Establishments primarily engaged in the warehousing and storage of special products, not elsewhere classified, such as household goods, automobiles (dead storage only), furs (for the trade), textiles, whiskey, and goods at foreign trade zones. Warehouses primarily engaged in blending wines are classified in Wholesale Trade, Industry 5182.
The Special Warehousing and Storage industry (NAICS 4226) has seen significant qualitative trends recently, driven largely by technological advancement and shifts in consumer behavior. One notable trend is the increasing adoption of automation and robotics to enhance efficiency and reduce operational costs. Warehouses are utilizing automated storage and retrieval systems (ASRS), robotic pickers, and conveyor systems to streamline workflows and improve accuracy.
Another key trend is the growing demand for climate-controlled and specialty storage solutions, driven by sectors such as pharmaceuticals, electronics, and high-value perishables. As consumers demand faster delivery times, there is an increasing emphasis on strategic warehouse locations that enable same-day or next-day shipping capabilities.
Regarding future forecasts, the industry is expected to continue integrating IoT (Internet of Things) and AI (Artificial Intelligence) technologies to optimize inventory management. Blockchain technology is also anticipated to make inroads in enhancing traceability and security of stored goods. Additionally, with sustainability becoming a crucial factor, companies are likely to invest in green warehousing practices, such as using energy-efficient lighting and renewable energy sources.
The e-commerce boom, partly accelerated by the COVID-19 pandemic, is projected to sustain high demand for specialized warehousing and storage services. As a result, the industry is poised for steady growth, with increased investments in real estate and technological infrastructure to meet evolving market needs.
Automobile dead storage
Fur storage for the trade
Furniture storage, without local trucking
Household goods warehousing and storage, without local trucking
Lumber terminals, storage for hire
Oil and gasoline storage caverns for hire
Storage of goods at foreign trade zones
Storage, special: except farm products and cold storage
Textile warehousing
Warehousing of goods at foreign trade zones
Warehousing, special except farm products and cold storage
Whiskey warehousing
Petroleum and chemical bulk stations and terminals for hire
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.