Industry Analysis & Industry Trends
Revenue for the Storage and Warehousing industry is expected to total $17.7 billion in 2012, up 8.6% from 2011. In the five years through 2012, the industry has been growing at an annualized rate of 8.5%.The financial crisis that started in late 2008 resulted in lower output and demand from downstream industries in 2009, leading to weaker demand for services from this industry. With recovery in the Chinese and global economies, the industry rebounded strongly in 2010 and 2011 and further solid growth is expected in 2012.
Industry demand was strong through mid-2008 due to positive factors such as the opening of the market in accordance with China's commitment to the World Trade Organization (WTO).... purchase to read more
Industry Report - Starting a New Business Chapter
A large investment is needed to rent or purchase warehouses. Capital is also needed to pay for transportation fees if players also provide logistics services. For high-end players, management systems and some solutions development also require a large amount of funds.
This industry is subject to a low concentration level, and small warehouse operators account for a large proportion of enterprises in the industry. The concentration level is, however, expected to increase in future years. Since large logistics and warehouse enterprises are more competitive in terms of service and location coverage, mergers and acquisitions will occur with the expansion of large firms in future years... purchase to read more