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

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.

A stacker is a bulk material handling machine used for lifting, storing, and stockpiling loads. It is commonly available in manual, self-lifting, electric, semi-electric, and powered pallet variants. These machines are widely used in factories, transportation hubs, warehouses, shop floors, logistics, and manufacturing facilities. Stacker is a robust, reliable, and cost-effective machine that enhances operational performance and provides high throughput. It also maximizes space utilization, improves storage density, reduces infrastructure costs, and is easy to maneuver in restricted spaces. As a result, stacker finds extensive applications across the retail, logistics, food and beverage (F&B), and automobile industries.

Stacker Market Trends:

The growing infrastructural development activities across the globe are one of the key factors driving the market growth. Stacker is widely used for constructing roads, residential complexes, and commercial buildings due to its high performance, low maintenance, enhanced mobility, and varied lifting capacities. In addition, the widespread product adoption as a safe and effective material handling equipment that helps in improving worker safety is acting as another growth-inducing factor. Furthermore, the increasing product utilization in warehouses to create an efficient storage and retrieval system through organized placement and movement of commodities is providing a considerable boost to the market growth. Additionally, the introduction of automated robotic stackers that reduce labor costs, prevent injuries, improve package quality, and assist with seasonal labor shortages is creating a positive outlook for the market. Moreover, the widespread adoption of the machine for handling automobiles in repair shops, car showrooms, and vertical car parking are providing an impetus to the market growth. Other factors, including the rising adoption of battery-operated stackers for handling double pallets and horizontal transport and extensive research and development (R&D) activities toward improving the product's construction, functioning, and durability, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global stacker market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and end user.

Breakup by Type:

• Electric
• Manual/Hydraulic
• Semi-Electric

Breakup by End User:

• Retail and Wholesale
• Logistics
• Automobile
• Food and Beverages
• Others

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report

1. What was the size of the global stacker market in 2023?

2. What is the expected growth rate of the global stacker market during 2024-2032?

3. What are the key factors driving the global stacker market?

4. What has been the impact of COVID-19 on the global stacker market?

5. What is the breakup of the global stacker market based on type?

6. What is the breakup of the global stacker market based on the end user?

7. What are the key regions in the global stacker market?

8. Who are the key players/companies in the global stacker market?