Global Forklift Truck Market

A forklift truck refers to a powered industrial truck that consists of a small truck frame with a front-facing assembly for lifting and carrying the load. These trucks are used to lift and move objects over short distances. Forklifts are available in different specifications as per their weight carrying capacity and the requirements of the place of use, and may or may not require a driver for them to be operated. The main product types in the forklift truck market are counterbalance, warehouse. The counterbalance forklifts are used to lift a wide range of weights, ranging from 1.8 t to 48 t. It refers to a forklift that has a heavy counterweight to offset the load that is being carried in the front. The different technologies include electric power and IC engines, and they are available in various classes such as class I, class II, class III, class IV, and class V. It is employed in retail and wholesale, logistics, automotive, the food industry, and other end users. The forklift truck market research report is one of a series of new reports from The Business Research Company that provides forklift truck market statistics, including forklift truck industry global market size, regional shares, competitors with a forklift truck market share, detailed forklift truck market segments, market trends and opportunities, and any further data you may need to thrive in the forklift truck industry. This forklift truck market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global forklift truck market size grew from $56.56 billion in 2022 to $62.16 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The forklift truck market size is expected to grow to $89.74 billion in 2027 at a CAGR of 9.6%. The growing construction industry is expected to propel the growth of the forklift truck market going forward. Construction refers to the building of residential, commercial, industrial, institutional, and infrastructure types of construction. These forklift trucks are used in the construction industry for various tasks such as unloading pallets of blocks or bricks, steel joists, and construction equipment and materials, especially in hauling them from the delivery truck and carrying them to the construction site. For instance, according to the Office of National Statistics UK, the monthly construction output increased by 3.5% in volume in November 2021. Also, according to Invest India, an India-based national investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. Therefore, the growing construction industry is driving the growth of the forklift truck market. New product innovations have emerged as the key trend gaining popularity in the forklift truck market. Major companies operating in the forklift truck sector are focused on developing new technological advancements to increase their market share. For instance, in April 2020, Toyota Material Handling, a subsidiary of Toyota Industries, a Japan-based manufacturer of automobiles, launched electric forklifts that are designed by using unique alternating current (AC) motors that help to control overall energy and operational costs for superior operability. They have a capacity of 3,000 and 3,500 pounds each to increase productivity. In comparison to earlier models, this electric forklift truck can travel and lift objects at speeds that are up to 27% faster and has a runtime that is up to 12% longer. In July 2022, Alta Group, a US-based provider of industrial forklifts, acquired Yale Industrial Trucks for an undisclosed amount. This transaction opens up new overseas markets for Alta's business while connecting its current U.S. regions. The purchase of YIT is in line with Alta's expansion strategy, which involves entering new areas that have significant prospects to extend the scope of Alta's operations. Yale Industrial Trucks is a Canada-based manufacturer of materials handling and warehouse lift equipment including forklifts, narrow aisle trucks and motorized hand trucks. Major players in the forklift truck market are Anhui HELI Co.Ltd., Crown Equipment Corporation, Godrej & Boyce Mfg. Co. Ltd., Hangcha Group Co. Ltd., Hyster-Yale Materials Handling Inc., Jungheinrich AG, Kion Group AG, Komatsu Ltd., Mitsubishi Logisnext Co. Ltd., Toyota Industries Corporation, Clark Material Handling Company, Combilift Ltd., Doosan Industrial Vehicle, EP Equipment, Hyundai Heavy Industries Co. Ltd., Lift Technologies Inc., Linde Material Handling, Lonking Machinery Co. Ltd., The Raymond Corporation, and UniCarriers Americas Corporation. Asia-Pacific was the largest region in the forklift truck market in 2022. The regions covered in the forklift truck market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the forklift truck market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The forklift truck market consists of sales of forks, tilt cylinder, side shift lever, tilt lever, and more. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global forklift truck market is segmented - 1) By Product Type: Counterbalance, Warehouse 2) By Technology: Electric Power, Internal Combustion Engine 3) By Class: Class I, Class II, Class III, Class IV, Class V 4) By End-User: Retail and Wholesale, Logistics, Automotive, Food Industry, Other End Users

A point-of-sale terminal is a type of computerized replacement for a cash register that requires a card PIN to enter to complete the transaction and thus processes debit and credit cards. It is a secure method of payment as it eliminates the user errors that can occur during a transaction. Point-of-sale terminal is used to accept payment and keep track of sales. The main types of point-of-sale terminals are mobile and fixed. Mobile refers to a small hand-held device that has a display screen with touch input and a QWERTY keyboard and may provide users with telephony capabilities. The various components involved are hardware, software, and service. The various technologies involved are biometric, and traditional POS operated by windows, Linux, and mac applied in restaurants, hospitality, healthcare, retail, warehouse, entertainment, and other applications. The point-of-sale terminal market research report is one of a series of new reports from The Business Research Company that provides point-of-sale terminal market statistics, including point-of-sale terminal industry global market size, regional shares, competitors with a point-of-sale terminal market share, detailed point-of-sale terminal market segments, market trends and opportunities, and any further data you may need to thrive in the point-of-sale terminal industry. This point-of-sale terminal market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry The global point-of-sale terminals market size grew from $89.06 billion in 2022 to $97.6 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The point-of-sale terminals market size is expected to grow to $140.39 billion in 2027 at a CAGR of 9.5%. The increasing demand for contactless and cashless payments is expected to propel the growth of the point-of-sale terminal market going forward. Cashless and contactless payments refer to a payment method that does not involve cash for payment, which is a type of computerized replacement for a cash register. Point of sale terminals accept payments through cards and make cashless purchases possible. For instance, in June 2022, according to India Brand Equity Foundation, an Indian government export promotion agency, contactless transactions accounted for 25% in the year 2020, of all supermarket transactions, which increased to 31% by 2022. Therefore, increasing demand for contactless and cashless payments is driving the point-of-sale terminal market. Technological advancement is a key trend gaining popularity in the point-of-sale terminal market. Major companies operating in the point-of-sale terminal market are introducing various technological innovations to sustain their position in the point-of-sale terminal market. For instance, in September 2021, PAX Global Technology, a Chinese manufacturer of payment terminals, PIN pads, and point of sale hardware and software, launched android payphones in Amsterdam. These payphones are smartphones with unique features like the built-in point-of-sale technology and are innovative alternatives for acquiring banks and payment services. In November 2020, Worldline, a France-based payment, and transactional services company acquired Ingenico for a deal value of $8.5 billion. This acquisition is expected to help Worldline to join the international league of payment leaders as it has given the company a global footprint. Ingenico is a France-based payment service provider company operating in the point-of-sale terminals market. Major players in the point-of-sale terminals market are Samsung Electronics Co. Ltd., NEC Corporation, Panasonic Holdings Corporation, Toshiba Corporation, Hewlett-Packard Development Company L.P., PAX Technology Limited, NCR Corporation, Xenial Inc., AURES Group, HM Electronics Inc., Toshiba Corporation, Diebold Nixdorf, Ezetap Mobile Solutions Pvt. Ltd., BBPOS, and Hintel Technology. Asia-Pacific was the largest region in the point-of-sale terminals market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in point-of-sale terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the point-of-sale terminals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The point-of-sale terminal market consists of revenues earned by entities by providing self-service terminals, legacy software and cloud computing terminals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global point of sale terminals market is segmented - 1) By Product: Mobile, Fixed 2) By Component: Hardware, Software, Service 3) By Technology: Biometric, Traditional 4) By Operating System: Windows, Linux, MAC 5) By Application : Restaurants, Hospitality, Healthcare, Retail, Warehouse, Entertainment, Other Applications

The warehouse execution system refers to a software application that optimizes facility management that integrates with a warehouse management system (WMS), an enterprise resource planning system (ERP) to manage and direct physical work processes. The warehouse execution system is used to maximize productivity, optimize inventory, increase accuracy, and improve safety. The main types of components of the warehouse execution system are software and service. Software refers to programs that run on computers and perform specific functions. The deployment models are on-premises, and cloud used by consumer electronics, healthcare, food and beverages, automotive, third-party logistics (3PL), and other end users. The warehouse execution systems market research report is one of a series of new reports from The Business Research Company that provides warehouse execution systems market statistics, including warehouse execution systems industry global market size, regional shares, competitors with a warehouse execution systems market share, detailed warehouse execution systems market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse execution systems industry. This warehouse execution systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global warehouse execution system market size grew from $1.62 billion in 2022 to $1.85 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The warehouse execution system market size is expected to grow to $3.1 billion in 2027 at a CAGR of 13.8%. The rising growth of the e-commerce sector owing to the pandemic propels the growth of the warehouse execution system market. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. A warehouse execution system helps E-commerce by managing, optimizing, and directing the physical work processes such as picking, receiving, and replenishment in a warehouse or distribution center. For instance, according to the US Department of Commerce, the executive department of the U.S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the rising growth of the e-commerce sector owing to the pandemic is driving the growth of the warehouse execution system market. Technological advancements are the key trends gaining popularity in the warehouse execution system market. Major companies operating in the warehouse execution systems sector are focused on developing new technologies to strengthen their position in the warehouse execution systems market. For instance, in April 2020, UPS Supply Chain Solutions, a US-based transport, and logistics company, and Softeon, a global warehouse management company, launched warehouse network technology designed to make distribution centers smarter and more efficient. In order to ensure that consumers receive their orders on time, the new warehouse execution system (WES) is expected to enable quicker order intake and fulfillment. The unique features of the warehouse execution system (WES) such as the real-time monitoring of capacity, fulfillment needs, backlogs, and labor status by the WES make it possible to spot and address potential problems before they happen. Robotics and other unique automation technologies integrated into the system will assist in achieving such objectives. In March 2021, National Professional Planning Group, Inc., a US-based financial services company engaged in employee benefits, retirement planning, actuarial consulting, and fiduciary services, acquired Vargo Company for an undisclosed amount. The acquisition aims to strengthen NPPG’s growth and expansion initiative to be the fastest growing and most versatile employee benefits firm. Vargo is a US-based, automation machinery manufacturing company engaged in the development of a warehouse execution system. Major players in the warehouse execution system market are Softeon, Westfalia Technologies Inc., Fortna Inc., Honeywell International Inc., Manhattan Associates Inc., Matthews Automation Solutions, Bastian Solutions LLC, SSI Schaefer Group, Invata Intralogistics, Tompkins International, Zethcon Corporation, Infor, BluJay Solutions, PTC Inc and Swisslog. Western Europe was the largest region in the warehouse execution system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the warehouse execution system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The warehouse execution system market consists of revenues earned by entities by providing ERP module, standalone system and supply chain module. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global warehouse execution system market is segmented - 1) By Component: Software, Service 2) By Deployment: On-Premises, Cloud 3) By End User: Consumer Electronics, Healthcare, Food And Beverages, Automotive, Third-Party Logistics (3PL), Other End Users

Smart and mobile supply chain solutions refer to an intelligent supply chain management system which is self-organizing and self-improving and is employed in the development of systems that enable total business visibility, supply synchronization, and inventory optimization in response to demand and manufacturing. The smart and mobile supply chain solutions are used to generate information flow and decision-making across various supply chain partners. It also relates to the use of mobile applications and devices to enhance supply chain activities and, as a result, help businesses save money, improve supply chain responsiveness, and gain a competitive advantage. The main smart and mobile supply chain management solutions include transportation management systems (TMS), warehouse management systems (WMS), sourcing and procurement, supply chain planning (SCP) and manufacturing execution systems (MES). Transportation management systems are technology-based logistics platforms which help businesses in organizing, carrying out, and optimizing the actual movement of products. The enterprise sizes for smart and mobile supply chain management solutions include small and medium enterprises and large enterprises. The different end-users of smart and mobile supply chain management solutions include retail and consumer goods, IT and telecom, manufacturing, BFSI, government, energy and utilities, healthcare, transportation and logistics and other end-users. The smart and mobile supply chain management solutions market research report is one of a series of new reports from The Business Research Company that provides smart and mobile supply chain management solutions market statistics, including smart and mobile supply chain management solutions industry global market size, regional shares, competitors with a smart and mobile supply chain management solutions market share, detailed smart and mobile supply chain management solutions market segments, market trends and opportunities, and any further data you may need to thrive in the smart and mobile supply chain management solutions industry. This smart and mobile supply chain management solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global smart and mobile supply chain solutions market size grew from $19.97 billion in 2022 to $22.17 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smart and mobile supply chain solutions market size is expected to grow to $34.22 billion in 2027 at a CAGR of 11.5%. The increasing adoption of 5G networks is expected to drive the smart and mobile supply chain solutions market. 5G is the 5th generation mobile network for higher speed and responsiveness of wireless networks. With increased 5G network speed, bandwidth, and lower latency, there is better supply chain connectivity, and stakeholders have a quicker and better-connected experience across the supply chain. According to a 2022 study conducted by Verizon, a US-based telecommunications company, and Incisiv, a US-based consumer industry insights company, the overall 5G adoption stands at about 13%, which is expected to triple by 2024. Therefore, the increasing adoption of 5G networks drives the market for smart and mobile supply chain solutions. The advancement in technology is the key trend gaining popularity in the smart and mobile supply chain solutions market. Companies in the market are focusing on integrating different technologies such as blockchain into smart and mobile supply chain solutions to increase transparency and improve efficiency. For instance, in April 2021, Honeywell International Inc., a technology and engineering company, launched a suite of improved supply chain software incorporating digital disruptors to offer a strong solution to assist businesses in achieving their need for increased efficiencies and better customer experiences. The software is installed on ruggedized mobile computers from Honeywell, including the Mobility Edge platform's Honeywell CT40, CT40XP, CT60, CT60XP, CN80, CN80G, CK65, RT10A, and Thor VM1A and VM3A. Both managers and employees can see the entire operation in real time. Managers can make automated data-driven decisions on the fly using machine learning insights to help solve and keep problematic situations from happening. The suite includes Fareye, Honeywell Operational Intelligence, and Honeywell Smart Talk. In April 2022, MHS Global, a US-based material handling automation technology company, merged with Fortna, a US-based software and solutions provider for warehouse, and distribution, to form a multinational company that will provide parcel, warehouse and distribution and lifecycle services. In addition to each company's significant industry ties, the combination of MHS's automation technology and Fortna's operational optimization software satisfies the demand for end-to-end logistics solutions. Customers will benefit from the breadth and depth of both companies' offerings, which include industry-leading capabilities in the parcel, cross-docking, conveyance, and sortation solutions, as well as industry-leading orchestration and optimization software and unique operational designs that leverage advanced automation to drive greater efficiencies and cost savings. Major players in the smart and mobile supply chain solutions market are SAP SE, Oracle Corporation, JDA Software Group Inc., Manhattan Associates Inc., Epicor Software Corporation, IBM Corporation, Infor Global Solutions Inc., GT Nexus Inc., Kewill Systems PLC., Descartes Systems Group Inc., Blue Yonder Group Inc., Vanguard, Salesforce, E2open LLC, Dassault System. North America was the largest region in the smart and mobile supply chain solutions market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart and mobile supply chain management solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart and mobile supply chain management solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart and mobile supply chain solutions market consists of revenues earned by entities by providing connected supply chain management and connected analytics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global smart and mobile supply chain solutions market is segmented - 1) By Solution: Transportation Management Systems (TMS), Warehouse Management Systems (WMS), Sourcing and Procurement, Supply Chain Planning (SCP), Manufacturing Execution Systems (MES) 2) By Enterprise Size: Small and Medium Enterprises, Large Enterprises 3) By End-User: Retail and Consumer Goods, IT and Telecom, Manufacturing, BFSI, Government, Energy and Utilities, Healthcare, Transportation and Logistics, Other End-Users

Warehousing and storage refer to the act of storing items that will be sold or distributed later as well as the act of storing physical commodities or inventory in a warehouse and storage facilities for bonded merchandise, general merchandise, refrigerated goods, and other warehouse products. The main types in the warehousing and storage market are general warehousing and storage; refrigerated warehousing and storage; specialised warehousing and storage; and farm product warehousing and storage. General warehousing and storage involve storing, assorting, and stocking the goods. The market is segmented by ownership into private warehouses, public warehouses, and bonded warehouses and by end-use into the retail industry, manufacturing industry, consumer goods industry, food and beverage industry, healthcare industry, and others. The warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides warehousing and storage market statistics, including warehousing and storage industry global market size, regional shares, competitors with a warehousing and storage market share, detailed warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the warehousing and storage industry. This warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global warehousing and storage market grew from $660.39 billion in 2022 to $714.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The warehousing and storage market is expected to grow to $950.68 billion in 2027 at a CAGR of 7.4%. Many warehousing and storage companies are using big data analytics as a tool to plan and optimise warehouse operations. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations, and customer preferences. Big data analyses the location, capacity, and flexibility of warehouses to predict customer requirements. It helps with improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems. This maximises workflow, improves floor utilization, and increases operational efficiencies and ROI. For example, The Clemens Group, a food services provider, uses big data forklift fleet management software to track vehicle impacts, operator productivity, and equipment utilisation on forklifts in the warehouse. EastPack, one of the largest kiwifruit packing houses in New Zealand, uses big data from real-time location systems to minimise supply chain errors and inventory issues. Major companies using big data analytics in warehousing include Deutsche Post, DHL Group, United Parcel Service, and Kuehne + Nagel. Major companies in the warehousing and storage market include Deutsche Post AG, Nippon Express Co. Ltd., Glencore International, XPO Logistics Inc., Bunge Limited, Kuehne + Nagel International AG, Prologis Inc., Owens & Minor Inc., Ceva Logistics AG, and Mitsui. Asia-Pacific was the largest region in the warehousing and storage market in 2022. North America was the second largest region in the warehousing and storage market. The regions covered in the warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the warehousing and storage market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The warehousing and storage market includes revenues earned by entities by storing goods for smooth distribution, ensuring the supply chain of goods, managing inventory, and enhancing customer satisfaction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global warehousing and storage market is segmented - 1) By Type: General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing and Storage 2) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food & Beverage Industry, Healthcare Industry, Other End Users 3) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses Subsegments Covered:, Cold Storage, Frozen Storage, Automobile Dead Storage, Bulk Petroleum And Chemical Storage, Document Storage And Warehousing, Whiskey Warehousing, Other Specialized Warehousing And Storage

General warehousing and storage refer to warehouses that act as storage for goods that will be sold or distributed later. These warehouses are specifically designed for the storage of facilities for general merchandise, refrigerated goods, and other warehouses products. The types of ownership include private warehouses, public warehouses, bonded warehouses, which are used by various end users such as manufacturing, consumer goods, retail, food and beverages, IT hardware, healthcare, chemicals, and others. The general warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides general warehousing and storage market statistics, including general warehousing and storage industry global market size, regional shares, competitors with a general warehousing and storage market share, detailed general warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the general warehousing and storage industry. This general warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global general warehousing and storage market size will grow from $328.65 billion in 2022 to $354.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The general warehousing and storage market size is expected to grow from $463.11 billion in 2027 at a CAGR of 6.9%. 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. An increase in the industrial production index is expected to propel the growth of the general warehousing and storage market going forward. Within a year, the industrial production index (IPI) measures levels of production and capacity in the manufacturing, mining, electric, and gas industries. Because of the increase in production in industries warehouses helps to store the finished goods. For instance, according to EMBARGO ADVISORY, an India-based government organization, for the year 2021 combined industrial production index of core industries stood at 143.1 in march, 2021, which increased by 6.8 % as compared to the index of march, 2020. Therefore, an increase in the industrial production index is driving the growth of the general warehousing and storage market. Mobile technologies have gained popularity among warehouse owners as it helps them to perform and track warehouse operations, and 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 tracking warehouse operations. These technologies also provide hands-free operations and faster data entry. Major players in the global general warehousing and storage market include DHL, Kuehne + Nagel, Americold, CEVA Logistics, and Panalpina. Asia-Pacific was the largest region in the general warehousing and storage market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the general warehousing and storage market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The general warehousing and storage market includes revenues earned by entities by providing businesses with the necessary space to store their products when they aren't needed for a sale. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global general warehousing and storage market is segmented - 1) By Type: Bonded Warehousing, Private Warehousing and Storage, and Warehousing (including foreign trade zones) 2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses 3) By End User: Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Other End Users

Refrigerated warehousing and storage refer to a type of cold storage facility that provides services such as blast freezing, tempering, and modified atmosphere storage that are used to store products that must be kept at specific temperatures to stay fresh, such as foods, medicines, and biological samples in research laboratories to improve the integrity of the product, maintain the shelf life of drugs, and reduce contamination among the products. The main types in the refrigerated warehousing and storage market are cold storage and frozen storage. Cold storage refers to the storage (as of food) in a cold place for preservation. The market is also segmented by ownership into private warehouses, public warehouses, and bonded warehouses and by application into fruits and vegetables, bakery and confectionery, milk and dairy products, meat, seafood, beverages, and others. The refrigerated warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides refrigerated warehousing and storage market statistics, including refrigerated warehousing and storage industry global market size, regional shares, competitors with a refrigerated warehousing and storage market share, detailed refrigerated warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the refrigerated warehousing and storage industry. This refrigerated warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global refrigerated warehousing and storage market grew from $156.19 billion in 2022 to $170.65 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The refrigerated warehousing and storage market is expected to grow to $235.99 billion in 2027 at a CAGR of 8.4%. Warehouses are increasingly using mobile technologies to efficiently monitor warehouse operations. Mobile technology includes the use of tablets, smartphones, mobile printers, and other handheld devices for communication and information. These devices make use of GPS, RFID, VoIP, digital imaging, and voice technology. Technicians operating forklifts and automated material handling equipment in a warehouse are using mobile technologies to obtain information on troubleshooting, repairs, and work orders. This gives warehouse managers access to equipment status and performance reports and enables them to track warehouse operations around the clock. Wearable technology such as smart glasses is being integrated with warehouse management systems to improve hands-free mobility for workers. According to a report by MHI, a material handling, logistics, and supply chain association, 22% of the respondents use mobile technologies in warehouses, and the adoption rate is expected to reach 45% in the next two years. Major companies in the refrigerated warehousing and storage market include AmeriCold Logistics/Americold Realty Trust and Subsidiaries, Nichirei Corporation, Lineage Logistics Holdings LLC, Henningsen Cold Storage Co, Burris Logistics, Toyo Suisan Kaisha Ltd., Agro Merchants North America Holdings LLC, Nippon Suisan Kaisha Ltd., and Snowman Logistics Ltd. Asia-Pacific was the largest region in the refrigerated warehousing and storage market in 2022. North America was the second largest region in the refrigerated warehousing and storage market. The regions covered in the refrigerated warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the refrigerated warehousing and storage market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The refrigerated warehouse and storage market includes revenue earned by entities by providing refrigeration services to keep produce (often food) at an ideal temperature, prevent rotting, extend its life span, and minimize microbial contamination growth. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global refrigerated warehousing and storage market is segmented - 1) By Type: Cold Storage, Frozen Storage 2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses 3) By Application: Fruits & Vegetables, Bakery & Confectionery, Milk & Dairy Products, Meat, Seafood, Beverages, Other Applications

Specialised warehousing and storage refer to the act of storing items that will be sold or distributed later as well as the act of storing physical commodities or inventory that operate warehousing and storage facilities for particular categories of goods that need specialised treatment in a warehouse and storage facilities for bonded merchandise, general merchandise, refrigerated goods, and other warehouse products. The main types in the specialised warehousing and storage market are automobile dead storage, bulk petroleum and chemical storage, document storage and warehousing, whiskey warehousing, and other specialised warehousing and storage. Automobile dead storage refers to the presence of an abandoned, wrecked, dismantled, inoperative, junked, or partially dismantled motor vehicle or parts thereof on private or public property. The market is also segmented by end-use into the retail industry, manufacturing industry, consumer goods industry, food and beverage industry, healthcare industry, and others. The specialized warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides specialized warehousing and storage market statistics, including specialized warehousing and storage industry global market size, regional shares, competitors with a specialized warehousing and storage market share, detailed specialized warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the specialized warehousing and storage industry. This specialised warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global specialized warehousing and storage market grew from $92.1 billion in 2022 to $100.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The specialized warehousing and storage market is expected to grow to $136.66 billion in 2027 at a CAGR of 8.0%. Many warehousing and storage companies are using big data analytics as a tool to plan and optimise warehouse operations. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations, and customer preferences. Big data analyses the location, capacity, and flexibility of warehouses to predict customer requirements. It helps with improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems. This maximises workflow, improves floor utilization, and increases operational efficiencies and ROI. Major companies in the specialised warehousing and storage market include Nippon Express Co. Ltd., Glencore International, Financière de l'Odet, ONEOK Inc., Husky Energy Inc., Anadarko Petroleum Corp, Dominion Energy Inc., Marubeni, Batu KawanBerhad, and Transneft Pao. Asia-Pacific was the largest region in the specialized warehousing and storage market in 2022. North America was the second largest region in the specialized warehousing and storage market. The regions covered in the specialized warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the specialized warehousing and storage market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The specialised warehousing and storagemarket includes revenues earned by entities by storing goods for smooth distribution, ensuring the supply chain of goods, managing inventory, and enhancing customer satisfaction by maintaining quality of products. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global specialized warehousing and storage market is segmented - 1) By Type: Automobile Dead Storage, Bulk Petroleum And Chemical Storage, Document Storage And Warehousing, Whiskey Warehousing, Other Specialized Warehousing And Storage 2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses 3) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food & Beverage Industry, Healthcare Industry, Other End Users