Global air freight demand up 9.8 percent

Global air freight demand ended 2016 with strong December growth of 9.8 percent, the International Air Transport Association (IATA) said on Wednesday but warned that protectionist measures could hamper world trade.

“In terms of demand, 2016 was a good year for air cargo. That was boosted by solid year-end performance. Looking ahead, strong export orders are good news. But there are headwinds. The most significant is stagnant world trade which also faces the risk of protectionist measures,” said IATA Director General and CEO Alexandre de Juniac.

December demand in Europe rose 16.4 percent and in Africa it grew by 13.6 percent.

Full-year demand rose 3.8 percent with gains in all regions except Latin America.

Available capacity rose by 3.2 percent in December, IATA said.



Saudi Arabia Robust Growth in Freight

The global market of logistics & warehousing services in Saudi Arabia has shown a robust growth over the past few years owing to the increasing globalization and expanding retail & FMCG market. Also, the rising e-tail market worldwide has also positively impacted the market size of logistics industry. The companies operating in e-commerce sector requires warehouses and logistic partners in every country of the world in which they are operating.

Rising government support in all the countries to improve trade relations with other countries, improving infrastructure (roadways, railways, airports and seaports), modern technologies, increasing number of logistics and warehousing service providers has driven the size of the industry.
Asia pacific has majorly contributed to the revenues of the global logistics & warehousing market. The demand for logistics and warehousing services in emerging economies in the region such as Pakistan, India, China, Singapore and others has accelerated owing to the expanding industrial activities and government support in these countries. China is the major contributor to the growth in this region due to the presence of a large manufacturing base. Saudi Arabia logistics market has shown an impressive growth rate in 2015 owing to the expanding manufacturing & retail sector, rising expatriate population, growing number of foreign companies and increasing value of exports and imports in the country

Saudi Arabia

Saudi Arabia has established itself as a leading country in logistics & Warehousing Industry under the GCC region. The kingdom is one of the fastest growing countries in the logistics and warehousing industry at the global level.
Logistic services in the country have been successful in connecting different export and import markets of various countries across the world. Furthermore, over the past five years, billions of dollars have been invested by the government of Saudi Arabia towards development of logistics infrastructure. Saudi Arabia has been the foremost nation in the Middle East to focus on logistics.
The freight forwarding sector is the leading segment towards the revenues of the logistics and warehousing industry.
Saudi Arabia logistics & Warehousing industry has number of leading players in the organized market such as DHL, DB Schenker, Aramex, Panalpina, UPS, TNT , Fed Ex and others. The market in the country is majorly driven by e-commerce industry and rising trade volumes in the country.
The rising demand of cold chain logistics in the country due to the increase in the consumption of meat & animal food has triggered the size of the logistics industry. The warehouses and fleet required for transportation of cold chain products are costlier than the logistics requirement for other products.
For more information on the market research report please refer to the below link: