Kuwait Warehousing Market Outlook to 2022
By Business Model (Industrial Freight/ Retail, Container Freight, Cold Storage, Agricultural Warehousing) by End Users (Food and Beverages, Chemicals, Electronics, Pharmaceuticals, E-Commerce, Consumer Durables and Others)
Region:Middle East
Product Code:KR666
July 2018
52
About the Report
The report includes future outlook and projections of Kuwait warehousing market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report. The report also provides analyst recommendations highlighting the major opportunities and cautions for Kuwait warehousing market.
Warehousing Market Size
Kuwait warehousing market in terms of revenue and capacity grew at a positive CAGR during the period 2012-2017. The warehousing market in Kuwait witnessed decline in the growth rate in 2015 due to closing down of the free trade zones (FTZs). FTZ’s allowed import duty free goods and tax free income of foreign corporate which attracted majority of the warehouses to establish in that region. However, with the closing down of FTZs, decline in imports and exports activity has been observed during the respective year. Warehousing market has inclined over the years with the increase in the demand for fresh fruits and vegetables and frozen food. The surge in FMCG sector has also impacted the market in a positive manner.
Kuwait Warehousing Market Segmentation
By Business Model: Industrial freight/retail dominated warehousing market in 2017 in Kuwait due to rise in the industrial and retail sectors in the country. The retail sector has grown at a positive double digit CAGR in the last five years. Container freight followed the industrial/ retail freight as the use of containers in export shipments makes the transport and goods handling easier and faster. Cold storage warehousing has inclined over the years with the rising requirement of temperature controlled products majorly (pharmaceuticals, sea food and frozen foods). Agriculture and others attributed least share in warehousing.
By End User: Food and Beverage industry dominated the end user segment in Kuwait warehousing industry. The domestic production capacity of the country is not enough to cater to the growing demand for fruits and vegetables in the country as the country has a very small portion as arable land out of the total area. The soil in Kuwait is low in nutrient and organic content and has poor moisture retaining capabilities. Hence, the production is low. The rising demand for fresh fruits and vegetables in the country has led to high requirement of warehousing market. There has been an increase in demand for warehousing by Electronics and Chemical industry with the growth of online retail market in the country. Majority of the demand has been driven due to international companies operating in the country with asset light model.
Comparative Landscape in Kuwait Warehousing Market
The warehousing companies in Kuwait observed to compete with each other on the basis of the size and location of the warehouse. The location of the warehouse has to be appropriate to the needs of the customer which reduces extra cost of transportation and increases time efficiency. Other important factors which influence the choice of warehouse are technologies/automation used in the warehouses; value added services, GDP-certified temperature and humidity-controlled environment and others.
Kuwait Warehousing Market Future Outlook and Projections
Kuwait warehousing market is expected to positively incline in future due to rise in trade and demand from e-commerce sector. The increase in the demand for fresh fruits and vegetables will positively incline the warehousing market. Kuwait government has planned to invest across strategic sectors under Kuwait Development Plan (KDP) 2015-2020. The companies will focus towards technologies such as RFID, automatic retrieval system, robotics, drones and others in future.
Key Topics Covered in the Report:
- Kuwait Warehousing Market Time line and Overview
- Value Chain Analysis for Kuwait Warehousing Market
- Kuwait Warehousing Market Size
- Kuwait Warehousing Cross Comparison of Commercial Storage
- Kuwait Warehousing Market Segmentation by Business Model
- Kuwait Warehousing Market Segmentation by End Users
- Competitive Scenario of Kuwait Warehousing Market
- Pricing Analysis for Kuwait Express Logistics Market
- Directory of Major Warehousing Players
- Company Profiles of Major Warehousing Players
- Challenges in Kuwait Warehousing Market
- Kuwait Warehousing Market Trends and Developments
- Government Role and Regulations in Warehousing Market in Kuwait
- Government Regulations to Set up a Warehouse in Kuwait
- Future Outlook and Projections of Kuwait Warehousing Market
- Analyst Recommendation for Kuwait Warehousing Market
Products
Warehousing Demand, Warehousing Capacity Space, Industrial Freight, Container Freight, Cold Storage
Companies
Agility Kuwait, KGL Logistics Kuwait, Dolphin Shipping and Logistics, DHL Kuwait
Table of Contents
1. Kuwait Warehousing Market Executive Summary
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Consolidated Research Approach
2.4. Variables (Dependent and Independent)
2.5. Correlation Matrix
2.6. Regression Matrix
Limitations
Conclusion
3. Kuwait Warehousing Market Timeline and Overview
4. Value Chain Analysis for Kuwait Warehousing Market
5. Classification of Major Closed Private Warehousing Hubs in Kuwait
6. Market Size
6.1 Kuwait Warehousing Market Size, 2012-2017
6.2 Cross Comparison of Commercial Storage in Kuwait Warehousing Market, 2017
6.3 Kuwait Warehousing Market Segmentation by Business Model, 2017
6.4 Kuwait Warehousing Market Segmentation by End Users, 2017
7. Competitive Scenario of Kuwait Warehousing Market
7.1. Directory of Major Players
Profiles of Major Warehousing Companies
7.2. Agility Kuwait
7.3. KGL Logistics Kuwait
7.4. Dolphin Shipping and Logistics
7.5. DHL Kuwait
8. Challenges for Kuwait Warehousing Market
9. Trends & Developments in Kuwait Warehousing Market
10. Government Role in Kuwait Warehousing Market – Customs Clearance Process
10.1. Government Role in Kuwait Warehousing Market - Starting a Business in Kuwait – Procedure
10.2. Government Role in Kuwait Warehousing Market - Construction Permits in Kuwait – Procedure, Time and Cost
10.3. Government Regulations for Food Items
11. Kuwait Warehousing Market – Future Outlook and Projections, 2017-2022
11.1. Kuwait Warehousing Market - Future Segmentation by Business Model, 2022
11.2 Kuwait Warehousing Market - Future Segmentation by End Users, 2022
12. Kuwait Warehousing Market – Analyst Recommendations
Disclaimer
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