Sunday, January 29, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Automotive, Transportation and Warehousing Saudi Arabia Automotive & Spare Parts Logistics Market Outlook, Industry, Size, Share,...

Saudi Arabia Automotive & Spare Parts Logistics Market Outlook, Industry, Size, Share, Growth, Trends and Forecast 2025: Ken Research

Saudi Arabia has been setting measures toward diversifying its economy away from oil, thus undertaking an ambitious way to evolve the go-to logistics hub for the area. 

A volatile development pattern characterizes Saudi Arabia’s Automotive & Spare Parts Logistics Market. Automotive logistics revenue totaled USD ~ Million in 2019 but declined at a CAGR of ~% during 2014-2019, largely due to the oil price shock and ensuing economic slowdown from 2016-2017. The automotive industry in Saudi Arabia is favorably dependent on imports from different countries.

Research-based companies have looked deeply into the Saudi Arabia Automotive & Spare Parts Logistics Market and found that there will be significant growth in the industry in the next few years. The Saudi Arabia automotive spare parts logistics market, provides an industry overview, including market size, market share, growth trends, and forecasts for 2023 to 2028. 

The market dynamics division of the report elaborates on the present market drivers, limitations, challenges/risks, and approaching prospects. This province can affect any company’s strategists and new product development division. 

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=MzczMzE0

Saudi Arabia Automotive Spare Parts Logistics Market segments feed the market size in revenue and sales. These details are bifurcated into two- by region and later by the government. 

The data is gathered via primary interviews with industry specialists worldwide. These market estimates are also impacted by the latest social, political, and economic shifts and the current market dynamics affecting this automotive spare parts logistics market.

The next provinces of the Saudi Arabia Automotive & Spare Parts Logistics Market Outlook the market competitiveness and profile of some key market players/manufacturers. These sections are knowledgeable for understanding the competitor’s product line, financials, recent developments, and the top market share owners in the industry.

Market Overview – Saudi Arabia Automotive & Spare Parts Logistics Market

Most automobile imports were observed from Japan, pursued by the USA, Germany, South Korea, and others. Most spare parts were imported from Japan, followed by South Korea, Germany and others. The UAE dominated the market with the majority market share in terms of automotive export value, followed by China, Sudan, Iraq, and others.

The automotive and spare parts logistics industry is expected to experience negative growth in 2020 due to widespread lockdown measures and transportation bans that were put in place during the initial outbreak of the pandemic. It is estimated that demand will take approximately 10-12 months to return to normal levels. The government is pumping investment into economic cities and other industrial projects to boost the economy. Additionally, the KSA government is promoting the integration of multi-modal hubs across the country and encouraging foreign investment in logistics infrastructure development. The country hopes to position itself as a hub for transportation and trade in the long term by taking these measures.

For More Information on the research report, refer to below link:-

Saudi Arabia Automotive & Spare Parts Logistics Market Outlook: Ken Research

Related Reports:-

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

Follow Us

LinkedIn | Facebook | Twitter YouTube

Contact Us:-
Ken Research

Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

RELATED ARTICLES

Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Buy Now Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the...

The versatile nature and being great substitutes for helicopters, unmanned flights at a lower cost, the USA Drone market is expected to flourish in...

Buy Now USA Drone Market Ecosystem USA Drone Market is in the growing stage, the market is majorly consolidated. Domestic and International players coexist in the...

The Philippines Logistics Market is expected to grow at a CAGR of 8.2%, 2022P- 2027F owing to the Rapid Improvement in the Logistics Infrastructure...

Buy Now Philippines Logistics Market Ecosystem The Philippines Logistics Market is in the growing stage, being driven by increasing demand for food, beverages, and manufacturing products....

Most Popular

Global Mental Wellness Industry is growing at a CAGR of ~6% during 2022-2028: Ken Research

Buy Now Global Mental Wellness Market by Age Group The Global Mental Wellness market is segmented by Age group into Adult, Geriatric and Teenager. The adult segment...

Global Mental Wellness Market is expected to reach a market size of ~US$ 150 billion by 2028: Ken Research

Buy Now What is the Size of Global Mental Wellness Industry? Global Mental Wellness market is growing at a CAGR of ~% in 2017-2022 and is...

Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Buy Now Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the...

Dossier 360, Provides You Unrestricted Access to All Bundled Research Reports: Ken Research

Ken Research is one of the best market research and consulting firm, based out of India, UAE, and Indonesia. We recommend business intelligence and...