The latest research study by IMARC Group, "Stacker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" offers a c
The latest research study by IMARC Group, “Stacker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on global stacker market price. The market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
A stacker represents a bulk material handling machine used for storing, lifting, and stockpiling loads. It is commonly available in self-lifting, electric, manual, semi-electric, and powered pallet variants. A stacker is widely used in transportation hubs, warehouses, shop floors, factories, logistics, and manufacturing facilities. It is a reliable, robust, and cost-effective machine that enhances operational performance and provides high throughput. A stacker also improves storage density, reduces infrastructure costs, maximizes space utilization, and is easy to maneuver in restricted spaces. As a result, this machine finds widespread applications across various sectors, such as logistics, food and beverage (F&B), retail, and automobile.
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Stacker Market Trends and Drivers:
The rising infrastructural development activities across the globe and the elevating product requirement for constructing residential complexes, roads, and commercial buildings, owing to its low maintenance, enhanced mobility, high performance, and varied lifting capacities, are among the primary factors driving the stacker market. Besides this, the escalating demand for this machine as a safe and effective material handling tool that assists in improving worker safety is further augmenting the market growth. Moreover, the introduction of automated robotic stackers that reduce labor costs, prevent injuries, enhance the quality of the package, and aid with seasonal labor shortages is also catalyzing the global market.
Apart from this, the increasing product utilization in warehouses to create an efficient storage and retrieval system through organized placement and movement of commodities is acting as another significant growth-inducing factor. Additionally, the growing popularity of this machine for handling automobiles in repair shops, car showrooms, and vertical car parking is also stimulating the market growth. Furthermore, the inflating investments by the leading manufacturers to improve the construction, functioning, and durability of the product are anticipated to propel the stacker market over the forecasted period.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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. and Toyota Industries Corporation.
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The report has been segmented the market into following categories:
Breakup by Type:
Breakup by End User:
- Retail and Wholesale
- Food and Beverages
Breakup by Region:
- 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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors• SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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