Logistics industry in GCC - statistics & facts
The logistics industry has become a critical lifeline in the global economy, especially during the COVID-19 pandemic, which highlighted the importance of efficient supply chains amid widespread disruptions. As online shopping surged, logistics firms capitalized on the rising demand for freight and commodities, with the global logistics market forecasted to exceed 14 trillion euros by 2028. The COVID-19 pandemic caused significant challenges for logistics service providers, including supply chain interruptions and soaring ocean freight costs. However, logistics firms adapted by investing in technology and infrastructure to meet the increasing demand for efficient transportation and delivery solutions. The GCC region has played a notable role in this transformation, making significant strides in logistics and supply chain enhancements.
