| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 605.66 Million |
| Market Size (2030) | USD 883.92 Million |
| CAGR (2025 - 2030) | 6.15 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Secure Logistics Market Analysis
The Saudi Arabia Secure Logistics Market size is estimated at USD 605.66 million in 2025, and is expected to reach USD 883.92 million by 2030, at a CAGR of 6.15% during the forecast period (2025-2030).
Saudi Arabia has poured over USD 106.6 billion into bolstering its logistics infrastructure, enhancing its capabilities across land, air, and sea cargo. In 2023, the Saudi Port Authority (MAWANI) allocated USD 4.5 billion to maritime logistics and port infrastructure, focusing on the creation of new, tech-savvy logistics parks. Integral to this logistics vision are The Oxagon, a floating industrial hub in NEOM, and the King Salman Energy Park (SPARK), both boasting cutting-edge, clean energy-powered facilities.
In Q2 2024, the logistics sector outshone nine other sectors, registering the steepest growth. Commercial registrations leapt to 11,928, a striking 76% rise from the previous year's 6,742. These thriving sectors not only uplift the GDP but also open doors for business growth and partnerships.
Saudi Vision 2030 aims to foster a unified national culture, prioritizing top-notch social care, healthcare, national pride, premium entertainment, sustainable living, and cultural heritage preservation.
Saudi Arabia holds its customs and cultural history as a cornerstone of its identity. Vision 2030 is committed to uplifting citizen well-being, focusing on holistic health. Through sweeping reforms and diversification, Saudi Vision 2030 seeks to reshape the economy, with key objectives of drawing foreign investments, nurturing entrepreneurship, and bolstering the private sector.
Over the past decade, Saudi Arabia's diamond market has transitioned from a niche luxury segment to a significant global contender. This rising demand for diamond jewelry is a testament to the kingdom's deep-rooted cultural traditions and its burgeoning economic affluence.
This escalating demand not only underscores the nation's rich heritage but also points to a broader inclination towards luxury experiences, heralding a new era of affluence in one of the globe's wealthiest markets. Interestingly, this demand surge is coupled with evolving consumer preferences, as younger, independent women gravitate towards mid-range jewelry, emphasizing quality and design over mere opulence.
Saudi Arabia has carved a niche for itself in the global diamond export landscape. In 2022, the kingdom's diamond exports hit USD 47.2 million, earning it the title of the 36th largest diamond exporter globally, according to the Observatory of Economic Complexity. Saudi diamonds found their way predominantly to markets in Singapore, the UK, and Hong Kong. With the market's rapid growth and ongoing developments, Saudi Arabia is well-positioned to further elevate its stature in the global diamond trade.
With the uptick in online diamond and luxury jewelry purchases, there's a burgeoning need for secure transport services to ensure the safe delivery of these high-value items. Such services often include armored vehicles, tamper-proof packaging, and real-time tracking. The e-commerce boom has heightened the focus on regulatory compliance, especially certifications for high-value items. Moreover, logistics companies are emphasizing ethical sourcing and transparency, crucial for building trust in this market. As a result, the e-commerce surge in the jewelry sector is significantly propelling the growth of Saudi Arabia's secure logistics market.
In October 2024, 7X, a leading name in trade, transport, and logistics, is poised to shine as a diamond sponsor at Seamless Saudi Arabia 2024. The company plans to highlight the latest innovations in the UAE's logistics and financial sectors, showcasing the nation's digital advancements across diverse fields.
7X is leveraging its exhibition platform to introduce its state-of-the-art services and tech-centric products in trade, transport, and logistics, catering to a clientele spanning the UAE and beyond. This strategic move underscores 7X's commitment to driving innovation and playing a central role in the region's digital transformation.
The burgeoning e-commerce jewelry sector in Saudi Arabia has significantly amplified the demand for secure logistics. As online purchases of high-value items surge, the need for secure transport services has become paramount. The focus on regulatory adherence, ethical sourcing, and transparency not only bolsters consumer trust but also fuels the sector's growth.
Saudi Arabia Secure Logistics Market Trends
Growth in Banking and Financial Services
Saudi Arabia's banking sector is undergoing a significant transformation, driven by the ambitious Vision 2030 agenda and the rise of digital technologies. Financial institutions are not only enhancing customer experiences and innovating services but also navigating a more competitive landscape. In response, the Saudi Central Bank (SAMA) has introduced progressive regulations aimed at boosting financial inclusion, strengthening the digital banking infrastructure, and creating opportunities for both traditional banks and fintech entities.
Between 2019 and 2023, the share of cash transactions at POS (Point-of-Sale) in Saudi Arabia declined by 12 percentage points. This data, sourced from multiple surveys by Statista's Consumer Insights, reflects a rolling 12-month share of respondents using cash in physical stores or online shopping. In 2019, 75% of respondents utilized cash at POS, but this figure dropped to 63% by 2023. Additionally, while cash-on-delivery for online purchases decreased by four percentage points, cash-in-advance payments for online transactions saw a 6-percentage point increase.
Despite leading in digital payments, around 20% of surveyed consumers in Saudi Arabia still rely on cash, as highlighted in Visa’s ‘Where Cash Hides’ research. This research, which surveyed 3,400 individuals and conducted 30 in-depth interviews across Saudi Arabia, UAE, Kuwait, Oman, and Qatar, explored the frequency of cash usage and specific scenarios prompting a preference for cash over other payment methods. The findings identify cash-heavy categories, motivations behind cash usage, and recommend more accessible and secure digital payment solutions for consumers and local businesses.
In Saudi Arabia, cash usage is most prevalent in P2P transactions (33%) and everyday spending (29%). Within the P2P domain, cash is primarily used for tips (45%), transactions between friends and family (36%), and international money transfers (16%).
The research identifies specific scenarios for cash usage, such as transactions at exchange houses and farmer’s markets. To address this, solutions like Visa Direct (targeting P2P, tips, disbursements, and remittances) and Tap to Phone (a cost-effective acceptance tool for SMBs, freelancers, and taxis) are being introduced to promote digital payments and enhance card acceptance.
Encouraging mobile and contactless payments could lead to a surge in digital transactions for daily expenses. Achieving this requires educating both banked and unbanked populations about the acceptance and security of digital payments. Card payments in Saudi Arabia are on the rise, currently commanding a 58% wallet share. Yet, certain spending categories still show a preference for cash. This gap highlights the opportunity to expand the benefits of digital payments, fostering a more inclusive digital economy for both consumers and businesses.
The anticipated growth in the banking and financial industry is set to bolster the Saudi Arabia Secure Logistics Market. As digital transactions surge and financial services evolve, the demand for secure logistics solutions will escalate, ensuring the safe and efficient handling of financial assets and sensitive information.
Understand The Key Trends Shaping This Market
Download PDF
Rising Demand for Jewelry and Precious Metal
In 2023, Saudi Arabia emerged as the world's twenty-seventh-largest gold producer, boosting its output by 16% from the previous year. Leading the charge are prominent players like Saudi Arabian Mining and Barrick Gold Corporation.
In 2024, Saudi Arabia announced a 'significant gold resource' discovery, revealing substantial deposits along a 100-km stretch south of the Mansourah Massarah gold mine, located in the Al Khurmah governorate of the Makkah region.
The Mansourah-Massarah Gold Project, with a mining capacity of 250,000 ounces annually, is set to operate for an estimated 12 years. By the end of 2023, the project reported gold resources approaching seven million ounces, perfectly aligning with its production capacity.
Saudi Arabian Mining Company (Maaden) has identified several gold deposits, signaling a potential surge in regional gold mining activities. This uptick is likely to enhance the market for transporting gold from mines to refineries across Saudi Arabia.
In 2022, Saudi Arabia's gold imports soared to an impressive USD 5.22 billion, earning the nation the title of the 17th largest gold importer globally. That year, gold secured its spot as the 3rd most imported product in Saudi Arabia, as per the Observatory of Economic Complexity. These figures highlight Saudi Arabia's vigorous gold import activities, further invigorating the market in question.
Get Analysis on Important Geographic Markets
Download PDF
Saudi Arabia Secure Logistics Industry Overview
Saudi Financial Support Services Company (SANID), Alfareeq, Metras Security Services, APSG, and Ferrari Group are among the key players in Saudi Arabia's concentrated secure logistics market, which features a blend of local and regional entities.
To build client trust and meet both local and international safety benchmarks, companies are prioritizing regulatory compliance and risk management.
In Saudi Arabia, transporting sensitive data servers to a bank's new branch or central office demands careful handling and heightened security. Similarly, whether it's cash or gold, the shipping process—domestic or international—requires security, discretion, and precision. Consequently, there's a marked demand for secure logistics in the market.
Rising military conflicts and terrorism threats have driven significant investments in secure logistics systems from both public and private sectors. This heightened demand, particularly for armored vehicles in military equipment transport, highlights the sector's growth.
Secure logistics firms are turning to advanced fleet tracking systems to bolster the safety of high-value parcels. These technologies not only provide real-time GPS tracking and geo-fencing but also monitor fuel management and driver performance, ensuring operational safety and efficiency.
Saudi Arabia's secure logistics market is set for expansion, driven by demographic changes, a thriving e-commerce scene, and an increased focus on logistics security. Continued investments in infrastructure and technology will strengthen the sector, allowing it to meet rising consumer demands and adapt to the shifting dynamics of international trade.
Saudi Arabia Secure Logistics Market Leaders
-
G4S
-
GardaWorld
-
Prosegur
-
APSG
-
Alfareeq
-
Cash Solutions
-
DHL
-
SMSA Express
-
Metras Security Services
-
ETS Risk Management
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF
Saudi Arabia Secure Logistics Market News
- September 2024: Omnia Stores, a prominent player in the luxury jewelry sector, inaugurated a cutting-edge warehouse in Riyadh, Saudi Arabia. This strategic move bolsters the company's operations throughout the Middle East, underscoring a pivotal moment in Omnia Stores' expansion blueprint. The Riyadh facility is poised to cater to the surging demand for luxury jewelry in the region, simultaneously enhancing logistics and customer service. Equipped with state-of-the-art technology and sophisticated logistics systems, the Riyadh warehouse plays a crucial role in Omnia Stores' vision to refine its supply chain and elevate customer service standards.
- March 2024: Starlinks, a prominent logistics and supply chain solution provider in Saudi Arabia, partnered with IoT Squared, a trailblazer in IoT technology solutions. This collaboration, formalized through a strategic Memorandum of Understanding (MoU), aims to revolutionize smart supply chains in the Kingdom, in line with Saudi Arabia’s Vision 2030. The partnership melds IoT Squared’s advanced network and data architecture with Starlinks’ extensive logistics expertise in Saudi Arabia.
Saudi Arabia Secure Logistics Industry Segmentation
The secure logistics market refers to the segment of the logistics industry focused on the safe transportation, handling, and storage of valuable, sensitive, or high-risk goods that require enhanced security protocols. These goods often include cash, high-value items (such as jewelry or luxury goods), sensitive documents, confidential data, and dangerous or restricted materials.
The market is segmented by Application (Cash Management, Diamonds, Jewelry and Precious Metal, Manufacturing, Others), by Type (Static, Mobile (Roadways, Railways, Airways, Seaways)), and by End User (Financial Institutions, Retailers, Government, Others).The report offers market size and forecast values in (USD) for all the above segments.
| Application | Cash Management | ||
| Diamonds | |||
| Jewelry and Precious Metal | |||
| Manufacturing | |||
| Others | |||
| Type | Static | ||
| Mobile | Roadways | ||
| Railways | |||
| Airways | |||
| Seaways | |||
| End Users | Financial Institutions | ||
| Retailers | |||
| Government | |||
| Others | |||
Need A Different Region or Segment?
Customize Now
Saudi Arabia Secure Logistics Market Research FAQs
How big is the Saudi Arabia Secure Logistics Market?
The Saudi Arabia Secure Logistics Market size is expected to reach USD 605.66 million in 2025 and grow at a CAGR of 6.15% to reach USD 883.92 million by 2030.
What is the current Saudi Arabia Secure Logistics Market size?
In 2025, the Saudi Arabia Secure Logistics Market size is expected to reach USD 605.66 million.
Who are the key players in Saudi Arabia Secure Logistics Market?
G4S, GardaWorld, Prosegur, APSG, Alfareeq, Cash Solutions, DHL, SMSA Express, Metras Security Services and ETS Risk Management are the major companies operating in the Saudi Arabia Secure Logistics Market.
What years does this Saudi Arabia Secure Logistics Market cover, and what was the market size in 2024?
In 2024, the Saudi Arabia Secure Logistics Market size was estimated at USD 568.41 million. The report covers the Saudi Arabia Secure Logistics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Saudi Arabia Secure Logistics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Saudi Arabia Secure Logistics Industry Report
Statistics for the 2025 Saudi Arabia Secure Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Secure Logistics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
