In 2018, the number of warehousing enterprises in China increased from 16,700 in 2010 to 6,000 in 2018, with a compound annual growth rate of 17.37%.


Number of Enterprises in Warehousing Industry 2010-2018 (Unit: 10,000)

　　From the point of view of the construction number of automated stereoscopic warehouses, there were 5390 automated stereoscopic warehouses in 2018, 885 new ones were added.


Among them, the demand growth rate of service sectors such as e-commerce/express delivery, retail and cold chain industries is significantly higher than that of industrial manufacturing, and the demand of emerging industries such as clothing and new energy also begins to highlight. In the fields of new energy, consumer goods and traditional industries, integrators with relevant industrial services based on "single warehouse construction + production docking" have more competitive advantages.


Quantity Distribution of Automated Stereoscopic Warehouse (Unit: Block) 2016-2018

　　From the perspective of market demand, the market size of smart storage in China was 79.769 billion yuan in 2018, with a year-on-year growth of 16.45%, and the average annual compound growth rate of smart storage market size was 18.81% from 2014 to 2018.


With the arrival of major logistics and express enterprises in the capital market, one after another to strengthen the transport capacity, intelligent processing capacity and scientific and technological information investment, the layout of intelligent warehousing logistics is the main form of expression, at present, the integration of warehousing and distribution has become the development trend of logistics and e-commerce warehousing.


In addition, in the context of rising labor costs, limited land resources and economic transformation and upgrading, many manufacturing enterprises begin to automate transformation and upgrading at the logistics end as the entry point. As the back-end part of intelligent manufacturing, under the trend of product diversification, personalization, intelligent logistics to promote efficiency, improving customer experience and improve enterprise core competitive ability, as the big data, Internet of things, robot, sensors, such as technology advances, intelligent storage as the carrier of the above technology, is expected to usher in rapid development.


The rise of the rapid development of China's logistics industry for warehousing provides a huge market demand, combined with the release of manufacturing and commerce outsource demand and policy guidance, intelligent storage will continue to strengthen strategic status, the future intelligent storage market demand will further release, predicts 2023, intelligent storage market scale will reach 197.5 billion yuan.


Smart Storage Market Size and Forecast (Unit: 100 Million Yuan, %)