The value added of warehousing and support activities for transportation in Italy showed significant fluctuations over the past decade. The sector experienced gradual growth from 2013 to 2019, with occasional drops such as in 2015 and a stark decline in 2020 due to the global pandemic. Recovery was swift, marked by a substantial surge in 2021. By 2023, the value stood at 35.75 billion Euros, representing a modest year-on-year growth of 1.73% from 2022. The compound annual growth rate (CAGR) over the last five years averaged 1.67%.
Future trends to watch for include:
- Technological advancements in warehousing automation and transportation efficiency.
- Increasing demand for logistics due to e-commerce expansion.
- Potential regulatory impacts on transportation emissions.
- Geopolitical events influencing global supply chains.