Dublin, Dec. 19, 2024 (GLOBE NEWSWIRE) — The “Warehousing and Storage – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Warehousing and Storage was estimated at US$1.2 Trillion in 2023 and is projected to reach US$1.7 Trillion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the warehousing and storage market is driven by several factors, including the rise of e-commerce, technological advancements in warehouse management, and the need for resilient supply chain solutions. A key driver is the increasing demand for fulfillment centers that support same-day or next-day delivery services, particularly in urban areas. The adoption of automation and digital technologies is also enhancing warehouse efficiency, reducing operational costs, and improving service levels.
Additionally, the expansion of cold storage facilities due to the growing demand for temperature-sensitive products, such as pharmaceuticals and fresh produce, is contributing to market growth. These factors, combined with the ongoing development of smart warehouses and sustainable storage solutions, are driving the global warehousing and storage market forward.
How Is The E-commerce Boom Transforming The Warehousing And Storage Market?
The global warehousing and storage market is undergoing a significant transformation, driven primarily by the rapid growth of e-commerce. With the exponential rise in online shopping, particularly in the wake of the COVID-19 pandemic, there is an increasing demand for warehousing solutions that support faster order fulfillment, inventory management, and last-mile delivery.
Modern warehouses are evolving into highly automated facilities equipped with robotics, automated guided vehicles (AGVs), and real-time inventory tracking systems. This shift is enabling e-commerce companies to manage higher volumes of orders, reduce delivery times, and enhance customer satisfaction. As consumer expectations for faster and more reliable delivery continue to rise, the demand for efficient warehousing and storage solutions is expected to grow further.
What Technological Innovations Are Enhancing Warehousing And Storage Operations?
Technological advancements are significantly enhancing warehousing and storage operations, making them more efficient, flexible, and responsive to market demands. Innovations such as warehouse management systems (WMS), artificial intelligence (AI), and machine learning (ML) are optimizing inventory management, order picking, and route planning. The use of robotics and automation, including automated storage and retrieval systems (AS/RS) and drones, is increasing operational efficiency and reducing labor costs.
Additionally, the integration of the Internet of Things (IoT) and blockchain technology is providing greater visibility and traceability across supply chains, improving inventory accuracy and reducing shrinkage. These technological innovations are critical for meeting the needs of modern supply chains that demand speed, accuracy, and flexibility.
How Are Regional Trends And Supply Chain Disruptions Shaping The Warehousing Market?
Regional trends, such as urbanization, infrastructure development, and the growth of e-commerce, are significantly shaping the warehousing and storage market. In regions like Asia-Pacific and North America, the demand for warehousing space is surging due to the expansion of e-commerce and the need for efficient supply chain management.
Supply chain disruptions, such as those caused by the COVID-19 pandemic, have also highlighted the importance of resilient warehousing solutions that can accommodate inventory buffering and ensure business continuity. In Europe, the focus on sustainability is driving the development of green warehouses that incorporate energy-efficient technologies and sustainable building materials. These regional trends and supply chain dynamics underscore the evolving nature of the warehousing market.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as A.P. Moller Maersk AS, APL, C.H. Robinson Worldwide Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $1.2 Trillion |
| Forecasted Market Value (USD) by 2030 | $1.7 Trillion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Warehousing and Storage – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for E-Commerce and Omni-Channel Fulfillment Centers
- Technological Advancements in Warehouse Automation and Robotics
- Increasing Focus on Cold Storage Facilities for Perishable Goods
- Growing Need for Efficient Inventory Management and Real-Time Tracking
- Impact of Urbanization and Infrastructure Development on Warehousing Demand
- Expansion of 3PL and 4PL Services in Supply Chain Optimization
- Growing Adoption of Sustainable and Energy-Efficient Warehousing Solutions
- Impact of Smart Warehousing and IoT-Enabled Storage Solutions
- Rising Investment in Mega-Warehousing Projects for Enhanced Distribution
- Increasing Integration of AI and Machine Learning in Warehouse Operations
- Impact of COVID-19 on Demand for Last-Mile and Same-Day Delivery Warehouses
- Growing Role of Data Analytics in Warehouse Management and Optimization
FOCUS ON SELECT PLAYERS(Total 46 Featured)
- A.P. Moller Maersk AS
- APL
- C.H. Robinson Worldwide Inc.
- CEVA Logistics AG
- Deutsche Bahn AG
- Deutsche Post AG
- DHL
- DSV Panalpina AS
- FedEx Corp.
- Genco
- Kuehne Nagel International AG
- Kuehne+Nagel
- Mitsubishi Logistics
- United Parcel Service of America Inc.
- XPO Logistics Inc.
For more information about this report visit https://www.researchandmarkets.com/r/4vamk1
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- Warehousing and Storage Market
