In 2023, third-party logistics absorbed the biggest portion of real estate in the logistics sector with 39 percent. It was followed by manufacturing with 24 percent. The market witnessed an absorption of 49.6 million sq. ft. in 2023.
Absorption rate in industrial and logistics sectors in India from 2021 to 2023, by sector
The absorption rate is a measure of supply and demand in real estate industry, by taking the number of real estates sold during a period and dividing it by the number that was on the market.
Previous reports have been accessed for historical data.
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Savills. (February 9, 2024). Absorption rate in industrial and logistics sectors in India from 2021 to 2023, by sector [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1299534/india-absorption-rate-in-industrial-and-logistics-sectors-by-sector/
Savills. "Absorption rate in industrial and logistics sectors in India from 2021 to 2023, by sector." Chart. February 9, 2024. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1299534/india-absorption-rate-in-industrial-and-logistics-sectors-by-sector/
Savills. (2024). Absorption rate in industrial and logistics sectors in India from 2021 to 2023, by sector. Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1299534/india-absorption-rate-in-industrial-and-logistics-sectors-by-sector/
Savills. "Absorption Rate in Industrial and Logistics Sectors in India from 2021 to 2023, by Sector." Statista, Statista Inc., 9 Feb 2024, https://www.statista.com/statistics/1299534/india-absorption-rate-in-industrial-and-logistics-sectors-by-sector/
Savills, Absorption rate in industrial and logistics sectors in India from 2021 to 2023, by sector Statista, https://www.statista.com/statistics/1299534/india-absorption-rate-in-industrial-and-logistics-sectors-by-sector/ (last visited January 04, 2025)
Absorption rate in industrial and logistics sectors in India from 2021 to 2023, by sector [Graph], Savills, February 9, 2024. [Online]. Available: https://www.statista.com/statistics/1299534/india-absorption-rate-in-industrial-and-logistics-sectors-by-sector/