Global Modern Logistics Warehouse Properties Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Modern Logistics Warehouse Properties Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Modern Logistics Warehouse Properties refers to buildings specially designed for storage, order picking and distribution. Some property landlords lease space to multiple tenants, while larger organizations often have their own facilities tailored to the specific requirements of their products and business processes. There are currently several different types of Modern Logistics Warehouse Properties available including Bulk Distribution, Regional Distribution, Specialty Warehouses and others.

Market Overview:

The latest research study on the global Modern Logistics Warehouse Properties market finds that the global Modern Logistics Warehouse Properties market reached a value of USD 82653.51 million in 2022. It’s expected that the market will achieve USD 138403.81 million by 2028, exhibiting a CAGR of 8.97% during the forecast period.

Rising trends such as the COVID-19 pandemic and the expectation of same-day delivery continue to disrupt established distribution models as manufacturers and other industrial companies demand significantly faster delivery of goods and services.

In turn, companies must rapidly expand their logistics infrastructure to allow them to quickly and efficiently move inventory to where it is needed. However, as warehouse vacancies fell, remaining rents soared. These factors are likely to keep the demand for Modern Logistics Warehouse Properties high for a longer period of time.

Many supply chains are looking to increase inventory levels to prevent stock-outs while COVID-19 persists. Because of this demand, new fulfillment centers are being built, including in several markets, as companies look for available space. More and more manufacturing/industrial companies with logistics real estate needs are turning to commercial real estate services to intelligently select facilities and negotiate effectively with warehouse lease managers.

Drivers

At this stage, the United States is constantly building a unified national market from the aspects of basic system construction and market facility construction. Among them, it is proposed to vigorously develop third-party logistics, support the construction of digital third-party logistics delivery platforms, and promote the innovation of third-party logistics industry technology and business models. The United States is cultivating a group of digital platform companies and supply chain companies with global influence to promote logistics cost reduction and efficiency increase in the whole society.
Over the past decade, Eastern U.S. maritime ports and inland hubs have invested in the necessary infrastructure of new warehouse space to boost and sustain trade volumes and create new economic opportunities and sales tax revenue for their respective states. These ports are likely to be closer to the cargo's final destination and, at least for now, more attractively costly to operate. The recent surge in activity at ports in places like Florida should bode well for future investment returns in these areas, as these states continue to attract more of the U.S. population.
The strength of Modern Logistics Warehouse Properties lies in the industry's ability to provide comprehensive global solutions by integrating 3PL/contract logistics, heavy machinery transportation, and transshipment capabilities. Thus, the high-growth U.S. logistics hub becomes an industrial market on the move.

Region Overview:

In 2022, the share of the Modern Logistics Warehouse Properties market in South USA stood at 36.21%.

Company Overview:

Prologis, Blackstone , GLP were the top 3 players in the Modern Logistics Warehouse Properties market in 2023, taking up a market share of 11.55% together.

Prologis delivers logistics solutions and services at scale, so people can spend more time doing what they love - growing their business. Prologis acquires, develops and maintains the world's largest collection of prime logistics real estate. Prologis' scale and local expertise enhance their leasing, operating and working experience in logistics real estate.

Blackstone serves investors by building the businesses that will power the economy of the future. For nearly 40 years, Blackstone has accurately identified the trends shaping the global economy to invest in industry-leading companies.

Blackstone is the world's largest alternative asset manager with $991B in assets under management. Blackstone serves institutional and individual investors by building strong businesses that deliver enduring value. Blackstone's scale - with more than 12,000 real estate assets and 250 portfolio companies - enables Blackstone to invest in dynamic industries positioned for long-term growth.

Segmentation Overview:

By type, Regional Distribution segment accounted for the largest share of market in 2022.

Bulk Distribution

These buildings (including e-commerce fulfillment centers) are large (250,000 to 1 million square feet), typically single-story structures (shelves and storage systems with ceiling heights of up to 40 feet) and are used to store and distribute goods over wide geographic areas.

Regional Distribution

Regional distribution space is similar in function to bulk distribution centers but smaller due to having to cover a smaller area. Typically, these have lower ceiling heights (28’ or lower). Regional distribution covers over 50% of the U.S. industrial market in 2022.

Specialty Warehouses

Specialty warehouses serves various end markets including manufacturing, refrigeration/cold storage and data centers, and represents approximately 25% of U.S. Modern Logistics Warehouse Properties in 2022.

Others

Others types include various flexible spaces. Hybrid structures that cater for various functions in a single location and can include a mix of warehouse, manufacturing and showroom space, often resemble business parks.

Application Overview:

The market's largest segment by application is the segment 3PL, with a market share of 33.82% in 2022.

3PL

A 3PL (Third-Party Logistics) is a partner or service that helps ecommerce merchants manage their supply chain. Common 3PL services include warehouse and inventory management, order fulfillment, shipping coordination, retail distribution, exchanges, and returns.

E-commerce

The operation of e-commerce companies involves a large number of Internet-based buying and selling of goods and services. As long as the relevant product industries are sold online, they all need the help of e-commerce. Therefore, e-commerce is an indispensable link in many product industries. E-commerce companies have high requirements for warehouse location and logistics route planning.

General Retail & Wholesale

Wholesalers are individuals or companies that sell products in bulk, either directly or through intermediaries, to various points of sale or retailers for subsequent sale. Wholesalers are able to sell their products at lower prices because they sell in bulk, which reduces processing time and associated costs.
A retailer is an individual or company that sells products directly to customers for a profit. A retailer can be the manufacturer of a product, or it can source related products from a distributor or wholesaler. Due to the markup, the price of the product they sell will be higher than that of the wholesaler.

Automotive

The automotive industry includes a wide range of companies and organizations involved in the design, development, manufacture, marketing, sales, repair and modification of motor vehicles. The automotive industry needs to occupy a large amount of storage space and requires professional distribution services. At this time, Modern Logistics Warehouse Properties becomes The first choice for the automotive industry.

Electronics

The sales, wholesale, distribution and warehousing of electronic products are the main service links of Modern Logistics Warehouse Properties, especially the large output and sales volume of electronic products, so there is a large demand for goods storage and distribution centers.

Life Sciences

The life science industry's demand for Modern Logistics Warehouse Properties is concentrated mainly in the fields of medical equipment, pharmaceuticals and related health care products. In particular, some medicines and reagents require special warehouse storage conditions, and there are strict requirements for cold chain transportation or dry environment. At this time, the service provider of Modern Logistics Warehouse Properties can better solve such problems.

Key Companies in the global Modern Logistics Warehouse Properties market covered in Chapter 3:

Prologis
Goodman
Clarion Partners
Blackstone 
Majestic
Industrial Logistics Properties Trust
Mapletree
GLP
First Industrial Realty Trust

In Chapter 4 and Chapter 14.2, on the basis of types, the Modern Logistics Warehouse Properties market from 2018 to 2029 is primarily split into:

Bulk Distribution
Regional Distribution
Specialty Warehouses
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Modern Logistics Warehouse Properties market from 2018 to 2029 covers:

3PL
E-commerce
General Retail & Wholesale
Automotive
Electronics
Life Sciences
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)