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:
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.
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.
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
Gain access to more vendor profiles with their key offerings available with Technavio, Click Here.
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). Download Exclusive Free Sample Report
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). Download Exclusive Free Sample Report
Warehouse Racking Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of almost 6%
Market growth 2021-2025
USD 1.74 billion
YoY growth (%)
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
Leading companies, competitive strategies, consumer engagement scope
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.
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.
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:
Five Forces Analysis
Market Segmentation by End-user
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.