50 likes | 67 Views
Our market research report of u201cUAE CEP Market Outlook to 2025 u2013 By Domestic and International Express, By Mode (Ground & Air Express), By Business Model (B2C, B2B & C2C), By Shipment Weight, By Region (Dubai, Abu Dhabi, Sharjah & Others" provides a comprehensive analysis of the CEP Market Landscape in the UAE. The report covers various aspects including the market size (by shipments and revenue), industry life cycle, a timeline of the major CEP players, delivery model in CEP market, market sizing analysis, market segmentation by domestic and international express.
E N D
UAE Express Delivery Market Outlook to 2025 – By Domestic and International Express, By Mode (Ground & Air Express), By Business Model (B2C, B2B & C2C), By Shipment Weight (<3kg, 3-5kg, >5kg), By Region (Dubai, Abu Dhabi, Sharjah & Others: KenResearch December 2021|UAE News High Heightened Technological Adoption, Support & Initiatives for E-Commerce Growth by the Government, and Changing Consumer Preference owing to Covid- 19 has Accelerated Growth Prospects in UAE CEPMarket Growing Government Support: The UAE CEP market continues to be an attractive avenue that has seen a growth of ~ 11% CAGR for the volume of shipments even after international trade has faced disruptions owing to the pandemic. This is attributed to the continued support by the government for adequate infrastructure and other reforms to support express delivery players. The Government has takenup initiatives such as improvement of Ease of Doing Business Parameters, along with the creation of Economic Zones which offer tax-exempts to businesses as well as facilities for courier and other deliverycompanies. ThisissupplementedbythefactthattherehasbeengrowthinPhysicalInfrastructure with development of highways, airports & seaports as UAE is one of the major transshipment hubs in the region. Furthermore, Dubai Executive Council has approved the Dubai e-Commerce Strategy with a primary goal of with the aim of solidifyingtheemirate'spositionasahubforglobalecommerce.Themarketisbullish with the GDP Per Capita of UAE standing at ~ 300% above the world average in 2020 & is expected to increase to ~ 10% in 2025 over2020. Expatriates and Demographic Advantages: The Express Delivery Market maintains its status as an attractive space for increased revenue as 80% of the population is expatriate which means that they receive and send couriers, mails and parcels to and frommoreoftenthannon-expatriatepopulation.Furthermore,themedianageinUAE is 32.6 Years (as of 2020), along with high internet penetration rates (91%) means that the express delivery segment is witnessing high demand as E-Commerce and E- Deliveries have seen large scale adoption in thecountry. Challenges in UAE Express Delivery Market: One of the major concerns coming out of the market is the fact that inflation has been in the negative category for the last couple of years (-2.1% for 2020). This points to the fact that consumer spending has been slowing down and could be a potential challenge for businesses vying for customers. Another point of concern remains concerning the postal address code integrationduetotheabsenceofpostalcodesleadingtotheincreasedcostborneby
companies for last-mile deliveries by ~25%. Even though steps have been taken by both the government and various private players, there exists challenges with last- mile delivery. Lastly, certain small CEP companies are making inroads into the industry without paying the due registration fees and offering deliveries at a lower rate as compared to the registered players. These companies are less technologically adapttothenewsystemsbuthaveamoderatetostronguserbasewithrespecttoprice sensitivecustomers. • Multi-Faceted Impact of COVID-19 on UAE CEP Market: The UAE was one of the top-performing economies globally before the sudden outbreak of the new novel coronavirus. However, the pandemic has positively impacted the growth of the Express Delivery Market in the UAE. Digitalization and increased technological up- gradation were witnessed in thecountry. • The onset of COVID-19 acted as a catalyst and accelerated the process of familiarity with E-Commerce and E-Retail. Existing physical or brick and mortar stores had witnessed a fall in sales which prompted them to shift their focus towards online shopping. This has served as an added demand for more shipments, especially in the B2Csegment.Thisiscorroboratedbythefactthatlockdownshavemadeinter-country travel difficult, and due to the high population of expatriates living in the country, deliveries during the festive seasons and other important occasions has led to an increase in the number of expressshipments. • However, a challenge that the CEP companies are facing is the additional cost being borne by the express delivery companies owing to the operational disruptions stirred bylockdown. • Analysts at Ken Research in their latest publication “UAE CEP Market Outlook to 2025 – By Domestic and International Express, By Mode (Ground & Air Express), ByBusinessModel(B2C,B2B&C2C),ByShipmentWeight(<3kg,3-5kg,>5kg),By Region (Dubai, Abu Dhabi, Sharjah & Others)” have observed that the CEP market in UAE has a great potential to grow supported by increased E-Commerce Demand in the country. The Covid-19 outbreak has further accentuated the growth of the market by shifting major retailers to online platforms affecting consumer preference concerning online retail. UAE CEP Market is expected to grow at a CAGR of ~15.4% based on the number of shipments delivered over the forecast period2020-2025. • Key Segments Covered • By Domestic and InternationalExpress • DomesticExpress
InternationalExpress • By Mode ofTransport • GroundExpress • AirExpress • By MajorRegions • Dubai • AbuDhabi • Sharjah &Others • By BusinessModel • B2C • B2B • C2C • By ShipmentWeight • < 3Kg • 3 Kg – 5Kg • > 5Kg • By DeliveryPeriod • Same Day Delivery • 1-2 DayDelivery • More than 2 DayDelivery • CEP CompaniesCovered • Aramex • EmiratesPost • SMSAExpress • DHLExpress • FedEx • UPS • Team ExpressServices • First FlightCouriers • TFMExpress • Sky Express
Zajel CourierServices • CenturyExpress • Request For Sample Report - • https://www.kenresearch.com/sample-report.php?Frmdetails=NDkzMjg1 • Cross-Comparison on GCC Postal NetworksCovered • Bahrain Post • EmiratesPost • OmanPost • QatarPost • SaudiPost • Key Target Audience • CEPCompanies • Express Delivery Companies • 3PL LogisticsCompanies • Postal NetworkAssociation • E-Commerce Companies/Platforms • Integrated LogisticsCompanies • Logistics/Supply Chain IndustryAssociations • Parcel and MailCompanies • Ministry of Transport andCommunications • Time Period Captured in the Report:- • Historical Period –2015-2020 • Forecast Period –2020-2025F • Key Topics Covered in theReport • UAE CEP MarketOverview • Industry Lifecycle of UAE CEPMarket • UAE CEP MarketEcosystem • Timeline of Major CEPPlayers • Delivery Model in CEPMarket • UAE CEP Market Sizing Analysis,2015-2020 • Seasonality Trends in CEPMarket • Growth Drivers for UAE CEPMarket • UAE CEP Market Segmentation,2020
Competition Scenario amongst Players in UAE • Market Share of Leading Players in the Overall UAE CEPMarket • Market Share of Leading International and DomesticPlayers • Competition Parameters in UAE CEPMarket • Cross Comparison of Major UAE CEPPlayers • UAE CEP Market PricingAnalysis • Laws and Regulations Governing CEP Market inUAE • Issues and Challenges Faced by CEPPlayers • SWOT Analysis of CEP Market inUAE • New Trends and Developments in the UAE CEPMarket • Customer Analysis for the UAE CEP Market • Future Market Size and Segmentations,2020-2025F • Covid-19 Impact on UAE CEPMarket • AnalystRecommendations • Cross-Comparison of GCC PostalNetworks • For more information on the research report, refer to the belowlink: • UAE Parcel Delivery Market Growth| UAE Courier Delivery Market Future Outlook • RelatedReports • UAE E-Commerce Logistics Market Outlook to 2025 –Driven by Growth in Online Shoppers along with Introduction of New Age Technologies by LogisticsPlayers • Philippines E-Commerce Logistics Market Outlook to 2025 - Driven by Growth in InternetPenetrationalongwithIntroductionofNewAgeTechnologiesbyLogistics Players • ContactUs:- • KenResearch • Ankur Gupta, Head Marketing &Communications support@kenresearch.com • +91-9015378249