Reed Exhibitions, the world’s leading event organizer with over 520 events annually across over 45 economic sectors, has announced that it is organizing SiTL Middle East, a brand-new trade show focused on providing the latest developments in the transport and logistics sector to be held at Dubai South from November 16 to 18, 2020. The event is set to provide an effective platform for government and industry stakeholders from across the Middle East, Africa and South Asia (MEASA) to access leading technologies that increase efficiency and reduce costs in logistics operations.
The debut edition of SiTL Middle East is set to welcome over 120 exhibitors and more than 2,000 visitors, including regional distribution managers and logistics professionals keen to take advantage of the latest trends in innovations and solutions that could boost business efficiency and profitability. In addition, the event will be an important venue for key officials from various countries to hold bilateral discussions, while the UAE Government and other leading commercial entities will highlight the country’s major efforts in building a global hub supported by world-class facilities and services.
SiTL Middle East will feature seven major segments, including intra-logistics, robotics and automation; packaging and pallet; technologies, IOT and information systems; new energy and transport equipment; real estate and logistics infrastructures, and safety and cybersecurity.
It will also hold a conference supported by key partners from Reed’s global networks in its logistics events, including a Demo Zone where one can experience world-class equipment and solutions, including customised tours. Reed Exhibition also brings to the region its highly acclaimed Business Connect, dedicated buyers and matchmaking programme which will host over 100 top buyers from the region and arrange pre-scheduled meetings for exhibitors to optimize business opportunities.
According to the World Bank’s Logistics Performance Index 2018 ranking, the UAE stands 13th out of 160 countries, outstripping Canada, France, Finland, Denmark and Australia. The Middle East logistics market is seen to reach USD 66 billion by the end of 2020, according to Swisslog Middle East, the robotic, data-driven and flexible automated solutions provider. The UAE’s e-commerce sector alone is currently worth USD 17.8 billion, representing 45.6 per cent of the total value of the Middle East’s e-commerce market. A thriving e-commerce industry in the Middle East and North Africa is expected to be worth US$28.5 billion by 2022, while the global logistics industry will touch the US$726 billion mark by 2020.
A Technavio report highlighted that the global logistics market between 2020 and 2024 is poised to grow by USD 287.1 million, progressing at a CAGR of nearly five percent, driven by consumer goods, automotive, food and beverage and healthcare.
The market is driven by the increasing use of multimodal transport. In addition, digital transformation is anticipated to further boost the growth of the logistics market. Multimodal transport decreases cargo handling time and costs per vehicle and helps keep inventory and merchandise costs under control.