Industry Analysis & Industry Trends
Revenue for the Storage and Warehousing industry is expected to total $21.4 billion in 2014, up 8.5% from 2013. In the five years through 2014, the industry has been growing at an annualized rate of 8.2%.
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. 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 the recovery in the Chinese and global economies, the industry rebounded strongly in the following years.... purchase to read more
Industry Report - Industry Analysis Chapter
In the five years through 2014, revenue for the Storage and Warehousing industry in China is expected to increase at an annualized rate of 8.2% to total $21.4 billion. The industry experienced steady and solid growth in 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 mobile network standard) and the installation of domestic and trans-Pacific internet cables helped to 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