Warehousing & Storage

Best Price Guarantee	Publisher	Published Date	SKU
from $129	First Research, Inc.	December, 2024	FRRS19430547

Best Price Guarantee
Price	from $129
Publisher	First Research, Inc.
Published Date	December, 2024
SKU	FRRS19430547

Warehousing & Storage

Brief Excerpt from Industry Overview Chapter:

Companies in this industry operate facilities to store goods and may provide related logistics services. Major companies include Americold, Burris Logistics, Iron Mountain, and Prologis (all based in the US). Other companies include CEVA Logistics (France), DSV (Denmark), GLP (Singapore), and Kuehne + Nagel (Switzerland).

COMPETITIVE LANDSCAPE

Demand for warehousing is driven by the flow of goods through the economy; other demand indicators include industrial production, import volume, and office vacancy rates. The rapid rise in online shopping in markets across the globe, along with expectations for faster and more secure delivery, is significantly increasing demand for warehouse space worldwide.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services include warehousing and storage (70% of industry revenue), handling services for goods (about 20%), packing services for goods (5%), and freight transportation arrangement and customs brokering services (about 5%). Many operators provide contract warehousing services, in which a warehouse is dedicated to a single major customer. Others offer public warehousing services, in which warehouse facilities are shared by customers too small to require dedicated facilities.