What is Warehousing and Distribution Logistics Market?
Warehousing and distribution Logistics is the process of storing physical inventory for sale or distribution. Warehouses are used by all types of businesses that need to temporarily store products in bulk before shipping them to other locations or individually to end consumers. Logistics Warehousing is at the heart of any business that sells physical goods. Warehouse management, warehousing services, operations, and warehouse management systems are some of the most important aspects of warehousing logistics. The management of warehousing and distribution logistics is critical to commercial success. The primary goal of the warehousing and distribution logistics industry is to get the right product to the right destination on time, on budget, and with complete visibility. The logistics industry's growing demand has expanded beyond basic goods transportation to include end-to-end supply chain solutions like warehousing and express delivery.
Highlights from Warehousing and Distribution Logistics Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Agility Logistics (Kuwait), GWC (Gulf Warehousing Company) (Qatar), DB Schenker Logistics (Germany), DHL Group (Germany), Genera (Singapore), Linfox Pty Ltd (Australia), GAC (China), Aramex (United Arab Emirates), Integrated National Logistics (United Arab Emirates) and LSC Logistics and Warehousing Co (Saudi Arabia)|
The demand for warehouse logistics services is growing by the day. Businesses in this industry face stiff competition from market leaders such as DHL International, XPO Logistics Inc., Maersk, United Parcel Service, and others. Many international and regional providers are also active in the industry and compete directly with industry leaders. It has been discovered that market leaders are heavily investing in growth strategies such as technological development and resource utilization in order to strengthen their market position. Market leaders such as DHL International, XPO Logistics Inc, Maersk, and United Parcel Service have a market-defining vision of how warehouse logistics services can help top-line business executives achieve their objectives. Research Analyst at AMA predicts that Germans Manufacturers will contribute to the maximum growth of Global Warehousing and Distribution Logistics market throughout the forecasted period. Agility Logistics (Kuwait), GWC (Gulf Warehousing Company) (Qatar), DB Schenker Logistics (Germany), DHL Group (Germany), Genera (Singapore), Linfox Pty Ltd (Australia), GAC (China), Aramex (United Arab Emirates), Integrated National Logistics (United Arab Emirates) and LSC Logistics and Warehousing Co (Saudi Arabia) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are FedEx Corporation (United States), Kuehne + Nagel Inc. (Switzerland), DSV Panalpina (Denmark) and Others.
Warehousing and Distribution Logistics Market Segmentation:
|Application / End User||Aerospace, Automotive, Consumer, High-Tech, Industrial, Pharma & Healthcare, Retail and Others|
|Type||Warehousing Logistics and Distribution Logistics|
|Transport Mode||Air Freight,Inland Trucking,Ocean Freight|
|Verticals||Automotive,FMCG,Healthcare,Energy & Utilities,Industrial Machinery & Equipment,Others|
On the basis of geography, the market of Warehousing and Distribution Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Rise of Smart Warehouses and Increasing Demand for Climate-Controlled Warehouses due to growth of Food and Beverage, Pharmaceutical Industry
Market Growth Drivers:
Demand for Express Delivery Is Expected To Fuel the Market Growth In Future and Technological Disruptions in the Industry and Improving Transportation Infrastructure
High Maintenance Costs
High Land Costs May Hamper the Growth of the Warehousing and Distribution Logistics Market During the Forecast Period
Lack of Control of Manufacturers on Logistics Service and Growing Opportunities in Emerging Economies
Key Target Audience
Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Government & Regulatory Bodies, E-Commerce Industry, Corporate Entities, End-use industries and Others
Market Leaders & Development Strategies
In December 2021 Maersk had announced the acquisition of LF Logistics. With this acquisition, Maersk will expand its warehousing and distribution offering and respond to customers' rapidly growing demand for contract logistics. LF Logistics, with its Asia-Pacific wide footprint and industry-leading fulfilment capabilities, aligns with Maersk's strategic intent to support customers' supply chain needs end-to-end as a trusted partner in control of the assets. Maersk will add 223 warehouses to its existing portfolio, bringing the total number of facilities to 549 worldwide, spread across 9.5 million square meters.
In October 2021 Geodis had announced the launch of contract logistics in Sweden. GEODIS, a global leading supply chain provider, is creating a contract logistics footprint in Sweden for the first time with the inauguration of a 16,000 Sqm facility as part of its organic expansion strategy. Receiving goods to WMS, inventory storage, pick and pack, case palletization, value added services, returns processing, quality control, and distribution are just some of the warehousing and distribution services that will be available. The new facility will serve a wide range of industry sectors, but the fast-growing retail and ecommerce verticals will be the primary goal.
If, at any time, the warehouseman is satisfied that the quality of any fungible goods or any part thereof has deteriorated or is deteriorating to the point where it is necessary to protect the holders of negotiable warehouse receipts from loss, and time is insufficient for him to seek their instructions, he may, subject to the regulations in this regard, dispose of the goods or any part thereof and keep the sale proceeds after satisfying his lien in an escrow account. Action taken in good faith is protected. No suit, prosecution, or other legal proceeding shall be brought against the Central Government or any officer of the Central Government, or any member, officer, or other employee of the Authority for anything done or intended to be done in good faith in accordance with this Act or the rules or regulations made under it.