Public Storage & Warehousing in Canada - Industry Market Research Report

Public Storage & Warehousing in Canada - Industry Market Research Report

  • August 2019 •
  • 34 pages •
  • Report ID: 4248834 •
  • Format: PDF
Handle with care: Continued increases in consumer spending are expected to sustain the industry’s growth

Abstract

Public Storage & Warehousing in Canada
Over the five years to 2019, the Public Storage and Warehousing industry in Canada has benefited from an increase in consumer spending and an increase in per capita disposable income amid some volatility in manufacturing output. These increases, in turn, have led to more shipments of consumer goods, thus supporting demand for the warehouse space that is provided by the industry. Industry operators generate demand from all sectors of the Canadian economy. Although the internalization of warehousing by big-box retailers has somewhat tempered outsourcing demand, both businesses’ demand for warehouse space and their likelihood of contracting it from third-party providers have increased, ultimately benefiting the industry. Over the five years to 2024, continued increases in consumer spending, particularly through online channels, are expected to sustain the industry’s growth.

Industry operators provide public warehousing and storage services. Operators generally use equipment such as forklifts, pallets and racks to handle goods in containers such as boxes, barrels and drums. Industry operators avoid specializing in handling bulk products of any particular type, size or quantity. Companies that rent or lease space for self-storage for consumers are not included in this industry (see IBISWorld report 53113CA).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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