Kuwait E-Commerce Logistics Market is Expected to Reach over USD 400 Million by the year ending 2022: Ken Research

Key Potential Trends
• Express services are likely to become more significant in near future as Kuwait economy is increasingly becoming integrated due to rapid expansion in international trade services.
• Kuwait express logistics industry is anticipated to grow due to rising online orders with the increase in demand of online shoppers and imported electronic goods in the country.

Surge in Demand for Time Bound Deliveries: Increasing demand of time bound deliveries coupled with quality service is expected to drive the express delivery market in the coming years. The express delivery companies have build a door to door linkage across domestic and international markets and have developed advanced shipment tracking facilities to cater time-sensitive needs of the Kuwait logistics sector. Moreover, it is anticipated that the need for time bound deliveries will boost with economic growth and development of trade and commerce thus creating growth opportunities for the express industry in Kuwait.

Additionally, the growth of B2C segment has inclined the need for quick delivery of goods to the customers and door to door deliveries. Some of the key players such as DHL, Fed Ex, Aramex, and UPS are anticipated to dominate the express delivery market in future.

Increasing Internet Penetration: In the forecast period, Kuwait E-commerce logistics market is anticipated to drive the demand due to high in internet penetration in the country, especially its exposure to the youth. Additionally, internet has made companies to alter their strategies to cater to the younger generation. Introduction of new web technologies and surging E-commerce sector, last mile logistics has gained popularity in Kuwait. In Kuwait, E-Commerce companies have shifted their focus majorly towards timely, reliable and a safe delivery of products, thereby making it an integral part of their system for serving more number of customers.

Analysts at Ken Research in their latest publication “Kuwait Express Delivery and E-Commerce Logistics Market Outlook to 2022 – By Air Express and Road Express, By International Express and Domestic Express, By Business Mode (B2B, B2C and C2C), By E-Commerce Merchants and 3PL Companies, By Same Day delivery Beyond Five Hours, Delivery Within Five Hours and Others” believe that E-Commerce tie ups, technological development, infrastructural expansion, improving service quality and introducing customer feedback system will positively aid the market.

Kuwait express logistics market is expected to register positive CAGR of around 15.4% whereas; Kuwait E-commerce logistics market is anticipated to register a massive CAGR of 21.1% during the period 2017-2022. The market is further expected to be driven by growing consumer preference for online shopping, upcoming infrastructure in the country & continuous investment by the government in development of logistics infrastructure and consistent economic growth.

For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/kuwait-express-delivery-ecommerce-logistics-market/168976-100.html

Key Segments Covered
• Mode of Transport
 Road Express
 Air Express
• Delivery Type
 International Express
 Domestic Express
• Business Mode
 B2B
 B2C
 C2C
• Channel
 E-Commerce Merchants
 3PL Companies
• Time Duration
 Same Day Delivery Within Five Hours
 Delivery Within Five Hours
 Others (Delivery Beyond 2 Days)
• Payment Method
 Cash On Delivery
 Others

Key Target Audience
• 3PL Companies
• Express Companies
• Road Express Companies
• Air Express Companies
• Retail Companies
• Meat and Sea Food Companies
• Pharmaceutical Companies
• E-Commerce Companies

Time Period Captured in the Report:
• Historical Period -2012-2017
• Forecast Period - 2018-2022E

Companies Covered:
• DHL Express
• ARAMEX Kuwait
• FedEx Express
• UPS Express
• SKYCOM Express
• OCS ANA GROUP
• Jeezan Cargo
• Frontline Express

Related Reports:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-logistics-market/144734-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/poland-logistics-market/149100-100.html

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

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This release was published on openPR.