Key Market Indicators
Spanish warehousing revenue is projected to climb to approximately €5.4 billion by 2028, up from €4.8 billion in 2023. This marks a steady average annual growth rate of 1.9%. Since 2013, the Spanish market has seen a consistent year-on-year increase of about 2%. In 2023, Spain ranked sixth in the European warehousing sector, with Belgium slightly ahead at €4.8 billion. Leading the rankings were Germany, the Netherlands, and France, securing the second, third, and fourth positions respectively.