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Kuwait Catering Services Market Outlook to 2027F

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    Report

  • 150 Pages
  • May 2023
  • Region: Kuwait
  • Ken Research Private Limited
  • ID: 5793567
The report provides a comprehensive analysis of the potential of the cateringservices industry in Kuwait. The report covers an overview and genesis of the industry along with market size in terms of revenue generated.

Its market segmentations include By Type, By structure, and By End Users; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to publisher estimates, the Kuwait Catering Services Market grew from approximately AUD ~ Bn in 2017 to approximately AUD ~ Bn in 2022 is forecasted to grow further into AUD ~ Bn opportunity by 2027F, owing to the unique food preferences of people, tourism, and the working population in the region.

Major operators of catering businesses are investing in mobile apps, digital kiosks, tableside ordering systems, and dedicated pick-up areas or drive-thru lanes for mobile orders.

Due to the nation's rising veganism trend, eateries in Kuwait are reorienting their menus to include healthier choices including plant-based, locally produced and fresh cuisine.

Key Trends by Market Segment:

By Type: The contract catering services were mainly dominated by 1 yearlong contracts as they accounted for ~% of the catering contracts revenue in 2022 as the customers initially look for good quality catering service. Once satisfied with the services, they tend to renew the contracts after 1 year.
This sector is driven by the rising expectations of all the passengers to have healthy nutritious food and the growing number of flyers.

Competitive Landscape:

Kuwait Catering Services Market is at a growing stage and has a consolidated market with about the top 4-5 players accounting for ~40% of the share in the catering business in the country. The Catering Services Market in Kuwait has seen the emergence of more players over the past 5 years.

Future Outlook:

The Kuwait Catering Services Market is projected to show significant growth. It is expected to be driven by the demand for healthy food and the convenience of delivering with the development of the hospitality sector. Growing health consciousness such as being vegan and eating green food is affecting an individual order pattern which is one of the major driving forces creating demand for catering services in the country.

Moreover, favourable government regulations are also expected to facilitate the catering business in the country. The expansion of foreign tourists in the country increases the in-flight services of the catering business which is further increasing the market. The education, health, and defence sectors are also forecast to increasingly demand catering services, which will likely contribute to industry growth.
This product will be updated with the latest data at the time of order. Consequently, dispatch time for this product will be 7-10 business days.

Table of Contents

1. Executive Summary

2. Kuwait Catering Service Market Overview
2.1 Taxonomy of the Kuwait Catering Service Market
2.2 Industry Value Chain
2.3 Ecosystem
2.4 Government Regulations/Initiatives for the Kuwait Catering Service Market
2.5 Growth Drivers of the Kuwait Catering Service Market
2.6 Issues and Challenges of the Kuwait Catering Service Market
2.7 Impact of COVID-19 on the Kuwait Catering Service Market
2.8 SWOT Analysis

3. Kuwait Catering Service Market Size, 2017 - 2022

4. Kuwait Catering Service Market Segmentation
4.1 By Service Type, 2017 - 2022
4.2 By End-User Type, 2017 - 2022
4.3 By Regional Split (North/East/West/South/Central), 2017 - 2022

5. Competitive Landscape
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles - (Top 5 - 7 Major Players)

1. Luscious Catering

2. Opera Catering Co

3. Kuwait Hotels Company

4. Wow Catering Services

5. Al Wazzan Trading & Catering Co. AWTC

6. Atyab Gulf Catering Services

7. Al-Karam Al-Arabi for Catering Services Limited

6. Kuwait Catering Service Market Future Market Size, 2022 - 2027

7. Kuwait Catering Service Future Market Segmentation
7.1 By Service Type, 2022 - 2027
7.2 By End-User Type, 2027 - 2027
7.3 By Regional Split (North/East/West/South/Central), 2022 - 2027

8. Analyst Recommendations

9. Research Methodology

10. Disclaimer

11. Contact Us

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Luscious Catering
  • Opera Catering Co
  • Kuwait Hotels Company
  • Wow Catering Services
  • Al Wazzan Trading & Catering Co. AWTC
  • Atyab Gulf Catering Services
  • Al-Karam Al-Arabi for Catering Services Limited
  • Anaar Catering
  • Lazurd Catering