Revenue for the Storage and Warehousing industry is expected to total $22.9 billion in 2015, up 5.2% from 2014. In the five years through 2015, the industry has been growing at an annualized rate of 7.7%.
Industry demand has been strong since China's entrance to the World Trade Organization (WTO) in 2001. Foreign logistics resources and industry expertise streamed into the Chinese market, which improved service quality and accessibility, and increased demand for warehousing services. In addition, fast development of foreign and domestic trade has been stimulating growth of Storage and Warehousing in China.
The Storage and Warehousing industry in China comprises businesses that provide storage or warehousing services for products other than grain products (including grain, cotton, oil-bearing crops and other crops). Storage services can be under contract and may include distribution. Warehousing services can be private or public.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.