The Business Research Company’s latest report Warehousing And Storage Global Market Report 2020 covers Warehousing And Storage market drivers, Warehousing And Storage market trends, Warehousing And Storage market segments, Warehousing And Storage market growth rate, Warehousing And Storage market major players, and Warehousing And Storage market size. The report provides in-depth analysis of the impact of COVID-19 on the Warehousing And Storage industry, along with revised market numbers due to the effects of the coronavirus.
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Warehousing And Storage Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global warehousing and storage market is expected to decline from $451.1 billion in 2019 to $450.7 billion in 2020 at a compound annual growth rate (CAGR) of -0.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $582.9 billion in 2023.
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The global warehousing and storage market is segmented by type into general warehousing and storage, refrigerated warehousing and storage, specialized warehousing and storage, farm product warehousing and storage, by end-use into retail industry, manufacturing industry, consumer goods industry, food & beverage industry, healthcare industry, others. Subsegments covered are cold storage, frozen storage, automobile dead storage, bulk petroleum and chemical storage, document storage and warehousing, whiskey warehousing, others - specialized warehousing and storage.
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