India Warehousing MarketPosted by Sophia Jones on March 24th, 2021 Market Reports on India Provides the Trending Market Research Report “India Warehousing Market, By Type (General, Specialty, Refrigerated), By Ownership (Public, Private, Bonded), By Sector (Industrial v/s Agricultural), By Usage Pattern (Single v/s Co-warehousing), By Infrastructure (Single Storey v/s Multi-storey), By End User Industry (Automotive, Food & Beverage, Chemical, Consumer Goods & Retail, Textile, Pharmaceutical, Others), By Region, Competition, Forecast & Opportunities, 2025” under Agriculture Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. India warehousing market was valued USD14.65 billion in 2019 and is forecast to grow at CAGR of 9.82% to reach USD19.53 billion by 2025. The warehousing market is driven by the country’s flourishing manufacturing, retail, FMCG and logistics sectors. Furthermore, supportive government policies such as establishment of logistic parks and free trade warehouse zones is expected to spur the market growth through 2025. Also, introduction of GST has led to reduction in inventory and turnaround time, which has led to the removal of check points thereby diminishing state boundaries. Besides, technological advancements such as advent of AI, IoT, 3D Printing, among others, in the warehousing industry is further expected to create lucrative opportunities over the next few years. Moreover, the emergence of third part logistics and supergrid logistics is further expected to fuel the market growth during the forecast period. Further, the sudden outbreak and spread of COVID-19 will have short-term impact on warehousing demand due to lockdown and reduced manufacturing activities. Further, it will help in strengthening the warehousing industry in India on account of the shifting consumer preference from offline mode of shopping to online in order to adhere to the social distancing norms. India warehousing market is segmented based on type, ownership, sector, usage pattern, infrastructure, end user industry, company and region. Based on ownership, the market can be categorized into public, private and bonded. The public ownership segment is expected to dominate the market during the forecast period with share of 45.85%. These warehouses are owned by government and semi-government agencies and are rented by them. Such warehouses aid the small traders who don’t have their own warehouses. Based on usage pattern, the market can be split into single and co-warehousing segments. The co-warehousing segment is expected to witness significant growth in the market through 2025. This can be ascribed to the increasing demand for last mile distribution and growing preference for co-warehousing among manufacturers, suppliers, logistic companies as well as startups. Additionally, co-warehousing provides flexible storage that can help businesses meet their needs and give them a better control over their budgets. Co-warehousing provides scalability and helps in reducing overall operational costs. Major players operating in the warehousing market include Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., Transport Corporation of India Ltd., Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., FIT 3PL Warehousing Private Ltd., JICS Logistics Ltd., Food Corporation of India and Spear Logistics Pvt. Ltd. among others. Years considered for this report: Objective of the Study: Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of warehouse players across India. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the warehouses which could not be identified due to the limitations of secondary research. Our Research analyzed the warehouse players and their presence across India. Our Research calculated the market size of India warehousing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research. Key Target Audience: The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: •Market, By Type: •Market, By Ownership: •Market, By Sector: •Market, By Usage Pattern: •Market, By Infrastructure: •Market, By End User Industry: •Market, By Region: Competitive Landscape Browse our full report with Table of Content : About Market Reports on India: Contact us at: Like it? Share it!More by this author |