India Warehousing Market Competition, Forecast and Opportunities, 2028

India Warehousing Market is anticipated to grow at a robust CAGR in the forecast period.

A warehouse is a building typically used by manufacturers, wholesalers, customs authorities, etc. to store, pack, and prepare products for distribution. The system plays an important role in supply chain management. Furthermore, it is an integral part of modern supply chains, including the processes of sourcing, manufacturing and distributing goods and products. Processing from raw materials to semi-finished products to final products. Not only that but warehousing also becomes very important in regulating the distribution of goods resulting from imbalances in supply and demand. For office requirements, company needs those devices which are used manually, reducing company's operating costs. Because of this, warehouses are created.

Rise of E-Commerce to drive the India Warehousing Market

Demand for warehousing has increased especially after COVID-19 due to rise in E-commerce sales. Compared to pre-pandemic, more people have been observed to shop online, even in Tier II and Tier III cities. Large e-commerce companies are expanding their delivery networks to meet this increased demand. As a result, the demands on shopkeepers are likely to increase. The speed of delivery has become more and more swift. E-Commerce platform Blinkit has a target of 10 minutes for their delivery persons to deliver the items to the customer. Brands are also engaging online with customers whose exposure is limited to offline channels. According to India Brand Equity Foundation (IBEF), India’s E-Commerce Market is expected to reach USD200 billion by 2026 and is expected to propel the India Warehousing Market during the forecast period.

Investment by Uttar Pradesh Government

In 2022, the Government of Uttar Pradesh passed the 'Warehouse Logistics Policy 2022'. Through this policy, the government sees UP becoming an economy of USD1 trillion. The purpose of this policy is to create a strong transportation infrastructure network and improve the existing storage and logistics infrastructure. The policy will also help create a world-class business environment, develop the logistics ecosystem within the state, and contribute to the development of new technologies in a rapidly changing global economy. The policy will also benefit the development of infrastructure facilities such as storage facilities, logistics parks, dry ports and cargo terminals. It will also help transform Uttar Pradesh into a trillion-dollar economy. This shall encourage other state governments to invest in warehouse market and thus, is expected to drive the India Warehousing Market during the forecast period.

Market Segmentation

India Warehousing Market is segmented into type, grade, ownership, infrastructure, end user industry, region and competitive landscape. Based on grade, the market is segmented into A, B and C. Based on ownership, the market is divided into public, private, bonded. Based on infrastructure, the market is further bifurcated into Single Story and Multi-Story. Based on infrastructure, the market is further segmented into Auto & Ancillary, e-commerce, consumer goods & retail, pharmaceutical, and others. Based on region, the market is divided into north, south, west, east.

Market players

Major market players in the India Warehousing Market are Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., Transport Corporation of India Ltd., Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., FIT 3PL Warehousing Private Ltd., JICS Logistics Ltd., Food Corporation of India and Spear Logistics Pvt. Ltd.

Report Scope:

In this report, India Warehousing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

India Warehousing Market, By Type:

• General
• Refrigerated

India Warehousing Market, By Grade:

• A
• B
• C

India Warehousing Market, By Ownership:

• Public
• Private
• Bonded

India Warehousing Market, By Infrastructure:

• Single Story
• Multi-Story

India Warehousing Market, By End User Industry:

• Auto & Ancillary
• E-Commerce
• Consumer Goods & Retail
• Pharmaceutical
• Others

India Warehousing Market, By Region:

• North India
• South India
• West India
• East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Warehousing Market.

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