Industry Report - Industry Investment Chapter
The Warehousing and Storage Services industry is moderately capital intensive. For every dollar spent on capital expenses in 2018-19, an estimated $6.78 will be spent on wages. Industry operators require machinery and equipment such as shelving, pallet racking, forklifts, stackers, carts and pallet trucks. Capital investment varies among operators depending on their size and whether they purchase or lease their machinery and equipment. Capital investment is higher for industry operators that purchase their own warehousing and storage facilities compared with industry players that rent these facilities.Labour requirements also vary among industry operators, depending on the level of automation they employ. Ind...purchase to read more.
Additional Insights for the
Warehousing and Storage Services
Industry
IBISWorld has determined the most important Key Success Factors for the Warehousing and Storage Services are:
Automation - reduces costs, particularly those associated with labour Proximity to key markets Having a good reputation
IBISWorld analysts also discuss how external factors such as Demand from wholesale trade and Demand from online shopping in the Warehousing and Storage Services industry impact industry performance..
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