How is the Cold Chain Market Positioned in Qatar: Ken Research
Overview: The cold chain market in Qatar is at the growth stage. It has established its position as an important import hub for the GCC countries (after UAE). Most of the goods are transported to the GCC countries after reaching Qatar. The high dependence of the country on imports to meet its food requirements has decreased over the past years and has necessitated the development of cold chain facilities to store domestically produced perishable products. Considering the very high temperature and humidity levels observed in the Qatar most of the year, cold supply chain logistics practices have become more important to the businesses in the country. Qatar Cold Chain Market has grown positively primarily due to substantial government investments in freight industry, increase in retail and consumer spending especially in meat and seafood, dairy market, and the impending FIFA World Cup 2022.
Market: The cold chain industry amounted to USD ~ Mn revenue in 2021P, grew at a CAGR of ~% during the period 2016-2021P. Meat & Sea Food, Dairy and Pharmaceuticals are important end users for cold chain market in Qatar. The pharmaceutical sector has witnessed a higher growth rate especially after the pandemic and the Qatar government has taken several initiatives to enhance the infrastructure for the same.
The Qatar cold chain market was slightly disrupted due to Covid-19. However, the industry did not decline much owing to the nature of the industry. The perishable products and cold storage warehousing market has gained higher traction in comparison to other logistics market.
The market operations are concentrated in two major free zones: Ras Bufontas and Umm Alhoul Free Zone, where majority of cold warehouses are located.
Qatar Cold Chain Market Segmentation
By Cold Warehousing & Cold Transportation
The cold storage market is dominating the market and contributed majority revenue share to the cold chain industry. The relatively higher growth in cold warehousing as compared to cold transportation can be attributed to setting up of new facilities in Free Zone Areas by the companies in the industry. Seasonal surge in demand is seen especially during the Ramadan festival.
By End-User Application (Meat and Seafood, Dairy Products, Pharmaceuticals, Fruits and Vegetables and Others): Meat and Seafood contributed the highest revenue share in 2021P since Qatar is beyond self-sufficient in milk and dairy products. Hence, has greater cold storage and transportation needs for this segment. The pharmaceutical industry saw a boost post the onset of the pandemic and the consumption of fruits and vegetables increased due to growing health concerns in the country.
By Temperature Range (Ambient, Chilled and Frozen): Chillers and freezers were quite high in demand in the year 2021P given the increase in the consumption of frozen and fresh food items. There is highest demand for freezers in Qatar. Various food items are stored in frozen condition before being consumed in Qatar, including meat and seafood.
By Ownership (Integrated and Contract Warehouses): Integrated logistic facilities generated larger revenue share in 2021P. This is majorly as most of the warehouses (especially the big players) are able to store/ accommodate their clientele's products within their owned warehouses.
Qatar Cold Transportation Market Segmentation
By Mode of Transport (Land, Sea and Air): Cold transport through land contributed the highest revenue to the cold transport industry as food imports into the country through ports are transported to different cities via land transport.
By Type of Freight (Domestic and International): Cold transportation to international markets accounted for majority of the revenue of the Qatar cold transport industry. Since Qatar is a small country geographically, its domestic transport revenue generation is lesser than the revenue generated from international transport.
Competition Scenario In Qatar Cold Chain Market
Competition in Qatar Cold Storage Market is moderately consolidated with ~7 large companies acquiring chunks of market share. The market is highly concentrated in the free zones of Ras Bufontas and Umm Alhoul Free Zone.
The developed transport infrastructure in these regions along with the proximity to the sea and air ports has been the key factors leading to the growth of the cold chain businesses in these areas.
The cold chain companies in the country compete on a host of parameters such as price, quality of service, technological advancement, key clientele, location, industry expertise, etc. Major players in the cold chain market include GWC Logistics, Gulf United Cold Stores, Qatar Logistics, Qatar Logistical Services, Tokyo Freight Services and others.
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Qatar Cold Chain Market Future Outlook and Projections
The Cold Chain market in Qatar is expected to experience moderate level of growth at a single digit CAGR in terms of revenue during the period 2021P-2026F. The Cold Chain market in Qatar is expected to experience positive growth owing to the increased demand for perishable food items, development of infrastructure and freight routes and government’s initiatives to improve the logistics infrastructure in the country as part of the ‘Qatar National Vision 2030’. Moreover, the operational efficiency in Qatar Cold Chain Market over the forecast period 2021P-2026F is to improve with the increasing adoption of warehouse automation technologies such as RFID, AS/AR, WMS, AMR and others.
Key Segments Covered
By Type of Market
- Overall Cold Chain Market
- By End-User Application
- Meat/seafood
- Dairy products
- Pharmaceuticals
- Vegetables/fruits
- Others
- Cold Storage
- By Temperature
- Ambient
- Chilled
- Frozen
- By Ownership
- Integrated
- Contract
- Cold Transport
- By Mode of Freight
- Land
- Sea
- Air
- By Type of Freight
- Domestic
- International
- By Type of Air Freight
- Domestic
- International
- By Type of Land Freight
- Domestic
- International
Key Target Audience
- Cold Chain Companies
- Logistics Companies
- Government Associations
- Express Logistics Companies
- Industry Associations
- Warehousing Companies
- E-Commerce Operations
- Investors and Private Equity Companies
- Logistics Companies
- Dairy Companies
- Meat and Seafood Companies
- Fruits and Vegetables Companies
- Pharmaceutical Companies
Time Period Captured in the Report
- Historical Period: 2016-2021P
- Forecast Period: 2021P-2026F
Companies Covered
- GWC Logistics
- Gulf United Cold Stores
- Qatar Logistics
- Qatar Logistical Services
- Tokyo Freight Services
- JSL Global
- Milaha Cold Storage
- Western Gulf Agency
- GAC
Key Topics Covered in the Report
- Qatar Cold Chain Market Overview
- Infrastructure Analysis
- Existing and Emerging Technologies
- Qatar Cold Chain Market Value Chain
- Qatar Cold Chain Market Size by Revenue, 2016-2021P
- Qatar Cold Chain Market Segmentation and Segment Future, 2021P-2026F
- End User Industry Analysis And Future Growth Potential
- Qatar Cold Chain Market Competitive Landscape
- Qatar Cold Chain Market Company Profiles of Major Players
- Regulatory Environment
- Industry Trends and Developments
- Industry Issues and Challenges
- Analyst Recommendation
- Qatar Cold Chain Market Future Outlook and Projections, 2021P-2026F
- Qatar Cold Chain Market Analyst Recommendations
For More Information, refer to below links:
Qatar Cold Chain Market Outlook to 2026: Ken Research
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