Oman Express Logistics Market Outlook to 2022 by International & Domestic Express - The International Express Segment Dominated With a Massive Revenue Share of More Than 50% in 2017 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 12, 2018--The “Oman Express Logistics Market Outlook to 2022 - By International and Domestic Express ” report has been added to ResearchAndMarkets.com’s offering.
Express Delivery market in Oman is expected to increase at a double digit CAGR during 2018-2022.
Growth in the E-commerce market will drive the express delivery market for B2C business segment. Huge growth in B2C parcel market volumes and consumers of e-commerce are now demanding more convenient methods of collecting their parcels as well as more efficient methods of returns.
Majority of the customers prefer express delivery and this scenario is likely to prevail in the coming years, which will result into growth in market. It has also been anticipated that the express market will be majorly driven by the push from Sultanate of Oman Logistics Strategy 2040 (SOLS 2040), a roadmap to increase logistics revenue contribution to Oman’s GDP to 10% from current 4.9%.
The international express segment dominated Oman express logistics market with a massive revenue share of more than 50% in the year 2017. In accordance with Oman e-commerce association, the rapid development of online trading activities has opened great opportunities for express delivery firms in the domestic market. The companies should lay their focus on improving the delivery speed and fees charged in order to compete in the market. The remaining share is captured by domestic express segment. DHL, FedEx, TNT, Aramex are some of the major players that provides international as well as domestic express across Oman
The express logistics industry in Oman was witnessed to be moderately concentrated with the presence of major players in primarily international express segment. International express is dominated by DHL Express, followed by global players including FedEx, TNT and UPS Express, while domestic express is dominated by Oman Post.
Key Topics CoveredExecutive Summary Research Methodology Oman Express Logistics Market Overview and Genesis Oman Express Logistics Market Size, 2012-2017 Oman Express Logistics Market Segmentation, 2016-2017 Pricing Analysis for Oman Express Logistics Market Market Share of Major Players in Oman Express Logistics Market Comparative Landscape of Major Players operating in Oman Express Logistics Market Oman Express Logistics Market Future Outlook and Projections, 2018-2022
Companies ProfiledAramex Oman DHL Oman FedEx Oman Oman Post TNT Oman
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PUB: 10/12/2018 06:03 AM/DISC: 10/12/2018 06:03 AM