Market Definition
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.
Market Insights
According to the MarkNtel Advisors’ research report titled “Qatar Catering Services Market Analysis, 2028”, the Catering Services market is anticipated to register a CAGR of around 6% during 2023-28. The catering services on a contractual basis captured the highest market share in the Qatar Catering Services market in 2021. 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.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 6% |
| Region Covered | Al Khor, Ad Dawhah, Al Wakrah, Al Rayyan |
| Key Companies Profiled | Amwaj Catering, Shaqab, Qatar Star Services, IFS, Tamimi Services Group, Qatar Aircraft Catering Company, AYTB Qatar, Perfect Food Catering, PDC Tamween, Dunes Catering, Others |
| Unit Denominations | USD Million/Billion |
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.
Market Outlook, Segmentation and Statistics
Key Questions Answered in the Market Research Report
Frequently Asked Questions
A. The market size of Qatar Catering services market during 2023-28 is forecast to be around 6%
A. It is forecast that the catering services on a contractual basis captured the highest market share in the 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.
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.
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.
