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Warehousing And Storage Market Growth Trajectory Through 2024-2033

Warehousing And Storage Market Growth Trajectory Through 2024-2033

The Warehousing And Storage by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Warehousing And Storage, The warehousing and storage market size has grown strongly in recent years. It will grow from $724.47 billion in 2023 to $783.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to growing demand for refrigerates warehousing, increased demand for omnichannel model.

The warehousing and storage market size is expected to see strong growth in the next few years. It will grow to $1062.19 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing e-commerce industry, growing population, growth of the industrial sector will drive the growth. Major trends in the forecast period include adoption of new technologies such as drone technology for real- time inventory tracking, focus on warehouse automation, focus on warehouse management systems (wms) are used to manage warehouse operations, including inventory management, order fulfillment and labor management, focus on facility expansions, launching smart warehouse technology, focus on mergers and acquisitions..

Growing demand for refrigerated warehousing and storage is expected to propel the growth of the warehousing and storage market going forward. Refrigerated warehousing and storage refer to facilities or buildings equipped with specialized cooling or refrigeration systems designed to maintain low temperatures. Refrigerated warehousing and storage enhances the warehousing process by accommodating temperature-sensitive goods, broadening the client base, and adhering to stricter regulations. For instance, in July 2022, according to the Cold Chain Federation, a UK-based association, the cold storage capacity in the UK surpassed 40 million cubic meters, showing a 10% increase compared to the levels in 2021. Additionally, the cold storage sector's electricity costs have grown from $676 million in 2021 to an estimated $1.33 billion in 2022. Therefore, the growing demand for refrigerated warehousing and storage is driving the growth of the warehousing and storage market.

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The warehousing and storage market covered in this report is segmented –

1) By Type: General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing And Storage

2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses, Cooperative Warehouses

3) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food And Beverages Industry, Healthcare Industry, E-Commerce, Other End Use

Sub segments: Cold Storage, Frozen Storage, Automobile Dead Storage, Bulk Petroleum And Chemical Storage, Document Storage And Warehousing, Whiskey Warehousing, Other Specialized Warehousing And Storage

The warehousing and storage market report table of contents includes:

1. Executive Summary

2. Warehousing And Storage Market Characteristics

3. Warehousing And Storage Market Trends And Strategies

4. Warehousing And Storage Market - Macro Economic Scenario

5. Global Warehousing And Storage Market Size and Growth


32. Global Warehousing And Storage Market Competitive Benchmarking

33. Global Warehousing And Storage Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Warehousing And Storage Market

35. Warehousing And Storage Market Future Outlook and Potential Analysis

36. Appendix

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