Qatar Courier, Express, and Parcel (CEP) - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2030)

The Qatar Courier, Express, and Parcel (CEP) Market size is estimated at 134.97 million USD in 2024, and is expected to reach 201.60 million USD by 2030, growing at a CAGR of 6.92% during the forecast period (2024-2030).

The CEP market is rapidly developing owing to e-commerce growth, industry expansions, and digital advancements

• The e-commerce industry has been a major growth driver for the domestic and international CEP markets in the country. The industry was valued at USD 3.10 billion in 2022 and is projected to reach USD 4.95 billion by 2027, boosting the CEP market's growth significantly.
• The lockdowns due to the COVID-19 pandemic caused imports from neighboring countries to cease, and Qatar turned to Europe and Asia to fill the import gap. Hence, its logistics industry expanded despite the lockdown. The government's ambitious intentions to transform the nation into a new logistical and regional hub have also aided in the expansion of the local logistics industry. The need for the CEP market has been driven by the e-commerce industry both nationally and internationally, with ecommerce rising from USD 2.58 billion in 2020 to USD 2.96 billion in 2021.
• Qatar Post, the national postal service, delivered 779,000 postal items domestically and internationally in 2021. By integrating its data and reporting, resource management, postal operations, billing, and customer service systems with digital channels, Qatar Post achieved significant system integration. In order to create a paperless workplace, reduce the risk of paper documents being lost or damaged, and make the process of replacing them safely easier, it started implementing a digital archiving system. With additional capabilities like requests for receipt and delivery made using the app and submission of inquiries through online chat or WhatsApp, it released a receipt and delivery application. As a result of this, incoming client calls decreased by 20%, 80,000 messages were received, and 30,000 fresh addresses were gathered. As processes become more efficient, the CEP value is projected to record a CAGR of 7.20% during 2023-2029.

Qatar Courier, Express, and Parcel (CEP) Market Trends

Qatar's logistics areas project invested around USD 8 billion, accelerating growth in trade sector and transportation infrastructure

• Qatar's transportation market achieved a valuation of approximately USD 12 billion in 2022. The nation holds the second position in the region for its effective logistics services and ranks fifth among the GCC countries regarding port capacity. The contribution of about USD 9.9 billion to Qatar's GDP in 2022 from transportation and storage opens doors to various opportunities, including investment prospects.
• The Logistics Areas Project in the southern region of Qatar is expected to draw QAR 30 billion (USD 8.17 billion) in direct investments for development projects. The area is expected to be developed as a regional hub for investments and logistics services, boosting trade sector competition and actively encouraging the private sector to participate in the Qatar National Vision 2030. The project will also offer logistics services, such as assembly, processing, open storage spaces, storage facilities, exhibitions, shops, and commercial offices.
• Law No. (13), enacted in 2000, focuses on enhancing foreign direct investment (FDI) by allowing an increase in the share of FDI in project capital from 49% to 100% in several sectors. These sectors include agriculture, education, tourism, development, industry, health, and the exploitation of natural resources. In 2021, the Investment Promotion Agency Qatar (IPA Qatar) projected QAR 4 billion in FDI and the establishment of 1,100 new foreign commercial entities. In 2022, Qatar witnessed substantial investments in various industries, with approximately USD 200 billion. Additionally, significant funds were allocated to state-of-the-art metro systems (USD 35 billion), transportation and infrastructure (USD 11.4 billion), healthcare (USD 6.2 billion), and education (USD 5.2 billion).

Despite the decrease in production, diesel and petrol prices in Qatar have remained stable since June 2022

• Qatar’s total petroleum and other liquids production declined slightly from its peak of more than 2 million barrels per day in 2019 to less than 1.9 million b/d in 2022. Qatar’s crude oil production declined from its highest level of 852,000 b/d in 2008 to 616,000 b/d in 2022. In addition to crude oil, which makes up 33% of its total liquid production, Qatar produces a significant number of condensates from natural gas fields (38%) and HGLs that are removed from a raw natural gas supply (20%).
• From June 2022 to May 2023, diesel and super-grade petrol prices have remained stable, while premium petrol prices have fluctuated between QR 2.05 (USD 0.55) and QR 1.90 (USD 0.517) per liter. In 2021, Qatar Energy announced the construction of an LNG project in the country that would be the world's largest LNG project and increase the country's production capacity. Production is expected to begin in the fourth quarter of 2025, with a total capacity of 1.4 million barrels of oil equivalent per day.
• Qatar's estimated proven natural gas reserves were 843 trillion cubic feet as of December 2022. Qatar holds 11% of the world's proven natural gas reserves and almost 30% of the Middle East's reserves. With reserves of crude oil estimated at 25.2 billion barrels in January 2023, Qatar held the 6th largest reserves in the Middle East and the 14th largest in the world. The Barzan Natural Gas Project, which can process up to 511 billion cubic feet per year of natural gas, began operating in late 2022. Since 2022, high natural gas demand in Asia, global natural gas supply uncertainty because of Russia's full-scale invasion of Ukraine, and curtailed natural gas supply to Europe have created significant demand for LNG exports from new projects such as those in Qatar.

Qatar Courier, Express, and Parcel (CEP) Industry Overview

The Qatar Courier, Express, and Parcel (CEP) Market is moderately consolidated, with the top five companies occupying 41.40%. The major players in this market are Aramex, DHL Group, FedEx, Qatar Airways Group (including Qatar Airways Cargo) and Qatar Post (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

This product will be delivered within 2 business days.