The European Production Value of Warehousing and Storage shows considerable variation by country for 2024. The United Kingdom leads with the largest share, valued at 36.11 million euros. Germany follows with 14.63 million euros, and the Netherlands at 8.08 million euros. Belgium and France have significant shares with 7.33 and 7.05 million euros respectively. Other notable contributions come from Spain (5.31 million euros) and Italy (5.11 million euros). Smaller shares are observed in Portugal, Switzerland, Czech Republic, and Slovakia, among others, with the least share in countries like Serbia, Cyprus, Bosnia and Herzegovina, Iceland, and Slovenia.
Year-on-year analysis for 2023 indicates diverse growth trends. Belgium (8.13%), the Netherlands (4.8%), and Poland (6.47%) show strong positive growth. Conversely, France (-0.58%), Sweden (-1.05%), and Greece (-2.77%) experienced declines. Cyprus (7.07%) and Bosnia and Herzegovina (7.3%) demonstrated significant increases among smaller markets.
Future trends to watch:
- Shift towards digitalization and automation in warehousing and storage operations.
- Increasing significance of sustainable practices and energy-efficient storage solutions.
- Growth in e-commerce leading to higher demand for warehousing space.
- Expansion in Eastern European markets driven by economic investments and industrial growth.
Top countries in Production Value of Warehousing and Storage Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 36.11 | 2023 | +3.04% | +3.65% | View data |
| 2 | 2 Germany | 14.63 | 2023 | +7.61% | +4.56% | View data |
| 3 | 3 Netherlands | 8.08 | 2023 | +8.08% | +4.8% | View data |
| 4 | 4 Belgium | 7.33 | 2023 | +7.64% | +8.13% | View data |
| 5 | 5 France | 7.05 | 2023 | -4.83% | -0.58% | View data |
| 6 | 6 Spain | 5.31 | 2023 | +2.34% | +2.69% | View data |
| 7 | 7 Italy | 5.11 | 2023 | +0.42% | +0.75% | View data |
| 8 | 8 Poland | 3.35 | 2023 | +5.5% | +6.47% | View data |
| 9 | 9 Portugal | 2.15 | 2023 | +21.26% | +5.14% | View data |
| 10 | 10 Switzerland | 1.77 | 2023 | +2.97% | +2.27% | View data |