Rising penetration of international and domestic players coupled with the increasing internet penetration in the country has led to expansion of the e-commerce industry which has positively affected the growth of logistics and warehousing market
E-Commerce Operations: In Kuwait, surge in e-commerce operations, introduction of new web technologies and last mile logistics has gained popularity in the country. It has led several e-commerce companies to think, strategist and invest on their logistics operations in order to surpass their competition. In Kuwait, majority of the e-commerce firms have shifted their focus towards timely, reliable and a safe delivery of products, thereby making it an integral part of their system for acquiring more number of customers.
Furthermore, it has been observed that E-commerce companies as well as the domestic express delivery companies have been offering these services as in Kuwait customers are increasingly demanding for faster deliveries of goods and are willing to pay extra price for express deliveries such as delivery within five hours.
Rising Import and Export Activity: Kuwait has witnessed surge in imports and exports activity majorly due to increase in demand of food and beverage industry, chemical, electronics, pharmaceuticals and other industries. Since Kuwait is highly dependent on imports for frozen food, dairy products, consumer staples, pharmaceuticals and polymers, there is an increase in the need of warehouse space among end users. The companies owning warehouses have also attributed to the growth of the industry such as DHL with 1 warehouse, Dolphin with 2 warehouses and UAGSCO with 4 warehouses in Kuwait.
Major Players Operating in the Market: Major Players such as DHL, FedEx, UPS and others have dominated the international express delivery market during the year 2017. Along with offering international shipments, these companies also provide services such as custom clearance, cargo consolidation and preparation of export documentation. The rising export of commodities such as semi-conductors, apparels, mineral ores, nickel ores, petroleum products and iron ores has significantly driven the logistics and warehousing market in Kuwait.
The report titled “Kuwait Logistics and Warehousing Market Outlook to 2022 – By Freight Forwarding/ Transportation, Warehousing and Value Added Services, E-commerce Logistics, Express Delivery, Third Party Logistics” by Ken Research suggested a growth at a noteworthy six year CAGR of 9.0% in terms of revenue in the Kuwait logistics and warehousing market in the upcoming years till the year ending 2022.
Key Segments Covered
By Logistics Service Mix
Freight Forwarding
Warehousing
Value Added Services
Freight Forwarding Market:
By Freight Movement
Sea
Air
Road
By Mode of Freight:
International Freight
Domestic Freight
By Type of Delivery
Normal Delivery
Express Delivery
By Flow Corridors
Asia
Europe
North America
GCC and Others
By Companies
International Companies
Domestic Companies
By End Users
Oil and Gas
FMCG
Construction
Others
Warehousing Market:
By Business Model:
Industrial / Retail Freight
Container Freight
Cold Storage
Agricultural Warehousing
By End Use
Food and Beverages
Electronics
Chemicals
Pharmaceuticals
E-commerce
Consumer Durables and others
Express and E-commerce Market:
Express Logistics Mode of Transport
Road Express
Air Express
Express Logistics Delivery Type
International Express
Domestic Express
Express Logistics Business Mode
B2B
B2C
C2C
E-Commerce Logistics Channel
E-Commerce Merchants
3PL Companies
E-Commerce Logistics Time Duration
Same Day Delivery within Five Hours
Delivery within Five Hours
Others (Delivery beyond 2 Days)
E-Commerce Logistics Payment Method
Cash On Delivery
Others
Key Target Audience
Shipping Companies
Freight Forwarders
Logistics Association
Warehousing Companies
Express and E-Commerce Logistics Companies
Consulting service providers
Private Equity/ VCs/ Investment Banking Companies
Time Period Captured in the Report:
Historical Period – 2012-2017
Forecast Period – 2018-2022E
Companies Covered (Freight Forwarding):
Agility Kuwait
KGL Logistics
CEVA Logistics
GAC Logistics
Hellman Kuwait
UAGSCO Shipping and Logistics
DHL Logistics
ARAMEX Kuwait
Dolphin Logistics
Leaders International Shipping
Enkay Express
Others (Crown Logistics, Kuwait Logistics and Freight, Mubarrad Transport, Dosmic International, Global Logistics and Alghanim Group of Shipping and Transport)
Companies Covered (Warehousing):
Agility Kuwait
KGL Logistics
Dolphin Logistics
DHL Logistics
Companies Covered (Express and E-Commerce)
DHL Express
ARAMEX Kuwait
FedEx Express
UPS Express
SKYCOM Express
OCS ANA GROUP
Jeezan Cargo
Frontline Express
Key Topics Covered in the Report
Value Added Services Kuwait
Sea Transport Kuwait
Warehousing Type Kuwait
Logistics Services in Kuwait
E-Commerce Logistics Growth Drivers
Challenges Kuwait Logistics
Logistics Companies Kuwait
Kuwait E-commerce operations
Transport Infrastructure Kuwait
Warehousing Services in Kuwait
Airport Operations Kuwait Market
Freight Forwarders Kuwait Logistics
For more information on the research report, refer to below link:
Related Reports
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
