UAE Warehouse Racking Market Size & Outlook, 2023-2030
UAE warehouse racking market, 2018-2030 (US$M)
Related Markets
UAE warehouse racking market highlights
- The UAE warehouse racking market generated a revenue of USD 172.0 million in 2023 and is expected to reach USD 235.5 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, selective pallets was the largest revenue generating product in 2023.
- Cantilever 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 172.0 million |
| Market revenue in 2030 | USD 235.5 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Selective pallets |
| Fastest growing segment | Cantilever |
| 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, UAE accounted for 1.8% 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 Middle East & Africa, Saudi Arabia warehouse racking market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 235.5 million by 2030.
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Warehouse Racking Market Scope
Warehouse Racking Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 41.92% in 2023. Horizon Databook has segmented the UAE 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 UAE is expected to register notable growth on account of significant pressence of multinational companies and rising number of distribution centers in the country.
The trend is projected to substantially impact the demand for the warehouse racking market as the racking systems and solutions offer effective, custom-made, and safe racking systems for the company, facilitating them to have effective and timely logistic services.
On account of its infrastructural development and favorable economy, the country attracts several foreign investments through manufacturing and distribution facilities. The companies like GE Lighting, Worldwide Distribution Center had extended their presence in Dubai, thereby favoring the market growth.
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Our clientele includes a mix of warehouse racking market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into UAE warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE warehouse racking market size, by product, 2018-2030 (US$M)
UAE Warehouse Racking Market Outlook Share, 2023 & 2030 (US$M)
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