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Global Stacker Market Size study, by Type (Electric, Manual/Hydraulic, and Semi-Electric), End-User (Retail & Wholesale, Logistics, Automobile, Food & Beverages, and Others) and Regional Forecasts 2024-2032

Global Stacker Market Size study, by Type (Electric, Manual/Hydraulic, and...

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Global Stacker Market Size study, by Type (Electric, Manual/Hydraulic, and Semi-Electric), End-User (Retail & Wholesale, Logistics, Automobile, Food & Beverages, and Others) and Regional Forecasts 2024-2032
Global Stacker Market Size study,...
Report Code
RO8/103/1809

Publish Date
30/Aug/2024

Pages
200
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Global Stacker Market is valued approximately USD 2621.2 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2024-2032. Stackers are used in material handling operations to move and lift heavy loads such as containers or pallets, within warehouses, distribution centers, and manufacturing facilities. The global stackers market is influenced by various factors such as industrial growth, warehouse automation trends, e-commerce expansion, and advancement in material handling technologies. The evolution and demand for efficient logistics and warehousing solutions grow, the key players in global stacker market are using various new initiative to fulfil this growing demand. For instance, in February 2022, JBT Proseal introduced a newly fully automated case de-stacker solution to enhance and compliment the effectiveness of its case packing. According to the company, the new de-stacker solution substantially decreases the duty on workers payload cases into automated case packing machines and lessen the tedious manual handling demand by automatically de-stacking cases and transporting them to the case packing machine.

The increase in infrastructure projects globally is one of the significant factors driving demand for the global stacker market. private and governments sector invest in large-scale infrastructure developments such as commercial complexes, transportation networks, and industrial facilities, the requirement for well-organized material handling equipment such as stackers becomes supreme. For instance, in 2018, Chinese Government permitted 27 infrastructure projects worth $219 billion to save its slow economy. Moreover, growing emphasis on infrastructure modernization and urban development initiatives in various regions further drive demand for the global stacker market. Stackers is vital for these projects by providing movement, storage and distribution of construction materials, components, and finished products within construction sites and logistics hubs. Furthermore, Countries capitalizing in upgrading their transportation systems, escalating port facilities, and constructing commercial complexes rely heavily on stackers to safeguard smooth material flow and logistical efficiency. However, high initial investments and a lack of understanding among developing economies, on the other hand, will stifle market growth between 2022 and 2032.

The key regions considered for the global Stacker market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia-Pacific was the largest regional market. Countries such as China, India, and Southeast Asian nations are observing substantial industrial growth across various sectors, including electronics, manufacturing, and automotive, therefore need of effective stackers for material handling solutions to streamline warehouse operations and enhance productivity. Furthermore, Asia Pacific has emerged into one of the powerhouses in the e-commerce sector, with a large and rapidly growing online consumer base. The E-commerce companies depend deeply on warehouses and distribution centers to fulfill orders promptly, driving demand for the stacker market to handle inventory effectively and manage logistics. The market in North America, on the other hand, is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:
CLARK Material Handling Company
Crown Equipment Corporation
Doosan Corporation
Godrej and Boyce Manufacturing Company Limited
Hangcha Group Co., Ltd
Hyster-Yale Materials Handling, Inc
Jungheinrich AG
KION Group AG
Mitsubishi Logisnext Co., Ltd
Toyota Industries Corporation
The detailed segments and sub-segment of the market are explained below:
By Type
Electric
Manual/Hydraulic
Semi-Electric
By End-User
Retail & Wholesale
Logistics
Automobile
Food & Beverages
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

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