The potential growth difference for the warehouse racking market between 2021 and 2025 is USD 1.74 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing demand for storage and warehousing and convenience in consumption are some of the key market drivers. However, factors such as large fluctuations in raw material costs that affect the profitability of suppliers will challenge market growth.
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The warehouse racking market report is segmented by End-user (Automotive industry, Food and beverage industry, Retail industry, and Other industries) and Geography (APAC, North America, Europe, MEA, and South America). APAC will be the leading region with 62% of the market's growth during the forecast period. China, South Korea (Republic of Korea), and India are the key markets for warehouse racking market in APAC.
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Companies Mentioned with their Offerings
- AK Material Handling Systems: The company offers pallet racks for warehouse racking systems.
- Daifuku Co. Ltd.: The company offers warehouse racking systems such as mobile pallet racking and shuttle rack L.
- Honeywell International Inc.
- Interroll Holding AG
- Kardex AG
- Gain access to more vendor profiles with their key offerings available with Technavio, Click Here.
Related Reports:
Global Food and Beverage Warehousing Market - Global food and beverage warehousing market is segmented by application (meat, fish, and seafood; dairy and frozen desserts; bakery, confectionery, and beverages; fruits and vegetables; and others) and Geography (North America, Europe, APAC, South America, and MEA).
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Global Warehousing and Storage Market - Global warehousing and storage market is segmented by type (general, refrigerated, and farm products) and geography (APAC, North America, Europe, South America, and MEA).
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Warehouse Racking Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of almost 6% |
Market growth 2021-2025 |
USD 1.74 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.91 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 62% |
Key consumer countries |
China, US, Germany, South Korea (Republic of Korea), and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AK Material Handling Systems, Daifuku Co. Ltd., Honeywell International Inc., Interroll Holding AG, Kardex AG, KION GROUP AG, Mecalux SA, Murata Machinery Ltd., SSI SCHAEFER Group, and Toyota Industries Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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