Qatar Catering Services Market – Industry Trends and Forecast to 2028
MarkNtel Advisors, a prominent market research firm, has recently published a report titled Qatar Catering Services Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Qatar Catering Services market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.
Qatar Catering Services Reports Highlights
What is the size of the Qatar Catering Services Market?
The Qatar Catering Services Market is projected to grow at a CAGR of around 6.0% during the forecast period, i.e., 2023-28. The growing support by the government to diversify the country’s economy strongly contributes to the growth of the market as the government is focusing on the non-oil sectors such as tourism and healthcare. Under the Qatar National Tourism Sector Strategy 2030 (QNTSS), the country aims to increase tourist arrivals to 5.6 million by 2030. Therefore, it is anticipated to encourage the construction of new hotels in the country, thereby boosting the need for catering services to serve visitors and customers.
What do the growth prospects and trends look like in the Qatar Catering Services Industry?
The growing expansion of manufacturing units & service industries in the country as part of the National Vision 2030 for industrial development is a significant factor that positively supported the demand for such dining experiences from the corporate offices. Besides this, the ease of availability of business resources such as labor, infrastructure, and flexible trade policies are the prominent reasons for expanding business activities in the country.
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What Components are encompassed within Qatar Catering Services Market segmentation?
The report has divided the market into the following segments:
-Defense and Offshore
-Mining & EPC
-Sports & Leisure
-Client Pay B2B
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Who are the Primary Companies or Entities active in the Industry?
The report covers the major market players including:
-Qatar Star Services
-Tamimi Services Group
-Qatar Aircraft Catering Company
-Perfect Food Catering
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