The production value of warehousing and storage in Spain experienced a steady growth from 2013 to 2023. In 2023, the value stood at 4.12 billion Euros. This growth is highlighted by a notable year-on-year increase, particularly between 2015 and 2017, and moderate growth rates thereafter. The 5-year CAGR from 2019 to 2023 was 2.69%, reflecting stable yet steady expansion in the sector.

Key trends observed:

Significant year-on-year increases in the mid-2010s, peaking at 14.98% in 2015.
From 2018 onwards, the growth rates stabilized, showing moderate increases each year.
The average annual growth rate (CAGR) over the last five years was 2.69%.

Future trends to watch for:

A forecasted 1.64% CAGR from 2024 to 2028 suggests continued but slower growth.
The sector is expected to grow by 8.46% over the next five years, reaching 4.57 billion Euros by 2028.
Potential impacts of advancements in automation and logistics technology.
Influence of e-commerce growth on warehousing demand.