India Warehousing Market Research Report 2023 offers a comprehensive analysis of the market, including business opportunities, growth, and trend analysis for various applications, types, and regions such as North America, Europe, Asia-Pacific, South America, Middle East, and Africa. The report delves into important producers, market developments, opportunities, challenges, and threats to the market as a whole. It is a 100+ page report that provides a detailed examination of growth statistics, opportunities, trends and the competitive landscape in the industry.
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In FY 2020, the warehousing market was valued at INR 1050 Billion. In terms of space requirement, it stood at 265 million square feet in FY 2021. The total revenue is projected to reach INR 2243.79 Billion in 2026, expanding at a CAGR of 10.90%.
Logistics and warehousing play a crucial role to bridge the gap between customers and manufacturers. The ease and efficiency of a logistic chain have a huge impact on the time a product reaches the customer. Effective warehousing is crucial for companies so that they can maintain their inventory and supply the goods whenever demand rises. As the e-commerce industry started growing, warehouses became an integral part of the logistics chain. Warehouses not only provide room for storing products but also play an important role in providing space for packaging, docking, and drawing out products so that the delivery time is reduced.
Some of the major players in this sector are Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., and Central Warehousing Corporation.
Market insights:
The space requirement is expected to reach 483 million square feet in 2026, expanding at a CAGR of 12.77%. The top six cities with modern warehousing capacity are Ahmedabad, Bangalore, Chennai, Mumbai, Delhi and Pune.
Segment insights:
In 2021, the Third-Party Logistics (3PL) sector acquired the maximum warehousing space, followed by e-commerce. The 3PL, e-commerce, FMCD, FMCG, and retail sectors acquired 31%, 31%, 5%, 5%, 4% of warehousing space, respectively. The FMCD, FMCG, and retail sectors outsource their space requirements to 3PL players. Therefore, their warehousing space requirement is less than that of 3PL sector.
COVID-19 impact analysis:
In the wake of the pandemic, the Government of India announced a nationwide lockdown in 2020 which led to a labor crisis in all major cities. Warehouses faced a workforce shortage and operations were hampered. On the other hand, the outbreak of COVID-19 prompted people to shop online and boosted the e-commerce market and warehousing space requirements. The organized food delivery has risen in view of the pandemic which has augmented cold chain warehousing space requirement. The demand of industrial and consumer goods has dropped, increasing the construction cost of warehouses.
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Our most recent research report showcases the thriving expansion of the India Warehousing Market and offers in-depth insights into the projected market size, share, and revenue until 2030.
The report addresses the following key questions regarding the India Warehousing market:
- What is the expected growth rate of the market in the upcoming years and what factors are driving this growth?
- How do consumers perceive and adopt different types of India Warehousing in the market?
- How are regulatory policies and government initiatives impacting the growth of the India Warehousing market?
- What is the market share of the top 5 players in the India Warehousing market and how is it likely to change in the future?
- What are the latest technologies and innovations in the India Warehousing market and how are they shaping the industry landscape?
- How do macroeconomic factors such as inflation, GDP, and exchange rates affect the India Warehousing market?
- What are the challenges related to the supply chain and logistics that India Warehousing market players face and how are they addressing them?
- How is the changing consumer behavior and preferences influencing the dynamics of the India Warehousing market?
- What are the potential risks and uncertainties associated with investing in the India Warehousing market, and how can they be mitigated?
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of India Warehousing market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the India Warehousing market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the India Warehousing market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate India Warehousing business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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