Warehousing And Storage Global Market Insights As Per TBRC’s Latest Report


Posted December 27, 2018 by vamshi1

The global warehousing and storage market was valued at around $480 billion in 2017. North America was the largest region in the warehousing and storage market in 2017, accounting for around 28% market share.

 
The Business Research Company’s global warehousing and storage market analysis covers the year-on-year growth of the global warehousing and storage market historic and forecast growth. It also includes chapters on the warehousing and storage market trends, geographical analysis, and competitive landscape.

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The global warehousing and storage market is forecast to grow at a CAGR (compound annual growth rate) of around 8% to 2020.

Warehousing And Storage Market Segmentation

According to TBRC’s global warehousing and storage market research, the market is split by segments into general warehousing and storage, specialized warehousing and storage, and refrigerated warehousing and storage.

General warehousing and storage include establishments operating merchandize warehousing and storage facilities. It includes bonded warehousing, private warehousing and general merchandize warehousing and storage. It is the largest segment with a market share of about 60% of the market share.

Specialized warehousing and storage comprises establishments warehousing and storage facilities for particular categories of goods that need specialized treatment. A main example is farm product bonded warehousing and storage, farm product private warehousing and storage and grain elevators.

Refrigerated warehousing and storage companies operate refrigerated warehousing and storage facilities. These establishments provide services such as blast freezing, tempering and modified atmosphere storage services.

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Specialized Warehousing And Storage had the highest CAGR (compound annual growth rate) of about 10.5% during 2013-2017; this segment is expected to grow at a CAGR of 11.5% during 2017-2021. This market is expected to be driven by increasing demand for frozen food and increasing retail penetration in developing economies.

The global warehousing and storage market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global general warehousing and storage, specialized warehousing and storage, and refrigerated warehousing and storage market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are DHL, UPS, Kuehne + Nagel, CEVA Logistics and Prologis.

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Last Updated December 27, 2018