Japan Warehouse Racking Market Size & Outlook, 2023-2030
Japan warehouse racking market, 2018-2030 (US$M)
Related Markets
Japan warehouse racking market highlights
- The Japan warehouse racking market generated a revenue of USD 471.0 million in 2023 and is expected to reach USD 628.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.2% 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 471.0 million |
| Market revenue in 2030 | USD 628.1 million |
| Growth rate | 4.2% (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, Japan accounted for 5.0% 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 Asia Pacific, China warehouse racking market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 520.3 million by 2030.
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Warehouse Racking Market Scope
Warehouse Racking Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 44.16% in 2023. Horizon Databook has segmented the Japan 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 market for warehouse racking in the Japan is expected to witness a positive growth during the forecast period owing to the presence of large number automotive and logistics company such as Toyota, Honda, Nissan, Mazda, Mitsubishi, Nippon Express Company, Hitachi Transport System, Yusen Logistics, and others.
In addition, rise in foreign direct investment (FDI) and merger & acquisition in the warehouses and logistics segments is expected to propel the demand for warehouse racking system in the market during the forecast period.
In addition, increasing technological advancement and private investment in the field of automotive and warehouse construction & expansion is the major growth driving factor to warehouse racking market. For instance, rising concern towards connected, autonomous, shared, and electric vehicles (CASE) is expected to open new growth avenues to the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into Japan warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan warehouse racking market size, by product, 2018-2030 (US$M)
Japan Warehouse Racking Market Outlook Share, 2023 & 2030 (US$M)
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