Warehousing and Storage Market Report by Type of Warehouses (General Warehousing and Storage, Refrigerated Warehousing and Storage, Farm Product Warehousing and Storage), Ownership (Private Warehouses, Public Warehouses, Bonded Warehouses), End-Use (Manufacturing, Consumer Goods, Retail, Food and Beverage, IT Hardware, Healthcare, Chemicals, and Others), and Region 2024-2032

Warehousing and Storage Market Report by Type of Warehouses (General Warehousing and Storage, Refrigerated Warehousing and Storage, Farm Product Warehousing and Storage), Ownership (Private Warehouses, Public Warehouses, Bonded Warehouses), End-Use (Manufacturing, Consumer Goods, Retail, Food and Beverage, IT Hardware, Healthcare, Chemicals, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1133
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Market Outlook 2024-2032:

The global warehousing and storage market size reached US$ 505.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 700.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 505.1 Billion
Market Forecast in 2032
US$ 700.2 Billion
Market Growth Rate 2024-2032 3.5%


Warehouses and storages are required by every business owner for an efficient and smooth set up of the inventory. A warehouse may be defined as a place that is used for the storage or accumulation of finished products, raw materials, semi-finished goods, goods that are imported or exported, etc. There is a need for storing the goods in order to make them available to the end users as and when required. Certain amount of goods are stored at every stage during the value chain of any product. Appropriate arrangements to retail the goods in the right condition are vital for success in marketing. Storage ensures an organization to carry on production in anticipation of demand in the future. Warehouses enable the organization to continue its production throughout the year and to sell their goods, whenever there is sufficient demand. In general, warehouses can be divided into three categories which include general warehousing and storage, farm product warehousing and storage, and refrigerated warehousing and storage.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Market Trends:

The key application sectors of warehousing such as manufacturing, retail, healthcare, construction, automotive, technology, etc. are expected to exhibit continuous growth in the coming years. Moreover, we also expect an increase in demand from the ecommerce sector. Web based shopping has gained popularity and has become a go-to-option for almost all types of customers. The advent of online shopping has created a huge demand of warehousing space in both developed and emerging economies. Furthermore, catalyzed by the rising popularity of frozen foods, the demand of refrigerated warehousing and storage has also been increasing. This can be attributed to the fact that frozen foods are simple to cook, healthy to eat, and easily available in the market. Additionally, recent advancement in the IT and transportation sector are also creating a positive impact on the warehousing and storage market. Increasing use of wearables, sensors, radio frequency identification tags, etc. are also making the storage and transportation of goods more efficient.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global warehousing and storage market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on type of warehouses, ownership and end-use.

Breakup by Type of Warehouses:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • General Warehousing and Storage
  • Refrigerated Warehousing and Storage
  • Farm Product Warehousing and Storage
     

Based on the type of warehouse, the market has been segmented into general warehousing and storage; refrigerated warehousing and storage; and farm product warehousing and storage. General warehousing and storage currently represent the biggest segment.

Breakup by Ownership:

  • Private Warehouses
  • Public Warehouses
  • Bonded Warehouses
     

Based on the ownership, the market has been segmented into private warehouses, public warehouses and bonded warehouses.

Breakup by End-Use:

  • Manufacturing
  • Consumer Goods 
  • Retail 
  • Food and Beverage
  • IT Hardware 
  • Healthcare
  • Chemicals
  • Others
     

Based on the end-use, the market has been segmented into manufacturing, consumer goods, retail, food and beverage, IT hardware, healthcare, chemicals, and others.

Breakup by Region:

Warehousing and Storage Market

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  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America
     

Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.

Competitive Landscape:

The competitive landscape of the market and the profiles of key players have also been covered in this report.

This report provides a deep insight into the global warehousing and storage market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the warehousing and storage market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type of Warehouses, Ownership, End-Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global warehousing and storage market was valued at US$ 505.1 Billion in2023.

We expect the global warehousing and storage market to exhibit a CAGR of 3.5% during 2024-2032.

The rising adoption of warehousing and storage facilities across various industries, such as manufacturing, consumer goods, retail, etc., as they aid in reducing the asset management cost, ensuring timely delivery of finished goods, facilitating smooth production processes, etc., is primarily driving the global warehousing and storage market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of warehousing and storage, owing to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of numerous products and services.

Based on the type of warehouses, the global warehousing and storage market can be segmented into general warehousing and storage, refrigerated warehousing and storage, and farm product warehousing and storage. Among these, general warehousing and storage currently holds the largest market share.

Based on the ownership, the global warehousing and storage market has been bifurcated into private warehouses, public warehouses, and bonded warehouses. Currently, private warehouses exhibit a clear dominance in the market.

Based on the end-use, the global warehousing and storage market can be divided into manufacturing, consumer goods, retail, food and beverage, IT hardware, healthcare, chemicals, and others. Among these, manufacturing accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

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Warehousing and Storage Market Report by Type of Warehouses (General Warehousing and Storage, Refrigerated Warehousing and Storage, Farm Product Warehousing and Storage), Ownership (Private Warehouses, Public Warehouses, Bonded Warehouses), End-Use (Manufacturing, Consumer Goods, Retail, Food and Beverage, IT Hardware, Healthcare, Chemicals, and Others), and Region 2024-2032
Purchase Options Year End sale




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