PUBLISHER: The Business Research Company | PRODUCT CODE: 1674055
PUBLISHER: The Business Research Company | PRODUCT CODE: 1674055
Warehousing and storage involve the storing of items intended for later sale or distribution, as well as the storage of physical commodities or inventory in warehouse facilities. These facilities cater to various types of merchandise, including bonded goods, general merchandise, refrigerated products, and other warehouse items.
The primary types within the warehousing and storage market include general warehousing and storage, refrigerated warehousing and storage, specialized warehousing and storage, and farm product warehousing and storage. General warehousing and storage encompass activities such as storing, assorting, and stocking various goods. The market is further segmented by ownership, including private warehouses, public warehouses, bonded warehouses, and cooperative warehouses. These warehousing and storage services find applications across diverse end-user industries, including retail, manufacturing, consumer goods, food and beverage, healthcare, e-commerce, and others.
The warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides warehousing and storage market statistics, including warehousing and storage industry global market size, regional shares, competitors with a warehousing and storage market share, detailed warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the warehousing and storage industry. This warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The warehousing and storage market size has grown strongly in recent years. It will grow from $798.45 billion in 2024 to $869.32 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. 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 $1159.66 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. 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.
The warehousing and storage market is poised for growth, driven by an increasing demand for refrigerated warehousing and storage. Refrigerated facilities are equipped with specialized cooling or refrigeration systems to maintain low temperatures, accommodating temperature-sensitive goods and complying with stringent regulations. This enhances the warehousing process, expands the client base, and ensures the preservation of goods. For example, in July 2022, the Cold Chain Federation, a UK-based association, reported that cold storage capacity in the UK exceeded 40 million cubic meters, marking a 10% increase from 2021 levels. The electricity costs in the cold storage sector also rose from $676 million in 2021 to an estimated $1.33 billion in 2022. Hence, the surging demand for refrigerated warehousing and storage is a key driver for the warehousing and storage market's growth.
Warehousing and storage companies are increasingly leveraging big data analytics to optimize warehouse operations and enhance planning. Big data analytics involves analyzing large datasets to extract valuable insights, uncover hidden patterns, identify market trends, correlations, and customer preferences. This approach aids in assessing warehouse location, capacity, and flexibility to predict customer requirements. It contributes to improved warehouse planning, efficient replenishment, and the establishment of lean supply chains with advanced inventory systems. This, in turn, optimizes workflow, enhances floor utilization, and boosts operational efficiencies and return on investment (ROI). Notable examples include The Clemens Group, a food services provider, utilizing big data forklift fleet management software to monitor vehicle impacts, operator productivity, and equipment utilization. EastPack, one of New Zealand's largest kiwifruit packing houses, employs big data from real-time location systems to minimize supply chain errors and inventory issues. Major companies incorporating big data analytics in warehousing operations include Deutsche Post, DHL Group, United Parcel Service, and Kuehne + Nagel.
Major companies operating in the warehousing and storage market include Deutsche Post DHL Group, GXO Logistics Inc., Kuehne + Nagel International AG, Geodis Group, DSV A/S, Cold Storage Management Services (Pty) Ltd, Docustore Cc, Storall, Nippon Express, GLS Parcel Service, Lidl Great Britain Limited, DB Schenker, Brasfrigo S/A, Mitsubishi Logistics, Combi Logistics, Ryder System Inc., Ukr Trading FZ LLC, GMK Logistics, INDU Logistics, Aldi Stores Limited, Martini Meat S.A. Armazens Gerais, Frialsa, Amazon France Logistique, Sozo Logistics (Pty) Ltd, CJ Logistics, Green Africa Container Depots (Pty) Ltd, Central Consumable Services Cc, LODI, Agility Logistics, Qualianz, Dubai CommerCity, Freedom warehousing and solutions, Bina Global Transport, Verks Global Logistics (VGL), Friozem Armazens Frigorificos Ltda, Fukuyama Transporting Co, Sysco EastTexas Llc, DH warehousing & fulfillment Ltd, G&S Logistics, Ryder Supply Chain Solutions, N B Refrigeration Ice And Cold Storage, AmeriCold Logistics LLC, Belleair Storage, BSC Logistics, Arfrio Armazens Gerais Friogorificos, Lagermax Lagerhaus und Speditions AG, Ridge Logistics, Yusen Logistics, Supply Chain Services, Al-Futtaim Logistics, ProConnect Integrated Logistics, CEVA Logistics, Envoy Networks Prep partners group, Isewan Terminal Service, Superfrio Armazens Gerais Ltda, Comfrio
Asia-Pacific was the largest region in the warehousing and storage market in 2024. North America was the second largest region in the warehousing and storage market. The regions covered in the warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the warehousing and storage market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The warehousing and storage market includes revenues earned by entities by storing goods for smooth distribution, ensuring the supply chain of goods, managing inventory, and enhancing customer satisfaction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Warehousing And Storage Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on warehousing and storage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for warehousing and storage ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The warehousing and storage market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.