Logistics Warehousing Service Market to Signify Strong Growth by 2023-2029

Global logistics warehousing service market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period (2023-2030). Due to the expanding global adoption of online payments and the increasing prevalence of internet users. E-commerce logistics involves services such as warehousing, transportation, value-added services, and packaging services. Due to the advancement of digital technology, the demand for e-commerce logistics has expanded across a wide range of applications. The key drivers of online business include increasing cross-border e-commerce and the growing number of internet users, particularly in developing nations. As online shopping becomes more common, the demand for efficient e-commerce warehousing services grows tremendously. While some organizations may attempt to manage order fulfillment and warehouse operations in-house, doing so necessitates a high level of knowledge, resources, and overhead costs. As a result, the best approach is to outsource storage and order fulfillment activities to a reputable service provider. This assists firms in storing and shipping products in a cost-effective and timely manner.

Companies have been focusing on managing their e-commerce business with involvement in various partnership programs. For instance, in November 2022, CEVA Logistics signed a multi-year contract extension with ASOS to manage e-commerce fulfillment, warehousing, as well as inbound and outbound services. The fulfillment center is nearly fully automated and equipped with cutting-edge technology, such as automated inbound processing, automated storage and retrieval, goods-to-person stations, pocket sorters, induct stations, an additional parcel sorter, a dynamic buffer, and a vast network of conveyors. From a specialized control center, CEVA’s professionals supervise the entire procedure. These solutions enable CEVA and ASOS to dramatically shorten fulfillment times while improving employee working conditions.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Type
  • By Ownership
  • End-User Industry

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- NFI Industries, Inc., XPO Logistics, Inc., DHL International GmbH, Ryder System, Inc., an

 Logistics Warehousing Service Market Report Segment

By Type

  • General Warehousing and Storage
  • Refrigerated Warehousing and Storage
  • Farm Product Warehousing and Storage

By Ownership

  • Private Warehouses
  • Public Warehouses
  • Bonded Warehouses

By End-User Industry

  • Manufacturing
  • Consumer Goods
  • Food and Beverage
  • Construction
  • Healthcare
  • Other (Chemicals, Defense)

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Logistics Warehousing Service Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • DHL International GmbH
  • AmeriCold Logistics LLC
  • FedEx Corp
  • Lineage Logistics Holding LLC
  • APM Terminals BV
  • DSV Panalpina AS
  • Kane Is Able Inc.
  • MSC – Mediterranean Shipping Agency AG
  • C.H. Robinson Worldwide, Inc.
  • Schneider National, Inc.
  • A.P. Moller – Maersk
  • DSV A/S
  • Mitsubishi Logistics America Corp.
  • Moduslink Corp.
  • Kuehne + Nagel International AG
  • Rakuten Super Logistics
  • XPO Logistics, Inc.
  • NFI Industries, Inc.
  • Ryder System, Inc.
  • UPS Supply Chain Solutions (SCS)

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