The growing support by the government in order to diversify the country’s economy is strongly contributing to the growth of Qatar Catering Services market as the government is focusing towards the non-oil sectors such as tourism. Under the Qatar National Tourism Sector Strategy 2030 (QNTSS), the country has the target to increase tourist arrivals to 5.6 million by 2030. Therefore, it is anticipated to positively impact the demand for new hotels in the country thereby boosting the demand for catering services.
According to the MarkNtel Advisors’ research report titled “Qatar Catering Services Market Analysis, 2020”, the Catering Services market is anticipated to register a CAGR of around 6% during 2020-25. The catering services on a contractual basis captured the highest market share in the Qatar Catering Services market in 2019. The increasing spending by corporate offices is one of the factors impacting the growth of contractual catering services. The increasing construction activities in the country under the Qatar National Vision 2030 is projected to introduce new corporate offices in the country thereby boosting the demand for catering services.
The Qatar Catering Services market comprise various companies thereby resulting in a stiff competition. The major players capturing a considerable share in the Qatar Catering Services market include Amwaj Catering, Shaqab, Qatar Star Services, IFS, Tamimi Services Group, Qatar Aircraft Catering Company, etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Qatar Catering services market during 2020-25?
A. The market size of Qatar Catering services market during 2020-25 is forecast to be around 6%.
Q. Which type of Catering services services would grab the highest market share during 2020-25?
A. It is forecast that the catering services on a contractual basis captured the highest market share in the Qatar catering services market.
Q. Who are the key competitors or players operating in Qatar Catering services market?
A. Amwaj Catering, Shaqab, Qatar Star Services, IFS, Tamimi Services Group, Qatar Aircraft Catering Company are few of the leading players in the Qatar Catering services market.
Q. Does the report scope cover Catering services type & model wise market statistics also?
A. Yes, the scope of the report encompass detailed Catering services type & model wise statistics such as market size, market segmentation based on various subcategories.
Q. Which end user segment would emerge as an opportunity area for players in Catering services?
A. Commercial and residential segments will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Catering services of Qatar.
