Indian Warehousing Market Overview:
IMARC Group’s latest research report, titled “Indian Warehousing Market Outlook: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The India warehouse market reached a value of INR 1,113 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 2,069.6 Billion by 2027, exhibiting a CAGR of 11.9% during 2022-2027. The warehouse industry in India is currently at a nascent stage, however, the development of the country as a global manufacturing hub has helped in its expansion. Additionally, the burgeoning e-commerce, retail, IT, telecommunications, pharmaceuticals and textiles industries have created a substantial demand for warehouses with value-added services like reverse logistics, packaging, labeling and barcoding. In line with this, the formerly concrete or low-grade steel go downs are now being replaced by pre-engineered warehouses. The increasing private and foreign investments in infrastructure development have further helped in turning warehouses into sophisticated stockrooms with advanced, real-time tracking mechanisms and other state-of-the-art facilities.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Indian Warehousing Market Trends:
The establishment of the Free Trade and Warehousing Zone by the Indian Government has helped in increasing warehousing activities, developing the infrastructure and facilitating import and export services in the country. In addition, the introduction of logistics-friendly infrastructure and tax regimes, such as the Goods and Services Tax, have simplified interstate taxation and stimulated structural changes in operation dynamics for the warehouse market.
These reforms have helped companies in substantially reducing logistics costs and attracted international players to enter the market via acquisitions, mergers and joint ventures.
Apart from this, recent technological advancements in the automation industry have led to the adoption of smart warehouses in India. Goods are now handled with minimum human intervention in these warehouses which improves speed, productivity and efficiency.
Important Attribute and highlights of the Report:
- Detailed analysis of the market share
- Market Segmentation by sector, ownership and type of commodities stored.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Indian Warehousing Market
- Strategies of major players and product offerings
Key Market Segmentation:
Breakup by Sector:
- Industrial Warehouses
- Agricultural Warehouses
Based on sector, the market has been segmented into the industrial and agriculture sectors.
Breakup by Ownership:
- Private Warehouses
- Public Warehouses
- Bonded Warehouses
On the basis of ownership, public warehouses dominate the market, accounting for the majority of the overall market share.
Breakup by Type of Commodities Stored:
- General Warehouses
- Speciality Warehouses
- Refrigerated Warehouses
The market has also been segregated on the basis of the type of commodity stored into general, specialty and refrigerated warehouses.
The competitive landscape of the Indian warehouse industry has also been examined with the profiles of the key players operating in the market.
TOC for the Indian Warehousing Market Research Report:
- Scope and Methodology
- Executive Summary
- Indian Warehousing Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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