Morocco Freight And Logistics Market Size (2024 - 2029)

The logistics market size in Morocco is poised for significant growth, driven by the country's strategic geopolitical position and political stability, which offer a competitive edge in northern Africa. Despite limited foreign direct investments in the transport and logistics sector, Morocco has seen increased international trade volumes, supported by free trade agreements and rising income levels. The government's National Logistics Strategy 2030 aims to reduce logistics costs and enhance economic growth, further strengthening the sector. Investments in commercial ports and the expansion of maritime, air, rail, and road freight transport are crucial for sustaining this growth trajectory.

Market Size of Morocco Freight And Logistics Industry

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Morocco Freight and Logistics Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 22.59 Billion
Market Size (2029) USD 30.38 Billion
CAGR (2024 - 2029) 6.11 %
Market Concentration Low

Major Players

Morocco Freight and Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Morocco Freight And Logistics Market Analysis

The Morocco Freight And Logistics Market size is estimated at USD 22.59 billion in 2024, and is expected to reach USD 30.38 billion by 2029, growing at a CAGR of 6.11% during the forecast period (2024-2029).

The road transport sector played a vital role during the COVID-19 pandemic in moving goods, supporting the operation of supply chains, repatriating citizens, and transporting people to their workplaces. Meanwhile, freight transport companies were affected to a lesser extent due to the collective efforts of the authorities and professionals in the sector to ensure the continuity of operations.

The political stability and geostrategic location offer a competitive advantage over other countries in northern Africa. The country receives the region's highest foreign direct (FDI) investments, with focused investments in manufacturing, real estate, and tourism.

Yet, FDIs in the transport and logistics sector are relatively limited in the country and account for less than 3% of total FDI. The geostrategic location of Morocco within Africa and the Mediterranean, the signing of free trade arrangements with the EU, USA, Turkey, and a rise in income per capita resulted in increased volumes of international trade during the past fifteen years.

The vast majority of Morocco's foreign trade comes by sea, making it crucial for further economic growth to invest in the country's commercial ports. Along with successful maritime, Morocco's air, rail, and road freight transport and logistics sectors have shown strong growth rates.

National Logistics Strategy 2030, an initiative that the government of Morocco introduced, focuses on decreasing logistics costs to contribute to higher GDP growth rates, reducing carbon dioxide emissions, and creating 36,000 jobs, which is anticipated to strengthen the logistics sector in the country.

Morocco Freight And Logistics Industry Segmentation

Freight and logistics refer to the transportation of goods through air, rail, and roadways. The logistics process is defined as the planning, implementation, and control of an efficient, effective flow and storage of goods, services, or related information from the point of origin to the point of consumption.

A complete background analysis of the Moroccan logistics market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is covered in the report.

The Moroccan logistics market is segmented by function (freight transport [road, shipping and inland water, air, and rail], freight forwarding, warehousing, value-added services, and other services) and end-user (manufacturing and automotive; oil and gas, mining, and quarrying; construction, distributive trade (wholesale and retail); healthcare and pharmaceutical, and other end users (chemicals, telecommunications, etc). The report offers market size and forecasts for all the above segments in value (USD).

By Function
Freight Transport
Road
Shipping and Inland Water
Air
Rail
Freight Forwarding
Warehousing
Value-added Services and Other Services
By End-user
Manufacturing and Automotive
Oil and Gas, Mining, and Quarrying
Construction
Distributive Trade (Wholesale and Retail)
Healthcare and Pharmaceutical
Other End-users (Chemicals, Telecommunications, etc.)
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Morocco Freight And Logistics Market Size Summary

The logistics sector in Morocco is poised for significant growth, driven by its strategic geolocation and political stability, which offer a competitive edge in Northern Africa. The country has seen a rise in foreign direct investments, particularly in manufacturing, real estate, and tourism, although the transport and logistics sector still attracts a modest share. Morocco's strategic position, coupled with free trade agreements with the EU, USA, and Turkey, has bolstered international trade, with maritime transport being a crucial component. The National Logistics Strategy 2030 aims to reduce logistics costs, enhance GDP growth, and create jobs, further strengthening the sector. Public investment in infrastructure, including new roads, rail expansions, and logistical zones, has supported the sector's growth, facilitating better connectivity and supporting other economic sectors like agriculture, manufacturing, and tourism.

The Moroccan freight and logistics market is characterized by the presence of major international players and European enterprises, with a focus on freight transport and storage. The market is expected to expand due to the growth of e-commerce and increased infrastructure investments. Key players such as Bolloré Africa Logistics, SMTR Carre, DB Schenker, Kuehne & Nagel, and LOGICOLD are actively enhancing their geographical reach and offering customized services. Recent developments include significant funding for logistics startups and the expansion of logistics companies in Morocco, indicating a robust growth trajectory. The country's e-commerce sector has also seen substantial growth, further driving demand for logistics services.

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Morocco Freight And Logistics Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Policies and Regulations

    3. 1.3 Value Chain / Supply Chain Analysis

    4. 1.4 Technology Snapshot and Digital Trends

    5. 1.5 Insights on the Proposed Railway Development Strategy

    6. 1.6 Insights on the E-commerce Industry

    7. 1.7 Impact of Covid-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Function

      1. 2.1.1 Freight Transport

        1. 2.1.1.1 Road

        2. 2.1.1.2 Shipping and Inland Water

        3. 2.1.1.3 Air

        4. 2.1.1.4 Rail

      2. 2.1.2 Freight Forwarding

      3. 2.1.3 Warehousing

      4. 2.1.4 Value-added Services and Other Services

    2. 2.2 By End-user

      1. 2.2.1 Manufacturing and Automotive

      2. 2.2.2 Oil and Gas, Mining, and Quarrying

      3. 2.2.3 Construction

      4. 2.2.4 Distributive Trade (Wholesale and Retail)

      5. 2.2.5 Healthcare and Pharmaceutical

      6. 2.2.6 Other End-users (Chemicals, Telecommunications, etc.)

Morocco Freight And Logistics Market Size FAQs

The Morocco Freight And Logistics Market size is expected to reach USD 22.59 billion in 2024 and grow at a CAGR of 6.11% to reach USD 30.38 billion by 2029.

In 2024, the Morocco Freight And Logistics Market size is expected to reach USD 22.59 billion.

Logistics in Morocco Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)