Industry Analysis & Industry Trends
Revenue for the Storage and Warehousing industry is expected to total $22.9 billion in 2015, up 5.2% from 2014. In the five years through 2015, the industry has been growing at an annualized rate of 7.7%.
Industry demand has been strong since China's entrance to the World Trade Organization (WTO) in 2001. Foreign logistics resources and industry expertise streamed into the Chinese market, which improved service quality and accessibility, and increased demand for warehousing services. In addition, fast development of foreign and domestic trade has been stimulating growth of Storage and Warehousing in China.... purchase to read more
Industry Report - Starting a New Business Chapter
Heavy investment is needed to rent or purchase warehouses. Capital is also needed to pay for transportation fees if players provide logistics services. For high-end players, management systems 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