Cloud warehouse, warehousing and logistics, what is the prospect of this industry?

Warehousing industry total assets growth is obvious

In recent years, China's warehousing industry has developed rapidly, the sustained and healthy development of the domestic economy and the rise of China's logistics industry for the development of the warehousing industry to provide a huge market demand, coupled with the manufacturing industry, trade and distribution outsourcing demand release and the The strengthening of the strategic position of the warehousing industry, the total assets of the warehousing industry to maintain the growth trend.

According to GGII information, in recent years by the impact of the macroeconomic downturn, the impact of investment in various industries tightened or delayed, fixed investment in the warehousing industry slowed down. In addition, due to the significant growth of investment in the warehousing industry for more than ten consecutive years (2006-2017), the industry's investment has shifted to the improvement of the function of the warehouse, the construction of the end nodes, informationization, intelligence, etc., which has slowed down the investment in the warehousing industry to a certain extent. According to the industry's externally published data for 2013-2017, it shows an average annual growth rate of 14.6%. Based on the above analysis, it is expected that the recent growth rate will not exceed 10%, according to the growth rate of 10% in 2018 and 8% in 2019 and 2020 to predict that the total assets of the warehousing industry will reach 3.7 trillion yuan in 2020.

Warehousing business demand has room for improvement

China's warehousing business volume index averaged 56% in 2019, up 3.5 percentage points from 2018, showing that the total business volume of the warehousing industry throughout the year has shown a steady rise, and the growth rate of the volume of business is strong. From the annual trend of the index, the business volume index was only in the contraction range in February due to the impact of the Chinese New Year, and the other months were all in the expansion range, and continued to maintain a high level above 56% throughout the year. Reflecting the active warehousing business activities and rapid growth in demand.

2020 by the new crown epidemic, January-June warehousing industry average business volume index of 49.98%, slightly below the level of 50% of the Rongxu line, in the first half of the country's economic contraction of the background of the obvious, the warehousing business demand for the performance of the stability of the epidemic is expected to be fully recovered will show an upward trend.

Warehousing business profitability shows an expansion trend

The average value of China's warehousing business profit index for the whole year of 2019 was 51.9%, an increase of 3.1 percentage points year-on-year, reflecting the improvement of warehousing business profitability. the beginning of 2020 was impacted by the epidemic, and in February 2020 it dropped to a record low of 24.3%, and the average business volume index was 45.9% in the first half of 2020, remaining below the Rongbuk line, but began to recover to the level above the Rongbuk line in April after the epidemic stabilized, indicating that the profitability of warehousing business is still on a trend of further expansion.

Insufficient supply of high standard warehouses

According to the warehouse resource data covering 32 provinces, 219 cities, and 7,187 parks in China, which is counted by IOT Cloud Warehouse, the total area of general warehouses in the country is more than 300 million square meters as of the end of 2019, and in terms of the warehouse level, at present, the high standard warehouses account for about 30% of the total area of general warehouses , the total amount is still insufficient.

According to CITIC Securities data, China's current per capita warehouse area of 0.4 square meters / person, far lower than Japan's 4.0 square meters / person and the United States of America's 5.4 square meters / person; per capita modernized warehousing (high-standard warehouse) area accounted for only 0.1 square meters / person, while the U.S. per capita is as high as 1.2 square meters / person. Shows that the domestic high standard warehouse supply is insufficient, there is still a lot of room for market expansion.

High-standard warehouse become one of the industry's future development trend

The so-called high standard warehouse, that is, refers to the "high standard of warehousing and logistics equipment", high standard warehouse and the differences between the traditional warehouse is mainly manifested in the following: high-standard warehouse site is reasonable and compliant, and the building structure of the relatively advanced and complete In addition, the use of computers, communications and robotics, supplemented by smooth logistics information planning system, can realize the effect of logistics scale, improve the efficiency and accuracy of picking, thus reducing the cost of warehousing and reducing the inventory capital occupancy rate. Based on this, the high standard warehouse has become one of the main trends in the development of the warehousing industry.

The above data refer to China Warehouse Logistics Industry Market Outlook and Investment Strategy Planning Analysis Report by Prospect Industry Research Institute.