Forecast: Turnover of Warehousing and Storage in Norway

The turnover of the warehousing and storage sector in Norway is forecasted to decline from 280.3 million Euros in 2024 to 255.2 million Euros by 2028. In 2023, the turnover stood at 286.6 million Euros, marking a downward trend in the subsequent years. The year-on-year variations are expected to be -2.2% for 2025, -2.3% for 2026, -2.4% for 2027, and -2.4% for 2028. The compound annual growth rate (CAGR) over this five-year period is projected to be -2.3%, indicating a consistent decline.

Future trends to watch for include:

  • Technological advancements in automation and inventory management.
  • Increased competition from emerging markets and new entrants.
  • Shifts in supply chain strategies and warehousing needs due to geopolitical factors.
  • Regulatory changes affecting logistics and warehousing operations.

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