Showing posts with label Trends Logistics Sector. Show all posts
Showing posts with label Trends Logistics Sector. Show all posts

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

Thursday, March 16, 2017

Developing Logistics Infrastructure and Rising Warehousing Rental Rate will drive the Qatar Logistics & Warehousing Market: Ken Research

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. In order to handle large volumes of cargo, the available areas in the ports have been converted to additional container storage areas. Such infrastructural developments at the ports are expected to enhance the customer transactions and also will speed up the process of distribution.
Additionally, the ports authority is investing heavily in the development of ports and other logistics areas. Ministry of Economy and Commerce’s Technical Committee announced the completion of preparing the lands allocated for the logistics areas project in the southern regions ahead of schedule, in preparation to be delivered to investors in collaboration with the Special Economic Zones Company. The logistics areas project (with an investment of USD 8.24 billion) is one of Qatari government’s largest projects and includes 1,583 pieces of land (on an area of 6,330,907 sqm). The project will have a positive impact on the market and on the prices of logistics and warehousing in the near future. The project also adds a strategic dimension as it is located close to Hamad Port, Mesaieed Industrial Port and the Orbital Highway, which will serve the specific investments in this project.


The logistics companies are expected to invest on advanced technology solutions such as autonomous logistics, real-time tracking, automation and robotics in order to provide an improved customer service. The growing international trade, incorporation of advanced technology based solutions will help in an efficient delivery of products by the logistics providers. New technology services such as real time tracking provide complete information about the shipment by offering real time data to the customers. Such advanced technologies also allow inventory management and in determining the amount of products available in a particular site to meet the customer needs. The application of autonomous logistics in warehousing is likely to eliminate human error and will enhance operational productivity. The growing e-commerce industry in the country is likely to create a demand of advanced technology services for efficient supply of products to the end customers.
It has been observed that several major companies have been leading towards warehousing and promoting the segment with higher focus as compared to freight forwarding. The freight forwarding segment provides a lower margins as compared to other segments owing to high competition with large number of firms operating in the segment. Moreover, companies would be looking forward to gain from deficient warehousing facilities by expanding in the segment.
According to Research Analyst, Ken Research, the companies should expand their resources by increasing their fleet and warehousing capacity. Moreover, the companies should focus on regularly updating their warehouse with modern technologies to provide better services to the clients. This has been observed that even though the warehousing facilities are cropping up, there is still a lack of proper facilities. The companies should expand their fleet size by introducing different types of vehicles such as trailers, tractors, bulkers and others for different specifications in their resources, especially for the smaller companies, the lack of trailers hurt their capacity to handle larger contracts.
The report titled “Qatar Logistics and Warehousing Market Outlook to 2021 - Expanding Trade Volume Supported by Infrastructure Spending to Support Growth” provides detailed overview on the Logistics & Warehousing market. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for freight forwarding companies, warehousing companies, 3PL companies and express logistics companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Topics Covered In The Report
  • Trends Logistics Sector Qatar.
  • Logistics Market Share Report,
  • Challenges Logistics Market,
  • Ocean Freight Forwarding Market Qatar
  • Middle East Logistics Industry
  • Logistics Infrastructure Development Qatar
  • Logistics Spend Qatar,
  • Doha Port Logistics Center,
  • Business Future Logistics,
  • Maritime Transport Qatar,
  • Logistics Sector Investment Qatar,
  • Warehousing Rental in Qatar
For more information about the publication, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/qatar-logistics-warehousing-market-report/87939-100.html
Related Reports:
Philippines Logistics Market Outlook to 2020 - Driven by Customized Logistics, E-commerce Activities and Changes in Freight Forwarding
Saudi Arabia Logistics & Warehousing Market Outlook to 2020 - Expanding Industrial and Retail Activities Supported by Infrastructure Spending to Support Growth
UAE Logistics Market Outlook to 2019 - Driven by Infrastructural Investment and Expanding Foreign Trade
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249