/PRNewswire/ The global residential outdoor storage products market size is estimated to grow by USD 327.56 mn from 2024-2028, according to Technavio. The.
NEW YORK, Nov. 8, 2023 /PRNewswire/ — The residential outdoor storage products market is estimated to grow by USD 327.56 million from 2023 to 2028, growing at a CAGR of 3.82%. The residential outdoor storage products market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer residential outdoor […]
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West Chicago business park continues growth spurt with Amazon distribution hub The DuPage Business Center is experiencing major growth, West Chicago Mayor Ruben Pineda said. Daily Herald file photo West Chicago Mayor Ruben Pineda
Updated 4/23/2021 4:12 PM
About a decade ago, a business park south of the DuPage Airport had just one operating business: a sales and repair office for a window company.
Today, the DuPage Business Center is almost fully built out, home to an Amazon distribution center that helped complete a remarkable turnaround at the massive campus in West Chicago.
Last summer, Amazon opened a last mile facility that handles packages for the last leg of delivery to customers. The 145,000-square-foot distribution hub brought about 250 employees, plus another 300 drivers, to the sprawling site.
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Technavio has been monitoring the residential outdoor storage products market and it is poised to grow by USD 178.30 million during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The competitive nature of the market is compelling vendors to focus on innovations in technology, expanding product portfolios, and adopting M&A strategies. Besides, the market is witnessing a high influx of private labels, which has further intensified the competition. Hence, vendors must distinguish their product and service offerings through a clear and unique value proposition.
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