Booming E-commerce industry is expected to drive the growth of India warehousing market.
According to TechSci Research report, “India Warehousing Market By Type (General, Specialty, Refrigerated), By Ownership (Public, Private, Bonded), By Sector (Industrial v/s Agricultural), By Usage (Single v/s Shared), By Infrastructure (Single Storey v/s Multi-Storey), By End User Industry (Automotive, Food & Beverage, Chemical, Consumer Goods & Retail, Textile, Pharmaceutical, Others), By Company, By Region, Forecast & Opportunities, 2025”, the India warehousing market is expected to grow at an impressive rate during the forecast period on account of the ongoing modernization and advancements in the warehouses. Additionally, warehouses have started offering several value added services such as packaging, sorting, processing, among others. This in turn is expected to fuel the market growth. Furthermore, improving warehouse infrastructure and growing need for process optimization is expected to spur the market demand over the next few years. Besides, adoption of advanced techniques such as use of handheld devices for scanning products and uploading data is expected to foster the market growth through 2025. However, lack of standards and accreditation can hamper the market growth during the forecast period. Also, land acquisition challenges further restrict the market growth.
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The India warehousing market is segmented based on type, ownership, sector, usage, infrastructure, end user industry, company and region. Based on ownership, the market can be categorized into public, private and bonded. The private ownership segment is expected to register significant growth in the market through 2025. These warehouses are owned and managed by the channel partners/suppliers/resellers and are used for their own distribution activities. Based on sector, the market can be split into institutional and agricultural. The agricultural segment is expected to dominate the market since India is an agrarian country where food safety and security are of utmost importance. Based on infrastructure, the market can be bifurcated into single storey and multi-storey. The single storey segment is expected to dominate the market since most of the warehouse clusters in the country consist of single storey warehouse buildings.
Container Corporation of India Ltd., Gati Ltd., Mahindra Logistics Ltd., Transport Corporation of India Ltd., Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., Jayem Warehousing Pvt. Ltd., JICS Logistics Ltd., Shalimar Warehousing Corporation, Spear Logistics Pvt. Ltd. and others are some of the leading players operating in India warehousing market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“India warehousing industry is highly fragmented with the presence of a lot of unorganized players in the market. These players are managing small warehouses with limited automation. However, the penetration of organized retail industries is expected to create lucrative opportunities for market growth. Additionally, growing investments by the major private players and international players in the Indian warehousing industry is further expected to fuel the market growth through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based India management consulting firm.
“India Warehousing Market By Type (General, Specialty, Refrigerated), By Ownership (Public, Private, Bonded), By Sector (Industrial v/s Agricultural), By Usage (Single v/s Shared), By Infrastructure (Single Storey v/s Multi-Storey), By End User Industry (Automotive, Food & Beverage, Chemical, Consumer Goods & Retail, Textile, Pharmaceutical, Others), By Company, By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of India warehousing market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India warehousing market.