After a minor setback in 2020 due to disruptions arising from COVID-19, the rare earth elements market is expected to see a solid recovery in 2021, principally supported by activities of several national governments and global bodies to mitigate carbon emissions.
The global warehouse market is expected to grow further in 2021, as the demand for such services is slowly and steadily rising. The global warehousing market is forecasted to grow at a CAGR of 7 percent between 2020 and 2024 to touch the $326 billion mark by the end of 2024.