Industry Analysis & Industry Trends
Growth for the Public Storage and Warehousing industry has been supported by strong manufacturing, wholesaling and retail trade. Increased outsourcing to third-party warehouses has supported industry growth along with international trade, but the industry has come under pressure from integrated logistics networks. Also, industry costs have increased since 2007, especially for large operators... purchase to read more
Industry Report - Industry Investment Chapter
The Public Storage and Warehousing industry has a low level of capital intensity; the industry is labor intensive. In 2012, industry operators typically invest 10 cents of capital for every dollar of labor. Capital investment in the industry has grown over the past five years as industry operators have purchased automated systems to help maximize warehouse efficiency and reduce human error.
However, since public storage and warehousing is a services industry, wages will remain a larger share of revenue. In 2012, wages make up about 29.8% of revenue. The automated picking and distribution systems will slightly reduce the need for floor staff to physically move stock. Wages are expected to fall slightly to 29.6% of revenue in 2017... purchase to read more