General Warehousing & Storage in Canada - Market Research Report (2014-2029)

Boxed up: Greater trade activity will cause a similar uptick in demand for warehousing and storage services

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Revenue for Canadian storage providers has benefited from expanding disposable income amid volatility in manufacturing output. Growth in disposable income has led to more shipments of consumer goods, supporting demand for warehouse space. Storage providers offer short-term public warehousing, long-term contract warehousing and a variety of value-added logistics services. Storage is widely used by businesses across all sectors. In recent years, economic growth has spurred greater demand for storage and warehousing solutions. Also, the spread of COVID-19 increased revenue as supply chain disruptions made it necessary for downstream businesses to store goods. Storage and warehousing revenue is expected to grow at a CAGR of 5.4% to $13.8 billion through the end of 2023, including growth of 1.5% in 2023 alone.

Operators in the Public Storage and Warehousing industry provide public warehousing and storage services. Operators generally use equipment such as forklifts, pallets and racks to handle goods in containers such as boxes, barrels and drums. Industry operators avoid specializing in handling bulk products of any particular type, size or quantity. Companies that rent or lease space for self-storage for consumers are not included in this industry.