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NEW YORK, July 19, 2021 /PRNewswire/ --
The warehouse and storage market in China is expected to grow by USD 17.35 billion, progressing at a CAGR of 7.01% during the forecast period.
Technavio has announced its latest market research report titled
Warehouse and Storage Market in China by End-user and Type - Forecast and Analysis 2021-2025
The rise in demand in the e-commerce market is one of the major factors propelling the market growth. However, an increase in rentals for warehouse and storage space will hamper the market growth.