Friday, July 22, 2022

Surging logistics volume, rising imports, trend of logistics outsourcing and government efforts to enhance the logistics infrastructure in Kuwait: Ken Research

May 2022 | Kuwait News

Key Findings

  • There are 900K+ import/export containers in three ports of Kuwait with 10M+ import/export per ton.
  • Kuwait's Public Authority for Roads and Transportation (PART) is currently implementing 19 major road projects across the country worth a total of $4.9 Bn.
  • Digital transformation will be one of the most prominent pillars of the government's work program in order to develop services and simplify procedures, as government agencies aim towards greater automation of their services.

Kuwait Warehousing Market Overview

Infrastructure Development: The Kuwaiti Government has set up an investment plan for expanding and modernizing the airport. It will include building a new passenger terminal, a third runway and expansion and refurbishment of the two existing runways, a second control tower, taxiways, various platforms and a new administrative building for the aeronautical authority, in addition to a program of projects for air navigation and communications facilities.

Emergence of New Technologies: Advanced sortation systems, Drones, IoT and Automated guided vehicles are some of the emerging technologies in the Kuwait warehousing ecosystem. Advanced analytics, such as predictive analytics, are leveraged to improve forecasting and drive smarter decision-making in the warehouse.

Focus on Last Mile Deliveries: There is a growing need of last-mile deliveries occupying a critical position. eCommerce sales and demand for quick delivery continue to increase every year.   Porter Express serves some of the renowned companies in Kuwait and the surrounding region. Porter Express is looking forward to become a dominant last mile and fulfillment provider in Kuwait after becoming a profitable player in 2020.

Shift to Sustainable Warehousing: Kuwait Warehousing Industry is expected to witness a major shift in warehousing management techniques. Companies plan to use energy efficient equipments, reduce the packaging and utilize biodegradable materials. For example, Kuwait-based logistics provider, Agility has spent $18m in green supply chain technologies through its corporate venture arm Agility Ventures. The two companies that have benefitted from this step are Hyliion and TVP Solar.

The report titled Kuwait Warehousing Market Outlook to 2026F– “Driven by Rise in Demand for Technologically Advanced Warehouses by Different End Users provides a comprehensive analysis on the status of the warehousing market in Kuwait. The report covers various aspects including overview of transportation infrastructure, industrial landscape of Kuwait, warehousing market size and segmentations, trends and developments, issues and challenges, regulatory landscape, value chain analysis, competitive scenario and emerging technologies in the industries. The report concludes with market projections for future of the industry including forecasted industry size by revenue and business activity.

Key Segments Covered

  • By Captive and Logistics Companies
  • Logistics Companies
  • Captive Companies
  • By Licensed and Non Licensed Warehouse
  • Licensed Warehouses
  • Non-Licensed Warehouses
  • By Grade
  • Grade A
  • Grade B and others
  • By Commercial Models
  • Built to Suit Model
  • Long Term Leasing Model
  • Rental Models by 3PL
  • By Warehouse Type
  • Dry & Ambient
  • Cold Storage
  • Open Yards
  • Agriculture and Other Warehouses
  • By End Users
  • Food & Beverages
  • Consumer Retail
  • Healthcare
  • Automotive and Industrial Equipments
  • Consumer E-Commerce
  • Others
  • By Consumer E-Commerce
  • E-commerce Delivery Stations
  • Dark Kitchens/Stores
  • Others
  • By Region
  • Mina Abdullah
  • Sulaibiya
  • Shuwaikh
  • Ardiya
  • Jahra
  • Others

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDQz

Companies Covered

  • Agility Kuwait
  • KGL Logistics Kuwait
  • DHL Kuwait
  • City Group
  • Aramex
  • TransCrate Logistics

Key Target Audience

  • International Domestic Freight Forwarders
  • Warehousing Companies
  • Logistics Companies
  • Logistics Consultants

Time Period Captured in the Report:-

  • Historical Period – 2016-2021
  • Forecast Period –2021-2026F

Key Topics Covered in the Report

  • Executive Summary
  • Logistics Warehouse Companies in Kuwait
  • Kuwait Country and Logistics Sector Overview
  • Snapshot of Industrial Market Landscape in Kuwait
  • Major Regulations for the Warehousing and Logistics Industry in Kuwait
  • Emerging Technologies in Kuwait Warehousing Market
  • Key Trends in Kuwait Warehousing Market
  • Major Challenges in Kuwait Warehousing Market
  • Competitive Landscape in Kuwait Warehousing Market
  • Strengths and Weaknesses of Major Warehousing Players in Kuwait
  • Detailed Analysis on Kuwait Warehousing Market (Market Size, 2016-2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026F) 
  • Competitive Landscape in Kuwait Warehousing Market
  • Analyst Recommendations

Related Reports

UAE Cold Chain Market Outlook To 2025 – By Cold Storage (Ambient, Chilled And Frozen Warehousing) And Cold Transport (Land, Sea And Air), By End User (Dairy Products, Meat And Seafood, Pharmaceuticals, Fruits And Vegetables And Others) And By Ownership (Integrated And Contract Logistics)

Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

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