EUROPE WAREHOUSE RACKING SYSTEM MARKET FORECAST 2023-2032
The Europe warehouse racking system market is expected to record a CAGR of 3.64% during the forecast period, 2023-2032, and is estimated to garner a revenue of $3552.30 million by 2032.
EUROPE WAREHOUSE RACKING SYSTEM MARKET FORECAST 2023-2032
Europe Warehouse Racking System Market by End-user (Manufacturer, Wholesaler, Retailer) Market by Type (Selective Pallet Racking, Drive-in Racking and Drive-through Racking, Cantilever Racking, Pallet Flow Racking, Pushback Racking, Other Racking Systems) by Geography
The Europe warehouse racking system market is expected to record a CAGR of 3.64% during the forecast period, 2023-2032, and is estimated to garner a revenue of $3552.30 million by 2032.
The warehouse racking system market growth in Europe is accredited to the high-volume trades taking place in countries like Germany and the United Kingdom through varied logistics routes. Accordingly, there is a large presence of numerous warehouses in several trade points like airports and ports to meet the storing requirements of the region. Thus, the increasing business needs propel the analyzed market’s regional demands.
However, the Europe warehouse racking system market growth is hampered by rising operation costs.
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The Europe warehouse racking system market growth evaluation includes the assessment of France, Italy, the United Kingdom, Germany, Spain, and Rest of Europe. In the United Kingdom, online shopping has resulted in an increased number of warehouses and logistical facilities. Also, the pandemic and the EU’s exit have enabled significant growth in shipping and storage capacities. As per government data, 2021 saw a 21% increase in transport and storage-related business locations compared to 2019. Whereas online shopping constituted almost 38% of the total retail sales in January 2021. Additionally, in 2021, new orders for the building of warehouses totaled around $4.1 billion. As a result, such developments have contributed to a sharp increase in new warehouse construction projects, thereby fueling market demands.
Germany is one of Europe’s most important logistics hubs, encompassing prominent industries like pharmaceuticals and automotive. The expansion of logistics and the need for compact storage & product retrieval solutions aids the Germany warehouse racking system market growth. Accordingly, the market prospects are attributed to the presence of lucrative logistics and warehouse regions like Munich, Dusseldorf, Hamburg, Frankfurt, and Berlin. As a result, there is a high demand for warehousing activities.
Furthermore, France is evaluated as a conducive market for businesses to expand and operate, given its thriving logistics infrastructure and strategic geographical position. It has four seaports and borders seven other European nations. Therefore, there is a huge demand for warehouses among businesses to utilize the region’s capabilities. Besides, the surging internet usage for connected goods sales and online shopping is expected to contribute to market growth. Moreover, the rising government expenditure to supplement infrastructure investment and digital transformation alongside the construction of new warehouses to cater to online trade are beneficial to market growth.
The Europe warehouse racking system market scope includes type and end-user. The end-user segment includes retailer, wholesaler, and manufacturer.
Manufacturers are expected to have a large market share due to a large number of industries like pharmaceutical, steel, and automotive. Since manufacturing entails producing new goods from raw materials or components, manufacturers need vast space to store their finished goods, semi-finished goods, and raw materials. Also, the storage of finished products and inflow of materials in manufacturing plants are ongoing processes until their transportation, thereby requiring adequate space. Thus, the warehouse racking system plays a central role by facilitating optimal storage and space utilization for manufacturers’ warehouses and raising their plant operations’ efficiency.
Some of the key companies operating in the Europe warehouse racking system market are Vanderlande Industries BV, Jungheinrich AG, SSI Schaefer Group, Kardex Holding AG, etc.
Vanderlande comes under the materials handling equipment business segment of the Toyota Advanced Logistics Group (TALG). It provides automated material handling systems & services and logistic process automation in the parcel, airports, and warehousing sectors. The company has an operational presence in Latin America, Asia-Pacific, Europe, and North America, with headquarters in Veghel, the Netherlands.
One of the company’s key products, QUICKSTORE Miniload, is suitable for storing trays, totes, and cartons.
Report Synopsis
|
Report Scope |
Details |
| Market Forecast Years | 2023-2032 |
| Base Year | 2022 |
| Market Historical Years | 2018-2021 |
| Forecast Units | Revenue ($ Million) |
| Segments Analyzed | Type, End-User |
| Countries Analyzed | France, Italy, the United Kingdom, Germany, Spain, and Rest of Europe |
| Companies Analyzed |
Daifuku Co Ltd, DEMATIC, Kardex Holding AG, Vanderlande Industries BV, SSI Schaefer Group, AK Material Handling Systems, DMW&H, Jungheinrich AG, Beumer Group GMBH & Co KG, Interroll Holding AG, Emrack International |
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- MAJOR MARKET FINDINGS
- GROWING NUMBER OF NEW WAREHOUSE CONSTRUCTIONS
- ADVANCEMENTS IN SOLUTIONS AND RELATED TECHNOLOGIES
- MARKET DYNAMICS
- KEY DRIVERS
- PRESSING NEED FOR OPTIMIZING WAREHOUSE SPACE
- REQUIREMENT OF EFFECTIVE MATERIAL HANDLING AND SYSTEMATIC STORAGE
- SOARING WAREHOUSING ACTIVITIES ACROSS INDUSTRIES
- KEY RESTRAINTS
- INADEQUATE KNOWLEDGE AND INSTRUCTION ON MATERIAL HANDLING
- KEY DRIVERS
- KEY ANALYTICS
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- MARKET MATURITY ANALYSIS
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- RAW MATERIAL SUPPLIERS
- PRODUCT MANUFACTURERS
- DISTRIBUTORS
- END-USER
- KEY BUYING CRITERIA
- COST
- PRODUCT FEATURES
- UTILIZATION
- MARKET BY END-USER
- MANUFACTURER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- WHOLESALER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- RETAILER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- MANUFACTURER
- MARKET BY TYPE
- SELECTIVE PALLET RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- DRIVE-IN RACKING AND DRIVE-THROUGH RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- CANTILEVER RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PALLET FLOW RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PUSHBACK RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER RACKING SYSTEMS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- SELECTIVE PALLET RACKING
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- EUROPE WAREHOUSE RACKING SYSTEM MARKET DRIVERS
- EUROPE WAREHOUSE RACKING SYSTEM MARKET CHALLENGES
- EUROPE WAREHOUSE RACKING SYSTEM MARKET REGULATORY FRAMEWORK
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- UNITED KINGDOM WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- GERMANY
- GERMANY WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- FRANCE
- FRANCE WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- ITALY
- ITALY WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- SPAIN
- SPAIN WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- REST OF EUROPE
- REST OF EUROPE WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- UNITED KINGDOM
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- COMPANY PROFILES
- AK MATERIAL HANDLING SYSTEMS
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- BEUMER GROUP GMBH & CO KG
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- DAIFUKU CO LTD
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- DEMATIC
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- DMW&H
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- EMRACK INTERNATIONAL
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- INTERROLL HOLDING AG
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- JUNGHEINRICH AG
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- KARDEX HOLDING AG
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- SSI SCHAEFER GROUP
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- VANDERLANDE INDUSTRIES BV
- COMPANY OVERVIEW
- PRODUCTS / SERVICES LIST
- STRENGTHS & CHALLENGES
- AK MATERIAL HANDLING SYSTEMS
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – WAREHOUSE RACKING SYSTEM
TABLE 2: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY END-USER, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: EUROPE WAREHOUSE RACKING SYSTEM MARKET REGULATORY FRAMEWORK
TABLE 9: KEY PLAYERS IN EUROPE WAREHOUSE RACKING SYSTEM MARKET
TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: EUROPE WAREHOUSE RACKING SYSTEM MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022
FIGURE 9: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY MANUFACTURER, 2023-2032 (IN $ MILLION)
FIGURE 10: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY WHOLESALER, 2023-2032 (IN $ MILLION)
FIGURE 11: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY RETAILER, 2023-2032 (IN $ MILLION)
FIGURE 12: EUROPE WAREHOUSE RACKING SYSTEM MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022
FIGURE 13: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY SELECTIVE PALLET RACKING, 2023-2032 (IN $ MILLION)
FIGURE 14: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY DRIVE-IN RACKING AND DRIVE-THROUGH RACKING, 2023-2032 (IN $ MILLION)
FIGURE 15: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY CANTILEVER RACKING, 2023-2032 (IN $ MILLION)
FIGURE 16: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY PALLET FLOW RACKING, 2023-2032 (IN $ MILLION)
FIGURE 17: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY PUSHBACK RACKING, 2023-2032 (IN $ MILLION)
FIGURE 18: EUROPE WAREHOUSE RACKING SYSTEM MARKET, BY OTHER RACKING SYSTEMS, 2023-2032 (IN $ MILLION)
FIGURE 19: EUROPE WAREHOUSE RACKING SYSTEM MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 20: UNITED KINGDOM WAREHOUSE RACKING SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 21: GERMANY WAREHOUSE RACKING SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 22: FRANCE WAREHOUSE RACKING SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 23: ITALY WAREHOUSE RACKING SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: SPAIN WAREHOUSE RACKING SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 25: REST OF EUROPE WAREHOUSE RACKING SYSTEM MARKET, 2023-2032 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- EUROPE WAREHOUSE RACKING SYSTEM MARKET DRIVERS
- EUROPE WAREHOUSE RACKING SYSTEM MARKET CHALLENGES
- EUROPE WAREHOUSE RACKING SYSTEM MARKET REGULATORY FRAMEWORK
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- UNITED KINGDOM WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- GERMANY
- GERMANY WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- FRANCE
- FRANCE WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- ITALY
- ITALY WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- SPAIN
- SPAIN WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- REST OF EUROPE
- REST OF EUROPE WAREHOUSE RACKING SYSTEM MARKET SIZE & OPPORTUNITIES
- UNITED KINGDOM
- EUROPE
- MARKET BY END-USER
- MANUFACTURER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- WHOLESALER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- RETAILER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- MANUFACTURER
- MARKET BY TYPE
- SELECTIVE PALLET RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- DRIVE-IN RACKING AND DRIVE-THROUGH RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- CANTILEVER RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PALLET FLOW RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PUSHBACK RACKING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER RACKING SYSTEMS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- SELECTIVE PALLET RACKING
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