Kuwait Warehousing Market – Increasing Logistics Volume,

Gurugram, India, July 18, 2022 (GLOBE NEWSWIRE) —

  • There are over 900,000 import/export containers in three ports in Kuwait with over 10 million import/export per ton.
  • The Kuwait Public Roads and Transport Authority (PART) is currently implementing 19 major road projects across the country for a total of $4.9 billion.
  • Digital transformation will be one of the most important pillars of the government’s work program to develop services and simplify procedures, as government agencies aim for greater automation of their services.

Kuwait Warehousing Market Overview
Infrastructure development: The Kuwaiti government has put in place an investment plan to expand and modernize the airport. It will include the construction of a new passenger terminal, a third runway and the expansion and renovation of the two existing runways, a second control tower, taxiways, various platforms and a new administrative building for the aeronautical authority, in addition to a program of projects for aviation navigation and communication facilities.

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Emergence of new technologies: Advanced sorting systems, drones, IoT and automated guided vehicles are some of the emerging technologies in Kuwait’s warehousing ecosystem. Advanced analytics, such as predictive analytics, are leveraged to improve predictions and drive smarter decision-making in the warehouse.

Focus on last mile deliveries: There is a growing need for last mile deliveries occupying a critical position. E-commerce sales and the demand for fast delivery continue to increase every year. Porter Express serves some of the renowned businesses in Kuwait and the surrounding region. Porter Express is looking forward to becoming a dominant last mile and fulfillment provider in Kuwait after becoming a profitable player in 2020.

Switch to sustainable storage: The warehousing industry in Kuwait is expected to witness a major shift in warehousing management techniques. Companies plan to use energy efficient equipment, reduce packaging and use biodegradable materials. For example, Kuwait-based logistics provider Agility has spent $18 million on green supply chain technologies through its venture capital arm Agility Ventures. The two companies that have benefited from this step are Hyliion and TVP Solar.

The report titled Kuwait Warehousing Market Outlook to 2026F – “Driven by Increasing Demand for Technologically Advanced Warehouses by Different End Users provides a comprehensive analysis of the state of the warehousing market in Kuwait. The report covers various aspects including an overview of transportation infrastructure, Kuwait industrial landscape, Warehousing market size and segmentation, trends and developments, issues and challenges, regulatory landscape, of value chain analysis, competitive scenario and emerging technologies in the industries. The report concludes with market projections for the future of the industry, including the expected size of the industry in terms of revenue and business activity.

Key Segments Covered:-
By captive and logistics companies

  • Logistics companies
  • Captive companies

By licensed and unlicensed warehouse

  • Approved warehouses
  • Unlicensed warehouses

By level

  • Class A
  • Class B and others

By business models

  • Built to fit the model
  • Long-term rental model
  • Rental models by 3PL

By type of warehouse

  • Dry and ambient
  • Cold room
  • Open courses
  • Agriculture and other warehouses

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By end users

  • Food and drinks
  • Retail business
  • Health care
  • Automotive and industrial equipment
  • Consumer eCommerce
  • Others

By consumer e-commerce

  • E-commerce delivery stations
  • Dark kitchens/shops
  • Others

By region

  • Mina Abdullah
  • Sulaibiya
  • Shuwaikh
  • Ardiya
  • Jahra
  • Others

Companies covered: –

  • Kuwait Agility
  • KGL Logistics Kuwait
  • DHL Kuwait
  • group of cities
  • Aramex
  • TransCrate Logistics

Key Target Audience:-

  • International National Freight Forwarders
  • Storage companies
  • Logistics companies
  • Logistics Consultants

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Time period entered in the report: –

  • Historical period – 2016-2021
  • Forecast period –2021-2026E

Main topics covered in the report

  • Summary
  • Logistics Warehouse Companies in Kuwait
  • Overview of the Country and Logistics Sector of Kuwait
  • Overview of the Industrial Market Landscape in Kuwait
  • Major Regulations for the Warehousing and Logistics Industry in Kuwait
  • Emerging Technologies in the Kuwait Warehousing Market
  • Key trends in the Kuwait warehousing market
  • Major challenges in the warehousing market in Kuwait
  • Competitive Landscape in Kuwait Warehousing Market
  • Strengths and Weaknesses of Key Warehousing Players in Kuwait
  • Detailed Analysis of the Kuwait Warehousing Market (Market Size, 2016-2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026F)
  • Competitive Landscape in Kuwait Warehousing Market
  • Analyst Recommendations
  • Agility Warehouse Space Kuwait
  • DHL Warehouse Space Kuwait
  • Transcrate Warehouse Space Kuwait
  • Aramex Warehouse Space Kuwait
  • KGL Logistics Kuwait
  • Sulaibya Storage Space
  • Mina Abdullah storage space
  • Shuwaikh Storage Space
  • Authorized warehouses Kuwait
  • Unlicensed warehouses Kuwait
  • Logistics and distribution centers Kuwait
  • Revenue from dry storage in Kuwait
  • Revenue from Ambient Storage in Kuwait

For more information on the research report, refer to the link below:-

Warehousing market in Kuwait

Related reports: –

Benchmarking of the competition of major logistics players in the UAE in the fields of transport, warehousing, 3PL, international express, domestic express, automotive, pharmaceutical, petroleum and retail gas and logistics

The industry is home to an extremely strong freight forwarding segment, boosted by the UAE’s position as a key facilitator for global re-exports. Moreover, given its heavy reliance on imports of consumer products and technology, the UAE has strong trade relations with countries in the Far East, European countries and the United States. Given its oil production capabilities, the country relies heavily on ocean freight as a mode of freight transportation, with this service being almost a common feature among freight forwarding companies in the country. The UAE also has a strong warehousing market segment, driven by players who rent out warehousing space for long durations. Warehousing operations near Jebel Ali Port and Dubai Airport are considered the most favorable to reduce transport costs from port to parent hub. The courier, express and parcel market is driven by the growth of last mile delivery and e-commerce segment in the country.

Turkey Logistics and Warehousing Market Outlook to 2025 – By Domestic and International Freight Transit Throughput, Revenue and Flow Corridor (Road and Pipeline Freight, Ocean, Air and Rail Freight), by Warehousing (industrial/retail, container freight/inland container depot and cold storage), by 3PL, express courier and parcel, domestic and cross-border e-commerce logistics

The Turkish logistics and warehousing market has shown steady growth over the period 2013 to 2018. The growth of automotive exports coupled with the rise of the e-commerce sector has been driving the Turkish logistics market. The country also has a robust manufacturing sector which contributes almost 25% of the country’s GDP and gives a boost to the logistics industry in Turkey. In addition to this, the government’s implementation of Vision 2023 and Logistics Master Plan 2023 also points to a positive outlook for the industry. The market grew due to high domestic consumption and government efforts to strengthen infrastructure. Investments in infrastructure and technology have had a positive impact on the Turkish logistics market.

Qatar Cold Chain Market Outlook to 2026 – Driven by logistical demand and infrastructure growth from the 2022 FIFA World Cup, as well as a tailwind of technological development, the cold chain market Qatar’s cold weather is growing

The cold chain market in Qatar is growing. It has established its position as an important import center for GCC countries (after the United Arab Emirates). Most of the goods are transported to GCC countries after reaching Qatar. The country’s heavy reliance on imports to meet its food needs has diminished in recent years and necessitated the development of cold chain facilities to store locally produced perishable goods. During the review period 2016-2021P, the Qatar cold chain market grew at a positive CAGR of 5.8%, primarily driven by substantial government investments in the freight industry and rising retail and consumer spending, particularly in meat and seafood, the dairy market, and the booming pharmaceutical industry.

Contact us:-
Ken Research
Ankur Gupta, Marketing and Communications Manager
[email protected]
+91-9015378249


        

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