Several reports suggest that ecommerce is expected to represent more than 26% of all retail sales in the US by 2025
It is a well-known fact that the pandemic has boosted the productivity of the ecommerce industry. However, we must also note that the segment was already rapidly growing for years, even before the pandemic. On ecommerce sites, consumers have the opportunity to have unlimited choices, and several reports suggest that ecommerce is expected to represent more than 26% of all retail sales in the US by 2025. This, in turn, leads to adding 330 million sqft of space for retail distribution by 2025. The US is putting in all efforts to achieve carbon neutrality by 2050, for which the logistics and warehousing entities are expected to reduce their carbon footprint to align with the country’s ambitions.
This means that the involved parties must take on a low-carbon approach to maintenance and construction. Along with that, availability and site selection is also important to reduce the emissions from transportation. As stated above, the demand has increased in the ecommerce segment, which has led to the rise in the need for good warehouse space. Generally, the key players end up with the majority of sites hiking the prices for the rest of the sellers in the market. Many distribution centers are now finding it very difficult to choose a warehousing land that is apt for them.