Warehousing & Storage in Ireland - Market Research Report (2014-2029)
London, United Kingdom
Last Updated: August 2024
SIC H52.100IERevenue
€913.6m
Past 5-Year Growth
Profit
€XXX.Xm
Employees
4,251
Businesses
343
Wages
€XXX.Xm
Warehousing & Storage in Ireland industry analysis
Warehouses and storage facilities are used to store a variety of inputs, intermediate goods and finished goods for downstream businesses spanning the entire economy, so demand is sensitive to a number of different variables and can be volatile. Rising e-commerce sales has boosted demand for warehouse space in recent years, while an influx of multinational domiciled pharmaceutical companies have commanded specialised storage space to meet their growing logistical needs. Operators have been investing in technology and offering value-added services like inventory management, encouraging downstream customers to outsource their supply chain activities.
Trends and Insights
- COVID-19 both helps and hinders warehousing and storage. Reduced demand from disrupted industries (like manufacturers and construction companies) ate into sales, but this was offset by the surge in online retail sales propelling the need for storage space.
- The Brexit deal holds warehousing and storage demand back. Prior to Brexit, demand for bonded warehouse space surged in case a deal wasn’t struck, but the establishment of a free trade deal eliminated this surge in demand.
- Warehousing and storage companies seek strategic locations. Proximity to economic hubs, efficient transportation links and growing demand from key markets all affect where companies choose to set up shop.
- Adding value helps draw customers in. Warehousing and storage companies compete by offering tailored solutions, inventory management and superior customer service to secure long-term contracts and keep clients happy.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.3 % over the past five years, to reach an estimated €913.6m in 2024.
Trends and Insights
The pandemic spurred a significant decline in demand
- Pandemic-related disruption led to reduced output in key downstream markets over the two years through 2021, leading to lower demand and longer storage times.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Recent capacity expansion points towards strong demand prospects
- Dublin's industrial and logistics construction market has recorded a steady upward trend, with completions reaching around 2 million square feet in 2022.
Biggest companies in the Warehousing & Storage in Ireland
| Company | Market Share (%)
2024 | Revenue (€m)
2024 |
|---|---|---|
DHL Supply Chain (Ireland) Ltd | 28.4 | |
Store-All Logistics Ltd | 13.0 | |
Wincanton Ireland Ltd | 6.0 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including General storage, Customs bonded warehouse storage and Other storage. General storage is the largest segment of the Warehousing & Storage in Ireland.
Trends and Insights
Ireland's e-commerce boom has boosted demand for general storage
- Revenue from general storage is realised through moving and delivering stock.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Freight Rail Transport in Ireland
- Freight Road Transport in Ireland
- Removal Services in Ireland
- Freight Forwarding & Customs Agents in Ireland
International industries
- General Warehousing & Storage in the US
- Refrigerated Storage in the US
- Farm Product Storage & Warehousing in the US
- Specialized Storage & Warehousing in the US
- Mobile Storage Services in the US
Table of Contents
About this industry
Industry definition
This industry consists of firms that operate storage facilities for all kinds of goods, including general merchandise warehouses and refrigerated warehouses. Companies that operate in-house storage facilities for their own goods are not included in this industry.
What's included in this industry?
General storageCustoms bonded warehouse storageOther storageCompanies
DHL Supply Chain (Ireland) LtdStore-All Logistics LtdWincanton Ireland LtdPurchase this report to view all 3 major companies in this industry.
Related Terms
FAST-MOVING CONSUMER GOODS (FMCG) COLD STORAGE RADIO-FREQUENCY IDENTIFICATION (RFID)Industry Code
SIC 52.10 - Warehousing & Storage in Ireland
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
COVID-19 both helps and hinders warehousing and storage. Reduced demand from disrupted industries (like manufacturers and construction companies) ate into sales, but this was...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The Brexit deal holds warehousing and storage demand back. Prior to Brexit, demand for bonded warehouse space surged in case a deal wasn’t struck, but the establishment of a ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Warehousing and storage companies seek strategic locations. Proximity to economic hubs, efficient transportation links and growing demand from key markets all affect where co...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Adding value helps draw customers in. Warehousing and storage companies compete by offering tailored solutions, inventory management and superior customer service to secure l...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The market remains highly fragmented. No company holds a dominant position, the result of warehouse users’ diverse needs and the industry’s low barriers to entry.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of DHL Supply Chain (Ireland) Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Store-All Logistics Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Wincanton Ireland Ltd's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for DHL Supply Chain (Ireland) Ltd, and factors influencing its performance in the industry
- Description and key data for Store-All Logistics Ltd, and factors influencing its performance in the industry
- Description and key data for Wincanton Ireland Ltd, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Worker safety is paramount. The Health and Safety at Work Act 2005 ensures a safe working environment through risk assessments, employee training and protective measures.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profitability fluctuates with demand. Recently, it’s been hit by the COVID-19-driven drop in retail and manufacturing demand, though soaring e-commerce demand has limited the...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Ireland include:
- Central Statistics Office
- Department of Enterprise, Trade and Employment
- Irish Tax & Customs
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Warehousing & Storage industry in Ireland in 2024?
The market size of the Warehousing & Storage industry in Ireland is €913.6m in 2024.
How many businesses are there in the Warehousing & Storage in Ireland industry in 2024?
There are 343 businesses in the Warehousing & Storage industry in Ireland, which has declined at a CAGR of 0.2 % between 2019 and 2024.
Has the Warehousing & Storage industry in Ireland grown or declined over the past 5 years?
The market size of the Warehousing & Storage industry in Ireland has been growing at a CAGR of 1.3 % between 2019 and 2024.
What is the forecast growth of the Warehousing & Storage industry in Ireland over the next 5 years?
Over the next five years, the Warehousing & Storage industry in Ireland is expected to grow.
What are the biggest companies in the Warehousing & Storage market in Ireland?
The biggest companies operating in the Warehousing & Storage market in Ireland are DHL Supply Chain (Ireland) Ltd, Store-All Logistics Ltd and Wincanton Ireland Ltd
What does the Warehousing & Storage in Ireland include?
General storage and Customs bonded warehouse storage are part of the Warehousing & Storage industry.
Which companies have the highest market share in the Warehousing & Storage in Ireland?
The company holding the most market share in Ireland is DHL Supply Chain (Ireland) Ltd.
How competitive is the Warehousing & Storage industry in Ireland?
The level of competition is moderate and increasing in the Warehousing & Storage industry in Ireland.
