Storage and Warehousing Market Will Grow at 8.52% CAGR to 2019, Forecasts a Global Report

Oct 09, 2015, 04:00 ET from Sandler Research

PUNE, India, October 9, 2015 /PRNewswire/ --

The Global Warehousing and Storage Market Research Analysis 2015 - 2019 report says warehousing provides a wide range of value-added services such as assortment and grading, packaging and labeling, and shipping services.

Complete report on storage and warehousing market spread across 65 pages, analyzing 5 major companies and supported with 31 data exhibits is now available at http://www.sandlerresearch.org/global-warehousing-and-storage-market-research-analysis-2015-2019.html.

According to this research, the storage and warehousing market growth is driven by increased demand for the outsourcing of warehouse services. Vendors in the market provide differentiated value-added services to customers, including packaging and kitting, which is difficult to maintain during in-house warehouse operations. The following companies are the key players in the Global Warehousing and Storage Market: APL, DHL, Genco, Kuehne+Nagel and UPS

Other Prominent Vendors in the market are: ADAMS, Americold, ARROWPAC, Atlanta Service Warehouse, Atlantic Relocation, Atlas Cold Storage, Barrett Distribution, Belacon, Beltmann Integrated, Bradford Global, Brown Integrated Logistics, Burris Logistics, Canal Cartage, Cargoways, Caterpillar, CEVA, China Ocean Shipping, Cimetra Warehousing, Clutch Global, Comet Warehousing, Conard Logistics, Corropack, Conestoga, Crowley, CWC, DAMCO, DC Logistics, DFW Distribution, Diversified Contractors, Dixie Storage, Dothan, DSC, DSV, Dunavant Global, Dupre Logistics, Dupuy Storage, Eagle Shipping, Estafeta USA, Fourway Warehouse, Freight Dynamics, Friendly Public Warehouse, Gateway Distributions, Hanzo Logistics, Jacobson Companies, Javelin Logistics, JBS Logistics, JMC Express, Kenco Logistic Services, Lakeland Moving and Storage, Lanter Distributing, LeSaint Logistics, Lincoln Warehouse, Massood Logistics, McLane Global, Menlo Worldwide Logistics, Miami Warehouse Logistics, Miller Intermodal Logistics, MIQ Logistics, NFI, Nickey Warehouses, NYK Logistics, Ozburn-Hessey, Penske Logistics, Port Logistics Group, Preferred Freezer Services, Ryder, Saddle Creek Logistics Services, Seahorse Express, Shelter Storage USA, SOPAKCO Distribution, Split Oak Logistics Center, Total Warehousing, UniGroup Logistics , UTi Worldwide, Warehouse Services, Warehouse Specialists, Werner Enterprises Dedicated and Logistics, Wincanton, and XPO Logistics. Order a copy of Global Warehousing and Storage: Market Research Analysis 2015-2019 report at http://www.sandlerresearch.org/purchase?rname=44202.

Commenting on the Global Warehousing and Storage Market 2015 - 2019 report, an analyst said: "An increase in adoption of WMS services in warehouses enables the optimization of warehouse operations with efficient inventory management services. Another key trend is the increase in M&A, which will propel demand for warehouse services during the forecast period."

Further, the Global Warehousing and Storage Market 2015 - 2019 report states that the capital-intensive nature of the business is a major hindrance in the growth of the market. Warehouse operations and management require a lot of investment in the business, which also requires a huge workforce.

Segmentation of global warehousing and storage market by type of warehouses: 

  • Farm product warehousing and storage
  • General warehousing and storage
  • Refrigerated warehousing and storage

While a region specific report on US titled "Warehousing and Storage Market in the US 2015-2019 (http://www.sandlerresearch.org/warehousing-and-storage-market-in-the-us-2015-2019.html)" forecasts the US storage and warehousing market to grow at a CAGR of 6.93% during 2015-2019. According to the report, the US is the world's largest economy in terms of GDP. In FY2013, its nominal GDP was valued at $16.77 trillion. In addition, its GDP at purchasing power parity is high across the world. The high economic growth is a result of the growth in industries in the US such as manufacturing, FMCG, IT and electronics, and food and retail. These industries use different kinds of warehousing and storage services in their operations for different business activities. Thus, growth in these end-user segments will increase the demand for warehouses and storage, thereby driving the growth of the market during the forecast period.

Explore more reports on energy and power markets at http://www.sandlerresearch.org/market-research/automotive.

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