Ken Research announced its latest publication on “Qatar Logistics and Warehousing Market Outlook to 2021 – Expanding Trade Volume Supported by Infrastructure Spending to Support Growth” provides a comprehensive analysis of logistics & warehousing industry in Qatar. The report covers various aspects such as overall size of Qatar logistics & warehousing market and Freight forwarding, warehousing, 3PL and air and ground express logistics segments. The report also covers value chain analysis for logistics & warehousing market, comparative analysis of Qatar logistics market with GCC and global logistics market. The report also covers the competitive landscape of the industry along with detailed profile of leading and emerging players operating in the market.
The economy of Qatar is largely dependent on Hydrocarbons and related sectors. Qatar has been the largest supplier of Natural Gas since past 3 years. The export of oil and gas to other countries has witnessed a robust growth over the past few years. This is the major reason for the expansion of overall logistic & warehousing industry in terms of revenues during 2016. The huge investment by the government on the infrastructure in the country owing to the preparations of FIFA 2022 has provided an impetus to the engineering equipment industry in the country. The transportation and storage of the products from consumer retail industry has led to the increase in demand for logistic and warehousing services in the country.
Freight Forwarding has been the leading segment of the overall logistics and warehousing market over the past few years. The years 2015 and 2016 showcased low growth pace as compared to other years due to a fall in oil and gas projects even when the country remained the largest supplier of natural gas. Major projects were signed with major players such as GWC and GAC as long term contracts.
During the period 2016-2021, the freight forwarding segment will increase at a CAGR of 18.1% while warehousing segment would register a CAGR of 27.5% during the same period.
Globalization of supply chains, the growth of e-commerce and technological innovations has changed the structure of the logistics market. Currently, there are around 400 freight forwarding companies in Qatar. To remain competitive in the evolving market, logistics providers are exploring new innovations and technologies to streamline their operations. GWC, Aramex, GAC, DHL, Bin Yousef, Qatar Logistics, Tokyo Freight Services and Milaha Maritime and Logistics are some of the major players operating in the freight forwarding segment.
“Expanding industrial activities in the country has triggered the demand for logistics and warehousing services. The dominating companies in the industry should focus on expanding the distribution network to cater the untapped pin codes in the country. The companies should also upgrade its technology to modern digital technology which will increase the cargo handling capacity of warehouses. The companies should also focus on offering multiple value added services to the customers, as value added services is an important parameter for the clients to choose their logistics partners in the country” according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
Key Services Mentioned in the Report
Companies Covered in the Report
Tokyo Freight Services
Milaha Maritime and Logistics
For more information about the publication, refer to below link:
Saudi Arabia Logistics & Warehousing Market Outlook to 2020 – Expanding Industrial and Retail Activities Supported by Infrastructure Spending to Support Growth
Ankur Gupta, Head Marketing & Communications