Indian Warehouse Market to Reach INR 3,107.5 Billion by 2032, Propelled by the Extensive Utilization of E-commerce Platforms Due to their Rising Adoption

February 24, 2023 | Transportation and Logistics

The latest report by IMARC, titled “Indian Warehouse Market Report by Sector (Industrial Warehouses, Agricultural Warehouses), Ownership (Private Warehouses, Public Warehouses, Bonded Warehouses), Type of Commodities Stored (General Warehouses, Speciality Warehouses, Refrigerated Warehouses) 2024-2032”, finds that the Indian warehouse market size reached INR 1,378.7 Billion in 2023. Warehouse is a commercial building that is used for storing goods to protect their quality and quantity for future use. It plays a vital role in the logistics value chain, which allows for collection, sorting, and dissemination of goods within the supply chain. The growing retail, e-commerce, telecommunications, IT, pharmaceuticals, and textile industries extensively utilize warehouses with value-added services, such as packaging, labeling, reverse logistics, and barcoding. In recent years, warehouses have gained popularity on account of the rising private and foreign investments in infrastructure development, which have turned warehouses into sophisticated stockrooms with real-time, advanced tracking mechanisms and other state-of-the-art facilities.

Indian Warehouse Market Trends:

The primary factors driving the market are the emerging e-commerce industry and rapid urbanization, which have led to the extensive utilization of warehouse space for storing and distributing goods. Additionally, the significant growth in the organized food delivery sector is escalating the demand for cold chain warehousing space. Other than this, the investments made by foreign companies in the real estate sectors has led to an increasing need for the construction of modern, technology-enabled warehouses. Besides this, the Government of India is undertaking several initiatives to improve infrastructure and logistics solutions. For instance, the implementation of industrial corridors and Make in India program have resulted in increased warehouse space and a growing interest in the development of modern warehouse facilities across the country. Furthermore, the rising adoption of automation and data analytics has resulted in the development of smart warehouses, which are equipped with sensors and Internet of Things (IoT) devices to track inventory and equipment in real-time, allowing for more accurate and efficient warehouse operations. Other growth-inducing factors include the exponential growth of various industry verticals such as agriculture, manufacturing, information technology, telecommunications, and healthcare, along with the extensive investments in warehousing made toward free trade warehousing zones (FTWZs) and logistics parks. Looking forward, IMARC Group expects the market value to reach INR 3,107.5 Billion by 2032, expanding at a CAGR of 9.2% during the forecast period (2024-2032).

Market Summary:

  • Based on the sector, the market has been bifurcated into industrial and agricultural warehouses.
  • On the basis of the ownership, the market has been segmented into private, public, and bonded warehouses.
  • Based on the type of commodities stored, the market has been segregated into general, specialty, and refrigerated warehouses.
  • The competitive landscape of the market has also been analyzed, along with detailed profiles of the key players operating in the industry.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units INR Billion
Segment Coverage Sector, Ownership, Type of Commodities Stored
Customization Scope 10% Free Customization
 Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N A
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Indian Warehouse Market to Reach INR 3,107.5 Billion by 2032, Propelled by the Extensive Utilization of E-commerce Platforms Due to their Rising Adoption
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More