Public Warehousing

Public Warehousing

Global Public Warehousing Market to Reach US$243.1 Billion by 2030

The global market for Public Warehousing estimated at US$187.2 Billion in the year 2023, is expected to reach US$243.1 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2023-2030. General Public Warehousing, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$159.9 Billion by the end of the analysis period. Growth in the Specialized Public Warehousing segment is estimated at 4.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$51.0 Billion While China is Forecast to Grow at 7.1% CAGR

The Public Warehousing market in the U.S. is estimated at US$51.0 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$50.8 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.3% and 2.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.0% CAGR.

Global Public Warehousing Market - Key Trends and Drivers Summarized

Public warehousing provides businesses with flexible and cost-effective storage solutions by offering shared warehouse space on a short- or long-term basis. These facilities are typically operated by third-party logistics providers (3PLs) and cater to a variety of industries, including retail, manufacturing, and e-commerce. Public warehouses offer a range of services beyond basic storage, such as inventory management, order fulfillment, cross-docking, and value-added services like packaging and labeling. This flexibility allows businesses to scale their storage needs according to demand without the need for significant capital investment in their own warehousing infrastructure.

Technological advancements have significantly enhanced the efficiency and capabilities of public warehousing. Modern warehouses are equipped with advanced warehouse management systems (WMS) that provide real-time tracking of inventory, optimize space utilization, and streamline operations. Automation technologies, such as robotics and automated guided vehicles (AGVs), are increasingly being used to improve the speed and accuracy of order picking and fulfillment processes. Additionally, the integration of Internet of Things (IoT) devices and sensors allows for better monitoring of environmental conditions, ensuring the safe storage of sensitive products. These technological improvements not only enhance operational efficiency but also reduce costs and improve service levels for clients.

The growth in the public warehousing market is driven by several factors. The rapid expansion of e-commerce and the increasing complexity of supply chains are major drivers, as businesses seek flexible and scalable storage solutions to meet fluctuating demand. Technological advancements in warehouse management and automation are also contributing to market growth by improving efficiency and reducing operational costs. The rise of omnichannel retailing, which requires seamless integration of online and offline sales channels, has further increased the demand for sophisticated warehousing solutions. Additionally, the globalization of trade and the need for efficient distribution networks are driving the adoption of public warehousing services. These factors, combined with the ongoing trend towards outsourcing logistics functions to specialized providers, are expected to sustain the growth of the public warehousing market in the coming years.

Select Competitors (Total 86 Featured) -

• Agility Public Warehousing Company K.S.C.P.
• CEVA Logistics
• CWI Logistics
• DHL International GmbH
• GEODIS SA
• Kenco
• LEGACY Supply Chain Services
• NFI Industries Inc.
• Palisades Logistics
• Penske Logistics
• PiVAL International Inc.
• Ryder System, Inc.
• States Logistics Services, Inc.
• The Junction, LLC
• Wincanton PLC;

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.