Market revenue in 2023 | USD 716.0 million |
Market revenue in 2030 | USD 919.8 million |
Growth rate | 3.6% (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 39.15% in 2023. Horizon Databook has segmented the Germany 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.
Rise in development of logistics coupled with the demand of compact storage and product retrieval solution in the country is favoring the growth of the market. Presence of the top warehouse and logistics region such as Berlin, Frankfurt, Hamburg, Dusseldorf, and Munich that deals in more than 50 percent of the country’s logistics and warehousing offers an immense opportunity to the market over the forecast period.
The automotive application segment is one of the major contributors to the market growth. The same utilizes cantilever racks, selective pallet, and push back racking system on large scale to store automotive parts such as body panel’s parts, silencers, chassis, and various others.
In addition, increasing technological advancement in warehouse racking manufacturing coupled with the adoption of light-weighted and carbon neutral steel is expected to increase the adoption of new and advanced racking system in various application industry.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into Germany warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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