Industrial Real Estate Market Growth Trajectory Through 2024-2033

The Industrial Real Estate Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Industrial Real Estate Market:
https://www.thebusinessresearchcompany.com/report/industrial-real-estate-global-market-report

According to The Business Research Company’s Industrial Real Estate Global Market Report 2024, The industrial real estate market size has grown strongly in recent years. It will grow from $95.42 billion in 2023 to $101.66 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing demand for industrial spaces, rise in foreign direct investment, growth in manufacturing activities, growth in e-commerce activities, and availability of affordable land and labor.

The industrial real estate market size is expected to see strong growth in the next few years. It will grow to $131.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising infrastructure development, increasing urbanization, increasing trade volumes, rising consumer expectations, and supply chain optimization. Major trends in the forecast period include adoption of smart technologies, automation and smart warehousing, adoption of predictive maintenance, digital twin technology, adoption of robotics, and big data and analytics.

The increasing construction is expected to propel the growth of the industrial real estate market going forward. Construction activities involve the physical development of buildings, infrastructure, and other structures. The increasing construction and real estate activities are due to rapid urbanization, infrastructure development, and a focus on efficiency and accuracy in building projects. Industrial real estate supports construction by providing the necessary infrastructure, facilities, and logistical support to streamline operations, enhance efficiency, and facilitate the construction process from planning through to completion. For instance, in February 2024, according to Eurostat, a Europe-based government agency, the average annual building production in the EU and the euro region increased by 0.1% and 0.2%, respectively, compared to 2022. Additionally, in December 2021, according to the United States Census Bureau, a US-based government agency, the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022, with a growth rate of 10.2 percent. Therefore, the increasing construction drives the industrial real estate market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=18390&type=smp

The industrial real estate market covered in this report is segmented –

1) By Product: Industrial, Retail, Office, Warehousing
2) By Size: Small, Medium, Large
3) By Application: Manufacturing, Distribution, Logistics, Research And Development, Data Centers, Other Applications

Major companies operating in the industrial real estate market are investing in real estate projects to expand their property portfolios, enhance logistics capabilities, and meet the growing demand for modern industrial spaces. The investment highlights the company’s strategic focus on tapping the rapidly expanding industrial real estate market through sustainable, large-scale developments. For instance, in December 2023, Panattoni Development Company, a US-based industrial real estate company, invested over USD 101.4 million (€100 million) in India to significantly expand its presence there. The company has announced plans to invest $100 million in India annually for several years to build industrial warehouses in key markets such as Delhi NCR, Mumbai, Bengaluru, Chennai, and Pune.

The industrial real estate market report table of contents includes:

1. Executive Summary
2. Industrial Real Estate Market Characteristics
3. Industrial Real Estate Market Trends And Strategies
4. Industrial Real Estate Market – Macro Economic Scenario
5. Global Industrial Real Estate Market Size and Growth
.
.
.
32. Global Industrial Real Estate Market Competitive Benchmarking
33. Global Industrial Real Estate Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Real Estate Market
35. Industrial Real Estate Market Future Outlook and Potential Analysis
36. Appendix