Qatar Logistics and Warehousing Market Sector Achieves Remarkable Growth Milestones, Fueled by Strategic Investments and Geostrategic Advantage

According to facts published by Makreo Research, Qatar logistics and Warehousing market witnessed a growth rate of 7% in 2022 crossing USD 20 billion mark, owing to the country's strategic geographic location, which qualifies it to act as a logistic hub connecting in GCC region. Whereas the country's booming FMCG, retail, food, and eCommerce industries have contributed to the amazing growth of the goods forwarding industry, which has greatly boosted the Qatar's logistics market.

Additionally, the Qatari government has been upgrading the country's transportation infrastructure in accordance with Qatar Vision 2030 to become leading manufacturing hub among GCC region.
Express delivery is shaping up in Qatar however still dominance lies with Normal delivery. It is predicted that with the expansion of E-commerce and service sector in the country express delivery will continue to expand while Normal delivery will experience contraction in demand.

► Road Network and Trucking in Qatar
Qatar boasts an extensive road network, encompassing a staggering 7,733 kilometers of public roadways. This network features 100 grade-separated interchanges, 300 signalized intersections, and 500 roundabouts, enhancing the country's connectivity. Within this framework, 132km of truck routes, namely the Orbital Expressways C2, C3, and C4, have been strategically established. These routes accommodate truck lanes and serve to link key areas such as Doha to Abu Samra, Mesaieed, and Al Khor.

Trucks play a vital role in Qatar's transportation landscape, constituting approximately 8% of the registered vehicles. Daily, there are around 288,000 truck trips traversing the network, with 166,000 Light Goods Vehicle (LGV) trips recorded. Interestingly, 83% of these truck movements originate within the central Doha zones. However, it's noteworthy that 60% of road traffic accidents in Qatar occur at night. Alarmingly, in 70% of these accidents involving Heavy Goods Vehicles (HGVs), the drivers of such vehicles were found to be at fault.

► Air Transport and Qatar Airways Cargo
In the realm of air transport, Qatar Airways Cargo has solidified its status as a global air cargo leader throughout the 2021-2022 Financial Year. The carrier's strategic emphasis on growth, sustainability, and digitalization has enabled it to navigate prevailing market challenges while bolstering global trade continuity. With a remarkable presence, Qatar Airways Cargo serves more than 65 dedicated freighter destinations and over 140 belly-hold passenger destinations worldwide. This carrier's resilience is evident in its operation of a peak of 155 flights per day in June 2021, sustaining its strong performance from the preceding year.

► Maritime Sector and Goods Traffic in Qatar
Anticipating robust growth, Qatar's maritime sector is set to witness yet another prosperous year. This growth is attributed to the concerted efforts of the authorities to enhance goods traffic at ports. As supply chains are expected to improve in the coming period, the maritime sector's pivotal role in Qatar's transportation ecosystem is poised to be further emphasized.

In summary, Qatar's transportation infrastructure encompasses a dynamic road network, a thriving air cargo sector led by Qatar Airways Cargo, and a burgeoning maritime sector. This multifaceted landscape is a testament to Qatar's commitment to bolstering its transportation capabilities and contributing to global trade sustainability.

► Diverse Achievements on Qatar's Geostrategic Canvas
Qatar, a pivotal nation bridging the realms of East and West, has emerged as a hub of exceptional accomplishments. Hosting the world's premier international air cargo carrier, Qatar Airways Cargo, and renowned entities like 'World's Best Airline' Qatar Airways, the 'Best Airport in the World' Hamad International Airport, and the region's 5th largest port, Hamad Port, the country enjoys a unique geostrategic position. This crossroads status embraces Africa, Asia, and Europe, fostering unparalleled connectivity. Despite contributing 4% to the GDP, logistics and transport are burgeoning sectors, growing at an impressive annual rate of 9%. Notably, Qatar's prowess as a prominent LNG supplier has significantly influenced the logistics landscape.

► Qatar's Thriving Third-Party Logistics (3PL) Industry
Recent years have witnessed a robust ascent in Qatar's Third-Party Logistics industry, buoyed by multifaceted drivers. The nation's strategic location, infrastructure amplification, and economic diversification endeavors have jointly contributed to this growth. The government's substantial investments in critical infrastructure ventures, exemplified by Hamad Port and the expansive Hamad International Airport, stand as tangible testaments to Qatar's commitment to elevating its logistics capabilities.

► Warehousing: A Cornerstone of Qatar's Logistics
At the heart of Qatar's logistics sector lies its warehouse market, a pivotal player in the industry's dynamics. Positioned strategically as a practical docking point for global supply routes, Qatar's advantageous location on the western coast of the Persian Gulf facilitates seamless connections to export and import markets worldwide. An array of industries, including oil exports, retail, food and beverage, and e-commerce, propel the demand for warehouse services. Among the array of service segments, the warehousing and Value-Added Services (VAS) segment commands the lion's share, underscoring the industry's commitment to delivering storage and enhanced offerings to enterprises.

► Cold Storage Dominance in Qatar's Logistics
Within this landscape, the cold storage market emerges as a commanding force, asserting its dominance in the cold chain business. Remarkably, the majority of cold storage warehouses are nestled within free zones, emblematic of Qatar's strategic planning and facilitation for this critical industry.
In summation, Qatar's multifaceted achievements and strategic investments have propelled its logistics and transport sectors to unparalleled heights. The symbiotic relationship between a strategic geostrategic position and focused investments substantiates the nation's trajectory towards becoming a global logistics leader.

► Economic activities are boosted by four big warehouse Parks
■ The four new warehouse parks in Qatar are critical to boosting business activity in the country. Three storage parks are located in the north side of Qatar in the localities of Bu Fesseela and Umm Shaharaine, while one is located in the south side of Qatar in Bu Sulba.
■ The warehouse parks have been assigned to four prominent Qatari operators: Al Asmakh Real Estate, Gulf Warehouse Company, Ali Bin Ali Group, and Barwa.
■ The total area of the development is close to 1.985 million square meters, and it includes a combination of dry, air-conditioned, refrigerated, and frozen warehouses, as well as retail shops, office space, and labor accommodations.
■ Al Asmakh Real Estate manages Bu Fesseela Warehousing Park, which is spread across 469,410 square meters of land. Dry warehouses have a built-up area (BUA) of 111,329 square meters; air-conditioned warehouses have a BUA of 32,067 square meters; chilled warehouses have a BUA of 31,618 square meters; and frozen warehouses have a BUA of 13,916 square meters.

► Scope of the Study
The study conducted by Makreo Research on the "Qatar Logistics and Warehousing Market Analysis and 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.

Request the Free Sample Report:
Qatar Logistics and Warehousing Market Analysis & Forecast (2018-2028)
https://www.makreo.com/report/qatar-logistics-and-warehousing-market-analysis-forecast-2018-2028-second-edition

►Companies 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

►Industry Segments Covered: 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

►Key Questions Answered
■ How Qatar economy has performed in the past and future expected growth outlook?
■ How Qatar logistics and warehousing industry has performed in the past and what is the present scenario?
■ What are the key challenges present in the industry?
■ How demand is shaping up for the Qatar logistics and warehousing service providers?
■ How the major sectors of Qatar performing, and what is the trade situation of the country?
■ What is the dominant mode of transportation in Qatar logistics industry?
■ What sectors are accounting for major contribution in the country's logistics demand?
■ Who are the key players in the market and what is their present state of performance?
■ How warehousing sector is performing in Qatar and what is the expected future growth outlook?
■ At what rate 3PL market is growing in Qatar?
■ How express logistics market is performing in Qatar and what is the growth scenario?
■ What is the present financial situation of the players and key mergers and acquisitions?

►Check Out The Full Report Summary Here:
Qatar Logistics and Warehousing Market Analysis & Forecast (2018-2028)
https://www.makreo.com/report/qatar-logistics-and-warehousing-market-analysis-forecast-2018-2028-second-edition

■ Related Reports:
Philippines Logistics and Warehousing Market and Forecast (2018-2028)
https://www.makreo.com/report/philippines-logistics-and-warehousing-market-and-forecast-2018-2028

■ Bahrain Logistics Market: Future Outlook to 2027
https://www.makreo.com/report/bahrain-logistics-market-future-outlook-to-2027

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This release was published on openPR.