According to a recent market study published by Growth Market Reports titled, “Global Modern Logistics Warehouse Properties Market by End User Type, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 26,633.7 million in 2019 and is expected to expand at a CAGR of 11.7% by the year 2027. The global Modern Logistics Warehouse Properties market is projected to grow owing to the factors such as increasing preference for last mile deliveries, rising spending on FMCG products, and increasing use of e-commerce across the globe. Moreover, the growth of internet retail industry worldwide is driving the demand for modern logistics warehouse properties.

The global modern logistics warehouse properties market is fragmented based on end user type, and region. Based on end user type, the modern logistics warehouse properties market has been segmented into automotive, electronics/high-tech, construction & infrastructure, FMCG, non-FMCG retail trade, life sciences, and others. Based on region, the global modern logistics warehouse properties market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. Europe is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe, Asia Pacific is further segmented into China, South Korea, Japan, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America is further segmented into Brazil, Mexico, and Rest of Latin America. Middle East & Africa is categorized into Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa.

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COVID-19 had a slight negative impact on the overall market. Stringent rules and restrictions during the COVID period, halted the operations of automotive and construction industries. Hence, the stock in warehouses remained constant during the pandemic, which in turn, minimized the need for new storage space. Moreover, disruptions in the supply chain due to partial and complete lockdowns negatively impacted the distribution of goods across the globe. Thus, the manufacturers’ need for new warehouse storage space decreased in 2020.

As per Growth Market Reports’ industry analyst Partha Paul, “The Global Modern Logistics Warehouse Properties Market is anticipated to witness significant growth during the forecast period 2020-2027 driven by the high demand for last mile deliveries across the globe. Moreover, modern logistics warehouse properties are getting technologically advanced. Use of technologies such as robotic lifts to transfer the goods and AI (Artificial Intelligence) to keep track of the flow of products is expected to grow in the future. The automated sorting machine has become popular in very short amount of time, this machine identifies and sorts the products while they are on conveyor system using, bar code and RFID (Radio-frequency identification) scanners. The adoption of more such technologies is anticipated to boost the growth of modern logistics warehouse properties in the future.

Key Takeaways from the Study:

  • The companies such as GLP, Prologis, Inc. and Mapletree investments pte ltd. held approximately one fifth of the share of global modern logistics warehouse properties market in 2019.
  • North America accounts for a major share of the market, followed by Europe. The market in Asia Pacific is projected to expand at the highest CAGR during the forecast period.
  • In North America, the US is considered to have a large automotive industry, which contributes about 3.0% to the overall Gross Domestic Product (GDP) of the country. The presence of manufacturing companies such as Detroit Three, General Motors, Chrysler LLC, and Ford boosts the manufacturing of automobile in the US. This, in turn, increases the need for storage space thereby, driving the demand for modern logistic warehouse in North America.
  • The electronics/high-tech segment is expected to expand at a substantial CAGR during the from 2020 to 2027. China, Japan, and South Korea are major producers and exporters of electronic and high-tech equipment. This makes Asia Pacific a key region, in terms of production and export of electronics and high-tech goods. This is boosting the demand for advanced modern logistic warehouse storage spaces, which can hold and distribute mass-produced items.

Report Scope:

Report Metric

Details

Market Value in 2019

USD 11,875.1 Million

Market Growth Rate (from 2020 to 2027)

11.7%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 - 2027

Units Considered

Value (USD Million)

Market Segments

End User Type

Regional Scope

North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA)

Country Scope

U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, Japan, India, Australia, South Korea, South East Asia, Brazil, Mexico, Saudi Arabia, South Africa, UAE

Key Companies Profiled

GLP, Prologis, Inc., Scannell Properties, DAIWA HOUSE INDUSTRY CO., LTD., Kanban Logistics, Logicor, Logistics Property Company, First Industrial Realty Trust, Inc., Nomura Real Estate Holdings, Inc., Majestic Realty Co., IDI Logistics, LLC., Welspun, Mapletree investments pte ltd, Goodman, Exeter Property Group, Duke Realty, JLL, MITSUI & CO., LTD, Clarion Partners, LLC, DCT Logistics

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Modern logistics warehouse properties developers, third party logistics service providers, primary respondents, and distributors.
  • Demand Side: Automotive, Electronics, FMCG, Life Sciences, and construction industries
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: Building Owners and Managers Association (BOMA), National Association of Realtors (NAR), Commercial Real Estate Development Association, Society of Industrial and Office Realtors, US Green Building Council (USGBC), Urban Land Institute (ULI), CREW Network (Commercial Real Estate Women), National Association of Real Estate Investment Managers (NAREIM)