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IMARC Group’s report titled “Stacker Market Report by Type (Electric, Manual/Hydraulic, Semi-Electric), End User (Retail and Wholesale, Logistics, Automobile, Food and Beverages, and Others), and Region 2024-2032”. The global stacker market size reached US$ 2.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.24% during 2024-2032.
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Factors Affecting the Growth of the Stacker Industry:
Increased Demand for Efficient Material Handling:
The rising need for streamlined operations in warehouses, manufacturing plants, and distribution centers is catalyzing the demand for stackers. These machines allow for the efficient movement, stacking, and storage of goods, significantly reducing the time and labor required for these tasks. Industries, such as e-commerce, retail, and logistics, which rely heavily on fast and accurate order fulfillment, are increasingly adopting stackers to enhance productivity. As businesses continue to scale up operations to meet consumer demand, the ability to handle materials quickly and efficiently becomes crucial. This trend is particularly important in environments where space is limited, and maximizing vertical storage is essential.
Rising Adoption of Automation:
The integration of automated stackers in warehouses and manufacturing facilities, driven by the need to reduce operational costs, increase productivity, and minimize human error, is bolstering the market growth. Automated stackers are equipped with advanced navigation and control systems that can operate continuously with minimal supervision. This is particularly beneficial in large-scale warehouses and distribution centers where the volume of goods handled is immense. As companies seek to optimize their supply chains and enhance efficiency, the adoption of automated stackers is expected to increase.
Growth in E-commerce:
The rising demand for warehousing and logistics solutions due to the thriving e-commerce sector is propelling the market growth. As online shopping continues to grow, so does the volume of goods that need to be stored, picked, packed, and shipped. Stackers play a crucial role in managing these operations efficiently by facilitating the movement and storage of large quantities of products. The ability to process orders quickly and accurately is critical in e-commerce, where user expectations for fast delivery are high. Stackers help optimize warehouse space, improve order picking efficiency, and reduce the time taken to fulfill orders.
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Leading Companies Operating in the Global Stacker Industry:
Clark Material Handling Company
Crown Equipment Corporation
Doosan Corporation
Godrej & Boyce Mfg. Co. Ltd.
Hangcha Group Co. Ltd.
Hyster-Yale Materials Handling Inc.
Jungheinrich AG
Linde Material Handling (Kion Group AG)
Mitsubishi Logisnext Co. Ltd. (Mitsubishi Heavy Industries Ltd.)
NIDO Machineries Pvt. Ltd.
Toyota Industries Corporation.
Stacker Market Report Segmentation:
By Type:
Electric
Manual/Hydraulic
Semi-Electric
Electric represented the largest segment on account of its enhanced versatility, efficiency, and eco-friendly operation.
By End User:
Retail and Wholesale
Logistics
Automobile
Food and Beverages
Others
Retail and wholesale hold the biggest market share due to the rising focus on ensuring that products are readily available to individuals.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Asia Pacific dominates the stacker market on account of the increasing utilization of eco-friendly products.
Global Stacker Market Trends:
Companies are increasingly automating their warehouse operations to improve efficiency and reduce labor costs. Stackers equipped with automation technology, such as automated guided vehicles (AGVs) and automated storage and retrieval systems (AS or RS), are capable of autonomously navigating warehouses, picking and storing items with precision, and optimizing inventory management. Moreover, this automation not only enhances efficiency but also minimizes the chances of errors and accidents in warehouse settings.
Besides this, the push for greener warehouse operations is encouraging the adoption of electric stackers, which offer lower emissions and reduced energy consumption as compared to traditional models.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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