Warehouses are buildings used for storage of goods. Warehouses can be used by manufacturers, suppliers, exporters and wholesalers as well as transport companies, customs and customs. These warehouses are often large, plain buildings located in industrial parks near the outskirts or towns of cities, towns, and villages.
Many people believe that the warehouse staff and storage industries don’t make much profit. If you’re one of these people, you are mistaken. Surveys show that warehouse and storage are less popular than other industries but on an increasing demand. It is therefore important to learn about these industries.
Storage facilities are essential for every business. Some businesses require large storage spaces with huge warehouses and a large number of warehouse staff. Some need a lot of space, while others only require a small amount. These industries are working towards creating a better economy on the global market. Many people don’t know the different operations of the storage industry.
Here are some interesting facts about the warehouse industry.
- About 10% of all jobs currently available in job market are in the manufacturing and warehouse staffing industries.
- The huge NASA vehicle assembly building is 348,000 sq. feet. It has its own weather, even producing its own rain clouds.
- In the next ten years, the manufacturing industry will have too many warehouse staff jobs. Nearly 2 million of the 3.5 million jobs that have been created in this space will remain vacant.
- Manufacturing is a wonderful career option for those who have not completed college. The income of warehouse staff who did not have a college degree was almost 11% more than that of those working in other industries.
- Constellation Europe, which houses 57 million bottles of wine, is Europe’s largest wine warehouse. All of the wine bottles could be stretched over 9,000 miles if they were all stretched together.
- Amazon could store more than 700 Madison Square Gardens and 10,000 pools of Olympic size in its largest warehouses.
- The average distribution centre in America was 672,080 square feet in 2018.
- Warehouse staff in the warehouse industry are getting better pay. The Bureau of Labor Statistics reports that hourly wages for warehouse workers have increased by more than 20% between 2008 and 2017.
- When there is a high demand for warehouse staff, approximately 13% are temporary workers. Temporary workers make up more than 19% in times of high demand, especially around holidays.
- It is a broad industry. The United States currently has 6,215,000 workers and material movers in the workforce (bls.gov 2020).
- By 2030, there will be 406,500 new jobs in material moving (bls.gov 2020).
- In 2021, the top 10% of material movers and hand labourers earned $47,000.
- The estimated revenue from the warehouse industry in 2021 was $50.5 billion. (Statistica Industry Report)
- There are many opportunities for upward mobility in the warehouse industry. Warehouses offer many entry-level positions that allow you to gain valuable experience on the job. This will prepare you for managerial roles later.
Conclusion
With the increasing demand of warehouses the demand of warehouse staff is also on hike,it is a growing industry, and an amazing career opportunity.
