III. Industry Analysis
Warehousing has never been in greater demand. Between the dependence on e-commerce and the supply chain crisis, more and more companies are depending on warehousing facilities to store their products. Many businesses cannot afford to build their own warehouses, but they also can’t depend on warehouses that are located far away. Therefore, many businesses are looking to local warehousing solutions to carry their products and supplies. Local warehouses like [Company Name] help improve the local supply chain and offer valuable services that keep the local economy thriving.
Therefore, warehouses have never been so valuable. In fact, the industry is currently growing without any signs of stopping. According to Expert Market Research, the industry is expected to grow at a compound annual growth rate of 4.5% over the next five years. The industry was valued at $428 billion last year and is expected to be valued at $557 billion in five years.