openPR Logo
Press release

Oman Express Logistics Market is Expected to Register a CAGR of 11.7% during 2018-2022: Ken Research

01-10-2020 01:09 PM CET | Logistics & Transport

Press release from: Ken Research

Oman Express Logistics Market is Expected to Register a CAGR

• Express services are likely to become more significant in near future as Oman’s economy becomes increasingly integrated owing to rapid growth in international trade services.
• Growth in E-commerce industry will drive the express delivery market owing to the rising demand of this service for B2C business segment.

Express delivery services in Oman will experience significant growth owing to significant technological advancements. In this process, various logistics systems have been presented, such as spoke-hub paradigm, as well as new information technology, called GIS method. Adopting these systems, express delivery service companies can optimize their logistics process in near future by controlling costs and speeding up delivery.

The rising prominence of online shopping will also contribute towards a long term growth for EDS (Express Delivery Segment), especially by B2C segments in future. In accordance with Oman e-commerce association, the rapid development of online trading activities has opened great opportunities for express delivery firms in the domestic market.

It has also been anticipated that the express market will be majorly driven by the push from Sultanate of Oman Logistics Strategy 2040 (SOLS 2040), a roadmap to increase logistics revenue contribution to Oman’s GDP to 10% from current 4.9%. Sizeable financial commitments from the government towards development of Muscat and Salalah airports and projects to develop high quality road infrastructure will lead to increased handling and delivery of freight from Oman.

The future is digital and the express logistics industry is increasingly seeing disruptions from the entry of technology. The market is seeing innovations using Artificial Intelligence (AI), cloud-based analytics, modular software, autonomous vehicles, Radio Frequency Identification (RFID) and others. These technological innovations will have a huge impact on parameters of service efficiency like level of automation, easy access to clients, cost reduction, time expended and human resources needed
Analysts at Ken Research in their latest publication “Oman Express Logistics Market Outlook to 2022 – By International and Domestic Express” believe that infrastructural development, E-commerce tie-ups, technological advancement and robust customer feedback system will have a positive impact of market. Oman express logistics market is expected to register a positive CAGR of 11.7% during the forecast period 2018-2022.

For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/oman-express-logistics-market/149660-100.html

Related Reports:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/indonesia-logistics-warehousing-market/142316-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/malaysia-logistics-market-research-report/142315-100.html

https://www.kenresearch.ae/automotive-transportation-and-warehousing/logistics-and-shipping/singapore-logistics-warehousing-market/134595-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/qatar-logistics-warehousing-market-report/87939-100.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Oman Express Logistics Market is Expected to Register a CAGR of 11.7% during 2018-2022: Ken Research here

News-ID: 1893971 • Views: 209

More Releases from Ken Research

Greenfield and Brownfield Growth in Healthcare establishments Fuelled by Rise in …
The geriatric population is likely to increase to 25.4 Million in FY'2025. This will lead to an increase in demand for diagnosis and treatment of various health ailments like chronic disorders. o The per capita healthcare expenditure will likely grow at a CAGR of 3.8% to a value of USD 1,419.8 Crore in 2025. This will lead to growth in the sales volume
Vietnam Healthcare Market on the Basis of Revenue is expected to Reach USD 18 Bi …
o The total number of public and private hospitals is likely to exceed 1,890 by 2022 as compared to over 1,530 in 2017 as investments in establishing healthcare facilities continues to witness an upward trend. o Rising need for screening of infectious diseases and establishment of hospitals and clinics and up gradation of existing lab services to foster clinical laboratory market. Emphasis on providing quality healthcare services in rural areas and clinical
Vietnam Cold Chain Market is Expected to reach USD 1.8 billion by 2021: Ken Rese …
Vietnam Cold Chain Market by Type (Cold Storage and Cold Transport), by Industries (Meat and Seafood, Pharmaceutical, Fruits and Vegetables, Bakery and Others), by Type of Cold Storage (Rented and Owned), by Demand for Cold Storage by Region (HCM, Hanoi and others), by Type of Cold Storage (Manufacturing Cold Storage, Trading Cold Storage And Bonded Warehouse Cold Storage), by Size of Cold Storage Firms (Small, Medium and Large), by Domestic
US Executive Education Programs Market is Expected to Reach USD 1.17 billion by …
US Executive Education Programs market size (by revenue, by number of enrollments, by number of programs), market segments (by open & customized programs, by type of courses, by universities and by mode of deliveries), US online executive education market, Competitive landscape of major players in the US Executive Education Programs market including Harvard Business School, The Wharton School, MIT Sloan School of Management, Stanford Graduate School of Business, UCLA Anderson

All 5 Releases


More Releases for Oman

Oman: Country Intelligence Report
"Oman: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Oman today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband and mobile markets, as well as a review of key regulatory trends. Total
New subsidiary in the Sultanate of Oman
On 12 December 2017, the newly established subsidiary Lahmeyer and Tractebel Engineering Consultancy LLC in the Sultanate of Oman hosted an inauguration event for its opening. The Joint Venture with the Al-Sulaimi Group will strengthen the local positioning of the international engineering company Tractebel. The inauguration event was attended by the CEOs of many of the companies’ most important customers. “Our inauguration party was a big success as we were able
Oman Crude Oil Refinery Outlook to 2022
ReportsWeb.com published “Crude Oil Refinery Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. "Oman Crude Oil Refinery Outlook to 2022" is a comprehensive report on crude oil refinery industry in Oman. The report also provides details on oil refineries such as name, type, operational status, operator apart
3rd Annual HR Oman Summit Opens in Muscat, Oman
Fleming Gulf's 3rd Annual HR Oman Summit was officially inaugurated on 27th Jan at Intercontinental Muscat, Oman by 'His Excellency AL Sayed Salim Musalam Ali Al-Busaidi, Under-Secretary Of Administrative Development Ministry Of Civil Service, Oman. Aptly themed 'Time For Change- Next Generation HR- Evolution 2.0', the summit hosted over 70 distinguished HR professionals from Oman and other Middle East countries who discussed crucial issues on how to seize new opportunities with value-added
Oman Power Market Outlook to 2014
RNCOS has recently added a new Market Research Report titled, “Oman Power Market Outlook to 2014” to its report gallery. In Oman, the consumption of electricity is rapidly increasing. In the past few years, the power demand has almost doubled due to increased economic and industrial activities. According to our new research report on Oman power market, the electricity demand and supply mechanism is still balanced in the country, and
Oman Banking Sector Analysis
RNCOS has recently added a new Market Research Report titled, “Oman Banking Sector Analysis” to its report gallery. In Oman, sound macro-economic policies, stable financial system, and fine-tuned monetary policy measures have supported the financial sector, which has witnessed high deregulation, strides in the use of technology, and transparency. According to estimations, carried out in our latest research report, banking assets will grow at a compound annual rate of around