Global Storage And Warehouse Leasing Market Analysis 2024, Forecast To 2033
8 Mar, 2024
The storage and warehouse leasing market has witnessed robust growth, surging from $65.39 billion in 2023 to $71.13 billion in 2024, with an 8.8% CAGR. This growth is attributed to factors such as rising demand for e-commerce and pharmaceuticals. Expected to reach $95.94 billion in 2028, with a 7.8% CAGR, the market's expansion will be driven by increasing automation and sustainability initiatives. Key trends include big data analytics and cloud-based management systems.
Global Storage And Warehouse Leasing Market Key Driver
Growth in the storage and warehouse leasing market is fueled by increasing demand for warehousing and storage services. The need for efficient inventory management and logistics solutions drives demand for storage and warehouse leasing. Notably, data from the Office for National Statistics highlights growth in warehousing and storage services, reflecting evolving business needs. This increasing demand for warehousing and storage services is propelling growth in the storage and warehouse leasing market as businesses prioritize efficient supply chain operations.
Get A Free Sample Of The Global Storage And Warehouse Leasing Market ReportGlobal Storage And Warehouse Leasing Market Segments
The storage and warehouse leasing market covered in this report is segmented –
1) Type:Non-Climate Controlled Storage, Climate Controlled Storage
2) Lease Duration:Short-Term Leasing, Long-Term Leasing
3) Application:Retail, Manufacturing, Food Industry, E-Commerce, Pharmaceuticals, Automotive, Other Applications
By Geography: The countries covered in the storage and warehouse leasing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the storage and warehouse leasing market in 2023. The regions covered in the storage and warehouse leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Storage And Warehouse Leasing Industry Players
DHL Supply Chain; CEVA Logistics; Brookfield Business Partners LP; CBRE Group Inc.; Ryder System Inc; XPO Logistics Inc; Prologis Inc.; Colliers International Group Inc.; Public Storage Inc.; Agility Public Warehousing Company K.S.C.P.; Extra Space Storage Inc.; CubeSmart L.P.; Life Storage Inc.; Kenco Group; SEKO Logistics; Global Logistic Properties (GLP); Radius Commercial Real Estate; Lee & Associates Inc.; Storage Asset Management; StorageMart; Central Storage And Warehouse Co; HSA Commercial Real Estate; Geodis (North America); American Warehouses Ltd.; Adwise Realty LLP; Avison Young.
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Storage And Warehouse Leasing Market Overview
Storage and warehouse leasing refers to renting or leasing storage and warehouse facilities to businesses and individuals. It involves the temporary or long-term rental of physical spaces designed to store a wide range of goods and products.