Qatar Cold Chain Market -- Increase in Demand for Perishable Food Items, Development of Infrastructure, Government's Initiatives to Improve the Logistics Infrastructure in the Country as Part of the 'Qatar National Vision 2030': Ken Research

Undertaking Long Distance Rail, Passenger and Freight Rail Projects: The Qatar Rail Development Program (QRDP) envisages development of a long distance passenger and freight rail network to connect major centres of population and industries in Qatar and to form part in planned Gulf Cooperation Council (GCC) railway network linking the six countries in GCC (namely, State of Qatar, Kingdom of Saudi Arabia, United Arab Emirates, Kuwait, Kingdom of Bahrain and Sultanate of Oman). Moreover, the project involves the construction of passenger and freight railway line linking the border with Saudi Arabia to Mesaieed and the New Doha Port project on the east coast of the peninsula as well as an inland station known as Doha West International, which will connect to Doha Metro. The establishment of these trade and passenger routes will facilitate the growth of the exports and imports of temperature sensitive products, thereby increasing the reliance on cold warehousing and transportation in the…

Undertaking Long Distance Rail, Passenger and Freight Rail Projects: The Qatar Rail Development Program (QRDP) envisages development of a long distance passenger and freight rail network to connect major centres of population and industries in Qatar and to form part in planned Gulf Cooperation Council (GCC) railway network linking the six countries in GCC (namely, State of Qatar, Kingdom of Saudi Arabia, United Arab Emirates, Kuwait, Kingdom of Bahrain and Sultanate of Oman). Moreover, the project involves the construction of passenger and freight railway line linking the border with Saudi Arabia to Mesaieed and the New Doha Port project on the east coast of the peninsula as well as an inland station known as Doha West International, which will connect to Doha Metro. The establishment of these trade and passenger routes will facilitate the growth of the exports and imports of temperature sensitive products, thereby increasing the reliance on cold warehousing and transportation in the country.

Rising Prevalence of Short Contract Terms: 3PL partnerships and cold storage warehouses requiring clients are availing shorter contract terms. Shortening contract terms is leading to longer contract terms being incentivized. Post-Covid, companies have been hesitant to sign 3-5 years contract commitment. Standard warehouse space and 3PL partnership contract terms are being lowered to 1-2 years to increase the number of customers availing a company's cold storage warehouse facility. JSL is one such company offering short & long term cold warehouse contract facilities.

Analysts at Ken Research in their latest publication "Qatar Cold Chain Market Outlook To 2026 - Driven By FIFA World Cup 2022's Logistics Demand And Infrastructural Growth Along With A Tailwind Of Technological Development, Qatar Cold Chain Market Experiencing Growth" believe that the Cold Chain market in Qatar is expected to experience positive growth owing to the increase in demand for perishable food items, development of infrastructure and freight routes and government's initiatives to improve the logistics infrastructure in the country as part of the 'Qatar National Vision 2030'. The market is expected to register a positive CAGR of 6.6% in terms of revenue during the forecasted period 2021P-2026F.

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