Industry Analysis & Industry Trends
The General Warehousing and Cold Storage industry has achieved stable growth over the past five years. The development of vertically integrated supply chains in Australian transport industries has transformed warehousing and storage services. Warehouses are no longer just large, temperature-controlled spaces to store stock. These facilities have developed to become complex distribution and information centres that provide linkages along a product's entire supply chain, facilitating just-in-time supply of stock. Manufacturers, retailers and wholesalers have adjusted their supply chains and now tend to hold less stock on hand, instead outsourcing warehousing to third-party operators, boosting demand for warehousing and storage services... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The General Warehousing and Cold Storage industry is in the mature stage of its life cycle. Industry operators benefit from providing warehousing and cold storage services to a diverse range of downstream markets, as they are generally protected from weak demand in any one particular market. Industry participants have encountered weakening demand from downstream manufacturers, although increased merchandise imports due to a relatively strong Australian dollar over the past five years generated growth in warehousing activity.
Industry value added (IVA) measures an industry's contribution to the overall economy. IVA is forecast to grow at a compound annual rate of 1.9% over the 10 years through 2020-21... purchase to read more