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General Warehousing And Storage Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The General Warehousing And Storage Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected General Warehousing And Storage Market Size During the Forecast Period?
The general warehousing and storage market has shown strong growth in recent years. It will grow from $395.41 billion in 2024 to $429.22 billion in 2025, at a compound annual growth rate (CAGR) of 8.5%. This expansion can be attributed to industrialization and urbanization, global trade expansion, e-commerce, the evolution of supply chains, regulatory compliance, and economic growth.
The general warehousing and storage market is forecasted to expand significantly, reaching $563.09 billion by 2029 with a CAGR of 7.0%. Growth is attributed to supply chain flexibility, increased use of robotics, green storage initiatives, and efficient last-mile delivery. Trends involve smart warehousing tech, scalable design, multichannel distribution, and collaborative storage models.
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What Are the High-Growth Segments in the General Warehousing And Storage Market?
The general warehousing and storage market covered in this report is segmented -
1) By Type: Bonded Warehousing, Private Warehousing and Storage, and Warehousing (including foreign trade zones)
2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
3) By End User: Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Other End Users
Subsegments:
1) By Bonded Warehousing: Customs Bonded Warehousing, Duty-Free Warehousing, Public Bonded Warehousing
2) By Private Warehousing And Storage: On-Site Private Warehousing, Off-Site Private Warehousing, Company-Owned Storage Facilities
3) By Warehousing: Public Warehousing, Foreign Trade Zone Warehousing, Distribution Centers
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What Key Drivers Are Expected to Influence Future General Warehousing And Storage Market Growth?
Growth in the general warehousing and storage market is driven by improvements in macroeconomic indicators such as retail industry growth, export-import trade, and industrial production. For instance, in September 2023, the National Bureau of Statistics of China reported a 5.10% increase in industrial production in July 2024, which boosts demand for warehousing services to store finished goods. As a result, the growth in industrial production is driving the growth of the general warehousing and storage market.
Which Companies Hold the Largest Share Across Different General Warehousing And Storage Market Segments?
Major companies operating in the general warehousing and storage market include DHL International GmbH, Kuehne + Nagel International AG, Americold Realty Trust Inc., CEVA Logistics AG, Panalpina Welttransport (Holding) AG, Prologis Inc., Lineage Logistics Holdings LLC, CWT Limited, XPO Logistics Inc., GXO Logistics Inc., NFI Industries Inc., Ryder System Inc., DSV Panalpina A/S, SSI Schaefer LLC, Whirlpool Corporation, Saddle Creek Logistics Services LLC, APL Logistics Ltd., Jacobson Companies Inc., Kane Is Able Inc., Leggett & Platt Inc., Radial Inc., GEODIS S.A., Rhenus Group, ID Logistics S.A., Fulfillment Centers Inc., Verst Group Logistics Inc., Symbia Logistics LLC, Atlanta Bonded Warehouse Corporation, The Suddath Companies
What Are the Latest Developing Trends in the General Warehousing And Storage Market?
Mobile technologies are becoming increasingly popular among warehouse owners as they help streamline operations, track performance, and reduce labor costs. In June 2023, IAM Robotics introduced Lumabot, an automated solution that uses the company's new Meet Me technology to coordinate humans and robots in warehouses. The system helps improve productivity, reduce risks, and scale operations without increasing headcount.
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What Are the Emerging Geographies for The General Warehousing And Storage Market Growth?
The countries covered in the general 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the General Warehousing And Storage Market?
2. What is the CAGR expected in the General Warehousing And Storage Market?
3. What Are the Key Innovations Transforming the General Warehousing And Storage Industry?
4. Which Region Is Leading the General Warehousing And Storage Market?
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