Insights Into The General Warehousing And Storage Market’s Growth Opportunities Through 2023-2032 – Includes General Warehousing And Storage Market Size
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The growth in macroeconomic fundamentals such as export-import trade, retail industry, and industrial production index are expected to drive innovation in general warehousing and storage manufacturing, thus driving the market during the forecast period.
The global general warehousing and storage market is expected to grow from $328.65 billion in 2022 to $354.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The general warehousing and storage market size is expected to grow from $463.11 billion in 2027 at a CAGR of 6.9%.
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Global General Warehousing And Storage Market Segments Include:
- By Type: Bonded Warehousing, Private Warehousing and Storage, and Warehousing (including foreign trade zones)
- By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
- By End User: Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Other End Users
- 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 is the largest region in the global general warehousing and storage market in 2021.
Major Market Players in the general warehousing and storage market include DHL, Kuehne + Nagel, Americold, CEVA Logistics, and Panalpina.
Mobile technologies have gained popularity among warehouse owners as it helps them to perform and track warehouse operations, and reduce time consumption and manpower. Mobile technology includes tablets, smartphones, and other handheld devices for communication and information. These devices make use of GPS, RFID, VoIP, digital imaging, and voice technology for equipment status, performance, and tracking warehouse operations. These technologies also provide hands-free operations and faster data entry.
The General Warehousing And Storage Global Market Report 2023 provides a general warehousing and storage market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The general warehousing and storage market forecast analyzes general warehousing and storage market size, general warehousing and storage market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
General warehousing and storage refer to warehouses that act as storage for goods that will be sold or distributed later. These warehouses are specifically designed for the storage of facilities for general merchandise, refrigerated goods, and other warehouses products.
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