India Warehousing Market to Surpass $ 19 Billion by 2025
Growing E-commerce industry, organized
retail sector and business expansions by FMCG companies in India to drive India warehousing
market
According
to TechSci Research report, “India Warehousing Market By Type, By Ownership, By Sector, By Usage Pattern, By Infrastructure,
By End User Industry, By Region, Competition, Forecast & Opportunities,
2025”, India warehousing market is projected to grow to $ 19.5 billion 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 in
the coming years. Furthermore, improving warehouse infrastructure and growing
need for process optimization is expected to spur the market demand over the
next five 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 coupled
with challenges associated with land acquisition can hamper the market growth
during the forecast period.
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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 infrastructure segmentation, 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. Nevertheless, multi-storey warehouses are
expected to witness faster growth during the forecast period. The increasing
land acquisition cost and rising demand from manufacturing companies to set-up
their distribution centers close to end-consumers is driving demand for
multi-storey warehouses. 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, and Spear
Logistics Pvt. Ltd. are some of the leading players operating in India warehousing
market.
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“India warehousing industry is highly
fragmented with 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 sector in India is expected to create lucrative
opportunities for market growth in the coming years. Additionally, growing
investments by major private players as well as 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, By Ownership, By Sector, By Usage Pattern, By
Infrastructure, By End User Industry, By Region, Competition, 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.
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