The logistics and warehousing industry in India are growing rapidly and plays a vital role in the economic progress of any country. By FY 2029, the Indian logistics industry is estimated to reach Rs 35.3 trillion, with logistics expenditure expected to be less than 13% of GDP, indicating improved efficiency. So, invest in market research for the logistics & warehousing industry in India which can be done with accuracy with the help of Indian institute.
Growth in warehousing sector
● This trend of automation will lead to improved efficiency and hence will be very relevant for global competition. Warehousing storage is estimated to grow at a CAGR of ~15.64% by 2027 to reach a market size of USD 31.06 billion.
● For instance, regulatory measures such as the GST Act, National Logistics Policy and warehousing standardisation are strengthening the growth of the sector.
● Market research for the logistics & warehousing industry in India is witnessing a significant push toward warehousing in tier 2 and 3 cities from e-commerce businesses and 3PL/logistics providers.
How The India Watch can Help with market research for the logistics & warehousing industry in India?
● Warehousing industry and market sizing, trends, demand & supply, potential scanning, future projections, etc.
● Key demand drivers and limiting factors
● Key supply side information, growth strategy of leading warehouse developers, market share, USP and competition.
● Indian government and Regulatory, policy and legal insights
● Financial projections, cost estimation, ROI evaluation, profit-loss analysis, etc.
Conclusion
Government regulations, the use of private technology, and the growth of e-commerce have all contributed to the ongoing evolution of India's logistics and storage sector. In the upcoming years, the industry is anticipated to expand even more, making a substantial contribution to the economic expansion of the nation.