The year 2024 begins with an increase in storage solutions in the logistics sector

2024-04-12 22:15:12

Recently, the Institute for Applied Economic Research (IPEA) revised its projection for Brazil’s Gross Domestic Product (GDP), increasing it from 2.3% to 3.3% in 2023, maintaining the expectation for 2024 at 2%. Furthermore, the prospect of a gradual reduction in interest rates, forecast at 9% for the year 2024, as indicated by the Focus Bulletin, is another element that should boost the growth of the economy as a whole, including the logistics sector. The Brazilian Association of Infrastructure and Basic Industries (Abdib) also estimates that the private sector should invest R$ 124.3 billion in transport and logistics between 2022 and 2026. Given this favorable context, emergency logistics, especially in the air modal, projects significant growth, expanding its participation in various segments of the Brazilian economy.

The services sector, which includes transportation and storage services, recorded an increase of 2.3% in 2023, marking the third consecutive year of expansion. In December last year, the volume of services in Brazil grew 0.3%, marking the second consecutive positive result. The accumulated result in the last two months of the year represented an increase of 1.2%, contributing to the partial recovery of the 2.1% loss recorded between August and October, according to the IBGE.

Following this movement, SHEIN, a global online fashion, beauty and lifestyle retailer, has increased its rental space contracts in recent years. In 2022, the company occupied approximately 135 thousand m², in the class AAA condominium – GLP Guarulhos II. With this lease, SHEIN expanded its leased area to 216 thousand m².

For Felipe Feistler, General Manager of SHEIN in Brazil, the partnership is a major advance in logistics capacity for the brand. “Having our third warehouse strategically located among the largest consumption centers in the country is another step in line with the investments we announced in Brazil. We want to provide the best possible shopping experience for our consumers and agility of delivery is one of the key factors for this”, highlights the executive.

ABRALOG highlights that companies from the most diverse segments are seeking to expand their logistics operations, resulting in a growing demand for storage and distribution spaces. Given this favorable outlook, the Operations Director of C-Freighta company that operates in the logistics sector and storage solutions, predicts that the rental market for the logistics sector will continue to rise throughout 2024. For Sergio Freitas The expansion of e-commerce, combined with investments in infrastructure and technology such as Artificial Intelligence, automation, real-time inventory visibility, fast and efficient deliveries, tends to further boost this trend, providing opportunities for both companies in all sectors, and for the expansion of solutions provided by the logistics sector.˜

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