The warehousing and logistics industry serves as the backbone of global supply chains, facilitating the movement of goods from manufacturers to consumers. Fueled by e-commerce expansion and technological advancements like automation and data analytics this industry poses immense growth potential.
CAGR: 11.50%
Market size: $ 152 Bn
GDP Contribution: 10.50%
Market drivers:
– Rising e-commerce activities
– Increasing population and growing economy