Italy Warehouse Racking Market Size & Outlook, 2023-2030
Italy warehouse racking market, 2018-2030 (US$M)
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Italy warehouse racking market highlights
- The Italy warehouse racking market generated a revenue of USD 255.5 million in 2023 and is expected to reach USD 305.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, selective pallets was the largest revenue generating product in 2023.
- Selective Pallets is the most lucrative product segment registering the fastest growth during the forecast period.
Warehouse racking market data book summary
| Market revenue in 2023 | USD 255.5 million |
| Market revenue in 2030 | USD 305.7 million |
| Growth rate | 2.6% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 2.7% of the global warehouse racking market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany warehouse racking market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 606.4 million by 2030.
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Warehouse Racking Market Scope
Warehouse Racking Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy warehouse racking market outlook
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 42.07% in 2023. Horizon Databook has segmented the Italy 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 warehouse racking market for Italy is expected to increase in the wake of rising retail, manufacturing, packaging, food & beverage, and automotive application industries. Increasing investment and merger & acquisition in the food & beverage application is expected to increase the demand of warehouses in the country.
Storing, retrieval, and distribution of beverages such as wines & sprinkles wines, coffee, soft drinks, and others are one of the dominated products that requires racking system on large scale such as carton rack system, pallet flow, and push back racking system.
Increasing investment in warehouses and fulfillment centers construction in the country is expected to spur the demand of warehouse racking system during the forecast period. For instance, in January 2021, Amazon announced to open two new sites in Italy, with one as a fulfillment center in Novara and one sortation center in Spilamberto.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into Italy warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy warehouse racking market size, by product, 2018-2030 (US$M)
Italy Warehouse Racking Market Outlook Share, 2023 & 2030 (US$M)
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