Industry Growth in India:
The Indian warehousing industry is
experiencing significant growth. Factors driving this expansion include:
Rising consumer demand.
The surge in e-commerce activities.
Investments in manufacturing.
By 2026, the
cumulative supply of warehousing space in India is expected to reach 516
million square feet
Technology-Driven Warehousing:
In the e-commerce industry, warehousing
and fulfillment centers have become critical stages of the logistics cycle.
Modern warehousing relies on
technology-driven automation, simplifying storage, retrieval, picking, and
labeling of products for efficient delivery2.
Global Impact:
The pandemic has led to a surge in global
demand for warehousing.
According to Research and Markets, the
warehousing market is projected to reach INR 2,872.10 billion by 2027, growing
at a CAGR of approximately 15.64% during the period from 2022 to 20273.
Indian Market Trends:
The Indian warehousing sector showed
robust recovery from the pandemic in 2021 and significant growth in the first
half of 2024.
In summary,
warehousing today is a dynamic field, driven by technological advancements and
the changing landscape of global trade and commerce.