July 16, 2023
3 min

GCC Warehousing and Distribution Logistics Market Revenues to Reach USD 21.13 billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence - Yahoo Finance

The GCC warehousing and distribution logistics market is projected to reach USD 21.13 billion by 2028, with a CAGR of 7.54% during the forecast period. The increasing demand for warehousing in GCC countries, particularly driven by the growth of e-commerce, is contributing to the market's growth. Key players in the market include DHL Group, Agility Logistics, GWC, and DB Schenker Logistics. Kuwait is expected to witness significant changes in warehousing management, while the e-commerce sector in the region is experiencing substantial growth. Recent developments include the opening of a warehouse facility in Bahrain and a partnership for improved logistics services.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry