Iraq E-commerce Logistics and Warehouse Market has witnessed a Strong Growth Trajectory Backed by Competitive Technological Advancements: Ken Research
Tech Savvy Consumers: Expansion in internet services and smart phone penetration (67.3% in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in Iraq. More than 30.5 Mn Iraqi have access the internet and about 59% of 18-24-year-old internet users spend more than 5 hours online compared to 39% of 35-45 year old internet users.
Existing Strong Retail & Business Setup: Businesses in the Iraq are supported by a host of efficient and modern infrastructural and technical implementations that facilitate trade, transactions and deliveries. The advanced logistics, connectivity and trading establishments are the foundations upon which the modern technology driven enterprises have found their incredible growth.
Emergence of New E-Commerce Players: In 2019, the country saw the launch of the biggest ecommerce brand like Tamata and Orisdi. In addition to these, a slew of other FDIs and startups in the ecommerce launched in Iraq such as include Arbela, Opensooq, Pelemall, Misawag, several others.
Covid-19 Causing Surge in Sales: With increased customer use of various online channels, vertical and horizontal e-commerce platforms across certain categories – pharmacies, groceries, essentials, and many more – have witnessed a significant surge in sales post the outbreak of pandemic. The e-commerce sales gross market value increased, which can be partially attributed to the increase in number of orders due to the COVID-19 lockdown.
Evolution of Payment Methods: Offering a wide variety of ways to pay is moving the customers from COD to other payment methods, thus increasing the conversion rates for e-commerce platforms on mobile devices. Customers are able to save their payment information on the platform, providing faster checkouts which is resulting in the high customer retention rates.
The report titled “Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F- Driven by Growth in Online Shopping Platforms along with Introduction of New Technological Advancement” provides a comprehensive analysis of the potential of e-commerce and e-commerce logistics market in Iraq. The report covers various aspects including the growth of E-Commerce industry, revenue generated from E-Commerce logistics players, its segmentations viz By source, By Product category, By Volumetric Weight, By Delivery Period (Same Day delivery, Next day Delivery, More than 2 days), By Payment (Cash, E-wallet, Debit Card, Credit Card, QR Pay, Bank Transfer), By Volumetric Weight (0-1 Kg, 1-3 Kg, 3-6 Kg more than 6 Kgs), major trends and development, issues and challenges, technological advancements and competition analysis. The reports also covers the warehousing industry in Iraq and its segmentation basis end user (Oil and gas, FMCG, Electronics, Construction material, E-commerce and retail and other) and by region (Baghdad, Basra, Erbil). The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.
Key Segments Covered
- By Delivery
- Same day
- Next day
- More than 2 days
- By Product Category
- Fashion
- Electronics
- Toys, Hobby & DIY
- Media
- Beauty and personal care
- Furniture
- Beverages
- Food
- By Volumetric Weight
- 0-1 Kg
- 1-3 Kg
- 3-6 Kg
- Greater than 6 kgs
- By Location
- Baghdad
- Erbil
- Mosul
- Basra
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- By Payment
- Cash
- Others (Debit card, Credit cards, e-wallets)
- By Souring
- Domestic
- International
- By Gender
- Male
- Female
- By Age group
- 15-35 years
- 35-55 years
- 55 and above
E-Commerce Logistics Companies Covered
- Aramex
- Sandoog
- Mateen Logistics
- Iraq Post
- DHL
Key Target Audience
- 3PL Logistics Companies
- Integrated Logistics Companies
- E-Commerce Marketplace Platform
- Retail Companies
- Logistics/Supply Chain Industry Associations
Time Period Captured in the Report:-
- Historical Period – 2016-2021
- Forecast Period – 2021-2026
Key Topics Covered in the Report
- Iraq E-Commerce Market Overview
- Cross Comparison- Major E-Commerce Players in Iraq
- Iraq E-Commerce Logistics Market Overview
- Iraq E-Commerce Logistics Market Size
- Iraq E-Commerce Logistics Market Segmentation 2021
- Iraq E-Commerce Shipments Pricing Analysis
- Iraq E-Commerce Logistics Market Growth Drivers
- Iraq E-Commerce Logistics Market Trends & Developments
- Iraq E-Commerce Logistics Market Government Role and Initiatives
- Iraq E-Commerce Logistics Market Logistics Constraints
- Iraq E-Commerce Logistics Market SWOT Analysis
- Competitive Landscape of Iraq E-Commerce Logistics Market
- Iraq E-Commerce Logistics Market Cross Comparison
- Iraq E-Commerce Logistics Market Pricing Analysis
- Future Market Size and Segmentations, 2021-2026F
- Covid-19 Impact on Iraq E-Commerce Logistics Market Analyst Recommendations
- Case Studies
For more information on the research report, refer to below link:
Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F
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