Industry Analysis & Industry Trends
The General Warehousing and Cold Storage industry has achieved stable growth over the past five years. The ongoing development of vertically integrated supply chains in Australian transport industries has continued to transform warehousing and storage services. Warehouses 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. The trend towards outsourcing warehousing to third-party operators has boosted demand for general warehousing and cold storage services.
The industry is forecast to grow at an annualised 2.5%... purchase to read more
Industry Report - Industry Analysis Chapter
The General Warehousing and Cold Storage industry has grown steadily over the past five years, driven by rising business inventory levels over most of the period. Industry firms provide warehousing and storage services for customers in a range of downstream markets. Therefore, growth in the volume of inventories held by these downstream businesses boosted demand for third-party warehouses and storage facilities. The industry's performance has also been assisted by higher levels of outsourced business processes, as firms have increasingly used third-party storage firms rather than establishing their own in-house storage facilities. Companies that maintain their own in-house storage facilities are not included in the industry... purchase to read more