Report Code: A14800 | Pages: NA | Apr 2023 | 1611 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Public Warehousing Market
Request Now !A public warehouse is a stand-alone company that specializes in warehousing and distribution. It is not only a facility where a company can store their products but also offers inventory management, physical inventory counts, and shipping functionality. These services include various ways of storing goods based on environmental needs. As AI and machine learning continue to evolve warehousing, the driving force behind it is not physical storage or third-party support; it is all about improved data management. Companies that own & operate public warehouses invest significantly in modern facilities be competitive. The role of the public warehouse in marketplace today is to allow small and medium businesses (SMB) to stay competitive against larger businesses by renting public warehouse space from a third party.
COVID-19 Impact Analysis
The supply chain has been disrupted, affecting both supply and demand , as COVID-19 hurdled globally. Warehouses, distribution & fulfillment centers were affected. However, the pandemic has resulted in required and major modifications in storage procedures, as well as an alarming call for some and acknowledgement for others. According to the International Director of supply & chain management at JLL, the pandemic “put a spotlight” on several significant developments in supply chain management. The call for more automation & technology has increased to maintain efficiency even after the pandemic. Thus, the impact of COVID-19 has promoted renewed assessment of action on everything from the degree of automation to the required advanced software necessary according to the warehouse building size and location.
Top Impacting Factors
The Public Warehousing Market trends are as follows:
Lower Rental costs:
A public warehouse has all of the infrastructure, equipment, and workforce in one place. SMBs have the feasibility to start stocking & shipping the deliveries to the customers immediately without spending capital, resources & time. On the other hand, there are no property tax liabilities with public warehouse space for the tenants. Those costs are the warehouse responsibility, which leads to the high demand & dependency of the small vendors towards public warehouses rather than private ones. Therefore, such preferences are expected to increase the demand of public warehouse & storage market.
Key Benefits of the Report:
Questions Answered in the Public Warehousing Market Research Report:
Public Warehousing Market Report Highlights
Aspects | Details |
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By Type |
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By Ownership |
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By End Use |
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By Region |
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Key Market Players | Manhattan, PSI Logistics, PTC, Tecsys, Infor, Korber, Generic, Microlistics,, Blue Yonder, Vinculum. |
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