Warehousing And Storage Market Global Briefing 2018

Warehousing And Storage Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 32 | Published : January 2018

SKU CODE : 2823 | Format :

The Warehousing and Storage industry includes establishments operating warehousing and storage facilities for general merchandize, refrigerated goods and other warehouse products. This industry is further classified as follows – i) General Warehousing and Storage; ii) Specialized Warehousing and Storage iii) Refrigerated Warehousing and Storage

The global warehousing and storage market was estimated to be around $475 billion as of 2017. The global warehousing and storage made up around 8% of the overall transportation services market in 2017. The warehousing and storage market was the fifth largest market in the global transportation services market in 2017.

Rise Of Multi-Story Warehouses
Warehouse operators are now constructing multi-story warehouses in densely populated cities and expensive land spaces. A multi-story warehouse is a warehouse consisting of more than one floor designed to increase the usable floor space per square foot of land. It results in better land utilization rate and enhances operational efficiency. Multi-story warehouses have been successful in densely populated cities predominantly in Asian countries such as China, Japan, Hong Kong and Singapore, due to high land and construction costs, small site areas and limited industrial land availability. Multi-story warehouses in Hong Kong average 12 floors.  Prologis, the world’s biggest warehouse owner, has also started construction to build the first multi-story warehouse in the USA.

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