Europe Stacker Market Size study, by Type (Electric, Manual/Hydraulic, and Semi-Electric), End-User (Retail & Wholesale, Logistics, Automobile, Food & Beverages, and Others) and Country Forecasts 2022-2032
Europe Stacker Market is valued approximately USD 471.82 million in 2023 and is anticipated to grow with a healthy growth rate of more than 4.63% over the forecast period 2024-2032. Stackers are material handling equipment utilized in factories, warehouses, and logistics centers to move and lift goods and pallets. They are important for effective transportation and storage of goods in commercial and industrial settings. The Europe stacker market is driven by several factors such as economic conditions, industrial growth, and technological advancements. With the increasing importance on optimization and automation of supply chain operations, there has been a rising demand for stackers that offer greater efficiency, reliability, and safety features. Moreover, sustainability and environment considerations are becoming gradually vital in the stacker market, driving of hybrid and electric stackers over traditional fuel-powered ones. In addition, the advancements in sensor technology and connectivity are allowing the growth of smart stackers equipped with IoT capabilities for remote monitoring and predictive maintenance, further increasing operational efficiency and decreasing downtime. Thus, the Europe stacker market driven by technological innovation and the need for greater efficiency and sustainability in material handling operations.
The Europe stackers market is driven by the increasing efficiency and productivity across the industries. It plays an important role in increasing productivity by structuring material handling processes, reducing manual labor, and maximizing space utilization within warehouses and distribution centers. Efficiency is crucial in increasing customer potentials for quicker delivery times and seamless logistics operations, driven by the growth of e-commerce and omnichannel retail. Moreover, stackers enable smoother workflows and lessening downtime associated with manual handling processes. With their ability to lift and transport heavy loads with precision and speed, stackers empower workers to accomplish tasks more efficiently, leading to overall productivity improvements across the supply chain. Manufacturers are increasingly investing in advanced stacker technologies, such as electric and hybrid models equipped with automation and IoT capabilities, to further augment efficiency and drive demand for the Europe Stacker Market. For instance, in June 2023, Kalmar launched its new eco-efficient electric reach stacker in Rotterdam, the Netherlands. It is built with 47% SSAB Zero steel, which is recycled from steel and designed using fossil-free electricity and biogas. However, retrofitting existing equipment and a high initial investment, on the other hand, will stifle market growth between 2022 and 2032.
The key countries considered for the Europe Stacker market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest market. Efficiency and productivity are paramount in German industries. Stackers play a crucial role in optimizing material handling processes, reducing downtime, and maximizing throughput, thereby contributing to overall operational efficiency and competitiveness. German manufacturers are developing advanced stackers equipped with innovative technologies such as automation, IoT connectivity, and energy-efficient systems to further drive demand for the Europe Stacker Market. The market in UK, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:Jungheinrich AG
KION Group AG
Cargotec Corporation
CVS ferrari S.P.A.
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below: By Type
Electric
Manual/Hydraulic
Semi-Electric
By End-User
Retail & Wholesale
Logistics
Automobile
Food & Beverages
Others
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions