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According to Logistics and Shipping Industry Research and Market Reports,the UAE is strategically located at the centre of international trade since over one-third of the world's population resides within the range of a four-hour flight and two-thirds within eight hours. – PowerPoint PPT presentation

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Title: Logistics and Shipping Market Research Reports,Industry Analysis,Business Review,UAE Logistics Market Forecast : Ken Research


1
  • UAE Logistics Industry To Burgeon Through
    Innovative Upcoming Business Opportunities Ken
    Research

2
  • Logistics basically refer to the business
    processes that include management and movement of
    goods and services from the point of origin to
    the point of consumption. It happens to be the
    core segment of supply chain management and
    generally involves a plethora of services like
    freight forwarding, multimodal transport via air,
    ship, truck, and rail. It also deals with
    provision of customs brokerage, warehousing and
    storage, tracking, and tracing of freight goods
    services.
  • Talking about the United Arab Emirates, the
    countrys geographical location and
    infrastructure has made it an ideal supply and
    re-distribution gateway and thus, certainly offer
    huge growth potential for the logistics companies
    in the region, according to Logistics and
    Shipping Industry Research and Market Reports.
    Basically, the UAE is strategically located at
    the centre of international trade since over
    one-third of the world's population resides
    within the range of a four-hour flight and
    two-thirds within eight hours.

3
  • Over the years, UAE has well maintained its
    position to be amongst the top logistics hotspots
    in the world offering an evolving major
    transshipment hub, which has been, in the recent
    past, ranked first in the emerging market
    infrastructures and operates on one of the
    leading busiest airports globally, superbly
    connected and well-suited for multi-modal
    transport. According to the World Bank's latest
    Logistics Performance Index, the UAE has been
    ranked 13th out of 160 countries which means
    that UAE supersedes countries like Canada,
    Finland, France, Denmark and Australia and on
    comparison with its emerging market peers, it is
    ranked first cementing to its position as the
    leading logistics hub for rapidly growing
    economies. Furthermore, in the years to come,
    with optimal integration of logistics functions
    and harmonization of the GCC customs regulations
    a synchronized, coordinated, and interconnected
    regional logistics network is bound to be formed
    in the region.

4
  • As per the UAE Logistics Market Business Review,
    it has been explored that factors such as
    economic diversification, amplifying domestic
    demand and holistic development of
    export-oriented industrial centers and free zones
    are highly likely to continue bolstering both
    trans-shipment and regional trade growth in UAE
    since these factors are expected to undergo a
    certain level of amelioration as the years roll
    by and thus, with improving trends industry will
    prosper on its own!
  • Lately, The United Arab Emirates has managed to
    retain its third position after China and India
    on the 2018 Agility Emerging Markets Logistics
    Index mainly due to success being experienced in
    Dubai since the logistics industry over there has
    been noticed to be more promising about this
    sector unlike previous years. The UAE has
    significantly tried to maintain a high ranking
    across several indices owing to the abundance of
    free trade zones, no corporation tax, offer of
    full ownership, and unlimited repatriation of
    profits that have well aided the region in
    establishing a benchmark especially for the
    emerging markets. Consequently, the countries in
    this region are moving vigorously to trigger
    non-energy economic growth, create job
    opportunities, attract new investments, and
    develop knowledge economies.

5
  • According to Ken Research Logistics and
    Transportation Market Research Reports, it has
    been revealed that government investment plans
    and infrastructure development initiatives are
    further expected to propel the economic growth in
    UAE. Also, the logistics infrastructure has gain
    a lot of popularity recently since UAE has
    emerged out evidently as a transshipment hub for
    a successful Europe-Asia trade. Investments are
    being undertaken in full swing at this time
    ultimately resulting in overall infrastructure
    development which will as a result, embolden
    competitiveness of the logistics market.
    Particularly, the investments connected to EXPO
    2020 are anticipated to lure foreign investments
    and thereby ameliorate the holistic investment
    climate that prevails in the region.
  • Besides that, the facts of 2017 have identified
    that the air freight volumes at Dubai
    International Airport grew by nearly 5 and are
    further envisioned to surge at a decent CAGR of
    about 3.2 by 2022. While at Abu Dhabi Airport,
    the air freight volumes evolved by nearly 12 in
    2017 and furthermore are anticipated to prosper
    at a healthy CAGR of around 5.2 by 2022. These
    trends well depict that the demand for these
    logistics services have multiplied in the recent
    years and therefore in order to properly cater to
    the growing demands several initiatives have
    been undertaken for embellishing logistics parks
    as well as free trade zones near airports and
    seaports.

6
  • Not only this the two leading airports of this
    region have rigorously made investments for
    widening and enriching the associated logistics
    facilities in recent years. For instance,
    Emirates Sky Cargo has recently launched a new
    pharmaceuticals facility at Dubai International
    Airport in order to meet the spurring demands for
    pharmaceutical and cold storage products. Going
    forward, this expansion of cold-chain logistics
    services at both the airports is projected to
    raise the air freight volumes in UAE. Thus, both
    Emirates along with Etihad Airways have played a
    crucial role in air cargo in the UAE till now and
    will persist contributing to augmenting cargo
    volumes in the coming years.
  • Majorly, UAE is observed to be at the forefront
    of adoption of newer technologies due to which
    warehouses are becoming automated with the
    support of robotics and automation, and the
    related companies have been able to experiment on
    different autonomous vehicles and drone
    deliveries for efficient and faster last mile
    deliveries. Additionally, a horde of tech-based
    start-ups are mushrooming in the region offering
    robust delivery solutions across various
    e-Commerce logistics segments and such
    hyper-loop, drones, autonomous vehicles, block
    chain, robotics, and artificial intelligence are
    further projected to completely transform the UAE
    logistics market in future.

7
  • To know more, click on the link below
  • https//www.kenresearch.com/automotive-transportat
    ion-and-warehousing/logistics-and-shipping/SC-100-
    45.html
  • Related Reports-
  • https//www.kenresearch.com/automotive-transportat
    ion-and-warehousing/logistics-and-shipping/uae-log
    istics-market-report/4634-100.html
  • Contact us-
  • Ken Research
  • Ankur Gupta, Head Marketing Communications
  • sales_at_kenresearch.com
  • 0124-4230204

8
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