China Warehouse and Storage Market by End-user and Type - Forecast and Analysis 2023-2027
| Published: Feb 2023 | Pages: 141 | SKU: IRTNTR70729 |
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?
To learn more about this report, Download Report Sample
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.
Get a glance at the market contribution of various segments Request a PDF Sample
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 |
|
|
Report Coverage |
Details |
|
Page number |
141 |
|
Base year |
2022 |
|
Historic period |
2017-2021 |
|
Forecast period |
2023-2027 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 7.3% |
|
Market growth 2023-2027 |
USD 37.84 billion |
|
Market structure |
Fragmented |
|
YoY growth 2022-2023(%) |
6.51 |
|
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
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. |
|
Market dynamics |
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. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 11: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 12: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 13: Chart on China: Year-over-year growth 2022-2027 (%)
- Exhibit 14: Data Table on China: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Warehouse and storage market in China 2017 - 2021
- Exhibit 15: Historic Market Size – Data Table on Warehouse and storage market in China 2017 - 2021 ($ billion)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 16: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 27: Chart on Comparison by End-user
- Exhibit 28: Data Table on Comparison by End-user
- 6.3 Manufacturing - Market size and forecast 2022-2027
- Exhibit 29: Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
- Exhibit 30: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
- Exhibit 31: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
- 6.4 Healthcare - Market size and forecast 2022-2027
- Exhibit 33: Chart on Healthcare - Market size and forecast 2022-2027 ($ billion)
- Exhibit 34: Data Table on Healthcare - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
- 6.5 Chemicals - Market size and forecast 2022-2027
- Exhibit 37: Chart on Chemicals - Market size and forecast 2022-2027 ($ billion)
- Exhibit 38: Data Table on Chemicals - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Chart on Chemicals - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Chemicals - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by End-user
- Exhibit 45: Market opportunity by End-user ($ billion)
- Exhibit 46: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 47: Chart on Type - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 49: Chart on Comparison by Type
- Exhibit 50: Data Table on Comparison by Type
- 7.3 General - Market size and forecast 2022-2027
- Exhibit 51: Chart on General - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on General - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on General - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on General - Year-over-year growth 2022-2027 (%)
- 7.4 Refrigerated - Market size and forecast 2022-2027
- Exhibit 55: Chart on Refrigerated - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Refrigerated - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Refrigerated - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Refrigerated - Year-over-year growth 2022-2027 (%)
- 7.5 Farm products - Market size and forecast 2022-2027
- Exhibit 59: Chart on Farm products - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on Farm products - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on Farm products - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Farm products - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Type
- Exhibit 63: Market opportunity by Type ($ billion)
- Exhibit 64: Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 66: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 67: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 68: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 69: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 70: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 71: Matrix on vendor position and classification
- 11.3 Agility Public Warehousing Co. K.S.C.P
- Exhibit 72: Agility Public Warehousing Co. K.S.C.P - Overview
- Exhibit 73: Agility Public Warehousing Co. K.S.C.P - Business segments
- Exhibit 74: Agility Public Warehousing Co. K.S.C.P - Key news
- Exhibit 75: Agility Public Warehousing Co. K.S.C.P - Key offerings
- Exhibit 76: Agility Public Warehousing Co. K.S.C.P - Segment focus
- 11.4 Americold Realty Operating Partnership LP
- Exhibit 77: Americold Realty Operating Partnership LP - Overview
- Exhibit 78: Americold Realty Operating Partnership LP - Business segments
- Exhibit 79: Americold Realty Operating Partnership LP - Key offerings
- Exhibit 80: Americold Realty Operating Partnership LP - Segment focus
- 11.5 CMA CGM SA
- Exhibit 81: CMA CGM SA - Overview
- Exhibit 82: CMA CGM SA - Business segments
- Exhibit 83: CMA CGM SA - Key news
- Exhibit 84: CMA CGM SA - Key offerings
- Exhibit 85: CMA CGM SA - Segment focus
- 11.6 CMST Development Co. Ltd.
- Exhibit 86: CMST Development Co. Ltd. - Overview
- Exhibit 87: CMST Development Co. Ltd. - Product / Service
- Exhibit 88: CMST Development Co. Ltd. - Key offerings
- 11.7 DACHSER SE
- Exhibit 89: DACHSER SE - Overview
- Exhibit 90: DACHSER SE - Business segments
- Exhibit 91: DACHSER SE - Key offerings
- Exhibit 92: DACHSER SE - Segment focus
- 11.8 DB Schenker
- Exhibit 93: DB Schenker - Overview
- Exhibit 94: DB Schenker - Business segments
- Exhibit 95: DB Schenker - Key offerings
- Exhibit 96: DB Schenker - Segment focus
- 11.9 Deutsche Post AG
- Exhibit 97: Deutsche Post AG - Overview
- Exhibit 98: Deutsche Post AG - Business segments
- Exhibit 99: Deutsche Post AG - Key news
- Exhibit 100: Deutsche Post AG - Key offerings
- Exhibit 101: Deutsche Post AG - Segment focus
- 11.10 Expeditors International of Washington Inc.
- Exhibit 102: Expeditors International of Washington Inc. - Overview
- Exhibit 103: Expeditors International of Washington Inc. - Business segments
- Exhibit 104: Expeditors International of Washington Inc. - Key offerings
- Exhibit 105: Expeditors International of Washington Inc. - Segment focus
- 11.11 GLP Pte Ltd.
- Exhibit 106: GLP Pte Ltd. - Overview
- Exhibit 107: GLP Pte Ltd. - Business segments
- Exhibit 108: GLP Pte Ltd. - Key offerings
- Exhibit 109: GLP Pte Ltd. - Segment focus
- 11.12 John Swire and Sons Ltd.
- Exhibit 110: John Swire and Sons Ltd. - Overview
- Exhibit 111: John Swire and Sons Ltd. - Business segments
- Exhibit 112: John Swire and Sons Ltd. - Key offerings
- Exhibit 113: John Swire and Sons Ltd. - Segment focus
- 11.13 Kerry Logistics Network Ltd.
- Exhibit 114: Kerry Logistics Network Ltd. - Overview
- Exhibit 115: Kerry Logistics Network Ltd. - Business segments
- Exhibit 116: Kerry Logistics Network Ltd. - Key news
- Exhibit 117: Kerry Logistics Network Ltd. - Key offerings
- Exhibit 118: Kerry Logistics Network Ltd. - Segment focus
- 11.14 Kintetsu World Express Inc.
- Exhibit 119: Kintetsu World Express Inc. - Overview
- Exhibit 120: Kintetsu World Express Inc. - Business segments
- Exhibit 121: Kintetsu World Express Inc. - Key news
- Exhibit 122: Kintetsu World Express Inc. - Key offerings
- Exhibit 123: Kintetsu World Express Inc. - Segment focus
- 11.15 Lineage Logistics Holdings LLC
- Exhibit 124: Lineage Logistics Holdings LLC - Overview
- Exhibit 125: Lineage Logistics Holdings LLC - Product / Service
- Exhibit 126: Lineage Logistics Holdings LLC - Key offerings
- 11.16 Logwin AG
- Exhibit 127: Logwin AG - Overview
- Exhibit 128: Logwin AG - Product / Service
- Exhibit 129: Logwin AG - Key offerings
- 11.17 United Parcel Service Inc.
- Exhibit 130: United Parcel Service Inc. - Overview
- Exhibit 131: United Parcel Service Inc. - Business segments
- Exhibit 132: United Parcel Service Inc. - Key offerings
- Exhibit 133: United Parcel Service Inc. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 134: Inclusions checklist
- Exhibit 135: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 136: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 137: Research methodology
- Exhibit 138: Validation techniques employed for market sizing
- Exhibit 139: Information sources
- 12.5 List of abbreviations
- Exhibit 140: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
warehouse and storage market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis