Market Research Reports - Ken Research Warehousing Type Kuwait, Sea Transport Kuwait | Page 2

Asia flow corridor is the largest contributor in terms of revenue in the freight forwarding
market. It was followed by Europe, North America, GCC and other flow corridors. Over the
forecast period, the Kuwait will witness construction of many new roads and bridges which will
aid against the traffic congestion problem in the country and positively affect the trucking
industry, hence aiding the domestic logistics.
Kuwait Warehousing Market Size
Kuwait warehousing market in terms of revenue and capacity grew at a positive CAGR during
the period 2012-2017. Industrial freight/retail dominated warehousing market in 2017 in
Kuwait due to rise in the industrial and retail sectors in the country. Container freight followed
the industrial/ retail freight as the use of containers in export shipments makes the transport
and goods handling easier and faster. Cold storage warehousing has inclined over the years
with the rising requirement of temperature controlled products majorly (pharmaceuticals, sea
food and frozen foods). Agriculture and others attributed least share in warehousing.
The warehousing companies in Kuwait observed to compete with each other on the basis of the
size and location of the warehouse. Other important factors which influence the choice of
warehouse are technologies/automation used in the warehouses; value added services, GDP-
certified temperature and humidity-controlled environment and others. The companies will
focus towards technologies such as RFID, automatic retrieval system, robotics, drones and
others in future which will further boost the demand for warehousing services within Kuwait.
Kuwait Express Logistics Market Overview
Express delivery services in the logistics and freight forwarding market of Kuwait has emerged
as a critical variable in the growth of the overall market in the past five years. Road express has
been a major contributor to the express delivery market in terms of revenue and has accounted
for maximum revenue share during the period.
Kuwait express delivery market has been dominated by international express which comprised
majority of the market revenue during the year 2017. In terms of revenue, B2B segment has
dominated the Kuwait express logistics during 2017.
In Kuwait, express delivery market is largely dominated by major global players such as DHL,
FedEx, Aramex, UPS and others who collectively contribute to the majority of revenues in the
international express delivery market in the country during the year 2017. The “last mile”
delivery step to the consumer will gain more importance in future due to the rising share of B2C
parcel logistics in the market.
Kuwait E-Commerce Logistics Market Overview