Irving, Texas (PRWEB) December 18, 2012
The global warehousing and storage industry has witnessed significant growth during the last five years. It is expected to offer good growth opportunities to industry players over the next five years (2012-2017). Industry revenue is forecast to reach an estimated $709.7 billion in 2017 with a CAGR of 5.8% over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed the global warehousing and storage industry and presents its findings in “Global Warehousing and Storage Industry 2012-2017: Trend, Profit and Forecast Analysis.”
The global warehousing and storage industry consists of establishments primarily engaged in operating warehousing and storage facilities for general merchandise, refrigerated goods, and other warehouse products. This industry represents a regulated market characterized by high competitive rivalry with moderate entry barriers. A combination of factors such as the increasing demand for consumable goods from retailers and the penetration of international players impact market dynamics significantly.
As the study indicates, the warehousing and storage market is driven by the growth in macroeconomic fundamentals such as export-import trade, retail industry, and industrial production index. New emerging markets in the Asian and Latin American regions as well as in the developed economies have driven the warehousing and storage industry during the last five years (2006-2011) due to increasing trade activity.
Higher household incomes, favorable credit trends, and industrial production are spurring robust economic growth, driving the warehousing and storage industry. The major challenge for the global warehousing and storage market is to reduce the skills gap. This is primarily because a major part of the industry is unorganized, and there is paucity of industrial skills development centers in many countries.
This transportation industry report study provides an overview of the global warehousing and storage industry, tracking four market segments of that industry in four geographic regions. The report provides a five-year annual trend analysis that highlights market size, profit, and cost structure for North America, Europe, Asia Pacific (APAC), and the rest of the World (ROW). The report also provides a forecast, addressing market opportunities for each of these regions.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel’s management consulting services include merger and acquisition, the due diligence process and target screening.