The European turnover of warehousing and support activities for transportation in 2023 shows Germany leading significantly with 153.57 billion euros, followed by the UK and Italy. Germany and the Netherlands experience healthy year-on-year growth, while France sees a decline. Smaller markets like Lithuania and Croatia are on the rise, reflecting regional diversification. Germany and Poland show notable Compound Annual Growth Rates, indicating consistent growth over five years. Countries like Bosnia and Herzegovina are growing rapidly, albeit from a smaller base, highlighting emerging market potential.
Future trends to watch include:
- Impact of digital transformation and automation in logistics.
- Growth in e-commerce driving demand for warehousing.
- Sustainability initiatives influencing operational practices.
- Eastern European markets becoming more competitive.
- Supply chain resilience strategies post-pandemic reshaping the industry.
Top countries in Turnover of Warehousing and Support Activities for Transportation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 153,570 | 2023 | +2.81% | +2.12% | View data |
| 2 | 2 United Kingdom | 85,990 | 2023 | +1.66% | +1.95% | View data |
| 3 | 3 Italy | 58,080 | 2023 | +3.77% | +0.8% | View data |
| 4 | 4 Spain | 52,190 | 2023 | +4.23% | +1.67% | View data |
| 5 | 5 France | 47,440 | 2023 | -5.47% | -4.59% | View data |
| 6 | 6 Netherlands | 36,480 | 2023 | +1.77% | +2.11% | View data |
| 7 | 7 Austria | 19,600 | 2023 | +1.53% | +1.93% | View data |
| 8 | 8 Belgium | 17,470 | 2023 | -2.88% | -1.51% | View data |
| 9 | 9 Sweden | 17,200 | 2023 | +2.35% | +2.09% | View data |
| 10 | 10 Poland | 16,240 | 2023 | +3.86% | +4.51% | View data |
