India's Warehousing and Cold Chain Sector Poised for Remarkable Growth

CHENNAI, India - Jan. 28, 2024 - PRLog -- In a comprehensive report, Makreo Research and Consulting unveils the dynamic landscape of India's warehousing and cold chain sector, projecting a Compound Annual Growth Rate (CAGR) of 10.32% over the next five years. The study explores key players, investment trends, and emerging dynamics in this rapidly evolving industry.

Key Highlights:

1. Asian Warehousing Demand Surge: Driven by e-commerce, supply chain diversification, and urbanization, Asia witnesses consistent warehousing demand growth. Notably, Manila leads with a 49.3% YoY rental growth, fueled by e-commerce expansion.
2. Indian Warehousing Renaissance: India's warehousing sector experiences a surge in investments, with a focus on meeting the demand for 223 million square feet of Grade-A warehousing space in the next three years.
3. Strategic Expansion Catalysts: Upcoming Multi-Modal Logistics Parks (MMLPs) in Chennai, Indore, Bengaluru, and Nagpur promise to enhance warehouse revenue and infrastructure.
4. Beyond Tier 1 Cities: Escalating demand for expansion, driven by e-commerce and third-party logistics, leads to the emergence of Grade A warehouses in Tier 2 and Tier 3 cities.
5. Cold Storage Surge: Post-pandemic investments in pharmaceuticals, FMCG, and FMCD contribute to a significant surge in cold storage capacity in India.
6. Private Sector Dominance: Private entities play a crucial role, contributing significantly to the current Indian warehouse market. Organized players comprise only 10% of the market, with major metropolitan areas contributing significantly.
7. Southeast Asia's Rising Influence: By 2030, Southeast Asia is expected to be a significant player in the global consumer base, driven by a digitally savvy millennial and Generation Z population.
8. Industry Player Milestones:
   • Maersk introduces 'One Country, One Price' fulfillment solution for eCommerce logistics in India.
   • Organized clusters emerge in established industrial areas.
   • Snowman Logistics achieves a milestone by offering 5PL services, a first in India.
9. Future Growth Projections: The cold storage capacity in India is projected to witness a CAGR of 3% in three years, with substantial contributions from the Farm/Agri Products sector.
10. Makreo Research Study: Published under the title "India Warehousing and Cold Chain Market Size and Forecast (2018-2030)," the study blends qualitative and quantitative factors, providing valuable insights into consumer behavior, industry trends, and market dynamics.

This comprehensive report offers a nuanced understanding of the multifaceted India Warehousing and Cold Chain Market, serving as a valuable resource for individuals and organizations seeking detailed market insights. For those navigating this sector, the report provides a dual focus on historical and current market performance, along with future growth projections.

Research Study:
India Warehousing and Cold Chain Market Size and Forecast (2018-2030) (https://www.makreo.com/report/india-warehousing-cold-chai...)

Related Reports
https://www.makreo.com/automotive-transportation/logistic...

For media inquiries or more information, please contact:
meetu.bhasin@makreo.com