Eurasian Region Faces Doubling Warehouse Demand by 2040

The Eurasian Development Bank (EDB) projects a significant surge in warehouse space demand in the Eurasian region by 2040, expecting it to rise from 58 million m² to 101–123 million m². This growth is primarily fueled by the booming e-commerce sector, set to constitute 20–25% of the region's retail trade within two decades.

Eurasian Region Faces Doubling Warehouse Demand by 2040

The rise in demand is also attributed to the redirection of international trade routes towards the east and south post-2022, leading to a surge in external trade volume from 1.28 billion tons in 2023 to a projected 1.4 billion tons by 2040. Currently, the region's warehouse coverage is notably low at 0.23 m² per person, emphasizing the urgent need for additional warehouse construction, especially in light of the escalating e-commerce activities and evolving trade patterns.