Free Zone Warehouses Annual Report 2024: Market expected to grow by $1.2 billion between 2023 and 2030

Global market for warehouse logistics in free trade zones

Dublin, August 16, 2024 (GLOBE NEWSWIRE) — The report “Free Trade Zone Warehouses Logistics – Global Strategic Business Report” has been added to The Offer.

The global Free Zone Warehousing Logistics market is valued at USD 4.4 billion in 2023 and is expected to reach USD 5.6 billion by 2030, growing at a CAGR of 3.7% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.

The growth in the free zone warehouse logistics market is driven by several factors. The increasing globalization of trade has increased the demand for efficient logistics solutions that can handle the complexities of cross-border trade.

The expansion of e-commerce has further increased the need for FTZ warehouses, as companies require flexible storage and distribution solutions to meet the demands of international customers. Technological advances in warehouse management and automation have increased the efficiency and attractiveness of FTZs, making them a critical part of modern supply chains.

In addition, favorable government policies and incentives to encourage international trade and investment have driven the development and use of FTZs. The increasing focus on cost reduction and efficiency in logistics operations has also led companies to adopt FTZ warehouses as part of their strategic planning. These factors, combined with ongoing innovations and the increasing complexity of global supply chains, ensure the continued growth and evolution of the FTZ warehouse logistics market.

Key findings:

• Market Growth: Understand the significant growth curve of the 3PL service segment which is expected to reach $3.3 billion by 2030 at a compound annual growth rate of 3.8%. The 4PL service segment is also expected to grow at a compound annual growth rate of 4.0% during the analysis period.

• Regional Analysis: Gain insights into the US market, estimated to reach $1.2 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 7.1% per year to reach $1.2 billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.

The story continues

Why you should buy this report:

• Detailed Market Analysis: Get access to a thorough analysis of the global Free Zone Warehouse Logistics market, covering all major geographic regions and market segments.

• Competitive insights: Get an overview of the competitive landscape, including the market presence of key players in different regions.

• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global free zone warehouse logistics market.

• Actionable insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Reporting features:

• Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.

• Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.

• Company Profiles: Coverage of major players like Arshiya Ltd., Buhariwala Logistics, Dimerco Express Group and more.

• Free Updates: Get free report updates for one year to stay informed of the latest market developments.

Main features:

MARKET OVERVIEW

• Insights into the influencer market

• Global economic update

• Warehouse logistics in free trade zones – Percentage market share of the most important competitors worldwide in 2024 (D)

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

MARKET TRENDS & DRIVERS

• How FTZ warehouses are revolutionizing global supply chains

• Increasing globalization of trade promotes growth in FTZ warehousing

• Expansion of e-commerce expands market opportunities for FTZ warehouses

• Technological advances in warehouse management systems increase efficiency

• Innovations in automation and IoT devices increase operational efficiency

• Integration of blockchain technology puts transparency in the supply chain at the centre

• Increasing focus on cost reduction and efficiency drives the introduction of FTZ warehouses

• Impact of the complexity of cross-border trade on FTZ logistics

• Increasing demand for flexible storage and distribution solutions accelerates market demand

• Influence of global trade policies on inventory dynamics in free trade zones

• How technological innovations are shaping the future of FTZ warehousing

• Influence of economic changes on warehouse utilization in free trade zones

• Focus on sustainability and environmentally friendly practices ensure growth in FTZ logistics

• Growth in international investments increases demand for FTZ storage solutions

• Expansion of multimodal logistics solutions in free trade zones promotes acceptance

• Advances in security and surveillance technologies increase the attractiveness of FTZ warehouses

Focus on selected players(Total 49 presented):

• Arshiya Ltd.

• Buhariwala Logistics

• Dimerco Express Group

• Genex Logistics

• J Matadee Free Zone Pvt Ltd.

• Kanban Logistics, Inc.

• Kerry Indev Logistics Pvt. Ltd.

• M/s Vardhman Customs Clearance and Forwarding Agents

• NDR Infrastructure Pvt Ltd.

• ProLogis, Inc.

• Rhenus SE & Co. KG

• Rinchem Company, Inc.

• Sislocar Logistics Group

• TVS Supply Chain Solutions

• Verexcrest Logistics Pvt Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/7fdflj

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900