Oman Third-Party Logistics (3PL) Market 2021-2026 skyrocketed revenue with key players like DHL Supply Chains, Sultan Bin Soud Ahmed Al, Kunooz Logistics Global, Premier Logistics Muscat, Al Madina Logistics Company, Global Logistics (Oman) Llc

Latest research on Oman Third-Party Logistics (3PL) Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Oman Third-Party Logistics (3PL) market. This report included a special section on the Impact of COVID19. Also, Oman Third-Party Logistics (3PL) Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Oman Third-Party Logistics (3PL) industry.

Oman Third-Party Logistics (3PL) market is growing at a CAGR of 6.5% during the forecast period (2021-2026).

The Oman Third-Party Logistics (3PL) market is highly competitive and consists of a number of major players. Top Companies like DHL Supply Chains, Sultan Bin Soud Ahmed Al, Kunooz Logistics Global, Premier Logistics Muscat, Al Madina Logistics Company, Global Logistics (Oman) Llc, Aramex Muscat, Al Wattaar Trading, Marafi Asyad Company, Khimji Ramdas - Shipping & Services Group, United Shipping & Trading Agency, Maersk Shipping Services & Company L L C*

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Oman Third-Party Logistics (3PL) market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Oman Third-Party Logistics (3PL) Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

The government of Oman is planning to bring down the economy's dependence on oil and gas sector by aggressively diversifying into other industry verticals. Government initiatives such as an investment of USD 50 billion in infrastructure projects for over the next 15 years until 2028 is expected to benefit the overall logistics industry of the country.

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Key Market Trends

Investments in the Country Boosting the Logistics Sector

Having a coastline of 2,100 kilometres at the mouth of the Gulf, and good relations with its neighbours, Oman has a unique opportunity to become the logistics gateway to the GCC consumers and a key centre between Europe and Asia. The Omani government is taking up the promotion of Oman as a main logistics centre in the region through infrastructure investments improving the national logistics development plans, economic diversification, and increase in trade with the GCC, Asia and African nations.

The logistics industry in Oman is undergoing a change conquering the infrastructure block, that includes lack of investment in the port handling capacity, and poor land transportation network with the other Gulf Cooperation Council nations.

- On January 2020, UAE based Tristar Group announced a deal to lease about 11,000 sq. meters of land to develop a logistics project in the Port of Duqm with 3,048 sq. meters of covered warehouse capacity, 5,000 pallet positions and yard for future expansion offering 3PL as well as 4PL services.

- The international freight forwarding and logistics company Panalpina is developing a new office in Muscat, Oman handling around 9,00,000 barrels of oil produced in Oman every day and grab the opportunity to benefit from this lucrative market.

Fisheries boosting the demand for cold chain logistics

Oman is facing a steady growth in the demand for refrigerated trucks with the increasing demand for frozen food and ready to eat meals. The need for special care along with the developing standard of living of the urban population has led the food & beverage sector to become the largest end-user in the industry. Oman has a huge consumer base of fish with an annual consumption of 28 kg fish per person. The Omani Government is focusing on increasing the fish production of the country. There is a rush in the business of hyper marts and convenience stores across Oman, especially in the online grocery delivery segment. These factors are demanding for huge investments in cold chain logistics in terms of advanced trucks with regulated temperatures, multi-level refrigeration and RFID technology, and storage facilities.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Oman Third-Party Logistics (3PL) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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