Freight and Logistics Market- Egypt
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 10.1 Billion
Market Forecast in 2032: USD 15.4 Billion
Market Growth Rate: 4.70% (2024-2032)
The Egypt freight and logistics market size reached USD 10.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 15.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.70% during 2024-2032.
Egypt Freight and Logistics Market Trends:
The Egypt freight and logistics market is expanding rapidly, owing to several interconnected factors. Primarily, the market is driven by the increasing emphasis of the country on trade growth as well as infrastructure development. Meanwhile, the goal of government programs like the Suez Canal Economic Zone (SCZone) and other large-scale projects is to establish Egypt as a major hub for international logistics. This strategic location connects Africa, Asia, and Europe, driving the demand for efficient freight and logistics services. In line with these factors, the rising number of international companies investing in the logistics capabilities of the region and the expansion of the domestic supply chain networks are playing a crucial role in enhancing the growth of the Egypt freight and logistics market. Additionally, the increasing volume of imports and exports, coupled with the burgeoning e-commerce sector, is further accelerating the need for robust logistics solutions.
Egypt Freight and Logistics Market Scope and Growth Analysis:
Another significant trend in the Egypt freight and logistics market is the rapid adoption of digital technologies and automation. Furthermore, logistics providers are increasingly implementing advanced solutions like real-time tracking, route optimization, and warehouse management systems to improve operational efficiency. In addition to these factors, the push towards sustainability, with companies focusing on green logistics practices, is also gaining momentum.
Moreover, public-private partnerships are promoting the development of transport infrastructure, such as highways, ports, and railways, which is crucial for improving freight connectivity. Consequently, these advancements, along with the growing need for integrated logistics services, are expected to sustain the expansion of the Egypt freight and logistics market in the coming years.
Egypt Freight and Logistics Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Egypt freight and logistics market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Type Insights:
- Courier, Express and Parcel
- By Destination Type
- Domestic
- International
- By Destination Type
- Freight Forwarding
- By Mode of Transport
- Air
- Sea and Inland Waterways
- Others
- By Mode of Transport
- Freight Transport
- By Mode of Transport
- Air
- Pipelines
- Rail
- Road
- Sea and Inland Waterways
- By Mode of Transport
- Warehousing and Storage
- By Temperature Control
- Non-Temperature Controlled
- Temperature Controlled
- By Temperature Control
- Others
End Use Industry Insights:
- Agriculture, Fishing and Forestry
- Construction
- Manufacturing
- Oil and Gas
- Mining and Quarrying
- Wholesale and Retail Trade
- Others
Regional Insights:
- Greater Cairo
- Alexandria
- Suez Canal
- Delta
- Others
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=23817&flag=C
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Egypt freight and logistics industry.
Other Key Points Covered in the Report:
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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