Indian Warehouse Market 2021-2026: Size, Share, Trends, Analysis and Forecast

Indian Warehouse Market 2021-2026: Size, Share, Trends, Analysis and Forecast

According to the latest report by IMARC Group, titled Indian Warehouse Market Research Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian warehouse market reached a value of INR 676 Billion in 2020. The warehouse industry in India is currently at a nascent stage, however, the development of the country as a global manufacturing hub has helped in its expansion. Additionally, the burgeoning e-commerce, retail, IT, telecommunications, pharmaceuticals and textiles industries have created a substantial demand for warehouses with value-added services like reverse logistics, packaging, labeling and barcoding. In line with this, the formerly concrete or low-grade steel godowns are now being replaced by pre-engineered warehouses. The increasing private and foreign investments in infrastructure development have further helped in turning warehouses into sophisticated stockrooms with advanced, real-time tracking mechanisms and other state-of-the-art facilities. Looking forward, IMARC Group expects the market to grow at a CAGR of 9.10% during 2021-2026.

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Market Trends:

The establishment of the Free Trade and Warehousing Zone by the Indian Government has helped in increasing warehousing activities, developing the infrastructure and facilitating import and export services in the country. In addition, the introduction of logistics-friendly infrastructure and tax regimes, such as the Goods and Services Tax, have simplified interstate taxation and stimulated structural changes in operation dynamics for the warehouse market. These reforms have helped companies in substantially reducing logistics costs and attracted international players to enter the market via acquisitions, mergers and joint ventures. Apart from this, recent technological advancements in the automation industry have led to the adoption of smart warehouses in India. Goods are now handled with minimum human intervention in these warehouses which improves speed, productivity and efficiency.

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Key Market Segmentation:

Breakup by Sector:

  • Industrial Warehouses
  • Agricultural Warehouses

Based on sectors, the market has been segmented into the industrial and agriculture sectors. Currently, the industrial sector represents the leading segment, holding the largest market share.

Breakup by Ownership:

  • Private Warehouses
  • Public Warehouses
  • Bonded Warehouses

On the basis of ownership, private warehouses dominate the market, accounting for the majority of the overall market share. Private warehouses are followed by public warehouses and bonded warehouses.

Breakup by Type:

  • General Warehouses
  • Speciality Warehouses
  • Refrigerated Warehouses

The market has also been segregated on the basis of the type of commodity stored into general, specialty and refrigerated warehouses. Currently, general warehouses account for the biggest share in the Indian warehouse market.

Competitive Landscape:

The competitive landscape of the Indian warehouse industry has also been examined with the profiles of the key players operating in the market.

Key highlights of the report:

1. Market Performance
2. Market Outlook
3. Porter’s Five Forces Analysis
4. Market Drivers and Success Factors
5. SWOT Analysis
6. Value Chain
7. Competitive Structure
8. Profiles of Key Players

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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