Driving Qatar's Logistics & Warehousing Industry Towards Sustainable Growth: Insights & Opportunities - Makreo Research Report 2023-2028

The logistics and warehousing market in Qatar has been witnessing steady growth in recent years, driven by increasing trade activities, rapid industrialization, and government initiatives to bolster infrastructure. This comprehensive market report provides valuable insights into the key trends, drivers, challenges, and opportunities shaping the logistics and warehousing industry in Qatar.

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► Market Overview:
The market for logistics and warehousing in Qatar has seen tremendous development, and it is anticipated that it will continue to grow at a healthy pace of 5.1% throughout the course of the projection period of 2023-2028. Qatar's advantageous geographic position, thriving economy, and dedication to becoming a regional logistics hub are all credited with the market's expansion.
Several factors contributed to the performance of the logistics industry in Qatar:

■ Technology Advancement: The usage of technology has advanced in Qatar's logistics industry, with digital solutions, automation, and data analytics being used to boost operational effectiveness and supply chain visibility. Additionally, with initiatives to lower carbon emissions and encourage eco-friendly practices in the logistics sector, sustainability and environmental issues are becoming more and more important.
■ Infrastructure Development: The Qatari government invested significantly in infrastructure development to enhance logistics capabilities. Projects like Hamad Port and Hamad International Airport played a crucial role in improving cargo handling and transportation efficiency.
■ Economic Diversification: Qatar has been working to diversify its economy away from reliance on oil and gas. The logistics sector has been a focal point for economic diversification, attracting investments and stimulating growth in various related industries.
■ Government Initiatives: Qatar's government introduced initiatives like Qatar National Vision 2030 and the Logistics Strategy 2022 to further support and develop the logistics sector.

► Key Findings
■ Investment in Sustainable Aviation: With a persistent focus on the environment and sustainability, Qatar has worked with the One World Alliance to produce an outline plan for attaining net zero emissions by 2050. The country has also committed to a shared goal of utilizing sustainable aviation fuel (SAF) for 10% of total fuel volumes by 2050.The IATA COZNNECT platform's new voluntary carbon offsetting program for air cargo shipments has welcomed Qatar as its first new cargo carrier member.

■ Economic growth: One of the key drivers of the industry in Qatar is the country's rapidly expanding economy. Qatar's GDP is expected to grow by 4% in 2023, driven by strong performance in the non-hydrocarbon sector. And also, with the infrastructural development, there is a strong FDI inflow. It is expected to benefit from this growth, as increased economic activity drives demand for logistics services.

■ Welcoming Business Environment: Qatar's social and economic advancements have drawn the attention of international investors, positioning the nation as a desirable investment location. Qatar will soon be a major player on the international stage thanks to the eagerly anticipated premier football competition, the recently announced North Field South (NFS) expansion, and the strategic national goal of diversifying the economy away from hydrocarbons, which will have a significant positive impact on the logistics and warehouse sector.

■ Challenges: The logistics and warehousing industry in Qatar confronts a number of difficulties despite the sector's promising development possibilities. For example, Qatar's high logistics costs make it difficult for companies to compete on the worldwide market. A number of businesses have been severely impacted by the unstable energy supply and increased commodity prices brought on by the conflict in Ukraine.

The study conducted by Makreo Research on the "Qatar Logistics and Warehousing Market Analysis Forecast (2018-2028): Segmentation by Type of Services, by Freight Forwarding Market, and by Mode of Transportation" provides a comprehensive analysis of the market, encompassing a wide range of factors. The report takes into account both qualitative and quantitative factors, indicating a well-rounded approach to analysis. The inclusion of both qualitative and quantitative factors in the study ensures that readers gain a more complete understanding of the Qatar Logistics & Freight Forwarding Market. It goes beyond mere numbers and incorporates insights into consumer behavior, industry trends, and market dynamics. This holistic approach enhances the overall analysis and makes the study a valuable resource for individuals or organizations interested in exploring the logistics, warehousing, 3PL, cold chain, and express logistics markets in Qatar. Moreover, the report's focus on past and present performance, as well as potential growth opportunities in the future, enables readers to identify key areas of interest and investment.

► Period of Study
■ 2018-2022 : Past and Present Scenario
■ 2022: Base Year
■ 2023-2028 : Future Outlook of the industry

► Market Assessment
The report examines opportunity for the Qatar Logistics and Warehousing market on various grounds including
■ Logistics and Warehousing Market revenue and performance,
■ 3PL Market revenue and performance
■ Warehousing Market revenue and performance
■ Cold Chain Market revenue and performance
■ eCommerce logistics performance

► Countries Assessed: Qatar

► Competitive landscape
■ Competitive Landscape
■ Jurisdiction
■ Mergers/Acquisition/Investment
■ Company Profiles

► Company's Covered
■ DHL Group
■ FedEx Corporation
■ DB Schenkar
■ A.P Moller Maersk A/S
■ Mediterranean Shipping Company
■ Aramex
■ Bin Yousef Cargo
■ Aero Freight & Logistics WLL
■ Gulf Agency Co. Ltd
■ Gulf Warehousing Company
■ Milaha Maritime & Logistics Integrated WLL
■ Qatar Post
■ Target Logistic Service
■ Almas Movers International
■ Ali Bin Ali Logistics

For more information on the research report, refer to the below link:
https://www.makreo.com/report/qatar-logistics-and-warehousing-market-analysis-forecast-2018-2028-second-edition

Similar Related Reports:
https://www.makreo.com/report/qatar-warehousing-and-cold-chain-market-analysis-and-forecast-2018-2028

https://www.makreo.com/report/qatar-logistics-and-warehousing-market-competitive-landscape-second-edition

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This release was published on openPR.