Warehousing & Storage

Warehousing & Storage


The Warehousing and Storage segment consists of businesses that operate storage facilities for various goods, including grain silos, storage tanks and general merchandise and refrigerated warehouses. Businesses in this industry are also responsible for storing goods in foreign trade zones, furniture repositories and freezers.

The industry has grown over much of the five-year period lasting from 2016 through 2021-22, with revenue projected to increase at a compound annual rate of 3% to £23 billion. Growing online sales have driven rising demand. The total online expenditure is expected to increase at a double-figure rate in almost every year of this period, prompted by rising demand for fast-moving consumer goods (FMCGs). Other factors in this growth are rising disposable incomes and confidence, which have improved overall retail sales, albeit at a significantly slower pace than online sales.

In 2020-21, demand for online retailers expanded significantly due to the closure of non-essential businesses. However, the retail and wholesale sectors were hit hard by coronavirus restrictions, reducing demand for distribution services.

 (Ibis World, 2021)



  • Brexit and Post-Brexit bureaucracy
  • Coronavirus restrictions lowered the demand from the retail and wholesale sector
  • Global instability around COVID-19
  • Recruitment

(Ibis World, 2021; CBW & Logistics UK, 2021)


  • Focus on expansion or organic business growth
  • Consolidation through M&A activity
  • Plans for services diversification and operations restructuring
  • Exploration of overseas markets

(CBW & Logistics UK, 2021)

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Market Size

Number of Businesses

As a result of M&A activity, 36% of Logistics industry operators believe that consolidation will continue over the next 12 months

Almost a quarter (23%) of business leaders say that they will have to diversify their service offering in response to Brexit

(Ibis World, 2021; CBW & Logistics UK)