In 2023, Germany led European turnover in warehousing and support activities for transportation with €25.15 billion, witnessing a 2.12% year-on-year increase. The United Kingdom followed at €14.08 billion, showing a 1.95% rise. Italy, Spain, and France registered €9.51 billion, €8.55 billion, and €7.77 billion respectively. Notably, France saw a significant decline at -4.59%, while Poland's market increased by 4.51%. Smaller markets like Bosnia and Herzegovina saw impressive growth at 7.36%, contrasting with Iceland's -11.11% downturn.
Future trends to watch include advancements in automation and sustainability, influencing warehousing efficiencies. Additionally, post-pandemic geopolitical shifts might cause regional disparities affecting market shares across Europe. Rural and emerging markets like Romania and Croatia, exhibiting substantial growth, are worth monitoring for potential investment opportunities.
Top countries in Turnover of Warehousing and Support Activities for Transportation Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.15 | 2023 | +2.81% | +2.12% | View data |
| 2 | 2 United Kingdom | 14.08 | 2023 | +1.66% | +1.95% | View data |
| 3 | 3 Italy | 9.51 | 2023 | +3.77% | +0.8% | View data |
| 4 | 4 Spain | 8.55 | 2023 | +4.23% | +1.67% | View data |
| 5 | 5 France | 7.77 | 2023 | -5.47% | -4.59% | View data |
| 6 | 6 Netherlands | 5.97 | 2023 | +1.77% | +2.11% | View data |
| 7 | 7 Austria | 3.21 | 2023 | +1.53% | +1.93% | View data |
| 8 | 8 Belgium | 2.86 | 2023 | -2.88% | -1.51% | View data |
| 9 | 9 Sweden | 2.82 | 2023 | +2.35% | +2.09% | View data |
| 10 | 10 Poland | 2.66 | 2023 | +3.86% | +4.51% | View data |
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