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Warehousing And Storage Market Report 2023: Latest Insights, Growth Rate, Future Trends And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Warehousing And Storage Global Market Report 2023 identifies big data analytics as a tool to plan and optimise warehouse operations as the major driver for the Warehousing And Storage market's growth in the forecast period. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations, and customer preferences. Big data analyses the location, capacity, and flexibility of warehouses to predict customer requirements. It helps with improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems
The global warehousing and storage market size grew from $660.39 billion in 2022 to $714.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The warehousing and storage market is expected to grow to $950.68 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the Warehousing And Storage market are Deutsche Post AG, Nippon Express Co. Ltd., Glencore International, XPO Logistics Inc., Bunge Limited, Kuehne + Nagel International AG, Prologis Inc., Owens & Minor Inc., Ceva Logistics AG, and Mitsui
A key trend in the Warehousing And Storage market includes Big data analyses. It helps with improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems. This maximises workflow, improves floor utilization, and increases operational efficiencies and ROI.
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The Warehousing And Storage market is segmented -
1) By Type: General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing and Storage
2) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food & Beverage Industry, Healthcare Industry, Other End Users
3) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Warehousing And Storage market.
The Business Research Company's "Global Warehousing And Storage Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Warehousing And Storage Market Include:
1. Executive Summary
2. Report Structure
3. Warehousing And Storage Market Characteristics
4. Warehousing And Storage Market Product Analysis
5. Warehousing And Storage Market Supply Chain
........
22. Key Mergers And Acquisitions In The Warehousing And Storage Market
23. Market Background: Transportation Services Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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