The report titled “Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F- Driven by Growth in Online Shopping Platforms with Introduction of New Technological Advancement” provides a comprehensive analysis of the potential of the e-Commerce and e-Commerce Logistics market in Iraq . . The report covers various aspects including growth of the e-commerce industry, revenue generated by the e-commerce logistics players, its segmentations i.e., by supply, by volumetric weight, by delivery period (delivery on same day, next day delivery, more than 2 days), By payment (cash, e-wallet, debit card, credit card, QR payment, bank transfer), business models, major trends and development, issues and challenges, technological advances and competitive analysis. The report concludes with market projections for the future of the industry, including expected industry size by revenue, along with analyst recommendations and key market opportunities.
Iraq E-commerce Logistics Market Overview and Size
Iraq is a developing country in terms of internet penetration of 75% in 2021. Iraq’s internet infrastructure, young and tech-savvy population and rising mobile/broadband penetration rates indicate all have great potential for the country’s e-commerce market. Iraq e-commerce shipping market has been witnessed in its early stages of development thus increasing year on year mainly due to improved fulfillment rate and high demand for faster delivery coupled with the increase in the number of online orders. The expansion of internet services (~67.3% smartphone penetration in 2021) coupled with a growing demand for online logistics services have collectively driven the development of the e-commerce shipping industry in Iraq. Updated technologies such as Live Tracking, Automation, WhatsApp Bots, AI Systems, IoT and Telematics are used by e-com logistics players.
Iraq e-commerce logistics market segmentation
By supply: Baghdad generated the highest e-commerce orders, followed by Mosul and Erbil. E-commerce centers are concentrated in Baghdad, Mosul, Erbil and Basra, possessing a large and digitally literate consumer base with decent purchasing power as well as the highest urban population.
By Dimensional Weight: Shipments of 1-3 kg accounted for the largest number of orders in Iraq’s e-commerce logistics market, followed by 3-6 kg and 0-1 kg respectively in 2021. Consumers generally buy low weight products such as fashion/apparel, groceries, cell phones and accessories, shoes due to the fact that profitable items often have a high value to weight ratio.
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By delivery period: The majority of e-commerce shipments take one day to be delivered in Iraq, mainly in cities like Baghdad, Erbil, Basra and Mosul. Customers are willing to pay extra for faster deliveries. Rising consumer expectations for fast shipping from online retailers as well as delivery of products during special events, such as during festivals, will lead to the increase of same-day delivery option in Iraq.
By Payment: Throughout Iraq, COD is the preferred method of payment due to low financial inclusion. E-payment gateways, e-wallets and contactless payment are becoming more widespread, with the Iraqi government introducing initiatives for the financial inclusion of the Iraqi population.
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Overview of the warehousing sector in Iraq
The warehousing industry is growing due to the country’s emergence as a major oil and gas hub. Warehousing companies in Iraq compete on the basis of size, location, cost, technology, customer base, additional value-added services (packaging, sorting, labeling, etc.)
Segmentation of the Iraq warehousing market
By region: The warehousing industry in Iraq is mainly concentrated in Baghdad, followed by Erbil and Basra respectively. Erbil and Basra stand out as an important storage center due to the presence of oil fields in the region.
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By End User: The majority of warehousing space in Iraq is occupied by the oil and gas industry, followed respectively by FMCG, electronics and building materials, e-commerce and industrial of retail.
Competitive Landscape of Iraq E-commerce Logistics Market:
The e-commerce logistics space in Iraq is in a growth phase and is highly fragmented with the presence of around 100+ organized express logistics companies and over 1000 unorganized Dabbawallas who deliver the e-commerce shipments across the country . The top 3 players i.e. Aramex, Sandoog and Mateen Logistics are major contributors to the organized market share. Companies are racing against each other to acquire and retain customers, expand their geographic presence, broaden their service offerings, and improve unit economics to increase margins. Fleet size, number of orders, customer base and number of delivery centers, price and delivery time are the main competing parameters for e-commerce logistics providers.
Future prospects and projections of the Iraq e-commerce logistics market
During the forecast period, the Iraqi e-commerce logistics market is expected to surge in demand owing to the expected surge in internet penetration, especially its exposure to young people. Due to the COVID-19 outbreak, there has been a shift from offline sales to online sales, which is also expected to ensure substantial growth in the future. The e-commerce logistics market in the country is expected to grow thanks to new technologies such as automation, blockchain and Internet of Things which will be explored to increase efficiency, improve customer experience and improve the service quality.
Key Segments Covered
Per delivery
Same day
The next day
More than 2 days
By product category
Fashion
Electronic
Toys, hobbies and crafts
Media
Beauty and personal care
Furniture
Beverages
Food
By volumetric weight
0-1Kg
1-3Kg
3-6Kg
More than 6 kg
By location
Baghdad
Erbil
Mosul
Basra
Per payment
Cash
Others (debit card, credit cards, e-wallets)
By sourness
Domestic
International
By gender
Man
Female
By age group
15-35 years old
35-55 years old
55 and over
Ecommerce Logistics Companies Covered
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Aramex
SandoogComment
Mateen Logistics
Iraqi Post
DHL
Key target audience
3PL logistics companies
Integrated logistics companies
E-commerce marketplace platform
Retail companies
Logistics/supply chain industry associations
Time period entered in the report: –
Historical period – 2016-2021
Forecast Period – 2021-2026
Main topics covered in the report
Overview of the e-commerce market in Iraq
Cross Comparison – Top Ecommerce Players in Iraq
Overview of the Iraq e-commerce logistics market
Iraq e-commerce logistics market size
Iraq E-commerce Logistics Market Segmentation 2021
Iraq E-Commerce Shipment Price Analysis
Iraq E-Commerce Logistics Market Growth Drivers
Iraq E-commerce Logistics Market Trends and Developments
Government Role and Initiatives in Iraq E-commerce Logistics Market
Logistics Constraints of Iraq E-commerce Logistics Market
SWOT analysis of Iraq e-commerce logistics market
Competitive Landscape of Iraq E-commerce Logistics Market
Iraq E-commerce Logistics Market Cross Comparison
Iraq E-commerce Logistics Market Price Analysis
Future Market Size and Segmentations, 2021-2026F
Impact of Covid-19 on Iraq E-commerce Logistics Market
Analyst Recommendations
Case studies
For more information on the research report, refer to the link below:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/iraq-e-commerce-logistics-and-warehousing-market-outlook-to-2026/561416-100.html
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