1. Increase in Warehousing Automation as well as Warehousing Capacity is one of the major Post-COVID Changes in the Warehousing Industry of Qatar
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The impact on Qatar’s cold chain industry during Covid-19 was minimal. While the cold transportation industry saw a slight decrease in demand, particularly during periods when containment measures were implemented, the cold warehouse industry saw little disruption in demand and supply. Following Covid-19, an increasing number of warehouses are making room for technologies such as automated storage and retrieval systems to expedite order deliveries and implement social distancing. Warehouses are attempting to increase capacity for a variety of reasons, including increased inventory and meeting increased demand.
2. The Cold Chain Industry in Qatar is Growing at a CAGR of 6.6% with Companies Competing Intensely on Providing a plethora of Services Under One Roof.
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The expansion of the freight forwarding segment in the market was fueled by the increase in infrastructure developments in Qatar between 2010 and 2015. Furthermore, the retail and FMCG industries have aided in the rapid expansion of Qatar’s logistics market. Qatar is an important import hub for the GCC countries (second only to the UAE), and most goods are transported to the GCC countries after arriving in Qatar. Meat and seafood accounted for the majority of the cold chain market segmentation in 2021P, followed by dairy products and pharmaceuticals.
3. The Cold Chain Logistics Market in Qatar is Moderately Consolidated with Established International and Domestic Cold Chain Players Operating and Expanding in Qatar
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The Cold Chain Logistics market in Qatar is moderately consolidated. With established international and domestic players operating and expanding in Qatar, it is approaching saturation in the coming years. The cold chain companies in the country compete on a host of parameters such as location, price, temperature range, product range, warehouse infrastructure, IT competency, and availability of network structures. The growing urban population, developed transportation infrastructure in these regions, and proximity to the sea and airports have all contributed to the growth of cold chain businesses in these areas.
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