Warehousing and Storage Services Market: By Type (General Warehousing and Storage, Refrigerated Warehousing and storage, and Farm Product Warehousing and storage), By Ownership (Private Warehouses, Public Warehouses, and Bonded Warehouses), By End-user (Manufacturing, Consumer Goods, Food & Beverage, Retail, Healthcare, and Others), and Geography

Purchase Option

$ 4400
$ 6600
$ 8900

Warehousing and Storage Services Market size was valued at USD 469.3 billion in 2023 and is poised to grow at a 4.3% CAGR from 2024 to 2030. Warehouse and storage services provide storage for another company or organization for various equipment, vehicles, products, and perishable goods. The warehousing & storage service include inventory control management and distribution. Storage period can be temporary or on a long term based on the type of contract. The growing trend and increasing demand for online business platform and E commerce is expected to increase demand for warehousing and storage services across the globe and also expected to drive the market growth over the forecast period.In addition, increasing demand for manufactured products, processed and frozen food products are expected to fuel the growth of warehousing and storage services market over the forecast period.

Furthermore, the growing need for efficient supply chain management owing to the increased demand for consumer goods is anticipated to further fuel the growth of warehousing & storage service market at a significant rate over the forecast period. However, the high initial cost of real estate and labor along with the growing trend of inhouse warehousing and storage solutions are expected to hold back and hinder the growth of warehousing & storage services market over the forecast period. Moreover, the market players can differentiate themselves by offering specialized services such as temperature-controlled storage, value added services like packaging and labelling are expected to provide opportunities to the market players in the growth of warehousing & storage service market. In addition, the increasing demand for new product types has led to search for new innovative technologies that can help them reduce the complexity and provide them with tools to manage the facility better. Geographically, North America region held the major market share in 2022 and is expected to dominate the global warehousing & storage services market in the forecasted years.

Warehousing And Storage Services Market Key Developments:

In February 2022 - Amazon India leased a 154,000-warehouse facility in Pune for 20 years from Indospace, a real estate and logistics park developer.

Warehousing And Storage Services Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.3%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Warehousing & Storage Services Market Dynamics

The warehousing and storage services market is expected to grow over the forecasted period due to the growing demand for e-commerce business. The increasing trend of online sopping has resulted in increasing demand for efficient and timely delivery of gods to the consumers. This has led to the need for more advanced warehousing and storage solutions, such as real tie inventory tracking, and automated systems in warehousing. Usually, the e-commerce companies often outsource their warehousing and storage needs to third party logistics provider which is expected to drive the market growth at a significant rate over the forecast period.

Warehousing And Storage Services Market Segmentation

By Type
  • General Warehousing & Storage
  • Refrigerated Warehousing & Storage
  • Farm Product Warehousing & Storage
By Ownership
  • Private Warehouses
  • Public Warehouses
  • Bonded Warehouses
By End User
  • Manufacturing
  • Consumer Goods
  • Food & Beverages
  • Retail
  • Healthcare
  • Others

Frequently Asked Questions

Warehousing & Storage Services Market was valued at USD 469.3 billion in 2022 and is expected to grow at a 4.3% CAGR from 2023 to 2029.

Increasing trend of online shopping and growing e-commerce business are expected to drive the growth of warehousing & storage service market.

Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation and Seven years forecast presented from 2023– 2029.

The leading players in the global Warehousing & Storage Services market are XPO Logistics Inc., Ryder System Inc., FedEx Corp, DHL International GmbH, NFI Industries Inc., Aramex International LLC, CEVA Logistics AG, Sino trans Ltd, Omni Logistics LLC, Kerry Logistics Network Ltd, Deutsche Bahn AG, CJ Logistics Corp.

Key Features of the Reports

  • The warehousing and storage services market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.

 

1.Executive Summary
2.Global Warehousing And Storage Services Market Introduction 
2.1.Global Warehousing And Storage Services Market  - Taxonomy
2.2.Global Warehousing And Storage Services Market  - Definitions
2.2.1. Type
2.2.2.Ownership
2.2.3.End User
2.2.4.Region
3.Global Warehousing And Storage Services Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Warehousing And Storage Services Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Warehousing And Storage Services Market  By  Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. General Warehousing & Storage
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Refrigerated Warehousing & Storage
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Farm Product Warehousing & Storage
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Warehousing And Storage Services Market  By Ownership, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Private Warehouses
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Public Warehouses
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Bonded Warehouses
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Warehousing And Storage Services Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Manufacturing
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Consumer Goods
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Food & Beverages
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Retail
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Healthcare
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Others
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8.Global Warehousing And Storage Services Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Warehousing And Storage Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.General Warehousing & Storage
9.1.2.Refrigerated Warehousing & Storage
9.1.3.Farm Product Warehousing & Storage
9.2.  Ownership Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Private Warehouses
9.2.2.Public Warehouses
9.2.3.Bonded Warehouses
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Manufacturing
9.3.2.Consumer Goods
9.3.3.Food & Beverages
9.3.4.Retail
9.3.5.Healthcare
9.3.6.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Warehousing And Storage Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.General Warehousing & Storage
10.1.2.Refrigerated Warehousing & Storage
10.1.3.Farm Product Warehousing & Storage
10.2.  Ownership Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Private Warehouses
10.2.2.Public Warehouses
10.2.3.Bonded Warehouses
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Manufacturing
10.3.2.Consumer Goods
10.3.3.Food & Beverages
10.3.4.Retail
10.3.5.Healthcare
10.3.6.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Warehousing And Storage Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.General Warehousing & Storage
11.1.2.Refrigerated Warehousing & Storage
11.1.3.Farm Product Warehousing & Storage
11.2.  Ownership Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Private Warehouses
11.2.2.Public Warehouses
11.2.3.Bonded Warehouses
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Manufacturing
11.3.2.Consumer Goods
11.3.3.Food & Beverages
11.3.4.Retail
11.3.5.Healthcare
11.3.6.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Warehousing And Storage Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.General Warehousing & Storage
12.1.2.Refrigerated Warehousing & Storage
12.1.3.Farm Product Warehousing & Storage
12.2.  Ownership Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Private Warehouses
12.2.2.Public Warehouses
12.2.3.Bonded Warehouses
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Manufacturing
12.3.2.Consumer Goods
12.3.3.Food & Beverages
12.3.4.Retail
12.3.5.Healthcare
12.3.6.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Warehousing And Storage Services Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.General Warehousing & Storage
13.1.2.Refrigerated Warehousing & Storage
13.1.3.Farm Product Warehousing & Storage
13.2.  Ownership Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Private Warehouses
13.2.2.Public Warehouses
13.2.3.Bonded Warehouses
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Manufacturing
13.3.2.Consumer Goods
13.3.3.Food & Beverages
13.3.4.Retail
13.3.5.Healthcare
13.3.6.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.XPO Logistics, Inc.
14.2.2.Ryder System, Inc.
14.2.3.FedEx Corp
14.2.4.DHL International GmbH
14.2.5.NFI Industries, Inc.
14.2.6.Aramex International LLC
14.2.7.CEVA Logistics AG
14.2.8.Sino trans Ltd
14.2.9.Omni Logistics LLC
14.2.10.Kerry Logistics Network Ltd
14.2.11.Deutsche Bahn AG
14.2.12.CJ Logistics Corp
15. Research Methodology 
16. Appendix and Abbreviations 
  • XPO Logistics, Inc.
  • Ryder System, Inc.
  • FedEx Corp
  • DHL International GmbH
  • NFI Industries, Inc.
  • Aramex International LLC
  • CEVA Logistics AG
  • Sino trans Ltd
  • Omni Logistics LLC
  • Kerry Logistics Network Ltd
  • Deutsche Bahn AG
  • CJ Logistics Corp

Adjacent Markets