Morocco Freight and Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Morocco Freight and Logistics Market is segmented by Function (Freight Transport, Freight Forwarding, Warehousing, and Value-added Services and Other services) and End User (Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade, Healthcare and Pharmaceutical, and Others End Users (Chemicals, Telecommunications, etc.)).

INSTANT ACCESS

Market Snapshot

Morocco Freight and Logistics Market Summary
Study Period: 2018-2027
Base Year: 2021
CAGR: >6 %
Morocco Freight and Logistics Market Major Players

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The road transport sector played a vital role during the COVID-19 pandemic in moving goods, supporting the operation of supply chains, repatriating citizens, and transporting people to their workplaces. Meanwhile, freight transport companies were affected to a lesser extent due to the collective efforts of the authorities and professionals in the sector to ensure the continuity of freight operations.

The political stability and the geostrategic location offer a competitive advantage compared to other countries in northern Africa. The country receives the highest foreign direct (FDI) investments in the African region, with focused investments in the manufacturing, real estate, and tourism sectors. Yet, FDIs in the transport and logistics sector are relatively limited in the country and account for less than 3% of total FDI. The geostrategic location of Morocco within Africa and the Mediterranean, the signing of free trade arrangements with the EU, USA, Turkey, and a rise in income per capita have resulted in increased volumes of international trade during the past fifteen years. The vast majority of Morocco’s foreign trade comes by sea, making it crucial for further economic growth to invest in the country’s commercial ports.

Along with successful Maritime, Morocco’s air, rail, and road freight transport and the logistics sector have also shown strong growth rates. National Logistics Strategy 2030, an initiative that the government of Morocco introduced, focuses on decreasing logistics costs to contribute to higher GDP growth rates, reduction of Carbon dioxide emissions, and the creation of 36,000 jobs is anticipated to strengthen the logistics sector in the country.

Scope of the Report

Freight and logistics refer to the transportation of goods through air, rail, and roadways. The report provides a complete background analysis of the Indian freight and logistics market, including an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries. The report also offers the impact of COVID-19 on the market.

Morocco Freight and Logistics Market is segmented by Function (Freight Transport, Freight Forwarding, Warehousing, and Value-added Services and Other services) and End User (Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade, Healthcare and Pharmaceutical, and Others End Users (Chemicals, Telecommunications, etc.)).

By Function
By Freight Transport
Road
Shipping And Inland Water
Air
Rail
Freight Forwarding
Warehousing
Value-added Services And Other Services
By End User
Manufacturing And Automotive
Oil And Gas, Mining, And Quarrying
Construction
Distributive Trade (wholesale And Retail)
Healthcare And Pharmaceutical
Other End Users (chemicals, Telecommunications, Etc.)

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Infrastructure Investments in the Country are Anticipated to Drive the Market

Increasing public investments in the country's physical infrastructure during the study period has contributed to expanding the domestic transport and logistics sector. The construction of 1,800 km of new expressways, expansion of the rail network, and the development of logistic and industrial zones led to a sharp rise in the number of companies active in the transport and logistics business. Upgrades in transport and logistics infrastructure have driven economic growth in Morocco in recent years.

As the country develops and urban areas expand, the interconnectivity of economic centers and efficient connections to the rest of the world will be paramount to supporting the growth of other sectors, such as agriculture, manufacturing, and tourism. Over the last two decades, the kingdom has spent an average of about MAD 40 billion (USD 4.2 billion) on transport and logistics, representing 10% of total investment in the country and 20-25% of the state's investment budget. In 2020, the sector accounted for around 6% of GDP.

Morocco is planning to link two cities on its Western flank overlooking the Atlantic in a rail project that will cost an estimated 75 billion MAD (USD 7.58 billion). The 'Express Train' will connect Morocco's largest city, Casablanca, with Agadir, located in the South.

Morocco Freight and Logistics Market: Public Investments in Infrastructure Projects, by Sector, in %, 2021

Growth in Ecommerce Sector Driving the Market

According to industry estimates, e-commerce in Morocco employs nearly 2 million people, about 14% of the active population, and contributes 8% to the national GDP. (2020). COVID-19 led to an e-commerce boom in many African countries, but its growth in Morocco has been particularly impressive.

With a four-month lockdown in 2020, Moroccans had to rely on the internet to purchase almost everything from food and clothing to electronics. By the end of 2020, more than 1,000 e-commerce websites were operating in the country.

In 2020, e-commerce sites in Morocco witnessed a 46% increase in transaction volume and a 25% increase in the amount of money spent compared to the same period in 2019, according to figures from the Interbank electronic banking center (CMI) which monitors online transactions in the country. Spurred on by the pandemic, Morocco’s e-commerce growth is not slowing down soon. The figures in 2021 show an increase of 48% in the number of transactions and 30% in the amount from 2020. Online businesses in Morocco are not limited to e-commerce giants like Jumia and Shein.com, which operates virtual marketplaces.

Morocco Freight and Logistics Market: E-commerce Revenue in Morocco, by Sector, in (%), 2021

Competitive Landscape

Morocco's freight and logistics market is dominated by most international key players and European companies. The majority of the logistics companies are active both in various freight transports and warehousing services as well. The market is anticipated to grow during the forecast period with the growing e-commerce and increasing investments into the infrastructure sector of the market.

Major regional players have been observed to venture into new regions, allowing the companies to improve their geographic reach. New competitors are entering the freight and logistics market with customized and industry-specific services. Some major players include Bollore Africa Logistics, SMTR Carre, DB Schenker, Kuehne & Nagel, and LOGICOLD. The construction of 1,800 km of new expressways, expansion of the rail network, and the development of logistics and industrial zones led to a sharp rise in the number of companies active in the transport and logistics business.

Major Players

  1. Bolloré Africa Logistics Maroc

  2. SMTR Carre

  3. DB Schenker

  4. Kuehne & Nagel

  5. Logicold

Morocco Freight and Logistics Market Concentration

Recent Developments

May 2022: Logistics service provider DB Schenker and Volta Trucks have confirmed an intensive partnership and pre-ordering nearly 1,500 full-electric Volta Zero vehicles – the most significant order for large zero-emission trucks in Europe. As part of the partnership, DB Schenker will use the prototype of Volta Zero Trucks in real distribution conditions in the spring and summer of 2022. The findings from these tests will be incorporated into the serial production of 1,470 vehicles built at Volta Trucks’ new contract manufacturing facility in Steyr, Austria.

April 2022: Bolloré logistics group (a leading integrated logistics provider) has agreed to sell its African operations to a container shipping company, Mediterranean Shipping Company (MSC), for USD 6.3 billion.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Background

    2. 1.2 Study Assumption & Market Definition

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Research Framework

    2. 2.2 Secondary Research

    3. 2.3 Primary Research

    4. 2.4 Data Triangulation And Insight Generation

    5. 2.5 Project Process And Structure

    6. 2.6 Engagement Frameworks

    7. 2.7 Team Profile

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS & DYNAMICS

    1. 4.1 Current Market Scenario

    2. 4.2 Market Dynamics

      1. 4.2.1 Market Drivers

      2. 4.2.2 Market Restraints

      3. 4.2.3 Opportunities

    3. 4.3 Industry Attractiveness And Porter's Five Forces Analysis

    4. 4.4 Value Chain/supply Chain Analysis

    5. 4.5 Government Regulations And Initiatives

    6. 4.6 Technological Trends

    7. 4.7 Insights On The E-commerce Industry

    8. 4.8 Insights On The Proposed Railway Development Strategy

    9. 4.9 Impact Of COVID-19 On The Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Function

      1. 5.1.1 By Freight Transport

        1. 5.1.1.1 Road

        2. 5.1.1.2 Shipping And Inland Water

        3. 5.1.1.3 Air

        4. 5.1.1.4 Rail

      2. 5.1.2 Freight Forwarding

      3. 5.1.3 Warehousing

      4. 5.1.4 Value-added Services And Other Services

    2. 5.2 By End User

      1. 5.2.1 Manufacturing And Automotive

      2. 5.2.2 Oil And Gas, Mining, And Quarrying

      3. 5.2.3 Construction

      4. 5.2.4 Distributive Trade (wholesale And Retail)

      5. 5.2.5 Healthcare And Pharmaceutical

      6. 5.2.6 Other End Users (chemicals, Telecommunications, Etc.)

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Bollore Africa Logistics Maroc

      2. 6.2.2 SMTR CARRE

      3. 6.2.3 DB Schenker

      4. 6.2.4 Kuehne + Nagel International Ag

      5. 6.2.5 Logicold

      6. 6.2.6 CMA CGM

      7. 6.2.7 Al Hamd Logistique

      8. 6.2.8 SJL Maghreb

      9. 6.2.9 Timar

      10. 6.2.10 IPSEN Logistics

      11. 6.2.11 UPS

      12. 6.2.12 CEVA Logistics

      13. 6.2.13 Sotrafrique*

    3. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

  9. 9. CREDENTIALS

    1. 9.1 Illustrative List Of Logistics Clients

    2. 9.2 Similar Engagements Within The Industry

  10. 10. ABOUT US

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Morocco Freight and Logistics Market market is studied from 2018 - 2027.

The Morocco Freight and Logistics Market is growing at a CAGR of >6% over the next 5 years.

Bolloré Africa Logistics Maroc, SMTR Carre, DB Schenker, Kuehne & Nagel, Logicold are the major companies operating in Morocco Freight and Logistics Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!