Warehousing Market Still Has Room to Grow | Emerging Players Gati, Mahindra Logistics, Central Warehousing
Research Reports
Dec 28, 2020
A latest survey on Warehousing Market is conducted to provide hidden gems performance analysis. The study is a perfect mix of qualitative and quantitative information covering market size breakdown of revenue and volume (if applicable) by important segments. The report bridges the historical data from 2014 to 2019 and forecasted till 2025*. The outbreak of covid-19 in global market haves made companies uncertain about their future secario as the prolonged lock-down finds serious economic slump. Some are the key & emerging players that are part of coverage and have being profiled are Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., Transport Corporation of India Ltd., Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., Jayem Warehousing Pvt. Ltd, IndoSpace Development Management Pvt. Ltd., Shalimar Warehousing Corporation, Spear Logistics Pvt. Ltd.
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Competition Analysis:
With the drastic change in consumers behavior, firms and brands are curious to understand the implications for their products and services. Some of key competitors or manufacturers included in the study are Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., Transport Corporation of India Ltd., Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., Jayem Warehousing Pvt. Ltd, IndoSpace Development Management Pvt. Ltd., Shalimar Warehousing Corporation, Spear Logistics Pvt. Ltd..
Traditionally ranked among one of the overlooked sectors in logistics, warehouses today have developed into sophisticated stockrooms with advanced state-of-the-art facilities like real-time tracking mechanisms in India. Based on the kind of infrastructure, the warehousing market in India can be segmented into the following strata; lower stratum – mainly go downs of the past, mostly reinforced cement concrete (RCC) structures whose only utility is storage, middle stratum – warehouses having pre-engineered building (PEB) structures and higher stratum – massive warehouses which are used for storage and have been modernized to perform a lot of supply chain functions.
Various initiatives taken by the Indian government have been driving the country’s warehousing market towards growth, but investors had started taking cognizance of the sector much before the implementation of these reforms like granting infrastructure status to the logistics industry including warehousing. The warehousing market in India accounts for approximately 25% of the total logistics cost.
Market insights
The warehousing market in India was valued at INR 1501.27 Bn in 2019 and is expected to reach INR 2821.10 Bn by 2024, expanding at a CAGR of ~13.57% during the 2020-2024 period. The warehousing market is sub divided into four industrial segments namely industrial or retail warehousing, container freight station or inland container depot (CFS/ICD), agricultural warehousing and cold storage. Among these segments, agricultural warehousing is expected to witness the highest growth rate of ~17.87% in terms of revenue, during the 2019-2024 forecast period. The agricultural warehousing market was valued at INR 145.82 Bn in 2019 and is expected to reach INR 365.75 Bn by the end of 2024. As of 2019, India has a total agri warehousing capacity of around 91 Mn metric tonnes with majority of the capacity being owned by state agencies. Growing need of proper storage of fruits and vegetables in the country is fuelling the demand of agri-warehousing in the country.
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Important Features that are under offering & key highlights of the Warehousing market report:
1. Why lots of Key players are not profiled in Study?
–> The study is conducted by collecting data of various companies from the industry, and the base for coverage is NAICS standards. However, the study is not limited to profile only few companies. Currently the research report is listed with players like Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., Transport Corporation of India Ltd., Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., Jayem Warehousing Pvt. Ltd, IndoSpace Development Management Pvt. Ltd., Shalimar Warehousing Corporation, Spear Logistics Pvt. Ltd..
2. Do Scope of Market Study allows further Segmentation?
—> Yes, for a deep dive we do provide add-on segmentation in premium version of report to better derive market values. The standard version of this report covers segmentation by Application, by Type and by Regions [North America (Covered in Chapter 7 and 14), United States, Canada, Mexico, Europe (Covered in Chapter 8 and 14), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 9 and 14), China, Japan, South Korea, Australia, India, Southeast Asia, Others, Middle East and Africa (Covered in Chapter 10 and 14), Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others, South America (Covered in Chapter 11 and 14), Brazil, Argentina, Columbia, Chile & Others]
3. What value addition does Country landscape will provide?
—> In the premium version of report, two-level of regional segmentation allows user to have access to country level break-up of market Size by revenue and volume*
* Wherever applicable
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HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia etc.
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Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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