Warehousing Market in India 2017
Netscribes’ latest market research report titled Warehousing Market in India 2017 states that the demand for good quality state-of-the-art warehouses will be a major requirement in the country given the rapid growth in the logistic industry. The evolution from storage go-downs to multipurpose logistic centers is highly desired as warehouses form a crucial supply chain element holding the key to both customer satisfaction and cost reduction. Warehouses today serve not only as a stocking point, their utility portfolio has diversified to being consolidation centers for multiple sourcing locations, providing cross docking facilities to retail distributors, a sorting center for customer deliveries, and an assembly facility for final packaging and bundling. The warehouse market is subjected to stringent regulations and policies regarding licensing, performance, and accountability. The warehousing market is segregated into four parts, Industrial / Retail warehousing, Container Freight Station/ Inland Container Depot, Agri warehousing and Cold Stores. Majority of the market is occupied by the Industrial/ Retail warehouses. Majority (48%) of the warehouses in India are located in North East region. Indian agri warehouses stores rice, sugar, cotton, maize, pulses, oil seeds, wheat and other crop. GST and Make in India initiative will lead to warehousing space demand in the country.
There is an intense level of competition in the warehousing industry in India. Factors which are adversely affecting the market are improper logistic management, lack of standardization across sectors and shortage of land in the country. The warehousing industry in India is growing at a positive rate and India has a huge opportunity for both logistics and warehousing market to grow simultaneously. Not only this industry is into loading, storing and unloading of goods but now companies are even launching mobile apps to track shipment, calculate shipment time and the rate to a desired destination. IT-driven solutions are becoming effective in increasing the competitiveness of the warehousing industry. With better infrastructure through efficient use of technology and manpower and initiatives like “Make in India”, the warehousing industry is bound to play a larger role in the growth of the Indian economy.
Overview of the warehousing sector in India and forecasted warehousing market size over 2016 to 2020e
Overview of the Industrial and agriculture warehouse market size overview over 2013 to 2018e
Current status of the warehousing capacity in India
Demand for warehousing space in India
Qualitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive landscape and detailed profiles of major public and private players
Get a broad understanding of the warehousing sector in India, its link to the overall logistics value chain, the major segmentations of the sector and current state of the same
Be informed about the major industrial sectors generating opportunities for the warehousing market
Understand major competitors’ business, market dynamics, and respond accordingly
Be informed regarding the key areas of opportunity in the warehousing sector
Make more informed business decisions with the help of insightful recommendations provided to succeed in the warehousing sector
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