Kuwait Logistics and Warehousing Market is Driven by Increasing Dependency on Imports for Food Items Coupled with Growing Exports of Crude Oil: Ken Research

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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.

Kuwait Logistics and Warehousing Market Cover Page

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:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/kuwait-logistics-warehousing-market/142296-100.html

Related Reports

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https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/thailand-express-delivery-ecommerce-logistics-market-forecast-2022/154989-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/poland-express-delivery-ecommerce-logistics-market/149479-100.html

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

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