Warehouse Automation Global Market Report 2023 – By Type (Conveyor/Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Mobile Robots, Warehouse Management Systems (WMS), Automatic Identification and Data Capture (AIDC)), By Component (Hardware, Software), By Function (Inbound, Picking, Outbound), By End User (General Merchandise, Healthcare, FMCG/Non durable Goods, Other End Users – Market Size, Trends, And Global Forecast 2023-2032

The warehouse automation refer to devices or systems used to streamline repetitive warehouse operations and make them less labor intensive to generate greater operational efficiencies. Warehouse automation is an integral part of supply chain optimization, as it reduces time, effort, and errors caused by manual or repetitive tasks. These automated systems are transforming operational facilities by increasing the speed of inventory movement, increasing storage density, reducing labor costs, and improving human safety inside the facility. The main types of warehouse automation are conveyor/sortation systems, automated storage and retrieval systems (AS/RS), mobile robots, warehouse management systems (WMS), and automatic identification and data capture (AIDC). Sortation is the act of detecting individual objects on a conveyor system and routing them to the appropriate areas with the help of a variety of devices controlled by task-specific software. They are divided based on components in hardware and software that can perform activities such as inbound, picking, and outbound. There are various end users of warehouse automation, such as general merchandise, healthcare, FMCG/non-durable goods, and other end users. The global warehouse automation market is segmented - 1) By Type: Conveyor/Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Mobile Robots, Warehouse Management Systems (WMS), Automatic Identification and Data Capture (AIDC) 2) By Component: Hardware, Software 3) By Function: Inbound, Picking, Outbound 4) By End User: General Merchandise, Healthcare, FMCG/Non-durable Goods, Other End Users The global warehouse automation market size will grow from $17.32 billion in 2022 to $19.78 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. 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 market size of the warehouse automation is expected to grow to $33.59 billion in 2027 at a CAGR of 14.2%. The rise in e-commerce sales will drive the growth of the warehouse automation market. As retailers struggle to keep up with the increasing volume of orders and their last-mile delivery needs, warehouse automation is briskly turning into the trump card for those who are looking for a leg up on the competition, especially in the competitive e-grocery market. For instance, according to the Robotic Business Review, e-commerce will grow and is expected to reach 22% of all retail sales worldwide in 2023, as compared to 14.1% in 2019. According to a study published by Prologis, a US-based real estate investment trust, in 2021, the use of automation in warehousing is expected to increase revenue per square foot from 10% to 20% in the e-commerce real estate sector in the next three years. Therefore, the rise in the e-commerce sector is expected to boost the warehouse automation market during the forecast period. Major players in the warehouse automation market are Daifuku Co., Ltd., Honeywell Intelligrated, KUKA Group, KNAPP Group, Omron Corporation, ABB Ltd., Kardex Group, SSI Schaefer AG, Locus Robotics, Dematic Group (Kion Group AG), Vanderlande Industries BV, Godrej Consoveyo Logistics Automation, Space Magnum Equipment, Toyota Industries, Yaskawa Electric Corp Inc., and WITRON Logistik + Informatik GmbH. Investments in research and development activities are a key trend gaining popularity in the warehouse automation market. The companies operating in the warehouse automation sector are increasingly investing in R&D facilities to boost their new product development activities and gain a competitive edge over other players through launching technologically advanced products with greater operational capabilities and performance. For instance, in November 2021, Honeywell International Inc., a US-based conglomerate company involved in building technologies, safety & productivity solutions, and performance materials & technologies, announced its plans to develop a new advanced research and development (R&D) testing facility in the Czech Republic for its own Honeywell Intelligrated warehouse automation business to meet the growing demand for technologies that enable secure, more accurate supply chains. The facility enables Honeywell software and hardware engineers to design, prototype, and test the innovative warehouse automation systems used by logistics companies to improve the efficiency, accuracy, and throughput of packages within warehouses and distribution centers. In July 2021, Zebra Technologies, an Illinois-based company involved in the manufacturing and distribution of marking, printing, and tracking technologies, acquired Fetch Robotics for $290 million. The acquisition helps Zebra Technologies to accelerate its enterprise asset intelligence vision and expand its developmental activities in intelligent industrial automation by embracing new methods of empowering workflows and helping customers operate efficiently in increasingly automated and data-powered environments. Fetch Robotics is a US-based on-demand provider of warehouse automation. North America was the largest region in the warehouse automation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the warehouse automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The warehouse automation market includes revenues earned by entities by providing warehouse automation solutions for operational efficiency, increasing productivity, reducing labor costs, and helping ensure a synchronous, smooth flow of warehouse processes. 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 warehouse automation market research report is one of a series of new reports from The Business Research Company that provides warehouse automation market statistics, including warehouse automation industry global market size, regional shares, competitors with a warehouse automation market share, detailed warehouse automation market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse automation industry. This warehouse automation 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.

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 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 The global warehousing and storage market size 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 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 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.

Warehouse robotics is a broad phrase that refers to the various automated devices and systems which can be used to improve speed, efficiency, and accuracy in a warehouse. The warehouse robotics are also used to transport materials, perform various tasks, and streamline or automate warehouse processes. The main types of warehouse robotics are SCARA robots, cylindrical robots, parallel robots, mobile robots, gantry robots, and stationary articulated robots. The SCARA robots (Selective Compliance Articulated Robot Arm robots) are used in processes and applications such as production equipment for electronic components, handling, small machine components requiring the precise assembly and disassembly, and transfer of large automotive components. The different types of systems include the knapp open shuttle, the locus robotics system, the fetch robotics freight system, scallog system, and the swisslog carry pick an performs functions such as pick and place, assembling dissembling, transportation, and packaging. This is implemented in various sectors such as e-commerce, automotive, food and beverage, electronics and electrical, metal and machinery, pharmaceuticals, and others. The global warehouse robotics market is segmented - 1) By Type: SCARA Robots, Cylindrical Robots, Parallel Robots, Mobile Robots, Gantry Robots, Stationery Articulated Robots 2) By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System, Swisslog Carry Pick 3) By Function: Pick And Place, Assembling Dissembling, Transportation, Packaging 4) By End-User: E-Commerce, Automotive, Food And Beverages, Electronics And Electrical, Metal And Machinery, Pharmaceuticals, Other End-Users The global warehouse robotics market size grew from $4.21 billion in 2022 to $4.91 billion in 2023 at a compound annual growth rate (CAGR) of 16.7%. 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, causing inflation across goods and services and affecting many markets across the globe. The market size of warehouse robotics market is expected to grow to $8.12 billion in 2027 at a CAGR of 13.4%. The growing e-commerce industry is driving the growth of the warehouse robotics market. E-commerce, or online shopping, is a business concept that allows individuals and businesses to buy and sell goods and services via the Internet. The e-commerce sector is the most transformative industry which necessitates automated warehouse robots to automate manual material transportation in any facility and optimize warehouse operations. For example, according to the US Census Bureau's Department of Commerce, retail e-commerce sales in the USA reached $222.5 billion in the second quarter of 2021, up by 3.3% from the first quarter. Therefore, the growing e-commerce industry is projected to increase the demand for the warehouse robotics market over coming years. Major players in the warehouse robotics market are ABB Limited, Honeywell International Inc., Fanuc Corporation, Amazon Robotics, KUKA, Yaskawa Electric Corporation, Attabotics, Omron Corporation, Daifuku Co, Toshiba Corporation, Yamaha Robotics, Locus Robotics, Bastian Solutions, Grey Orange, and Kion Group. Launch of AI-based warehouse robotic systems is shaping the warehouse robotics market. Artificial intelligence (AI) is the digital emulation of human intellect by a computer or computer-controlled system that perform tasks normally performed by smart individuals. Major players are focusing on AI-based warehouse robotic systems to automate repetitive pick-and-pack processes and perform sophisticated manipulations in unexpected conditions. For instance, in July 2020, Dexterity is a US-based company that provides robots as a service solution for warehousing, and supply chain operations launched AI-based warehouse robotic system. The robots use computer vision, the sensation of touch to adapt quickly, and advanced control theory, making them safe to work alongside humans. In September 2021, Locus Robotics, a US-based company that provides automated warehouse mobile robots acquired Waypoint Robotics for an undisclosed amount. The acquisition expands Locus' product portfolio of tried-and-true autonomous mobile robots (AMR) solutions to include e-commerce, case-picking, and pallet-picking, as well as scenarios demanding greater, heavier payloads and fulfillment modalities. Waypoint Robotics is a US-based manufacturer and provider of autonomous mobile robots for manufacturing and logistics applications. North America was the largest region in the warehouse robotics market share in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the global warehouse robotics industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Warehouse Robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The warehouse robotics market consists of sales of automated guided vehicles (AGVs), automated storage and retrieval systems (AS/RS), collaborative robots, articulated robotic arms, and goods-to-person technology. 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 warehouse robotics market research report is one of a series of new reports from The Business Research Company that provides warehouse robotics market statistics, including warehouse robotics industry global market size, regional shares, competitors with a warehouse robotics market share, detailed warehouse robotics market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse robotics industry. This warehouse robotics 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.

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 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 The global specialized warehousing and storage market size 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 global 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 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 specialized warehousing and storage 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.

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 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 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 market size of general warehousing and storage 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. Major players in the global general warehousing and storage market include DHL, Kuehne + Nagel, Americold, CEVA Logistics, and Panalpina. 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. 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 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 global 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.

Farm product warehousing and storage refers to a place for storing agricultural products that helps to provide farm product warehousing and storage facilities and services. Farmers use it to store various types of crops that get affected by rain. The major types of farm product and storage are storage services, handling services, packing services, and others. Storage services refer to the practise of keeping and storing goods in a warehouse. Farm product warehousing and storage is used in applications such as farms and enterprises and is owned by private, public, and bonded entities. The global farm product warehousing and storage market is segmented – 1) By Type: Storage Services, Handling Services: Packing Services, Other Types 2) By Application: Farm, and Enterprise 3) By Ownership: Private, Public, and Bonded The global farm product warehousing and storage market size will grow from $83.45 billion in 2022 to $89.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. 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 market size of farm product warehousing and storage is expected to grow from $114.92 billion in 2027 at a CAGR of 6.4%. The growth in the farm product warehousing and storage market can be attributed to the increasing retail penetration. Increasing retail penetration is expected to propel the growth of the farm product warehousing and storage market going forward. Retail penetration is a measure of how much a product or service is being used by customers compared to the total estimated market for that product or service. Because of the increase in customer demands for product or service, most filers purchase the products and store them in warehouses and sell them according to the demand. For instance, according to the Indian Brand Equity Foundation, an India-based export promotion agency for the year 2021, the retail industry achieved 96% of pre-COVID-19 sales in the year 2021. The Indian retail sector is valued at $2.77 billion for the year 2020. Therefore, raise in increasing retail penetration is growing demand for farm product warehousing and storage market. Major players in the farm product warehousing and storage market include Archer Daniels Midland Company, Cargill, and CBH Group. 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 a 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. North America was the largest region in the farm product warehousing and storage market. 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 farm product warehousing and storage market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The Farm product warehousing and storage market includes revenues earned by entities by helping in price stabilization of agricultural commodities. 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 farm product warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides farm product warehousing and storage market statistics, including farm product warehousing and storage industry global market size, regional shares, competitors with a farm product warehousing and storage market share, detailed farm product warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the farm product warehousing and storage industry. This farm product 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.

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 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 The global refrigerated warehousing and storage market size 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 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.

Supply Chain Management Software Market Definition

The supply chain management (SCM) software market consists of sales of supply chain management software and related services by entities (organizations, sole traders and partnerships) that produce supply chain management software, including businesses that are involved in design, documentation, installation and support services, production, and distribution of supply chain management software. Companies in this industry undertake operations such as transportation management systems, warehouse management systems, supply chain planning and procurement software for both small- and medium-sized enterprises and large enterprises.