Industry Analysis & Industry Trends
The General Warehousing and Cold Storage industry has performed solidly 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-appropriate 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 hold less stock on hand. Industry operators have therefore been required to store growing business inventories over the past five years. As a result, revenue is estimated to grow at an annualised 1.3%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The General Warehousing and Cold Storage industry is in the mature stage of its economic life cycle. Industry value added (IVA) is used to measure an industry's contribution to the overall economy. IVA is forecast to increase at an annualised 1.5% over the 10 years through 2019-20. The industry is therefore expected to slightly underperform the overall economy over this period, which is forecast to grow at a compound annual rate of 2.7% over the 10 years through 2019-20.
Industry growth has begun to slow over the past five years. IVA is growing at a slower rate than the overall economy as the industry mainly provides services to downstream wholesalers and manufacturers, which have generally struggled due to rising import competition and a strong Australian dollar... purchase to read more