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With a CAGR of 7.3% between 2017 & 2021 Innovative Warehousing technologies are changing the warehousing ecosystem for good. Is it a feasible solution for long term growth? : Ken Research
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Availability of modern warehousing facilities available in various parts of the country is one of the main factors contributing to the growth of warehousing market in Egypt. For instance, 'The National Service Projects Organization' is an addition to one of the largest storage projects in the world supplied by Symaga in 2015 with a total storage capacity of 70,000 tonnes. The facility will play a key role in logistics and storage within the Egyptian food safety strategy. Other such projects include 'Maersk Warehouse facility in Ismailia' & 'Amazon warehouse in 10th of Ramadan.'
2. Increased Automation due to rising Investment in Newer Technologies is driving the demand for Modern Warehouses in Egypt
Next generation supply chains in Egypt are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to Market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.
For more insights on market intelligence, refer to the link below: -
https://www.kenresearch.com/industry-reports/egypt-logistics-market
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