Warehousing and Storage Services in New Zealand - Industry Market Research Report

Piled high: The boost in online retail sales has stacked up demand for industry services

The Warehousing and Storage Services industry plays an integral role in the supply-chain process of raw materials, inputs for production, and finished goods. Warehousing operators primarily provide warehousing and storage services to wholesale trade, manufacturing and transport industries. In recent years, rising demand for value-added services and a shift towards greater supply-chain management have created new revenue growth opportunities for warehousing and storage operators. That's why industry revenue is anticipated to grow at an annualised 3.9% over the five years through 2022-23 to $1.6 billion. Growth is set to slow to an estimated 0.2% in 2022-23, as supply chain disruptions caused by the pandemic ease, reducing the average storage time of goods. Industry operators primarily provide warehousing and storage services. Firms providing self-storage renting or leasing are excluded from the industry. 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.