Global Warehousing and Storage Market by Product Types, End-uses, Ownership Types and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The global warehousing and storage market are estimated to expand at a considerable CAGR during the forecast period, from 2020 to 2026. The growth of the market is attributed to the increase in production facilities for various goods worldwide.
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Warehousing is a method of stocking products that are subsequently sold or dispensed. While a relatively small scale business warehouses its goods in a spare room, garage, or even a basement, larger firms commonly rent or own property in an infrastructure which is designed specifically for storage.
Market Trends, Drivers, Restraints, and Opportunities:
- Increase in demand for efficient and safe storage of inventory is estimated to boost the growth of the market.
- Advancements in technology and increased innovation is predicted to facilitate the market growth.
- Expansion of the transportation, retail, medical care, manufacturing, as well as the information technology (IT) sector is anticipated to push the growth of the market.
- Rise in the use of sensors, wearables, and RFID tags is expected to stimulate the market growth.
- Burgeoning growth of the use of click and mortar among the millennials and the increased penetration of online shopping through e-commerce platforms such as amazon.com is predicted to drive the growth of the market.
- Increased adoption of automation across the globe is estimated to boost the growth of the market.
- Growth of the frozen food industry is expected to drive the refrigerated product type segment which includes frozen vegetables, fruits, meat, and others. This, in turn, is predicted to facilitate the growth of the global warehousing and storage market.
- Increased adoption of unmanned aerial vehicles (UAV) or drones for inventory tracking is a key trend that is anticipated to witness a demand in the forecast period.
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Competitive Landscape:
Major companies in the global warehousing and storage market include XPO Logistics Inc., A.P. Moller Maersk AS, United Parcel Service of America Inc., C.H. Robinson Worldwide, Inc., Kuehne Nagel International AG, CEVA Logistics AG, FedEx Corp., Deutsche Bahn AG, DSV Panalpina AS, and Deutsche Post AG. The key players are continuously engaging in various activities such as product launches, mergers & acquisitions, research & development, marketing campaigns, agreements, expansion, collaborations, and alliances to gain market share.
The global warehousing and storage market have been segmented on the basis of
Product Types
- General Products
- Refrigerated Products
- Farm Products
End-uses
- Food & Beverages
- Manufacturing
- Healthcare
- Chemicals
- Consumer Goods
- IT Hardware
- Retail
Ownership Types
- Bonded Warehouses
- Public Warehouses
- Private Warehouses
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Warehousing and Storage Market Overview
- Global Warehousing and Storage Market Analysis and Forecast by Type
- Global Warehousing and Storage Market Analysis and Forecast by Application
- Global Warehousing and Storage Market Analysis and Forecast by Sales Channel
- Global Warehousing and Storage Market Analysis and Forecast by Region
- North Warehousing and Storage Market Analysis and Forecast
- Latin Warehousing and Storage Market Analysis and Forecast
- Europe Warehousing and Storage Market Analysis and Forecast
- Asia Pacific Warehousing and Storage Market Analysis and Forecast
- Middle East & Africa Warehousing and Storage Market Analysis and Forecast
- Competition Landscape
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