 islands and 100 miles of Red Sea as a global tourist
destination. The expansion of Red Sea corridor in Jeddah, the minerals hub in
Yanbu, King Abdullah port and NEOM project are also expected to drive the
freight forwarding industry.
Saudi Arabia Automotive &
Spare Parts Warehousing Market:-
KSA Warehousing industry ecosystem is dominated by
domestic companies in terms of warehousing space, followed by international
companies. Ecosystem has underscored asset monetization deal with Real Estate
developers purchasing the warehousing assets to generate current income under
operating lease model to warehousing operators. Most of the warehouses are
concentrated in Jeddah, Riyadh and Dammam in Saudi Arabia. The major Companies
include include LSC logistics, Almajdouie Logistics, Mosanada Logistics, Tamer,
Agility and others. Industrial warehouses contributed the majority revenue in
the automotive and spare parts warehousing market. Spare parts are majorly
stored in Industrial warehouses, which are located closer to ICD’s. Majority
spare parts imported into the country are stored in Closed Warehouses, and they
usually arrive in Bulk quantities.
Comparative
Landscape in Saudi Arabia Automotive & Spare Parts
Logistics Market
Competition was observed to
be highly fragmented in both freight forwarding and warehousing segment along
with the presence of both international and domestic players. Nevertheless, the
local / domestic players have a larger presence in the market and were observed
to compete on the basis of key clientele, revenue matrix, logistics networking,
average pricing, technological advancement and value added services.
Saudi Arabia Automotive &
Spare Parts Logistics Market Future Outlook and Projections
The automotive and spare
parts logistics is expected to witness negative growth in 2020, due to lockdown
measures, restriction on various businesses and ban on transportation in the
initial phase. Demand revival for the logistics services is expected to take
close to 10-12 months, before the Industry will get back to normal levels. The
government is planning to pump investment into economic cities and other
industrial projects to boost logistics and transportation centers. KSA
government is highly promoting the integration of multi-modal hubs across the
country. FDI within logistics infrastructure development, constructing regional
& international logistics service centers and improving the efficiency of
trade routes can collectively help the country in becoming a hub over long
term. Development of New Economic Zones / Cities such as KAEC to attract
foreign investments by providing special incentives is another program by KSA
government. The economic cities are planned to be located near to sea ports and
major consumption bases, which is expected to bring manufacturing closer to
these bases.
Key Segments Covered in KSA
Automotive & Spare Parts Logistics Market:-
By Service Mix
Freight Forwarding
Warehousing
Value Added Services
KSA Automotive & Spare Parts
Freight Forwarding Market:-
By Mode of Freight
Road Freight
Air Freight
Sea Freight
By Type of Transport
Domestic Freight
International Freight
By 3PL & Integrated
Logistics
3PL Logistics
Integrated Logistics
By Cost Split
Last Mile
First Mile
By Automotive Segment
Vehicles
Spare Parts
By Sea Flow Corridors
Sudan
GCC
Egypt
Others
By Air Flow Corridors
Sudan
Egypt
Kuwait
Libya
Oman
UAE
Others
By Road Flow Corridors
Bahrain
Jordan
Lebanon
UAE
Kuwait
Oman
Others
KSA Automotive & Spare Parts
Warehousing Market:-
By Business Model
Industrial / Retail
Container Freight / Inland Container Depots
By Cities
Jeddah
Riyadh
Dammam
Others
By Type of Warehouse
Closed Warehouse
Open Warehouse
Key Target Audience:-
International Domestic Freight Forwarders
Warehousing Companies
Logistics Companies
Logistics Consultants
Automotive OEMs
Automotive Dealers/Distributors
Spare Parts Manufacturers
Spare Parts Dealers/Distributor
Time Period Captured in the
Report:-
Historical Period: 2014-2019
Forecast Period: 2019–2025
Companies Covered:-
Oriental Commercial & Shipping Co.
Hala Shipping Services
Gulf System
Uniworld Logistics
Abdui Global
NTF Logistics
Four Winds
KWE Transport
Glaube Logistics
Al Rashed Transport
Arabian Transport Co.
SITCO Logistics
Takhzeen Logistics
Kanoo Terminal
Agility Logistics
Al Khodari Sons & LV Shipping & Logistics Co.
BAFCO International
Wolf Transport
Almajdouie Logistics
GAC Logistics
JAS Logistics
Platinum Logistics
Kerry Logistics
Namma Cargo
Al Jabri Transport
Automotive & Spare Parts
Companies Covered:-
Audi
Mercedes
Isuzu motors
Nissan
Kia Motors
Toyota
Hyundai
Mazda
General Motors
Mitsubishi
Ford
Changan
Key Topics Covered in the Report:-
Saudi Arabia Overview and Major Economic &
Logistics Zones
Automotive Import Procedure (Import Procedure for
Automobiles and Impact of VAT & Custom Duty Increase)
Trade Scenario
Regulatory Landscape
End-User Analysis (Automotive)
End-User Analysis (Spare Parts)
Saudi Arabia Automotive & Spare Parts Logistics Market
Saudi Arabia Automotive & Spare Parts Freight
Forwarding Market
Saudi Arabia Automotive & Spare Parts Warehousing
Market
Industry Analysis (SWOT Analysis, PESTLE Analysis,
Government initiatives)
Covid-19 Impact on the
Automotive Transportation Industry
Snapshot on Control Tower Market
Snapshot on Pre-Delivery
Inspection Market
Covid-19
Impact on Automotive Warehousing Industry
Comparative Landscape – KSA Automotive & Spare
Parts Logistics Market
Comparative Landscape in Saudi Arabia Automotive
Market
Recommendations / Success Factors
Research Methodology
Appendix
For More Information on the research
report, refer to below link:-
Saudi
Arabia Automotive & Spare Parts Logistics Market
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