Middle East & Africa Third-party Logistics Market Size & Outlook
Middle East & Africa third-party logistics market, 2018-2030 (US$M)
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MEA third-party logistics market highlights
- The MEA third-party logistics market generated a revenue of USD 110,693.9 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, itm was the largest revenue generating services in 2023.
- VALs is the most lucrative services segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 110,693.9 million |
| Market revenue in 2030 | USD 193,433.4 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Itm |
| Fastest growing segment | VALs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DCC/Freight Forwarding, DTM, ITM, W&D, VALs |
| Key market players worldwide | Burris Logistics, C.H. Robinson Worldwide Inc, CEVA Logistics, DSV AS, DB Schenker, FedEx Corp, JB Hunt Transport Services Inc, Kuehne + Nagel International AG, Nippon Express Holdings Inc, United Parcel Service Inc Class B, Yusen Logistics |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.1% of the global third-party logistics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 884,322.0 million by 2030.
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Third-Party Logistics Market Scope
Third-Party Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa third-party logistics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to third-party logistics market will help companies and investors design strategic landscapes.
Itm was the largest segment with a revenue share of 30.96% in 2023. Horizon Databook has segmented the Middle East & Africa third-party logistics market based on dcc/freight forwarding, dtm, itm, w&d, vals covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past 10 years, the globalization and technology have led to various opportunities for international trade and logistics, augmenting the competitiveness and supply chains in African countries including Ghana, Nigeria, South Africa, Egypt, and Kenya which in turn is driving the growth of 3PL market.
The logistics industry is overpowering the other industrial sectors in numerous ways and is also considered as an enabler for various countries’ economic diversification efforts. In addition, according to industry experts, the benefits such as ease of doing business, strong economic & population growth and attractive locations in MEA countries provides lucrative opportunities for the investment in the 3PL companies.
In recent years, the logistics and warehousing processes across various nations of Middle East including UAE, Qatar, and Turkey have been experiencing fundamental changes. Smart technologies and innovative solutions are being implemented to improvise supply chain integration.
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Target buyers of Middle East & Africa third-party logistics market databook
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Our clientele includes a mix of third-party logistics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa third-party logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa third-party logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Third-Party Logistics Market Outlook Share, 2023 & 2030 (US$M)
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