Warehousing refers
to a process of storing goods and materials in a storage facility. Warehouses
are large storage facilities designed to store different kinds of goods. They
offers different kinds of services to customers such as loading and unloading,
inventory management tools, and other related SCM services. In addition,
warehouse operators provide a wide range of value-added services such as
assortment and grading, packaging and labelling, and shipping services.
Currently, warehousing services improve logistics effectiveness by introducing
new and innovative SCM.
Analysts forecast
the Warehousing
and Storage Market in the US to
grow at a CAGR of 9.67 percent over the period 2013-2018.
An increase in
adoption of WMS services in warehouses is one major trend in the market. It
enables optimization of warehouse operations with efficient inventory
management services.
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Covered in this Report
This report covers
the present scenario and the growth prospects of the Warehousing and Storage
Market in the US for the period 2014-2018. To calculate the market size, the
report considers the revenue generated by warehousing and storage service
providers. It also presents the vendor landscape and corresponding detailed
analysis of the top four vendors in the market. In addition, it discusses the
major drivers that influence the growth of the market. It also summarizes the
challenges faced by the vendors and the market at large, as well as the key
trends that are emerging in the market.
Warehousing and
Storage Market in the US 2014-2018, has been prepared based on an in-depth
market analysis with inputs from industry experts. The Warehousing and Storage
Market in the US is segmented on the basis of type of warehouses.
According to the
report, one of the main drivers in the Warehousing and Storage market in the US
is the developed logistics infrastructure. The market growth is driven by
developed warehousing facilities, which provide large storage space designed to
store a wide range of products.
Further, the report
states that the capital-intensive nature of the business is one key challenge
in the market. Warehouse operation and management requires a lot of investment
into the business, which also requires a huge workforce.
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