Showing posts with label Qatar Cold Storage Market. Show all posts
Showing posts with label Qatar Cold Storage Market. Show all posts

Friday, May 5, 2023

The Market For Cold Chains In Qatar Is Projected To Expand At A CAGR Of 6.6% By 2026. Will Qatar Uphold This Expectation? : Ken Research

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1. Technological and Warehousing Developments Set to Revolutionize the way Cold Logistics work in Qatar.

Qatar Cold Chain Market

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Remote Monitoring System (RMS)

This measures the door opening and temperature fluctuations of a refrigerator. There are two volt free contacts in the door of the refrigerator. These record all opening and closing of the door. The analog signal is converted into a digital signal and is transmitted to a centralized computer. A user can remotely check the conditions. E.g., Vacker is a customizable RMS provider in Qatar.

Warehouse Management System (WMS)

WMS often utilize Auto ID Data Capture (AIDC) technology, such as barcode scanners, mobile computers, and RFID) to efficiently monitor the flow of products. After data collection, there is either batch synchronization, or a real-time wireless transmission to a central database. The database provides useful reports about the status of goods. E.g., Stallion Group, Cluster, LEDD Technologies are some of the providers.

2. In the last several years, Qatar has risen to the top of the Global Innovation Index.

Qatar Cold Chain Market

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Under the category of ‘Logistics Performance’, Qatar took rank 29. This rank demonstrates both Qatar’s high performance in this sector and the scope to improve further in enhancing the logistics performance. This can be achieved in the coming years as Qatar continues to diversify and increase its capacity to produce food domestically. The FIFA World Cup 2022 which took place in Qatar, is also contributed towards increasing investments in the overall logistics and cold chain market in the country.

3. Qatar building Freight Master Plan to Establish Modern Infrastructure for the Freight Industry and Control Freight Traffic on Road

  • The Ministry of Transport and Communications is building the Qatar Freight Master Plan, which is expected to be finalized by the end of 2022.
  • The QFMP aims to establish a modern infrastructure for freight industry across the country.
  • The aim is to reduce freight traffic on road congestions. It is also preparing a freight route designing guidebook and setting systems and policies relating to freight, its modes and workhours on well-considered routes.

For more insights on the market intelligence, refer to the link below:-

Qatar Cold Chain Market

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Tuesday, March 21, 2017

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 Logistics Market
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:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249