The demand for warehousing space in Asia has been on a steady upward trajectory, fueled by key factors such as the e-commerce surge, supply chain diversification, rapid urbanization, population growth, infrastructure enhancements, and cutting-edge technological innovations. Leading markets, including China, India, Japan, and Southeast Asia (spanning Singapore, Vietnam, and Malaysia), are experiencing unprecedented growth in warehousing demand, supported by these transformative trends.

Asia-Pacific Logistics Rentals on the Rise
Makreo Research reports a significant uptick in logistics market rentals across the Asia-Pacific region. Indian cities like Bengaluru and the Delhi-NCR region ranked among the top 10 for logistics market growth in the first half of 2023. India is projected to lead the region's warehousing market with over 30 million square feet of warehouse space expected to be added in 2023, accounting for more than one-third of the region's total additions.

In Southeast Asia, logistics rents have also grown substantially, with Manila recording the highest annual rental increase of 49.3% year-over-year (YoY), driven by e-commerce expansion. Additionally, the adoption of the China+1 strategy has propelled institutional-grade facilities across Southeast Asia, catalyzing manufacturing growth in the region.

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India Warehousing and Cold Chain Market Size and Forecast (2018-2030)
https://www.makreo.com/report/india-warehousing-cold-chain-market-size-forecast-2018-2030

India’s Warehouse Market: A Growth Powerhouse Towards 2030:
India's warehouse market is robustly growing, driven by rising demand for general, refrigerated, and specialized storage spaces. The country's manufacturing sector, complemented by advancements in high-tech production, aligns seamlessly with Southeast Asia's GDP growth goals.

By 2030, the Indian warehousing sector is set to achieve remarkable milestones:
• Market size estimated at INR 1,744.29 billion in 2023.
• Nearly 40% of organized warehouses transitioning to smart warehouses by 2030, embracing automation and efficiency enhancements.

India's Warehousing, Industrial, and Logistics (WIL) sector is integral to achieving the country's USD 5 trillion economic ambition. Post-pandemic shifts have spurred the rise of efficient and automated warehouses, setting a precedent for the sector's future evolution.

Key Drivers of Investment in India’s Warehousing Market

Modern Facilities and Advanced Technology:
India’s Tier 1 cities are witnessing a surge in demand for technologically advanced Grade A warehouses. These facilities integrate automation, robotics, IoT, and RFID systems, boosting operational efficiency and optimizing supply chains.

Expansion into Tier 2 and Tier 3 Cities:
Beyond Tier 1 cities, Tier 2 and Tier 3 regions are emerging as high-potential markets, driven by e-commerce and third-party logistics (3PL) firms seeking high-quality warehousing solutions. Investors are increasingly tapping into these underserved regions to maximize returns.

Strategic Location and Infrastructure:
India’s warehousing hubs benefit from proximity to key highways, ports, and airports. Enhanced connectivity reduces transportation costs and ensures reliable supply chains, making the country an attractive investment destination.

Specialized Facilities and Cold Storage Demand:
Growing sectors like agriculture, food processing, and pharmaceuticals have created a rising need for specialized facilities like cold storage warehouses. This trend is set to accelerate further, with cold storage capacity projected to grow at a 3.4% CAGR by 2026.

Spotlight on India’s Logistics Market: Notable Developments:
Rising Rentals and Strategic Growth
The e-commerce boom and manufacturing sector growth have driven rental increases in key hubs:
• Bengaluru: 7% YoY increase.
• Delhi-NCR: 6.6% YoY increase.
• Mumbai: 4-6% YoY growth.

In Asia-Pacific logistics rankings, Bengaluru and Delhi-NCR secured 6th and 8th positions, respectively, with monthly rents rising to INR 21.50 per square foot in Bengaluru and INR 20.20 per square foot in Delhi-NCR.

• Maersk's Advanced Cold Storage Facility in Gujarat:
A.P. Moller-Maersk announced a state-of-the-art cold storage facility in Gujarat, featuring 14,700 pallet positions and eco-friendly ammonia refrigeration technology with zero global warming potential.

• Net-Zero Cold Storage Solutions Revolutionizing the Industry:
BOOTES, India’s first Net-Zero company, has collaborated with CargoPeople to deliver revolutionary Net-Zero Cold Storage systems, aiming to reduce food waste from 40% to 5% over the next decade. These solutions promise 50% greater energy efficiency, setting new benchmarks in sustainable logistics.

Challenges in the Cold Storage Sector:
Despite the growth, the industry faces significant challenges:
• Inefficient Layouts: Poor space utilization increases costs by up to 25%.
• Inventory Discrepancies: Leading to 30% lost sales and 10-15% higher operational costs.
• Technology Adoption Gaps: 35% of warehouses still use outdated systems, affecting efficiency.

Market Dominance and Unorganized Sector
India’s warehousing capacity stands at 160 million tonnes, with the private sector managing 30%. However, the cold storage market remains fragmented, with 80% dominated by unorganized players, underscoring the need for consolidation and modernization.

Top Warehousing Players in India
• A.P. Moller-Maersk
• Warehousing Express Logistics Pvt. Ltd.
• Snowman Logistics Ltd.
• Mahindra Logistics
• Central Warehousing Corporation

The report provides a comprehensive analysis of the India Warehousing and Cold Chain Market (2018-2030), examining market segmentation by structure (traditional, automated, temperature-controlled), services (storage, transportation, inventory management), and ownership models (logistics companies, manufacturers, 3PL providers). It highlights warehouse sizes, key industry verticals (e-commerce, retail, pharmaceuticals), and geographical distribution across major cities. The study emphasizes technology integration like WMS and automation, along with government initiatives, emerging trends, and competitive dynamics.

Detailed forecasts reveal growth opportunities driven by e-commerce expansion, advanced technologies, and rising demand for temperature-sensitive storage, offering actionable insights for investors, policymakers, and industry leaders.

To Know More:
https://www.makreo.com/report/india-warehousing-cold-chain-market-size-forecast-2018-2030

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