The China warehouse and storage market is estimated to grow at a CAGR of 7.3% between 2022 and 2027. The size of the market is forecast to increase by USD 37.84 billion. The growth of the market depends on several factors, including rising demand in the e-commerce market, increasing presence of third-party logistics providers, and growing consumption of frozen and perishable foods.
This report extensively covers market segmentation by end-user (manufacturing, healthcare, chemicals, and others), and type (general, refrigerated, and farm products). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the size of the Warehouse And Storage Market in China During the Forecast Period?

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Warehouse And Storage Market In China: Key Drivers, Trends, Challenges, and Customer Landscape
The growing consumption of frozen and perishable foods is notably driving the market growth, although factors such as an increase in rentals for warehouse and storage space may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key China Warehouse And Storage Market Driver
The growing consumption of frozen and perishable foods is notably driving market growth. Factors such as increasing disposable incomes, changing consumption patterns, and rapid urbanization is driving the demand for frozen and perishable food products in China. As the shelf life of these products is much shorter, they need to be stored under controlled temperatures. Therefore, the cold chain market in China is growing due to the rise in the consumption of frozen and perishable foods.
The consumption of products such as meat, which usually requires a cold chain to prevent its degradation, has been on the rise. The growing consumption of products that require special storage facilities will increase the demand for warehouses and storage from the cold chain market. Therefore, it is expected that the growing consumption of frozen and perishable foods will drive the China warehouse and storage market during the forecast period.
Significant China Warehouse And Storage Market Trend
The rise of multistoried warehouses is an emerging trend in market growth. The growth of the e-commerce market in China has led to increased demand for warehouse and storage facilities. Delivery in e-commerce services is majorly dependent on last-mile services. One of the solutions for better last-mile service is to place the warehouses as close as possible to the consumer to reduce the delivery time.
As land in major cities has become scarce and expensive, particularly in key commercial centers such as Shanghai and Beijing, the rental prices for warehouse spaces are expected to increase during the forecast period. To overcome this issue, developers are adding more floors to warehouse units. In 2021, GLP Pte Ltd., one of the major builders in the logistics industry, leased an 18.7-million-meter square facility to various e-commerce players for the distribution of goods in China, increasing its revenue from warehouse and storage leasing by 53%. Hence, such developments will have a positive impact on market growth during the forecast period.
Major China Warehouse And Storage Market Challenge
The increase in rentals for warehouse and storage space is a major challenge impeding market growth. The rush for warehouse and storage space due to the growing demand for e-commerce is pushing up the rentals for storage units in China. As the growth of the e-commerce industry will further increase demand for short-term leasing, the rentals for warehouse and storage spaces will gradually increase. Moreover, the availability of land for industrial warehouses has been declining in China.
In addition, policies are also not favorable to those looking to acquire industrial land for warehouse and storage units in China. For instance, in China, land acquisition is a major issue for foreign players as the local government only allows temporary land use rights. Also, tax revenue generated from leasing warehouses is limited. Beijing has tightened its land quota system amid concerns that farmland was being converted into commercial zones. The resultant rise in rental prices will have a considerably negative impact on the returns generated from operating warehouse and storage units for vendors. This will hamper the market during the forecast period.
Key China Warehouse And Storage Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Warehouse and Storage Market in China Customer Landscape
Who are the Major Warehouse and Storage Market Vendors in China?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
CMST Development Co. Ltd. - The company primarily focuses on offering logistics services for future and spot delivery of commodities, and circular and chain-style supply chain services. The key offerings of the company include warehouse and storage solutions.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- AP Moller Maersk AS
- Agility Public Warehousing Co. K.S.C.P
- Americold Realty Operating Partnership LP
- CMA CGM SA
- DACHSER SE
- DB Schenker
- Deutsche Post AG
- Expeditors International of Washington Inc.
- GLP Pte Ltd.
- John Swire and Sons Ltd.
- Kerry Logistics Network Ltd.
- Kintetsu World Express Inc.
- Lineage Logistics Holdings LLC
- Logwin AG
- Nippon Yusen Kabushiki Kaisha
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segment in the Warehouse And Storage Market in China?
The market share growth by the manufacturing segment will be significant during the forecast period. The manufacturing and warehousing industries are closely dependent on each other. The manufacturing industry requires the support of the warehousing and storage industry to stay competitive and effective.

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The manufacturing segment was valued at USD 45.62 billion in 2017 and continued to grow until 2021. As per the Standard Industrial Classification (SIC), the manufacturing industry includes several industries, such as wood, commercial machinery, paper, rubber, tobacco, and transportation equipment. Most manufacturers either hire third-party logistics providers for warehousing or implement in-house logistics for the storage of their products. However, the establishment and operation of in-house warehouse and storage facilities may lead to high operational costs and a liquidity crunch for small and medium-sized manufacturers. Such factors will further enhance the demand for warehouses and storage from manufacturing industries during the forecast period.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- End-user Outlook (USD Billion, 2017 - 2027)
- Manufacturing
- Healthcare
- Chemicals
- Others
- Type Outlook (USD Billion, 2017 - 2027)
- General
- Refrigerated
- Farm products
Parent Market Analysis
Technavio categorizes the warehouse and storage market in China as a part of the global air freight and logistics market within the global transportation market. The parent global air freight and logistics market covers revenue generated by companies providing air freight transportation; courier; and logistics services, including package and mail delivery and customs agents. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
Warehouse And Storage Market in China Scope
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Report Coverage
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Details
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Page number
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141
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Base year
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2022
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Historic period
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2017-2021
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Forecast period
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2023-2027
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Growth momentum & CAGR
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Accelerate at a CAGR of 7.3%
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Market growth 2023-2027
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USD 37.84 billion
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Market structure
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Fragmented
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YoY growth 2022-2023(%)
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6.51
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Competitive landscape
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Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled
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AP Moller Maersk AS, Agility Public Warehousing Co. K.S.C.P, Americold Realty Operating Partnership LP, CMA CGM SA, CMST Development Co. Ltd., DACHSER SE, DB Schenker, Deutsche Post AG, Expeditors International of Washington Inc., GLP Pte Ltd., John Swire and Sons Ltd., Kerry Logistics Network Ltd., Kintetsu World Express Inc., Lineage Logistics Holdings LLC, Logwin AG, Nippon Yusen Kabushiki Kaisha, Toll Holdings Ltd., United Parcel Service Inc., VHK LOGISTIC HK Ltd., and Yue Shing Logistic Co. Ltd.
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Market dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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Customization purview
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If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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What are the Key Data Covered in this China Warehouse And Storage Market in Country Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the warehouse and storage market in China between 2023 and 2027
- Precise estimation of the size of the warehouse and storage market in China size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the industry across China
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of the warehouse and storage market in China vendors
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