Clockwork storage: Sustained growth in e-commerce is expected to increase third-party warehousing needs

The Public Storage and Warehousing industry has benefited over the five years to 2018 from increases in consumer spending and manufacturing output, which have led to more shipments of consumer goods and greater demand for warehouse space. Over the past five years, businesses increased their outsourcing of warehousing services to cut costs and preserve profit margins, a trend that has continued even as economic expansion removed some of the cost pressures that initiated it. Although internalization of warehousing by large big-box retailers has somewhat tempered outsourcing demand, industry revenue has risen over the past five years. Over the five years to 2023, continued increases in consumer spending, particularly online, is expected to sustain industry growth...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • The industry has benefited from increased warehousing demand related to the growing prevalence of e-commerce
  • The growing prevalence of e-commerce has increased demand for third-party warehousing
  • In line with rising demand, the number of industry facilities is forecast to increase
  • Industry Report - Industry Products Chapter

    WarehousingThe majority of the Public Storage and Warehousing industry's revenue is derived from warehousing, which includes both storage and handling services. An estimated 41.7% of revenue is generated from provision of storage in 2018, generally on a contractual basis. Typically, customers are required to commit to a company's services for an extended period of time, which stabilizes revenue streams to a degree. Over the past five years, contract distribution to third-party logistics providers has grown within the Public Storage and Warehousing industry, as commercial and retail activity has picked up...purchase to read more.

    Additional Insights for the Public Storage & Warehousing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Public Storage & Warehousing Industry are

  • Use of most efficient work practices
  • Ability to alter mix of inputs in line with cost
  • Optimum capacity utilization
  • IBISWorld analysts also discuss how external factors such as Consumer spending and commerce sales in the Public Storage & Warehousing industry impact industry performance..

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    What's in this report

    What is the Public Storage & Warehousing Industry?

    Industry operators provide third-party storage warehousing and storage services to the manufacturing, wholesale and retail sectors. Operators generally use equipment, such as forklifts, pallets and racks, to handle goods in containers, such as boxes, barrels and drums. Industry companies avoid specializing in handling bulk products of any particular type, size or quantity. Companies that rent or lease space for self-storage to consumers are not included in this industry.

    Industry Products
  • Handling services
  • Contract storage
  • Packing services
  • Other services
  • Transportation services
  • Industry Activities
  • Bonded warehousing, general merchandise
  • Private warehousing and storage, general merchandise
  • Public warehousing and storage (except self-storage), general merchandise
  • Warehousing (including foreign trade zones), general merchandise
  • Warehousing and storage, general merchandise
  • General warehousing and storage
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • commerce sales
  • Freight transportation services index
  • Total trade value
  • Manufacturing capacity utilization

  • Current Performance
  • Outsourcing trends
  • E-commerce and industry structure
  • Changing landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising demand
  • Integrated logistics
  • Table: Public Storage & Warehousing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Public Storage & Warehousing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Wholesale Trade
  • Retail Trade

  • Key Selling Industries
  • Forklift & Conveyor Manufacturing
  • Industrial Building Construction
  • Local Freight Trucking
  • Long-Distance Freight Trucking

  • Products & Services
  • Contract storage
  • Handling services
  • Packing services
  • Transportation services
  • Other services
  • Chart: Public Storage & Warehousing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Retail and e-commerce
  • Manufacturing
  • Other
  • Chart: Major Market Segmentation for the Public Storage & Warehousing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesRent and utilitiesPurchasesMarketing, depreciation and other
  • Chart: Cost Structure Benchmarking – Sector vs Public Storage & Warehousing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Public Storage & Warehousing Industry

  • Industry Globalization
    Deutsche Post AG,
  • Table: Deutsche Post AG - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Public Storage & Warehousing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Public Storage & Warehousing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total trade value (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Integrated Logistics Networks
  • A vertically merged supply chain.
  • Just-In-Time (Jit)
  • A strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only.
  • Radio Frequency Identification (Rfid)
  • A technology that continuously releases signals from a chip to track products from the time they leave the assembly line to the time they leave the store.
  • Third-Party Logistics Provider (3Pl)
  • A firm that provides a one-stop-shop service to its customers of outsourced logistics services for part or all of their supply chain management functions.
  • Wharf-Side Storage Shed
  • A building located on or near a wharf used for short-term cargo storage.
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    Why buy this report?

    IBISWorld’s industry research report on Public Storage & Warehousing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Public Storage & Warehousing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Public Storage & Warehousing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Public Storage & Warehousing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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