Logistics
Asyad Express Emerges As Key Player in the Growth of e-Commerce & Luxury Lifestyle Products in the GCC
The e-commerce sector in the GCC is experiencing exceptional growth, driven by the increasing demand for luxury products and modern lifestyle goods, such as fashion, beauty products, health, home decor, and interior designs.
According to statistics, e-commerce spending in these countries is expected to reach $46.88bn by 2029, with a compound annual growth rate of 9.93 per cent. This rapid growth can be attributed to several key factors, including the widespread availability of online services in the region, an increase in digital awareness among consumers, and government initiatives to strengthen the digital economy. Additionally, the convenience and comfort of online shopping, the ability to customise selections, and fast delivery services all contribute to e-commerce becoming an essential part of consumers’ daily lives.
Online shopping has become the preferred consumption model in the GCC, with 73 per cent of consumers opting to shop online for their food needs. This trend extends beyond food to include electronics and personal care products. The rise of smartphone payment systems and digital wallets has significantly enhanced the online shopping experience. Forecasts indicate that the GCC will see an annual growth rate of 10.95 per cent in the total revenues of the e-commerce sector between 2023 and 2027. This rapid growth is largely dependent on the strength of the logistics sector, which serves as the vital link between brands and consumers. The logistics market in the MENA region is projected to reach approximately $57bn by the year 2026, underscoring its critical role in supporting the burgeoning e-commerce industry.
In this context, leading logistics companies like Asyad Express play a pivotal role in meeting the increasing market demands by providing advanced infrastructure and reliable logistics solutions. Asyad Express supports brands in expanding and growing in a highly competitive and fast-changing digital market, with a focus on offering services tailored to the luxury product sector. Benefiting from its strategic location at the crossroads of Asia, Africa, and Europe, the Sultanate of Oman enjoys a competitive edge in accessing global markets. Asyad Express, part of Asyad Group, one of the largest integrated logistics service providers in the Middle East and North Africa (MENA), offers innovative logistics solutions that are revolutionising the logistics market in the GCC and beyond. Asyad Express is also a key player in driving the digital economy’s growth, boosting the competitiveness of companies in this expanding market.
Asyad Express has achieved significant growth in the luxury products and lifestyle sectors within the e-commerce market. In 2023, it handled over 600,000 shipments and generated revenues exceeding $7mn. Continuing its success, the company has processed more than 925,000 shipments, amounting to over $22mn from January to November 2024. These figures reflect Asyad Express’s vital role in supporting the growing e-commerce market and meeting the increasing demand for modern lifestyle products.
The key to Asyad Express’s success lies in providing a comprehensive range of services that meet the needs of the e-commerce sector. These services include modern storage facilities covering over 5,700 square meters, reliable delivery services connecting local and regional markets, and an expansive distribution network reaching over 220 destinations worldwide. Asyad Express is the ideal partner for e-commerce platforms and companies of all sizes, from global e-commerce leaders to local small businesses.
Asyad Express offers tailored solutions according to the unique needs and demands of each client, having partnered with renowned brands such as Shein, ASOS, Amouage, Boutiqaat, Rydan, Lattafa, and many others. These partnerships have expanded the reach of companies, enhanced their operations, and introduced innovative customer experience models. The collaboration with leading brands aligns with Asyad Express’s vision of transforming the e-commerce and digital logistics sectors in the Middle East. By leveraging its strategic geographic location and advanced logistics infrastructure, Asyad Express focuses on delivering innovative services that meet the demands of global companies, enhancing Oman’s position as a leading global logistics hub.
In addition to its integrated logistics services, Asyad Express provides a range of value-added solutions, including cash-on-delivery services, returns management, customs clearance, packaging services, and shipment tracking. These advanced solutions help meet customer needs in a highly competitive market, making Asyad Express a strategic partner for companies aiming to grow and achieve excellence.
Asyad Group continues to move steadily towards achieving its ambitious vision of becoming one of the top ten global companies in providing integrated logistics services by 2040. Its efforts are not only focused on realising Oman’s aspirations to become a global logistics hub, but also on playing a pivotal role in shaping the future of modern lifestyle trends in the GCC countries. This goal highlights Asyad Express’s ambition to create an integrated and dynamic market that connects brands with consumers efficiently and effectively, contributing to driving economic growth in the region.
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