Qatar Logistics and Warehousing Market Outlook to 2021: Ken Research
The
report titled “Qatar
Logistics and Warehousing Market Outlook to 2021 - Expanding Trade Volume
Supported by Infrastructure Spending to Support Growth” provides a
comprehensive analysis of the Logistics & Warehousing, express logistics,
3PL, Warehousing and Value added services market in Qatar. The report covers
various aspects such as overall size of Qatar logistics & warehousing
market in terms of value, segmentation on the basis of Service mix and
segmentation on the basis of industries, Freight forwarding, warehousing, 3PL
and air and ground express logistics market. 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 provides
the competitive landscape of major players along with detailed profile of
leading and emerging players operating in the market. The report also includes
future outlook and projection of the Qatar logistics & warehousing market,
freight forwarding market, warehousing market, 3 PL market and express
logistics market.
Qatar Warehousing & Logistics
Industry
The
growth in contract and express logistics led the industry growth during
2015-2016. The market for logistics and warehousing increased to USD ~ billion
by 2016. The period 2015-2016 has been the period of adjustments with
fluctuating oil prices and reduced investments. Even though, there has been a
fall in oil and gas projects for the logistics providers, the warehousing
segment has been on rise with improved warehousing solutions provided by major
players such as Bu Sulba Warehousing Park and LVQ. It has also been observed that
there has been a concentration in the competitive structure of the market with
surge in strategic partnerships such as the one between GWC and UPS in 2015.
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 which has attributed the Oil & gas industry
to be the largest contributor in the overall logistic & warehousing
industry in terms of revenues during 2016.
Qatar Freight Forwarding Market
Freight
Forwarding has been the leading segment of the overall logistics and
warehousing market over the past few years. During the period 2011-2013, the
freight forwarding segment has increased due to the burgeoning infrastructural
developments in the country. Retail and FMCG industry in the country has also
played an important role in the growth of logistics market in Qatar. 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. Sea freight movement has majorly dominated the market
for Logistics in Qatar
Qatar Warehousing Market
The
warehousing in Qatar has been an important revenue source apart from the
freight forwarding segment. The country has observed the prices rise of around
5-10% annually in warehousing rental.
Major
players in the country have been observed to increase their warehousing
capabilities such as GWC has recently completed their fifth phase of expansion
of LVQ. The expansion of manufacturing and industrial activities in the country
has also aided the market growth during the recent period. The improvement in
infrastructure and expansion of construction sector has also increased the
requirement of warehousing facilities in the country.
Qatar 3PL Market
The
third party logistics in the country has grown from ~% of the market in 2011 to
around ~% of the logistics market on the basis of revenues in 2016. The growth
has been due to rapidly growing e-commerce industry in the country. The
ecommerce companies generally prefer to partner with a logistics provider and
focus more on their functional area of expertise. Moreover the growth in the
third party logistics has also spurred due to the increasing number of
contracts offered since many corporations have not been able to manage their
complex supply chains and hence outsource the contracts to their logistics
partners.
Qatar Express Logistics Market
During
2014-2016, the E-commerce market has grown at a tremendous pace in the country
with highest per capita spend by an internet user. This has resulted in the
increase in the demand of express logistics in the country. The rising number
of E-commerce companies has positively impacted the growth of the express
logistics services.
The
express delivery market in the Qatar has been dominated by a few key players
namely; Aramex, DHL, TNT Express and Fed Ex. Aramex and DHL are two largest
players in Express logistics market. They have had a strong presence in the
express delivery market of the Qatar since 2011-2012.
The
Express delivery market is expected to grow at a CAGR of over 20% from
2016-2021. Growth in the E-commerce market will drive the express delivery
market for B2C business segment. Huge growth in B2C parcel volumes and
consumers of e-commerce are now demanding more convenient methods of collecting
their parcels as well as more efficient methods of returns.
Future Potential
Free
trade agreement between the GCC countries which has been commenced during 2015
is also projected to provide the impetus for growth in the logistics market in
the country. In the short run, the market is expected to grow and reach USD ~
billion by 2018. The high growth in the future is expected to be owed to the high
rate of growth in the warehousing segment as compared to the low margin freight
forwarding segment. The key catalyst of the logistics and warehousing market
growth in the long run is the development of infrastructure and construction
sector owing to the FIFA cup that is to be held in Qatar in 2022. This has
caused a spree of development in the country which has increased the trade and
warehousing activity in the country. It is anticipated that the market for
logistics and warehousing in Qatar will reach USD ~ billion by 2021.
Key Topics Covered in the Report:
Trends
Logistics Sector
Business
Future Logistics
Competition
Logistics Qatar
Middle
East Logistics Industry
Freight
Industry in Qatar
Maritime
Transport Qatar
Doha
Port Logistics Center
Challenges
Logistics Market
Warehousing
Rental in Qatar
Logistics
Market Share Report
Companies Covered in the Report
GWC
GAC
Bin
Yousef
DHL
Qatar
Logistics
TNT
Express
UPS
Fed
Ex
Aramex
Tokyo
Freight Services
Milaha
Maritime and Logistics
For more coverage click on the link
below:
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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