Market revenue in 2023 | USD 411.7 million |
Market revenue in 2030 | USD 505.9 million |
Growth rate | 3% (CAGR from 2023 to 2030) |
Largest segment | Selective pallets |
Fastest growing segment | Selective Pallets |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Selective Pallets, Drive-in, Push Back, Pallet Flow, Cantilever |
Key market players worldwide | Daifuku Co Ltd, Mecalux Espana, Kardex Holding AG Registered Shares, Nucor Corp, Emera Inc, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, SSI SCHAEFER, KION GROUP AG, Toyota Industries Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to warehouse racking market will help companies and investors design strategic landscapes.
Selective pallets was the largest segment with a revenue share of 49.14% in 2023. Horizon Databook has segmented the Brazil warehouse racking market based on selective pallets, drive-in, push back, pallet flow, cantilever covering the revenue growth of each sub-segment from 2018 to 2030.
The global warehouse racking market is majorly driven by rising demand from the automotive, food and beverage, retail, packaging, industrial, and manufacturing applications. Brazil is a prominent contributor to the GDP and is one of the significant markets in the region.
Various multinational companies across multiple industries extend their presence in the country through their supply chain network. It facilitates them to enhance their logistic services, mark presence in the emerging countries like Brazil, strengthen their market position and gain the desired customer base.
The inclination and rising interest of multinational companies towards Brazil and other Central and South American countries can be associated with the proximity of these countries with the North American markets, attractive labor market, favorable trade policies, and its significant and potential customer base.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into Brazil warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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