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 Key Buyers Chapter
A low market share concentration characterises the industry. The industry's largest four players are estimated to account for just under 35% of total revenue in 2015-16. These major players are generally involved in other related transport activities and therefore tend to operate differently from pure warehouse operators.
Over the past five years, there has been a consolidation trend evident among operators in the industry. Third-party logistics have driven this trend, as warehouses have become sites where goods are finished for final delivery; orders are filled, picked and packed; and products are returned, rather than simply being destinations where goods are stored. As a result, market share concentration has increased over the past five years... purchase to read more