Global Co-Warehousing Space Market Overview:
Co-Warehousing (collaborative warehousing) space is used to provide the space to various end-user industries to store their inventories for a short or long period of time. Co-warehousing space, also known as warehouse marketplace or digital warehouse, is driven by the growing demand for ultra-flexible engagements between entities in need of storage and fulfillment capability in strategic locations where one party has space and resources available to cater to the demand of the other. The challenges of the current economic situation and the longer-term outlook are driving organizations to re-think their supply chain strategy. The rising cost of the land purchase to build warehouses has promoted the use of co-warehousing space in end-user industries. The adoption of co-warehousing space is expected to reshape the logistics landscape in the coming year. Some of the players profiled in the study are FLEXE (United States), Flowspace (United States), STORD (United States), Saltbox (United States), Ware2Go (United States), GEODIS (India), Bennett Family of Companies (United States), TCI House (India), Shipbob Inc. (United States), Magaya (United States), Warehousing Express Logistics Pvt. Ltd.(India), Waredock (Estonia), Stowga (United Kingdom) and SINO Shipping (China).
On the basis of geography, the market of Co-Warehousing Space 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). If we see Market by Warehouse Type, the sub-segment i.e. Public Warehouses will boost the Co-Warehousing Space market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User Industry, the sub-segment i.e. Third-Party Logistics (3PL) & Packaging will boost the Co-Warehousing Space market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Pricing, the sub-segment i.e. Pay-As-You-Go will boost the Co-Warehousing Space market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rise Of Ecommerce Sector
- Growing Retail Distribution
- Increasing Use Of Online Platforms To Manage Co-Warehousing Space
Influencing Trend
- Trend Pay-As-You-Go Model
Restraints
- High Cost To Build Co-Warehousing Space
Opportunities
- Growing Number Of Private Warehouses
- Increasing Adoption Of Co-Warehousing Space From Small & Medium Businesses
Challenges
- Growing Prices of Leasing/Renting Co-Warehousing Space
Key Market Developments:
In July 2020, Flexe integrated with a new Google Merchant Center to promote fast and free shipping. This collaboration will enable Amazon to offer its one-day delivery service as retailers struggle to reach the high delivery bar set by Amazon.
Target Audience:
New Entrants/Investors, Analysts and Strategic Business Planners, Co-Warehousing Space Provider, Warehousing Platform Providers, Venture Capitalists, Private Equity Firms, Government Regulatory, Research Organizations and End Use Industry
Major Objectives Focused through this Study
To define, describe, and forecast the Global Co-Warehousing Space market on the basis of product [
] , application [], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Co-Warehousing Space market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Co-Warehousing Space industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Co-Warehousing Space market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.