Warehouse industry plays a vital role in matching product demand with supply across different levels in the logistics industry. Driven by the demand in manufacturing segment, and need for storage of raw material and finished products from industries such as automobiles, pharmaceutical and food processing, the warehousing industry has evolved significantly. Owing to shift in focus from production to better storage of goods, the warehousing industry has become an integral part of supply chain where goods are not only stored for safekeeping, but also where other value processes are implemented, thereby minimizing wastage and costs. The warehousing industry in India is forecasted to grow at a CAGR of 10% during the period of 2016-2022.
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The report, “Booming Warehouse Sector in India Outlook 2022″, portrays the current and future scenario of warehousing industry in India. The report highlights the current space and future space demands of warehousing industry, followed by the Organized and Unorganized sectors. Further, the report highlights the warehouse industry by ownership categorized in private, public, and government, bonded and cooperative.
Additionally, the report provides insight on industry trends and drivers; followed by segmentation of warehousing industry into Industrial, Agricultural, Cold stores and CFS/ICDs, in which Industrial sector accounts for half of the share in Warehousing Industry. There is a huge space demand of warehousing in top 7 cities, in which NCR and Mumbai has the highest space demand. The section of regulatory analysis provides the regulations followed by warehousing industry in India for its accreditation. The challenges witnessed by the warehousing industry, and its players are also have been highlighted in order to build better understanding of the industry.
Furthermore, the report also provides key understanding of the major players in the industry, such as Central Warehousing Corporation, Allcargo logistics, etc., through business overview and recent activities depicting development in warehousing industry. Overall, the research provides comprehensive and pre-requisite information of the industry to the clients, and helps understand the market along with the structure and growth in the coming years.