Reportstack has announced a new market research report on Logistics Market in UAE 2014-2018.Rapid economic growth across industries is expected to drive growth at a CAGR of 8.61 percent from 2014-2018 in the Logistics Market in the UAE. The Logistics Market in the UAE is witnessing huge demand for professional logistics services that provide high-end logistics and supply chain solutions with value-added services like the assortment and grading of products, packaging, MIS services and legal formalities, to help streamline the process.
“By outsourcing services, logistics service providers are able to serve their customers more efficiently,”.
Private equity (PE) investment in the logistics market is also expected to help vendors acquire assets required for the expansion of businesses. These investments are ideal for strong asset-based business models. As the market is capital-intensive in nature, PE investments by companies will help expand business operations.
“The Logistics Market in the UAE is highly fragmented with numerous multinational, regional and local vendors, who are focused on investing and developing technologies to increase their operational efficiencies. It is expected that international players will grow inorganically during the forecast period by acquiring regional or local players, which will be a significant contributor to growth in this segment,”.
Complete report available @ Logistics Market in UAE 2014-2018