Households drive market demand, with household spending representing 66.0% of total demand in 2023. United International Transport Co, The is the largest company in Saudi Arabia, generating 30.7% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 43.6% of total production value in 2023. The total number of companies increases in 2023, to 1,140 units. The costs of the industry decrease by 0.9% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 54.6% of turnover in 2023, the 12th highest regionally. With turnover of USD699 million, Saudi Arabia accounts for 9.1% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Renting of Land Transport Equipment in Saudi Arabia: ISIC 7111. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Renting of Land Transport Equipment in Saudi Arabia: ISIC 7111 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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