The Iraq e-commerce logistics and warehousing market is an emerging market that is gaining traction due to the rapid growth of the e-commerce sector in the country. E-commerce in Iraq is still in the early stages of development but is expected to experience significant growth in the coming years due to the increasing internet and smartphone penetration, changing consumer behavior, and the expanding middle class.
The logistics and warehousing market is an integral part of the e-commerce supply chain, providing critical services such as transportation, storage, and delivery of goods. The market is driven by factors such as the increasing demand for efficient and reliable logistics and warehousing services, the growing popularity of online shopping, and the increasing competition among e-commerce companies.
The logistics and warehousing market in Iraq is fragmented, with many small and medium-sized logistics and warehousing companies operating in the country. However, there is also a growing number of international logistics and warehousing companies that are expanding into the Iraqi market.
One of the major challenges facing the Iraq e-commerce logistics and warehousing market is the lack of infrastructure, such as adequate transportation and storage facilities, as well as the lack of standardized regulations and policies. However, the government of Iraq is taking steps to address these challenges and create a more favorable business environment for the e-commerce sector, which is expected to drive the growth of the logistics and warehousing market in the coming years.
Following the pandemic epidemic, sales on vertical and horizontal e-commerce platforms in a number of categories—pharmacies, groceries, basics, and many more—have significantly increased as a result of increased customer use of various online channels. The gross market value of e-commerce sales grew. This rise can in part be attributable to the rise of orders brought on by the COVID-19 lockout.
Iraq E-Commerce Logistics and Warehousing Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Aramex, DHL, Iraq Post, Mateen Logistics, Sandoog.
Iraq E-Commerce Logistics and Warehousing Market Segmentation:
By Product Category: Based on the Product Category, Iraq E-Commerce Logistics and Warehousing Market is segmented as; Beauty and personal care, Beverages, Electronics, Fashion, Food, Furniture, Media, Toys, Hobby & DIY.
By Delivery: Based on the Delivery, Iraq E-Commerce Logistics and Warehousing Market is segmented as; More than 2 days, Next day, Same day.
By Volumetric Weight: Based on the Volumetric Weight, Iraq E-Commerce Logistics and Warehousing Market is segmented as; 0 – 1 kg, 1 – 3 kg, 3 – 6 kg, Greater than 6 kgs.
By Payment: Based on the Payment, Iraq E-Commerce Logistics and Warehousing Market is segmented as; Cash, Debit Card, Credit Card, E-wallets, Others.
By Sourcing: Based on the Sourcing, Iraq E-Commerce Logistics and Warehousing Market is segmented as; Domestic, International.
By Gender: Based on the Gender, Iraq E-Commerce Logistics and Warehousing Market is segmented as; Female, Male.
By Age Group: Based on the Age Group, Iraq E-Commerce Logistics and Warehousing Market is segmented as; 15 – 35 years, 35 – 55 years, 55 and above.
By Region: Baghdad is the city with the highest concentration of the Iraq Warehousing sector, followed by Erbil and Basrah. Due to the existence of oil reserves in the area, Erbil and Basrah serve as a significant hub for warehousing.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.