Latin America Warehousing Market Size & Outlook, 2023-2030
The warehousing market in Latin America is expected to reach a projected revenue of US$ 170,730.3 million by 2030. A compound annual growth rate of 8.5% is expected of Latin America warehousing market from 2024 to 2030.
Revenue, 2023 (US$M)
$96,656.6
Forecast, 2030 (US$M)
$170,730.3
CAGR, 2024 - 2030
8.5%
Report Coverage
Latin America
Latin America warehousing market, 2018-2030 (US$M)
Latin America warehousing market highlights
- The Latin America warehousing market generated a revenue of USD 96,656.6 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, general warehousing was the largest revenue generating warehouse type in 2023.
- General Warehousing is the most lucrative warehouse type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 96,656.6 million |
| Market revenue in 2030 | USD 170,730.3 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | General warehousing |
| Fastest growing segment | General Warehousing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General Warehousing |
| Key market players worldwide | DHL Group, Nippon Express Holdings Inc, FedEx Corp, RXO Inc, XPO Inc, Ryder Systems, Mitsubishi Logistics Corp, C.H. Robinson Worldwide Inc, Americold Realty Trust Inc, Lineage Logistics, Kuehne + Nagel International AG, A. P. Moller Maersk A/S Class B, Newcold |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.5% of the global warehousing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 531,596.6 million by 2030.
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Warehousing Market Scope
Warehousing market segmentation & scope
End Use
Retail
Food & Beverages
Chemicals
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Australia
China
India
Japan
South Korea
Brazil
UAE
South Africa
Saudi Arabia
Warehousing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America warehousing market
Related regional statistics
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