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Saudi Arabia last mile delivery market to reach $520.9 million by 2030, B2C service & Healthcare to rise at 9.8% & 8.7% CAGR respectively ~ [253 Pages PDF]
PORTLAND, OREGON, UNITED STATES, October 25, 2022 /EINPresswire.com/ — According to the report published by Allied Market Research, the KSA last mile delivery market size generated $285.3 million in 2020, is projected to reach $520.9 million by 2030, manifesting a CAGR of 6.3% from 2021 to 2030.The report offers an extensive analysis of changing market trends, value chain, top segments, top investment pockets, regional scenarios, and competitive landscape.
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The outbreak of covid-19 positively impacted the KSA last mile delivery market. The pandemic has accelerated the growth of the e-commerce sector and its segment, thus increasing the market demand.
Since the outbreak of the pandemic, customers are shopping online and this resulted in the adoption of cashless payment methods in Saudi Arabia, thus driving the growth of the market.
The report offers detailed segmentation of the KSA last mile delivery market based on service type, delivery time, and end use.
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Based on the service type, the B2B segment contributed to the largest market share in 2020, accounting for nearly three-fifths of the total share. However, the B2C segment is projected to grow at the highest CAGR of 9.8% from 2021 to 2030.
Based on delivery time, the regular delivery segment accounted for the largest share in 2020, contributing to more than four-fifths of the KSA last mile delivery market, and is expected to maintain its lead position during the forecast period. However, the express and same day delivery segment is projected to portray the highest CAGR of 9.4% from 2021 to 2030.
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Based on end use, the e-commerce segment held the largest share in 2020, accounting for more than one-third of the market, and is projected to maintain its leadership status during the forecast period. However, the healthcare segment is projected to manifest the highest CAGR of 8.7% during the forecast period.
Leading players of the KSA last mile delivery market discussed in the research include Agility, CMA CGM Group(CEVA Logistics), Abdul Latif Jameel (S:mile), ARAMEX, Aymakan, Bahri, Masar Tracking, Diggipacks, Ajex, Kintetsu World Express, Inc., Caree, SAEE, SMSA Express Transportation Company Ltd., Kuehne+Nagel International AG, Safe Arrival, Saudi Post, Zajil Express, SALASA, NAQEL EXPRESS, and Thabit Logistics.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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