Page 3 - Handling EXPO KSA 2024

Saudi Arabia ….

Warehousing Sector Saudi Arabia, along with the rest of

the world, is seeing a rise in e-
Massive Investment commerce. The Saudi e-commerce
grew 74 percent during the last
two years. This sizzling growth is
Opportunities putting pressure on Saudi Arabia’s

warehousing sector to provide
more space for online retailers.
The Saudi dry warehousing market grew by 2.8 percent between
2015 and 2020 and will continue to grow until at least 2025. The
industrial and retail industries are responsible for the largest Saudi Arabia needs more state-of-
percentage of this expansion. The warehousing market is largest in the-art facilities. Businesses in the
the cities of Jeddah, Riyadh, and Dammam. While Jeddah has a e-commerce space need modern
majority of the warehouse revenue share, all three cities play a key warehouses so that they can
role in the expansion of warehousing in Saudi Arabia. receive, process, and ship product
efficiently, accurately, and quickly.
As a result of growth in the retail sector, increased manufacturing
activity, and expanding international trade, Saudi Arabia’s The retail sector accounts for half
warehousing needs are growing.
of warehousing revenue. It’s clear
Saudi Arabia’s cold storage market is projected to reach $2.5 billion that there is a need for more
by 2024. With this growing demand in mind, forecasters see the additional warehousing space to
warehousing market in Saudi Arabia continuing its upward trend. accommodate projected growth.
the warehousing market expects a compound annual growth rate
increase of 4.1 percent through 2023.
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