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 - Industry Analysis Chapter
In the five years through 2015, revenue for the Storage and Warehousing industry in China is expected to increase at an annualized rate of 7.7% to total $22.9 billion. The industry has experienced steady and solid growth over the past five years. The reconstruction of national ministries, the deployment of TD-SCDMA (Time Division Synchronous Code Division Multiple Access), China's proprietary third-generation and fourth-generation mobile network standard) and the installation of domestic and trans-Pacific internet cables helped improve infrastructure, providing a more favorable environment for the industry's development.
Many foreign storage and warehousing enterprises accelerated their entry into China in the past decade... purchase to read more