Market overview
The global industrial real estate market is worth USD 254 bn in 2026 and is forecast to reach USD 435 bn by 2036, growing at a 5.5% CAGR. United States is the largest country market and Modern logistics warehouses is the largest by property type segment.
| Scope | Rental income earned from warehouses, distribution centres and light-industrial premises leased to manufacturers, retailers and logistics occupiers. |
|---|---|
| Industry | Services and Utilities |
| Value 2025 | USD 240 bn |
| Value 2026 | USD 254 bn |
| Value 2036 | USD 435 bn |
| CAGR 2026-2036 | 5.5% |
| Volume 2026 | 3,325 million square metres |
| Volume 2036 | 4,660 million square metres |
| Average price 2026 | USD 76.5 per square metre |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Industrial Real Estate market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 254 bn |
| 2027 | USD 268 bn |
| 2028 | USD 283 bn |
| 2029 | USD 299 bn |
| 2030 | USD 315 bn |
| 2031 | USD 332 bn |
| 2032 | USD 351 bn |
| 2033 | USD 370 bn |
| 2034 | USD 390 bn |
| 2035 | USD 412 bn |
| 2036 | USD 435 bn |
Industrial Real Estate market segmentation
By property type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Modern logistics warehouses | 58.0% | 59.4% | USD 148 bn | 5.8% |
| Light industrial and flex | 16.0% | 14.2% | USD 40.7 bn | 4.3% |
| Manufacturing premises | 14.0% | 11.3% | USD 35.6 bn | 3.3% |
| Cold storage facilities | 7.0% | 8.6% | USD 17.8 bn | 7.7% |
| Other industrial | 5.0% | 6.5% | USD 12.7 bn | 8.2% |
By tenant
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Third-party logistics | 34.0% | 35.9% | USD 86.5 bn | 6.1% |
| Retail and e-commerce | 30.0% | 31.6% | USD 76.3 bn | 6.1% |
| Manufacturing | 20.0% | 17.5% | USD 50.9 bn | 4.1% |
| Food and beverage | 8.0% | 8.1% | USD 20.4 bn | 5.6% |
| Other tenants | 8.0% | 7.0% | USD 20.4 bn | 4.1% |
By building size
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Under 5,000 sq m | 19.0% | 16.0% | USD 48.3 bn | 3.7% |
| 5,000 to 20,000 sq m | 42.0% | 40.0% | USD 107 bn | 5.0% |
| Over 20,000 sq m | 39.0% | 44.0% | USD 99.2 bn | 6.8% |
By lease term
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Under 3 years | 21.0% | 18.0% | USD 53.4 bn | 3.9% |
| 3 to 7 years | 44.0% | 42.0% | USD 112 bn | 5.0% |
| Over 7 years | 35.0% | 40.0% | USD 89.0 bn | 6.9% |
By owner type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Institutional investors and REITs | 47.0% | 52.0% | USD 120 bn | 6.6% |
| Developers and private owners | 36.0% | 33.0% | USD 91.6 bn | 4.6% |
| Owner-occupiers | 17.0% | 15.0% | USD 43.2 bn | 4.2% |
Top 25 countries for industrial real estate by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 82.1% of 2026 revenue and the 25 countries below together hold 94.7%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 76.3 bn | 30.0% | USD 131 bn | 5.5% |
| 2 | China | USD 61.1 bn | 24.0% | USD 105 bn | 5.5% |
| 3 | Germany | USD 12.7 bn | 5.0% | USD 20.0 bn | 4.6% |
| 4 | Japan | USD 12.7 bn | 5.0% | USD 17.8 bn | 3.4% |
| 5 | United Kingdom | USD 11.4 bn | 4.5% | USD 18.7 bn | 5.0% |
| 6 | India | USD 8.9 bn | 3.5% | USD 23.0 bn | 10.0% |
| 7 | France | USD 8.1 bn | 3.2% | USD 12.6 bn | 4.5% |
| 8 | Netherlands | USD 6.4 bn | 2.5% | USD 10.0 bn | 4.6% |
| 9 | Australia | USD 5.6 bn | 2.2% | USD 9.6 bn | 5.5% |
| 10 | Canada | USD 5.6 bn | 2.2% | USD 9.6 bn | 5.5% |
| 11 | Spain | USD 5.3 bn | 2.1% | USD 8.9 bn | 5.2% |
| 12 | Italy | USD 4.5 bn | 1.8% | USD 7.5 bn | 5.3% |
| 13 | Belgium | USD 3.8 bn | 1.5% | USD 6.3 bn | 5.2% |
| 14 | Poland | USD 3.2 bn | 1.3% | USD 6.6 bn | 7.3% |
| 15 | South Korea | USD 2.7 bn | 1.1% | USD 4.6 bn | 5.2% |
| 16 | Mexico | USD 2.3 bn | 0.9% | USD 4.7 bn | 7.4% |
| 17 | Brazil | USD 2.0 bn | 0.8% | USD 3.3 bn | 5.2% |
| 18 | Sweden | USD 1.7 bn | 0.7% | USD 2.8 bn | 5.2% |
| 19 | Singapore | USD 1.4 bn | 0.6% | USD 2.3 bn | 5.3% |
| 20 | Switzerland | USD 1.2 bn | 0.5% | USD 2.0 bn | 5.3% |
| 21 | United Arab Emirates | USD 1.0 bn | 0.4% | USD 2.0 bn | 7.2% |
| 22 | Czech Republic | USD 865 mn | 0.3% | USD 1.4 bn | 5.2% |
| 23 | Hong Kong | USD 738 mn | 0.3% | USD 1.0 bn | 3.5% |
| 24 | Ireland | USD 611 mn | 0.2% | USD 1.0 bn | 5.5% |
| 25 | Austria | USD 534 mn | 0.2% | USD 869 mn | 5.0% |
| Rest of world | USD 13.6 bn | 5.3% | USD 22.4 bn | 5.1% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Prologis
- GLP
- Goodman Group
- SEGRO
- Blackstone (Link Logistics)
- ESR Group
Group 2: Regional and specialist players
- Mapletree Logistics Trust
- Rexford Industrial
- EastGroup Properties
- Logicor
- Warehouses De Pauw
- STAG Industrial
- First Industrial Realty Trust
- CapitaLand Ascendas REIT
- LondonMetric Property
Group 3: Emerging and niche players
- VGP
- Montea
- Welspun One Logistics Parks
- IndoSpace
- Panattoni
- Sirius Real Estate
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the industrial real estate market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.5% is calculated from the resulting values.
The market is divided by property type, by tenant, by building size, by lease term, by owner type. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the industrial real estate market?
The global industrial real estate market is estimated at USD 240 bn in 2025 and USD 254 bn in 2026.
How fast will the industrial real estate market grow?
It is forecast to reach USD 435 bn by 2036, a compound annual growth rate of 5.5% from 2026, an increase of USD 180 bn.
Which country is the largest market for industrial real estate?
United States is the largest market by revenue at USD 76.3 bn in 2026, 30.0% of the global total. The three largest countries together hold 59.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 10.0% a year from 2026 to 2036.
Which industrial real estate segment is largest?
In the by property type split, Modern logistics warehouses is the largest segment with 58.0% of 2026 revenue.
Who are the leading industrial real estate companies?
Global leaders include Prologis, GLP, Goodman Group, SEGRO.
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