KSA Last Mile Delivery Market to Reach $520.9 Million by 2030, Driven by 6.3% CAGR

According to a recent report published by Allied Market Research, titled, "KSA Last Mile Delivery Market Size, Share, Competitive Landscape and Trend Analysis Report by Service Type (B2B and B2C), Delivery Time (Regular Delivery and Express & Same-day Delivery) and End Use (E-commerce, Retail & FMCG, Healthcare, Mails & Packages, and Others): Opportunity Analysis and Industry Forecast, 2021-2030". 𝐓𝐡𝐞 𝐊𝐒𝐀 𝐥𝐚𝐬𝐭 𝐦𝐢𝐥𝐞 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟐𝟖𝟓.𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟓𝟐𝟎.𝟗 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟔.𝟑% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/15988

𝐊𝐒𝐀 𝐋𝐚𝐬𝐭 𝐌𝐢𝐥𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 :

𝐁𝐲 𝐒𝐄𝐑𝐕𝐈𝐂𝐄 𝐓𝐘𝐏𝐄 :
B2B
B2C

𝐁𝐲 𝐃𝐄𝐋𝐈𝐕𝐄𝐑𝐘 𝐓𝐈𝐌𝐄 :
Regular Delivery
Express and Same day Delivery

𝐁𝐲 𝐄𝐍𝐃 𝐔𝐒𝐄 :
E Commerce
Retail and FMCG
Healthcare
Mails and Packages

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

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,
Thabit Logistics.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/ksa-last-mile-delivery-market/purchase-options

The last mile delivery, also known as last mile logistics, is the last leg of a journey comprising the movement of goods from a transportation hub or warehouse to their final delivery destination. Last mile delivery aims to deliver items to customers as quickly as possible while minimizing company costs. The last mile delivery accounts for more than ~50% of the total shipping cost.

The growth of the KSA last mile delivery is majorly driven by development of the e-commerce industry and increase in trading activities due to globalization. However, poor infrastructure & higher logistics costs and lack of control of manufacturers & retailers on logistics service are the factors that hamper the growth of the last mile delivery market. On the contrary, rise in adoption of electric vehicles for cost-effective delivery, introduction of autonomous vehicles for last mile delivery purpose, and surge in number of urban warehouses to meet the growing demand are some of the potential factors that are expected to offer remunerative opportunities for the growth of the market during the forecast period. Furthermore, the Kingdom of Saudi Arabia serves as one of major destinations for start-ups among other countries such as New Zealand and Japan, which notably contributes toward the market growth.

In addition, cost cutting & lead time reduction due to adoption of multi-modal system and rise in venture capital & strategic investments supplement the growth of the KSA (Saudi Arabia) last mile delivery market.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/15988

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘 :

By service type, the B2C segment is expected to register significant growth, registering a CAGR of 9.7% during the forecast period.

Depending on delivery time, regular segment is projected to lead the KSA market in terms of market share by the end of the forecast period.

On the basis of end use, the e-commerce segment is projected to exhibit the highest growth, in terms of market share, by the end of the forecast period.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

Warehousing and Distribution Logistics Market : https://www.alliedmarketresearch.com/warehousing-and-distribution-logistics-market-A11526

Hazardous Goods Logistics Market : https://www.alliedmarketresearch.com/hazardous-goods-logistics-market-A11528

Automotive Logistics Market : https://www.alliedmarketresearch.com/automotive-logistics-market-A31507

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 :

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𝐀𝐛𝐨𝐮𝐭 𝐮𝐬 :

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.

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