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With a CAGR of 6.1% between 2017 & 2021 Innovative Warehousing technologies are changing the warehousing ecosystem for good. Is it a feasible solution for long term growth?
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Availability of modern warehousing facilities available in various parts of the country is one of the main factors contributing to the growth of warehousing market in Australia. For instance, creation of smaller hubs has improved the supply chain efficiency by facilitating quick, safe, and timely delivery of goods. These kind of facilities will play a key role in logistics and storage within the Australian Warehousing & Logistics strategy. Other such initiatives include introduction of multi-storey warehouses, and warehouse optimization.
2.Increased Automation due to rising Investment in Newer Technologies is driving the demand for Modern Warehouses in Australia.
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Next generation supply chains in Australia are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.
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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.Our Solutions are driven by qualitative and quantitative evaluation of markets across diverse Sectors and Geographies. We assist clients in their objectives related to market entry, product pricing, Product-fit evaluation, competition benchmarking, forecasting business planning and financial planning.
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