The warehousing and storage sector in Germany has demonstrated a fluctuating but overall growth trajectory. In 2023, the sector was valued at €11.42 billion. Historically, the sector enjoyed a significant growth phase between 2013 and 2017, peaking with substantial year-on-year increases. However, a downward trend was observed from 2018 to 2020, with notable declines in 2018 and 2019. The sector began to recover in 2021, with steady year-on-year growth leading up to 2023.
From 2024 onwards, the forecast projects continued growth, with an average annual growth rate (CAGR) of 4.65% projected over the next five years, culminating in a 25.52% total growth by 2028.
Future trends to watch for include:
- Integration of advanced technologies like AI and IoT to optimize warehousing operations.
- Increasing demand for sustainable and green warehousing solutions.
- The impact of e-commerce growth and its influence on warehousing demand.
- Potential disruptions from global supply chain challenges and economic conditions.
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