Egypt Logistics Market Experiencing Optimistic Growth Outlook Impelled by Rising FDI and Progression in Transport Infrastructure: Ken Research
Posted on 19 December 2017 by KenResearch Automotive, Transportation and Warehousing,
The report includes Egypt logistics, freight forwarding, warehousing, cold chain, third party logistics, express delivery market size in terms of value, segmentation on the basis of service mix (freight forwarding market, warehousing market and value added services) and by type of industries (oil & gas, engineering equipment, food & beverages, metals, automotive and others). The report also covers value chain analysis for logistics market, comparative analysis of Egypt logistics market with other global logistics markets, trends and developments, issues and challenges, industry norms and regulations and recent developments in the market. The report also covers the competitive landscape of the industry and comprehensive profile of major players (Egyptian Pharmex Logistics, Agility, Ceva Logistics, National Navigation Company, Egyptair Holding, DB Schenker, KGL) operating in the market. The report includes future outlook and projections of the Egypt logistics market, freight forwarding market, cold chain market, warehousing market, 3PL market and express delivery logistics market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report.
December 2017 | Egypt News
- Egypt’s unique geographic location combined with an expanding infrastructure base is enhancing the country’s position as a key global logistics hub for the logistics companies in both domestic and global markets.
- About 90% of Egypt’s foreign trade is shipped through ports, which also allow the country’s logistics capacity to expand simultaneously with the volume of trade.
The World Bank’s Logistics Performance Index shows Egypt has significantly improved its logistics performance over the past few years, with the country moving from 92nd in 2010 to 49th in 2016. Increased efficiency in international shipments and infrastructure improvements has aided the country’s logistics performance. Although the sector has developed rapidly over the years, there is still huge potential for further growth, particularly as demand for imported goods increases in line with the growing per capita income. Furthermore, domestic enterprises are shifting their focus to export markets, which also requires an efficient and modernized transport infrastructure and logistics services. These major drivers are expected to drive the demand of logistics sector in upcoming years.
Egypt logistics sector has been witnessing large FDI as a result of the opening up of the Egyptian economy, globalization and an increase of trade traffic. Increasing FDI in the country has aided various domestic companies in improving their supply chain network. Sea freight will invariably see more activity in upcoming years as nearly 40% of global oil transfer and 15% of trade traffic pass through the Suez Canal, and Egypt’s seaports handles around 90% of imports and exports. The Government of Egypt has introduced various initiatives such as building a new airport city at Cairo International Airport, budgets for construction of road infrastructure and others will aid the growth of logistics in upcoming years.
Rising Import and Export of Goods in Egypt, growing air transport freight and increasing number of enterprises in transportation industry are some other key factors that may have positive impact on the market, according to the Analyst at Ken Research.
Ken Research in its latest study, Egypt Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, by Express Delivery and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022, suggests that demand for logistics in the country will grow at a stable growth rate owing to growing domestic demand for imports and a rapid rise in export oriented businesses.
Key Topics Covered in the Report
Logistics Infrastructure in Egypt
Value Chain Analysis for Egypt Logistics Market
Egypt logistics market size
Egypt Freight Forwarding Revenue
Major Players in Egypt Logistics Market
Freight Forwarding Companies in Egypt
Competition in Egypt Logistics Market
Egypt Cold Chain Revenue
Cold Storage Warehouses in Egypt
3PL Companies in Egypt
Egypt Logistics Market Future Growth
National Navigation Company Market Share
Egyptair Holding Fleet Size
Agility Revenue from Logistics
Egyptian Pharmex Logistics competition Egypt logistics
Future of Egypt Logistics Market
Upcoming Logistics Projects in Egypt
Government Spendings on Logistics and Infrastructure Egypt
Market share leading companies Egypt 3PL
International domestic revenue Egypt logistics
Growth Egypt Express Logistics Industry
Cold Storage Warehouses in Egypt
Cold Transport Services in Egypt
Sea Freight, Land Freight, Air Freight Demand
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Ankur Gupta, Head Marketing