Logistics Warehousing Service Market 2023 Driving Factors Forecast Research 2029

Global logistics warehousing service market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period (2023-2030). Due to the expanding global adoption of online payments and the increasing prevalence of internet users. E-commerce logistics involves services such as warehousing, transportation, value-added services, and packaging services. Due to the advancement of digital technology, the demand for e-commerce logistics has expanded across a wide range of applications. The key drivers of online business include increasing cross-border e-commerce and the growing number of internet users, particularly in developing nations. As online shopping becomes more common, the demand for efficient e-commerce warehousing services grows tremendously. While some organizations may attempt to manage order fulfillment and warehouse operations in-house, doing so necessitates a high level of knowledge, resources, and overhead costs. As a result, the best approach is to outsource storage and order fulfillment activities to a reputable service provider. This assists firms in storing and shipping products in a cost-effective and timely manner. 

Companies have been focusing on managing their e-commerce business with involvement in various partnership programs. For instance, in November 2022, CEVA Logistics signed a multi-year contract extension with ASOS to manage e-commerce fulfillment, warehousing, as well as inbound and outbound services. The fulfillment center is nearly fully automated and equipped with cutting-edge technology, such as automated inbound processing, automated storage and retrieval, goods-to-person stations, pocket sorters, induct stations, an additional parcel sorter, a dynamic buffer, and a vast network of conveyors. From a specialized control center, CEVA's professionals supervise the entire procedure. These solutions enable CEVA and ASOS to dramatically shorten fulfillment times while improving employee working conditions.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type
By Ownership
End-User Industry

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- NFI Industries, Inc., XPO Logistics, Inc., DHL International GmbH, Ryder System, Inc., an

 Logistics Warehousing Service Market Report Segment

By Type

General Warehousing and Storage
Refrigerated Warehousing and Storage
Farm Product Warehousing and Storage

By Ownership

Private Warehouses
Public Warehouses
Bonded Warehouses

By End-User Industry

Manufacturing
Consumer Goods
Food and Beverage
Construction
Healthcare
Other (Chemicals, Defense)

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Logistics Warehousing Service Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

DHL International GmbH
AmeriCold Logistics LLC
FedEx Corp
Lineage Logistics Holding LLC
APM Terminals BV
DSV Panalpina AS
Kane Is Able Inc.
MSC - Mediterranean Shipping Agency AG
C.H. Robinson Worldwide, Inc.
Schneider National, Inc.
A.P. Moller - Maersk
DSV A/S
Mitsubishi Logistics America Corp.
Moduslink Corp.
Kuehne + Nagel International AG
Rakuten Super Logistics
XPO Logistics, Inc.
NFI Industries, Inc.     
Ryder System, Inc.    
UPS Supply Chain Solutions (SCS)

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