According to SPER Market Research, The Qatar warehousing and logistics market is anticipated to expand at a CAGR of under ten percent over the projected period. Being one of the top exporters of liquefied nitrogen gas (LNG) in the world, the country has contributed to the growth of the logistics industry. New growth plans are to blame for the market’s increase when the country hosts the FIFA World Cup. The market is expected to be driven by burgeoning manufacturing, e-commerce, and automotive sectors, as well as a growing national infrastructure and continued government spending on expanding logistics infrastructure. Qatar is expected to develop into a significant global centre for technology, the life sciences, healthcare, logistics, and a hub for commodities that must be delivered on time. This is because to its highly developed airport infrastructure and services. The developing logistics sector clusters are supposed to be served by the Ras Bufontas and Umm Alhoul free zones, which are located in a great location adjacent to Hamad International Airport and Hamad Port. Ras Bufontas will complement high value and time-sensitive commodities, while Umm Alhoul, the port-free zone, will give international freight forwarders access to the chemical, oil and gas, and heavy machinery sectors. The nation has been known to spend a lot of money on infrastructure, which has helped the logistics and warehousing business grow along with the success of the oil and gas industry.
Qatar Logistics and Warehousing Market Overview:
- Forecast CAGR (2022–2032): 16.62%
- Forecast Market Size (2032): 165.77 billion
Following the COVID-19 pandemic shutdown, imports from neighbors ended, therefore Qatar went to Europe and Asia to make up the shortfall. Consequently, despite the lockdown, its logistics sector grew. The development of the local logistics sector has also been assisted by the government of Qatar’s aspirational plans to make its country a new logistical and regional centre. The fact that Qatar is one of the main LNG suppliers in the globe also helped with this growth. Qatar’s e-commerce industry, which had been growing over the previous few years, has exploded as a result of the COVID-19 epidemic and all the resulting market conditions. Numerous factors, including increased screen time and social media use among consumers and businesses alike as well as more online contact, are driving this increase. The number of websites having e-commerce capabilities has more than doubled over the preceding five years. Some consumer categories experience more spending than others. Two businesses have dominated the Qatar market over the past five years: food and grocery delivery and online fashion and cosmetics. Lockdowns, virtual workplaces, and virus threats caused many changes in consumer behaviour, with the majority of individuals opting to shop from the security of their homes. These reforms have enhanced Qatar’s e-commerce offering, which has boosted the growth of the sector despite being terrible for many businesses.
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The Qatar Logistics and Warehousing Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Aero Freight, Airlink International Qatar WLL, Aramex, Bin Yousef Cargo, Britania, Freight and Logistics, Expeditors, FedEx, Gulf Agency Company, Gulf Warehousing Company, Milaha Maritime and Logistics, Modern Freight Company, Naaas Logistics, Qatar Logistics, Qatar National Import and Export Co., Qatar Post, Royalty, Logistics Services, Seven Sea Freight, SkyNet Worldwide Express, Speedway Cargo WLL, Target Logistics, Western Gulf Agency.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment – By Business Model (B2B, B2C, C2C, Cold Storage, ICD/CFS, Industrial/Retail), By Type of Storage (Closed Normal, Cold Storage, Open Yard, Temperature Controlled), By Contract Type (Contract, Integrated), By End User (Automotive, Consumer and Retail, Food and Beverages, Healthcare, Others), By Courier, Express and Parcel Market {International and Domestic CEP (International CEP, Domestic CEP), Air and Ground CEP (Air CEP, Ground CEP)}, By Delivery Time (2 Day Delivery, 3 Day Delivery, More Than 3 Day Delivery), By Mode of Payment (Cash on Delivery, Online Payment), By Location of Orders (Intra City, Inter City), By Third Party Logistics (Freight Forwarding, Warehousing).
This report also provides the data for key regional segments of Al Daayen, Al Khor, Al Rayyan, Al Shamal, Al Wakra, Al-Shahaniya and rest of Qatar.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link: –
Qatar Logistics and Warehousing Market Demand
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