Warehousing and Distribution Logistics Market Outlook 2028 –
Warehousing primarily refers to storage of goods, which is to be transported, whether inbound or outbound and is one of the major segments of the rapidly growing industry. Distribution is related to the management of flow of goods between point of origin to the point of consumption. Efficient warehousing and distribution logistics management is central to commercial success. Getting right product to the right destination, on time, on budget, with end-to-end visibility is the major aim of the warehousing and distribution logistics industry. Growing demand in the logistics industry has broadened from basic transportation of goods to include end-to-end supply chain solutions including warehousing & express delivery.
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Companies covered: Agility Logistics, GWC (Gulf Warehousing Company), DB Schenker Logistics, DHL Group, Genera, Silos & Storage Co, GAC, Aramex, Integrated National Logistics, LSC Logistics and Warehousing Co,
COVID-19 scenario Analysis:
Economic factors affecting the market such as purchasing power directly influences the market growth as there is no demand during pandemic. With restricted movement of population around the globe, as well as complete lockdowns in several countries, the manufacturing sector is also affected by economic fallout from the pandemic and manufacturing sector directly affect warehousing and distribution companies. Warehousing and distribution logistics companies have faced tremendous losses due to complete lockdown as there is shortage of workforce and manufacturing industries have halted their production. Owing to the lockdown implemented across various countries, national and international transport have also been hampered, which has significantly impacted supply chain of numerous industries across the globe, which affected the warehouse and distributing logistics market
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Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Rapid growth of the global e-commerce sector, development of new technologies, and increasing import & export volumes are expected to significantly contribute toward growth of the warehousing and distribution logistics market.
However, international documentation procedure and rules & regulations of customs hampers growth of the warehousing and distribution logistics market.
Increase in popularity, technological advancements, and online shopping trend provide lucrative opportunities for the market expansion.
Rapid growth of the e-commerce sector
E-commerce sector is expanding with increasing competition, consumer electronics, and fashion being the strongest categories. Its growth is closely related to growth of the warehousing market, as it is propels warehouses to upgrade for greater reliability, higher efficiency, and better fit for customers.
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Growth in population of countries and increasing online shopping are the factors that illustrate need for investments in warehousing services. Private sector logistics service providers control a considerable part of supply of inland warehousing space. Shippers are focused on outsourcing logistics activities to enhance their operations and cost-effectiveness. Globalization has led to demand for efficient inventory management services. For instance, trend of drop shipping by Oberlo and shopify has entirely changed whole supply chain and increases demand for warehousing and distribution logistics. Changing global supply chain to become more customer-centric enables companies to outsource their supply chain activities to focus on responsiveness and adaptability. Government efforts to increase supply of new warehousing facilities are expected to gradually expand the market for warehousing and distribution logistics.
Key benefits of the report:
This study presents the analytical depiction of the warehousing and distribution logistics industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the warehousing and distribution logistics market.
The current market is quantitatively analyzed from 2020 to 2028 to highlight the warehousing and distribution logistics market growth scenario.
The report provides a detailed warehousing and distribution logistics market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the warehousing and distribution logistics market research report:
Which are the leading market players active in the warehousing and distribution logistics market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the warehousing and distribution logistics market?
What are the projections for the future that would help in taking further strategic steps?
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