Report Feature
Warehousing Market Trends and Forecast
The future of the global warehousing market looks promising with opportunities in the manufacturing, consumer goods, retail, food & beverage, IT hardware, healthcare, and chemical industries. The global warehousing market is expected to reach an estimated $1,007.5 billion by 2028 with a CAGR of 6.9% from 2023 to 2028. The major drivers for this market are rapid expansion of ecommerce shopping sites are provoking the need for warehouses, growing demand for omnichannels, and huge demand for refrigeration storage.
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Warehousing Market by Segment
The study includes trends and forecast for the global warehousing market by product type, ownership, end use industry, and region, as follows:
Warehousing Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- General
- Refrigerated
- Farm Products
Warehousing Market by Ownership [Value ($B) Shipment Analysis from 2017 to 2028]:
- Private
- Public
- Bonded
Warehousing Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
- Manufacturing
- Consumer Goods
- Retail
- Food & Beverages
- IT Hardware
- Healthcare
- Chemicals
- Others
Warehousing Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Warehousing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies warehousing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the warehousing companies profiled in this report include.
- FedEx
- XPO Logistics
- APL
- DHL International
- Genco Shipping
Warehousing Market Insights
- Lucintel forecasts that general will remain the largest segment over the forecast period due to the expanding need for storage for preparing chemical compounds, particularly speciality chemicals, must be processed in warehouses before being delivered to various end use industries, such as automotive, consumer goods, and retail.
- Manufacturing is expected to witness highest growth over the forecast period due to the increasing number of products need to be stored for exportation from both established and developing nations.
- North America will remain the largest region due to the supporting government initiatives to build modern warehouses with integrated capabilities such as Web Map Service (WMS) functionality for order fulfilment, barcode scanning, and improved inventory management in the region.
Features of the Warehousing Market
- Market Size Estimates: Warehousing market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Warehousing market size by various segments, such as by product type, ownership, end use industry, and region
- Regional Analysis: Warehousing market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by product type, ownership, end use industry, and regions for the warehousing market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the warehousing market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the warehousing market size?
Answer: The global warehousing market is expected to reach an estimated $1,007.5 billion by 2028.
Q2. What is the growth forecast for warehousing market?
Answer: The global warehousing market is expected to grow with a CAGR of 6.9% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the warehousing market?
Answer: The major drivers for this market are rapid expansion of ecommerce shopping sites are provoking the need for warehouses, growing demand for omnichannels, and huge demand for refrigeration storage.
Q4. What are the major segments for warehousing market?
Answer: The future of the warehousing market looks promising with opportunities in the manufacturing, consumer goods, retail, food & beverage, IT hardware, healthcare, and chemical industries.
Q5. Who are the key warehousing companies?
Answer: Some of the key warehousing companies are as follows:
Answer: The global warehousing market is expected to reach an estimated $1,007.5 billion by 2028.
Q2. What is the growth forecast for warehousing market?
Answer: The global warehousing market is expected to grow with a CAGR of 6.9% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the warehousing market?
Answer: The major drivers for this market are rapid expansion of ecommerce shopping sites are provoking the need for warehouses, growing demand for omnichannels, and huge demand for refrigeration storage.
Q4. What are the major segments for warehousing market?
Answer: The future of the warehousing market looks promising with opportunities in the manufacturing, consumer goods, retail, food & beverage, IT hardware, healthcare, and chemical industries.
Q5. Who are the key warehousing companies?
Answer: Some of the key warehousing companies are as follows:
- FedEx
- XPO Logistics
- APL
- DHL International
- Genco Shipping
Q6. Which warehousing segment will be the largest in future?
Answer: Lucintel forecasts that general will remain the largest segment over the forecast period due to the expanding need for storage for preparing chemical compounds, particularly speciality chemicals, must be processed in warehouses before being delivered to various end use industries, such as automotive, consumer goods, and retail.
Q7. In warehousing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the supporting government initiatives to build modern warehouses with integrated capabilities such as Web Map Service (WMS) functionality for order fulfilment, barcode scanning, and improved inventory management in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecasts that general will remain the largest segment over the forecast period due to the expanding need for storage for preparing chemical compounds, particularly speciality chemicals, must be processed in warehouses before being delivered to various end use industries, such as automotive, consumer goods, and retail.
Q7. In warehousing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the supporting government initiatives to build modern warehouses with integrated capabilities such as Web Map Service (WMS) functionality for order fulfilment, barcode scanning, and improved inventory management in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Warehousing Market
6.1.1 Growth Opportunities for the Global Warehousing Market by Product Type
6.1.2 Growth Opportunities for the Global Warehousing Market by Ownership
6.1.3 Growth Opportunities for the Global Warehousing Market by End Use Industry
6.1.4 Growth Opportunities for the Global Warehousing Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the warehousing market by product type (general, refrigerated, and farm products), ownership (private, public, and bonded), end use industry (manufacturing, consumer goods, retail, food & beverages, IT hardware, healthcare, chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to warehousing market or related to warehousing companies, warehousing market size, warehousing market share, warehousing analysis, warehousing market growth, warehousing market research, global warehousing market, warehouse industry statistics, warehouse market analysis, warehousing industry trends, market and industry trends for warehousing, global warehouse market, market warehouse, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
