Global General Warehousing And Storage Market Report 2020 - Opportunities And Strategies, Market Forecast And Trends

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The general warehousing and storage market expected to reach a value of nearly $295.82 billion by 2022, significantly growing at a CAGR of 10.4% during the forecast period. The growth in the general warehousing and storage market is due to the growth in macroeconomic fundamentals such as export-import trade, retail industry, and industrial production index.

The general warehousing and storage market consist of sales of general warehousing and storage services by entities (organizations, sole traders and partnerships) that operate warehousing and storage facilities for general merchandize, refrigerated goods and other warehouse products. These establishments generally handle goods in containers, such as boxes, barrels, and/or drums, using equipment, such as forklifts, pallets, and racks. They are not specialized in handling bulk products of any particular type, size, or quantity of goods or products.

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The global general warehousing and storage market is further segmented based on type and geography.
By Type: Bonded Warehousing, Private Warehousing And Storage, And Warehousing (Including Foreign Trade Zones).
By Geography: The global general warehousing and storage market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-Pacific general warehousing and storage market is the largest region in the global general warehousing and storage market.

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Trends In The General Warehousing And Storage Market
Mobile technologies have gained popularity among warehouse owners as it helps them to perform and track warehouse operations, reduce time consumption and manpower. Mobile technology includes tablets, smartphones, and other handheld devices for communication and information. These devices make use of GPS, RFID, VoIP, digital imaging and voice technology for equipment status, performance and track warehouse operations. These technologies also provide hands-free operations and faster data entry.
General Warehousing And Storage Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides general warehousing and storage market overviews, analyzes and forecasts market size and growth for the global general warehousing and storage market, general warehousing and storage market share, general warehousing and storage market players, general warehousing and storage market segments and geographies, general warehousing and storage market’s leading competitors’ revenues, profiles and market shares. The general warehousing and storage market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.