GCC Road Freight Market Forecasts, 2020-2025 - Infrastructure Development & Economic Diversification Will Open Opportunities in the Road Freight Transportation Market

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Jan 15, 2020, 09:45 ET

DUBLIN, Jan. 15, 2020 /PRNewswire/ -- The "GCC Road Freight Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The road freight market in the GCC countries is forecasted to grow by a CAGR of 5% between 2020 and 2025.

This study analyses key road freight market trends and provides the growth outlook for the GCC road freight market in terms of the size of market segments, such as FTL, LTL, bulk, temperature-controlled, and courier, parcel, and last-mile delivery services.
It also covers the technology adoption trends, infrastructure development plans, intra-GCC trade snapshots, road freight regulations, fuel prices and subsidies, and their implications for the freight transportation and supply chain service providers.
In addition to the analysis of the impact of new business models like connectivity and convergence, segment-specific competitive landscape and opportunities for the road freight market have also been included in the analysis.

The Gulf Cooperation Council (GCC) countries are emerging as highly competitive countries in terms of road infrastructure and government initiatives to improve the same. The GCC countries have a large pipeline of road infrastructure development projects in the pipeline, boosting the sector. Emerging technologies like driverless trucks and platooning are on the horizon.

Despite being in the developmental stages, these technologies have the potential to be transformative. Among the GCC nations, Saudi Arabia's logistics market is the largest, accounting for nearly 40% of the total market size in the region. The full truck load (FTL) and less than truck load (LTL) segment currently constitute almost half of the total road freight market in the GCC and will continue to rise in the coming years due the region's strategic position and its free trade zones and economic cities. FTL constitutes the major share in the GCC road freight segment at 30% owing to high volume and large ticket size of orders and consignments.

The GCC road freight market is highly fragmented with a low level of technology adoption and efficiency in operations.

The density of the road network in the region is low, driver qualifications also do not meet the benchmarks set by western counterparts. Major drivers for the road freight market includes increasing technology adoption such as digital freight platforms, increasing demand for fleet management solutions, road infrastructure development plans, and eCommerce growth, increasing growth in intra-GCC trade, the introduction of new road freight regulations and tax reforms (VAT), and the development of rail networks, free trade zones, and economic cities in the region.

Online freight marketplaces, eCommerce, and digitization is expected to streamline the road freight market in the GCC countries. Strategic partnerships with a focus on horizontal and vertical integration are increasingly being adopted by various service providers.

Key Topics Covered

1. Executive Summary

Key Findings
GCC Road Freight Market Snapshot
Road Freight Market by Segment
Upcoming Trends in GCC Road Freight

2. Research Scope and Methodology

Key Questions this Study will Answer
Market Definitions

3. GCC Transport Connectivity and Road Infrastructure Network

Road Freight Market Size Forecast
Market Segmentation - Road Freight Market
Key Road Freight Metrics and Index
UAE Ranked 1st in Terms of Logistics Performance Index
Key Industry Segments in GCC Road Freight Market
Cost of Road Freight Transportation and Trucks on Road
Road Freight Companies - Capacity Assessment

4. Key Enablers and Constraints

Technology-enabled Transformations Roadmap
Logistics and Road Infrastructure Strategic Development Plans
eCommerce Transforming Logistics Landscape
Growing Intra GCC Trade
Road Freight Regulations Set to Streamline Logistics
Existing Trade Network in GCC
Existing Trade Network in GCC (continued)
Gulf Rail Connection - Changing The GCC Transportation Landscape
Impact of Mega Trends

5. Opportunities and Challenges by Segments

Key Challenges
Challenges and Opportunities in the FTL Segment
Challenges and Opportunities in the Bulk Segment
Challenges and Opportunities in the Temperature Controlled Segment
Challenges and Opportunities in the LTL Segment
Challenges and Opportunities in the Focus - Courier/parcel/last-mile Segment

6. Competitive Landscape

Competitive Landscape - Road Freight Market Segments
Competitive Landscape - Road Freight Market Segments (continued)
Service Offerings and Industry Focus for Players Specializing the in FTL Segment
Fleet and Strategic Focus for Players Specializing in the FTL Segment
Service Offerings and Industry Focus for Players Specializing in the LTL and Bulk Segments
Fleet and Strategic Focus for Players Specializing in the LTL and Bulk Segments
Service Offerings and Industry Focus for Players Specializing in the Temperature Controlled Segment
Fleet and Strategic Focus for Players Specializing in the Temperature Controlled Segment
Service Offerings and Industry Focus for Players Specializing in the Courier/Parcel/Last-mile Segment
Fleet and Strategic Focus for Players Specializing in the Courier/Parcel/Last-mile Segment
Logistics Startups Transforming GCC Road Freight Services
Logistics Ecosystem and Online Freight Services

7. Growth Opportunities and Companies to Action

Growth Opportunity - Road Freight
Strategic Imperatives for Success and Growth
Growth Opportunities in Technology Lead Transformation
Growth Opportunities by Segments

8. The Last Word

The Last Word - 3 Big Predictions

9. Appendix

List of Exhibits

For more information about this report visit https://www.researchandmarkets.com/r/59elet

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