Warehousing And Storage Services Market Size and Share

Warehousing And Storage Services Market (2025 - 2030)
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Warehousing And Storage Services Market Analysis by Mordor Intelligence

The 2024 warehousing and storage services market size stood at USD 497.5 billion, and the market is projected to advance at a 4.38% CAGR from 2025 to 2030, closing the decade at USD 646.26 billion. Robust e-commerce volumes, supply-chain modernization, and sustained investment in automation anchor this growth trajectory, while diversification of sourcing locations and heightened cold-chain requirements broaden demand across service types. Market participants expand urban micro-fulfillment footprints to shorten last-mile routes, and power-intensive automation installs accelerate sustainability retrofits as operators seek energy savings and carbon-reduction credits. The sector’s moderate consolidation underscores the value of scale as leading companies pursue multi-country platforms, yet ample fragmentation persists, preserving entry lanes for regionally focused specialists. Structural tailwinds outweigh headwinds from capital costs and labor scarcity, keeping the warehousing and storage services market on a steady upward path.

Key Report Takeaways

  • By service type, general warehousing led with 52.7% of the warehousing and storage services market share in 2024; refrigerated warehousing is projected to expand at a 5.58% CAGR through 2030.
  • By ownership, public warehouses held a 47.3% share of the warehousing and storage services market in 2024; private automated warehouses are forecast to record a 5.00% CAGR to 2030.
  • By end-user industry, manufacturing accounted for 29.9% of the warehousing and storage services market size in 2024, while healthcare is advancing at a 4.50% CAGR through 2030.
  • By duration of storage, short-term storage dominated the warehousing and storage services market in 2024 with around 63.5% share; meanwhile, long-term storage is projected to grow at the fastest CAGR of 6.1% during 2025–2030.
  • By geography, North America captured a 31.8% share of the warehousing and storage services market in 2024; Asia Pacific is projected to post the fastest 7.6% CAGR between 2025 and 2030.

Segment Analysis

By Type: Cold Chain Drives Specialized Growth

The warehousing and storage services market size attributed to general warehousing stood at USD 258.7 billion in 2024, reflecting a 52.7% share of overall revenues. Refrigerated facilities, while smaller in absolute value, posted the strongest 5.58% CAGR outlook, signaling durable demand from biopharma, frozen foods, and meal-kit services. The warehousing and storage services market share commanded by farm-product warehouses remains stable as export-oriented agriculture requires controlled atmospheres that reduce spoilage. Cold-chain players invest in low-charge ammonia systems that limit refrigerant risk, and automated pallet shuttle racking widens aisle-free storage density, trimming per-case energy usage. 

Aging North American cold stores average 37 years and often lack high-bay clearances, prompting modern rebuilds that integrate oxygen-reduction fire systems and digital temperature mapping. Lineage Logistics and Americold funnel capital into multi-tenant facilities linked to rail spurs and port terminals, highlighting intermodal connections as a differentiator. Pharma-grade warehouses secure Good Distribution Practice certification, unlocking premium rate structures that can exceed dry storage tariffs by 2×. Altogether, specialized temperature control underpins value-accretive growth while general warehousing sustains the volume foundation of the warehousing and storage services market.

Warehousing And Storage Services Market: Market Share by Service Type
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By Ownership: Automation Reshapes Private Facilities

Public warehouses represented 47.3% of 2024 revenues, anchored by shared-infrastructure economics that appeal to companies with variable demand. Yet the private automated subset expects the fastest 5.00% CAGR as manufacturers and retailers internalize inventory control and extract productivity from robotics at scale. The warehousing and storage services market size for public sites remains significant and provides flexible overflow capacity during demand spikes. Bonded warehouses target importers seeking duty deferral; their occupancy stays resilient near border crossings and free-trade zones. 

Sustainability commitments spur private investors to pursue LEED-certified builds that align with corporate climate targets, often adding rooftop solar that offsets autonomous vehicle charging loads. Public operators respond by layering value-added services, such as kitting and reverse logistics, to maintain relevance. Hybrid models emerge where core SKUs sit in automated private hubs while slower movers reside in public space, illustrating nuanced portfolio strategies within the warehousing and storage services market.

By Duration of Storage: Balancing Flexibility with Strategic Stockpiling

In 2024, short-term storage dominated the warehousing and storage services market, contributing 63.5% of total revenues. This leadership was driven by fast-moving consumer goods, retail, and e-commerce sectors, which prioritize efficient inventory turnover and timely deliveries. Short-duration contracts enable businesses to respond swiftly to changing demand patterns, seasonal sales spikes, and promotional activities, ensuring optimal utilization rates.

Conversely, while long-term storage represents a smaller share of the market, it is the fastest-growing segment, with a projected CAGR of 6.1% through 2030. Growth in this segment is fueled by demand from pharmaceutical cold chains, industrial spare parts, and strategic reserves in energy and agriculture. Businesses increasingly value assured storage capacity, regulatory compliance, and the protection of critical goods. Additionally, the adoption of advanced monitoring technologies, such as automated climate control systems and IoT-based tracking, enhances the appeal of long-term storage solutions.

Warehousing And Storage Services Market: Market Share by Duration of Storage
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By End-user Industry: Healthcare Accelerates Specialized Demand

Manufacturers of machinery, electronics, and industrial goods generated 29.9% of sector revenue in 2024, underlining the centrality of component staging and work-in-process buffering. Health-care-related product flows expand at a 4.50% CAGR, driven by vaccine distribution and the growing biologics pipeline that requires 2 °C – 8 °C or -20 °C environments. The warehousing and storage services market share accruing to consumer goods and retail remains sizable due to omnichannel inventory pools that blend store replenishment with direct-to-consumer fulfillment. 

GDP-certified facilities incorporate redundant power and 24×7 monitoring, safeguarding high-value vaccines whose shipments exceeded USD 260 billion in 2024. Automotive, electronics, and chemical verticals favor automated storage and retrieval systems to cut damage and track serialized components. Each end-user adopts specialized racking, hazard containment, or validation processes, cementing the role of tailored solutions across the warehousing and storage services market.

Geography Analysis

North America retained 31.8% warehousing and storage services market share in 2024, sustained by mature e-commerce networks and dense 3PL ecosystems that assure same-day delivery in most metropolitan areas. Manufacturers' re-shoring to the United States and near-shoring into Mexico intensify demand along the southern border, where cross-border flows make Laredo and El Paso prime warehouse construction zones. Grid connections lag behind automation uptake in legacy buildings, motivating on-site solar installations and micro-grids.

Asia Pacific delivers the fastest 7.6% CAGR through 2030, propelled by India’s forecast of more than 300 million square feet of Grade A stock by 2025 and policy incentives that promote logistics parks. Chinese developers follow consumer demand inland, while Belt and Road rail corridors extend regional connectivity. Southeast Asian nations such as Vietnam and Malaysia attract multinational distribution centers that diversify away from single-country dependence. Automated mega-warehouses like the 1.8 million-square-foot Omega 1 Bukit Raja in Malaysia showcase cutting-edge designs hardwired for e-commerce growth.

European operators navigate land scarcity and strict zoning, which lengthen entitlement timelines but also keep vacancy below global averages. Sustainability mandates spur retrofits featuring heat pumps and rooftop photovoltaics as corporate tenants seek carbon-neutral contracts. Eastern European hubs gain traction because of proximity to Western consumers and lower wage bases, complementing resilient port-centric clusters in the Netherlands and Belgium. South America and the Middle East & Africa remain nascent but rising investment in bonded-free zones and food security facilities widens their role in the worldwide warehousing and storage services market.

Warehousing And Storage Services Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The warehousing and storage services market features moderate fragmentation as the top five providers collectively controls major part of global revenue, yet consolidation accelerates to secure scale and technology depth. DSV’s USD 15.9 billion (converted from EUR 14.3 billion) purchase of DB Schenker in April 2025 created a firm with USD 45.1 billion combined revenue and 160 000 employees, illustrating the premium placed on global end-to-end coverage. DHL Group continues a targeted acquisition spree, buying CRYOPDP and Inmar Supply Chain Solutions to strengthen healthcare logistics and return management capabilities. 

Technology adoption delineates performance tiers. First movers deploy autonomous mobile robots, AI-driven slotting, and predictive maintenance to lift throughput and accuracy, enabling cost-plus pricing models that protect margins. Smaller regional providers often partner with robotics integrators under usage-based contracts to remain competitive without heavy capex. Specialized niches, such as GDP-certified pharma cold chain or hazardous material storage, offer defensible margins due to regulatory hurdles and liability complexity, drawing strategic interest from larger 3PLs seeking diversification.

Customers increasingly demand carbon-accounting dashboards, pushing operators to embed energy analytics into warehouse management systems. LEED and BREEAM certifications surface as bid differentiators, and landlords retrofit skylights, EV chargers, and solar arrays to meet tenant targets. Competitive intensity therefore hinges not only on network breadth but on digital maturity and sustainability credentials, shaping the evolving hierarchy within the warehousing and storage services market.

Warehousing And Storage Services Industry Leaders

  1. DHL International GmbH

  2. XPO Logistics Inc.

  3. Ryder System Inc.

  4. NFI Industries Inc.

  5. FedEx Corp

  6. *Disclaimer: Major Players sorted in no particular order
Warehousing And Storage Services Market
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Recent Industry Developments

  • April 2025: DSV finalized the USD 15.9 billion acquisition of DB Schenker, adding 1 300 facilities and broadening sector exposure to contract logistics; the strategy centers on global platform economics and cross-selling integrated freight and warehousing solutions.
  • March 2025: DHL Group purchased CRYOPDP to deepen clinical-trial logistics and expand temperature-controlled courier capacity across 15 countries, aligning with its objective to lead life-sciences supply chains.
  • January 2025: DHL Supply Chain agreed to acquire Inmar Supply Chain Solutions, creating North America’s largest returns processor and strengthening circular-economy service offerings.
  • January 2025: Körber Supply Chain Software, with KKR, announced the takeover of MercuryGate to unite warehouse and transportation management systems under one analytics layer, targeting end-to-end execution visibility.

Table of Contents for Warehousing And Storage Services Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising omnichannel fulfilment requirements
    • 4.2.2 E-commerce-led warehouse demand boom
    • 4.2.3 Expansion of 3PL outsourcing
    • 4.2.4 Growth of on-demand micro-warehousing networks
    • 4.2.5 ESG-driven retrofitting for energy-efficient warehouses
    • 4.2.6 AI-powered dynamic slotting to raise storage densities
  • 4.3 Market Restraints
    • 4.3.1 High capital and maintenance outlay
    • 4.3.2 Shortage of skilled warehouse labour
    • 4.3.3 Grid-congestion limiting power availability for automation
    • 4.3.4 Cyber-security risks from cloud WMS convergence
  • 4.4 Industry Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Assessment of Macro-economic Trends on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Service Type
    • 5.1.1 General Warehousing and Storage
    • 5.1.2 Refrigerated Warehousing and Storage
    • 5.1.3 Farm-Product Warehousing and Storage
  • 5.2 By Ownership
    • 5.2.1 Private Warehouses
    • 5.2.2 Public Warehouses
    • 5.2.3 Bonded Warehouses
  • 5.3 By Duration of Storage
    • 5.3.1 Short-Term Storage
    • 5.3.2 Long-Term Storage
  • 5.4 By End-user Industry
    • 5.4.1 Manufacturing
    • 5.4.2 Consumer Goods
    • 5.4.3 Food and Beverage
    • 5.4.4 Retail and E-commerce
    • 5.4.5 Healthcare and Pharma
    • 5.4.6 Other End-user Industries
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 ASEAN
    • 5.5.4.6 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Egypt
    • 5.5.5.2.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 DHL International GmbH
    • 6.4.2 XPO Logistics Inc.
    • 6.4.3 Ryder System Inc.
    • 6.4.4 NFI Industries Inc.
    • 6.4.5 FedEx Corp
    • 6.4.6 Americold Logistics LLC
    • 6.4.7 Lineage Logistics Holding LLC
    • 6.4.8 NF Global Logistics Ltd
    • 6.4.9 APM Terminals BV
    • 6.4.10 DSV A/S
    • 6.4.11 Kane Is Able Inc.
    • 6.4.12 Mediterranean Shipping Co. (MSC)
    • 6.4.13 Amazon.com Inc.
    • 6.4.14 C.H. Robinson Worldwide Inc.
    • 6.4.15 CEVA Logistics
    • 6.4.16 GEODIS SA
    • 6.4.17 GXO Logistics Inc.
    • 6.4.18 DB Schenker
    • 6.4.19 CJ Logistics Corp.
    • 6.4.20 Kerry Logistics Network Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Global Warehousing And Storage Services Market Report Scope

Warehousing and storage services include storage space for companies' or organizations' property, including equipment, parts, products, and perishable goods. This often includes inventory management and distribution. The proper storage and tracking of inventory ensure delivery times are met, and asset management costs are reduced.

The report offers the market sizes, trends, and forecasts in value for segments by type, ownership, end-user industry, and geography. The scope of the study also includes an in-depth analysis of COVID-19 impact on the warehouse and storage services market. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Service Type
General Warehousing and Storage
Refrigerated Warehousing and Storage
Farm-Product Warehousing and Storage
By Ownership
Private Warehouses
Public Warehouses
Bonded Warehouses
By Duration of Storage
Short-Term Storage
Long-Term Storage
By End-user Industry
Manufacturing
Consumer Goods
Food and Beverage
Retail and E-commerce
Healthcare and Pharma
Other End-user Industries
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
ASEAN
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
By Service Type General Warehousing and Storage
Refrigerated Warehousing and Storage
Farm-Product Warehousing and Storage
By Ownership Private Warehouses
Public Warehouses
Bonded Warehouses
By Duration of Storage Short-Term Storage
Long-Term Storage
By End-user Industry Manufacturing
Consumer Goods
Food and Beverage
Retail and E-commerce
Healthcare and Pharma
Other End-user Industries
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
ASEAN
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
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Key Questions Answered in the Report

How large is the global warehousing and storage services market in 2025?

The market is valued at USD 497.5 billion for 2024 and is on track to reach USD 646.26 billion by 2030, expanding at a 4.38% CAGR.

Which region grows fastest through 2030?

Asia Pacific posts the quickest 4.90% CAGR thanks to infrastructure investment in nations such as India, China, and Vietnam.

What share do public warehouses hold today?

Public facilities account for 47.3% of 2024 global revenue, reflecting continued demand for flexible capacity.

Why is refrigerated warehousing expanding rapidly?

Rising volumes of vaccines, biologics, and online grocery orders drive a 5.58% CAGR for temperature-controlled space.

How is consolidation reshaping competition?

Mega-acquisitions like DSV-Schenker create scale platforms with integrated freight and warehousing, while niche specialists still prosper in regulated segments.

Which technology trend yields the quickest ROI?

AI-driven dynamic slotting and autonomous mobile robots boost pick rates and free floor space, delivering payback periods that often fall below three years.

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