Bahrain Logistics Market Future Outlook to 2027 – Market Segmentation by Mode of Transportation, In-bound and Out-bound Logistics, By Industry

Overview

Executive Summary
The Bahrain logistics market grew at a single-digit CAGR during 2017–2021. In 2021, Bahrain Transport and Logistics market recorded revenues of USD ~ Billion as compared to USD ~ Billion in 2017. This shows demand for the transport and logistics industry is increasing, despite a setback to the economy after the COVID-19 outburst. The transportation and warehousing sectors are steadily recovering from the pandemic-related business disruptions thus there have been many fluctuations in Bahrain's Logistics Market Statistics.

The Bahrain Logistics Market has evolved in recent years as a result of rising globalization, which is one of the key driving factors responsible for the market's growth. Although there is a huge scope in the country as compared to its more gradual Gulf neighbors such as Saudi Arabia and Dubai. The potential remains high because the market offers numerous opportunities for foreign investors. The strategic geographic location of Bahrain becoming an exemplary hub of global transportation and logistics companies that are set to broaden their presence in the GCC region. The country also offers advanced and interconnected transport infrastructure with a diverse range of options available. Bahrain logistics report is a detailed study that covers all major aspects to help the reader understand future growth trends.

Key Findings

• In 2020, international air cargo volumes decreased by 11.8% year over year.
• The Khalifa Bin Salman Port is a crucial component of Bahrain's national development and infrastructure as well as a major contributor to the country's non-oil GDP."
• The Kingdom’s airport, Bahrain International Airport (BIA) is one of the most advanced airports in the Gulf and it has also recently gotten a major upgradation under the Airport Modernization Program (AMP) with a value of USD1.1 billion.
• Bahrain launched the region's fastest sea-to-air logistics hub in Sep 2021, as the kingdom seeks to diversify its economy. The hub is expected to cut costs by 40% and reduce the turnaround time for containers, allowing customers to get their shipment in half the time.
• According to the logistics market report in Bahrain, the industry was valued at USD ~ Million in 2020 registering a decline of % as compared to a year earlier.
• There is a huge demand for warehouse space in Bahrain as a result of the pandemic-driven increase in online sales, which has caused businesses to scramble for locations to store and distribute items to customers.
• For last-mile logistics, companies are investing in green logistics techniques and route optimization, which can dramatically lower fuel consumption and operational costs.

Makreo research has published a study titled “Bahrain Logistics Market Future Outlook to 2027 – Market Segmentation by Mode of Transportation, In-bound and Out-bound Logistics, By Industry”. This is a detailed evaluation of the logistics market performance in Bahrain that discusses the past, present, and future outlooks of the industry. In the recent past, the industry has experienced many fluctuations due to the external environment thus this study offers an analysis of the industry during the Pre-COVID-19 period and posts COVID-19 scenario. Micro and macro-economic analysis has also been carried out to review the impact of change in external factors on the industry performance. The report shed light upon the recent trends prevailing in the logistics industry and also assesses Bahrain's logistics market outlook.

Bahrain logistics market report examines the Bahrain logistics market revenue on various parameters covering the performance of the industry by Mode of Transportation (Sea Freight, Air Freight, Road Freight), By in-bound and out-bound logistics, by industry and also by Merchant fleet by Ship Type (Bulk Carriers, Oil Tankers, General Cargo, Container Ships and others.

Bahrain Logistics Market Research Report Segmentation Covered:

•    By Mode of Transport

o    Road Freight
o    Air Freight
o    Sea Freight

•    By Type

o    Inbound
o    Outbound

•    By Industry

Companies covered in the Bahrain logistics market