Warehouse Racking Market: Top Geographies and Market Highlights

Geographical Analysis and Market Highlights 2021-2025

The warehouse racking market is set to grow by $ 1.74 bn, accelerating at a CAGR of almost 5.92% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.


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Warehouse Racking Market: APAC to lead market growth during the forecast period

  • APAC emerged as the leading geographical segment in recent years and is expected to contribute 62% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the warehouse racking market size.
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the increasing demand for storage and warehousing.  Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
  • Market 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).

Warehouse Racking Market to Post Incremental Growth of $ 1.74 bn During 2021-2025 | Key Geographies that will Drive Growth

Warehouse Racking Market: Competitive Landscape

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 5.92%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 1.74 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increasing demand for storage and warehousing will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    62% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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.
     
  7. What are the market segments covered in this report?
    The market 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).

Market Segmentation by End-user

    • Warehouse Racking Market Split by End-user
      • Automotive industry
      • Food and beverage industry
      • Retail industry
      • Other industries
    • Warehouse Racking Market Split by Geography
      • APAC
      • North America
      • Europe
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • 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
  • Toyota Industries Corp.

Warehouse Racking Market Size to Grow by USD 1.35 bn through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the warehouse racking market and it is expected to grow by USD 1.35 bn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Warehouse Racking Market: Receive Free Sample Report


Warehouse Racking Market: Emerging Trends to Impact Market Growth

Increasing adoption of omnichannel strategies to emerge as a key trend in the industrial warehouse racking market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Warehouse Racking Market to Post Incremental Growth of $ 1.74 bn During 2021-2025 | Key Geographies that will Drive Growth

Warehouse Racking Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Daifuku Co. Ltd., Honeywell International Inc., Interroll Holding AG, Kardex AG, KION GROUP AG, Mecalux SA, Murata Machinery Ltd., SSI SCHAEFER Group, TGW LOGISTICS GROUP, and Toyota Industries Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

Warehouse Racking Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the warehouse racking market and it is expected to grow by USD 1.35 bn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Warehouse Racking Market: Key Trends to impact market growth

The increasing adoption of omnichannel strategies is one of the key warehouse racking market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Warehouse Racking Market: Top Drivers to Boost Demand

The rising demand for packaged food and beverages is one of the primary factors driving the growth of the warehouse racking market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Warehouse Racking Market to Post Incremental Growth of $ 1.74 bn During 2021-2025 | Key Geographies that will Drive Growth

Vendor Analysis: Daifuku Co. Ltd., Honeywell International Inc. and Interroll Holding AG are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Daifuku Co. Ltd., Honeywell International Inc., Interroll Holding AG, Kardex AG, KION GROUP AG, Mecalux SA, Murata Machinery Ltd., SSI SCHAEFER Group, TGW LOGISTICS GROUP, and Toyota Industries Corp. are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Warehouse Racking Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive warehouse racking market growth during the next five years
  • Precise estimation of the warehouse racking market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the warehouse racking market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of warehouse racking market vendors

Technavio has been monitoring the global warehouse racking market and it is expected to grow by USD 1.35 billion, progressing at a CAGR of over 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Warehouse Racking Market: Key trend to impact market growth

The rising popularity of omnichannel is one of the vital warehouse racking market trends, which is expected to gain traction during the forecast period. Apple and Carrefour are some of the companies that have already adopted the omnichannel way of selling their products. This enables customers to select a product online and then select the nearest store or a warehouse to try out the product. Additionally, the companies also offer customers the option to purchase the product at the warehouse or online. 

Warehouse Racking Market to Post Incremental Growth of $ 1.74 bn During 2021-2025 | Key Geographies that will Drive Growth

Warehouse Racking Market: Top driver to booost demand  

The rising demand for packaged food and beverages is one of the major factors that will drive market growth. The purchase volume of products is increasing due to the increasing population and economic growth across the world. The food and beverage industry is witnessing intense competition among food-producing companies. This has induced companies to focus on offering better services such as faster and in-time deliveries of products and adoption of the ecommerce channel. As a result, these companies set up warehouses and warehouse storage racks near the cities. This will drive the need for racking to optimize warehouses, whiich in turn will lead to the growth of the market in focus.

Vendor Analysis: Daifuku Co. Ltd., Honeywell International Inc. and Interroll Holding AG are key growth contributors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Daifuku Co. Ltd., Honeywell International Inc., Interroll Holding AG, Kardex AG, KION GROUP AG, Mecalux SA, Murata Machinery Ltd., SSI SCHAEFER Group, TGW LOGISTICS GROUP, and Toyota Industries Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Warehouse Racking Market to Post Incremental Growth of $ 1.74 bn During 2021-2025 | Key Geographies that will Drive Growth

For more insights on this market: Download a Free Sample Report 

Warehouse Racking Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive warehouse racking market growth during the next five years
  • Precise estimation of the warehouse racking market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the warehouse racking market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of warehouse racking market vendors
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