Middle East And Africa Freight & Logistics Market Size (2024 - 2029)

Middle East & Africa Transport and Logistics Market Analysis

The Middle East And Africa Freight & Logistics Market size is estimated at USD 163.57 billion in 2024, and is expected to reach USD 222.63 billion by 2029, growing at a CAGR of greater than 6.36% during the forecast period (2024-2029).

During the past decade, globalization and technology created new opportunities for internationalization, boosting the supply chains and competitiveness in Africa. Currently, the most important countries in terms of logistics are Algeria, Angola, the Democratic Republic of Congo, Egypt, Ghana, Kenya, Mozambique, Nigeria, South Africa, and Tanzania. Some of them own key ports in the continent. For example, Barra owns Dande and Lobito in Angola, Lekki in Nigeria, Musoma in Tanzania, and Lamu in Kenya. 

The political instability of some countries is likely to make territorial integration inappropriate in the short term. Domestic markets are predominant in this zone since there is little interaction among regions, which has led to a stagnation in international trade. 

The economy is highly dependent on mining, which represents a third of the GDP. Morocco is a stable partner. Meanwhile, Egypt and Algeria have the highest production values. However, they are known for their little international interaction and lack of developed logistics corridors. African logistics companies are going beyond megacities and are looking to connect Africa's rural communities to regional supply chains. 

While megacities are attracting millions of young Africans, Africa's population remains predominantly rural.

Despite a sustained period of decline over the last few years, affected by a fall in oil prices and geopolitical strife, Middle-East and Africa is fast becoming a region of automotive and supply chain opportunity. Carmakers such as VW, Toyota, GM, Groupe PSA, and Mercedes-Benz are investing in the local assembly, ranging from North African countries, including Morocco, Algeria, and Egypt, to sub-Saharan markets, such as Rwanda, Ethiopia, Kenya, and Ghana. The region also has some notable logistics developments.

Middle East & Africa Transport and Logistics Industry Segmentation

Logistics is a part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.

The Middle East and Africa Logistics Market is Segmented by function, by end-user, by country. By function the market is segmented by freight transport, freight forwarding, warehousing, and value-added services and other services by end user the market is segmented by manufacturing and automotive, oil and gas, mining, and quarrying, agriculture, fishing, and forestry, construction, distributive trade, healthcare and pharmaceutical, and other end users by country the market is segmented by United Arab Emirates, Saudi Arabia, Qatar, South Africa, Egypt, Morocco, Nigeria, and Rest of Middle-East and Africa. The report offers market sizes and forecasts for the market in value (USD) for all the segments.