Forecast: Value Added of Warehousing and Support Activities for Transportation in Denmark

The value added of warehousing and support activities for transportation in Denmark stood at 29.91 billion Danish Krones in 2023. Between 2013 and 2020, the industry experienced significant fluctuations, with notable declines in 2015 and 2020, and sharp growth in years like 2019 and 2021. The post-2020 period showed recovery, with a year-on-year increase of 16.25% in 2021 and continuous growth up to 2023. The last 5 years saw an average annual growth rate (CAGR) of 2.58%.

Future trends indicate steady growth, with forecasts predicting a CAGR of 1.16% from 2024 to 2028, leading to a 5.93% overall growth in that period. Key factors include technological advancements, increased globalization of supply chains, and growing e-commerce demand driving the warehousing sector.

Future trends to watch for:

• Growth in automated warehousing technology.
• Impact of sustainability practices on operational efficiency.
• Adoption of advanced analytics and AI for logistics optimization.