Industry Analysis & Industry Trends
The recession only marginally affected revenue for industry firms. In fact, demand for automotive storage increased due to vehicle manufacturers needing to store unsold inventory. As a result, the number of firms specializing in automotive storage increased substantially. Although industry revenue is expected to continue rising, these new operators may struggle over the next five years as downstream market inventories decrease... purchase to read more
Industry Report - Industry Locations Chapter
Because the industry stores a variety of products, industry establishments are located in different areas depending on the type of item being stored. Auto dead storage contributes the largest proportion of establishments. These establishments are distributed in a similar pattern to the population because new vehicles are generally stored close to the point of purchase. Capital costs for new auto storage facilities are low and due to high demand, the number of facilities grew in 2009.
Bulk liquid terminals and storage facilities are mainly associated with petroleum products and chemicals... purchase to read more