Warehousing and Storage Market Report 2025

The warehousing and storage market size has grown strongly in recent years. It will grow from $798.45 billion in 2024 to $869.32 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to growing demand for refrigerates warehousing, increased demand for omnichannel model.

The warehousing and storage market size is expected to see strong growth in the next few years. It will grow to $1.15 trillion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing e-commerce industry, growing population, growth of the industrial sector will drive the growth. Major trends in the forecast period include adoption of new technologies such as drone technology for real- time inventory tracking, focus on warehouse automation, focus on warehouse management systems (WMS) are used to manage warehouse operations, including inventory management, order fulfillment and labor management, focus on facility expansions, launching smart warehouse technology, focus on mergers and acquisitions.

The warehousing and storage market is poised for growth, driven by an increasing demand for refrigerated warehousing and storage. Refrigerated facilities are equipped with specialized cooling or refrigeration systems to maintain low temperatures, accommodating temperature-sensitive goods and complying with stringent regulations. This enhances the warehousing process, expands the client base, and ensures the preservation of goods. For example, in July 2022, the Cold Chain Federation, a UK-based association, reported that cold storage capacity in the UK exceeded 40 million cubic meters, marking a 10% increase from 2021 levels. The electricity costs in the cold storage sector also rose from $676 million in 2021 to an estimated $1.33 billion in 2022. Hence, the surging demand for refrigerated warehousing and storage is a key driver for the warehousing and storage market's growth.

Warehousing and storage companies are increasingly leveraging big data analytics to optimize warehouse operations and enhance planning. Big data analytics involves analyzing large datasets to extract valuable insights, uncover hidden patterns, identify market trends, correlations, and customer preferences. This approach aids in assessing warehouse location, capacity, and flexibility to predict customer requirements. It contributes to improved warehouse planning, efficient replenishment, and the establishment of lean supply chains with advanced inventory systems. This, in turn, optimizes workflow, enhances floor utilization, and boosts operational efficiencies and return on investment (ROI). Notable examples include The Clemens Group, a food services provider, utilizing big data forklift fleet management software to monitor vehicle impacts, operator productivity, and equipment utilization. EastPack, one of New Zealand's largest kiwifruit packing houses, employs big data from real-time location systems to minimize supply chain errors and inventory issues. Major companies incorporating big data analytics in warehousing operations include Deutsche Post, DHL Group, United Parcel Service, and Kuehne + Nagel.

Major companies operating in the warehousing and storage market include Deutsche Post DHL Group, GXO Logistics Inc., Kuehne + Nagel International AG, Geodis Group, DSV A/S, Cold Storage Management Services (Pty) Ltd, Docustore Cc, Storall, Nippon Express, GLS Parcel Service, Lidl Great Britain Limited, DB Schenker, Brasfrigo S/A, Mitsubishi Logistics, Combi Logistics, Ryder System Inc., Ukr Trading FZ LLC, GMK Logistics, INDU Logistics, Aldi Stores Limited, Martini Meat S.A. Armazens Gerais, Frialsa, Amazon France Logistique, Sozo Logistics (Pty) Ltd, CJ Logistics, Green Africa Container Depots (Pty) Ltd, Central Consumable Services Cc, LODI, Agility Logistics, Qualianz, Dubai CommerCity, Freedom warehousing and solutions, Bina Global Transport, Verks Global Logistics (VGL), Friozem Armazens Frigorificos Ltda, Fukuyama Transporting Co, Sysco EastTexas Llc, DH warehousing & fulfillment Ltd, G&S Logistics, Ryder Supply Chain Solutions, N B Refrigeration Ice And Cold Storage, AmeriCold Logistics LLC, Belleair Storage, BSC Logistics, Arfrio Armazens Gerais Friogorificos, Lagermax Lagerhaus und Speditions AG, Ridge Logistics, Yusen Logistics, Supply Chain Services, Al-Futtaim Logistics, ProConnect Integrated Logistics, CEVA Logistics, Envoy Networks Prep partners group, Isewan Terminal Service, Superfrio Armazens Gerais Ltda, Comfrio.

Asia-Pacific was the largest region in the warehousing and storage market in 2024. North America was the second largest region in the warehousing and storage market. The regions covered in the warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the warehousing and storage market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The warehousing and storage market includes revenues earned by entities by storing goods for smooth distribution, ensuring the supply chain of goods, managing inventory, and enhancing customer satisfaction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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