Mexico Warehouse Racking Market Size & Outlook, 2023-2030
Mexico warehouse racking market, 2018-2030 (US$M)
Related Markets
Mexico warehouse racking market highlights
- The Mexico warehouse racking market generated a revenue of USD 366.6 million in 2023 and is expected to reach USD 509.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.8% 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 366.6 million |
| Market revenue in 2030 | USD 509.6 million |
| Growth rate | 4.8% (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, Mexico accounted for 3.9% 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 North America, U.S. warehouse racking market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 509.6 million by 2030.
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Warehouse Racking Market Scope
Warehouse Racking Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 52.24% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico is witnessing a rise in a new consumer class having a high preference regarding modern product storage and distribution network during the forecast period. In addition, the rise in infrastructural development coupled with the rapidly changing logistics and supply network in the developing nation is expected to add positive growth to the overall warehouse racking market.
Moreover, increasing foreign direct investment (FDI) from the developed nation such as the U.S., Canada, Germany, Spain, and others is expected to open new growth avenues for the market. Increasing FDI in the field of automotive, retail, wholesale trade, and communication services is expected to augment the growth of warehouses in the country.
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Our clientele includes a mix of warehouse racking market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into Mexico warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico warehouse racking market size, by product, 2018-2030 (US$M)
Mexico Warehouse Racking Market Outlook Share, 2023 & 2030 (US$M)
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