Egypt Freight and Logistics Market

Egypt Freight and Logistics Market Overview: 

The Egypt freight and logistics market size reached US$ 10.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.70% during 2024-2032. Strategic infrastructure investments, expanding e-commerce, favorable government reforms, ongoing technological advancements, and the development of logistics hubs and free zones are some of the key factors strengthening the market growth.

Egypt Freight and Logistics Market Trends:

Strategic infrastructure investments

The modernization and the expanding establishment of ports, airports, highways, and railroads by the Egyptian government to improve the nation's transportation system are contributing to the market growth. Significant projects, such as the development of the Suez Canal Economic Zone (SCZone) and the New Administrative Capital, designed to improve connectivity and streamline the movement of goods within the country and to international markets are presenting lucrative opportunities for market expansion. Furthermore, the extensive funding aimed at reducing transit times, lowering transportation costs, and improving overall logistics efficiency to attract more international trade and investment is contributing to the market growth.

Rise of e-commerce

With increasing internet penetration and a growing middle class, online shopping has seen a substantial surge. This growth in e-commerce is driving demand for efficient and reliable logistics services, as timely delivery is a key component of the online shopping experience. Logistics companies are investing in advanced technologies and last-mile delivery solutions to meet the rising expectations of e-commerce consumers. Warehousing demand has also increased, with businesses requiring more space to store and manage inventory. Moreover, partnerships between e-commerce platforms and logistics providers are becoming more common, thereby creating a positive outlook for market expansion.

Development of logistics hubs and free zones:

The establishment of logistic zones, such as the SCZone, positioning Egypt as a regional logistics hub is acting as another significant growth-inducing factor. Tax breaks, streamlined customs processes, and enhanced infrastructure provided by these zones attract investment and optimize logistics processes. Moreover, such logistics hubs near major ports and industrial areas enhance the efficiency of cargo handling and distribution, reducing bottlenecks and improving supply chain fluidity, thereby strengthening the market growth. Furthermore, these zones facilitate trade by providing state-of-the-art facilities and services that support the entire logistics value chain, from storage and handling to transportation and distribution. Consequently, the presence of these hubs attracts multinational corporations looking to establish a regional base, thereby aiding in market expansion.

Egypt Freight and Logistics Market News:

• In April 2024, Awani introduced Folk Maritime Company's NRS shipping services at Jeddah Islamic Port, enhancing connectivity with northern Red Sea ports. In collaboration with Folk Marine Services, the service links Jeddah Islamic Port with key hubs, boasting a capacity of up to 1,300 TEUs and reinforcing the port's strategic importance.
• In November 2023, the Ministry of Transport signed three MoUs to establish, manage, and operate dry ports and logistics zones. GALDP partners with IDG to develop the Kom Abu Radi dry port, Orchid for a logistics zone, and a Libyan-Egyptian alliance for the Salloum City dry port. The projects aim to integrate transportation systems, support industrial localization, and enhance trade movement.
   

Egypt Freight and Logistics Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on logistics function and end use industry.

Logistics Function Insights:

• Courier, Express and Parcel
  • By Destination Type
    • Domestic
    • International
• Freight Forwarding
  • By Mode of Transport
    • Air
    • Sea and Inland Waterways
    • Others
• Freight Transport
  • By Mode of Transport
    • Air
    • Pipelines
    • Rail
    • Road
    • Sea and Inland Waterways
• Warehousing and Storage
  • By Temperature Control
    • Non-Temperature Controlled
    • Temperature Controlled
• Others

The report has provided a detailed breakup and analysis of the market based on the logistics function. This includes courier, express and parcel [by destination type (domestic and international)], freight forwarding [by mode of transport (air, sea and inland waterways, and others)], freight transport [by mode of transport (air, pipelines, rail, road, and sea and inland waterways)], warehousing and storage [by temperature control (non-temperature controlled and temperature controlled)], and others.

End Use Industry Insights:

• Agriculture, Fishing and Forestry
• Construction
• Manufacturing
• Oil and Gas
• Mining and Quarrying
• Wholesale and Retail Trade
• Others
   

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes agriculture, fishing and forestry, construction, manufacturing, oil and gas, mining and quarrying, wholesale and retail trade, and others.

Regional Insights:

• Greater Cairo
• Alexandria
• Suez Canal
• Delta
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Greater Cairo, Alexandria, Suez Canal, Delta, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Egypt Freight and Logistics Market Report Coverage:

Key Questions Answered in This Report:

• How has the Egypt freight and logistics market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Egypt freight and logistics market?
• What is the breakup of the Egypt freight and logistics market on the basis of logistics function?
• What is the breakup of the Egypt freight and logistics market on the basis of end use industry?
• What are the various stages in the value chai of the Egypt freight and logistics market? 
• What are the key driving factors and challenges in the Egypt freight and logistics?
• What is the structure of the Egypt freight and logistics market and who are the key players?
• What is the degree of competition in the Egypt freight and logistics market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Egypt freight and logistics market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Egypt freight and logistics market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Egypt freight and logistics industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.