The progress of the Public Storage and Warehousing industry has been closely tied to the health of its major downstream markets: manufacturing, wholesale and retail. As these markets rebounded from the recession, demand for storage and warehousing services grew. In the coming years, warehouses will develop more advanced tracking and picking systems to increase productivity. Recent advancements have been initiated due to the rise of e-commerce and the demand for speedy, automated tracking and storage systems that can source and deliver products to customers faster.
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 like 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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.