The Global Warehousing And Storage Market Report by The Business Research Company covers warehousing and storage market drivers and restraints, warehousing and storage market size, major players, and the impact of COVID-19 on the warehousing and storage market.
The warehousing and storage market consists of sales of warehousing and storage services and related goods by entities (organizations, sole traders and partnerships) that operate warehousing and storage facilities for bonded merchandise, general merchandise, refrigerated goods and other warehouse products. Establishments in the warehousing and storage industry generally handle goods in containers such as boxes, barrels, and/or drums, using equipment such as forklifts, pallets, and racks. They are not specialized in handling bulk products of any particular type, size, or quantity of goods or products. The warehousing and storage market is segmented into general warehousing and storage, refrigerated warehousing and storage, specialized warehousing and storage and farm product warehousing and storage.
Many warehousing and storage companies are using big data analytics as a tool to plan and optimize warehouse operations. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations and customer preferences. Big data analyses the location, capacity and flexibility of warehouses to predict customer requirements.
The global warehousing and storage market is expected to grow from $426. billion in 2020 to $447.6 billion in 2021 at a compound annual growth rate (CAGR) of 4%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $627.5 billion in 2025 at a CAGR of 9%.
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Some warehousing and storage market trends include many warehousing and storage companies using big data analytics as a tool to plan and optimize warehouse operations. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations and customer preferences. Big data analyses the location, capacity and flexibility of warehouses to predict customer requirements. It helps in improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems. This maximizes workflow, improves floor utilization and increases operational efficiencies and ROI.
Global warehousing and storage market segments include:
1) By Type: General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing and Storage.
2) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food & Beverage Industry, Healthcare Industry, Others.
Subsegments Covered: Cold Storage, Frozen Storage, Automobile Dead Storage, Bulk Petroleum And Chemical Storage, Document Storage And Warehousing, Whiskey Warehousing, Other Specialized Warehousing And Storage.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global warehousing and storage market share.
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The Warehousing And Storage Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides warehousing and storage market overviews, analyzes and forecasts market size, share, warehousing and storage market players, warehousing and storage market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The warehousing and storage market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Warehousing And Storage Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: APL, DHL, Genco, Mitsubishi Logistics, Kuehne+Nagel.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Warehousing And Storage Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Warehousing And Storage Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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