GCC Warehousing And Distribution Logistics Market Size (2024 - 2029)

GCC Warehousing and Distribution Logistics Market Analysis

The GCC Warehousing And Distribution Logistics Market size is estimated at USD 15.80 billion in 2024, and is expected to reach USD 22.72 billion by 2029, growing at a CAGR of 7.54% during the forecast period (2024-2029).

• There has been an increase in warehousing demand in GCC countries due to huge investments by the companies for their inventory storage and logistics market-driven by e-commerce. Technology advancement is also supporting market growth.
• The GCC's warehousing and distribution logistics market is estimated to witness substantial growth during the forecast period due to the increasing warehousing infrastructure and government and private investments to develop the region into a robust logistics hub with pro-business regulatory policies.
• The UAE is one of the fastest-growing countries in the GCC region, owing to the rising importance of Dubai in world trade and its strong economic outlook for the forecast period. Bahrain offers some of the lowest setups and operating costs for a logistics business, with cost savings of 30-40% compared to the rest of the GCC. This has encouraged several companies to invest in the country to set up businesses and access the GCC and the Arab world.
• According to industry sources, despite the COVID-19 pandemic-induced economic challenges, the Saudi warehousing sector maintained its winning streak in 2021 as e-commerce and megaprojects boosted demand for larger areas. The need for warehousing is predicted to grow in the next few years due to the growing population and planned big projects in line with Saudi Vision 2030.
• Riyadh, Jeddah-King Abdullah Economic City (KAEC), and Dammam-Al Khobar are the main hubs for the Kingdom's logistics and warehousing business, with a combined supply of 72 million square meters.
• The interest in time-tested warehouse automation systems that pick, pack, sort, and transport products across the facility is rising. To maximize the benefit of automation, end users are increasingly researching ways to incorporate this automation into warehouse software platforms like warehouse management and warehouse control systems (WCS).

GCC Warehousing and Distribution Logistics Industry Segmentation

The act of holding items for subsequent sale or distribution is known as warehousing. The planning, realization, and control of the movement of commodities is the subject of distribution logistics, commonly referred to as sales logistics. It is an inter-organizational logistics system to improve the effectiveness of the logistics channel from the supplier to the customer, particularly in terms of costs and performance.

A complete background analysis of the GCC Warehousing and Distribution Logistics Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.

The warehousing and distribution logistics market in GCC is segmented by countries Saudi Arabia, United Arab Emirates, Kuwait, Oman, Qatar, and Bahrain. 

The report offers market size and forecasts for the GCC warehousing and distribution logistics market in value (USD) for all the above segments.