Oman Warehousing Market Outlook to 2030
Region:Middle East
Author(s):Geetanshi
Product Code:KR656
June 2018
51
About the Report
Oman Warehousing Market Overview and Size
Warehousing is a fairly old concept in with having highest number of warehouse in the city of Muscat alone. A key driver behind Oman’s significant warehousing market and its regularly increasing growth is the location, considering that it is an intermediary trade corridor leading to it being an ideal pit stop for goods being transported between the western and Asian regions. Over the past few years, rapid retail market developments have been evident in Oman with a continuous increase in organized retail or modern shopping across the country. Warehousing is gaining prominence due to economic diversification, air port and sea port upgrades, expansion of industrial parks and free zones such as Salalah Free Zone (SFZ), Al Duqm Free Zone, Sohar Free Zone and Al Mazyounah Free Zone. In parallel to the growing volume of cargo throughput at Omani ports, warehousing is a market segment poised for growth in the country, meeting the needs of transporters seeking a strategic location to store goods en route. "Just-in-Time" and "Just-in-Case" manufacturing processes are trending across global warehousing industry including Oman with a purpose of eliminating waste and inconsistencies which are hampering with overall productivity.
Oman Warehousing Market Segmentation
By Number of Warehouses
Most of warehouse space is located in Muscat. Muscat has the most area under a single city, further divided into 12 sub cities, Muscat has the highest prominence for trade in Oman with it being the capital, largest port and the most advanced air trade option Oman can have, Muscat is also one of the oldest cities in Oman and has the reputation for trade as it was and still is a primary route for spice and silk trade from and between Oman.
Muscat is also the central intersecting point of the various lines of the world shipping lanes. Rest of the warehouse area in Oman is distributed among the remaining area of Oman between the regions of Seeb, Sohar, Sur, Nizwa and others. Groups like Al Medina, Jan Muhammed and ILS Logistics are some of the major players in the warehousing market of Oman and they control most of the space in Oman.
By End User
Food and beverage products are usually distributed in large quantities and require care when handling to ensure the product is not damaged or destroyed during transport. This need for specialized care with an increase in standard of living of the urban population has made the Food and Beverage sector the highest end user in the warehousing industry. The second major sector contributing to the warehousing sector is Chemicals. The Oil and Gas sector being one of the key economic areas for Oman takes the next highest share of the Oman logistics market in 2017. Remaining sectors varied from Electronics to pharmaceuticals cumulatively to the Warehousing industry in Oman.
By Business Model
The industrial/retail freight segment dominated overall Oman warehousing market in the year 2017. The rising industrial / retail sector in Oman has elevated the requirement of warehouses in the country majorly due to increasing demand for storage of processed packaged foods and beverages, as modern food retailing businesses expanded their operations in order to meet the consumer requirements. Moreover, rising internet and smartphone penetration in Oman has strengthened the online shopping market in the country. The e-tail companies require warehouses for storing goods and hence are one of the leading growth factors for the warehousing market in Oman. Container freight followed industrial / retail in the year 2017. The use of containers in export shipments makes the transport and goods handling easier and faster. Additionally, the containers are designed to facilitate the carriage of goods without intermediate reloading. The remaining revenue share was collectively captured by cold storage, agriculture and others in Oman warehousing market in 2017.
Comparative Landscape in Oman Warehousing Market
The warehousing industry in Oman encompasses a mix of unorganized and organized players. The companies were observed to compete with each other on the basis of the size and location of the warehouse. The location of the warehouse has to be appropriate to the needs of the customer which reduces extra cost of transportation and increases time efficiency. 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.
Oman Warehousing Market Future Outlook and Projections
Over the forecast period, Oman warehousing market is expected to drive demand for more warehouses in near future on account of rising production in the country. The key drivers behind the boost in growth rate are to be the increase in the standard of living of the Omani population causing more businesses to enter into Omani markets increasing the demand for warehousing facilities and increasing the price of warehousing in prime locations significantly.
Key Topics Covered in the Report
- Executive Summary
- Research Methodology
- Oman Warehousing Market Introduction
- Value Chain Analysis in Oman Warehousing Market
- Oman Warehousing Market Size, 2012-2017
- Oman Warehousing Market Segmentation, 2017
- Comparative Landscape in Oman Warehousing Market
- Oman Warehousing Market Future Outlook and Projections, 2018-2022
Products
Companies
GGL Logistics, Oryx Logistics, GAC Logistics, Avvashya CCI Logisitcs, Logwin Logisitcs, Enhance Oman
Table of Contents
1. Executive Summary
Oman Warehousing Market Size
Segmentation by Number of Warehouses
Segmentation by End Users
Segmentation by International and Domestic Companies
Segmentation by Business Model
Competitive Landscape of Major Players Operating in Oman Warehousing Market
Future Outlook and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Research Methodology
Variables Dependent and Independent
Multifactor Based Sensitivity Model
Limitations
Final Conclusion
3. Oman Warehousing Market
3.1. Market Evolution, Emerging Trend And Timeline
3.2. Value Chain Of Oman Warehousing Market
4. Oman Warehousing Market Size, 2012-2017
4.1. By Revenues, 2012-2017
5. Oman Warehousing Market Segmentation, 2017
5.1. By Number of Warehouses (Muscat and Others), 2017
5.2. By End User (Food And Beverage, Chemicals, Oil and Gas, Electronics, Agriculture and Others), 2017
5.3. By International and Domestic Companies, 2017
5.4. By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others)
6. Competition Scenario in Oman Warehousing Market
7. Company Profile for Major Players in Oman Warehousing Market
7.1. GGL Logistics
7.2. Oryx Logistics
7.3. GAC Logistics
7.4. AVVashya CCI Logistics
7.5. Logwin Logistics
7.6. Enhance Oman
8. Oman Warehousing Market Future Outlook and Projections, 2018-2022
8.1. By Revenues, 2018-2022
8.2. By Business Model (Industrial Freight / Retail Freight, Container Freight, Cold Storage, Agriculture And Others), 2022
8.3. Future Technological Development in Oman Warehousing Market
9. Analyst Recommendations
Disclaimer
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