Growth of the Freight Forwarding Market in Saudi Arabia and Asian Countries

Logistics and warehousing services, of which freight forwarding and customs clearing forms a big part, have probably grown more than any other business over the last few years. The development of technology and globalization is largely responsible for this. Just think about the number of online orders that are placed every day that has to be delivered to other countries, then you can imagine how much the freight forwarding market has expanded. Every company that delivers goods to customers in other countries, requires a freight forwarder and customs clearing agent that is able to get their merchandise from their own warehouse, into the hands of the customer.

Fortunately most governments have realized the need for better infrastructure to support the delivery of goods to consumers across the globe. Roads, railways, harbours and airports all see almost constant upgrading and maintenance to ensure that it is possible for cargo to go from manufacturer to consumer.

When one looks at freight forwarding and customs clearing, it’s clear that Asia Pacific has been a big player over the last few years. China has shown tremendous growth in their manufacturing sector over the past four years. India and many others have expanded their industrial activities – with the full support of their governments.

The Freight Forwarding Market in Saudi Arabia

Saudi Arabia has shown incredible growth in the expanding of their manufacturing sector. The growth in their retail sector and the establishing of foreign companies in the region have all contributed to the increase in import and export. With the government investing billions of dollars towards the development of logistics infrastructure in the country, Saudi Arabia is quickly becoming one of the major players in the global import and export market, becoming the front-runner in the Middle East when it comes to freight forwarding.

Saudi Arabia is majorly driven by e-commerce and rising trade volumes in the country have seen to some massive market growth. A report by Ken Research came to the following conclusions about Saudi Arabia’s freight forwarding market:

… Expanding industrial activities, rising demand of online shopping, increasing value of import & export has driven the demand of freight forwarding industry in the country. Sea freight movement has majorly dominated the market…

When one reads this report you can’t help but get excited about the huge possibilities for the freight forwarding market in the Middle East and in Asia. If you would like to become a part of these exciting events, contact us. With almost 40 years experience in freight forwarding and customs clearing, we are geared to help our clients reach the next level with trade in all these and other countries.