Warehousing space in Riyadh has grown into 16 Mn sqm in 2022. Registering a growth rate of 6%. Will KSA continue to support the warehousing market in future? : Ken Research
1.Increasing Cold Chain Capacity in KSA
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Other important elements that have fueled the expansion of cold storage facilities and cold storage logistics in Saudi Arabia include the adoption of advanced technologies like automation and WMS (warehouse management systems) to improve functionality and efficiency
Latest acquisitions and partnerships in Cold chain sector
Saudia Cargo has added Tower Cold Chain to its approved roster of temperature-controlled containers for shipping pharmaceutical, biotech and life science products, in a new global rental agreement. The deal reinforces Saudia Cargo’s commitment to having the broadest possible selection of cold chain products (both in terms of cargo size and temperature requirements) to serve the growing requirements of pharmaceutical customers from around the world. A key benefit of Tower Cold Chain’s technology is its reliability in maintaining product integrity without the need of electricity even in extreme heat, meaning that a robust solution is required to prevent temperature excursions.
2.Saudi Arabia warehousing market is moving towards real estate Investments with logistic companies promoting partnerships
Organized Warehousing Supply
Saudi Arabia has large no. of organized warehouses with 15.4 Mn sqm warehousing space in Riyadh and 12.3 Mn sqm in Jeddah.
Space Moving Towards Consolidation
Unorganized sector cannot compete with the huge investments and tech advancements and is losing business.
MNCs Driving Competition in the Sector
MNCs adhere to strict global standards of quality in providing warehousing services, which is driving Saudi Arabia companies to follow the same.
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KSA Warehousing Market Segmentation
By Ownership
- Owned
- 3PL
By City
- Riyadh
- Jeddah
- Others including Damam and more
By End-Users
- Consumer Retail
- Food and Beverages
- Healthcare
- Automotive
- Others
By Business Model
- Industrial/Retail Warehouses
- CFS/ICD Warehouses
- Cold Storage
- Agriculture and Other Warehouses
Major Players Mentioned in the Report:
- LSC Logistics
- Agility Logistics+DSV
- Almajdouie Logistics
- Mosanada Logistics
- Tamer Logistics
- BAFCO International Logistics and Shipping Co.
- Hala Supply Chain
- United Warehousing Co.
- Wared Logistics
- Kanoo Terminal
- Logipoint
- DHL Global Forwarding
- GAC
Key Target Audience
- E-commerce Companies
- Third-Party Logistic Providers
- Potential Market Entrants
- Freight Forwarding Companies
- Warehousing Companies
- Cold Storage Companies
- Industry Associations
- Consulting Agencies
- Government Bodies & Regulating Authorities
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2027
For More Insights On Market Intelligence, Refer to the Link Below: –
Saudi Arabia Warehousing Market Outlook to 2027
https://www.kenresearch.com/industry-reports/ksa-warehousing-industry
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UAE Warehousing Automation Market Outlook to 2026F
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