The European Production Value of Warehousing and Storage in 2023 displays a diverse landscape. The United Kingdom leads with a significant market value, showcasing a 3.65% growth from the previous year. Germany, though second, demonstrated a notable 4.56% increase, aligning with the robust performance seen in the Netherlands and Belgium, exhibiting growth rates of 4.8% and 8.13% respectively. In contrast, France experienced a slight decline of 0.58%. Eastern European countries, like Poland, marked a promising 6.47% rise. Nordic countries like Norway and Sweden showed a downturn. The 5-year CAGR varies, with select markets expanding steadily.
Future trends to watch in the European warehousing and storage market include digitalization, with an emphasis on smart logistics and automation. Sustainability will drive changes, with an increasing focus on green warehousing solutions to align with European environmental goals. Strategic location decisions, influenced by geopolitical factors and economic activities, will remain crucial, especially in Central and Eastern Europe as these regions grow in their logistical importance.
Top countries in Production Value of Warehousing and Storage by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 28,190 | 2023 | +3.04% | +3.65% | View data |
| 2 | 2 Germany | 11,420 | 2023 | +7.61% | +4.56% | View data |
| 3 | 3 Netherlands | 6,310 | 2023 | +8.08% | +4.8% | View data |
| 4 | 4 Belgium | 5,720 | 2023 | +7.64% | +8.13% | View data |
| 5 | 5 France | 5,510 | 2023 | -4.83% | -0.58% | View data |
| 6 | 6 Spain | 4,150 | 2023 | +2.34% | +2.69% | View data |
| 7 | 7 Italy | 3,990 | 2023 | +0.42% | +0.75% | View data |
| 8 | 8 Poland | 2,610 | 2023 | +5.5% | +6.47% | View data |
| 9 | 9 Portugal | 1,680 | 2023 | +21.26% | +5.14% | View data |
| 10 | 10 Switzerland | 1,380 | 2023 | +2.97% | +2.27% | View data |
