Market Share of GCC Automotive Logistics Industry
The GCC automotive logistics market is fragmented. The market is expected to grow during the forecast period due to the growing demand for electric vehicles and other similar factors. International players are dominant in the market, with companies like Ceva Logistics, DB Schenker, DHL, DSV, and Geodis holding the topmost positions.
The UAE rules on vehicle imports, low gasoline prices, low import taxes, high per capita disposable income, and a favorable tax structure are drawing automotive companies to Dubai and the United Arab Emirates. These elements contribute to the nation's reputation as one of the Gulf region's largest passenger vehicle markets.
GCC Automotive Logistics Market Leaders
Ceva Logistics
DB Schenker
DHL
DSV
Geodis
*Disclaimer: Major Players sorted in no particular order
