Bahrain Transportation & Logistics Industry
Bahrain transport and logistics market is witnessing string growth momentum owing to its geographic location and connected transportation infrastructure that makes it simple to access the other parts of GCC region mainly via air and sea. The transportation and logistics sector has a long history in Bahrain as country is known as commercial hub. The terrain of the nation allows for seamless inter-modal communication, and the Kingdom currently boasts cutting-edge transformation infrastructure and connection.
Bahrain Logistics Industry Growth Outlook
Bahrain's varied economy and steadfast government efforts to engage in significant infrastructure projects are driving this industry. The industry offers affordable distribution and fulfilment options because the Kingdom has the lowest setup, operation, and port fees. Makreo Research in its latest study,“ Bahrain Logistics Market Future Outlook to 2027 – Market Segmentation by Mode of Transportation, In-bound and Out-bound Logistics, By Industry”, identified that in 2021 Bahrain Transportation and logistics market registered yearly growth of 12%-14%, and it is expected to grow at a CAGR of 4% from 2022-2027, generating a market revenue of more than USD 4.5 billion.
Moreover, as part of the Kingdom's Economic Recovery Plan, Bahrain started laying the foundation for its new Express Cargo Village. The procedure of integrating operations at has been done so as to better assist each cargo operator and uphold the highest international standards. E-commerce and freight favor the Kingdom as a destination by streamlining the procedures for land transportation and combining Khalifa bin Salman Port's services with those of Bahrain's international airport. By lowering setup costs by 40% and mandating a 2-hour turnaround for all containers, the cargo village helps the logistics sector by halving the time it takes for goods to reach customers.
Impact of Covid-19 over Bahrain Logistics Market
Border closures, a decrease in demand, and a halt in production have all had a substantial impact on logistics and freight movement as a result of the pandemic. Bahrain Logistics Companies had varied impact depending on the items they deliver and the sectors they support. While the pandemic's impact on the automotive industry has been relatively severe, the coronavirus crisis's impact on the food business, for instance, has been relatively minor. There is no doubt that despite obstacles, supply systems for common consumer items kept running and were always available. The crisis has revealed just how vital the sector is.
Further Key Findings of Bahrain Transport and Logistics Market
 Supply Chain: The management of logistics has significantly improved as a result of increased usage of supply chain optimization platforms, including automation, system and data integration, additional resources for workers, and expanded supply chain visibility. Businesses are using technology to streamline, automate, and smooth out activities in order to boost efficiency.
 AI an Emerging Platform: In the logistics business, artificial intelligence is becoming increasingly important. From predictive analysis tools to autonomous trucks and robot control, the principles of this technology are transforming the whole logistics scene. Because the Bahrain is transitioning to a data-driven economy, the logistics industry is being leveraged to a greater extent by using analytics technologies to manage the demand and supply of an enormous amount of data. In this way, it aids in the fine-tuning of client experience and operational efficiency. Furthermore, it provides improved predictive maintenance, inventor visibility, cost reductions, particularly at the operational level, and overall management.
 Declining Unemployment Rate: In Bahrain, the unemployment rate dropped from 5.75% to 3.86% in 2021.In Bahrain, the unemployment rate has historically ranged between 0.830% in 1993 and 4.09% in 2020. In terms of Unemployment Rate, Bahrain is currently placed 80th out of the 102 nations we cover, an improvement of 86 spots from where it was ten years ago.
 E-commerce Boom Increases Bahrain's Need for Warehouses: There is a huge demand for warehouse space in Bahrain as a result of the pandemic-driven increase in online sales, which has caused businesses to scramble for locations to store and distribute items to customers. Excellent opportunities exist. Many shoppers have already given up on going shopping in person. They can complete everything digitally without wasting time looking for a parking spot, standing in line to pay, or running the risk of bumping into someone.

Key Topics Covered in the Report:

By Mode of Transport
Road Freight
Air Freight
Sea Freight
By Type
Inbound
Outbound
By Industry



Companies covered in Bahrain logistics market report:

• Seahorse Marine Services

• Trafco Logistics Company SPC

• Transgulf Maritime Services W.L.L.

• Consolidated Shipping Services W.L.L

• Al Jazeera Shipping Co. W.L.L.

• Gulf Agency Co. Bahrain W.L.L – GLS Muharraq


For more information on the research report, refer to below link:
https://www.makreo.com/report/bahrain-logistics-market-future-outlook-to-2027-market-research-report

Related Reports by Makreo Research

Bahrain Logistics Market Future Outlook to 2027 – Market Segmentation by Mode of Transportation, In-bound and Out-bound Logistics, By Industry

India E-commerce Logistics Market Performance and Future Outlook to 2027

UAE E-Commerce Market Performance An Outlook to 2027-COVID-19 Impact Assessment

Turkey Freight Forwarding Industry-Focus on Cold Chain Market

Indonesia Logistics Market Outlook to 2025 COVID-19 Impact Assessment


Contact Us:
Makreo Research
Ankit Suri
[email protected]
+91-9619699069