Unsurprisingly, the whole region of Qatar is one of the principal economies in the world reliant on the GDP per capita, ranking amongst the 5th and 7th on the globe ranking for the 2015 and 2016 data received by the World Bank, United Nations and IMF. Not only has this, the Qatar has also 3rd key establishment natural gas reserve in the globe and is the 2nd greatest exporter for natural gas.
Based on the Qatar Industry Market Reports, the cold chain market in Qatar is at the growth stage. It has well-known its position as an imperative import hub for the GCC countries (after UAE). Most of the goods are transported to GCC countries after reaching Qatar. The great dependence of the country on imports to encounter its food requirements has deducted over the past years and has necessitated the improvement of cold chain facilities to store domestically introduced perishable products. In the review duration of 2016-2021P, the Qatar cold chain market has augmented at a positive CAGR of 5.8% primarily owing to substantial government investments in the freight industry and increment in retail and consumer spending especially in meat and seafood, dairy market, and the augmenting the pharmaceuticals industry.
At Ken Research, the Qatar Industry Research Reports estimate that the Vehicle Finance Market in Qatar observed a slight decline during the period 2014-2018, due to decreasing new vehicle sales over the same duration. The market is in growth stage with the vehicle sales beginning to follow a normal growth trend after sustained exponential growth till 2014, followed by a speedy decline after that. Trends in the market were greatly stimulated by decline in oil prices after 2014 and blockade led by Saudi & a few other neighbouring gulf regions against Qatar. These trends led to decline of new vehicle sales across Qatar but spurred the growth of used vehicles, expressly in passenger cars segment in the country.
Report provides a Qatar Market Overview and Size on the Cold Chain Market in Qatar. The report covers various aspects entailing overview and market size, market segmentation, stakeholders, value chain analysis, major players, competitive insight, working and profitability model, end-user potential in the cold chain industry and several other influential aspects. The report concludes with market projections and analyst recommendations highlighting the foremost opportunities and cautions for the cold chain market players.
In addition, the Qatar Market Research Reports covers the competitive insight, government guidelines, customer preferences, and value chain analysis. The Qatar catering services has grown throughout 2011-2017 at a single digit CAGR. This growth was majorly propelled by the industrial and event catering sector which are the greatest end users of catering services underwriting almost one-fourth of the complete revenue share in 2017. The government of Qatar has initiated key infrastructure reforms under Qatar National Vision 2030 in several sectors of the economy such as transport network, education, healthcare, hotels and several others which further generated opportunities for catering services market as the number of labor camps augmented.
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Qatar Industry Research Reports
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