Latest News- Public Warehousing Market: General is expected to lead the Type segment during 2025-2029

The Public Warehousing Market is being driven by Growing number of SMEs

The Public Warehousing Market is expected to grow at a CAGR of 5.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 62.6 billion. In the realm of public warehousing, a smart warehouse represents the pinnacle of automation and technological integration. Equipped with an array of interconnected and automated systems, these facilities enhance productivity, efficiency, and accuracy. The harmonious collaboration of technologies, such as automated material handling equipment, real-time inventory management systems, and RFID tagging, streamlines warehouse operations and significantly reduces human intervention. By automating almost every aspect of the warehousing process, smart warehouses minimize errors and offer employees and their processes increased flexibility and capability. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • General
  • Specialized
• Application
  • Manufacturing
  • Consumer goods
  • Retail
  • Healthcare
  • Others
• Service
  • Inventory management
  • Order fulfilment
  • Transportation
  • Others
• Area
  • Small (less than 100000 sq ft)
  • Medium (100000 - 500000 sq ft)
  • Large (more than 500000 sq ft)
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing number of SMEs
• Increased focus on cutting logistics costs
• Growing focus on last-mile delivery

However, the market also witnesses some limitations, which are as follows:

• Shortage of skilled labor
• Limited availability of space
• Data protection and communication challenges

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Market Scope in Public Warehousing Market Research Report

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Research Analysis Overview

The Public Warehousing Market encompasses various services including Warehouse Network, Multi-Client Warehousing, Contract Logistics, Dedicated Warehousing, and Shared Warehousing. Key offerings consist of Last Mile Delivery, Direct-to-Consumer (D2C), Reverse Logistics, and Returns Management. Technologies like Barcode Scanning, Conveyor Systems, Sorting Systems, Picking Robots, Warehouse Optimization, and Space Utilization are utilized for efficiency. Performance metrics include Inventory Turnover, Lead Time Reduction, Customer Service, Order Accuracy, On-Time Delivery, Delivery Speed, and Supply Chain Disruption Risk Management. Regulations cover Safety and Environmental concerns, while challenges include Labor Shortages, Automation Adoption, Digital Transformation, Data-Driven Decision Making, Predictive Analytics, and Supply Chain Design. Sustainability initiatives include Network Optimization, Capacity Planning, Demand Planning, Transportation Management, Fleet Management, Route Optimization, Sustainable Packaging, Circular Economy, and Zero-Waste Initiatives.

Market Research Overview

The global air freight and logistics market encompasses the revenue generated by companies offering air freight transportation, third-party logistics services, distribution centers, and fulfillment centers. This market size is calculated based on the earnings of providers in the air freight and logistics sector, which includes tracking and managing goods from origin to delivery. Key growth drivers include the surge in cross-border e-commerce activities, where consumers purchase products from foreign sources, leading to increased demand for efficient distribution, inventory management, and fulfillment center solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/