The production in the warehousing and storage sector in Spain has generally shown an upward trajectory, starting from 2.58 billion euros in 2013 to 4.12 billion euros in 2023. This represents a gradual, yet steady incline with fluctuations in percentage growth rates from year to year. Notably significant growth was observed between 2015 and 2017, followed by more modest increments.
Over the past two years, the sector experienced a year-on-year growth of 2.34% in 2023 and 2.43% in 2022, indicating a consistent albeit slow growth. The compound annual growth rate (CAGR) over the last five years stands at 2.69%, reflecting steady progress. The forecast suggests continued growth with a forecasted CAGR of 1.64% over the next five years, leading to an expected production value of 4.57 billion euros by 2028.
Key future trends to watch for include the digital transformation of warehousing and storage facilities, automation and robotics, increased adoption of green logistics practices, and potential impacts of regulatory changes on the sector.
