European Warehousing and Support Activities for Transportation output in 2023 shows Germany leading significantly at 164.81 billion Euros, followed by France and Italy with 83.94 billion and 80.86 billion respectively. The Netherlands and Poland exhibited strong growth with a notable 10.41% and 8.12% increase respectively. Romania stood out with a 13.53% increase, indicating significant market expansion. Bulgaria, Slovenia, and Croatia also reported impressive growth, suggesting emerging opportunities in these regions. Conversely, Latvia saw a decline of 3.17%, highlighting potential challenges in its market.
Future trends to watch include digital transformation in logistics, increased automation in warehousing, and sustainable practices to reduce carbon footprints. Market consolidation and expansion into Eastern Europe may also drive further growth in the sector.
Top countries in Warehousing and Support Activities for Transportation Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 164,810 | 2023 | +2.77% | +2.33% | View data |
| 2 | 2 France | 83,940 | 2023 | +3.66% | +3.29% | View data |
| 3 | 3 Italy | 80,860 | 2023 | +2.61% | +2.02% | View data |
| 4 | 4 United Kingdom | 61,700 | 2023 | +1.5% | +1.67% | View data |
| 5 | 5 Spain | 53,610 | 2023 | +5.87% | +2.38% | View data |
| 6 | 6 Netherlands | 40,890 | 2023 | +15.74% | +10.41% | View data |
| 7 | 7 Belgium | 32,780 | 2023 | +1.97% | +2.99% | View data |
| 8 | 8 Poland | 31,220 | 2023 | +7.46% | +8.12% | View data |
| 9 | 9 Switzerland | 20,500 | 2023 | +4.59% | +8.52% | View data |
| 10 | 10 Austria | 16,840 | 2023 | +4.07% | +6.39% | View data |
