Analyzing the turnover data of warehousing and storage in Austria from 2013 to 2023 reveals notable trends and variations. Between 2013 and 2017, the industry experienced a steady increase with an accumulated year-on-year growth rate, depicting a positive trend. However, 2018 saw a significant drop due to external factors, reflected by a substantial decline of -28.31%. This setback was followed by gradual recovery and stable growth between 2019 to 2023. By 2023, the turnover reached 804.3 million Euros, representing a year-on-year growth of 4.63% and a 5-year CAGR of 4.73%.
Forecasts from 2024 to 2028 predict continued growth, with a 5-year CAGR of 3.08% and an overall forecasted growth rate of 16.38%. This stable increase indicates strengthening market conditions.
Future trends to watch include advancements in automation, the impact of e-commerce growth, sustainability initiatives, and supply chain resilience. These factors will further drive the industry forward, shaping its trajectory over the coming years.
