Egypt Transportation and Logistics Market Revenue to Grow by more than USD 10.0 billion by 2026

CAIRO - Dec. 16, 2022 - PRLog -- Egypt transportation and logistics market is leveraging country's geographical location and its infrastructure for logistics and transportation is equipped as compared to most of North Africa and all of African countries, on the contrary high logistics expenses poses a challenge.  As one of the key trading nations, Egypt's economy and logistics sector are developing, which offers a variety of chances to logistics service providers. Due to the impressive changes in the Egyptian logistics industry, several businesses intend to relocate their production lines or extend the ones that are already in place.

Due to its favourable geographic location and close proximity to Europe, the Middle East, and Asia, Egypt has extensive economic ties through its ports. For instance, 8% to 10% of global freight passes via the Suez Canal, increasing the demand for logistics services and facilities for warehousing and storage.

Government Measures to Boost Logistics Sector
Egypt's government is promoting foreign investment in a number of industries and working to establish the nation as a worldwide logistics hub. Because highways carry the majority of the freight in the logistics industry in Egypt, the government has turned its attention to maintaining the road system.

Impact of COVID-19
Border closures, a decrease in demand, and a halt in production have all had a substantial impact on logistics and freight movement as a result of the pandemic. Egyptian Logistics Companies had varied impact depending on the items they deliver and the sectors they support. While the pandemic's impact on the automotive industry has been relatively severe, the coronavirus crisis's impact on the food business, for instance, has been relatively minor.

Makreo research has published a study titled "Egypt Transportation and Logistics Market Size and Outlook to 2028-Market by Mode of Transportation (Rail, Road, Air, Sea), By Services (Freight Forwarding, Warehousing), By Payment Method (COD, Online), By Freight Type (International, Domestic)".

The report examines the Egypt Transport and Logistics market on below parameters-
Period of Study:-
2016-2021: Past and Present Scenario
2022-2028 : Future Outlook of the industry

Logistics Industry:-
By Services (Freight Forwarding, Warehousing, Value Added Services)
By Payment Method (COD and Online Payment)
By Freight Type (International Market and Domestic Market)

Transportation Industry   All four modes of transportation have been discussed in detail:
- Road
- Sea
- Air
- Rail

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Egypt Transportation and Logistics Market Size and Outlook to 2028 (https://www.makreo.com/report/egypt-transportation-and-lo...)

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