The turnover in Austria's warehousing and storage sector has experienced significant fluctuations over the years. From 2013 to 2017, the sector generally saw steady growth, peaking in 2017 with a value of 890.3 million euros. However, 2018 marked a steep decline by 28.31%, pulling the turnover down to 638.3 million euros. This downturn was short-lived, as the sector rebounded and continued to grow from 2019 onwards. In 2023, the turnover stood at 804.3 million euros, with a year-on-year increase of 4.63% and a compound annual growth rate (CAGR) of 4.73% over the past five years.
The forecasted data indicates continued growth from 2024 to 2028, with the turnover projected to reach 977.0 million euros by 2028. The average annual growth for the next five years is expected to be around 3.08%, culminating in an overall forecasted growth rate of 16.38% for the period.
Future trends to watch for include technological advancements in logistics and automation, the expansion of e-commerce driving demand for warehousing services, and potential changes in trade policies affecting the sector. Additionally, sustainability initiatives and the integration of green technologies could reshape operational practices in warehousing and storage.
