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kenresearchcompany · 3 years ago

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Kenya Warehousing Market Outlook, Size, Growth Rate, Analysis, Major Players, Share & Forecast to 2023: Ken Research

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Market Overview

A warehouse is a sizable structure used to store produced goods and raw materials. It performs routine warehouse tasks that humans formerly carried out using machines and computers. These tasks include recognizing and accepting orders, counting things, storing them, later remembering their locations, and sending orders to the appropriate location.

The main drivers driving the growth of Kenya's warehousing segment include an increase in the volume of international trade, the entry of foreign rivals into the business, and the rising perishables market in Kenya.

Report Analysis

According to the research report, “Kenya Warehousing Market Outlook to 2023 – By Closed Normal, Open Yard, Closed Ac and Cold Storage; Contract and Owned Warehousing; Industrial Warehouses, ICD, and Cold Storage” emphasizes the expansion of e-commerce, which has increased consumer demand for products through online sales, which would lead to a rise in the warehousing market. The sector's consistent, rapid growth is another aspect that contributes to Kenya's strategic position as the entry point to East Africa and the accessibility of a huge supply of skilled labor.

The FMCG industry has dominated the warehousing market on the basis of increasing trade volume and middle-class customer demand for Asian finished products. In addition, the horticultural sector in Kenya is flourishing and calls for temperature-controlled storage for cut flowers, fresh fruits, and vegetables. Another well-liked sector that has progressively expanded as a result of rising purchasing power and the emergence of supermarkets is retail.

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Open yards usually referred to as god owns, are the most common type of warehouse in Kenya. Temperature-controlled bonded warehouses and specialized cold storage facilities are among the growing number of Grade B and Grade A warehouses. Normal a closed warehouse is more typical than an AC Closed warehouses offer just the most basic comforts, like security against burglary and inclement weather.

Key Players

DB Schenker, Siginon Group, Agility Logistics, Kuehne Nagel, Bollore Transport and Logistics, Freight Forwarders Kenya, etc. are some major key players in the Kenya Warehousing Market.

Regional Analysis

Kenya's two most important cities in terms of trade and logistics are Nairobi and Mombasa. As a result, these two areas in Kenya have become the center of the country's warehousing activity. The majority of these warehouses fall under the Grade C classification and are typically open yard warehouses. In Kenya, Eldoret, Thika, Nakuru, Kiambu, Machakos, and Kakamega are also hubs for warehousing. Investors and logistics businesses are currently looking to relocate to more accessible, less congested, and less expensive alternatives due to overcrowding in the key districts.

Future Outlook

Over the forecast period of 2018-2023, the market for warehousing is anticipated to grow at a double-digit CAGR due to Kenya's plans to become the continent of Africa's manufacturing and commerce industry. The need for freight forwarding and warehousing services is anticipated to rise as a result of rising local industrial and international trade volumes. The demand for modern warehouses and cold storage is also predicted to rise as a result of the influx of foreign investments into Kenyan markets, particularly in the horticulture export sector.

Key Segments Covered:-

Warehousing Market

Revenue By End User

FMCG

Horticulture

Retail

Revenue By Type of Warehouse

Closed Normal

Open Yard

Closed Ac

Cold Storage

Revenue By Contract and Integrated Logistics

Contract

Integrated

Revenue By Operation Model

Industrial/Retail

ICD/CFS

Cold Storage/Freezer/Chiller

Warehousing Space By Region

Nairobi

Mombasa

Others (Eldoret, Thika, Nakuru, Kiambu, Machakos, and Kakamega)

Key Target Audience

Logistics/Warehousing Companies

E-Commerce Logistics Companies

3PL Companies

Consultancy Companies

Real Estate Companies/ Industrial Developers

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2019-2023

Companies Covered:-

Bollore Transport and Logistics

DB Schenker

Siginon Group

Kuehne Nagel

Agility Logistics

Freight Forwarders Kenya

Key Topics Covered in the Report:-

Kenya Warehousing Market Overview

Value Chain of Kenya Warehousing Market

Kenya Warehousing Market Size

Kenya Warehousing Market Segmentation

Industry Norms and Regulations in Kenya Warehousing Market

Competitive Scenario in Kenya Warehousing Market

Company Profiles of Major Players in Kenya Warehousing Market

Kenya Warehousing Market Future Outlook and Projections

Future Technological Development in Kenya Warehousing Market

Kenya Warehousing Future Market Size

Kenya Warehousing Market Future Segmentation

Analyst Recommendations

For More Information on the research report, refer to below link:-

Kenya Warehousing Market Outlook to 2023: Ken Research

Related Reports:-

South Africa Logistics Market Outlook to 2023 – By Sea, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Cold Chain; By Express Logistics and E-commerce Logistics

Saudi Arabia Warehousing Market Outlook to 2023 – By Business Model (Industrial/Retail, Container Freight/Inland Container Depot and Cold Storage), By End Users (Consumer Retail, Food and Beverages, Healthcare, Automotive and Others) and E-Commerce Warehouses

Kenya Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail and Pipeline Freight; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding

Indonesia Logistics and Warehousing Market Outlook To 2023 – Driven By Infrastructure Spending For Airport And Seaports Albeit By Poor Existing Road Network

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newscheckz · 5 years ago

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COVID-19 accelerates greater trade coordination in East Africa

New Post has been published on https://newscheckz.com/covid-19-accelerates-greater-trade-coordination-east-africa/

COVID-19 accelerates greater trade coordination in East Africa

It took a traffic jam of a couple thousand trucks at the Malaba border between Kenya and Uganda to fully visualize both the health and trade issues at stake when borders operate at optimum.

The COVID-19 crisis has revealed both hairline fractures along borders in East Africa and the potential to solve them through better regional coordination.

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The East African Community (EAC) to date has been a grand experiment in more than just free trade between Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda.

It also seeks to transform the region into a single market that allows free movement of goods, people, services, labour and capital, and create a single investment area.

The coronavirus pandemic has curtailed this dream in the short-term but the experience has been a learning curve, and UNCTAD, TradeMark East Africa (TMEA) and other regional partners have used the moment to help the region’s national trade facilitation committees (NTFCs) improve their skills and work more effectively by offering them ground-breaking online training.

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“It’s a complicated situation due to the necessity of imposing health controls and measures to manage COVID-19 on one hand, while still ensuring trade flows, especially of essential goods, on the other,” said Shamika N. Sirimanne, UNCTAD’s director of technology and logistics.

“The situation has been extremely challenging for everyone from policymakers to customs officials; truck drivers to traders,” she added. “Training is one of the solutions to this challenge.”

During the COVID-19 crisis various stakeholders realized that multisectoral coordination was key to unlocking trade flows which is a requirement by the World Trade Organization Trade Facilitation Agreement (TFA) through each country’s NTFCs.

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But just at the point when NTFCs are needed most to address the impacts of the coronavirus pandemic, they have not been sufficiently involved in the ad hoc emergency committees set up by the countries.

Still, they are expected to respond to increasing requests from businesses regarding the new EAC Administrative Guidelines to facilitate the movement of goods amid the pandemic.

The NTFCs are also under pressure to manage the border situation, get contacts, unclog trade blockages and help solve problems on the spot.

ALSO READ: Samsung Electronics Forecasts Profits Jump despite Virus

“There is a pressing need to involve NTFCs in national and regional emergency response mechanisms such as the COVID-19 National Task Forces,” said TMEA’s senior director Eugene Torero.

“NTFCs already have dependable cross-border networks, positioning them to support governments to resolve challenges such as time-consuming processes in the export and import of emergency supplies. They can advise on interventions that will create a fast, reliable, cost-effective and safe trade environment for all.”

A trio of regional trade stakeholders came together to deliver the first regional online training programme on trade facilitation for East African NTFCs, led by UNCTAD, in cooperation with the EAC Secretariat, and with financial support from TMEA.

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“Through e-learning tools, we shared our expertise on trade logistics for development to support EAC countries’ efforts in tackling the challenges arising at their borders due to the COVID-19 crisis,” Ms. Sirimanne explained.

“The objective is simple: to ensure the trade and transit of vital goods, including equipment to fight the pandemic. We also wanted to help the NTFCs put the right measures in place to accelerate economic recovery after the crisis,” she added.

More than 130 NTFC members from Burundi, Kenya, Rwanda, Tanzania and Uganda completed the nine-week training.

Flavia Busingye, the EAC Secretariat acting director customs, noted that the online trade facilitation training was a great opportunity for the region to reinforce its capacity to address unprecedented demands due to COVID 19.

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She was optimistic that the training would greatly enhance the regional capacity on trade facilitation interventions and facilitate faster clearance of goods amid the coronavirus pandemic.

The online training was delivered under exceptional conditions, with participants usually undertaking the training from home while teleworking, many of them with unstable internet connections.

Yet they used the opportunity to strengthen their roles as agents of change and contribute to more simplification, transparency and streamlining of trade procedures.

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“Being an agent in maintaining trade flows during the COVID-19 pandemic is crucial. We help ensure the provision of essential food and medical items, limiting negative impacts on jobs and poverty,” said Delphine Munezero Ntaganda from Rwanda.

“The speed and scale of the crisis are unprecedented. But governments can ameliorate the impact. If we use best practices to mitigate pandemic-related trade risks, we can support trade facilitation and logistics, and implement effective trade policy in a time of crisis.”

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Training participants are already applying their new knowledge. “I’m assisting my country address challenges associated with the movement of cargo across the borders, especially to Uganda and Tanzania,” said Rose Kemunto Masita from Kenya.

Similarly, Noel Segonda from Tanzania said the training equipped him to handle several challenges. “The knowledge obtained will help me solve trade issues at the national level so the country recovers from the economic shrinkage experienced during this tragic time.”

Now the NTFCs’ members, serving as “agents of change” in trade facilitation and greater coordination, will support recovery efforts to strengthen regional value chains throughout East Africa, building trade competitiveness and ultimately a stronger and more self-sufficient region.

ALSO READ: Nyeri County Presents Sh7.4bn Budget for FY20/21

The online training is one of UNCTAD’s contributions to the coordinated United Nations response to COVID-19.

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#Covid-19 #east africa #trade facilitation

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ratiram · 5 years ago

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“On the back of the new Intra-regional trade and improving foreign trade ties, the logistics sector in Africa experienced a growth in 2018.”

Analysts at Ken Research in their latest publication “Africa Logistics and Warehousing Outlook to 2023- By Countries (South Africa, Kenya, Tanzania, Uganda, Nigeria, Namibia and Botswana), Freight Forwarding (Mode of Freight (Road, Rail, Air, Sea and Pipeline), By End Users and by Contract Logistics and Integrated Logistics Warehousing (Type of Warehouses, By End Users and by Contract and Integrated Logistics" believe that the Logistics and Warehousing market of the continent is at its growing stage. Growth in the intra regional trade would help boost the market.

Intra Regional Trade: With the help of the African Continental Free Trade Area there comes an establishment of a single continental market for goods and services which seeks to increase intra-African trade by cutting tariffs by 90% and harmonizing trading rules at a regional and continental level. If the trade agreement turns out to be successful the intra-African trade is expected to increase by 52.3% by 2022.

Growing Third Party Logistics: Growth of Third Party Logistics in Africa has increased by sharing assets, warehousing capacities, and even truckloads. This can enable you to bridge efficiency gaps, avoid under- and over-capacities, reduce the cost of specialized freight services, and eventually foster horizontal collaboration in the sector. This has helped both the prominent and the local players as the former is able to have a larger reach to the clients whereas the latter is able to have an access to their fleet.

Higher Cost of Logistics: The cost of logistics and warehousing in the continent is extremely high as compared to other regions. In some areas of the continent the transport cost even accounts for a higher trade barrier than the import tariffs or any other trade restrictions. For the East African Community the logistics cost range between 1.7% and 2.8% of the GDP of those economies. Even a single day’s reduction in the inland travel times could lead to a 6-8% increase in the exports which is almost equivalent to the increase in exports which would have taken place with a 1.5% cut in import tariffs of a country. It has also been estimated that a 10% drop of the logistics costs could help increase trade by 25% across the continent.

Retailers and Wholesalers are Major End Users: The largest revenue providers for the logistics market are the retailers and the wholesalers. Slower retail growth in South Africa has made the logistics companies explore other countries such as Algeria, Kenya and Angola. With respect to Algeria, the retail industry logistics is expected to grow by double digits by 2020. The government of Algeria has plans for the construction of a deep water port at El Hamdania which would also act as a catalyst for the growth of logistics in Africa.

Key Segments Covered

Africa Logistics and Warehousing:

By Service Mix (Freight Forwarding, Warehousing and Courier and Parcel Activities)

Africa Freight Forwarding:

By Mode of Service (Road Freight, Rail Freight, and Air Freight)

By Contract and Integrated Logistics

By End Users (Food, Beverages and Consumer Retail, Automotive and Healthcare and Others)

Africa Warehousing

By Type of Warehouses (Open, Closed, Cold Storage)

By End Users (Food and Beverages, Automotive, Consumer Retail, Healthcare and Others)

By Contract and Integrated Warehousing

Africa Companies Covered

Bollore Africa Logistics

Kuehne Nagel

DHL

Maersk

DSV Panalpine

CEVA Logistics

DB Schenker

Country Profiles

Botswana

Namibia

Tanzania

Uganda

Kenya

Nigeria

South Africa

Key Target Audience

Freight Forwarding Companies

Freight Forwarding Consultancy Companies

Contact Logistics Companies

Warehousing Companies

Warehousing Consultancies

Venture Capitalists, PE

Freight Tech Companies

Investment Banks

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019(E) -2023 (E)

Key Topics Covered in the Report:-

Logistics Infrastructure in Africa

Africa Freight Forwarding Market Overview

Africa Freight Forwarding Market Size Country Profiles (Botswana, Namibia, Tanzania, Uganda, Kenya, Nigeria and South Africa)

Competitive Scenario in Africa Freight Forwarding Market

Company Profiles of Major Players in Africa Freight Forwarding Market

Africa Freight Forwarding Market Future Outlook and Projections

Africa Freight Forwarding Future Market Size

Africa Freight Forwarding Market Future Segmentation

Analyst Recommendations

Africa Warehousing Market Sixe

Competitive Scenarios in Africa Warehousing Market

Africa Warehousing Future Outlook and Projections

Warehousing Future Market Size and Segmentation

Analyst recommendation

Snapshot on Africa courier , Express and Parcels Market

For more information on the research report, refer to below link:

Africa Logistics and Warehousing Market

Related reports

Uganda Logistics and Warehousing Market Outlook to 2022/23 – By Rail, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding, By warehousing (Industrial / Retail, Container Freight / Inland Container Depot and Cold Storage), By Courier and Parcel

Nigeria Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), By End Users, 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics

Ken Research

Ankur Gupta, Head Marketing & Communications

[email protected]

+91-9015378249

#warehousing space in sub-saharn

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dabble-too · 5 years ago

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Cold Solutions Chooses Tatu City for Largest Cold Chain Facility in East Africa

Out of Town Blog Cold Solutions Chooses Tatu City for Largest Cold Chain Facility in East Africa

NAIROBI, Kenya, July 13, 2020 /PRNewswire/ — Cold Solutions, a leading temperature-controlled warehouse and logistics service provider, announced that it will invest USD 70 million to construct state-of-the-art, temperature-controlled cold storage warehouses in Kenya. Cold Solutions at Tatu City in Kenya. Jared Irving, Managing Director, ARCH Emerging Markets Partners Limited; Chris Barron, Kenya Country Head, […]

Cold Solutions Chooses Tatu City for Largest Cold Chain Facility in East Africa Melo Villareal

from Out of Town Blog https://ift.tt/32cGUyz

#Out of Town Blog

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expomahal-blog · 5 years ago

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22nd PPPEXPO KENYA 2019 at Kenya(Nairobi) 2019-October

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Montreal Fall Home Expo 2019 at Canada(Montreal) 2019-October

Montreal Fall Home Expo 2019 trade show event mainly focuses on:

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related products/services/industry/business. This trade show opens top business opportunities to exhibit products and services from frozen seafood Events, dried seafood Trade Shows, processed and canned seafood contacts list, seafood gourmet specialties Business events, fish B2C opportunities, based sauces and mixes Trade Shows, aquariums for restaurants contact info, purification and storage systems for live shellfish and fish contacts list, seafood washing machines companies list, systems for fish refrigeration and freezing contact list, cold stores Exhibitors Directory, seafood packaging companies list, display counters for restaurants and shopping centers business contacts, thematic decorations for seafood restaurants. companies, restaurant B2C opportunities, catering firm Exhibitions, retail Trade Shows, supermarket & hypermarket business opportunities, warehouse club Exhibitors Directory, mass marketer business contacts, seafood market Exhibitors, distribution Fairs, processor B2B Opportunities, importer Exhibitors, exporter Exhibitors Directory, broker B2C ideas, trader contact links, fishing company Fairs, aquaculture Events, services Exhibitors, research business opportunities, education Events, government directory, transportation equipment B2C ideas, packaging services are the target visitors. directory industry.

Find More Details about Montreal Fall Home Expo 2019 event...

We help you to grow your business by providing the required contact details of all companies participating in this event and you can download the same data in excel format using the above links. Location of the Event:Canada(Montreal) Year-Month:2019-October Official Website:Event Website source https://www.expomahal.com/2019/10/22nd-pppexpo-kenya-2019-at-kenyanairobi.html

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afrindexofficial-blog · 7 years ago

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Post-harvest wastage affects the development of agriculture in Kenya

check out the link to learn more : http://info.afrindex.com/detail_1461/

While millions of Kenyans are struggling to cope with drought-induced hunger, post-harvest wastage remains widespread in Kenya due to poor storage and handling, transport, and fungi attack. Actually, Kenya is importing cereal using hard-to-come-by foreign currency to buy cereal it could easily produce.

In 2017, Sh150 billion worth of food went to waste, tossed out or left to rot, a report that tries to track food waste has said. According to the National Bureau of Statistics (KNBS), farmers lost earnings as they struggled to manage, store, and transport their produce to the market. The growers lost over 1.9 million tonnes of food, even as millions of Kenyans grappled with starvation fuelled by debilitating drought. Maize, Kenya’s staple food, was the hardest hit, with farmers losing Sh29.6 billion to post-harvest wastage, including rodents and poor handling. The harvest was also affected by aflatoxin, a toxin produced by fungi due to exposure to moisture. The volume of maize lost during this period - about six million bags - is the equivalent of what the country gets from the short rains of September to December, experts said. Kenya imported maize worth 42 billion, using hard-to-come-by foreign currency to buy cereal it could easily produce. Weevil invasion Tonnes of green bananas were also lost, with farmers foregoing over Sh24 billion in a year when the food security situation in the country plunged to a 10-year low. “We are the only country in the world where weevils compete with human beings in eating maize,” said Bitange Ndemo, an associate professor at the University of Nairobi's Business School and a former permanent secretary in the Ministry of Information and Communication. Other produce that went to waste due to poor storage and handling, transport, and fungi attack, according to data contained in the 2018 Economic Survey released last week, includes Irish potatoes (Sh19.7 billion), milk (Sh12.4 billion), beans (Sh11.5 billion), bananas (Sh5.6 billion), sweet potatoes (Sh3.5 billion), tomatoes (Sh2.4 billion), pineapples (Sh2.4 billion), sorghum (Sh1.9 billion), and millet (Sh1.6 billion). Every year, the country loses about a third of its produce through post-harvest losses and food wastage by consumers who buy more than they need, explained Timothy Njagi, a research fellow at Tegemeo Institute, an agricultural think tank. This has an impact on the country’s food security and reduces profitability for farmers. The Government has estimated post-harvest losses at 20 per cent. As part of its Big Four agenda, the State plans to cut these losses to 15 per cent by 2022. President Uhuru Kenyatta also plans to waive duty on costly cereal drying equipment, hematic bags, grain cocoons/silos, and feed to minimise post-harvest losses. “The Government will also transform the Strategic Food Reserve by promoting investments in post-harvest handling through public private partnerships, and by contracting farmers and other commercial off-takers,” said the National Treasury in the Budget Policy Statement for 2018. Fish production, is also a casualty of post-harvest losses, has also been roped into the Government’s development agenda. It is keen to establish commercialised feedlots for fish and offering incentives for post-harvest technologies. Dr Njagi said post-harvest losses occurred through poor management, storage, and conveyance as the crop moves from the farm to the market. Dr Ndemo, who put post-harvest losses and food waste at between 40 and 50 per cent, said there was a need to develop better supply chains so that farmers take their produce to market as fast as possible. Njagi told of a case of the Japan International Corporation Agency, which had managed to reduce the quantity of rice normally lost through manual harvesting by over 30 per cent by simply introducing combined harvesting machines. “Normally, rice farmers and many others, use the log and thrash method, where the rice is hit with a log,” said Njagi, adding that the grain was rejected in the market because of impurities. “The same thing happens with beans and green grams, where logs are used to remove the beans from the pods. Farmers sweep to recover the harvest, but they can’t collect all of it,” explained Njagi. Even with a good storage facility, you need good management, said Njagi. Ndemo said a commodity exchange should be created to save farmers from being exploited by brokers. “We need to create aggregation centres or warehouse where a farmer in Murang’a, instead of taking two trays of eggs to Nairobi, can take them there and be given a receipt,” said Ndemo. The receipt can becomes a tradeable commodity, he explained, noting that fish farmers should also be provided with cold storage facilities so that they do not have to resort to panic selling. “This way, they are able to quote their price and stay with their produce if they are not getting a better price,” said Ndemo. Njagi said the Kenya Agricultural Research Institute has introduced underground refrigerators where produce can be stored as it awaits collection. Njagi said good storage facilities alone were not the solution. “While some maize farmers have good storage facilities, the way they store the grain exposes it to humidity and oxygen, thus leading to aflatoxin infection,” said Njagi. Cold storage trucks are ideal for transporting perishable produce such as tomatoes and milk, but they are expensive. The experts called for scientific methods of determining post-harvest loss, complaining that most of the figures being thrown around were not scientifically determined, making it difficult for the authorities to take action. Mangoes rotting “You need to establish what loss is likely to occur and where so you can have an appropriate response,” said Njagi. He added that most large-scale farmers did not transport their crops using pit bags, instead using normal bags. Fruits and vegetables, particularly tomatoes, are transported in wooden boxes, resulting in losses. In eastern Kenya, mangoes rot because picky buyers reject them for insignificant reasons such as having spots. “It does not mean that they are not edible. They can be eaten, it is only that buyers tend to pick first grade and everything else goes to waste,” Njagi said. Such fruits can be blended into juice. Makueni County has set up a mango juice factory, which will go a long way in stemming losses.

#Post-harvest #tomato #banana

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