Press release
Iraq E-Commerce Logistics and Warehousing Market
Iraq E-Commerce Logistics Market Overview and Size
Iraq is a developing country in terms of internet penetration of 75% in 2021. Iraq's internet infrastructure, youthful, tech-savvy population and rising mobile/broadband penetration rates all point to strong potential for the country's e-commerce market. Iraq E-commerce shipments market has been observed in its early growth stages of development, thus growing year on year majorly due to improving fulfillment rate and high demand for faster delivery, coupled with increase in the number of online orders. Expansion in internet services (~67.3% smart phone penetration in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in Iraq. Updated Technology such as Live Tracking, Automation, WhatsApp Bots, AI Systems, IoT, and Telematics are used by e-com logistics players.
Iraq E-Commerce Logistics Market Segmentations
By Sourcing: Baghdad generated the highest e-commerce orders followed by Mosul and Erbil. E-commerce hubs are concentrated in Baghdad, Mosul, Erbil and Basra owning to large and digitally literate consumer base with decent purchasing power along with highest urban population.
By Volumetric Weight: 1-3 KG Shipments accounted for the highest number of orders in Iraq E-Commerce Logistics Market followed by 3-6 Kg and 0-1 Kg respectively in 2021. Consumers usually purchase low weight products such as Fashion/ Apparels, Groceries, Mobile Phones and Accessories, Footwear owing to the fact that profitable items often have a high value-to-weight ratio.
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By Delivery Period: Majority of the E-Commerce Shipments takes one day to get delivered in Iraq, majorly in cities like Baghdad, Erbil, Basra and Mosul. Customers are willing to pay extra price for sooner deliveries. Growing expectations of consumers towards fast shipping from e-retailers along with delivery of products in case for a special event, such as during festivals will lead to rise of same-day delivery option in Iraq.
By Payment: Across Iraq, COD are the most preferred payment method due to low financial inclusion. E-payment gateways, e-wallets and contactless payment are becoming more widespread, with the Iraqi Government introducing initiatives for financial inclusion of the Iraqi population.
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Iraq Warehousing Industry Overview
The warehousing industry is in the growing stage due to emergence of the country as a major oil and gas hub. Warehousing companies in Iraq compete on the basis on Size, Location, Cost, Technology, Clientele, Additional Value-Added Services (Packaging, Sorting, Labeling, etc.)
Iraq Warehousing Market Segmentations
By Region: The Iraq Warehousing industry is majorly concentrated in Baghdad, followed by Erbil and Basrah respectively. Erbil and Basrah poses as a major warehousing hub due to the presence of oil fields in the region.
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By End User: The majority of warehousing space in Iraq is occupied by oil and gas industry followed by FMCG, Electronics, and Construction material, E-commerce and retail industry respectively.
Competitive Landscape of Iraq E-Commerce Logistics Market:
The e-commerce logistics space in Iraq is in Growth Stage and is highly fragmented with the presence of ~100+ organised Express Logistic companies and 1000+ unorganised Dabbawallas delivering the E-Commerce Shipments across the country. Top 3 players namely Aramex, Sandoog, Mateen Logistics contribute majorly to the organised market share. Companies are battling against each other to acquire and retain clients, expand geographical presence, expand service offering and improve unit economics to increase margins. Fleet size, number of orders, clientele, and number of delivery centers, price, and delivery time are the key competing parameters for the e-commerce logistics providers.
Iraq E-Commerce Logistics Market Future Outlook and Projections
Over the forecast period, Iraq E-commerce logistics market is expected to drive up the demand because of expected surge in internet penetration, especially its exposure to the youth. Due to the COVID-19 outbreak, there has been a shift from offline sales to online sales, which is expected to ensure substantial growth in the future as well. The e-commerce logistics market in the country is expected to grow on the back of new technologies such as Automation, Blockchain, and the Internet of Things, which will be explored to increase efficiency, improve customer experience and enhance service quality.
Key Segments Covered
By Delivery
Same day
Next day
More than 2 days
By Product Category
Fashion
Electronics
Toys, Hobby & DIY
Media
Beauty and personal care
Furniture
Beverages
Food
By Volumetric Weight
0-1 Kg
1-3 Kg
3-6 Kg
Greater than 6 kgs
By Location
Baghdad
Erbil
Mosul
Basra
By Payment
Cash
Others (Debit card, Credit cards, e-wallets)
By Souring
Domestic
International
By Gender
Male
Female
By Age group
15-35 years
35-55 years
55 and above
E-Commerce Logistics Companies Covered
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Aramex
Sandoog
Mateen Logistics
Iraq Post
DHL
Key Target Audience
3PL Logistics Companies
Integrated Logistics Companies
E-Commerce Marketplace Platform
Retail Companies
Logistics/Supply Chain Industry Associations
Time Period Captured in the Report:-
Historical Period - 2016-2021
Forecast Period - 2021-2026
Key Topics Covered in the Report
Iraq E-Commerce Market Overview
Cross Comparison- Major E-Commerce Players in Iraq
Iraq E-Commerce Logistics Market Overview
Iraq E-Commerce Logistics Market Size
Iraq E-Commerce Logistics Market Segmentation 2021
Iraq E-Commerce Shipments Pricing Analysis
Iraq E-Commerce Logistics Market Growth Drivers
Iraq E-Commerce Logistics Market Trends & Developments
Iraq E-Commerce Logistics Market Government Role and Initiatives
Iraq E-Commerce Logistics Market Logistics Constraints
Iraq E-Commerce Logistics Market SWOT Analysis
Competitive Landscape of Iraq E-Commerce Logistics Market
Iraq E-Commerce Logistics Market Cross Comparison
Iraq E-Commerce Logistics Market Pricing Analysis
Future Market Size and Segmentations, 2021-2026F
Covid-19 Impact on Iraq E-Commerce Logistics Market
Analyst Recommendations
Case Studies
For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/iraq-e-commerce-logistics-and-warehousing-market-outlook-to-2026/561416-100.html
Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-e-commerce-logistics-market-outlook-to-2025/466156-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-e-commerce-logistics-market-outlook-to-2025/420223-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/india-e-commerce-logistics-market-outlook-to-2025/419526-100.html
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