UNITED ARAB EMIRATES FREIGHT AND LOGISTICS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029
Analysis of the United Arab Emirates's Freight and Logistics Market
According to projections, the United Arab Emirates' freight and logistics market will grow at a 6.65% CAGR.
The fastest-growing mode of transportation is via road, and the fastest-growing sector is transportation. With initiatives like the USD 2.7 billion Sheikh Zayed double-deck road scheme, the nation is improving its road network.
The largest destination type is domestic, which is backed by the wholesale and retail trade end-user category, which in 2022 had a share of 58.2% of all destinations.
The largest end user is the wholesale and retail sector: The main end-user group helped by the UAE e-commerce business is the wholesale and retail sector. According to estimates, there will be 20% more stores in the nation in 2022.
The largest temperature control is non-temperature controlled: During the study period, the non-temperature-controlled category reported a larger revenue contribution. But from 87.5% in 2017 to 86.6% in 2021, the percentage share shrank.
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