COVID-19 Outbreak- Warehousing Market Scope
Warehousing is important step in supply chain as it cover the part of storage and management of inventory. With the help of proper warehousing management businesses can deliver and receive their orders or materials on time. it is a process in which goods are stored until they are sold or distributed to their destined location until then warehouse make sure that goods are stored safely in arranged manner so that it will easy to locate where the goods and other important information related to items such as date of their arrival, time when they stored in warehouse and quantity of goods. Warehousing is useful for inventory accuracy, safety of goods, help to maintain overhead cost, etc. Owing to increase in consumer demand and growing e-commerce and quick commerce market, thus warehousing market is expected to grow at a significant rate during the forecast period.
Warehousing Market is a fragmented market due to the presence of various players. The players are focusing on technical advancement to enhance their overall work capacity by introducing robotics, inventory transportation, fleet management, the internet of things (Iot) for better atomisation. Further, the companies are also planning strategic activities such as partnerships, mergers, acquisitions and investments in developing countries which will help them to sustain in the market and maintain their competitive edge.
DHL Supply Chain (Germany), XPO Logistics (United States), Ryder Supply Chain Solutions (United States), FedEx Supply Chain (United States), Penske Logistics (United States), kuehne +Nagel Inc (Switzerland), DB Schenker Logistics (Germany), GXO Logistics (United States), DSV Panalpina (Denmark), GEODIS (France), Americold (United States), Lineage Logistics (United States) and Kenco Logistic Services LLC (United States) are some of the key players that are part of study coverage.
The study have segmented the market of Global COVID-19 Outbreak- Warehousing market by Type (Private warehouses, Public warehouses, Bonded storage, Co-operative warehouses, Distributor centres, Pick, pack & ship warehouse and Smart warehouse), by Application (Long Term Storage, Goods Transshipment, Goods Distribution, Seasonal Storage and Custom Clearance) and Region with country level break-up.
On the basis of geography, the market of COVID-19 Outbreak- Warehousing 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).
Increasing Incorporation of Innovation Such As Robotics, Inventory Transportation, Fleet Management, the Internet of Things (Iot) For Easier Implementation of Atomisation
Market Growth Drivers:
Growing Consumer Demand, Rising Demand for On-Demand Storage Warehouse, Rapidly Growing E-Commerce and Quick Commerce Market and Increasing Need for Supply Chain management
Lack of skilled Workforce, Limited Space in Public Warehouses and Poor Damage Control
High Cost of Maintenance
Inclination of Warehouse Companies towards RF Technology
Market Leaders and their Expansionary Development Strategies
In January 2022, Ryder acquired Whiplash and Midwest Warehouse & Distribution System. With the Whiplash acquisition Ryder expanded its e-fulfilment network with growing e-commerce and Omni channels in US. Midwest acquisition added nine multi-client and eight dedicated-customer warehouses in Ryder. This acquisition improve position of Ryder in warehousing markets.
In September 2022, DHL supply chain invested INR 4000 crores in India over next five years to increase their warehousing capacity, workforce and sustainability in the country. This investment was targeted for growing sectors such as e-commerce, retail, consumer, life science, technology, engineering and manufacturing as well as automotive. This investment help DHL to increase its capacity of warehouses in India.
Key Target AudienceWarehouse Management and Logistics Providers, Government Bodies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End Users and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.