Transportation Services in Middle East
SummaryTransportation Services in Middle East industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The transportation services industry includes air, marine, rail, and road freight sectors.
- The Middle Eastern transportation services industry recorded revenues of $114.9 billion in 2023, representing a compound annual growth rate (CAGR) of 2.6% between 2018 and 2023.
- The marine segment accounted for the industry’s largest proportion in 2023, with total revenues of $54.9 billion, equivalent to 47.8% of the industry’s overall value.
- According to GlobalData, in 2023, the Middle Eastern transportation services industry grew by 3.5% annually. The growth is attributed to the trade agreements which facilitate cross-border trade, enhancing market access, and stimulating demand for freight services across all sectors.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the transportation services market in Middle East
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the transportation services market in Middle East
- Leading company profiles reveal details of key transportation services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East transportation services market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the Middle East transportation services market by value in 2023?
- What will be the size of the Middle East transportation services market in 2028?
- What factors are affecting the strength of competition in the Middle East transportation services market?
- How has the market performed over the last five years?
- Who are the top competitors in Middle East's transportation services market?
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