The report titled “Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F- Driven by Growth in Online Shopping platforms along with Introduction of New Technological Advancement” provides a comprehensive analysis of the potential of e-commerce and e-commerce logistics market in Iraq. The report covers various aspects including the growth of E-Commerce industry, revenue generated from E-Commerce logistics players, its segmentations viz, By Sourcing, By Volumetric Weight, By Delivery Period (Same Day delivery, Next day Delivery, More than 2 days), By Payment (Cash, E-wallet, Debit Card, Credit Card, QR Pay, Bank Transfer), Business Models, Major Trends and Development, Issues and Challenges, Technological Advancements and Competition Analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.
Iraq E-Commerce Logistics Market Overview and Size
Iraq is a developing country in terms of internet penetration of 75% in 2021. Iraq’s internet infrastructure, youthful, tech-savvy population and rising mobile/broadband penetration rates all point to strong potential for the country’s e-commerce market. Iraq E-commerce shipments market has been observed in its early growth stages of development, thus growing year on year majorly due to improving fulfillment rate and high demand for faster delivery, coupled with increase in the number of online orders. Expansion in internet services (~67.3% smart phone penetration in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in Iraq. Updated Technology such as Live Tracking, Automation, WhatsApp Bots, AI Systems, IoT, and Telematics are used by e-com logistics players.
Iraq E-Commerce Logistics Market Segmentations
By Sourcing: Baghdad generated the highest e-commerce orders followed by Mosul and Erbil. E-commerce hubs are concentrated in Baghdad, Mosul, Erbil and Basra owning to large and digitally literate consumer base with decent purchasing power along with highest urban population.
By Volumetric Weight: 1-3 KG Shipments accounted for the highest number of orders in Iraq E-Commerce Logistics Market followed by 3-6 Kg and 0-1 Kg respectively in 2021. Consumers usually purchase low weight products such as Fashion/ Apparels, Groceries, Mobile Phones and Accessories, Footwear owing to the fact that profitable items often have a high value-to-weight ratio.
By Delivery Period: Majority of the E-Commerce Shipments takes one day to get delivered in Iraq, majorly in cities like Baghdad, Erbil, Basra and Mosul. Customers are willing to pay extra price for sooner deliveries. Growing expectations of consumers towards fast shipping from e-retailers along with delivery of products in case for a special event, such as during festivals will lead to rise of same-day delivery option in Iraq.
By Payment: Across Iraq, COD are the most preferred payment method due to low financial inclusion. E-payment gateways, e-wallets and contactless payment are becoming more widespread, with the Iraqi Government introducing initiatives for financial inclusion of the Iraqi population.
Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTYxNDE2
Iraq Warehousing Industry Overview
The warehousing industry is in the growing stage due to emergence of the country as a major oil and gas hub. Warehousing companies in Iraq compete on the basis on Size, Location, Cost, Technology, Clientele, Additional Value-Added Services (Packaging, Sorting, Labeling, etc.)
Iraq Warehousing Market Segmentations
By Region: The Iraq Warehousing industry is majorly concentrated in Baghdad, followed by Erbil and Basrah respectively. Erbil and Basrah poses as a major warehousing hub due to the presence of oil fields in the region.
By End User: The majority of warehousing space in Iraq is occupied by oil and gas industry followed by FMCG, Electronics, and Construction material, E-commerce and retail industry respectively.
Competitive Landscape of Iraq E-Commerce Logistics Market:
The e-commerce logistics space in Iraq is in Growth Stage and is highly fragmented with the presence of ~100+ organised Express Logistic companies and 1000+ unorganised Dabbawallas delivering the E-Commerce Shipments across the country. Top 3 players namely Aramex, Sandoog, Mateen Logistics contribute majorly to the organised market share. Companies are battling against each other to acquire and retain clients, expand geographical presence, expand service offering and improve unit economics to increase margins. Fleet size, number of orders, clientele, and number of delivery centers, price, and delivery time are the key competing parameters for the e-commerce logistics providers.
Iraq E-Commerce Logistics Market Future Outlook and Projections
Over the forecast period, Iraq E-commerce logistics market is expected to drive up the demand because of expected surge in internet penetration, especially its exposure to the youth. Due to the COVID-19 outbreak, there has been a shift from offline sales to online sales, which is expected to ensure substantial growth in the future as well. The e-commerce logistics market in the country is expected to grow on the back of new technologies such as Automation, Blockchain, and the Internet of Things, which will be explored to increase efficiency, improve customer experience and enhance service quality.
Key Segments Covered
- By Delivery
- Same day
- Next day
- More than 2 days
- By Product Category
- Fashion
- Electronics
- Toys, Hobby & DIY
- Media
- Beauty and personal care
- Furniture
- Beverages
- Food
- By Volumetric Weight
- 0-1 Kg
- 1-3 Kg
- 3-6 Kg
- Greater than 6 kgs
- By Location
- Baghdad
- Erbil
- Mosul
- Basra
- By Payment
- Cash
- Others (Debit card, Credit cards, e-wallets)
- By Souring
- Domestic
- International
- By Gender
- Male
- Female
- By Age group
- 15-35 years
- 35-55 years
- 55 and above
E-Commerce Logistics Companies Covered
- Aramex
- Sandoog
- Mateen Logistics
- Iraq Post
- DHL
Key Target Audience
- 3PL Logistics Companies
- Integrated Logistics Companies
- E-Commerce Marketplace Platform
- Retail Companies
- Logistics/Supply Chain Industry Associations
Time Period Captured in the Report:-
- Historical Period – 2016-2021
- Forecast Period – 2021-2026
Key Topics Covered in the Report
- Iraq E-Commerce Market Overview
- Cross Comparison- Major E-Commerce Players in Iraq
- Iraq E-Commerce Logistics Market Overview
- Iraq E-Commerce Logistics Market Size
- Iraq E-Commerce Logistics Market Segmentation 2021
- Iraq E-Commerce Shipments Pricing Analysis
- Iraq E-Commerce Logistics Market Growth Drivers
- Iraq E-Commerce Logistics Market Trends & Developments
- Iraq E-Commerce Logistics Market Government Role and Initiatives
- Iraq E-Commerce Logistics Market Logistics Constraints
- Iraq E-Commerce Logistics Market SWOT Analysis
- Competitive Landscape of Iraq E-Commerce Logistics Market
- Iraq E-Commerce Logistics Market Cross Comparison
- Iraq E-Commerce Logistics Market Pricing Analysis
- Future Market Size and Segmentations, 2021-2026F
- Covid-19 Impact on Iraq E-Commerce Logistics Market
- Analyst Recommendations
- Case Studies
For more information on the research report, refer to below link:
Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F
Related Reports
Follow Us
LinkedIn | Facebook | Twitter | YouTube
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
No comments:
Post a Comment