Article -> Article Details
| Title | Vietnam Warehousing Market Size, Share, Trends and Forecast 2025-2033 |
|---|---|
| Category | Business --> Internets |
| Meta Keywords | vietnam warehousing market |
| Owner | Imarc |
| Description | |
| Vietnam Warehousing Market Overview Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 5.1 Billion Market Forecast in 2033: USD 13.9 Billion Market Growth Rate (2025-33): 10.64% Vietnam warehousing market size reached USD 5.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 13.9 Billion by 2033, exhibiting a growth rate (CAGR) of 10.64% during 2025-2033. The integration of advanced technologies such as automation, robotics, and warehouse management systems (WMS) that has improved efficiency, accuracy, and overall operational performance in warehouses, is driving the market. For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/vietnam-warehousing-market/requestsample Vietnam Warehousing Market Trends and Drivers: Trade factors, coupled with the rapid growth of Vietnam's e-commerce market, have driven change to the structure of the country's warehousing stock away from customary low-clearance warehouses to modern, well-located, Grade-A warehousing stock, driven by the more advanced logistics requirements of major online marketplaces and omnichannel retailers for higher clearance and vertical storage, large cross-docking and sufficient loading capacity for high-density automated racking systems. As a result, developers have been actively buying and developing prime industrial projects along key industrial corridors in the two main regions including the Greater Hanoi Area and the Northern Vietnam Provinces bordering China, as well as the Southern Economic Corridor where Ho Chi Minh City, the biggest center of domestic consumption, is located, as shown by the average asking rent for prime logistics space soaring. The imbalance between supply and demand is even more acute, because modern quality stock is only a small part of total stock. Future supply is absolutely linked to this modernization race with respect to built-to-suit specifications such as an improved power supply of data centers located in logistics parks plus dedicated cold chain zones plus last mile fulfillment centers embedded into urban fringes. This positions these developers well to capitalize on long term tenancy contracts with overseas logistics firms and international retailers establishing themselves in the local market. Another trend is the rapid adoption of technology and automation as people switch from labor-intensive to technology-enabled operations to overcome bottlenecks and gain competitive benefits. High labor costs in metropolitan areas and a shortage of skilled warehouse managers are challenges operators face. To address these challenges, WMSs and WCSs are becoming the de facto entry-level tools that provide real-time visibility and control of the warehouse in operations, optimized picking path assignments and greatly reduced errors. Along with the proliferation of warehouse software tools, we are also seeing a far more mature uptake of physical automation. And it's not just the barcode, these technologies now include AGVs (automated guided vehicles) for moving pallets, AMRs (autonomous mobile robots) for goods-to-person picking, and automated sortation systems, all of which allow the number of parcels processed to be multiplied, and thus allow businesses to meet their precious next-day delivery promises. This shift in technology is intended to lead to data-driven decisions, with advanced 3PL systems being capable of more than keeping track of inventory turnover, such as forecasting seasonal demand and determining optimal utilization of warehouse space. This allows 3PL providers to offer value-added services, such as dynamic pricing models. Smart warehousing infrastructure is expected to continue to be a differentiating factor, with tenants willing to pay a premium for technological solutions that future-proof their supply chain against shifting cost bases and increased consumer demand for speed and accuracy. Environment, Social and Governance (ESG) considerations are becoming a key focus area for investment, development and tenancy decisions in the modern warehousing market in Vietnam. Developers are now prioritizing the development of LEED or LOTUS certified warehouses. International sustainability standards pressure multinationals to comply with energy standards for new factories in Vietnam such as thermal efficiency, new improved rainwater harvesting, skylights for natural light, and rooftop solar power to reduce operating carbon emissions and reduce energy price volatility. Ergonomics, improved ventilation, and welfare facilities that safeguard the health of workers have become common in modern plants, reflecting pressure in the ESG social component and competition for labor. Institutional investors and REITs (Real Estate Investment Trusts) are putting increasing pressure on developers with a clear ESG (Environmental, Social and Governance) strategy, seeing them as less risky and more resilient. Sustainable warehousing must be a baseline requirement, if only because these factors increasingly attract better international tenants and more favorable financing, and in this ever more global world help retain and improve asset value and utility over their life cycle. Vietnam Warehousing Market Industry Segmentation: Product Type Insights: Type Insights:
Ownership Insights:
End Use Insights:
Regional Insights:
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Request Customization: https://www.imarcgroup.com/request?type=report&id=21654&flag=E Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201971-6302 | |