Analysis of the warehouse real estate construction market in India
The relevance of research
The direction of warehouse development is one of the youngest types of development. However, with the development of business, this property is becoming increasingly popular. Warehouse real estate development is an important and attractive area of activity, as well-thought-out logistics is an important component of the success of a commercial enterprise
Purpose of the study
Analysis of the state of the warehouse real estate construction market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the warehouse real estate construction market
Content
Part 1. Overview of the Indian warehouse construction market
1.1. Definition and Characteristics of the Indian Warehouse Construction Market
1.2. Dynamics of the volume of the Indian warehouse construction market, 2014-2018
1.3. Market structure by type of service provided in India
1.4. Structure of the warehouse real estate construction market by Union Territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2. Competitive Analysis in the Warehouse Construction Market in India
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the consumption of warehouse real estate construction
3.1. Estimation of the volume of consumption of construction of warehouse real estate per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the warehouse real estate construction market until 2023
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian warehouse construction market
1.1. Definition and Characteristics of the Indian Warehouse Construction Market
Warehouse real estate - warehouse complexes and premises, which are mainly intended for the storage of materials and products. Warehouse real estate belongs to the category ... The warehouse and industrial real estate sector has increased its share in the total volume of ...
Warehouse real estate development is an important and attractive area…
In this study, when analyzing the supply and commissioning volumes of warehouse real estate, we mean …
...
The level of vacant warehouse space in the crisis years reached …%, in the regions …
One of the main trends in the warehouse real estate construction market is the popularity of the …
The warehouse real estate market in the regions of India is not …
The average size of a lease transaction in 2018 amounted to … sq. m. The vast majority of rental transactions ...
1.2. Dynamics of the volume of the Indian warehouse construction market, 2014-2018
According to an estimate of … the total volume of supply in the high-quality warehouse real estate market in India in 2018 amounted to … mln sq. m. m, … relative to 2017 by ...%. It should be noted that the dynamics of supply growth in 2016 in relative terms was ...
...
Consider the dynamics of the volume of the warehouse real estate market in 2014-2018. The dynamics of the volume of construction (by commissioning) of new warehouse real estate is shown in Diagram 2. Thus, the average indicator of commissioning of new warehouse real estate in 2013 and in 2015-2016 was … mln sq. m. m per year, in 2014 the volume of commissioning was …%, which was due to … The total volume of commissioning of new warehouse real estate in India in 2017 amounted to … mln sq. m. m that...
...
The largest facility put into operation in 2018 was the warehouse…
The speculative lease/sale market was replenished due to …
The assessment of the volume of the warehouse real estate construction market was carried out by the GidMarket company based on data from …
The average sale price of high-quality warehouse real estate in the period from 2012 to 2014 …
At the end of 2018, the volume of the warehouse real estate construction market in value terms amounted to … billion Rs., … compared to 2017 by …%. The only factor in the growth of the market volume in monetary terms was …
In 2014, the volume of the warehouse real estate construction market was …
...
1.3. Market structure by type of service provided in India
As of …, at the end of 2018, the high-quality warehouse real estate market in India represented …% of class A warehouse real estate and …% of class B. Since 2016, in the structure of supply in the warehouse market …., which allows us to talk about ...
Diagram 4. Structure of the warehouse real estate market by type in 2016 and 2018, %
...
1.4. Structure of the warehouse real estate construction market by Union Territories
According to the results of 2018, in the overall structure of construction (commissioned facilities) of high-quality warehouse real estate, more than …% is occupied by …, …% falls on …, …% falls on … Other regions account for …% of the total volume of construction of high-quality warehouse real estate in India at the end of the year.
...
It should be noted that in the regions of India ...
According to …, …% of the total supply of high-quality warehouse real estate falls on …
At the same time, while the overall vacancy rate in India in 2018 was …%, the highest level of vacancy occurs in … (…%), …
1.5. Assessment of current trends and development prospects of the studied market
The main trend in 2017 (after the crisis of 2015-2016) was …
...
In 2018, there were…
In 2018 it was noted…
Reducing the level ...
...
1.6. Assessment of factors affecting the market
Consider the main factors affecting the market and, accordingly, demand. In the warehouse real estate market, a group of ... factors has the strongest influence, determining ...
Economic forces
Retail turnover
Trading companies occupy more than …% of free warehouse space. The largest share belongs to...
The retail trade turnover in 2015-2016 showed … According to the data for 2018, this indicator is …% compared to 2017. According to the data for the 1st quarter of 2019, the retail trade turnover index amounted to …% compared to the same period in 2018. …
...
Demographic factors
...
Political factors
...
Technological factors
...
Table 3. STEP-analysis of factors affecting the warehouse real estate construction market
In general, the impact of macro factors on the warehouse real estate construction market can be assessed as ... Negative impact is exerted by … Positive impact is exerted by …
1.7. Analysis of sectoral indicators of financial and economic activity
The capitalization rate in the warehouse real estate market (an indicator of the market value of an asset to net income for the year), according to …, in 2018 amounted to …%, …
...
Profit from the sale of warehouse real estate in 2018 amounted to … Rs., … relative to 2014 by …%.
...
According to Rosstat, the gross profitability of the warehouse real estate construction industry is … relative to the gross profitability of all sectors of the economy. According to GidMarket calculations, the gross profitability of the warehouse real estate construction industry in 2018 is …%, which is …
...
Profitability indicators of profit before tax in the construction of warehouse real estate in general in the period 2014-2018 …
The values of current liquidity in 2014-2018 of the warehouse real estate construction industry indicate …
...
The absolute liquidity ratio shows what proportion of short-term debt obligations will be covered by cash and cash equivalents in the form of marketable securities and deposits. For Indian companies, the normative value of the absolute liquidity ratio is within … In the warehouse real estate construction industry, the absolute liquidity ratio in all years is …
Table 7. Absolute liquidity in the field of warehouse real estate in comparison with all sectors of the Indian economy, 2014-2018, times
In the analyzed period, business activity (average turnover period of receivables) in the construction of warehouse real estate was moderately …
...
Indicators of financial stability (security of own working capital) in the construction industry of warehouse real estate ...
Diagram 15. Financial stability (security of own working capital) in the field of warehouse real estate, in comparison with all sectors of the Indian economy, 2014-2018, %
Thus, in the dominant majority of cases, the financial indicators of the warehouse real estate construction industry have …
Part 2. Competitive Analysis in the Warehouse Construction Market in India
2.1. Major players in the market
The largest players in the warehouse real estate construction market in 2018 include: …
The warehouse real estate construction market belongs to the … category: TOP-5 account for …% of the market, 10 largest operators occupy about …% of the market volume. Information on the largest players is presented in Table 8.
...
2.2. Market shares of the largest competitors
When assessing the share of the largest competitors in the warehouse real estate market in India, two important features must be taken into account: …
Diagram 16. Shares of the largest competitors in the warehouse real estate construction market in 2018, %
According to GidMarket, as of 2018, the largest warehouse real estate market operators are … (…%), “…” (…%), … (…%), …
2.3. Profiles of major players
Company ""…""
...
Diagram 17. Dynamics of the total revenue of the largest warehouse real estate market operators (TOP-5) in India, 2014-2018
Part 3. Analysis of the consumption of warehouse real estate construction
3.1. Estimation of the volume of consumption of construction of warehouse real estate per capita
The total volume of demand for quality warehouse complexes in the regions amounted to ... sq. m. m, which is on ... p.p. … indicators of the previous year. In the structure of demand, the share of rental transactions accounted for …
...
The largest customers and consumers of warehouse real estate are …
Retail turnover growth in India in 2018 creates …
The data presented in Table 14 shows that the main demand for warehouse real estate is determined by …
...
3.2. Market Saturation and Estimated Market Potential in India
Despite the positive dynamics of …, the vacancy rate compared to the crisis year of 2016 is …%. According to experts … the demand for warehouse space in India will continue in the coming years … It is also expected that in 2020-2022, subject to positive economic development, it may reappear … The warehouse real estate market in India is at the stage … in terms of the life cycle.
Availability of quality warehouse real estate in India during 2013-2018 … sq. m/1000 people up to ... sq. m / 1000 people, however, by European standards, this figure ...
3.3. Description of consumer preferences
In the past few years, the main trend on the part of the consumer has been an increase in demand for supply ...
The described model contains...
Developers comment that during the construction of warehouses …
Demand for warehouse real estate in 2018 by type of tenant/buyer was distributed as follows: …% occupied by …, …% …, …
...
…, storage facilities are often subject to the requirements necessary to store …
High demands on the part of consumers are placed on systems ...
When concluding a warehouse lease agreement, as a rule, ...
3.4. Price analysis
...
In 2018, the highest requested rental rates for high-quality warehouse real estate in … the Union Territories (…Rs./sq. m per year) – due to the limited …, in … the Union Territories (… Rs./sq. m per year), due to more than … , in … the Union Territories (… Rs./sq. m per year) - due to higher rental rates …
The lowest rental rates in …
Table 16. Average prices for warehouse real estate across the Union Territories in 2018, Rs./sq. m per year
For multi-temperature complexes, rental rates will be …% depending on …
Part 4. Assessment of factors of investment attractiveness of the market
...
… factors of the investment climate of the market dominate over ... A comprehensive assessment of the factors of investment attractiveness is ... points - ... the investment climate. This means that within the industry under consideration there are …
The most significant positive factors. …
The most significant negative factors. …
Part 5. Forecast for the development of the warehouse real estate construction market until 2023
...
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
...
Diagrams
Diagram 1. Dynamics of the total supply of the warehouse real estate market, 2014-2018, mln sq. m
Diagram 2. Dynamics of the volume of the market for the construction of new warehouse real estate, 2014-2018, mln sq. m
Diagram 3. Dynamics of the volume of the warehouse real estate construction market, 2013 - 2018, billion Rs.
Diagram 4. Structure of the warehouse real estate market by type in 2016 and 2018, %
Diagram 5. Structure of construction of warehouse real estate in India in 2018, by regions, %
Diagram 6. Retail trade turnover in comparable prices, % to the previous year, 2012-2018
Diagram 7. Dynamics of India's GDP, in 2011-2018, % to the previous year
Diagram 8. Monthly dynamics of the US dollar against the rupee, 2014-2018, Rs. for 1 US dollar
Diagram 9. Population dynamics in India, 2010-2019, million people, %
Diagram 10. Dynamics of real income of the population of India, 2011 - 2019 (Q1), % to the previous year
Diagram 11. Dynamics of the average interest rate on loans, 2014-2019 (Jan-Feb), years, %
Diagram 12. Return on profit before tax (profit of the reporting period) in the field of warehouse real estate in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 13. Current liquidity (total coverage) in the field of warehouse real estate for 2014-2018, times
Diagram 14. Business activity (average term of receivables turnover) in the field of warehouse real estate, for 2014-2018, days days
Diagram 15. Financial stability (security of own working capital) in the field of warehouse real estate, in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 16. Shares of the largest competitors in the warehouse real estate construction market in 2018, %
Diagram 17.Dynamics of the total revenue of the largest warehouse real estate market operators (TOP-5) in India, 2014-2018
Diagram 18. The volume of consumption of warehouse real estate per capita, 2013-2018, Rs./person
Diagram 19. Availability of high-quality warehouse real estate, 2013 - 2018, sq. m/1000 people
Diagram 20. Distribution of transactions by type of lessee/buyer in 2018, %
Diagram 21. Forecast of the volume of the market for the construction of new warehouse real estate in 2019 - 2023, mln sq. m
Tables
Table 1. Urban and rural population in India in 2014-2019, million people, %
Table 2. Weighted average interest rates of credit institutions on credit operations in rupees (% per annum), 2014-2019 (Jan-Feb.)
Table 3. STEP-analysis of factors affecting the warehouse real estate construction market
Table 4. Capitalization rate in the warehouse real estate market, 2014-2018, %
Table 5. Profit (loss) from the sale of warehouse real estate in the Union Territories of India, 2014-2018, million Rs.
Table 6.Gross profitability of the warehouse real estate construction industry in comparison with all sectors of the Indian economy, 2014-2018, %
Table 7. Absolute liquidity in the field of warehouse real estate in comparison with all sectors of the Indian economy, 2014-2018, times
Table 8. The main companies participating in the warehouse real estate market in 2018
Table 9. Basic information about the participant XXXXX of the warehouse real estate market
Table 10. Basic information about the participant XXXXX of the warehouse real estate market
Table 11. Basic information about the participant XXXXX of the warehouse real estate market
Table 12. Basic information about the participant XXXXX of the warehouse real estate market
Table 13. Basic information about the participant XXXXX of the warehouse real estate market
Table 14. The largest transactions in the warehouse real estate market in 2018
Table 15. Consumer price indices for warehouse real estate in India in 2013-2018, %
Table 16. Average prices for warehouse real estate across the Union Territories in 2018, Rs./sq. m per year
Table 17. Assessment of factors of investment attractiveness of the warehouse real estate market
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