Warehousing demand to hit all-time high by year-end: experts
WAREHOUSING & LOGISTICS

Warehousing demand to hit all-time high by year-end: experts

Despite rising raw material costs and global inflationary pressures, demand from consumers has led to a rapid V-shaped recovery with double-digit growth in the warehousing sector. The demand, in fact, is reach all-time highs by the end of the year, say experts.

The first three quarters of this calendar year saw an all-time high net absorption of 28 million sq ft of warehousing space. In comparison, net absorption declined by 12 million sq ft during the pandemic year from pre-pandemic levels.

“A yearly growth of 48 per cent was seen in 2019 with net absorption of about 25 million sq ft, while in the pandemic year of 2020, the net absorption in the first three quarters dropped to 13 million sq ft,” said Chandranath Dey, head of Operations, Logistics & Industrial, JLL India.

However, the sector grew by 45 per cent in the first nine months of this calendar year. Also, net absorption could reach an all-time high of 43 million sq ft by 2022-end as businesses open up and consumer demand improves, he added.

With the integration of technology and digitalisation, it has become much easier to maintain these facilities and streamline operations, causing a boom in the entire logistics sector, said Harsh V Bansal, Convenor, CII Delhi Sub-committee on Real Estate, Urban Development and Infrastructure.

See also:
Adani Group plans to build six more MMLPs over the next two years
Chetak Logistics green warehouse to serve Tata Motors in Pune


Despite rising raw material costs and global inflationary pressures, demand from consumers has led to a rapid V-shaped recovery with double-digit growth in the warehousing sector. The demand, in fact, is reach all-time highs by the end of the year, say experts. The first three quarters of this calendar year saw an all-time high net absorption of 28 million sq ft of warehousing space. In comparison, net absorption declined by 12 million sq ft during the pandemic year from pre-pandemic levels. “A yearly growth of 48 per cent was seen in 2019 with net absorption of about 25 million sq ft, while in the pandemic year of 2020, the net absorption in the first three quarters dropped to 13 million sq ft,” said Chandranath Dey, head of Operations, Logistics & Industrial, JLL India. However, the sector grew by 45 per cent in the first nine months of this calendar year. Also, net absorption could reach an all-time high of 43 million sq ft by 2022-end as businesses open up and consumer demand improves, he added. With the integration of technology and digitalisation, it has become much easier to maintain these facilities and streamline operations, causing a boom in the entire logistics sector, said Harsh V Bansal, Convenor, CII Delhi Sub-committee on Real Estate, Urban Development and Infrastructure. See also: Adani Group plans to build six more MMLPs over the next two yearsChetak Logistics green warehouse to serve Tata Motors in Pune

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?