According to the latest report by IMARC Group, titled “Egypt Freight and Logistics Market Report by Logistics Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Others), End Use Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others), and Region 2024-2032,” the report presents a thorough review featuring the Egypt freight and logistics market forecast report, growth, share, trends, and research of the industry.
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.
The favorable location of the country as a gateway between Europe, Africa, and the Middle East is one of the factors responsible for the growth of the Egypt freight and logistics market. This prime positioning has made Egypt a critical hub for international trade, particularly through the Suez Canal, being one of the most important maritime routes that is fueling the market.
The recent expansion of the canal has further enhanced its capacity, allowing it to accommodate larger vessels and increase traffic, thereby boosting the demand for logistics and freight services. Moreover, the focus by government authorities on infrastructure development, including new ports, highways, and rail networks, is significantly improving the efficiency and connectivity of the logistics sector. These developments are attracting both domestic and international investments, further propelling the market.
For an in-depth Analysis, Request a Free Sample Report: https://www.imarcgroup.com/egypt-freight-logistics-market/requestsample
Egypt Freight and Logistics Market Trends & Drivers:
A significant trend in the Egypt freight and logistics market is the increasing utilization of digital technologies and automation. In addition to this, as the industry seeks to enhance operational efficiency and reduce costs, there is a growing emphasis on the use of advanced technologies such as GPS tracking, warehouse management systems, and blockchain for supply chain transparency.
xE-commerce growth in Egypt is also driving the need for more sophisticated and responsive logistics solutions, particularly in last-mile delivery. Furthermore, the rise of free trade agreements and economic zones is encouraging the expansion of logistics services to support growing trade volumes. As the country continues to modernize its logistics infrastructure and embrace digital transformation, the Egypt freight and logistics market is expected to experience sustained growth in the coming years.
Egypt Freight and Logistics Market Report Segmentation:
The report provides an analysis of the key trends in each segment of the market, along with forecasts at the country levels for 2024-2032. The market has categorized based on logistics function and end use industry.
Breakup by Logistics Function:
- Courier, Express and Parcel
- By Destination Type
- Domestic
- International
- Freight Forwarding
- By Mode of Transport
- Air
- Sea and Inland Waterways
- Others
- Freight Transport
- By Mode of Transport
- Air
- Pipelines
- Rail
- Road
- Sea and Inland Waterways
- Warehousing and Storage
- By Temperature Control
- Non-Temperature Controlled
- Temperature Controlled
- Others
Breakup by End Use Industry:
- Agriculture, Fishing and Forestry
- Construction
- Manufacturing
- Oil and Gas
- Mining and Quarrying
- Wholesale and Retail Trade
- Others
Breakup by Regional:
- Greater Cairo
- Alexandria
- Suez Canal
- Delta
- Others
Competitor 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.
Speak to an Analyst or Any Inquiry Before Buying the Report: https://www.imarcgroup.com/request?type=report&id=23817&flag=C
Key highlights of 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
Note: If you need specific information that is not currently within the scope of the report, we can 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.
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | Americas: +1 631 791 1145
Comments
0 comment